Consignment Contract (DOC) by WorkSession

VIEWS: 198 PAGES: 3

More Info
									                                Consignment Contract
1. Names. ______________________________, Customer, and
_____________________________, Consignee, agree to the following consignment.

2. Property Consigned. Customer [choose one: has delivered / will deliver] the
following goods to Consignee on consignment (the Goods):

   Description of Goods                      Sale Price

   __________________________                __________________________

   __________________________                __________________________

   __________________________                __________________________

3. Efforts to Sell. Consignee will display the Goods and attempt to sell them at or
above the sale prices listed in paragraph 2. Consignee will obtain the written consent of
Customer before selling the Goods at prices lower than those listed in paragraph 2.

4. Proceeds of Sale. Following a sale, Consignee will retain from the sale proceeds a
commission of ___% of the sale price. In computing the commission, sales tax will not be
added to the sale price. Consignee will send the balance of the sale proceeds to Customer
within five days of the sale.

5. Ownership Before Sale. Customer will retain ownership of the Goods until they are
sold.

6. Risk of Loss. While the Goods are in Consignee's possession, Consignee will bear
the risk of damage to or loss of the Goods. If the Goods are damaged or lost, Consignee
will pay Customer the selling price listed above less the stated commission.

7. Termination of Consignment. Customer or Consignee may terminate this contract
at any time. If either party terminates the agreement, Consignee will return the Goods to
Customer as soon as practicable at:

   [ ] Customer's place of business at _________________________.

   [ ] Consignee's place of business at _________________________.
    [ ] Other: _____________________________________________.

8. Other Terms and Conditions. ________________________________.

9. Entire Agreement. This is the entire agreement between the parties. It replaces and
supersedes any and all oral agreements between the parties, as well as any prior writings.

10. Successors and Assignees. This agreement binds and benefits the heirs, successors,
and assignees of the parties.

11. Notices. All notices must be in writing. A notice may be delivered to a party at the
address that follows a party's signature or to a new address that a party designates in
writing. A notice may be delivered:

    (1) in person

    (2) by certified mail, or

    (3) by overnight courier.

12. Governing Law. This agreement will be governed by and construed in accordance
with the laws of the state of _____________.

13. Counterparts. This agreement may be signed by the parties in different counterparts
and the signature pages combined will create a document binding on all parties.

14. Modification. This agreement may be modified only by a written agreement signed
by all the parties.

15. Waiver. If one party waives any term or provision of this agreement at any time, that
waiver will only be effective for the specific instance and specific purpose for which the
waiver was given. If either party fails to exercise or delays exercising any of its rights or
remedies under this agreement, that party retains the right to enforce that term or
provision at a later time.

16. Severability. If any court determines that any provision of this agreement is invalid
or unenforceable, any invalidity or unenforceability will affect only that provision and
will not make any other provision of this agreement invalid or unenforceable and shall be
modified, amended, or limited only to the extent necessary to render it valid and
enforceable.
CUSTOMER

Name of Business: ______________

a ____________________________



By: __________________________

Dated: _______________________

Printed Name: _________________

Title: ________________________

Address: ______________________

        ______________________



CONSIGNEE

Name of Business: ______________

a ____________________________



By: __________________________

Dated: _______________________

Printed Name: _________________

Title: ________________________

Address: _____________________

        _____________________

								
To top