DIY Legal Forms

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Bulk Sales Agreement

Agreement made on [date] by and between [name], whose address is [address] (Transferor), and [name], whose address is [address] (Transferee).

1. Sale of Goods. Transferor will transfer to Transferee all of Transferor's right, title, and interest in and to the goods described on the Schedule of Property attached to [omitted] and made a part of this Agreement. The purchase price is ---------- dollars ($----------), which shall be paid immediately upon the transfer of the goods to Transferee. Transferor will deliver the goods to Transferee's place of business at [address] on [date].

2. Transferor's Creditors. In accordance with the provisions of Article 6 of the Uniform Commercial Code of the State of [state], Transferor will prepare a list of its creditors that it will deliver to Transferee no later than [date]. If Transferee so requires, the list shall be prepared on forms supplied by Transferee. The list shall contain: (a) the names and business addresses of all of Transferor's creditors, whether general or secured; (b) the amounts owed to the creditors; and (c) the names and addresses of those persons who, to Transferor's knowledge, assert claims against Transferor, even though the claims are disputed. Transferor shall sign the list and swear or affirm that it is accurate to the best of Transferor's information and belief.

3. Transferor's Business Names and Addresses. Transferor shall deliver to Transferee together with the List of Creditors a list of all the business names and addresses used by Transferor in the three-year period prior to the date of this Agreement.

IN WITNESS WHEREOF, the parties have signed this Agreement the day and year first above written.

[signature]

Transferor

[signature]

Transferee

*** If Required By State Law ***

This Section for Notary:

ACKNOWLEDGMENT

State of _________

County of ________ [COUNTY]

On [DATE] before me, [NAME OF NOTARY], notary, personally appeared [NAME OF PERSON(S) INVOLVED], personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.

Witness my hand and official seal.

Signature ________
Notary

My commission expires: _____

(Seal)