EQUIPMENT PURCHASE AND SALE AGREEMENT
Governed by Vermont UCC Article 2 (9A V.S.A. Section 2-101 et seq.).
KEY PROVISIONS
- Late Payment: 12% per annum statutory rate (9 V.S.A. Section 41a)
- Risk of Loss: 9A V.S.A. Section 2-509
- Inspection/Rejection: 9A V.S.A. Sections 2-513, 2-601, 2-602
- Warranties: 9A V.S.A. Sections 2-314, 2-315, 2-316
- Remedies: 9A V.S.A. Sections 2-706, 2-712, 2-718, 2-719
- Trade Secrets: Vermont UTSA (9 V.S.A. Section 4601 et seq.)
- E-Signatures: Vermont UETA (9 V.S.A. Section 270 et seq.)
- Forum: Superior Court for Chittenden County or Washington County
EXECUTION
☐ All placeholders completed ☐ Vermont-licensed counsel review