| Consignment Contract |
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| CONTEMPORARY FURNITURE, JEWELRY AND ART GALLERY 108 BEACON STREET SOMERVILLE, MA 02143-4304 PHONE 617-441-3833 EMAIL ARTATTACK108@YAHOO.COM Consignment Contract ______________________________ (vendor) Art Attack, Heather Somershein (host) The parties hereby agree as follows: (Vendor please initial each article) 1.The host agrees to display, for sale within Art Attack, the vendor’s products for a period of ______ months in return for a commission of 40% for all vendor’s items sold and no monthly rent. This agreement is valid for the dates of ________ to ________. ( )initial 2. The host agrees that the vendor will determine the retail value of each item and provide merchandise tagged with such pricing by the host. ( )initial 3. The host agrees to provide monthly statements of commission paid and products sold. ( )initial 4.If at the end of the contract, both parties agree to renew, another contract will be signed. ( )initial 5.The host and vendor agree not to change the commission rate at any time during this contract. ( )initial 6. It is the responsibility of the host to collect appropriate sales tax, and the vendor will file appropriate income tax. ( )initial 7. Vendor is responsible for all pick-up and removal from Art Attack and insurance of merchandise to an from the host. ( )initial 8. Vendor will provide host with a detailed inventory sheet for all merchandise sent to host for consignment. ( )initial 9.Either party may terminate this agreement for failure to follow arrangements outlined in this agreement. If contract is terminated vendor must pick-up all merchandise within 15 days of termination date and host will supply a check at that time for all pieces sold. ( )initial 10. The host agrees to issue a check for vendor’s items that sold in the store within 30days of sale of item. ( )initial 11.The vendor agrees to inform the host of any change in mailing address, e-mail address or telephone number within 2 days of such change. 12.Host agrees to notify vendor of any change in store location, mailing address, shipping address, e-mail address or telephone number within two days of such a change. ( )initial 13.The host will carry liability insurance for inventory. ( )initial 14.In making and performing this agreement, each party acts and shall act at all times as an independent contractor and nothing contained in this agreement shall be construed as creating between the parties a partnership, agency, employer-employee or joint venture relationship. ( )initial 15.This agreement is accepted by the host in Somerville and shall be interpreted in accordance with the laws of the state of MA. 16.Addendums… Attached Pages for Inventory Sheet ( )initial ______________________________________________________________________ ______________________________________________________________________ ______________________________________________________________________ _____________________________________________________ Agreed by Vendor: ____________________________________ (Sign) _____________(Date) ____________________________________ (Print) ____________________________________ (Address 1) ____________________________________ (Address 2) ____________________________________ (Address 3) ____________________________________ (Phone) Agreed by Host (ART ATTACK): ___________________________________ (Sign) ______________(Date) Heather Somershein, Owner Art Attack 108 Beacon Street Somerville, MA 02143 617-441-3833 |
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