Consignment Contract Template

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Company ABC, Inc.
Consignment Contract
1. Names. ____________________________, Owner, and
________________________, Consignee, agree to the following consignment.
2. Property Consigned. Owner has delivered / will deliver the following
Goods to Consignee on consignment:
Goods
Sale Price
__________________________
_____________________________
__________________________
_____________________________
3. Efforts to Sell. Consignee will display the Goods and attempt to sell
them at or above the prices listed in paragraph 2. Consignee will obtain the
written consent of Owner before selling the Goods at prices lower than those
listed in paragraph 2.
4. Proceeds of Sale. Following a sale, Consignee will retain from the sale
proceeds a commission of ___% of the sale price. In computing the commission,
sales tax will not be added to the sale price. Consignee will send the balance of
the sale proceeds to Owner within five days of the sale.
5. Ownership Before Sale. Owner will retain ownership of the Goods until
they are sold.
6. Risk of Loss. While the Goods are in Consignee's possession,
Consignee will bear the risk of damage to or loss of the Goods. If the Goods are
damaged or lost, Consignee will pay Owner the selling price listed above less the
stated commission.
7. Termination of Consignment. Owner or Consignee may terminate this
contract at any time. If either party terminates the agreement, Consignee will
return the Goods to Seller at:
[ ] Seller's place of business at __________________________.
Consignment Contract
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