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Sales Agreement - Equipment - Free Editor

EQUIPMENT PURCHASE AND SALE AGREEMENT

Governed by Pennsylvania UCC Article 2 (13 Pa. C.S. Section 2101 et seq.).

KEY PROVISIONS

  • Late Payment: 6% per annum statutory rate (41 P.S. Section 202); parties may contract for higher
  • Risk of Loss: 13 Pa. C.S. Section 2509
  • Inspection/Rejection: 13 Pa. C.S. Sections 2513, 2601, 2602
  • Warranties: 13 Pa. C.S. Sections 2314, 2315, 2316
  • Remedies: 13 Pa. C.S. Sections 2706, 2712, 2718, 2719
  • Trade Secrets: Pennsylvania UTSA (12 Pa. C.S. Section 5301 et seq.)
  • E-Signatures: Pennsylvania UETA (73 P.S. Section 2260.101 et seq.)
  • Forum: Court of Common Pleas, Philadelphia County or Allegheny County

EXECUTION

☐ All placeholders completed ☐ Pennsylvania-licensed counsel review

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