Agreement to Sell Works of Art

Agreement to Sell Works of Art

The following constitutes the entire agreement with respect to the sale by ________________________________ [Buyer's full name] ("Buyer") of sculptures, drawings and graphics created by  ________________________________ [Artist's full name] ("Artist"):

1. For a period of _________ years commencing on the date of this agreement, Buyer shall have the exclusive right, in any part of the world, to offer for sale and to authorize others to offer for sale, all items of art works created and owned by Artist. Artist shall initially deliver each such item of his work to Buyer at such location as may be designated by Buyer.

2. During the period of _________ years, Buyer shall have the exclusive right to arrange, and to authorize others to arrange, for the publication and/or sale, in any part of the world, of books and catalogues containing illustrated reproductions of the art work of Artist.

3. During the period of _________ years, Buyer shall arrange for exhibitions of Artist's works in the Cities of  __________________,  __________________  and such other places as the parties shall jointly determine. Buyer shall be responsible for all of the expenses of such exhibitions, including advertising and catalogue costs and insurance, and shall bear the entire cost of storing all items of Artist's work delivered to Buyer pursuant to this agreement.

4. The parties acknowledge that Artist has furnished to Buyer photographs of each item of Artist's works owned by Artist on the date of this agreement. The price at which Buyer shall offer each such item for sale shall not be less than the price set forth on the back of such photograph. The parties shall jointly determine the minimum sales price to be charged as to those art works to be created by Artist during the term of this agreement. Minimum prices may be changed from time to time in such manner as shall jointly be determined by the parties.

5. Upon the sale of any of the art works covered by this agreement, Buyer shall be reimbursed, from the actual net proceeds of sale, for any initial shipping cost advanced with respect to such item. In addition and as compensation for Buyer's services in effecting the sale of a particular work, Buyer shall be entitled to retain _____% of the balance of the net proceeds of the particular sale, as and for Buyer's commission for having effected such sale, with the remaining _________ percent of such balance, less any amounts otherwise due to Buyer under this agreement, to be paid to Artist on a quarterly basis.

6. This agreement shall be governed by and construed in accordance with the laws of the State of _________ and shall be binding upon and inure to the benefit of the respective executors, administrators, successors and assigns of the parties.

Dated _________.

Buyer:

________________________________
[Buyer's Signature]

________________________________
[Buyer's Printed Name]

Artist:

________________________________
[Artist's Signature]

________________________________
[Artist's Printed Name]