The Installment Contract for Payment in Harris is a retail installment agreement designed to outline the terms between the seller and purchaser regarding the purchase of goods. Key features include setting a total purchase price, specifying interest rates, and detailing payment terms, which involve monthly installments due on a specified date. The form includes provisions for late fees, defines events of default, and states remedies available to the seller in case of buyer default. Additionally, it addresses purchase money security interests and includes disclaimers regarding warranties. Modifications to the agreement must be made in writing, and the governing law is specified as the state of Harris. This form serves as a formal contract that protects both parties' rights and obligations. Attorneys, partners, owners, associates, paralegals, and legal assistants will find this form useful for facilitating sales transactions, ensuring compliance with legal standards, and providing clear expectations for installment payments.