c.
Consignee shall be responsible for any loss of or damage to merchandise while it is under
[HIS OR HER] control.
4.
SALE OF MERCHANDISE
a.
Consignee shall devote [HIS OR HER] best efforts to the sale and distribution of principal’s
merchandise throughout the territory referred to above.
b.
All sales made by consignee shall be for cash. Credit sales may be made by consignee on
written authority only, and on terms which principal may approve prior to such sales.
c.
All sales prices shall be fixed by principal.
d.
Consignee shall not sell principal’s merchandise at less than the authorized prices, which
prices will be reflected in price schedules that will be furnished to consignee from time to
time.
5.
MONTHLY STATEMENTS; COMPENSATION
a.
Consignee shall furnish principal with monthly statements indicating all sales transactions
during the preceding month and the extent of current inventory. Such statements shall be
received by principal no later than the [SPECIFY] day of each month.
b.
With the monthly statement, consignee shall remit to principal all monies received by [HIM
OR HER] from the sale of goods, [IF APPROPRIATE, ADD: TOGETHER WITH SIGNED RECEIPTS
OR BILLS OF LADING FOR CREDIT SALES].
c.
As soon as practicable after the [SPECIFY] day of each month, principal shall render a written
statement to consignee showing sales during the preceding month, and shall remit to
consignee net commissions for such sales in accordance with the commission schedule set
forth in Exhibit A, which is attached to this agreement.
6.
MANAGEMENT OF CONSIGNEE’S BUSINESS
a.
Consignee shall have entire charge of the management and operation of [HIS OR HER]
business; [HE OR SHE] shall furnish all equipment and vehicles, and hire and pay the wages
of all assistants and employees required for the operation of [HIS OR HER] business.
b.
Principal reserves no supervision or control over consignee in the facilities, employees, and
methods to be used and employed by consignee in carrying out the purposes of this
agreement, and shall in no event be responsible for negligence of consignee or consignee’s
employees.