Bookstore Consignment Agreement
Bookstore Consignment Agreement
This Bookstore Consignment Agreement ("Agreement") is made and entered into as of [Month Day, Year] ("Effective Date") by and between:
Consignor
[Your Name]
[Your Company Name]
[Your Company Address]
[Your Company Number]
[Your Email]
AND
Consignee
[Bookstore Name]
[Bookstore Address]
[Bookstore Number]
[Bookstore Email]
1. Purpose
The purpose of this Agreement is to outline the terms under which the Consignor will provide books for sale on consignment at the Consignee's bookstore. This Agreement is intended to ensure a mutually beneficial relationship whereby both parties can derive value from the sale of literary works while clearly defining each party's rights and responsibilities.
2. Consignment Period
The consignment period will commence on the Effective Date and continue for a period of [0] months. This period may be extended by mutual written agreement of both parties. Each party reserves the right to terminate the Agreement earlier under the terms outlined in Section 10.
3. Books
The Consignor agrees to provide the following books ("Consigned Books") for sale at the Consignee's bookstore:
-
Title: The Great Gatsby
Author: F. Scott Fitzgerald
ISBN: 978-0743273565
Quantity: 10
-
Title: To Kill a Mockingbird
Author: Harper Lee
ISBN: 978-0061120084
Quantity: 8
-
Title: 1984
Author: George Orwell
ISBN: 978-0451524935
Quantity: 12
The Consignor warrants that all Consigned Books are new, in good condition, and free from any encumbrances or claims. The Consignee has the right to inspect the Consigned Books upon delivery and may refuse any book that does not meet acceptable quality standards.
4. Ownership
The Consigned Books shall remain the property of the Consignor until sold. The Consignee acknowledges that they do not acquire any ownership rights over the Consigned Books. The Consignee will ensure that the Consigned Books are displayed prominently and are accessible to customers, and will not alter any book in any way without the prior written consent of the Consignor.
5. Pricing
The sale price of each Consigned Book will be determined by the Consignor. The Consignee agrees to sell the Consigned Books at the agreed-upon price, which is $[0] per book. Any change in pricing must be mutually agreed upon in writing. The Consignee will not discount the prices of the Consigned Books without the express consent of the Consignor.
6. Commission
The Consignee will retain a commission of [0]% of the sale price for each Consigned Book sold. The remaining [0]% will be paid to the Consignor. The commission rate may be renegotiated in writing at the end of the consignment period or in response to significant changes in market conditions.
7. Payment Terms
The Consignee shall pay the Consignor for sold books within [Number] days following the end of each month. Payments will be made via [bank transfer]. The Consignee shall provide a detailed sales report with each payment, outlining the number of books sold, the total revenue generated, and the applicable commission deducted.
8. Unsold Books
Any unsold books at the end of the consignment period will be returned to the Consignor within [0] days. The Consignor is responsible for all shipping costs associated with the return of unsold books. If the Consignee chooses to extend the consignment period, they must notify the Consignor in writing at least [0] days before the expiration of the initial consignment period. The Consignor reserves the right to retrieve unsold books at any time with [0] days written notice.
9. Liability
The Consignee will take reasonable care of the Consigned Books while they are in their possession. However, the Consignee shall not be liable for loss or damage due to theft, fire, or other acts of God. The Consignee will implement appropriate security measures to minimize the risk of theft or loss. The Consignor is encouraged to maintain insurance coverage for the Consigned Books. In the event of loss or damage, the Consignee will notify the Consignor in writing within [Number] days.
10. Termination
Either party may terminate this Agreement with [0] days written notice to the other party. Upon termination, all unsold books must be returned to the Consignor in good condition. The Consignee agrees to provide an inventory list of all unsold books upon termination. Any commissions earned prior to termination will still be payable according to the terms of this Agreement.
11. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the state of [Your State]. Any disputes arising under or in connection with this Agreement shall be resolved through mediation, and if necessary, litigation, in the appropriate courts of [Your County, Your State].
12. Confidentiality
Both parties agree to maintain the confidentiality of this Agreement and any proprietary information disclosed during the term of this Agreement. This confidentiality obligation shall survive the termination of this Agreement.
13. Marketing and Promotion
The Consignee agrees to promote the Consigned Books through their marketing channels, including in-store displays, social media, and newsletters. The Consignor may provide promotional materials and content to support the sales efforts. The Consignee will obtain prior approval from the Consignor for any marketing materials that include the Consignor’s name, likeness, or any proprietary information.
14. Indemnification
Each party agrees to indemnify and hold harmless the other party from and against any claims, damages, losses, or liabilities arising out of or related to their own negligent acts or omissions in connection with this Agreement. This includes any claims resulting from the use or sale of the Consigned Books.
15. Force Majeure
Neither party shall be liable for any delay or failure to perform their obligations under this Agreement due to circumstances beyond their reasonable control, including, but not limited to, acts of God, war, terrorism, strikes, labor disputes, or government actions.
16. Amendments
This Agreement may only be amended in writing and signed by both parties. No oral agreements or understandings shall be valid unless documented in writing and signed by both parties.
17. Entire Agreement
This Agreement constitutes the entire agreement between the parties and supersedes all prior agreements or understandings, whether written or oral, relating to the subject matter herein. Any previous negotiations or representations not included in this Agreement are deemed to be null and void.
IN WITNESS WHEREOF, the parties have executed this Bookstore Consignment Agreement as of the Effective Date.
Consignor
[Your Name]
[Your Company Name]
[Month Day, Year]
Consignee
[Full Name]
[Bookstore Name]
[Month Day, Year]
