Legal Contracts Software Generator - Legal Contract Agreement Template for Consignment

# Consignment Agreement **This Consignment Agreement ("Agreement") is made and entered into as of [Date] ("Effective Date") by and between:** **Consignor:** [Consignor's Name] [Consignor's Address] [Consignor's Contact Information] **AND** **Consignee:** [Consignee's Name] [Consignee's Address] [Consignee's Contact Information] **Collectively referred to as the "Parties."** --- ## 1. Purpose The purpose of this Agreement is to establish the terms and conditions under which the Consignor will consign certain goods to the Consignee for sale. ## 2. Goods The goods subject to this Agreement include the following items: - [Description of Goods 1] - [Description of Goods 2] - [Description of Goods 3] - [Attach additional descriptions as necessary] ## 3. Term This Agreement shall commence on the Effective Date and remain in effect until [Termination Date], unless sooner terminated as provided in this Agreement. ## 4. Responsibilities of Consignor The Consignor agrees to: - Deliver the Goods to the Consignee at [Delivery Location]. - Provide necessary documentation for the Goods. - Specify the sale price for each item consigned. ## 5. Responsibilities of Consignee The Consignee agrees to: - Display and promote the Goods for sale in a manner suitable for attracting buyers. - Maintain the Goods in good condition. - Provide the Consignor with updates on inventory and sales on a [weekly/monthly] basis. - Reimburse the Consignor for all sold Goods within [X days] after the sale date. ## 6. Pricing and Payments - The Consignee may sell the Goods at the price set by the Consignor unless otherwise agreed upon in writing. - The Consignee shall retain [X%] of the proceeds from the sale of the Goods as a commission. - Payment to the Consignor will be made within [X days] after the sale of Goods. ## 7. Title and Risk of Loss The title to the Goods shall remain with the Consignor until sold. The risk of loss or damage to the Goods shall pass to the Consignee upon delivery. ## 8. Termination This Agreement may be terminated by either Party upon [X days] written notice to the other Party. Upon termination, the Consignee shall return any unsold Goods to the Consignor. ## 9. Indemnification Each Party agrees to indemnify and hold harmless the other Party from any claims, losses, liabilities, costs, or expenses arising out of their respective acts or omissions in connection with this Agreement. ## 10. Governing Law This Agreement shall be governed by and construed in accordance with the laws of the State of [State]. ## 11. Entire Agreement This Agreement constitutes the entire understanding between the Parties with respect to the subject matter hereof and supersedes all prior discussions and agreements. ## 12. Amendments No modifications or amendments to this Agreement shall be valid unless made in writing and signed by both Parties. --- **IN WITNESS WHEREOF, the Parties have executed this Consignment Agreement as of the Effective Date.** **Consignor:** Signature: _______________________ Name: [Consignor's Name] Date: ____________________________ **Consignee:** Signature: _______________________ Name: [Consignee's Name] Date: ____________________________ --- ### Note **This template is provided for general informational purposes only and does not constitute legal advice. Consult with a qualified attorney for advice regarding your specific situation and for compliance with local laws and regulations.**