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This agreement is made between Raw Touch LLC, referred to as the "Seller," and [Customer Name], referred to as the "Buyer," for the purchase of the following item(s):

[Item Description]

 

The Buyer has chosen to participate in the Seller's layaway program and agrees to the following terms:

 

  1. Layaway Plan: The Buyer will have [2, 4, 8, or 12] weeks to pay for the item(s) in full, depending on the chosen layaway plan. The down payment for the layaway plan will be whichever of the two values (% or $) is greater, as per the table below:

PLAN

DOWN PAYMENT

INTEREST

2 weeks

20% down or $40 minimum

No additional charge

4 weeks

25% down or $40 minimum

10% added to the price of the item

8 weeks

30% down or $40 minimum

15% added to the price of the item

12 weeks

35% down or $40 minimum

20% added to the price of the item

  1. 2 Payments: The Buyer agrees to make regular payments towards the layaway plan. Payments can be made at any time and in any amount, but the full amount must be paid by the agreed-upon date. If payments are not made on time, the layaway contract may be voided, and the Buyer will lose any money paid up to that point.
  2. Item Pick-Up: The Buyer will not receive the purchased item(s) until the layaway is paid in full. Once the layaway plan is paid in full, the item(s) will be made available for pick-up by the Buyer.
  3. Cancellation: The Buyer may cancel the layaway plan at any time, but the Seller will retain a cancellation fee of [insert percentage or flat fee] of the total item price. Any payments made towards the layaway plan will be refunded to the Buyer, less the cancellation fee.
  4. Default: If the Buyer fails to make payments according to the agreed-upon schedule, the layaway plan may be voided, and the Buyer will lose any money paid up to that point.
  5. Governing Law: This Agreement shall be governed by and interpreted in accordance with the laws of [state/province/country] without regard to the principles of conflicts of law.

By signing this agreement, the Buyer acknowledges that they have read and understand the terms and conditions of the Seller's layaway program and agrees to abide by them.

RAW TOUCH LLC: _____________________________

CUSTOMER NAME: ____________________________

DATE: _____________________________________

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