THIS AGREEMENT is made between ABO ANTIQUES AND GALLERY (?Company?),
with a principal place of business at 5091 Walnut Grove Ave Rosemead, CA 91770,
A. Company is engaged in the distribution, conversion, and sale of Art Collection
B. Company desires to appoint Consignee one of Company?s sales agents within the State of
California , on the following terms and conditions.
C. Consignee represents that it possesses the facilities and abilities to promote the sale and
use of the goods manufactured and distributed by Company.
D. Consignee desires to sell Company?s goods on a consignment basis, on the terms and
conditions described in this Agreement.
IT IS AGREED:
1. Appointment. Consignee is appointed one of the Company?s sales agents within
the State of California , for the sale of the Company?s goods, on the following
terms and conditions.
2. Consignment. Company shall ship to Consignee from time to time, on
consignment, such quantities and styles of goods as Company in its discretion may determine,
being mindful of the sales potential in Consignee?s territory.
3. Consignment Invoices. Company shall accompany each shipment with a
consignee invoice, invoicing the goods to Consignee at Company?s current wholesale price, less
the usual trade discount. This method of invoicing is followed for mutual convenience and is not
to be construed as a sale of the goods.
4. Acceptance of Possession and Sale. Consignee shall accept possession of
the goods on consignment, and shall sell the goods for Company?s account at list prices as
Consignee may establish or authorize from time to time.
5. Expenses. From time to time when Consignee receives possession of the
consigned goods, Consignee shall be liable for and shall pay all expenses incident thereto,
including all expenses of shipping, handling, storing, insuring, selling, and delivering to
6. Title. Title to the goods shipped and consigned to Consignee shall remain in
Company at all times until the goods are sold, at which time title shall pass directly from
Company to the customers. Similarly, title to the proceeds of all goods sold shall vest in and
remain in Company until Consignee accounts for and remits Company?s share of the proceeds.
7. Sales. Consignee shall undertake sales on credit only to customers judged by
Consignee to be good credit risks.
8. Compensation. Consignee?s compensation is the amount of the difference
between Company?s invoice price to Consignee and the price at which Consignee sells the
goods to customers.
9. Risk of Loss. Consignee shall assume all risk of loss for damage to or
destruction of the consigned products from any cause whatsoever from the time Consignee
receives possession of the goods until sale and delivery to a customer or until return to
10. Return of Goods. At all times, consigned goods shall be subject to Company?s
direction and control. On Company?s demand for the return of any unsold goods consigned to
Consignee under this Agreement, Consignee shall promptly return such goods to Company. If
Consignee finds any consigned goods to be unsalable, Consignee may return them to Company
with Company?s prior consent in writing. Company shall bear the expense for the return of any
11. Records. Consignee shall keep accurate records showing:
(a) all goods received from Company on consignment with the consignment invoice
(b) all sales to customers with the names of the customers, quantities purchased,
and the terms of the sale;
(c) all consigned goods remaining on hand;
(d) all goods returned by or repossessed from customers together with credits
(e) all goods returned to Company and credits therefor.
Consignee shall allow Company?s representatives to have access to such records on demand
and, in addition, shall permit them at reasonable times to inventory the consigned goods in
12. Accounting and Remittance. Consignee shall render to Company not later than
the fifteenth (15th) day of each month an accurate, detailed account of all sales of goods made
from the consigned stock of the previous month, together with returns and repossessions, if any.
Simultaneously with such accounting, Consignee shall remit to Company a sum equal to the
consignment invoice price of all goods sold, less usual trade discount allowed.
13. Insurance. Consignee shall keep the goods insured at the full wholesale list
price against damage, destruction, and loss of every kind while the goods are in Consignee?s
possession. Consignee shall cause Company to be a beneficiary of such insurance together
with Consignee, as each party?s respective interests appear. Consignee shall provide Company
with a copy of the current insurance policies, on request.
14. Term. This Agreement shall continue in force until terminated. Either party may
terminate this Agreement at any time by giving the other party Three ( 3 ) days? notice in
writing in advance of the termination date. Once Consignee gives a notice of termination,
Consignee shall return to Company within the Five ( 5 ) days period all consigned goods
remaining unsold and shall account for and remit all compensation due and remaining unpaid.
15. Controlling Law. The validity, interpretation, and performance of this Agreement
shall be controlled by and construed under the laws of the State of [California].
We are an online Estates Sale company. We will regularly host online auctions. We apologize for the actual item condition and information that can't deliver with our online pictures, including actual detailed appearance, material, age, tactile impression, and color differential. We'll do our best to maintain the item condition for shipping with professional packaging. If there's a concern of a lot regarding to picture quality, please message us on invaualbe or advise via email@example.com