Consignment Agreement

  1. 1    Agreement Overview
    • This Agreement is made between [Vendor’s Name] (hereinafter referred to as “Vendor”) and Zokami Anime Store (hereinafter referred to as “Store”).
    • The purpose of this Agreement is to outline the terms and conditions under which the Vendor will consign items to the Store for sale.
  2. 2    Consignment Terms
    • The Vendor agrees to consign their anime-related products to the Store.
    • The Store agrees to display and sell the consigned items on behalf of the Vendor.
  3. 3    Commission Split
    • The Vendor will receive sixty percent (60%) of the sale price of each consigned item.
    • The Store agrees to display and sell the consigned items on behalf of the Vendor.
  4. 4    Payment Terms
    • Payments to the Vendor will be made on a monthly basis.
    • The Store will provide an itemized statement of sales and the corresponding payment to the Vendor.
  5. 5    Pricing
    • The initial sale price of consigned items will be mutually agreed upon by both the Vendor and the Store.
    • The Store reserves the right to mark down prices during sales or promotional events, with prior notice to the Vendor.
  6. 6    Duration and Termination
    • This Agreement will remain in effect until terminated by either party.
    • Either party may terminate this Agreement with thirty (30) days written notice.
    • Upon termination, any unsold items will be returned to the Vendor within fifteen (15) days.
  7. 7    Liability and Insurance
    • The Store will take reasonable care of the consigned items.
    • The Vendor is responsible for insuring their items while they are consigned to the Store.