<<<<>>>> <<<<>>>> Sales Contract I (Seller) <<<<>>>>, agree to sell vessel "<<<<>>>>" (<<<<>>>>) and all associated items listed in attached advertisement, to <<<<>>>> (Buyer) for the sum of <<<<>>>> pending surveys and sea trial. The price of <<<<>>>> will not be adjusted for minor faults or repairs. Only major problems or repairs that both parties agree to will allow for renegotiating selling price. All costs (except for sea trial costs) will be paid by Buyer. Deposit of <<<<>>>> was received on this day. Haul out, surveys and sea trial will be completed by <<<<>>>> and Buyer will accept or refuse this contract by that date. If Buyer accepts the contract, the remainder of moneys will be paid to Seller and Buyer will take delivery by <<<<>>>>. (Seller) <<<<>>>> (Buyer) <<<<>>>>