KRS 355.2-205: Firm offers.

An offer by a merchant to buy or sell goods in a signed record which by its terms gives

assurance that it will be held open is not revocable, for lack of consideration, during the

time stated or if no time is stated, for a reasonable time, but in no event may such period

of irrevocability exceed three (3) months and any such term of assurance on a form

supplied by the offeree must be separately signed by the offeror.