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Consignment Agreement
"I need a Consignment Agreement for my art gallery in Singapore to receive and sell high-value paintings from international artists, with specific provisions for insurance, secure storage, and a tiered commission structure based on sale price."
1. Parties: Identification and details of the consignor and consignee
2. Background: Context of the agreement and business relationship
3. Definitions: Key terms used throughout the agreement including references to Singapore legislation like Sale of Goods Act and Consumer Protection Act
4. Consignment Terms: Core terms including delivery, storage, and handling of goods
5. Pricing and Commission: Payment terms, commission structure, and settlement process including GST considerations
6. Title and Risk: Ownership rights and risk allocation in accordance with Singapore Sale of Goods Act
7. Duration and Termination: Term of agreement and termination provisions
8. Governing Law: Specification of Singapore law as governing law and jurisdiction
1. Insurance: Insurance requirements and coverage details for consigned goods
2. Intellectual Property: IP rights and protection provisions for branded or protected goods
3. Data Protection: Compliance provisions with Singapore Personal Data Protection Act
4. Marketing and Display: Requirements for product display and marketing in retail settings
1. Schedule 1: Consigned Goods: Detailed list of consigned goods including specifications and quantities
2. Schedule 2: Commission Structure: Detailed breakdown of commission rates and calculation methods
3. Schedule 3: Operating Procedures: Detailed procedures for handling, storage, and sale of goods
4. Appendix A: Reporting Templates: Standard forms for inventory and sales reporting
Authors
Applicable Law
Business Day
Commission
Confidential Information
Consigned Goods
Consignment Period
Consignment Location
Consignor
Consignee
Effective Date
Force Majeure Event
GST
Intellectual Property Rights
Inventory Report
Loss
Minimum Price
Net Proceeds
Operating Procedures
Party/Parties
Purchase Price
Related Corporation
Sales Report
Sales Proceeds
Settlement Period
Storage Requirements
Term
Territory
Consignment Process
Delivery and Storage
Title and Risk
Commission and Payment
Sale of Goods
Pricing
Reporting Requirements
Representations and Warranties
Insurance
Confidentiality
Record Keeping
Inspection Rights
Return of Goods
Intellectual Property
Liability and Indemnification
Force Majeure
Term and Termination
Assignment
Notices
Governing Law
Dispute Resolution
Entire Agreement
Severability
Variation
Counterparts
Third Party Rights
Data Protection
Compliance with Laws
Relationship of Parties
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