EQUIPMENT PURCHASE AND SALE AGREEMENT
Governed by Missouri UCC Article 2 (Mo. Rev. Stat. Section 400.2-101 et seq.).
KEY PROVISIONS
- Late Payment: 9% per annum statutory rate (Mo. Rev. Stat. Section 408.020)
- Risk of Loss: Mo. Rev. Stat. Section 400.2-509
- Inspection/Rejection: Mo. Rev. Stat. Sections 400.2-513, 400.2-601, 400.2-602
- Warranties: Mo. Rev. Stat. Sections 400.2-314, 400.2-315, 400.2-316
- Remedies: Mo. Rev. Stat. Sections 400.2-706, 400.2-712, 400.2-718, 400.2-719
- Trade Secrets: Missouri UTSA (Mo. Rev. Stat. Section 417.450 et seq.)
- E-Signatures: Missouri UETA (Mo. Rev. Stat. Section 432.200 et seq.)
- Forum: Circuit Court for St. Louis City, St. Louis County, or Jackson County
EXECUTION
☐ All placeholders completed ☐ Missouri-licensed counsel review