[{"data":1,"prerenderedAt":527},["ShallowReactive",2],{"document-return-of-product-on-free-trial-D1083":3},{"document":4,"label":24,"preview":11,"thumb":25,"thumb600":26,"description":5,"descriptionCustom":6,"apiDescription":5,"pages":8,"extension":10,"parents":27,"breadcrumb":31,"related":39,"customDescModule":182,"customdescription":6,"mdFm":183,"mdProseHtml":526},{"description":5,"descriptionCustom":6,"label":7,"pages":8,"size":9,"extension":10,"preview":11,"thumb":12,"svgFrame":13,"seoMetadata":14,"parents":16,"keywords":23},"[DATE] [CONTACT NAME] [ADDRESS] [ADDRESS 2] [CITY, STATE/PROVINCE] [ZIP/POSTAL CODE] SUBJECT: RETURN OF PRODUCT ON FREE TRIAL Dear [Contact name], Thank you for the opportunity to sample your [ProducT] on the [NUMBER] day free trial offer",null,"Return of Product on Free 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Approval","/template/return-of-goods-on-approval-D1082","https://templates.business-in-a-box.com/imgs/250px/1082.png",{"label":62,"url":63,"thumb":64,"extension":10},"30-Day Return Policy","/template/30-day-return-policy-D13533","https://templates.business-in-a-box.com/imgs/250px/13533.png",{"label":66,"url":67,"thumb":68,"extension":10},"Free Linking Agreement","/template/free-linking-agreement-D747","https://templates.business-in-a-box.com/imgs/250px/747.png",{"label":70,"url":71,"thumb":72,"extension":10},"Trial Software License Agreement","/template/trial-software-license-agreement-D815","https://templates.business-in-a-box.com/imgs/250px/815.png",{"label":74,"url":75,"thumb":76,"extension":10},"Rejected Goods Return Instructions","/template/rejected-goods-return-instructions-D1120","https://templates.business-in-a-box.com/imgs/250px/1120.png",{"label":78,"url":79,"thumb":80,"extension":10},"Return 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NAME] (the \"Lessee\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] WITNESSETH that in consideration of the mutual covenants and agreements to be performed and kept during the terms hereof and of any renewal, the Lessor and the Lessee covenant and agree as follows: LEASE The Lessor hereby leases to the Lessee and the Lessee hereby leases from the Lessor the equipment described in [SPECIFY SCHEDULE] and in all other Schedules which may hereafter be executed by the [COMPANY NAME] for the purpose of adding equipment thereto, which equipment including all original and replacement items, parts, accessories, and additions relating thereto is hereafter called the \"Equipment\". EQUIPMENT DESCRIPTION The Lessee authorizes the Lessor to complete the description of the Equipment in [SPECIFY SCHEDULE] with the insertion of serial numbers and other details specifically identifying the Equipment, such schedule to be signed by both parties hereto and form part of this Lease. WARRANTIES BY LESSEE & LESSOR The Lessee and Lessor each represents and warrants that it has the power to enter into this lease, and that this lease is properly and lawfully authorized and executed by it. LESSOR'S WARRANTIES Lessor and Lessee acknowledge that there are no other warranties, conditions, terms, representations of inducements expressed or implied statutory or otherwise, save as are expressly contained in this lease. Lessor warrants that the equipment shall be delivered to the Lessee in accordance with the specifications contained in [SPECIFY SCHEDULE]. The Lessor makes no representations with respect to the suitability of the equipment to the Lessee's operations. Lessor's warranties shall not extend to any party assigned this Lease by Lessor pursuant to Clause [NUMBER] herein. WARRANTIES BY MANUFACTURERS Any warranties, conditions or guarantees by the manufacturers or suppliers of the Equipment are theirs alone and not the Lessor's but are for the joint and several benefit of and enforcement by the Lessee and the Lessor. Any claims of the Lessee in connection with manufacturer's warranties, conditions or guarantees shall be made directly by the Lessor (but not Lessor's assignee) on behalf of the Lessee against the manufacturer or supplier only. TITLE The Lessor covenants that it has good titles to the Equipment and the Lessee acknowledges the Lessor's ownership of and title to the Equipment and covenants to defend the same against any contrary claim. TERM The term of this lease with respect to each piece of Equipment shall commence on the date of acceptance thereof by the Lessee in accordance with Clause [NUMBER] herein and shall continue for the term specified in [SPECIFY SCHEDULE] hereto. Rental payments with respect to each piece of Equipment shall commence and accrue due to the Lessor on such date of acceptance of such piece of Equipment by the Lessee. POSSESSION, LOCATION The Lessee shall take and, when not in default hereunder, retain exclusive control of the Equipment from the Lessee's location shown on [SPECIFY SCHEDULE]. The Lessee shall not change such location without the Lessor's prior written consent, which will not be unreasonably withheld. PERSONAL PROPERTY, LANDLORD'S DISTRESS The Equipment is and shall remain personal and moveable property. The Lessee shall not affix the Equipment nor permit it to be affixed so that it becomes part of realty and shall notify the Lessee's, Landlords, mortgagees, insurers and all others who may have an interest in or claim against the premises where the Equipment is to be located. Any removal from such premises shall be at the Lessee's risk and expense. IDENTIFICATION PLATES The Lessor may affix plates, tags or markings to the Equipment showing its interest therein, and the Lessee may display its name and such other information as may reasonably promote its business, such Lessee's markings shall be mutually approved by the parties. All Lessee's markings must be removed by the Lessee upon termination of the lease. ORDER, DELIVERY, INSTALLATION Order and delivery and installations of the Equipment shall be entirely at the Lessor's risk and expense and shall be arranged by the Lessor on behalf of the Lessee in a manner and upon terms and conditions according to the Lessee's written instructions and, to the extent of such instructions are not provided for, according to the Lessor's sole discretion but still at the Lessor's risk and expense. The Lessor shall not be responsible for any costs, losses or damages suffered by the Lessee arising out of or in connection with delays in or refusal to accept delivery of equipment. INSPECTION The Lessee shall inspect the equipment prior to delivery and accept or reject it. Notice of rejections shall be received in writing within [NUMBER] hours by the Lessor and in the absence thereof, the Lessee shall be deemed conclusively to have accepted the Equipment. Rejection shall only occur if the equipment is not in accordance with the specifications contained in [SPECIFY SCHEDULE] or as the result of faulty materials or workmanship. RE-DELIVERY, REMOVAL AT TERMINATION Upon termination of this lease for any reason, the Lessee shall deliver the Equipment entirely at its own expense to an address as designated by the Lessor in the same condition as received, reasonable wear and tear from proper use only accepted, within [NUMBER] days of the date of termination. Brakes and tires will show no more than [PERCENTAGE %] wear for each year of the Lease has elapsed and the trailers must have all signage and customer specified paint removed and returned to a white color. All damages from accident and abuse must be repaired prior to the termination of the Lease in a manner approved by the Lessor. RENT: OTHER PAYMENTS: NO SET-OFF The Lessee shall pay to the Lessor rental in the amount and at the times shown in Schedule \"A\" hereto. The Lessee shall pay to the Lessor on demand all other amounts becoming payable hereunder. The Lessee shall make such payments to the Lessor at the address of the Lessor shown above or as otherwise designated by the Lessor, without any set-off or reduction whatsoever for claims the Lessee may assert against the Lessor. Any payment not paid by the due date shall bear interest thereafter at [PERCENTAGE %] per month. UNCONDITIONAL PAYMENT Lessee's obligation to pay rent and other amounts hereunder shall be absolute and unconditional under all circumstances and without limiting the generality of the foregoing, shall not be affected by the following: Failure of the Equipment to perform in the manner expected by the Lessee. Damage to or destruction of the Equipment so that it is either completely beyond repair or partially so and whether or not it is economically justifiable to repair. Theft of the Equipment or part thereof irrespective of whether the Equipment was insured by the Lessee or the Equipment is uninsured. Seizure of the Equipment by a third party (including landlord or mortgages of the premises on which the Equipment is located). USE: MAINTENANCE: REPAIR The Lessee shall comply with all applicable laws, rules and regulations of government or other authority, with all manufacturer's and Lessor's published operation and maintenance instructions and specifications, and with all terms of any insurance policy in connection with the Equipment. The Lessor may inspect the state of repair of the Equipment at any reasonable time. ALTERATIONS ETC. TO EQUIPMENT","Equipment Lease Agreement","7",71,"https://templates.business-in-a-box.com/imgs/1000px/equipment-lease-agreement-D1140.png","https://templates.business-in-a-box.com/imgs/250px/1140.