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Consignment Contract

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CONTRACT FOR CONSIGNMENT


This agreement is made between _______________ (the "Consignor") and ___________________ (the "Consignee").


1. The Consignor and Consignee acknowlege and agree that the Consignor has provided the goods described below to the Consignee for sale on a consignment basis, for the prices indicated, under the terms and conditions of this agreement:


2. The consignee agress to use its best efforts to sell the goods for cash for the benefit oft he Consignor and to account to the Consignor for such sales within ________, delivering the sale proceeds to the Consignor, less commisssion, at the time of the acocunting.

3. The Consignee agrees to accept its commission, in full payment for its performance under this agreement, an amount equal to _____ % of the gross sales price of the goods, exclusive of any sales tax.

4. Any goods the Consignee is unable to sell may be returned to the Consignor at the expense of the consignee. The Consignor may reclaim unsold goods at any time.

5. At the request of the Consignor, the Consignee agrees to execute financing statements perfecting theonsignor's claim of ownership of the goods.

6. This agreement shall be government by the laws of the state of _________.

7. If any part of this agreement is adjudged invalid, illegal or unenforceable, the remaining parts shall not be affected and shall remain in full force and effect.

8. This agreement shall be binding upon the parties, and upon their heirs, executors, personal representatives, administrators and assigns. No person shall have a right or cause of action arising out of or resulting from this agreement except those who are parties to it and their successors in interest.

9. This agreement, including any attached exhibits and addenda, constitutes the entire agreement of the parties. No representations or promises have been made except those that are set out in this agreement. This agremeent may not be modified except in writing signed by all of the parties.


In witness thereof, the parties have signed this agreement under seal on (date).

Consignor: __________________________


Consignee: ___________________________

 

 

 

 

 

   

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