Treaty Sale Agreement Sample Contracts

CERTAIN CONFIDENTIAL PORTIONS OF THIS EXHIBIT HAVE BEEN OMITTED AND REPLACED WITH “[***]”. SUCH IDENTIFIED INFORMATION HAS BEEN EXCLUDED FROM THIS EXHIBIT BECAUSE IT IS (I) NOT MATERIAL AND
Treaty Sale Agreement • September 29th, 2022 • Masterworks 038, LLC • Retail-retail stores, nec • Hong Kong

This letter agreement (the “Agreement”) confirms the terms on which you grant to [***], the exclusive right to offer and sell the Property by private treaty for a period of three (3) months from the date you sign this Agreement (“Consignment Period”). References to “Masterworks,” “you” and “your” mean the Consignor named above.

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