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Arkansas Contracts Agreements
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Sales Agreement - Goods - Free Editor

MASTER SALE OF GOODS AGREEMENT

(Arkansas UCC-Compliant)

This Agreement is made as of [EFFECTIVE DATE] by and between:
1. [SELLER LEGAL NAME] ("Seller"); and
2. [BUYER LEGAL NAME] ("Buyer").

The Parties intend this Agreement to be governed by Arkansas UCC Article 2 (Ark. Code Ann. Section 4-2-101 et seq.).

I. DEFINITIONS

"Goods" - tangible movable goods described in Schedule 1.
"PO" - Purchase Order referencing this Agreement.
"Specifications" - technical specifications in Schedule 1.

II. SALE AND PURCHASE

2.1 Sale

Seller sells and Buyer purchases Goods per duly-issued POs.
Battle-of-forms governed by Ark. Code Ann. Section 4-2-207.

III. DELIVERY; TITLE; RISK OF LOSS

3.1 Shipping Terms

Per Ark. Code Ann. Sections 4-2-319 to 4-2-324.

3.2 Inspection

Per Ark. Code Ann. Section 4-2-513.

IV. PRICE AND PAYMENT

4.1 Prices

Per Schedule 3.

4.2 Late Payment

Interest at [RATE]% or maximum under Arkansas law (17% for written contracts per Ark. Code Ann. Section 4-57-104), whichever is less.

V. WARRANTIES

5.1 Seller Warranties

a. Conformity to Specifications for [WARRANTY PERIOD].
b. Title warranty per Ark. Code Ann. Section 4-2-312.
c. Merchantability per Ark. Code Ann. Section 4-2-314.
d. Fitness per Ark. Code Ann. Section 4-2-315.

5.2 Disclaimer

TO THE EXTENT PERMITTED BY ARKANSAS LAW AND ARK. CODE ANN. SECTION 4-2-316, WARRANTIES NOT EXPRESSLY SET FORTH ARE DISCLAIMED. THIS DISCLAIMER IS CONSPICUOUS.

VI. COVENANTS

6.1 Confidentiality

Protected under Arkansas Trade Secrets Act (Ark. Code Ann. Section 4-75-601 et seq.).

VII. DEFAULT AND REMEDIES

7.1 Seller Remedies

Adequate assurance per Ark. Code Ann. Section 4-2-609.

7.2 Buyer Remedies

Cover per Ark. Code Ann. Section 4-2-712.

VIII. RISK ALLOCATION

8.1 Limitation

Per Ark. Code Ann. Sections 4-2-718, 4-2-719.

IX. DISPUTE RESOLUTION

9.1 Governing Law

Arkansas law and Arkansas UCC.

9.2 Forum

State and federal courts in Pulaski County, Arkansas (non-exclusive).

X. GENERAL PROVISIONS

10.1 Electronic Signatures

Valid under Arkansas UETA (Ark. Code Ann. Section 25-32-101 et seq.).

EXECUTION

SELLER BUYER
[SELLER LEGAL NAME] [BUYER LEGAL NAME]
By: ___________________________ By: ___________________________
Name: _________________________ Name: _________________________
Title: __________________________ Title: __________________________
Date: __________________________ Date: __________________________

SCHEDULES

  1. Specifications
  2. Delivery Requirements
  3. Pricing
  4. Warranty Procedures
  5. Form of PO

CHECKLIST

☐ All placeholders completed
☐ Schedules attached
☐ Arkansas-licensed counsel review
☐ Both parties signed

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