Sale of stock of goods and fixtures, at invoice cost plus. This agreement is entered into this _________[date] between _________ and _________, buyers, and the _________ Store, composed of _________ and _________, acting through their duly authorized agent, _________, seller, both of the County of _________ and State of _________. 1. Seller shall sell to buyer, and buyer shall buy from seller, all of that certain stock of goods, wares and merchandise now situated in the store on _________ Street in the Town of _________, _________, together with all the furniture and fixtures in it, belonging to seller. 2. Upon the execution and delivery of this contract, properly signed and executed before some officer authorized to take acknowledgments under the laws of _________, and the payment of the earnest money by this agreement, the store shall be closed temporarily, and an inventory taken immediately, and delivered to buyer, at the invoice cost plus _____%, without including transportation charges or expenses, deducting any depreciation, on account of damages, wear and tear. 3. The goods, wares and merchandise and furniture and fixtures shall be inventoried at the invoice plus _____% by seller and buyer, and if they cannot agree upon the prices for same, original or duplicate invoices of such goods shall be produced by seller to buyer, to determine the invoice cost, and the amount of the deductions for damages, wear and tear, then these values shall be fixed by an arbitration board, consisting of _________ and _________ and _________, or any two of them, whose decision shall be final and binding upon buyer and seller. 4. _________ days shall be allowed to complete the inventories, upon which date all of the property shall be delivered by seller to buyer. 5. Buyer, in consideration of the premises, shall, upon the execution of this contract, deposit in escrow in the _________ Bank of _________, $_____, as earnest money to bind the trade, that sum to be returned to buyer, in case seller fails to make good title to said property, and upon the consummation of the deal and the tender by seller to buyer, of h— certain bill of sale to the property, showing that seller has complied with all the requirements and conditions of the Bulk Transfer Law of the State of _________, and that they will furnish to buyers a full and complete list of all creditors of _________ Store, together with the amounts due the creditors, that the creditors shall be immediately paid in full such amounts as may be due them, and that the total amount shown to be due by sellers shall be deposited in escrow in _________ Bank of _________, until all creditors of _________ Store shall give a release of their claims against _________ Store or the individual members of it, buyer shall pay to seller the total amount of the invoice plus _________ percent in cash and the payment shall be accepted in full payment for the property. 6. All the stipulations, agreements and conditions contained in this contract are to apply to and bind the heirs, executors and administrators of the respective parties to this agreement, and in case of failure, the parties bind themselves, each to the other, in the sum of $_____, as fixed and settled damages, to be paid by the failing party.