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Consignment Sales Agreement
"I need a Consignment Sales Agreement under Swiss law for my luxury watch business, where we'll be consigning timepieces worth over CHF 500,000 to high-end retailers across Europe, with special emphasis on security requirements and commission structures based on sales thresholds."
1. Parties: Identification of the Consignor and Consignee, including full legal names, addresses, and registration details
2. Background: Context of the agreement, nature of the parties' businesses, and general purpose of the consignment arrangement
3. Definitions: Definitions of key terms used throughout the agreement
4. Appointment and Scope: Terms of appointment of the Consignee and scope of the consignment arrangement
5. Delivery and Storage: Terms regarding delivery, storage, and handling of consigned goods
6. Title and Risk: Provisions clarifying that title remains with Consignor until sale, and allocation of risk
7. Pricing and Commission: Structure of pricing, commission rates, and payment terms
8. Sales Procedures: Required procedures for selling consigned goods and handling customer transactions
9. Accounting and Reporting: Requirements for accounting, inventory management, and regular reporting
10. Returns and Unsold Goods: Procedures for handling returns and disposition of unsold goods
11. Insurance: Insurance requirements for consigned goods
12. Term and Termination: Duration of agreement and termination provisions
13. Governing Law and Jurisdiction: Specification of Swiss law as governing law and jurisdiction for disputes
1. Marketing and Promotion: Requirements for marketing and promoting the consigned goods, used when specific promotional activities are expected
2. Exclusivity: Terms regarding territorial or customer exclusivity, included when exclusive rights are granted
3. Minimum Performance Requirements: Sales targets or other performance metrics, included when specific performance levels are required
4. Data Protection: Provisions regarding handling of customer data, required when personal data processing is involved
5. Intellectual Property: IP rights and usage terms, included when branded goods or proprietary materials are involved
6. Force Majeure: Provisions for unforeseen circumstances, recommended for longer-term arrangements
7. Anti-Corruption: Compliance with anti-corruption laws, important for international arrangements
8. Bank Guarantee: Terms for bank guarantee or other security, used when additional financial security is required
1. Schedule 1 - Consigned Goods: Detailed list of consigned goods with descriptions and specifications
2. Schedule 2 - Commission Structure: Detailed breakdown of commission rates and calculation methods
3. Schedule 3 - Operating Procedures: Detailed procedures for handling, storing, and selling consigned goods
4. Schedule 4 - Reporting Templates: Templates for required regular reports and accounting statements
5. Schedule 5 - Storage Requirements: Specific requirements for storage and handling of consigned goods
6. Appendix A - Insurance Requirements: Detailed insurance requirements and minimum coverage levels
7. Appendix B - Quality Standards: Quality standards and inspection procedures for consigned goods
Authors
Applicable Laws
Business Day
Commission
Consigned Goods
Consignment Location
Consignment Period
Consignment Stock
Consignor's Property
Customer
Delivery
Effective Date
Force Majeure Event
Gross Sales Price
Initial Term
Intellectual Property Rights
Inventory Report
Invoice
Loss
Minimum Sales Price
Net Proceeds
Operating Procedures
Payment Period
Performance Targets
Permitted Sales Channel
Point of Sale
Quality Standards
Renewal Term
Reporting Period
Returns
Sales Report
Sales Terms
Storage Facilities
Storage Requirements
Territory
Trade Fixtures
Unsold Goods
VAT
Working Hours
Title Retention
Delivery and Acceptance
Storage and Handling
Risk and Insurance
Sales Authorization
Pricing and Commission
Payment Terms
Reporting and Accounting
Inventory Management
Returns and Unsold Goods
Quality Control
Representations and Warranties
Liability and Indemnification
Confidentiality
Data Protection
Intellectual Property
Force Majeure
Term and Duration
Termination
Post-Termination Obligations
Assignment and Subcontracting
Notices
Compliance with Laws
Dispute Resolution
Governing Law
Entire Agreement
Severability
Amendments
Waiver
Third Party Rights
Costs and Expenses
Authority
Anti-Corruption
Insurance
Record Keeping
Audit Rights
Competition Law Compliance
Retail
Luxury Goods
Fashion and Apparel
Art and Antiques
Electronics
Automotive Parts
Industrial Equipment
Sporting Goods
Jewelry
Home Furnishings
Agricultural Products
Consumer Goods
Publishing
Legal
Commercial
Finance
Operations
Supply Chain
Retail Operations
Compliance
Procurement
Business Development
Logistics
Inventory Management
Sales
Risk Management
Commercial Director
Sales Manager
Retail Operations Manager
Supply Chain Manager
Legal Counsel
Finance Director
Inventory Manager
Business Development Manager
Procurement Manager
Compliance Officer
Contract Administrator
Chief Financial Officer
Chief Operating Officer
Retail Store Manager
Logistics Manager
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