CONSIGNMENT AGREEMENT: example of a form that may be used to document an agreement for a consignee to sell and distribute a manufacturer’s merchandise. This particular agreement anticipates that the consignee remits the gross sale proceeds to the principal, with an accounting, (paragraph B) and that the principal pays the consignee a commission, on the prior period sales (paragraph C).
A more usual arrangement would be for the consignee to remit net proceeds, retaining the commission portion. The form is easily amended by eliminating paragraph C and adding after the words "sale of goods" in paragraph B the following language: ",net of commissions for such sales in accordance with the commission schedule set forth in Exhibit ________, which is attached to this agreement." (Instructions on the form also.)Download and customize.
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