Purchase Agreement Template: Free

This Purchase Agreement is made on 3 November 2026 between Oak Hollow Woodworks LLC (the "Seller") and Cedar Bend Cabinets Inc (the "Buyer").

1. Goods. The Seller agrees to sell and the Buyer agrees to buy the following: One used CNC router, ShopBot PRSalpha 96 x 48, serial no. PRS00000, with spindle, dust collector and tooling as listed in the attached inventory, in working condition (the "Goods").

2. Price and payment. The purchase price is USD 18,500.00 (US Dollars Eighteen Thousand Five Hundred Only). The Buyer pays a deposit of USD 3,500.00 (US Dollars Three Thousand Five Hundred Only) on signing, and the balance of USD 15,000.00 (US Dollars Fifteen Thousand Only) by bank transfer before collection.

3. Delivery. The Seller will deliver the Goods on or before 17 November 2026. The Buyer collects the Goods from the Seller's workshop in Austin, Texas, and pays for loading and transport.

4. Inspection. The Buyer may inspect the Goods within 2 business days and must tell the Seller in writing of any fault or shortage within that time, or the Goods are taken as accepted.

5. Title and risk. Ownership of the Goods passes to the Buyer when the full price has been paid. Risk of loss passes to the Buyer on delivery.

6. Condition. The Goods are sold as is, with no warranty of any kind beyond the Seller's statement that it owns the Goods and has the right to sell them free of any lien.

7. Other terms. The Seller will run the machine for the Buyer before collection and provide the operating manuals.

8. General. This agreement is the whole agreement between the parties about the Goods and can be changed only in writing signed by both. It is governed by the law of the State of Texas.