Minnesota Bill of Sale Form for IBM Storage Equipment Form

Use this form as a Bill of Sale to Sell IBM Storage Equipment in the state of Minnesota

Minnesota Bill of Sale Form for IBM Storage Equipment

Text version of this Form

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THIS BILL OF SALE, Made as of this ______ day of January 2012;

KNOW BY ALL, That the County of Hennepin, State of Minnesota (“Seller”), for the Total

Price of ______ DOLLARS AND __ CENTS ($____.__), does hereby sell, transfer and convey

to _____, a ______corporation (“Purchaser”), with its principal place of business at ______, all

right, title and interest in IBM Storage Equipment (“Equipment” per attached Exhibit A,

“Equipment Descriptions and Additional Terms and Conditions”) and as set forth in the Proposal

of Purchaser (“Proposal”), marked Exhibit B, and all in accordance with the specifications for

said Proposal, said documents being incorporated herein by this reference.

1. REPRESENTATIONS AND WARRANTIES OF SELLER. Seller represents and warrants

that Title to the Equipment is held by Seller free and clear of any and all pledges, liens,

encumbrances, security interests or charges of any kind. All Equipment herein is offered “as

is.” The descriptions as set forth in the “Equipment Descriptions and Additional Terms and

Conditions” (Exhibit A) as well as in the Proposal pages in the Invitation for Bids, Contract

No. 3458A1, are for the purpose of convenience only, and do not constitute guarantee or

warranty, expressed or implied, with respect to the Equipment.

2. TITLE, TRANSPORTATION, RISK OF LOSS. Title to the Equipment and Risk of Loss

shall pass to Purchaser when Purchaser or its designated representative or carrier takes the

physical possession of the Equipment at Hennepin County Government Center and

Washington Avenue Data Center, Minneapolis, Minnesota (“Locations” or “Facilities”),

respectively. Purchaser shall be responsible for arranging removal, shipment, and paying for

all removal and transportation expenses.

3. REMOVAL OF EQUIPMENT. Equipment will be available for removal by Purchaser on or

after January 20, 2012, and Purchaser must remove the Equipment not later than February

10, 2012. Purchaser shall supervise and direct its employees and/or contractors to use best

care to protect Seller’s property from damage during removal of Equipment. If applicable,

Purchaser or its contractor must use protective material such as masonite in order to protect

the flooring at Seller’s site during Equipment removal if applicable.

4. TAXES. Any personal property taxes assessed in connection with the Equipment after the

transfer of the title shall be borne by Purchaser. The Equipment is being purchased for resale

or lease. Purchaser shall furnish Seller with a sales tax exemption certificate, and any other

documentation required by government authorities.

5. PAYMENT TO SELLER. Purchaser agrees to pay the Total Price as specified in this Bill.

Payment shall be made in full prior to the removal of Equipment.


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6. REMEDIES. Both Seller and Purchaser may pursue any remedy available by law or in

equity for the other’s failure to fulfill any other obligation or condition under this


7. APPLICABLE LAW. This Agreement shall be governed by, and construed in accordance

with, the laws of the State of Minnesota.

8. ORDER OF PRECEDENCE. In the event of an inconsistency between the terms of this Bill

of Sale and any of the exhibits and/or attachments attached hereto, the terms of this Bill of

Sale shall control.

IN WITNESS WHEREOF, The Seller has caused this Bill of Sale to be signed by its duly

authorized representatives.



By ___________________________________

Purchasing Manager

Date: _________________________________