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Seller
agrees that it will apply the retainer amount to the
eventual purchase price to be paid by purchaser if: 1)
Purchaser accepts the design plan, proposal and
specifications which will be part of an installation
agreement to be presented to the Purchaser; and 2)
purchaser fully complies with its payment obligations
under the installation agreement.
This
contract may be canceled by the Purchaser within three (3)
business days following the day of the execution of this
agreement by giving written notice of recission to the
Contractor/Consultant at the address given in this
contract in which event Purchaser shall be entitled to a
complete refund of the design retainer given to the
Contractor/Consultant at the time of the execution of this
agreement. If the contract is not canceled by the
Purchaser within the aforesaid period, then Purchaser
shall forfeit the retainer amount unless Purchaser
satisfies the conditions of paragraph two in which case
the retainer shall be applied to the purchase price as
provided in such paragraph,
I,
_____________________________________, the Purchaser(s),
have read this agreement and understand its terms and
agree to be bound by the terms of this agreement.
Date:
_________________________________
______________________________________
Purchaser
______________________________________
Purchaser
______________________________________
Company Representative
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