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Small Business Purchase Agreement
"I need a Small Business Purchase Agreement for buying industrial kitchen equipment worth CHF 50,000 from a supplier in Zurich, with delivery required by March 2025 and installation services included."
1. Parties: Identification of the seller and buyer with full legal names, registration numbers, and addresses as per Swiss Commercial Registry requirements
2. Background: Context of the transaction and brief description of the business relationship
3. Definitions: Key terms used throughout the agreement, including specific Swiss legal terminology where relevant
4. Subject Matter of Sale: Detailed description of the goods or assets being purchased
5. Purchase Price: Price, payment terms, and VAT considerations in accordance with Swiss tax regulations
6. Delivery Terms: Timing, location, and conditions of delivery, including risk transfer provisions
7. Warranties and Representations: Standard warranties under Swiss law and any additional warranties regarding the goods
8. Inspection and Acceptance: Process and timeframe for inspection and acceptance of goods as per Swiss Code of Obligations
9. Defects and Remedies: Rights and procedures regarding defective goods under Swiss law
10. Term and Termination: Duration of the agreement and conditions for termination
11. Governing Law and Jurisdiction: Explicit reference to Swiss law and designation of competent Swiss courts
12. Signatures: Execution block for authorized representatives of both parties
1. Intellectual Property Rights: Required when the purchase involves software, branded goods, or IP-protected items
2. Confidentiality: Needed when sensitive business information is exchanged during the transaction
3. Insurance: Relevant when specific insurance coverage is required for high-value or high-risk goods
4. Force Majeure: Important for long-term supply agreements or when dealing with international suppliers
5. Competition Restrictions: Required when the agreement includes non-compete or territorial restrictions
6. Assignment: Needed when transfer rights need to be specifically addressed
7. Data Protection: Required when personal data processing is involved in the transaction
1. Schedule 1: Product Specifications: Detailed technical specifications of the goods being purchased
2. Schedule 2: Price List: Detailed breakdown of prices for multiple items or volume-based pricing
3. Schedule 3: Delivery Schedule: Detailed delivery timelines and locations for multiple deliveries
4. Schedule 4: Quality Requirements: Specific quality standards and testing procedures
5. Appendix A: Form of Acceptance Certificate: Template for formal acceptance of delivered goods
6. Appendix B: Warranty Claim Procedure: Detailed process for submitting and handling warranty claims
Authors
Retail
Manufacturing
Wholesale Trade
Professional Services
Technology
Food and Beverage
Industrial Equipment
Consumer Goods
Electronics
Automotive
Healthcare Supplies
Office Equipment
Construction Materials
Legal
Procurement
Operations
Finance
Supply Chain
Commercial
Compliance
Administration
Contract Management
Procurement Manager
Business Owner
Operations Director
Commercial Manager
Legal Counsel
Supply Chain Manager
Finance Director
Contract Administrator
Purchasing Officer
Small Business Owner
General Manager
Company Secretary
Compliance Officer
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