CONSIGNMENT SALES AGREEMENT ________________, referred to as SELLER, and _______________, referred to as CONSIGNMENT MERCHANT, agree: ________________ consigns to _______________ the following goods: _______________________________________________________________ The title to the same shall remain at all times until a bona-fide sale in the owner of the consigned goods. OWNER may recall and take possession of the consigned property at any time. CONSIGNMENT MERCHANT shall sell the goods consigned to it by SELLER at a price not below the following minimums, all sales being for cash or cash equivalents: $________(_____________&___/100 Dollars) As compensation for sales made, CONSIGNMENT MERCHANT shall receive a commission of ____% per sale. CONSIGNMENT SELLER shall provide an accounting, under oath, or otherwise verified, every _______ to OWNER, each accounting being accompanied by payment in full for all sums due. Should any sums not be paid when due, then OWNER shall have the right, but not obligation, to repossess all merchandise of OWNER's in CONSIGNMENT SELLERS possession. All sums due, but unpaid, shall bear interest at the highest legal rate applicable. CONSIGNMENT SELLER shall permit an audit by representatives of ________________ of all of its books and records, together with a physical inspection of the premises and inventory of goods at such times as OWNER may desire. CONSIGNMENT seller herewith grants a lien to OWNER in the proceeds of the sales of OWNER's goods. This agreement is for "sale or return." CONSIGNMENT SELLER shall have ________ from the date of delivery of the consigned goods to either sell or pay for the goods, or return the same. Should CONSIGNMENT SELLER fail to pay or return the same within such time period, then the goods shall be deemed to be purchased by CONSIGNMENT SELLER, and shall be paid for within ___ days, net. Freight for return shall be paid by the CONSIGNMENT SELLER. OWNER shall have the right to designate the carriers. The same shall be shipped insured for the value of the goods. Dated: FOR ___________________: _______________________________________________ FOR ___________________: _______________________________________________