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Consignment Agreement
1. Parties: Identification of the consignor and consignee, including full legal names, registration numbers, and addresses
2. Background: Context of the agreement and brief description of the business relationship
3. Definitions: Definitions of key terms used throughout the agreement
4. Appointment and Scope: Terms of appointment of the consignee and scope of the consignment arrangement
5. Duration and Termination: Term of the agreement, renewal provisions, and termination rights
6. Delivery and Storage of Goods: Provisions regarding delivery, storage requirements, and handling of consigned goods
7. Title and Risk: Clarity on retention of title by consignor and allocation of risk for the goods
8. Pricing and Commission: Pricing structure, commission rates, and payment terms
9. Sales and Revenue: Process for sales, revenue collection, and remittance to consignor
10. Inventory Management: Requirements for inventory tracking, reporting, and reconciliation
11. Returns and Unsold Goods: Handling of returns and process for dealing with unsold inventory
12. Representations and Warranties: Standard representations and warranties from both parties
13. Liability and Indemnification: Allocation of liability and indemnification obligations
14. Insurance: Insurance requirements for the consigned goods
15. Confidentiality: Protection of confidential information
16. Governing Law and Jurisdiction: Specification of Danish law as governing law and jurisdiction for disputes
17. General Provisions: Standard boilerplate clauses including notices, amendments, and assignment
1. Customs and International Shipping: Required if goods are being shipped internationally, covering customs requirements and international shipping terms
2. Special Storage Requirements: Needed for goods requiring specific storage conditions (e.g., temperature control, humidity)
3. Marketing and Display: Include when specific requirements exist for how goods should be marketed or displayed
4. Intellectual Property: Required when the consignment involves branded goods or licensed products
5. Data Protection: Include when personal data processing is involved in the consignment arrangement
6. Quality Control: Necessary for goods requiring specific quality maintenance or checking procedures
7. Exclusivity: Include when there are territorial or customer exclusivity arrangements
8. Force Majeure: Optional but recommended, especially for international arrangements or high-value goods
9. Compliance with Regulations: Required when dealing with regulated products or industries
1. Schedule 1 - Products and Pricing: Detailed list of consigned products and their pricing structure
2. Schedule 2 - Commission Rates: Detailed breakdown of commission rates and calculation methods
3. Schedule 3 - Reporting Requirements: Templates and timing for inventory and sales reporting
4. Schedule 4 - Operating Procedures: Detailed procedures for handling, storing, and selling consigned goods
5. Schedule 5 - Storage Locations: List of approved storage locations and their specifications
6. Schedule 6 - Insurance Requirements: Detailed insurance requirements and minimum coverage levels
7. Schedule 7 - Return Procedures: Detailed procedures for handling returns and unsold goods
8. Appendix A - Contact Details: Key contact information for both parties
9. Appendix B - Quality Standards: Detailed quality standards and inspection procedures if applicable
Authors
Applicable Law
Business Day
Commission
Confidential Information
Consigned Goods
Consignee
Consignor
Consignment Period
Consignment Location
Customer
Delivery
Effective Date
Force Majeure Event
Intellectual Property Rights
Inventory Report
Invoice
Loss
Market Value
Minimum Sales Price
Net Proceeds
Operating Procedures
Payment Period
Products
Purchase Order
Quality Standards
Rejected Goods
Representatives
Returns
Sales Report
Sales Revenue
Selling Season
Storage Requirements
Term
Territory
Title
Trademarks
Unsold Goods
VAT
Working Hours
Appointment
Term and Termination
Delivery
Storage
Title and Risk
Consignment Terms
Sales Authorization
Pricing
Commission
Payment Terms
Reporting
Inventory Management
Returns
Quality Control
Insurance
Warranties
Liability
Indemnification
Confidentiality
Data Protection
Intellectual Property
Force Majeure
Notice
Assignment
Severability
Entire Agreement
Amendment
Waiver
Governing Law
Jurisdiction
Dispute Resolution
Compliance with Laws
Anti-Corruption
Audit Rights
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