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Domain Transaction Agreement
FOX MEDIA LAB >TechDomainSales.com Domain Transactions Agreement
THIS DOMAIN ASSET TRAFFIC AGREEMENT, made as of the ____ day of ____________ 20__, by and among Fox Media Lab for TechDomainSales.Com, WebWaterfronts.com, or other third party (hereinafter collectively known as “Seller”) and _________________________________ (hereinafter collectively known as “Buyer”). Buyer and Seller shall collectively be known herein as “the Parties”. Background WHEREAS, Seller desires to sell various Domain Asset(s), known herein as the “Acquired Asset(s)”, under the terms and conditions set forth below; WHEREAS, Buyer desires to purchase the Domain Asset(s) offered for sale by the Seller under the terms and conditions set forth below; and IN CONSIDERATION of the mutual promises and other valuable considerations exchanged by the Parties as set forth herein, the Parties hereby agree as follows: 1. Description of Domain Asset(s) a. Acquired Domain Asset(s). As used in this agreement, the term “Acquired Asset(s)” shall mean the Asset(s) of the Seller listed immediately below that are being purchased by Buyer under this agreement: a. _________________.______ ______________.______ (additional – list on 4th page w/Initials & Dt). b. Exclusion of other Asset(s) of Seller. Buyer is purchasing no Asset(s) of Seller other than the Acquired Asset (s) pursuant to this agreement and, therefore, under this agreement Buyer acquires no ownership in any Asset(s) of Seller other than those known herein as the Acquired Asset(s). 2. Consideration a. Purchase Price. The total purchase price (including the value of any liabilities or debts of Seller assumed by Buyer under this agreement) to be paid by Buyer to Seller for the Acquired Asset(s) is $____________ (hereinafter “Purchase Price”). b. Liabilities. Buyer shall not assume nor have any responsibility with respect to any obligation or debt of Seller. 3. Representations and Warranties. The Acquired Asset is sold "AS IS, WHERE IS, WITH ALL FAULTS." There are NO EXPRESS WARRANTIES made by Seller except as contained herein, and no agent or employee of the Seller has any authority to make an express warranty. SELLER MAKES NO IMPLIED WARRANTIES, BY OPERATION OF LAW OR OTHERWISE, INCLUDING, BUT NOT LIMITED TO, WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. Seller makes no warranties, representations or guarantees of any sort, nature or kind to Buyer. 4. Integration. This agreement, which may include any attachments mentioned in the body as incorporated by reference, sets forth the entire agreement between the Parties with regard to the subject matter hereof. All prior agreements, representations and warranties, express or implied, oral or written, with respect to the subject matter hereof, are hereby superseded by this agreement. This is an integrated agreement. 5. Severability. In the event any provision of this Agreement is deemed to be void, invalid, or unenforceable, that provision shall be severed from the remainder of this Agreement so as not to cause the invalidity or unenforceability of the remainder of this Agreement. All remaining provisions of this Agreement shall continue in full force and effect. If any provision shall be deemed invalid due to its scope or breadth, such provision shall be deemed valid to the extent of the scope and breadth permitted by law. 6. Acknowledgements. Each party acknowledges that he or she has had an adequate opportunity to read and study this Agreement, to consider it, to counsel with attorneys if he or she has desired. 7. Indemnity. Buyer agrees to indemnify, defend and hold Seller, its employees, agents and representatives harmless from and against any and all losses, costs, expenses, demands, claims, judgments or liability including, without limitation, costs, expenses, claims, or liability arising out of, resulting from, or in any way connected with the Acquire Asset(s). In addition, Buyer agrees to secure the above indemnification in favor of Seller from any party who subsequently purchases the Acquire Asset(s) from Buyer. Buyer also agrees to require any subsequent purchaser to include the above provision in any other sale of the Acquire Asset. Buyer agrees to assume all risks, costs, losses and expenses incurred by Seller arising out of or resulting from Buyer's failure to secure such an indemnification. 8. Modification. Except as otherwise provided in this document, this agreement may be modified, superseded, or voided only upon the written and signed agreement of the Parties. Further, the physical destruction or loss of this document shall not be construed as a modification or termination of the agreement contained herein. IN WITNESS WHEREOF and acknowledging acceptance and agreement of the foregoing, Seller and Buyer affix their signatures hereto. ________________________________________, Seller Date _____________ (For sales over $10,000) SUBSCRIBED AND SWORN TO BEFORE ME on the ___________ day of _________________, 2006, to certify which witness my hand and official seal. Notary Public in and for the State of _______________________ Commission Expires ____________________ _________________________________________, Buyer Date______________ (For purchases over $10,000) SUBSCRIBED AND SWORN TO BEFORE ME on the ___________ day of ________________, 2006, to certify which witness my hand and official seal. Notary Public in and for the State of _________________________ Commission Expires ____________________ Please Sign and Fax to: 508-655-2051 Eves and overnights Please Sign And Email back to: admin@webwaterfronts.com, admin@TechDomainSales.Com anytime Or info@FoxMediaLab.com With Signed agreement and funds, transfer can be initiated and completed W/I 5-10 business days. ICANN 60 wait period for registry-to-registry transaction. Verification of domain control may be seen much earlier in WhoIs. For Sales over $68,500 an escrow service can be provided. All other sales may escrow service may be provided at buyers cost and discretion. 508-655-5665 (cp) 508-785-5636 |
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