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#1140.xml",{"title":6,"description":6},[99,101],{"label":18,"url":100},"production-operations",{"label":102,"url":103},"Equipment Agreement","equipment-agreement","equipment lease agreement","/template/equipment-lease-agreement-D1140",{"description":107,"descriptionCustom":6,"label":108,"pages":109,"size":110,"extension":10,"preview":111,"thumb":112,"svgFrame":113,"seoMetadata":114,"parents":115,"keywords":119,"url":120},"CONSIGNMENT AGREEMENT This Consignment Agreement (the \"Agreement\") is made and effective the [Date] BETWEEN: [YOUR COMPANY NAME] (the \"Principal\"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [RECIPIENT NAME] (the \"Consignee\"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] In consideration of the terms and covenants of this agreement, and other valuable consideration, the parties agree as follows: RECITALS The parties recite and declare: Principal conducts a manufacturing business described as follows: [describe]. Principal desires to arrange for the sale and distribution of its merchandise throughout [territory]. Consignee has agreed to undertake the marketing of principal's merchandise on the terms set forth in this agreement. EXCLUSIVE APPOINTMENT Consignee shall have the exclusive right to sell and distribute principal's merchandise throughout [territory] during the term of this agreement. DELIVERY OF MERCHANDISE Principal shall deliver to consignee such quantity of its merchandise that consignee requires for sale from [his or her or its] place of business at [street address], [city], [state/province], [country]. Principal shall pay all freight and shipping charges. Consignee shall be responsible for any loss of or damage to merchandise while it is under [his or her] control. SALE OF MERCHANDISE Consignee shall devote [his or her] best efforts to the sale and distribution of principal's merchandise throughout the territory referred to above. All sales made by consignee shall be for cash. Credit sales may be made by consignee on written authority only, and on terms which principal may approve prior to such sales. All sales prices shall be fixed by principal. Consignee shall not sell principal's merchandise at less than the authorized prices, which prices will be reflected in price schedules that will be furnished to consignee from time to time. MONTHLY STATEMENTS; COMPENSATION Consignee shall furnish principal with monthly statements indicating all sales transactions during the preceding month and the extent of current inventory. Such statements shall be received by principal no later than the [specify] day of each month. With the monthly statement, consignee shall remit to principal all monies received by [him or her] from the sale of goods, [if appropriate, add: together with signed receipts or bills of lading for credit sales]. As soon as practicable after the [specify] day of each month, principal shall render a written statement to consignee showing sales during the preceding month, and shall remit to consignee net commissions for such sales in accordance with the commission schedule set forth in Exhibit A, which is attached to this agreement. MANAGEMENT OF CONSIGNEE'S BUSINESS Consignee shall have entire charge of the management and operation of [his or her] business; [he or she] shall furnish all equipment and vehicles, and hire and pay the wages of all assistants and employees required for the operation of [his or her] business. Principal reserves no supervision or control over consignee in the facilities, employees, and methods to be used and employed by consignee in carrying out the purposes of this agreement, and shall in no event be responsible for negligence of consignee or consignee's employees. TITLE TO MERCHANDISE Consigned merchandise shall remain the property of principal until sold in the regular course of business, except that consignee shall be responsible for all shortages of stock. EMPLOYEE BENEFIT PAYMENTS","Consignment Agreement","4",53,"https://templates.business-in-a-box.com/imgs/1000px/consignment-agreement-D867.png","https://templates.business-in-a-box.com/imgs/250px/867.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#867.xml",{"title":6,"description":6},[116,118],{"label":34,"url":117},"business-legal-agreements",{"label":34,"url":117},"consignment agreement","/template/consignment-agreement-D867",{"description":122,"descriptionCustom":6,"label":123,"pages":124,"size":125,"extension":10,"preview":126,"thumb":127,"svgFrame":128,"seoMetadata":129,"parents":130,"keywords":133,"url":134},"SUPPLY AGREEMENT This Supply Agreement (the \"Agreement\") is effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the \"Supplier\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [SECOND PARTY NAME] (the \"Purchaser\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] WITNESSETH: WHEREAS [YOUR COMPANY NAME] currently supplies and distributes [SPECIFY] (the \"Product\"); WHEREAS [YOUR COMPANY NAME], for the price and subject to the terms and conditions contained herein, is prepared to sell and deliver to the Purchaser, on an ongoing basis and as its exclusive supplier, and the Purchaser is prepared to buy on this basis from [YOUR COMPANY NAME], all of the Purchaser's Product requirements; NOW, THEREFORE, IN CONSIDERATION OF THE MUTUAL COVENANTS AND AGREEMENTS HERETO CONTAINED AND FOR OTHER GOOD AND VALUABLE CONSIDERATION, DULY RECEIVED, THE PARTIES HERETO AGREE AS FOLLOWS: 1. DEFINITIONS AND INTERPRETATION 1.1 Whenever used in this Agreement, the schedules thereto, or any ancillary document thereto, the following terms, unless the subject matter or context otherwise requires, shall have the following meanings: 1.1.1 \"Agreement\" means or refers to this Agreement as amended from time to time and any indenture, agreement or instrument supplemental or ancillary hereto or in implementation hereof; 1.1.2 \"Business Day\" means any day excluding Saturday, Sunday and any other day which in [STATE/PROVINCE], [COUNTRY] is a legal holiday or a day on which financial institutions are authorized by law or by local proclamation to close; 1.1.3 \"Person\" means any individual, company, corporation, partnership, firm, trust, sole proprietorship, government or entity howsoever designated or constituted; and 1.1.4 \"Product\" means or refers to [SPECIFY] sold pursuant to this Agreement. 1.2 Words importing the singular number include the plural and vice versa and words importing the masculine gender include the feminine and neuter genders. 1.3 The division of this Agreement into articles and insertion of headings is for convenience and reference only and shall not affect the construction or interpretation of this Agreement. 1.4 All dollar amounts referred to in this Agreement are in lawful money of [COUNTRY]. 1.5 The preamble hereto forms an integral part of this Agreement. 2. SALE AND PURCHASE OF PRODUCTS [YOUR COMPANY NAME] hereby agrees and undertakes to sell to the Purchaser, and the Purchaser agrees and undertakes to purchase from [YOUR COMPANY NAME], for the price and subject to the terms and conditions contained herein, the total requirements of Product needed by the Purchaser for its day-to-day manufacturing and distributing activities during the term of this Agreement. At the date of signing of the present Agreement, the Purchaser estimates its requirements for the current year at $[AMOUNT] of Product. 3. ORDERS AND DELIVERY OF PRODUCTS 3.1 Each order for Products purchased pursuant to this Agreement shall be in writing and shall be sent to the address of the party selling the Products by mail or by fax or in such other manner expressly agreed upon between the interested parties. 3.2 Unless otherwise expressly agreed upon between the parties or as provided in Section 4, the party selling the Products shall be responsible and shall pay for the delivery, to the other party at its address hereinabove mentioned, of such Products sold hereunder. 3.3 Unless otherwise expressly agreed upon between the parties, delivery of the Products purchased hereunder shall be completed within seven Business Days of the receipt, by the party selling the Products, of the written order for such Products. 