This Consignment Agreement is suitable for Consigning arrangement for the Consignee to market, display and sell Goods on behalf of Consignor in consideration of the Consignment Fee. This agreement is drafted in favour of the Consignor.
The Consignor wishes to sell certain goods in a specific Territory.
The Consignee has outlets in that Territory and is willing to market, display and sell Goods on behalf of Consignor for the consideration of the Consignment Fee for the Consignment Period in the Territory.
The Consignee also markets and sells various Goods, but these do not compete directly with the Consignor's Goods and the Consignor has no issue with the Consignee markets, displays and Sells these other goods.
The Consignor hereby consigns the Goods to the Consignee to market, display and sell on behalf of Consignor in the Territory and for the promotion of, and solicitation of customers for, the Goods, and the Consignee hereby agrees to act in that capacity, subject to the terms and conditions of this Agreement.
The Consignor shall be entitled to make sales of the Goods to customers in the Territory whether or not they have been introduced to the Consignor by the Consignee.
The Consignor may from time to time by written notice require the Consignee not to, and if so required the Consignee shall not, solicit orders for the Goods from particular customers or prospective customers in the Territory if the Consignor has reasonable grounds for believing that such customers are not creditworthy or are involved in illegal activities against relevant sanction or money laundering or terrorist financing laws.
This document should be carefully read by the Consignee and Consignor.
Both parties should sign and return a copy, and once signed, both parties should get a copy. To avoid future disputes, both parties may wish to have their signature witnessed.
The Consignment fee, authorised territory and rights and liabilities should all be clearly stated in the Consignment Agreement.
If either party wishes to amend the agreement in the future, both parties should agree to do so, and the original agreement and amendments should be recorded in writing and signed by both parties.
Create Document: Click “Create Document” button and fill in the details of the parties. You can click the "Fill with Member's Information" button to complete the party's information with your personal or business information saved to your account.
Please fill in any additional information by following the step-by-step guide on the left-hand side of the preview document and click the “Next” button.
When you are done, click the “Get Document” button and you can download the document in Word or PDF format.
Please get all the parties to review the document carefully and make any final modifications to ensure that the details are correct before signing the document. Each party should have a copy of the executed document.