Consignment Agreement

Consignment Agreement

Consignor agrees to place the items listed below on consignment with EFI, LLC to try to sell them under the terms of this agreement. EFI, LLC agrees to accept the items listed for consignment sale under the terms of this agreement.

EFI, LLC will inspect all of the items listed in this agreement, and will determine condition and functionality. EFI, LLC will write up the description and specifications necessary in order to offer the items for sale.

EFI, LLC will offer the items for sale at its West Virginia location, or at suitable trade shows, game fairs, etc. EFI, LLC will also advertise the items as it deems appropriate.

While the items are in the possession of EFI, LLC, EFI, LLC will be responsible for their care, and will insure the items for the net amount due to the Consignor as stated in this agreement.

When the items consigned are sold and final payment is made by the buyer, the Consignor will receive the net amount within 30 days.

The Consignor represents that they are the rightful owner of the items listed, and that the items are free of any encumbrance.

The Consignor agrees that, as EFI, LLC is required to complete all inspections and specifications, prepare the items for sale, and advertise the items, that the items consigned will be left on consignment with EFI, LLC for a minimum of 120 days. This agreement will continue indefinitely beyond the original 120 day period unless either party notifies the other of their intent to terminate it. Because a sale may be pending, or an advertisement just placed; the Consignor agrees to give thirty (30) days notice if the Consignor wishes to have items covered by this agreement returned.

While this agreement is in effect, Consignor agrees to grant the exclusive right to market and sell the items listed below to EFI, LLC.

If the Consignor decides to have consigned items returned, Federal Law requires that the Consignor fill all appropriate forms as if they were purchasing the firearms.

The consignment fee shall be 10% of the selling price of the item, with a minimum fee of $40 per item, and a maximum fee of $1000 per item. Fees for other services provided by EFI, LLC, (e.g. cleaning or repair) or for services provided by third-party vendors (e.g. auction listing fees) are additional and are not included in the consignment fee.

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EFI, LLC Rep (Print) Sign Date

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Consignor (Print) Sign Date

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Consignor Street Address City State Zip+4

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Consignor Telephone Number(s) Email

Last Updated: 01/01/2013