Care to Barter?
DEFINITION: Bartering is the exchanging of one commodity for another and teaches traders to apportion their quantities without loss.
Join Group to Exchange Ideas:
Group home page: http://groups.yahoo.com/group/BucksBartering
Group email address: BucksBartering@yahoogroups.com
View Sample Agreement:
Name of "Offeror"(Entity initiating barter
offer):____________________________________________________________
Address:___________________________________________ City/State/
Zip:_____________________________________
Contact Name:_______________________________________
Title:___________________________________________
Phone:___________________________Fax:_____________________________E-
Mail:____________________________
WHAT DO YOU ("OFFEROR") OFFER FOR BARTER?
Describe product(s) and/or
service(s):____________________________________________________________________
Condition - If applicable: ( ) New ( ) Used Price: $___________________
If offering service(s), is this a flat rate or an hourly rate?_________________________
If hourly rate, how many hours are your offering?_____________________________
Applicable State Tax (to be paid separately):_________________________________
If offering products:
•Manufacturer:___________________ Year:_________ Delivery Method (if applicable):________________________
•Model #:_____________________________________ Who will pay for delivery?
____________________________
•Serial #:_____________________________________
How much is the monetary value of your bid to "Offeree" for barter?
____________________________________________
Does your bid exceed the price of your item and/or service? ( ) YES ( ) NO If so, how will you pay the remainder?
____________________________________________________________________
WHAT DO YOU ("OFFEROR") REQUEST OF "OFFEREE" (ENTITY ACCEPTING BARTER OFFER)?
What product(s) and/or service(s) do you wish to obtain from your bartering partner?
_______________________________
____________________________________________________________________________
_______________________
Describe item(s) and/or service(s) in more detail to obtain a quote:______________________________________________
Delivery Method (if applicable):__________________________ Who will pay for delivery?
_________________________
This agreement is between ___________________________ and
_________________________, who jointly agree to be
bound by the following terms and conditions when bartering products and/or services as outlined above.
1.It is understood by both parties that completion and submission of this form by "Offeree" to "Offeror" represents
the intent of "Offeree" to enter into a legally binding contract. Upon acceptance of the product(s) and/or service(s)
within the bid amount of "Offeror", "Offeree" agrees to submit payment for product(s) and/or services via barter
and other means (check, money order or credit card), as arranged. Each party agrees to inform the other of all
anticipated fees before commencement of any exchange of product(s) and/or services.
2.Both parties attest that they are freely/legally entering into this agreement and will abide by its directives and requirements.
3.Both parties will adhere to the price set by each as final. Both parties attest that the pricing for product(s) and/or
service(s) represents fair market value, to the best of their knowledge, within that industry.
4.Both parties represent and warrant that the product(s) and/or service(s) offered for barter can legally be sold by
them and their assigned agents or dealers and have full power to make this agreement. They also represent and
warrant that the product(s) and/or service(s) do not infringe upon any statutory copyright or upon any common law
rights, proprietary rights or any other rights whatsoever.
5.Each party shall indemnify, defend and hold harmless the other, its officers, trustees, agents assigns, and
employees, from and against any and all claims, demands, suits, losses, liabilities and costs, including attorneys' fees,
arising out of any alleged breach of the foregoing warranties or any alleged violation of copyright or other property rights.
6.Both parties agree to adhere to the delivery schedule as set by the parties. They further agree to deliver product(s)
and/or service(s) in good condition.
7.Both parties attest that all information included on this contract is true, to the best of their knowledge.
8.If a party opts to terminate the barter arrangement, that party agrees to compensate the other party fairly for any
product(s) and/or service(s) provided to date of termination notice.
"OFFEROR" • CONTACT NAME SIGNATURE DATE_________________________________
"OFFEREE" • CONTACT NAME SIGNATURE DATE__________________________________
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---- WITNESSES AND/OR NOTARIZATION MAY BE REQUIRED -----