Trade Agreement - Smith and Wesson - Exchange of Guns for SBPD

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1 pirea r voq Avlwv, `10 *'Brra2�4 f. Upon execution of this Agreement, Quote acceptance and an Order placed by SBPD, S&W will ship to SBPD items identified in Section Ld of this Agreement. 2. Taxes. SBPD is responsible for all sales and other taxes arising from its activities. 3. Sco e & Pur ose Of Trade Agreemettt: It is the intent of this Agreement to replace only items listed in Section Le of Trade Pistols which are currently in the possession of the SBPD. 4. Used/Trade Guts Shipping And Delivery Conditions Additionally, SBPD agrees to email a list of all the serial numbers being shipped to the CONUSA FFL prior to each shipment in Excel format to Joe Niedziela at °niedziel,t 4smith-, Nyesson cone and Aleksandr Pikalov at � lalIT w i��n ith wesson.coin. 5. Delivery of Used Guns: SBPD shall ship all items listed in Section Le of Trade Pistols to the CONUSA FFL within three (3) months of receipt of the first shipment of items listed in Section Ld of this Agreement. A late charge of five percent (5%) will be deducted from the value of each Trade Pistol that is received by S&W after, this three (3) month deadline. In the event SBPD has not delivered the full quantity, as listed in Section Le of Trade Pistols within this three (3) month deadline, SBPD will be required to pay for any missing Trade Pistols. SBPD will package Trade guns in a manner that prevents scratching and marring while being shipped. 6. Condition of Trade Pistols: The Trade Pistols shall be in good working condition, as determined by S&W or its CONUSA FFL dealer. "Good working condition" is defined as: safe to use, reliable to operate and with all pieces and parts. Each used firearm be shipped with all sights and magazines as set forth in Section Le of Trade Pistols. SBPD will be invoiced by either S&W or CONUSA FFL for any repairs needed to any Trade Pistols, and for any missing pieces or parts required to return any Trade Pistol to good working condition. SBPD shall pay for all such repairs and parts within thirty (30) days of invoice. S&W shall notify SBPD of any shortage, missing parts, and/or breakages with thirty (30) days of receipt of the firearms to the CONUSA FFL facility. 7. Term: This Agreement will expire on May 3, 2019. 8. Offer: The offer to enter into this Agreement shall expire if SBPD does not return an unmodified executed copy of this Agreement by 5/3/2019. 9. Char es For Missing Part & Accessories Charges for missing trade parts and accessories will be based upon manufacturer's suggested retail price list. Charges will vary according to type of part or parts needed for repair. Specific charges for certain items are set forth below: 1. Missing Trade Pistol $379.09 2. Missing or broken magazines $17.00 Page 2 of 4 South Bend Police Department Trade Agreement