Coreon Art Moa

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August 9, 2019

Mare,

Pakiayos naman please.

The MOU is between Tagaytay BJMP with address at


________________,and duly represented by ____________ and
Coreon Gate Polaris, with address at______________, and duly rep-
resented by______________________.

Coreon Gate Polaris :


-shall provide the venue of the exhibit for the paintings/artworks of
Tagaytay BJMP inmates, for the period of one month, from
___________ to ____________.

-shall help in the promotion of the said event as soon as the MOU is
signed.

-shall sell the works with 30% mark up from the price/s submitted by

The Tagaytay BJMP.

Tagaytay BJMP :

-shall assign an artworks coordinator to attend to inquiries, and assist

buyers.

-Cash transactions only. A certificate signed by the artist will be given


to the buyer. Only acknowledgement/donation form will be issued.

-30% of the total sales for the day will be remitted to Coreon Gate.

-Net of 30% of the sales for the day will be released to Tagaytay BJMP

artworks coordinator
MEMORANDUM OF UNDERSTANDING

• Date of the Agreement (include day, month and year):
• This agreement is
between ________ (the Artist) and ____________ (the Gallery)

• AGREEMENT made as of the ____day of _________, 20____, between


________________________________(hereinafter referred to as the “Artist”),
located at _____________________(the city and state, the country if necessary),
and ________________________________ (hereinafter referred to as the
“Gallery”), located at ________________________________ (the city and state,
the country if necessary) with respect to artistic representation as stated in this
agreement

SCOPE OF THE GALLERY

• The Artist appoints Gallery to act as the artist’s ____ exclusive (or) ___
nonexclusive agent in the following geographic area
______________________________ for the exhibition and sales of artworks in
the following media:
 _____________________.

• The Gallery shall document receipt of all works consigned hereunder by signing
and returning to the Artist a Record of Consignment in the form annexed to this
contract as Appendix A.

Initialed by __________________________ The Artist and


__________________________ Gallery.

TERMS AND TERMINATION

• This agreement shall last for a term of ____years.

• This agreement and will be terminated by either party giving sixty days written
notice to the other party.

• This Agreement shall automatically terminate with the death of the Artist; the
death or employment of the Gallery dealer (name specifically) elsewhere; if the
Gallery moves outside the area of ___________________; or the Gallery
becomes bankrupt or insolvent.

• On termination, artworks consigned shall immediately be returned to the Artist


(or estate) at the expense of the Gallery.

Initialed by __________________________ The Artist and


__________________________ Gallery.
EXHIBITIONS• Detailed list of schedule of exhibitions (number of solo
exhibitions, etc) and frequency of exhibitions both within and outside Gallery:


• Detailed list of number of exhibitions of Artist’s work in group shows both within
and outside the specified Gallery:


• Detailed list for scheduled exhibitions (if there is only one exhibition for
nonexclusive representation, list it here. Include dates and hours of operation:


• Detailed list of who pays for what for exhibition expenses, and other Gallery
expenses such as transportation of the Artwork including insurance and packing,
advertising, catalogs, announcements, framing, special installation requirements,
opening reception costs, shipments to buyers, transportation of the work back to
the Artist at the end of the exhibition, and if the work remains at the gallery after
the exhibition has finished:


• Detailed list of responsibilities for photographing the work and who gets copies
and originals:


• Detailed list of who retains ownership of frames, photographs, negatives and


any other tangible property after the exhibition:


• The Artist has artistic control over the exhibition and the artwork:


• The Artist has must approve quality of reproduction of the work for promotional
and advertising purposes.

• No shared expenses should be incurred by either party until there is prior


written consent of the other party as to the amount of the expense.

Initialed by __________________________ The Artist and


__________________________ Gallery.

COMMSIONS, PRICES, AND PAYMENTS• Commission percentage of the retail


price of each work retained by The Gallery after the sale of each work:


• Commission percentage of the retail price of each work retained by The Gallery
after the sale and receipt of payment of each work:


• If this agreement is for exclusive representation, The Artist agrees to give ____
percentage of all sales of work by The Artist’s (from the Artist’s studio or outside
the Gallery) to The Gallery.

• Detailed information as to whether commissions for Work count as studio sales


requiring a percentage to the Gallery:


• Gallery agrees to sell the Artist’s works at the retail prices shown on the Record
of Consignment, subject to the Gallery’s right to make customary trade discounts
to select purchasers such as museums and collectors.

• Maximum percentage of discount the Gallery is allowed to use:


• The Gallery shall pay the Artist all proceeds due to the Artist within thirty days of
sale.

• No sales on approval or credit should be made without the written consent of


the Artist unless under the following conditions:


• The first proceeds received by the Gallery shall be paid to the Artist until the
Artist has been paid all proceeds due.

Initialed by __________________________ The Artist and


__________________________ Gallery.

• This Agreement shall be governed by the laws of the State of ______________.

Signatures:


Signed by __________________________ (The Artist)

On _______________________ (date)

and __________________________ (The Gallery)

On _______________________ (date)

Gallery Address:
 ___________________________________________

Attach the following Appendix A & B:


APPENDIX A: RECORD OF CONSIGMENT

This is to acknowledge receipt of the following works of art on consignment:


Title Medium Description Retail Price

________________________________________________________________

________________________________________________________________

________________________________________________________________
________________________________________________________________

The following works remain on consignment with the Gallery:


• Title

• Location

Signatures:


__________________________ (The Gallery)

On _______________________ (date)

Gallery Address:
 ___________________________________________

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