Consignment Agreement

This agreement is made between you, ________________________________________, (Consignor) and Great Lakes Tack, LLC (Consignee). The Consignor and Consignee acknowledge and agree that the consignor has provided goods described that meet all quality conditions listed below. These items are being placed for sale on a consignment basis, under the terms and conditions of this agreement:

The Consignor is the owner of all goods consigned to Consignee, the goods are saleable and/or free and clear of liens or other claims, and has the legal right to enter into this Consignment Agreement.

Consignee retains the right to accept or decline any item for consignment at their sole discretion and retains the right to display items for sale as they see fit. Items which are not accepted for consignment can be donated to 2Ride Again (a 501 c 3 charity), for which a tax deductible slip will be provided, or must be picked up within 1 week or drop off.

Consignor agrees to the following condition standards:

No stains, outdated styling, holes, missing buttons or hooks, loose buttons or hooks, broken zippers, pilling, fading, worn collar or hem edges, fuzzing sweaters or cotton knits, loose or torn hems, or torn seams.

Providing items that are freshly laundered, wrinkle free, and odor free.

Items in need of repair will be accepted with the understanding the selling price will reflect the need for repair.

All items must be in one of the following conditions: New with Tags, Nearly New, Excellent, Good w/ Minor Flaw (must note flaw in item description).

Consignee will accept the following items ONLY if they are NEW either with tags attached or sealed in original box/shrink wrapped packaging:

undergarments, socks, tights & hair accessories.

Consignee agrees to use its best efforts to sell the goods for cash for the benefit of the consignor.

Consignee will account to consignor for sales on or about the 15th of the following month for the previous month’s sold items.

In-store credit will be available on or about the 5th of the following month for the previous month’s sold items.

Consignee will determine the selling price of all items based on condition, brand, style, size and demand. If you have a minimum you will accept for the items being consigned you must notify us on the item list. We reserve the right to refuse the items if we do not feel we can obtain your asking price.

Consignee consignment fee is 20% of the minimum amount consignor is willing to accept for the item, less any processing fees (i.e. fees for sales via credit card which should not exceed 4%). The consignee will provide pricing guidance to assist and may price items according to market trends.

Consignee consignment fee is 15% of the minimum amount consignor is willing to accept for the item, if the consignor wishes to apply profits to in-store credit.

Contract period is 180 days. All unsold items must be picked up or re-consigned within 1 week from contact period unless a donation agreement is in place with 2Ride Again. One (1) attempt to contact consignor via the email and/or phone number on the contract will be made; if consignor does not pick up items within 1 week from contract period, Consignee becomes the owner of the item and has the right to dispose of item in the best way possible without any further notice.

It is the consignor's responsibility to maintain all records of consigned merchandise and call not less than once a month after the 5th to confirm sales, pickups, and contract termination.

Each time you submit a new item to Consignee, a new Item Information Form must be completed and you are entered into a new contractual agreement with Consignee.

Consignee does not mail checks or put credit on credit cards. All consignor monies will be paid through checks picked up at Consignee, in-store credit, PayPal, or CashMe – the Consignor bears the cost of any fees,.

Consignee is a broker and cannot buy insurance for inventory it does not own. We are careful and trustworthy, but assume no liability for fire, theft, vandalism, breakage, natural disaster or damage.

Consignee does not guarantee your items will sell whether expressed or implied.

Consignee may change these consignment terms to suit its business model without notice to Consignor.

Consignee shall have the exclusive right to market and sell the property described hereinabove. The Consignor agrees to allow a minimum of 90 days for each item to be available in the store before removing it from inventory or will pay $25 in processing fees for items 1-10 and for every 10 items consigned thereafter.

Should a consignor wish to close his/her account, he/she must provide a written request with a 1 week notice. If notice to close the account is given and item(s) is not picked up within 30 days, Consignee will donate the remaining items to 2Ride Again unless otherwise agreed upon in writing.

The terms and conditions of this contract will remain in effect until further notice or until a written notice is provided by either party to terminate per the terms above.

If any part of this agreement is adjudged invalid, illegal or unenforceable, the remaining parts shall not be affected and shall remain in full force and effect.

This agreement shall be binding upon the parties, and upon their heirs, executors, personal representatives, administrators and assigns. No person shall have a right or cause of action arising out of or resulting from this agreement except those who are parties to it and their successors in interest.

This agreement, including any attached exhibits and addenda, constitutes the entire agreement of the parties. No representatives or promises have been made except those that are set out in this agreement. The agreement may not be modified except in writing signed by all of the parties.

I, the consignor, have read and agree to the conditions and terms of this contract. I understand that Consignee has the right to decline consignment of any item it does not deem as meeting Consignee standards for any reason including those not listed in this document.

Consignor states and agrees that the description of the consigned item(s) is/are true and correct to the best of the Consignor’s knowledge and belief and further, that no undisclosed defects in such consignment are known to Consignor.

Consignor Signature	Consignee Signature
Dawn Simpson – Authorized Agent
Consignor Name – Print	Chris Daling – Authorized Agent
Address:	Kelsey Smith – Authorized Agent
5314 Port Sheldon Rd., Hudsonville, MI 49426 616.215.0915
616.813.0700 – Dawn Simpson dsimpson@greatlakestack.com
616-292-3787 – Chris Daling cdaling@greatlakestack.com
Phone #’s:	616.215.0915 - Jake Lemoine ksmith@greatlakestack.com
Office Use only:
Email address:
Paypal or CashMe address:
For the fastest payments – please provide your email address associated with a PayPal account or consider a CashMe account

Items

Accepted?	Item Name/ Item Description	Attribute(s) Size, color, width, etc.	Customer’s Asking Price	Our Consignee Price:	Date Sold:

Items

Accepted?	Item Name/ Item Description	Attribute(s) Size, color, width, etc.	Customer’s Asking Price	Our Consignee Price:	Date Sold: