Example Digital Device Purchase<\/p>\n
EXAMPLE<\/p>\n
DIGITAL DEVICE PURCHASE<\/p>\n
AGREEMENT<\/p>\n
This agreement is by and between Calum<\/p>\n
Tech International (“Buyer”), and the<\/p>\n
mobile telephone company,<\/p>\n
Falcons (“Seller”).<\/p>\n
Whereas, the Seller desires to sell to the<\/p>\n
Buyer a comprehensive group of 100 cell<\/p>\n
phones within 90 days of signing, with<\/p>\n
costs summarized below.<\/p>\n
Cost Summary<\/p>\n
1. Product: Cell phones = $200 each<\/p>\n
2. Quantity: 100<\/p>\n
3. Contract type: Typically, for a<\/p>\n
product acquisition, Lowest prices,<\/p>\n
technically acceptable (LPTA)<\/p>\n
4. Period of performance: 60 months<\/p>\n
5. Data usage per phone (monthly<\/p>\n
without contract): $100 \u00d7 60<\/p>\n
months = $6,000. Data usage<\/p>\n
(monthly with contract): $40 \u00d7 60<\/p>\n
months = $2,400<\/p>\n
6. Video, text, and similar services:<\/p>\n
Not applicable to this contract<\/p>\n
7. Recycling costs: $75 \u00d7 100 =<\/p>\n
$7,500<\/p>\n
8. Total product cost: $2,675 to<\/p>\n
$6,275 per phone; $267,500 to<\/p>\n
$627,500 for 100<\/p>\n
9. 20% Defense Business Operating<\/p>\n
Fund fee = $53,500 to $125,500<\/p>\n
10. Total potential cost<\/p>\n
a. Without data contract =<\/p>\n
$627,500 + $125,500 =<\/p>\n
$753,000<\/p>\n
b. With data contract =<\/p>\n
$267,500 + $53,500 =<\/p>\n
$321,000<\/p>\n
Therefore, the parties hereby agree as<\/p>\n
follows:<\/p>\n
1) Purchase and Sale of Product. The<\/p>\n
Seller agrees to sell, and the Buyer agrees<\/p>\n
to buy, for a total purchase price of<\/p>\n
$100,000.00 (“Purchase Price”). The<\/p>\n
Buyer shall initiate payment of the<\/p>\n
purchase price immediately after receipt<\/p>\n
and satisfactory inspection of the<\/p>\n
product.<\/p>\n
2) Shipping.<\/p>\n
a) Costs. Falcons will arrange and<\/p>\n
pay for shipping the product to the<\/p>\n
Buyer.<\/p>\n
b) Risk of Loss. The Seller bears<\/p>\n
responsibility for the Product,<\/p>\n
including responsibility for the risk<\/p>\n
of loss of or damage to the Product,<\/p>\n
until such time as the Product<\/p>\n
arrives at the Buyer.<\/p>\n
c) Inspection and Acceptance. After<\/p>\n
receipt of the Product, the Buyer<\/p>\n
will have 90 days in which to<\/p>\n
inspect the Product, and that<\/p>\n
Product is in the same condition as<\/p>\n
noted in the master packing list. A<\/p>\n
significant discrepancy in the<\/p>\n
inventory and\/or condition of the<\/p>\n
Product, if unresolved by the<\/p>\n
parties, is grounds for refusal of the<\/p>\n
Product by the Buyer and<\/p>\n
withholding of payment. A<\/p>\n
“significant discrepancy” is defined<\/p>\n
as damaged, missing, or non-<\/p>\n
working product. In the event that<\/p>\n
such a discrepancy exists, the<\/p>\n
Product will be returned to the<\/p>\n
Seller at the Seller’s expense, unless<\/p>\n
the Seller cures the discrepancy no<\/p>\n
later than 90 days after the Buyer<\/p>\n
provides written notice of the<\/p>\n
discrepancy, or such later time as<\/p>\n
may be agreed upon by the parties.<\/p>\n
The Buyer will indicate its<\/p>\n
acceptance or rejection of the<\/p>\n
Product in writing.<\/p>\n
3) Warranties and Indemnifications.<\/p>\n
a) Warranty of Title. The Seller<\/p>\n
represents and warrants that the<\/p>\n
Seller is the true and lawful owner<\/p>\n
of the property in this agreement<\/p>\n
and the title so conveyed is free,<\/p>\n
clear, and unencumbered. Other<\/p>\n
than as expressly written the<\/p>\n
product is being sold “as-is” with no<\/p>\n
warranties.<\/p>\n
b) Authority to Sign Agreement.<\/p>\n
The Seller hereby warrants that the<\/p>\n
Seller has the authority necessary<\/p>\n
to sign this agreement.<\/p>\n
c) Seller Indemnification. The Seller<\/p>\n
agrees to indemnify and hold the<\/p>\n
Buyer harmless from all claims,<\/p>\n
liabilities, damages, loss, and costs<\/p>\n
and expenses (including attorneys’<\/p>\n
fees), that are the result of any<\/p>\n
breach of warranties or<\/p>\n
representations of this agreement.<\/p>\n
4) Publicity. Seller shall obtain prior<\/p>\n
written approval from the Buyer prior to<\/p>\n
using the Buyer’s trademarks or trade<\/p>\n
names, images or holdings (“Proprietary<\/p>\n
Marks”). This applies to all uses<\/p>\n
regardless of whether on the web, in<\/p>\n
print, or in any other media. Once<\/p>\n
approved, similar uses in the same<\/p>\n
context and format will not require<\/p>\n
additional approval. The contact at the<\/p>\n
Buyer for these reviews is Senior<\/p>\n
Contract Manager Talia Norduff.<\/p>\n
5) Miscellaneous.<\/p>\n
a) Nature of relationship. Nothing in<\/p>\n
this agreement is intended or is to<\/p>\n
be deemed to create a partnership<\/p>\n
or joint venture between the Buyer<\/p>\n
and the Seller.<\/p>\n
