ContractConsignment Agreement • May 5th, 2020
Contract Type FiledMay 5th, 2020<DOCUMENT> <TYPE>EX-10.32 <SEQUENCE>10 <FILENAME>l93497aex10-32.txt <DESCRIPTION>EX-10.32 <TEXT> <PAGE> Exhibit 10.32 ------------- CONSIGNMENT AGREEMENT CONSIGNMENT AGREEMENT ("AGREEMENT") made as of January 31, 2002, by and between SOVEREIGN PRECIOUS METALS, LLC, a Pennsylvania limited liability company, with its principal office at 15 Westminster Street, Providence, Rhode Island 02903 ("Consignor"), and MICHAEL ANTHONY JEWELERS, INC., a Delaware corporation with its principal office at 115 South MacQuesten Parkway, Mount Vernon, New York 10550 ("Consignee"). Consignee has requested Consignor to deliver Precious Metal (as defined herein) on consignment for sale to Consignee. To effectuate this arrangement, Consignor and Consignee agree that the Consignment Agreement governing this arrangement is stated as follows: 1. DEFINITIONS. For the purposes of this Agreement: "ABN" shall mean ABN AMRO Bank, N.V., New York Branch and any legal successor in interest thereto. "BASE RATE" shall mea