3.4 In the event that a party fails to deliver any Products requested in an order within the period provided in subsection 3.3 hereinabove, the purchasing party shall be entitled to purchase, from any person, a quantity of Products equal to quantity of Products specified in such order. In such a case, the purchasing party shall be entitled to cancel the order for the Products specified in the order. The purchasing party shall, at the same time an order is made to an other person pursuant to this subsection, send to the other party, a copy of such order indicating the quantity and the price of the Products so purchased. 3.5 The title to the Products sold hereunder shall pass from the selling party to the purchasing party upon complete payment of the purchase price of the Products mentioned in Section 4 hereinafter. The risks of lost or damage to such Products sold hereunder shall pass from the selling party to the purchasing party at the date of the delivery of the Products. 3.6 Each party shall insure the Products purchased by it hereunder for the period starting on the date of receipt of the Products and terminating when complete payment for such Products is made and, upon request, shall provide the other party with the documents evidencing that the Products are so insured. 4. PRICE OF PRODUCTS 4.1 For the initial term of this Agreement stipulated in sub-section 6.1 hereinafter, the price of the Product sold by [YOUR COMPANY NAME] to the Purchaser hereunder shall be [SPECIFY PRICING SCHEME]. 4.2 The prices of the Products sold pursuant to this Agreement during any subsequent term provided for in sub-section 6.1 hereinafter shall be mutually agreed upon by the parties hereunder. 4.3 The prices of the Products determined pursuant to this section 4 shall be delivered prices and shall be increased by the amount of any taxes or other governmental charges payable with respect to the sale of the Products (other than income tax, business or real property taxes) now in effect or becoming effective after the date thereof. 5. TERMS OF PAYMENT 5.1 Each party shall pay to the other party at its address hereinabove mentioned, within [NUMBER] calendar days from the date of receipt of the Products purchased, the price for such Products as determined pursuant to section 4 hereinabove. 5.2 The price of the Products purchased hereunder will be discounted by [PERCENTAGE %] if complete payment for the Products is made within [NUMBER] calendar days of receipt by the purchasing party. 5.3 The Purchaser agrees to pay a monthly interest charge on overdue amounts for Products purchased hereunder calculated on the basis of an annual rate of interest equal to the prime rate in effect on the due date of payment, plus [PERCENTAGE % IN LETTERS] percent (PERCENTAGE %]). 6. TERM OF AGREEMENT 6.1 Subject to the provisions of sub-sections 6.2 to 6.4 hereinafter, this Agreement shall be in force for an initial term of one year commencing on the date of signature. This Agreement shall be automatically renewed for additional [NUMBER IN LETTERS] ([NUMBER]) year terms unless either party terminates it upon written notice given to the other party at least [NUMBER] calendar days prior to the end of the initial term or of any subsequent terms. 6.2 Notwithstanding the provisions of sub-section 6.1, this Agreement shall be automatically terminated in the event that the parties hereto fail to agree in writing, at the latest on the thirtieth day preceding the beginning of any subsequent term, on the price for the Products to be sold hereunder during such subsequent term as provided for in sub-section 4.3 hereinabove. 6.3 Notwithstanding the provisions of sub-section 6.1 and in addition to Section 6","Supply Agreement","6",62,"https://templates.business-in-a-box.com/imgs/1000px/supply-agreement-D918.png","https://templates.business-in-a-box.com/imgs/250px/918.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#918.xml",{"title":6,"description":6},[131,132],{"label":34,"url":117},{"label":34,"url":117},"supply agreement","/template/supply-agreement-D918",{"description":136,"descriptionCustom":6,"label":137,"pages":138,"size":9,"extension":10,"preview":139,"thumb":140,"svgFrame":141,"seoMetadata":142,"parents":144,"keywords":143,"url":149},"Asset Purchase Agreement Your transaction description here. Table of Content 1. INTERPRETATION 5 1.1. Definitions 5 1.2. Extended Meanings 8 1.3. Interpretation Not Affected by Headings 8 1.4. Applicable Law 8 1.5. Funds 8 1.6. Financial Documents 8 1.7. Invalidity 9 1.8. Business Day 9 1.9. Preamble 9 2 PURCHASED ASSETS 9 2.1. Purchased Assets 9 2.2. Excluded Assets 10 2.3. Leases and Retention of Ownership Agreements 11 2.4. Removal of Purchased Assets 11 2.5. Forward Commitments 11 2.6. Assets Used in the Business 11 3. PURCHASE AND SALE 11 3.1. Purchase Price 11 3.2. Default 12 3.3. Balance of Price 12 3.4. Allocation of the Purchase Price 12 3.5. No Assumption of Liabilities 12 3.6. Payment of Taxes 13 3.7. Adjustments 13 3.8. Net Worth Adjustment 13 3.9. Disagreement Regarding Adjustment of Purchase Price 13 3.10. Escrow of Purchase Price 13 4. CLOSINGS AND CONDITIONS PRECEDENT TO THE SALE 14 4.1. Closing Date 14 4.2. Conditions Precedent to Closing in Favor of the Purchaser 14 4.3. Conditions Precedent to Closing in Favor of the Seller 17 4.4. Risk of Loss 17 4.5. Notification 18 5. REPRESENTATIONS AND WARRANTIES OF THE SELLER AND THE PURCHASER 18 5.1. Representations and Warranties of Seller 18 5.2. Representations and Warranties of the Purchaser 28 5.3. Survival 29 5.4. Indemnification of the Purchaser 29 5.5. Warranty Work 29 6. EMPLOYEES 30 6.1. List of Non-Unionized Employees 30 6.2. Employment to Non-Unionized Employees 30 6.3. Claims by Non-Unionized Employees 30 6.4. Pension Plan for Employees 30 6.5. Assumption of Collective Agreement 31 6.6. List of Unionized Employees 31 6.7. Offers to Unionized Employees 31 6.8. Short Term and Long-Term Disability 32 6.9. Benefit Plans 32 7. MUTUAL COOPERATION 32 7.1. Conduct of Business Prior to Closing 32 7.2. Access for Investigation Prior to Closing 32 7.3. Actions to Satisfy Closing Conditions 33 7.4. Transfer of Purchased Assets 33 7.5. Assistance in Judicial Claims 34 7.6. Collection of Receivables 34 7.7. Accounts Receivable 34 7.8. Differentiation of Products 35 8. MISCELLANEOUS 35 8.1. Successors and Assigns 35 8.2. Brokers 35 8.3. Legal Fees 35 8.4. Public Announcement 35 8.5. Entire Agreement 35 8.6. Notices 36 8.7. Time of Essence 36 8.8. Counterparts 36 9. GUARANTEE 36 9.1. Intervention of the Guarantor 36 9.2. Indulgence 37 9.3. Disability of Purchaser 37 ASSET PURCHASE AGREEMENT This Asset Purchase Agreement (the \"Agreement\") is effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the \"Purchaser\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [FIRST PART] (the \"Company\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] AND: [SECOND PART] (the \"Seller\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] WHEREAS the Seller carries on the business of [NUMBER] WHEREAS the Seller has agreed to sell, and the Purchaser has agreed to purchase certain assets relating to the Business upon the terms and conditions set forth in this Agreement. NOW, THEREFORE, IN CONSIDERATION OF THE MUTUAL COVENANTS AND AGREEMENTS HEREIN CONTAINED AND OTHER GOOD AND VALUABLE CONSIDERATION, THE [COMPANY NAME] HERETO AGREE AS FOLLOWS: INTERPRETATION Definitions Unless the subject matter or context otherwise requires: \"Affiliate\" has the meaning ascribed to the term \"affiliated corporations\" in the [COUNTRY Business Corporations Act]. \"Associate\" has the meaning ascribed to the term \"associate\" in the [COUNTRY Business Corporations Act]. \"Balance of Price\" has the meaning ascribed thereto in Section 3.1.2. \"Books and Records\" means any books and records (originals or copies thereof) of Seller relating exclusively to the Business including, without limitation, books and records relating to the purchase materials and supplies, the manufacture, assembly and processing of products, sales of products, dealings with customers and franchises, invoices, customer lists, mailing lists, suppliers lists, trademarks and trade names, financial records, personnel records (to the extent permitted by law) and taxes (excluding Seller's income tax and other tax records unrelated to the Business). \"Business Day\" means any day excluding Saturday, Sunday and any other day which in [STATE/PROVINCE], [COUNTRY] is a legal holiday or a day on which financial institutions are authorized by law or by local proclamation to close. \"Claims\" means any demand, action, cause of action, damage, loss, cost, liability, expense or requirements, governmental or otherwise, including the cost of legal representation in respect thereof and any interest or penalty arising in connection therewith. \"Closing\" means