GENERAL TERMS AND CONDITIONSGeneral Terms and Conditions • May 29th, 2021
Contract Type FiledMay 29th, 2021The Company agrees to place Consignor's merchandise in store for sale. The Company will remit 40% of the selling price to the Consignor for items valued at 100 Bermuda dollars or less, 50% for items value over 100 Bermuda dollars and 60% for items valued over 500 Bermuda dollars. Acceptance of merchandise for sale is at the sole discretion of Orange Bay Company. The Consignment Contract will remain in effect for all merchandise consigned. Consignor understands that, while Orange Bay Company agrees to use its best efforts to obtain a sale of the consigned merchandise, there is no guarantee a sale will occur.