Agreement To Sell Works Of Art
Docstoc Legal Agreements
This Agreement to Sell Works of Art is intended to be used if you wish to sell work of
art of an artist or vice-versa. This agreement provides an artist to appoint people to sell
his/her art on commission basis for a specific period of time. This document is
intended to ensure that financials of each party are kept clear.
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Attorney Drafted
AGREEMENT TO SELL WORKS OF ART
The following constitutes the entire agreement with respect to the sale by ________________________________
[Instruction: Insert the Buyer’s name] ("Buyer") of sculptures, drawings and graphics created by
________________________________ [Instruction: Insert the Artist's name] ("Artist"):
1. For a period of ___________ (___) [◊ four (4)] years commencing on the date of this agreement, Buyer
shall have the exclusive right, in any part of the world, to offer for sale and to authorize others to
offer for sale, all items of art works created and owned by Artist. Artist shall initially deliver each
such item of his work to Buyer at such location as may be designated by Buyer.
2. During the period of ___________ (___) [◊ ten (10)] years, Buyer shall have the exclusive right to
arrange, and to authorize others to arrange, for the publication and/or sale, in any part of the world,
of books and catalogues containing illustrated reproductions of the art work of Artist.
3. During the period of ___________ (___) [◊ two (2)] years, Buyer shall arrange for exhibitions of Artist's
works in the Cities of __________________, __________________ and such other places as the parties shall
jointly determine. Buyer shall be responsible for all of the expenses of such exhibitions, including
advertising and catalogue costs and insurance, the Buyer covenants that the art work will be
insured against all risks and casualties for its full value. Any and all insurance proceeds on account
of any such risk or casualty will be paid to the Artist. The Buyer shall provide the Artist with all
relevant information about his insurance coverage for the art work if the Artist requests this
information and shall bear the entire cost of storing all items of Artist's work delivered to Buyer
pursuant to this agreement. [Instruction: Delete or modify this clause if artist does not wish to
have exhibitions in certain cities for a period of time]
4. The parties acknowledge that Artist has furnished to Buyer photographs of each item of Artist's works
owned by Artist on the date of this agreement. The price at which Buyer shall offer each such item for sale
shall not be less than the price set forth on the back of such photograph. The parties shall jointly determine
the minimum sales price to be charged as to those art works to be created by Artist during the term of this
agreement. Minimum prices may be changed from time to time in such manner as shall jointly be
determined by the parties. [Instruction: Please provide price of each item at the back of such item]
5. Upon the sale of any of the art works covered by this agreement, Buyer shall be reimbursed, from the
actual net proceeds of sale, for any initial shipping cost advanced with respect to such item. In addition
and as compensation for Buyer's services in effecting the sale of a particular work, Buyer shall be entitled
to retain ____ (__ %) percent [◊ twenty (20%)] of the balance of the net proceeds of the particular sale,
as and for Buyer's commission for having effected such sale, with the remaining ______ (___ %) percent
[◊ eighty (80%)] percent of such balance, less any amounts otherwise due to Buyer under this agreement,
to be paid to Artist on a quarterly basis.
6. This agreement shall be governed by and construed in accordance with the laws of the State of Tennessee
and shall be binding upon and inure to the benefit of the respective executors, administrators, successors
and assigns of the parties.
Dated: _____ [Month] _____ [Date], 20_____
Buyer:
________________________________
[Buyer's Signature]
________________________________
[Buyer's Printed Name]
Artist:
________________________________
[Artist's Signature]
________________________________
[Artist's Printed Name]
Note: Carefully read and follow the Instructions and Comments contained in this document for your
customization to suit your specific circumstances and requirements. You will want to delete the Instructions
and Comments from open bracket (“[“) to close bracket (“]”) after reading and following them. You (or your
attorney) may want to make additional modifications to meet your specific needs and the laws of your state
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