EQUIPMENT PURCHASE AND SALE AGREEMENT
Governed by Oregon UCC Article 2 (ORS Section 72.1010 et seq.).
KEY PROVISIONS
- Late Payment: 9% per annum statutory rate (ORS Section 82.010)
- Risk of Loss: ORS Section 72.5090
- Inspection/Rejection: ORS Sections 72.5130, 72.6010, 72.6020
- Warranties: ORS Sections 72.3140, 72.3150, 72.3160
- Remedies: ORS Sections 72.7060, 72.7120, 72.7180, 72.7190
- Trade Secrets: Oregon UTSA (ORS Section 646.461 et seq.)
- E-Signatures: Oregon UETA (ORS Section 84.001 et seq.)
- Forum: Circuit Court for Multnomah County or Lane County
EXECUTION
☐ All placeholders completed ☐ Oregon-licensed counsel review