An Equipment Purchase and Sale Agreement (EPSA) is a legally binding document that outlines the conditions of the sale or purchase of equipment between two parties. It outlines all important details, such as what type of equipment is being purchased/sold, when delivery is expected, payment terms, and any warranties or guarantees associated with the transaction. This agreement ensures that both parties understand their respective obligations and liabilities, providing protection for both the buyer and seller in case of any misunderstandings or disputes. An EPSA is an important part of doing business responsibly and protecting both parties’ interests.