the completion of the sale to and purchase by the Purchaser of the Purchased Assets under this Agreement by the transfer and delivery of documents of title thereto and the payment of the Purchase Price therefore in accordance with this Agreement. \"Closing Date\" has the meaning ascribed thereto at Section 4.1. \"Collective Agreement\" has the meaning ascribed thereto at Section 5.1.15. \"Employees\" has the meaning ascribed thereto at Section 5.1.15. \"Excluded Assets\" has the meaning ascribed thereto at Section 2.2. \"Goodwill\" has the meaning ascribed thereto in Subsection 2.1.12. \"Immovables\" has the meaning ascribed thereto in Subsection 2.1.4. \"Financial Statements\" means: the audited financial statements of the Seller relating to its Business for the fiscal periods ended [NUMBER] through [NUMBER] inclusive, consisting of a balance sheet, statements of income and retained earnings, statement of profits and losses, changes in financial position, auditor(s)' report and notes thereto; and the unaudited interim financial statements of the Seller relating to its Business for the interim fiscal period ended [NUMBER], consisting of a balance sheet, statements of income and retained earnings, statement of profits and losses, changes in financial position, auditor(s)' report and notes thereto; true and exact copies of which are attached as Schedule 1.1a) hereto. \"Inventories\" means any product held for sale by the Seller and any materials (including components, spare parts, raw materials, work-in-process, finished products, packaging), held by the Seller in connection with the manufacturing, processing, assembly and sale of products, whether or not located on the Seller's premises, on consignment to a third party or in possession of sub-contractors, in transit or in storage. \"Letter of Credit\" means the irrevocable letter of credit issued by the [Bank] to the Seller in the amount of [AMOUNT]. \"Liabilities\" means all the liabilities, debts and obligations of the Seller whether present or future, whether pertaining to the Business, the Purchased Assets or otherwise, including, without limiting the generality of the foregoing: Liabilities under any service, management or other contract entered into by the Seller; Liabilities under any plans, programs or arrangements of any kind with respect to benefits provided to each person employed by the Seller at the Closing Date; Any Liabilities for any accidents, breach of contract, delict and quasi-delict, occupational health and safety violations, and all other types of claims and lawsuits connected with or arising out of any matter, incident, occurrence of set of facts or circumstances prior to the Closing Date; Liabilities relating to defects of any product sold at any time by the Seller prior to the Closing Date;","Purchase Agreement","37","https://templates.business-in-a-box.com/imgs/1000px/purchase-agreement-D12670.png","https://templates.business-in-a-box.com/imgs/250px/12670.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#12670.xml",{"title":143,"description":6},"purchase agreement",[145,146],{"label":34,"url":117},{"label":147,"url":148},"Purchase & Sale Agreements","purchase-sale-agreement","/template/purchase-agreement-D12670",{"description":151,"descriptionCustom":6,"label":152,"pages":153,"size":9,"extension":10,"preview":154,"thumb":155,"svgFrame":156,"seoMetadata":157,"parents":159,"keywords":158,"url":164},"NON-DISCLOSURE AGREEMENT (NDA) This Non-Disclosure Agreement (the \"Agreement\") is made and effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the \"Disclosing Party\"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [RECEIVING PARTY NAME] (the \"Receiving Party\"), an individual with his main address located at OR a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] WHEREAS, Receiving Party has been or will be engaged in the performance of work on [DESCRIBE]; and in connection therewith will be given access to certain confidential and proprietary information; and WHEREAS, Receiving Party and Disclosing Party wish to evidence by this Agreement the manner in which said confidential and proprietary material will be treated. NOW, THEREFORE, it is agreed as follows: NON-DISCLOSURE OF CONFIDENTIAL INFORMATION Both Parties understand and agree that each Party may have access to the confidential information of the other party. For the purposes of this Agreement, \"Confidential Information\" means proprietary and confidential information about the Disclosing Party's (or it's suppliers') business or activities. Such information includes all business, financial, technical, and other information marked or designated by such Party as \"confidential\" or \"proprietary.\" Confidential Information also includes information which, by the nature of the circumstances surrounding the disclosure, ought in good faith to be treated as confidential. For the purposes of this Agreement, Confidential Information does not include: Information that is currently in the public domain or that enters the public domain after the signing of this Agreement. Information a Party lawfully receives from a third Party without restriction on disclosure and without breach of a non-disclosure obligation. Information that the Receiving Party knew prior to receiving any Confidential Information from the Disclosing Party. Information that the Receiving Party independently develops without reliance on any Confidential Information from the Disclosing Party. Each Party agrees that it will not disclose to any third Party or use any Confidential Information disclosed to it by the other Party except when expressly permitted in writing by the other Party. Each Party also agrees that it will take all reasonable measures to maintain the confidentiality of all Confidential Information of the other Party in its possession or control. TERM The term of this Agreement is [number] of [years/months] from the date of execution by both Parties. TITLE The Receiving Party agrees that all Confidential Information furnished by the Disclosing Party shall remain the sole property of the Disclosing Party. DISCLAIMER","Non Disclosure Agreement Nda","3","https://templates.business-in-a-box.com/imgs/1000px/non-disclosure-agreement-nda-D12692.png","https://templates.business-in-a-box.com/imgs/250px/12692.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#12692.xml",{"title":158,"description":6},"non disclosure agreement nda",[160,161],{"label":34,"url":117},{"label":162,"url":163},"Confidentiality Agreements","confidentiality-agreement","/template/non-disclosure-agreement-nda-D12692",{"description":166,"descriptionCustom":6,"label":167,"pages":8,"size":168,"extension":10,"preview":169,"thumb":170,"svgFrame":171,"seoMetadata":172,"parents":173,"keywords":180,"url":181},"BILL OF SALE This Bill of Sale (the \"Agreement\") is made and effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the \"Seller\") , a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [BUYER NAME] (the \"Buyer\"), an individual with his main address located at OR a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] For good and valuable consideration, the Seller hereby sells and transfers possession of the following goods in their present condition and location to the Buyer, and its successors and assigns forever, the following described goods [DETAILED LIST OF GOODS]. Seller warrants and represents that he/she has good title to said property, full authority to sell and transfer same and that said goods and chattels are being sold free and clear of all liens, encumbrances, liabilities and adverse claims, of every nature and description.","Bill of Sale",29,"https://templates.business-in-a-box.com/imgs/1000px/bill-of-sale-D1229.png","https://templates.business-in-a-box.com/imgs/250px/1229.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#1229.xml",{"title":6,"description":6},[174,177],{"label":175,"url":176},"Sales & Marketing","sales-marketing",{"label":178,"url":179},"Marketing & Sales Contracts","marketing-sales-contracts","bill sale","/template/bill-of-sale-D1229",false,{"seo":184,"reviewer":196,"legal_disclaimer":200,"quick_facts":201,"at_a_glance":203,"personas":207,"variants":232,"glossary":259,"clauses":293,"how_to_fill":344,"common_mistakes":385,"faqs":410,"industries":438,"comparisons":455,"diy_vs_lawyer":469,"jurisdictions":482,"related_template_ids_curated":503,"schema":514,"classification":515},{"meta_title":185,"meta_description":186,"primary_keyword":187,"secondary_keywords":188},"Return Of Product On Free Trial Template (Free Word)","Free return of product on free trial template. Covers trial period, return conditions, product condition, liability limits, and ownership transfer. Free Word and PDF download.","return of product on free trial template",[189,190,191,192,193,194,195],"free trial return agreement template","product trial return form","free trial agreement template","product loan agreement template","trial period return policy template","free trial contract template word","product return on trial agreement",{"name":197,"credential":198,"reviewed_date":199},"Bruno Goulet","CEO, Business in a Box","2026-05-02",true,{"difficulty":202,"legal_review_recommended":200,"signature_required":200,"notarization_required":182},"medium",{"what_it_is":204,"when_you_need_it":205,"whats_inside":206},"A Return of Product on Free Trial is a legally binding agreement between a supplier and a prospective customer that governs the loan of physical goods for a defined evaluation period, with the expectation that the product will be returned unless a purchase is completed. This free Word download gives you a structured, enforceable template covering trial duration, permitted use, condition requirements, liability, and return logistics — ready to edit online and export as PDF.