Sales Contract Agreement

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Sales Contract
Agreement

Gaming Equipment Annual Statement

  1. Invoices: The total amount due and terms for payment are defined on all Worldwide Gaming sales invoices. A description of the sale of all involved equipment will be stated on each sales invoice issued by Worldwide Gaming and this contract will proceed accordingly.
  2. Delivery: Buyer will make delivery arrangements in compliance with the Johnson Act, 15 USC 1171 et seq. of the equipment from Seller's dock. Title and acceptance to the equipment shall occur at Seller's dock. Any risk of loss passes to Buyer at the point where Buyer takes possession of the involved equipment. Buyer shall be responsible for all shipping and handling cost. Additional labor and material cost involved for preparation in shipping or added expenses incurred are the responsibility of the Buyer. Worldwide Gaming reserves the right to submit Shipper's Letter of Instructions, Shippers Export Declaration form and Commercial Invoice to Freight Forwarder.
  3. NO WARRANTY: THE PARTIES AGREE AND ACKNOWLEDGE THAT THE EQUIPMENT IS BEING SOLD "AS IS" PARTS COMPLETE AND WORKING AT TIME OF SALE. ALL WARRANTIES, WHETHER EXPRESS, IMPLIED, OR STATUTORY, INCLUDING THE WARRANTY OF MERCHANTABILITY OR WARRANTY OF FITNESS FOR A PARTICULAR PURPOSE, ARE EXPRESSLY EXCLUDED. SELLER MAKES NO WARRANTIES AND DISCLAIMS ANY AND ALL WARRANTIES OF ANY KIND WHATSOEVER REGARDING THE EQUIPMENT. In no event shall Seller be liable to Buyer for any loss or damage, including but not limited to direct damages, indirect, and special or consequential damages, loss of profit from the purchase of related equipment stated on sales invoice, attorney's fees, court cost or cost of repair.
  4. SALE FINAL: BOTH PARTIES ACKNOWLEDGE THAT SALE OF THE EQUIPMENT IS FINAL. Under no circumstances shall Seller be required to refund any of the consideration paid herein.
  5. Entire Agreement: This agreement, and the attachments hereto: Worldwide Gaming Inc. Sales Invoice, Gaming Equipment Annual Statement, Gaming Device Movement Sheet and Bill of Sale, (Shipper's Commercial Invoice, and Shipper's Export Declaration Form, when applicable), contains the entire agreement between the parties, and supersedes all prior understandings, any and all verbal agreements or arrangements between the parties with respect to the subject matter of this agreement. The parties agree that no misrepresentations contained herein have been made or implied to the contrary.
  6. Amendment Procedure: This Sales Contract Agreement expressly prohibits any amendments to the terms and conditions of this Agreement unless expressly assented to, in writing, by Seller.
  7. Transfer Fees, Duties, if any: Government Duty Fees, Custom Import Charges, or Government Tax when applied, is the responsibility of the Buyer.