Equipment purchase contract is commenced between the seller of equipments and an interested buyer for buying equipments. Such a contract is based on the commitments, payment terms, equipment specifications and official covenants. Equipment purchase contract can be commenced on the international and national level.

Sample Equipment Purchase Contract:

Purchase contract number An: 345/ EPC

Date: December 26th, 2010

This Equipment lease contract is produced between Rainbow Equipment Manufactures Pvt. Ltd, Address: Plot No: 5, Industrial Area- A, New York, America, hereinafter known as the seller party.

AND

Greenwood Companies Pvt. Ltd, Address: Office Number: 13, Ambary Valleys, Paterson Road, New York, America, hereinafter referred as the buyer party.

Specification of the equipments required:

Name: Cutting machines, welding machines

Quantity: 20 each

Condition: New

Estimated delivery date: within 20 days

This contract is effective from December 26th, 2010

Term & conditions for the equipment purchase contract:

Obligations of the Seller party:

After full payment the free insurance and nominee documents will be transferred to the buyer party.

Responsibility of the buyer party:

The buyer party will be responsible for maintaining the equipments and collecting the spare parts from the seller company which are under warranty.

Payment Terms:

Mode of payment: cash

Amount to be paid for all ordered equipments: $ 68000

Amount paid as advance: $ 4000

Final Amount to be made: $64000

The buyer party will pay the pending payment on the date of delivery.

Acceptance of the equipment purchase contract:

Signature of the seller party:

Jade Watson

Signature of the buyer party:

Jane Gordon

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