\n","Use it whenever you place physical goods — equipment, devices, software appliances, or consumer products — with a prospect for a no-obligation trial period. It is especially important when the product has significant monetary value, requires careful handling, or must be returned in resalable condition.\n","Parties and product description, trial period and extension terms, permitted use restrictions, condition and care obligations, insurance and liability allocation, return logistics and deadlines, purchase option, and governing law — all in a single 4–6 page document.\n",[208,212,216,220,224,228],{"title":209,"use_case":210,"icon_asset_id":211},"Equipment suppliers and distributors","Loaning machinery or devices to prospects for a 30-day evaluation","persona-supplier",{"title":213,"use_case":214,"icon_asset_id":215},"Technology hardware companies","Placing servers, scanners, or peripherals with enterprise clients for piloting","persona-tech-hardware",{"title":217,"use_case":218,"icon_asset_id":219},"Medical device manufacturers","Placing diagnostic or treatment equipment in clinics for trial use","persona-medical-device",{"title":221,"use_case":222,"icon_asset_id":223},"Consumer electronics retailers","Offering in-home product trials under a structured return obligation","persona-retailer",{"title":225,"use_case":226,"icon_asset_id":227},"Industrial equipment rental companies","Providing trial use of high-value tools before a lease or purchase decision","persona-industrial-supplier",{"title":229,"use_case":230,"icon_asset_id":231},"Software hardware appliance vendors","Deploying on-premise hardware appliances for evaluation in client environments","persona-saas-vendor",[233,236,240,244,248,251,255],{"situation":234,"recommended_template":7,"slug":235},"Trialing physical goods with an option to purchase at the end","return-of-product-on-free-trial-D1083",{"situation":237,"recommended_template":238,"slug":239},"Loaning high-value equipment with insurance and indemnity requirements","Equipment Loan Agreement","equipment-loan-agreement-D12843",{"situation":241,"recommended_template":242,"slug":243},"Providing software on a time-limited evaluation license","Software Trial License Agreement","trial-software-license-agreement-D815",{"situation":245,"recommended_template":246,"slug":247},"Renting equipment for a defined period with payment obligations","Equipment Rental Agreement","equipment-lease-agreement-D1140",{"situation":249,"recommended_template":108,"slug":250},"Placing goods with a consignee for sale on your behalf","consignment-agreement-D867",{"situation":252,"recommended_template":253,"slug":254},"Selling goods with a contractual right of return if unsatisfied","Sale or Return Agreement","purchase-and-sale-agreement-D13884",{"situation":256,"recommended_template":257,"slug":258},"Supplying goods on a subscription basis with cancellation and return terms","Product Supply Agreement","product-supply-agreement-D1250",[260,263,266,269,272,275,278,281,284,287,290],{"term":261,"definition":262},"Trial Period","The defined window of time during which the prospective buyer may evaluate the product before deciding to purchase or return it.",{"term":264,"definition":265},"Bailor / Bailee","The bailor is the party who delivers property for safekeeping or use; the bailee is the party who receives and is responsible for it — here, the supplier and the trialist respectively.",{"term":267,"definition":268},"Bailment","A legal relationship in which one party temporarily transfers possession — but not ownership — of property to another, with the obligation to return it.",{"term":270,"definition":271},"Condition Report","A documented record of the product's state at the time of delivery and return, used to establish whether damage occurred during the trial.",{"term":273,"definition":274},"Title","Legal ownership of the product. Under a free trial agreement, title remains with the supplier until a purchase is completed or explicitly transferred.",{"term":276,"definition":277},"Purchase Option","A contractual right — but not obligation — for the trialist to buy the product at an agreed price before or upon expiry of the trial period.",{"term":279,"definition":280},"Indemnification","A contractual obligation by one party to compensate the other for specified losses, damages, or legal costs arising from defined events.",{"term":282,"definition":283},"Force Majeure","A clause excusing a party's performance obligations when extraordinary events beyond their control — natural disasters, war, government action — make performance impossible.",{"term":285,"definition":286},"Permitted Use","The specific purposes and locations for which the trialist is authorized to use the product during the trial period; any use outside these limits is a breach.",{"term":288,"definition":289},"Replacement Cost","The cost to replace the product at current market prices if it is lost, stolen, or damaged beyond repair during the trial period.",{"term":291,"definition":292},"Risk of Loss","The contractual allocation of which party bears financial responsibility if the product is damaged, destroyed, or lost during the trial.",[294,299,304,309,314,319,324,329,334,339],{"name":295,"plain_english":296,"sample_language":297,"common_mistake":298},"Parties and product description","Identifies the supplier and the trialist as legal entities and describes the product — including model, serial number, and quantity — with enough specificity to prevent disputes about which goods are covered.","This Agreement is entered into between [SUPPLIER LEGAL NAME] ('Supplier') and [TRIALIST LEGAL NAME] ('Trialist'). Supplier agrees to deliver to Trialist the following product(s) for evaluation: [PRODUCT NAME], Model [MODEL NUMBER], Serial No. [SERIAL NUMBER], Qty [QUANTITY] ('Product').","Using a trade name or informal description instead of model and serial number. Without a precise identifier, disputes about product condition or identity at return are almost impossible to resolve.",{"name":300,"plain_english":301,"sample_language":302,"common_mistake":303},"Trial period and extension","States the start date, end date, and duration of the trial, and specifies whether and how the period may be extended by mutual written agreement.","The trial period commences on [START DATE] and expires on [END DATE] ('Trial Period'). The Trial Period may be extended only by written agreement signed by both parties prior to the original expiry date. No extension shall be implied by continued possession.","Omitting language that continued possession after the trial end date does not create an implied extension. Without it, a trialist who keeps the product past the deadline may claim an extended trial is in force.",{"name":305,"plain_english":306,"sample_language":307,"common_mistake":308},"Delivery and condition at handover","Documents the product's condition at the time of delivery, requires both parties to sign a condition report, and establishes the baseline against which any damage at return will be assessed.","Supplier shall deliver the Product to Trialist at [DELIVERY ADDRESS] on or before [DELIVERY DATE]. Both parties shall execute a Condition Report (Schedule A) at delivery confirming the Product's condition. Absence of a signed Condition Report shall not be construed as evidence that the Product was delivered in perfect condition.","Skipping the condition report at delivery and relying on the trialist's memory or a verbal description. Without a signed baseline, the trialist can dispute every damage claim at return.",{"name":310,"plain_english":311,"sample_language":312,"common_mistake":313},"Permitted use and care obligations","Restricts use of the product to agreed purposes and locations, requires the trialist to operate it according to manufacturer guidelines, and prohibits modification, sub-lending, or