Consignment Agreement
Retail arrangement where goods owners place products with retailers for sale, defining commission rates, payment terms, inventory management, and unsold goods return procedures.
Key Clauses
Background Whereas
Defines background whereas terms and conditions.
Definitions
Clarifies key terms including consigned goods, commission rate, sale price, and consignment period.
Consignment Of Goods
Details specific products being consigned, their condition, quantity, and consignment terms.
Term
Establishes consignment duration, renewal options, and termination conditions for retail arrangement.
Sale Of Goods
Procedures for pricing, marketing, customer transactions, and sales reporting requirements.
Payment And Commission
Commission structure, payment timeline, and remittance procedures for successful sales.
Use This Template
When You Need This
- Placing products in retail stores without upfront wholesale purchase requirements
- Testing market demand for new products through retail consignment arrangements
- Expanding distribution channels while maintaining inventory ownership until sale
- Establishing retail presence without traditional wholesale relationship costs