Price and Commission. Cargill shall pay Producer for its DG in accordance with the terms set forth in Exhibit A. Producer shall pay Cargill a commission for its DG marketing as calculated in Exhibit X. Xxxxxxx shall deduct this commission as provided in Exhibit A.
Price and Commission. (CLAUSE 7) Clause 7 refers to the price set by the Artist for the sale of Works (Retail Price). The Artist must notify the Retail Price in writing to the Gallery. As the Gallery takes Works on consignment, the Artist retains ownership of the Works until they are sold. The Gallery sells Works as the Artist’s agent (i.e. the Gallery stand in the Artist’s shoes) and must therefore sell the Works for the Retail Price. Under clause 7.3, the Gallery must not discount (or xxxx-up) Works without the Artist’s prior written permission, as it is the Artist who is selling the Work to the purchaser through the Gallery. Another reason for a Gallery to obtain the Artist’s permission prior to discounting any Retail Price is that some artists may consider that “bargain pricing” affects the integrity of his/her artwork, with the result that the Gallery would infringe the artist’s moral rights if it acted without permission. If a Work is discounted, clauses 7.5 and 7.6 provide an alternative as to who bears the discount. Under clause 7.5, the discounting is shared between the Gallery and the Artist. Under clause 7.6, the discount is deducted from the Gallery’s commission and the Artist gets paid on the basis of the original Retail Price. Clause 7.4 and 7.7 provide for different commission rates for gallery sales or for sales of commissioned artwork if the Gallery obtained the commission on the Artist’s behalf. Importantly, the Gallery must understand that it will not be entitled to a commission for commissioned artwork negotiated directly between the Artist and the commissioner if the Gallery has a non-exclusive right to negotiate commissions on behalf of the Artist (see clause 3.3).
Price and Commission. 2.1 Only at the moment of the Good Artwork Delivery Confirmation or passed 14 (fourteen) days from the Delivery (the Artwork Sale), the ArtID Tokens on AO’s Wallet will be unlocked, deducted the commission due to the Company (the Commission) and AO can transfer / change ArtID Tokens freely.
Price and Commission. 6.1. The Artist must notify the Gallery in writing of the retail price of each Work (Retail Price).
Price and Commission. PLEASE NOTE: IN REGARD TO REAL ESTATE, COMMISSION AMOUNT, FORMAT, OR RATES ARE NOT FIXED BY LAW AND ARE DETERMINED BY EACH BROKER AND BROKER FIRM INDIVIDUALLY AND CAN BE NEGOTIATED BETWEEN THE FIRM & THE CLIENT.
Price and Commission. The hosting partner provides for:
Price and Commission
