Artist Consignment Agreement
The undersigned (“Artist”) hereby lends to Mahogany Gallery (“Gallery”) the artwork (“Work”) listed below (in “Artwork Inventory”) subject to the terms and conditions set forth in this loan agreement.
Exhibition Details
Exhibition Title: black humanity now: A nation speaks
Artist: jawaune johnson
Date: August 12, 2021
End Date: November 30, 2021
Loan Agreement
I. Agreement
1. Consignment period between Artist and Gallery:
Commencing one week prior to opening night and ending one week after the specified end date.
2. Gallery’s commission on artwork and other creative and merchandise sales is 30%. Artist will be guaranteed 70% from their sales. The Artist will receive a check from Mahogany Gallery for the art sales within 30 days from the exhibition closing.
3. Artist is responsible for shipping/delivering the Work to the Gallery, including ensuring the Work for risk of loss or damage during shipment/delivery. Gallery shall assist in the shipping and delivering of the work, if needed and able to.
4. Artist is responsible for shipping/retrieving the Work from the Gallery, including insuring the Work for risk of loss or damage during shipment/retrieval.
5. Gallery will return any unsold Work to Artist within 60 days of the termination of the consignment period, unless otherwise agreed to by both parties.
6. Gallery is not responsible for Work left after 60 days of termination of the consignment period, unless other arrangements have been made with Mahogany Gallery to hold the Work after the consignment period.
7. Artist may not remove Work from the premises during the consignment period.
8. Work that is sold during the show will be marked as sold but remain on display for the duration of the show. Work will be transferred to buyer at the completion of the show, upon full payment.
II. certificate of authenticity
1. if artist’s work sells, the buyer shall receive a certificate of authenticity, either from mahogany gallery or from the artist. if recieved from artist, the certificate shall indicate works being sold at mahogany gallery, date of sale to also be specified on the certificate.
II!. Insurance
8. Mahogany Gallery will insure the collective body of work, and individual pieces, for any loss or damage while the Work is in the Gallery’s possession.
9. If Artist chooses to maintain his/her own insurance, Artist must instruct his/her broker to provide the Gallery with either a certificate of insurance with Mahogany Gallery as listed venue or a waiver of subrogation made out in favor of the Gallery and each additional venue.
IV. Image Release
10. Gallery may photograph the Work to be used for promotions of the exhibition, for documentation and archive purposes, and for Gallery’s promotion of its exhibition programming. Gallery may share the images of artwork with press and other affiliates connected with the promotions of the exhibit and the Gallery in general.
11. Title of the Work will be listed and Artist credited for the artwork when images of the artwork are used in any platform and format.
12. Gallery and its affiliates may obtain pre-existing images of the Work from third parties if necessary to use in ways mentioned above.
V. Care
13. Gallery will exercise the same care with respect to the Work as it does with respect to comparable property of its own. The Work WILL NOT be unframed, removed from mats, mounts or bases unless permission is granted by the Artist. Gallery may add additional hardware to ensure the security of the Work during installation. The Gallery may replace faulty pre-existing screws, nails or hanging hardware to ensure the security of the Work being installed. Gallery WILL NOT make intrusive additions to the frame and Work, such as drilling, adding screws, nails, hangers, without the permission of the Artist.
14. Gallery will not undertake any conservation or preservation treatment or otherwise alter the Work without prior consent of the Artist except in the case of an emergency requiring immediate intervention to prevent serious damage to the Work or any other work of art. In the event that the Work is altered in any way, Gallery will notify Artist immediately by telephone and subsequently in writing. The expense of conservation or preservation treatment, including but not limited to framing, will be the responsibility of the Artist, and can be deducted from Artist’s commission.
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ACCEPTED WORKS:
history happens at once
Acrylic, ink on canvas
24 in. x 24 in.
$950
2. the death of saints & sinners
Digital print
24 x 24
$580