use by unauthorized personnel.","Trialist shall use the Product solely for [PERMITTED PURPOSE] at [PERMITTED LOCATION]. Trialist shall not modify, alter, sub-loan, or permit unauthorized third parties to use the Product. Trialist shall follow all manufacturer operating instructions and maintain the Product in good working order.","Leaving 'permitted use' undefined so the trialist can argue any use was authorized. Specificity here directly limits the supplier's liability exposure if the product is damaged through misuse.",{"name":315,"plain_english":316,"sample_language":317,"common_mistake":318},"Title and risk of loss","Confirms that legal title to the product remains with the supplier throughout the trial period and allocates the risk of accidental loss, theft, or damage to the trialist from the moment of delivery.","Title to the Product shall remain with Supplier at all times until a purchase is completed pursuant to Clause [X]. Risk of loss, theft, or damage to the Product passes to Trialist upon delivery and remains with Trialist until the Product is received back by Supplier in accordance with this Agreement.","Failing to separate title from risk of loss. If the contract is silent, courts may apply default bailment rules that place loss risk on the supplier — exposing the supplier to uninsured losses.",{"name":320,"plain_english":321,"sample_language":322,"common_mistake":323},"Insurance obligations","Requires the trialist to maintain adequate insurance covering loss or damage to the product during the trial period and to name the supplier as an additional insured or loss payee where applicable.","Trialist shall, at its own expense, maintain insurance covering the Product against loss, theft, and accidental damage for not less than [REPLACEMENT COST VALUE] during the Trial Period, naming Supplier as loss payee. Trialist shall provide evidence of such insurance upon request.","Not requiring insurance at all for high-value products. If the product is lost or destroyed and the trialist lacks assets to cover replacement cost, the supplier has no practical remedy.",{"name":325,"plain_english":326,"sample_language":327,"common_mistake":328},"Return obligations and condition","States the deadline, method, and address for return, specifies that the product must be returned in the same condition as delivered (normal wear and tear excepted), and establishes what happens if the trialist fails to return on time.","If Trialist does not exercise the purchase option by [PURCHASE DEADLINE], Trialist shall return the Product to Supplier at [RETURN ADDRESS] by [RETURN DEADLINE], in the same condition as recorded in Schedule A, normal wear and tear excepted. Failure to return by the deadline shall entitle Supplier to invoice Trialist for the full Replacement Cost of $[AMOUNT].","No financial consequence for failure to return on time. Without a stated replacement-cost trigger or daily penalty, the supplier has no practical leverage to compel return of an overdue product.",{"name":330,"plain_english":331,"sample_language":332,"common_mistake":333},"Purchase option","Grants the trialist an option to purchase the product at a specified price before or on the expiry date, and states how the option is exercised — typically by written notice and payment.","Trialist may elect to purchase the Product for [PURCHASE PRICE] by delivering written notice to Supplier and remitting full payment by [PURCHASE DEADLINE]. Upon receipt of full payment, title shall transfer to Trialist and this Agreement shall terminate.","Not specifying a purchase price or stating it is 'to be agreed.' An undefined price means the option is not a binding option at all — it is merely an invitation to negotiate.",{"name":335,"plain_english":336,"sample_language":337,"common_mistake":338},"Indemnification and liability","Requires the trialist to indemnify the supplier against losses arising from the trialist's use, misuse, or negligence during the trial, and limits the supplier's liability to the value of the product.","Trialist shall indemnify and hold harmless Supplier from any claims, losses, or expenses arising from Trialist's use or misuse of the Product during the Trial Period. Supplier's total liability under this Agreement shall not exceed the Replacement Cost of the Product.","No liability cap for the supplier. Without one, a trialist who suffers a consequential loss — e.g., business interruption due to a defective product — could claim damages far exceeding the product's value.",{"name":340,"plain_english":341,"sample_language":342,"common_mistake":343},"Governing law and dispute resolution","Specifies which jurisdiction's law governs the agreement and how disputes are resolved — typically through negotiation, then mediation or arbitration before litigation.","This Agreement is governed by the laws of [STATE / PROVINCE / COUNTRY]. Any dispute not resolved by good-faith negotiation within 30 days shall be referred to binding arbitration administered by [ARBITRATION BODY] in [CITY], except that Supplier may seek injunctive relief in any court of competent jurisdiction to recover the Product.","No governing law clause at all. When supplier and trialist are in different jurisdictions, the absence of a choice-of-law provision can lead to costly conflicts-of-law disputes before the substance of any claim is even addressed.",[345,350,355,360,365,370,375,380],{"step":346,"title":347,"description":348,"tip":349},1,"Enter the parties' legal names and contact details","Use each party's full registered legal entity name — not a trade name or individual's name if a company is involved. Include addresses, email contacts, and any relevant company registration numbers.","Cross-check the trialist's legal name against a business registry before execution. A misidentified entity makes the contract unenforceable against the correct party.",{"step":351,"title":352,"description":353,"tip":354},2,"Describe the product precisely","Enter the product name, manufacturer, model number, serial number, and quantity. If delivering multiple units, list each one separately in a Schedule A rather than grouping them.","Photograph the product alongside its serial number plate at delivery and attach the image to the signed condition report — this eliminates identity disputes at return.",{"step":356,"title":357,"description":358,"tip":359},3,"Set the trial period start date, end date, and extension terms","Enter specific calendar dates rather than durations ('30 days from delivery') wherever possible. Specify whether extensions require written consent from both parties and that no extension is implied by silence.","Build in a calendar reminder one week before the trial end date so you can proactively confirm the trialist's decision before the deadline passes.",{"step":361,"title":362,"description":363,"tip":364},4,"Define permitted use and delivery location","Specify the exact purpose the trialist may use the product for and the address where it will be held. Prohibit sub-lending, modification, and use by personnel who have not been briefed on the operating instructions.","For regulated products — medical devices, food-contact equipment, hazardous machinery — add a line confirming the trialist holds all necessary permits and licenses for the permitted use.",{"step":366,"title":367,"description":368,"tip":369},5,"Set the replacement cost and insurance requirement","Enter the product's current replacement cost in the contract body and in Schedule A. Require the trialist to produce a certificate of insurance before the product is handed over.","Do not accept a trialist's verbal assurance that they have insurance. Request the certificate before delivery and confirm the coverage limit equals or exceeds the stated replacement cost.",{"step":371,"title":372,"description":373,"tip":374},6,"State the return deadline and financial consequences","Enter the return date, return address, and shipping method. Specify the replacement-cost amount that becomes invoiceable if the product is not returned on time or is returned damaged beyond normal wear and tear.","Require the trialist to notify you in writing at least 5 business days before the return date so you can arrange inspection and receipt — this prevents last-minute disputes.",{"step":376,"title":377,"description":378,"tip":379},7,"Complete the purchase option clause","Enter the purchase price, the deadline for exercising the option, the payment method, and the mechanism by which title transfers — typically written notice plus full payment cleared in your account.","If you have not yet agreed on a final price, do not leave the field blank — use 'to be separately agreed in writing' and attach a separate pricing schedule at the time of signing.",{"step":381,"title":382,"description":383,"tip":384},8,"Sign the agreement and condition