b) No waiver. No waiver or<\/p>\n
modification of any of the terms of<\/p>\n
this agreement will be valid unless<\/p>\n
in writing.<\/p>\n
c) Force majeure. Delivery by either<\/p>\n
party under this agreement is<\/p>\n
excused during the period such<\/p>\n
delivery is prevented or delayed by<\/p>\n
government restrictions (whether<\/p>\n
with or without valid jurisdiction),<\/p>\n
worldwide pandemic, insurrection<\/p>\n
or civil disorder, or any other causes<\/p>\n
that are beyond the control of<\/p>\n
either party and are not foreseeable<\/p>\n
at the time the agreement is<\/p>\n
executed.<\/p>\n
d) Assignment. Neither party hereto<\/p>\n
may assign this agreement without<\/p>\n
the written consent of the other,<\/p>\n
such consent not to be<\/p>\n
unreasonably withheld.<\/p>\n
e) Full agreement. This agreement<\/p>\n
constitutes the full agreement<\/p>\n
between the parties with respect to<\/p>\n
the product and supersedes all pre-<\/p>\n
existing agreements and<\/p>\n
understandings.<\/p>\n
f) Applicable law and venue. This<\/p>\n
agreement is to be governed for all<\/p>\n
purposes by and construed in<\/p>\n
accordance with the law of<\/p>\n
Maryland and the venue is to lie<\/p>\n
exclusively in the courts for Anne<\/p>\n
Arundel County.<\/p>\n
The effective date of this agreement is<\/p>\n
the last date of signature below.<\/p>\n
\u00a9 2022 University of Maryland Global Campus<\/p>\n
All links to external sites were verified at the time of<\/p>\n
publication. UMGC is not responsible for the validity<\/p>\n
or integrity of information located at external sites.<\/p>\n
Buyer Seller<\/p>\n
Talia Norduff Senior Contract Manager, CTI<\/p>\n
Prudence Trott Falcons Mobile Telephone Rep<\/p>\n
Date: 2\/13\/2016 Date: 2\/13\/2016<\/p>\n
Course Resource<\/p>\n
Print<\/p>\n
1\/17\/22, 4:42 PM Page 1 of 1<\/p>\n
—<\/p>\n
Purchase of a Digital Device<\/p>\n
EXAMPLE<\/p>\n
PURCHASE OF A DIGITAL DEVICE<\/p>\n
AGREEMENT<\/p>\n
Calum and I have reached an arrangement.<\/p>\n
Tech International (“Buyer”), as well as the<\/p>\n
Business that provides mobile phones,<\/p>\n
The Falcons (“Seller”).<\/p>\n
The Seller, on the other hand, wishes to sell to the<\/p>\n
Purchase a comprehensive group of 100 cells.<\/p>\n
phones within 90 days of signing the contract, with<\/p>\n
The costs are summarized here.<\/p>\n
Summary of Costs<\/p>\n
1. Product: Cell phones = $200 each<\/p>\n
2. Quantity: 100<\/p>\n
3. Contract type: Typically, for a<\/p>\n
product acquisition, Lowest prices,<\/p>\n
technically acceptable (LPTA)<\/p>\n
4. Period of performance: 60 months<\/p>\n
5. Data usage per phone (monthly<\/p>\n
without contract): $100 \u00d7 60<\/p>\n
months = $6,000. Data usage<\/p>\n
(monthly with contract): $40 \u00d7 60<\/p>\n
months = $2,400<\/p>\n
6. Video, text, and similar services:<\/p>\n
Not applicable to this contract<\/p>\n
7. Recycling costs: $75 \u00d7 100 =<\/p>\n
$7,500<\/p>\n
8. Total product cost: $2,675 to<\/p>\n","protected":false},"excerpt":{"rendered":"
Example Digital Device Purchase EXAMPLE DIGITAL DEVICE PURCHASE AGREEMENT This agreement is by and between Calum Tech International (“Buyer”), and the mobile telephone company, Falcons\u2026<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7650,7624,1387,7654,667,7649,7652],"tags":[613,7594,1394,7598,7595,7593,7597,7599,7601,7590,7596,7591,7592],"class_list":["post-92676","post","type-post","status-publish","format-standard","hentry","category-assignment-writing-help","category-dissertation-help","category-dissertation-writing-service","category-healthcare-assignment-help","category-nursing-essay","category-research-essay-help","category-write-my-essay-online","tag-best-dissertation-writing-services-uk","tag-cheap-custom-essay-writing-services","tag-custom-research-paper-writers","tag-custom-research-papers-writing-service","tag-essay-writer-websites","tag-essay-writing-service-quality-cheap","tag-free-research-paper-writing-service","tag-help-me-write-a-research-paper","tag-i-need-help-with-my-dissertation","tag-professional-dissertation-writing-service","tag-quick-essay-writing-service","tag-top-rated-dissertation-writing-services","tag-top-uk-dissertation-writing-services"],"_links":{"self":[{"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/posts\/92676","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/comments?post=92676"}],"version-history":[{"count":0,"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/posts\/92676\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/media?parent=92676"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/categories?post=92676"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/tags?post=92676"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}