Coreon Art Moa
Coreon Art Moa
Coreon Art Moa
Mare,
-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
Tagaytay BJMP :
buyers.
-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)
• 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.
• 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.
• 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:
• 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.
• 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.
• 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.
• The Gallery shall pay the Artist all proceeds due to the Artist within thirty days of
sale.
• The first proceeds received by the Gallery shall be paid to the Artist until the
Artist has been paid all proceeds due.
Signatures:
On _______________________ (date)
On _______________________ (date)
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
• Title
• Location
Signatures:
On _______________________ (date)