Goods Consignment Agreement printable pdf download

CONSIGNMENT AGREEMENT

This Agreement dated [date], by and between [name of company], a Michigan

corporation, of [location], Michigan (Company), and [name of consignee], of [location]

(Consignee), is made with reference to the following facts and circumstances:

A. Company is engaged in the distribution, manufacture, conversion, and sale of

____________ products (goods).

B. Company desires to appoint Consignee one of Company’s sales agents within the

State of [state], 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 [state], 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 incident expenses, including all

expenses of shipping, handling, storing, insuring, selling, and delivering to customers.

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.

Goods Consignment Agreement