Form of Art Purchase Agreement Sample Contracts

FORM OF ART PURCHASE AGREEMENT
Form of Art Purchase Agreement • May 12th, 2020 • Masterworks 013, LLC • New York

THIS art purchase AGREEMENT (“Agreement”) is made and entered into this ___ day of May, 2020 (the “Effective Date”), by and between , with an address at , (“Seller”), and Masterworks Gallery, LLC, with an address at 497 Broome Street, New York, New York 10013 (“Agent”). Seller is engaged in the business of the purchase and sale of works of art. Seller is acting as agent on behalf of the sole legal and beneficial owner (“Owner”) of the work of art described on Exhibit A attached hereto and incorporated herein by this reference (the “Work”), and has the authority to sell the Work on behalf of Owner. Agent is acting as agent on behalf of Masterworks 013, LLC (“Buyer”), and has the authority to buy the Work on behalf of Buyer. Seller, on behalf of Owner, has agreed to sell the Work to Buyer, and Agent, on behalf of Buyer, has agreed to buy the Work from Seller, on the terms and conditions set forth in this Agreement. In consideration of the mutual promises contained in this Agreement, the

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FORM OF ART PURCHASE AGREEMENT
Form of Art Purchase Agreement • April 24th, 2020 • Masterworks 012, LLC • New York

THIS art purchase AGREEMENT (“Agreement”) is made and entered into this ___ day of April, 2020 (the “Effective Date”), by and between Art 888 Limited, with an address at Unit 1903-194, C C Wu Building, 302-308 Hennessy Road, Wanchai, Hong Kong, (“Seller”), and Masterworks Gallery, LLC, with an address at 497 Broome Street, New York, New York 10013 (“Agent”). Seller is a private art collector and is the sole legal and beneficial owner (“Owner”) of the work of art described on Exhibit A attached hereto and incorporated herein by this reference (the “Work”), and has the authority to sell the Work. Agent is acting as agent on behalf of Masterworks 012, LLC (“Buyer”), and has the authority to buy the Work on behalf of Buyer. Seller has agreed to sell the Work to Buyer, and Agent, on behalf of Buyer, has agreed to buy the Work from Seller, on the terms and conditions set forth in this Agreement. In consideration of the mutual promises contained in this Agreement, the parties agree as follows

FORM OF ART PURCHASE AGREEMENT
Form of Art Purchase Agreement • June 24th, 2020 • Masterworks 014, LLC • Retail-retail stores, nec • New York

THIS ART PURCHASE AGREEMENT (“Agreement”) is made and entered into this 24th day of June, 2020 (the “Effective Date”), by and between High Fashion Concepts, LLC, a New York limited liability company with an address at 390 Park Avenue, Ste 1610, New York, NY 10022-4608 (“Seller”), and Masterworks Gallery, LLC, a Delaware limited liability company with an address at 497 Broome Street, New York, New York 10013 (“Agent”). Seller is the sole legal and beneficial owner (“Owner”) of the work of art described in the condition report on Exhibit A attached hereto and incorporated herein by this reference (the “Work”), and has the authority to sell the Work. Agent is acting as agent on behalf of Masterworks 014, LLC (“Buyer”), and has the authority to buy the Work on behalf of Buyer. Seller has agreed to sell the Work to Buyer, and Agent, on behalf of Buyer, has agreed to buy the Work from Seller, on the terms and conditions set forth in this Agreement. In consideration of the mutual promises con

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