Art Consignment Agreement Location1980 1980 Placentia Ave. Costa Mesa, CA 92627 (949) 287-6023 www.location1980.com This Art Consignment Agreement (“Agreement”) is entered into by the undersigned Artist who is the lender of the below- named artwork, on the one hand (“Lender”) and Jesse Fortune, an Individual, (also known as “Location1980”). TRANSPORTATION AND PACKING The Lender certifies that the objects are in good condition and will withstand ordinary strains of packing and transportation. Lender shall be responsible for shipping artwork to and from Location1980 and shall arrange for and pay for insurance during transportation. After the event, but no later than Sept, 25th, 2017 at 9pm PST, all Artwork will be made available for pick-up from Location1980 packed in the same or similar materials as received. If artwork is not picked up within sixty (60) days after the end of the scheduled exhibition, the work shall be deemed an unrestricted gift to Location1980. INSURANCE AND LOSS Lender agrees that, in the event of loss or damage, Lender’s recovery shall be limited to such amount, if any, as may be paid by Location1980’s insurer, which may be less than the limits of insurance obtained by Location1980. Lender hereby releases Location1980 and its employees from liability for any and all claims arising out of such loss or damage to the extent not covered by insurance. At Location1980’s option, in the event of partial loss or damage, Location1980 may elect to compensate Lender for the cost of repair or restoration in or loss in fair market value in lieu of submitting an insurance claim. Notwithstanding anything to the contrary herein, in no event shall Location1980’s liability to Lender under the terms of this Agreement exceed One Hundred Dollars ($100). INSTALLATION Location1980 will place, install, light and provide signage for the artwork. Artists will be asked to assist in the event of unusual or complex installations. Supplies, equipment or props not part of the Location1980’s regular inventory must be supplied by the Lender. DAMAGE Objects will be visually inspected upon receipt and any noticeable damage will be documented. Evidence of damage to objects while in the Location1980’s custody will be reported immediately to Lender. Lender PRINTED Name of Artist:_____________________ Signature: _________________________________ Date: PUBLICITY Lender grants Location1980 the right to photograph and reproduce photographs of the artwork for educational and publicity purposes and for use in any materials, online or offline, produced in connection with the exhibition or Location1980. WITHDRAWALS Artwork cannot be withdrawn from an exhibition by Lender at any time during its scheduled exhibition. SALES Lender hereby consents to the sale of the artwork by Location1980 for the sale price indicated below (as may be revised by Lender in writing), and appoints Location1980 as Lender’s agent for such purpose. In the event sale proceeds are received directly by Lender, Lender agrees to send a check to Location1980 for 30% of the sales price within 10 days of receipt by Lender. In the event sale proceeds are received by Location1980, Location1980 agrees to send Lender a check for 70% of the sales price with 10 days of receipt of sale proceeds by Location1980. AGREEMENT Lender acknowledges that she/he has the full power to enter into and perform this Agreement and has read the conditions above and agrees to abide by said conditions. Lender certifies that Lender has unencumbered ownership of, and the power to sell, the below-named artwork. Any arrangements other than the above must be mutually agreed to in writing. NAME (OR DETAILED DESCRIPTION) OF ARTWORK AND PRICE: __________________________________________________ __________________________________________________ __________________________________________________ DATE OF SCHEDULED EXHIBITION: “Celebrating Ocean Life” on (9-1, 6pm-9pm PST. Artwork will remain on Exhibition at Location1980 through (9-25, 9pm), Location1980 PRINTED Name: Signature: _________________________________ Date: