SayPro Sales Contract Template for Live Music Machine

SayPro Sales Contract Template for Live Music Machine

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SALES CONTRACT

This Sales Contract (the “Contract”) is entered into as of the [Date], by and between:

Seller:
SayPro Inc.
[Address]
[Phone Number]
[Email Address]
(“Seller”)

Buyer:
[Client Name or Organization]
[Address]
[Phone Number]
[Email Address]
(“Buyer”)

Collectively referred to as “Parties.”

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1. Sale of Goods

The Seller agrees to sell and the Buyer agrees to purchase the following products (collectively referred to as the “Live Music Machine”):

• Product Name: Live Music Machine
• Model/Version: [Model Name/Version]
• Quantity: [Number of Units]
• Included Components: [List components included with the machine (e.g., hardware, software, cables, etc.)]
• Total Price: $[Total Price] (USD)

The Live Music Machine is designed to automate and enhance live music events through integrated audio, lighting, and visual effects.

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2. Payment Terms

1. Payment Amount:
   The total purchase price for the Live Music Machine is $[Total Price].
2. Payment Schedule:
   The Buyer agrees to pay the total purchase price according to the following payment schedule:
   • Deposit: A deposit of [X%] of the total price, amounting to $[Amount], is due upon signing this contract.
   • Final Payment: The remaining balance of $[Amount] is due upon delivery and installation of the Live Music Machine.
3. Payment Method:
   Payments will be made via [Specify Payment Methods: Bank Transfer, Credit Card, etc.].
4. Late Payment:
   Any late payments will incur a late fee of [X%] of the outstanding balance per month or part of the month.

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3. Delivery and Installation

1. Delivery Date:
   The Seller agrees to deliver the Live Music Machine to the Buyer on or before [Delivery Date].
2. Delivery Location:
   The Live Music Machine will be delivered to the following location:
   • Delivery Address: [Address]
3. Installation:
   Seller will provide installation services for the Live Music Machine at the Buyer’s location. The Buyer agrees to allow Seller’s technicians access to the venue for installation and setup.
4. Delivery Charges:
   The cost of delivery is included in the total price unless otherwise stated.

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4. Warranties

1. Limited Warranty:
   The Seller warrants that the Live Music Machine will be free from defects in materials and workmanship under normal use for a period of [X] years from the date of delivery.
2. Warranty Coverage:
   The warranty covers:
   • Manufacturing defects in hardware components.
   • Software updates and bug fixes for a period of [X] years.
3. Exclusions:
   The warranty does not cover:
   • Damage caused by misuse, abuse, or unauthorized repairs.
   • Damage caused by external factors (e.g., power surges, water damage).
   • Normal wear and tear.
4. Claim Process:
   To claim warranty service, the Buyer must contact the Seller’s support team at [Support Email/Phone Number]. The Buyer may be required to return the defective unit for inspection and repair.

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5. Technical Support and Training

1. Support:
   Seller will provide the Buyer with [X] hours of technical support via phone or email for troubleshooting, system setup, and training on how to operate the Live Music Machine.
2. Training:
   The Seller will provide [X] hours of on-site or virtual training to the Buyer’s staff on operating and maintaining the Live Music Machine.
3. Ongoing Support:
   Additional support and training beyond the initial [X] hours will be available at a rate of $[Hourly Rate] per hour.

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6. Intellectual Property

1. Ownership:
   The Live Music Machine and all related software, designs, and intellectual property remain the sole property of the Seller. The Buyer is granted a non-exclusive, non-transferable license to use the system for their own business purposes.
2. Restrictions:
   The Buyer agrees not to:
   • Reverse engineer, decompile, or disassemble the Live Music Machine software.
   • Resell or distribute the Live Music Machine or any of its components without prior written consent from the Seller.

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7. Liability

1. Limitation of Liability:
   The Seller’s liability under this contract is limited to the total purchase price paid by the Buyer for the Live Music Machine. The Seller is not liable for any indirect, incidental, or consequential damages resulting from the use of the Live Music Machine.
2. Indemnification:
   The Buyer agrees to indemnify and hold the Seller harmless from any claims, losses, or damages arising from the Buyer’s use of the Live Music Machine, except as a result of the Seller’s negligence or willful misconduct.

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8. Termination

1. Termination by Buyer:
   The Buyer may terminate this contract if the Seller fails to deliver the Live Music Machine within [X] days of the agreed delivery date.
2. Termination by Seller:
   The Seller may terminate this contract if the Buyer fails to make the required payments or breaches any other term of this contract.
3. Refund:
   If this contract is terminated by the Buyer before the delivery and installation of the system, the deposit may be refunded, subject to a [X]% cancellation fee.

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9. Confidentiality

Both Parties agree to maintain the confidentiality of any proprietary or confidential information shared during the course of this transaction, including business strategies, pricing, and technical information.

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10. Governing Law and Dispute Resolution

1. Governing Law:
   This contract shall be governed by and construed in accordance with the laws of the state of [State], without regard to its conflict of law principles.
2. Dispute Resolution:
   Any disputes arising from or relating to this contract shall be resolved through mediation, and if unresolved, through binding arbitration in [City, State].

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11. Entire Agreement

This Sales Contract constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior or contemporaneous understandings or agreements, whether written or oral.

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12. Signatures

IN WITNESS WHEREOF, the Parties hereto have executed this Sales Contract as of the date first written above.

Seller:
By: ___________________________
Name: [Seller Representative Name]
Title: [Title]
Date: _________________________

Buyer:
By: ___________________________
Name: [Buyer Representative Name]
Title: [Title]
Date: _________________________

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This Sales Contract Template can be customized to reflect specific terms, conditions, and requirements for the sale of the Live Music Machine, ensuring clarity in the transaction and a formal understanding between the seller and the buyer.