report before delivery","Both parties must sign the main agreement and the Schedule A condition report before the product leaves the supplier's premises. Retain one fully executed copy each and attach it to your CRM or sales record for the prospect.","Use a timestamped e-signature platform so the execution record is available if a dispute goes to arbitration or litigation months later.",[386,390,394,398,402,406],{"mistake":387,"why_it_matters":388,"fix":389},"No condition report at delivery","Without a signed baseline record of the product's state, any damage claim at return becomes a credibility contest. The trialist can argue every scratch was pre-existing.","Require both parties to sign a condition report — with photographs — before the product leaves the supplier's hands. Attach it to the agreement as Schedule A.",{"mistake":391,"why_it_matters":392,"fix":393},"Undefined or open-ended trial period","A trial period stated as 'reasonable' or left blank gives the trialist indefinite possession, making it practically impossible to compel return without litigation.","State specific calendar dates for the start, end, and return deadline. Add explicit language that continued possession after the end date does not constitute an extension.",{"mistake":395,"why_it_matters":396,"fix":397},"No replacement-cost consequence for non-return","If there is no financial trigger for failing to return the product, the trialist faces no practical consequence for keeping it indefinitely — leaving the supplier with only a breach-of-contract claim to recover a physical asset.","State the replacement cost in the contract body and specify that it becomes immediately invoiceable if the product is not returned by the deadline or is returned in a condition below what the condition report recorded.",{"mistake":399,"why_it_matters":400,"fix":401},"Omitting the governing law clause","When supplier and trialist are based in different states or countries, the absence of a choice-of-law clause can result in protracted disputes about which court and which law applies before the substance of the claim is addressed.","Always name the governing jurisdiction — ideally the supplier's home jurisdiction — and specify the dispute resolution mechanism, including whether the supplier may seek injunctive relief to recover the physical product.",{"mistake":403,"why_it_matters":404,"fix":405},"Vague permitted-use language","Broad or undefined permitted use means the trialist can argue that any use — including uses that caused damage or created regulatory liability — was authorized under the agreement.","Specify the permitted purpose, the permitted location, and the authorized users. Add a line prohibiting modification, sub-lending, and use outside those parameters.",{"mistake":407,"why_it_matters":408,"fix":409},"No insurance requirement for high-value products","If the product is lost, stolen, or destroyed and the trialist lacks sufficient assets to cover replacement cost, the supplier has no practical remedy beyond an unsecured breach-of-contract claim.","Require the trialist to produce a certificate of insurance naming the supplier as loss payee before delivery, with coverage equal to or exceeding the replacement cost of the product.",[411,414,417,420,423,426,429,432,435],{"question":412,"answer":413},"What is a return of product on free trial agreement?","A return of product on free trial agreement is a legally binding contract under which a supplier places physical goods with a prospective buyer for a defined evaluation period, with the obligation to return the product unless a purchase is completed. It establishes a bailment relationship — the supplier retains title and the trialist takes on responsibility for the product's care and return. The document protects both parties by documenting the product's condition at delivery, the trial period, the return deadline, and any purchase option.\n",{"question":415,"answer":416},"Who needs a return of product on free trial agreement?","Any business that places physical goods with a prospect for evaluation needs this agreement — particularly when the product has significant monetary value. Common users include equipment suppliers, medical device companies, technology hardware vendors, industrial machinery distributors, and consumer electronics retailers. Without a written agreement, the supplier has limited legal recourse if the product is damaged, not returned, or misused during the trial.\n",{"question":418,"answer":419},"Is a free trial agreement legally binding?","Yes — a properly executed free trial agreement is generally enforceable as a contract in most jurisdictions, provided it contains the essential elements of offer, acceptance, and consideration. The trialist's acceptance of the product and assumption of care obligations constitutes consideration. Courts typically enforce the return obligation, the condition requirement, and any stated replacement-cost consequence for non-return, provided the terms are clear and the agreement was signed before delivery.\n",{"question":421,"answer":422},"What happens if the trialist does not return the product on time?","If the agreement includes a replacement-cost clause — which it should — the supplier can immediately invoice the trialist for the stated replacement amount. The supplier may also pursue a claim for conversion (wrongful retention of another's property) in addition to breach of contract. In jurisdictions that permit it, the supplier can seek an injunction to compel return of the specific asset. Without a written agreement, the supplier's remedies are significantly narrower and harder to enforce.\n",{"question":424,"answer":425},"Does title to the product transfer to the trialist during the trial?","No. Under a properly drafted free trial agreement, title remains with the supplier throughout the trial period. Only possession transfers to the trialist. This is the defining characteristic of a bailment. Title transfers to the trialist only if they exercise the purchase option and complete full payment. Keeping title and risk of loss separate — so that the trialist bears the risk of accidental damage even though they do not own the product — is one of the most important functions of this agreement.\n",{"question":427,"answer":428},"What is the difference between a free trial agreement and a rental agreement?","A free trial agreement places a product with a prospective buyer for evaluation at no charge, with an obligation to return or purchase. A rental agreement charges the user a periodic fee for temporary use, without any expectation of purchase. Free trial agreements create a bailment for mutual benefit; rental agreements create a commercial transaction from day one. The liability and insurance obligations in a rental agreement are typically more structured because the commercial relationship is more sustained.\n",{"question":430,"answer":431},"Should I require insurance from the trialist?","Yes, for any product with a replacement cost above approximately $500. Require the trialist to obtain and maintain insurance covering loss, theft, and accidental damage equal to at least the replacement cost of the product, and to name you as loss payee or additional insured. Request a certificate of insurance before delivery, not after. Without this, your practical remedy if the product is destroyed or stolen is limited to an unsecured breach-of-contract claim against the trialist's available assets.\n",{"question":433,"answer":434},"Can a free trial agreement include a purchase option?","Yes, and in most commercial contexts it should. A purchase option clause specifies the price at which the trialist may acquire the product before or on the trial expiry date, how the option is exercised (typically written notice plus payment), and the mechanism for title transfer. The purchase price should be stated as a specific amount — not left open for future negotiation — or the option clause may be found unenforceable for lack of certainty.\n",{"question":436,"answer":437},"Do I need a lawyer to draft a free trial agreement?","For low-value products with straightforward terms, a well-structured template is typically sufficient. Engage a lawyer when the product has high replacement value (above $10,000), when the trialist is in a different jurisdiction with different property or consumer protection laws, when the product is regulated (medical devices, food-contact equipment, firearms), or when the trialist is a government or institutional buyer with standard contract modification requirements. A one-hour template review typically costs $150–$350 and is worth it for any trial with material financial exposure.