Free Simple Trade Agreement

This Trade Agreement ("Agreement") is entered into as of the 1st day of January, 2054, by and between [YOUR COMPANY NAME], a corporation registered under the laws of the United States, with its principal office located at [YOUR COMPANY ADDRESS] ("Seller"), and BeansBee, a corporation registered under the laws of the United States, with its principal office located at Nashville, TN 37201 ("Buyer"). The parties agree as follows:

I. DEFINITIONS

1. Seller: The party providing the goods and/or services as described in this Agreement.

2. Buyer: The party purchasing the goods and/or services as described in this Agreement.

3. Goods: The items or products being sold under this Agreement, as specified in Exhibit A.

4. Purchase Price: The amount to be paid by Buyer for the Goods, as set forth in Exhibit B.

II. SALE OF GOODS

1. Goods Provided: Seller agrees to sell and Buyer agrees to purchase the Goods described in Exhibit A attached hereto.

2. Quantity: The quantity of Goods is set forth in Exhibit A.

3. Specifications: The Goods shall conform to the specifications outlined in Exhibit A.

III. PRICE AND PAYMENT TERMS

1. Purchase Price: The total price for the Goods shall be as specified in Exhibit B.

2. Payment Terms: Buyer shall pay the Purchase Price in the following manner:

   • A deposit of 20% upon execution of this Agreement.

   • The balance shall be paid within 30 days after the Goods have been delivered, unless otherwise agreed.

3. Currency: Payments shall be made in U.S. Dollars (USD).

IV. DELIVERY

1. Delivery Terms: Delivery shall be made by Seller to Buyer at Nashville, TN 37201.

2. Delivery Date: Seller agrees to deliver the Goods on or before March 15, 2054.

3. Shipping Costs: Shipping costs will be borne by Buyer.

4. Risk of Loss: The risk of loss or damage to the Goods shall pass to Buyer upon delivery.

V. WARRANTY

1. Warranty: Seller warrants that the Goods are free from defects in materials and workmanship for a period of 12 months from the date of delivery.

2. Remedies: In the event of a defect, Seller shall, at its option, either repair or replace the defective Goods at no additional cost to Buyer.

VI. INSPECTION AND ACCEPTANCE

1. Inspection: Upon receipt of the Goods, Buyer shall inspect them within 7 days.

2. Acceptance: If Buyer does not notify Seller of any defects within the inspection period, the Goods shall be deemed accepted.

VII. TERMINATION

1. Termination for Cause: Either party may terminate this Agreement upon written notice to the other party if the other party breaches any material provision of this Agreement and fails to cure such breach within 30 days after receiving notice of such breach.

2. Termination for Convenience: Either party may terminate this Agreement for any reason with 60 days’ notice to the other party.

VIII. CONFIDENTIALITY

1. Confidential Information: Both parties agree to keep confidential any proprietary or confidential information shared during the term of this Agreement.

2. Exclusions: Confidentiality obligations shall not apply to information that is publicly known or required to be disclosed by law.

IX. INDEMNIFICATION

1. Indemnification by Seller: Seller agrees to indemnify and hold Buyer harmless from any claims, damages, or liabilities arising from the use of the Goods provided under this Agreement.

2. Indemnification by Buyer: Buyer agrees to indemnify and hold Seller harmless from any claims, damages, or liabilities arising from the use of the Goods after delivery.

X. LIMITATION OF LIABILITY

Seller’s liability for any claim arising under this Agreement shall not exceed the total Purchase Price paid by Buyer for the Goods, except in cases of gross negligence or willful misconduct.

XI. GOVERNING LAW AND DISPUTE RESOLUTION

1. Governing Law: This Agreement shall be governed by and construed in accordance with the laws of the United States of America.

2. Dispute Resolution: Any disputes arising out of or in connection with this Agreement shall be resolved through arbitration in Nashville, Tennessee.

XII. MISCELLANEOUS

1. Force Majeure: Neither party shall be liable for failure or delay in performance due to causes beyond their reasonable control, including but not limited to acts of God, war, or labor strikes.

2. Entire Agreement: This Agreement, including all exhibits, constitutes the entire agreement between the parties and supersedes all prior agreements or understandings.

3. Amendments: This Agreement may be amended only by a written document signed by both parties.

4. Assignment: Neither party may assign or transfer their rights or obligations under this Agreement without the prior written consent of the other party.

XIII. SIGNATURES

IN WITNESS WHEREOF, the parties hereto have executed this Trade Agreement as of the date first written above.

[YOUR NAME], CEO
[YOUR COMPANY NAME]
Date: January 1, 2054

Porter Hoppe, Purchasing Manager
BeansBee
Date: January 1, 2054

EXHIBIT A: DESCRIPTION OF GOODS
EXHIBIT B: PRICE SCHEDULE AND PAYMENT TERMS

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