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Sales Agreement
Below is a copy of the sales agreement between the seller/artist Johan Stockwell and the purchaser and will become effective on the signature of all parties incuding witnesses. 1. DESCRIPTION OF WORK. All works sold will be properly described in the Certificate of Title that will accompany the artwork with the Bill of Sale. 2. PAYMENT. The Artist shall sell the Work to the Purchaser, subject to the conditions herein, for a price agreed on by both parties. The Purchaser shall also pay all applicable taxes, packing & shipping costs. 3. INSURANCE, SHIPPING, AND INSTALLATION. The Artist agrees to keep the Work fully insured against fire and theft until delivery to the Purchaser. In the event of a loss caused by fire or theft, the Artist shall use the insurance proceeds to recommence the making of the Work. The Work shall be shipped F.O.B. Artist’s studio at the expense of the Purchaser to the purchaser's elected address. 4. ARTIST’S RIGHTS.
5. NOTICES AND CHANGES OF ADDRESS. All notices shall be sent to the addresses noted above. Each party shall give written notification within sixty (60) days of any changes of address. 6. NO ASSIGNMENT OR TRANSFER. Neither party hereto shall have the right to assign or transfer this agreement without the prior written consent of the other party. 7. HEIRS AND ASSIGNS. This agreement shall be binding upon the parties hereto, their heirs, successors, assigns, and personal representatives, and references to the Artist and the Purchaser shall include their heirs, successors, assigns, and personal representatives. 8. SEVERABILITY. If any part of this Agreement is held to be illegal, void, or unenforceable for any reason, such holding shall not affect the validity and enforceability of any other part. 9. GOVERNING LAWS. The validity of this agreement and of any of its terms, as well as the rights and duties of the parties under this agreement, shall be governed by the laws of the State/Country of domicile of the owner. |
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