\n",[439,443,447,451],{"industry":440,"icon_asset_id":441,"specifics":442},"Medical devices and healthcare equipment","industry-healthtech","Regulatory compliance obligations (FDA, CE mark), infection-control and decontamination return requirements, and strict documentation of who used the device during the trial period.",{"industry":444,"icon_asset_id":445,"specifics":446},"Technology and IT hardware","industry-saas","Data security obligations for devices that may store or access sensitive data during the trial, software license deactivation at return, and firmware version documentation in the condition report.",{"industry":448,"icon_asset_id":449,"specifics":450},"Industrial and construction equipment","industry-construction","High replacement values require explicit insurance minimums, operator certification requirements for permitted use, and detailed condition reports covering wear-and-tear benchmarks.",{"industry":452,"icon_asset_id":453,"specifics":454},"Consumer electronics and retail","industry-retail","Consumer protection law compliance in applicable jurisdictions, repackaging and resalability condition standards, and clear language distinguishing a free trial from a statutory cooling-off right.",[456,459,462,465],{"vs":246,"vs_template_id":457,"summary":458},"equipment-rental-agreement-D13298","An equipment rental agreement governs paid, periodic use of physical goods with no expectation of purchase. A return of product on free trial agreement places goods with a prospect at no charge for evaluation, with a return or purchase obligation at the end of the trial period. Rental agreements typically have more detailed payment, maintenance, and renewal terms because the commercial relationship is ongoing from the outset.",{"vs":108,"vs_template_id":460,"summary":461},"consignment-agreement-D12742","A consignment agreement places goods with a third party to sell on the supplier's behalf, with the unsold balance returned. A free trial agreement places goods with a prospective end-user for personal or business evaluation, not for resale. The parties, purpose, and downstream obligations are fundamentally different — consignees earn a commission; trialists evaluate for their own use.",{"vs":123,"vs_template_id":463,"summary":464},"supply-agreement-D12738","A supply agreement governs recurring commercial sales of goods between supplier and buyer, including pricing, delivery schedules, and quality standards. A return of product on free trial agreement is a pre-purchase evaluation instrument — no sale has occurred yet and title has not transferred. The supply agreement takes over once the purchase decision is made.",{"vs":466,"vs_template_id":467,"summary":468},"Product Purchase Agreement","D{PRODUCT_PURCHASE_AGREEMENT_ID}","A product purchase agreement transfers title and ownership in exchange for payment. A return of product on free trial agreement explicitly retains title with the supplier and creates a bailment, not a sale. If the trialist exercises the purchase option, a separate bill of sale or purchase agreement should confirm the title transfer — the free trial agreement alone is not a sale document.",{"use_template":470,"template_plus_review":474,"custom_drafted":478},{"best_for":471,"cost":472,"time":473},"Suppliers placing standard products with domestic prospects where replacement cost is below $5,000","Free","15–30 minutes",{"best_for":475,"cost":476,"time":477},"High-value equipment trials, cross-border placements, or regulated product categories","$150–$400 for a one-hour legal review","1–2 days",{"best_for":479,"cost":480,"time":481},"Medical devices, government or institutional trialists, or products requiring bespoke indemnity and insurance structures","$800–$2,500+","1–2 weeks",[483,488,493,498],{"code":484,"name":485,"flag_asset_id":486,"note":487},"us","United States","flag-us","Free trial arrangements are governed by Article 2 of the Uniform Commercial Code (UCC) in most states, which classifies them as bailments rather than sales. Risk-of-loss allocation should be explicitly stated because UCC defaults differ depending on whether the bailee is a merchant. State consumer protection statutes — particularly in California — may impose additional disclosure obligations if the trialist is a natural person. Non-return of a bailed product may constitute conversion, giving the supplier both civil and, in some states, criminal remedies.",{"code":489,"name":490,"flag_asset_id":491,"note":492},"ca","Canada","flag-ca","Bailment law in Canada is grounded in common law across most provinces, with Quebec governed by the Civil Code (dépôt and prêt à usage provisions). The standard of care expected of the bailee varies by whether the bailment benefits both parties — here it does, so both standard and gross negligence may be actionable. Consumer Protection Acts in Ontario, British Columbia, and Quebec impose mandatory disclosure requirements if the trialist is a consumer rather than a business. French-language contract requirements apply to Quebec business-to-consumer arrangements.",{"code":494,"name":495,"flag_asset_id":496,"note":497},"uk","United Kingdom","flag-uk","Free trial agreements in the UK are treated as gratuitous bailments or bailments for reward depending on the commercial context. The Supply of Goods and Services Act 1982 and the Consumer Rights Act 2015 apply where the trialist is a consumer, imposing implied terms about product quality and the supplier's right to transfer possession. Post-Brexit, Northern Ireland has distinct rules for goods crossing the Irish Sea. The contract should specify whether the Contracts (Rights of Third Parties) Act 1999 is excluded.",{"code":499,"name":500,"flag_asset_id":501,"note":502},"eu","European Union","flag-eu","EU member states treat product trial arrangements under national contract and property law, with significant variation — France uses the prêt à usage framework under the Civil Code; Germany applies Leihe provisions under the BGB. The EU Consumer Rights Directive provides consumers with withdrawal rights that may apply even to free trial arrangements, depending on how they are structured and marketed. GDPR considerations arise if the product collects or transmits personal data during the trial period, requiring a data processing addendum in such cases.",[247,250,504,505,506,507,508,509,510,511,512,513],"supply-agreement-D918","purchase-agreement-D12670","non-disclosure-agreement-nda-D12692","bill-of-sale-D1229","warranty-and-guarantee-policy-D13800","independent-contractor-agreement-D160","letter-of-intent_acquisition-of-business-D5197","sales-invoice-D383","credit-note-D13639","service-agreement-D12711",{"emit_how_to":200,"emit_defined_term":200},{"primary_folder":117,"secondary_folder":516,"document_type":517,"industry":518,"business_stage":519,"tags":520,"confidence":525},"sales-and-purchase","agreement","general","all-stages",[521,522,523,524],"legal","free-trial","product-return","sales-agreement",0.92,"\u003Ch2>What is a Return of Product on Free Trial Agreement?\u003C/h2>\n\u003Cp>A \u003Cstrong>Return of Product on Free Trial\u003C/strong> is a legally binding contract under which a supplier places physical goods with a prospective buyer for a defined evaluation period, retaining legal title throughout, with the expectation that the product will be returned in its original condition unless the trialist elects to purchase it. The agreement creates a formal bailment relationship — transferring possession but not ownership — and documents the product's condition at delivery, the permitted use, the return deadline, and the financial consequences of non-return or damage. It is distinct from a sale, a rental, or a consignment, and courts in most jurisdictions enforce its terms as a standard commercial contract once both parties have signed.\u003C/p>\n\u003Ch2>Why You Need This Document\u003C/h2>\n\u003Cp>Placing goods with a prospect without a written agreement is one of the most avoidable sources of commercial loss for product-based businesses. Without a signed return agreement, you have no enforceable record of the product's condition at delivery, no documented return deadline, and no financial trigger if the trialist keeps the product indefinitely or returns it damaged. A prospect who has unsigned possession of your equipment faces no practical consequence for delay, misuse, or failure to return — leaving you with only an informal claim and no evidence to support it. A properly executed Return of Product on Free Trial agreement changes that balance entirely: it gives you a condition baseline to enforce damage claims, a specific return date to demand compliance, and a replacement-cost clause that makes non-return immediately costly. For high-value goods, regulated products, or cross-border placements, this template — reviewed by a lawyer where the stakes warrant it — is the minimum documentation standard for protecting your inventory and your commercial relationships.\u003C/p>\n",1781185912800]