Common Contracts
1 similar Master Art Cooperative/Consignment Agreement contracts
MASTER ART COOPERATIVE/CONSIGNMENT AGREEMENTMaster Art Cooperative/Consignment Agreement • February 11th, 2020
4a. Annual Monthly Payment. The Artist agrees to pay to Art Dealer the sum of One Hundred Dollars ($100.00) per month for a one year term to Art Dealer in consideration for Art Dealer’s showing of Artist’s work in Art Dealer’s gallery and to assist with the costs of operating the gallery and advertising the gallery. This payment is due on the first day of each month and is delinquent if not received by the fifth (5th) day of each month. Should Artist fail to pay its monthly payment within five days of the due date, Art Dealer may terminate this Agreement. Upon termination, Artist agrees to immediately remove its Artwork from Art Dealer’s gallery. On termination of this Agreement, Artist releases Art Dealer from any and all liability with respect to the safekeeping of Artist’s Artworks and the risk of damage, destruction and loss to such Artwork shall immediately pass to Artist; whether or not Artist has physically retrieved its Artwork from Art Dealer.
