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CONSIGNMENT AGREEMENT

This Consignment Agreement (the “Agreement”) states the terms and conditions that govern
the contractual agreement by and between:

CONSIGNOR: [insert name/entity name], located at address: [insert address]

and

CONSIGNEE: [insert name/entity name], located at address: [insert address],

Hereinafter referred to collectively as “PARTIES” and individually as “PARTY”,

RECITALS

WHEREAS, the Consignor owns right and title to the items described on Article 1 of this
Agreement (the “Consigned Items”), and the Consignee desires to take possession of the
Consigned Items with the intention of selling it to a third party.

NOW, THEREFORE, in consideration of the mutual promises and covenants as hereinafter


set forth, and intending to be legally bound hereby, the Consignor and the Consignee hereby
agree as follows:

1. Subject Matter.

1.1. The Consignor hereby grants to the Consignee the exclusive right to display and sell the
Consigned Items according to the terms and conditions of this Agreement. The Consigned
Items are as follows: [Please specify the Items below]

 [Item 1 and description]


 [Item 2 and description]
 [Item 3 and description]

2. Price.
2.1. The minimum price at which the Consignee may sell the Consigned Items shall
be [Specify the minimum amount] (the “Minimum Price”). In the event the Consignee sells
the Consigned Items for less than the Minimum Price, the Consignor shall be entitled to the
same payment the Consignor would receive as its share of the sale price under this
Agreement, had the Consigned Items been sold for the Minimum Amount.

3. Consignment Fee
3.1. The Consignee shall be entitled to Percentage of the full purchase price of the Consigned
Items (the “Consignment Fee”).

3.2. Within [Specify the number] of days from the sale of the Consigned Items, the Consignee
shall deliver to the Consignor the sale price of the Consigned Items less the Consignment
Fee.
4. Insurance

4.1. The Consignee represents and warrants that the Consignee shall maintain insurance
coverage sufficient to compensate the Consignor for the fair market value of the Consigned
Items in the event of damage due to fire, theft, or otherwise.

5. Location of Items

5.1. The Consignee agrees and acknowledges that the Consigned Items shall only be kept and
stored at [Specify address] unless otherwise agreed upon by the Consignor in writing.

6. Timeframe

6.1. In the event that all the Consigned Items are not sold by [Specify Date], all unsold
Consigned Items shall be returned to the Consignor with all delivery costs borne by the
Consignee.

7. Consignor Representations and Warranties

7.1. The Consignor hereby represents and warrants that the Consignor holds full title (or has
received, in writing, the authorization to sell the Consigned Items by any necessary parties) to
the Consigned Items.

8. Expenses

8.1. The Consignee shall bear all expenses for shipping the Consigned Items.

9. Amendments

9.1. This Agreement may not be modified, amended, altered, or supplemented except by an
agreement in writing executed by the parties hereto.

10. Applicable laws

10.1. This Agreement and the interpretation of its terms shall be governed by and construed
in accordance with the laws of the State of [Specify State] and subject to the exclusive
jurisdiction of the federal and state courts located in [Specify country], [Specify state].

11. Entire Agreement

11.1. This Agreement supersedes all previous agreements, understandings, and arrangements
between the parties, whether oral or written, and constitutes the entire agreement between the
parties.

12. Waivers
12.1. The waiver by either party of a breach or other violation of any provision of this
Agreement shall not operate as, or be construed to be, a waiver of any subsequent breach of
the same or other provision of this Agreement.

13. Notice.

13.1. Unless otherwise provided herein, any notice, demand, or communication required,
permitted, or desired to be given hereunder shall be in writing and shall be delivered by hand,
by telex or telecopy, by facsimile, or by registered or prepaid certified mail through the
United States postal service, return receipt requested, addressed as follows: [Specify sender’s
address] or to such other address, and to the attention of such other persons or officers as
either party may designate in writing. Any notice so addressed and mailed shall be deemed
duly given three (3) days after deposit in the United States mail, and if delivered by hand,
shall be deemed given when delivered, and if telecopied, telexed, or sent by facsimile, shall
be deemed given on the first business day immediately following transmittal.

14. Counterparts.

14.1. This Agreement may be executed in several counterparts, each of which shall be an
original, but all of which together shall constitute one and the same Agreement.

15. Articles and Other Headings.

15.1. The articles and other headings contained in this Agreement are for reference purposes
only, and shall not affect in any way the meaning or interpretation of the terms of this
Agreement.

IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by
their duly authorized representatives as of the date first set forth above.

16. SIGNATURE’S OF THE PARTIES

CONSIGNOR’s Signature: ______________________________ Date: ___________

Print Name: ______________________________

CONSIGNEE's Signature: ______________________________ Date: ___________

Print Name: ______________________________

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