Consignment Agreement for Dave’s Drum Shop Inc.

• a) Minimum consignment term is 2 weeks. You must leave the item at Dave’s Drum Shop Inc. for at least 2 weeks to give us a chance to sell it.
• b) Dave’s Drum Shop Inc. takes a commission of 25%. Dave’s Drum Shop Inc. agrees to sell the item(s) for the agreed upon price, unless consent to sell for a different price is given, verbally or otherwise, by consignor. If the item does not sell there will be no charge to consignor.
• c) Dave’s Drum Shop Inc. requires a price review after 4 weeks, if the item has not sold. We recommend reducing the price at this point by at least 10%.
• d) The consignor agrees to allow a 7 day return period after sale, whereby the purchaser has the right to return item for refund if hidden defect is found.
• e) Dave’s Drum Shop Inc. agrees to pay the consignor the stated amount no sooner than 3 calendar days after the item has cleared the 7 day return period.
• f) Consignor agrees to allow consigned item to be placed on layaway with deposit for 1 month. If purchaser is unable to complete the layaway, item is put back up for sale, and purchaser receives an in-store credit, less $20 transaction fee.
• g) Payment to consignor will be by cheque. Dave’s Drum Shop Inc. does not guarantee notification when consignment items sell; it is consignee’s responsibility to check in on the status of the consigned merchandise.
• h) It is the consignor's responsibility to notify of any change in contact information.

• a) This Agreement shall remain in force until either party decides to terminate following the two week minimum term. The consignor does so by coming in and removing the consigned merchandise or making arrangements to do so. Dave’s Drum Shop Inc. may terminate with notice to the consignor.
• b) If consignor doesn't remove consigned merchandise 2 weeks after written notice, Dave’s Drum Shop Inc. reserves the right to dispose of it and retain all proceeds.

• a) Dave’s Drum Shop Inc. operates a website called davesdrumshop.com. Consignment items are listed on the website as soon as we can create content and photographs. Dave’s Drum Shop Inc. does not guarantee a listing on davesdrumshop.com but will try to list items in a timely manner.
• Internet pricing may be higher than store pricing to cover fees associated with online sales and shipping costs, we still guarantee your net pricing that we agreed on.
• Dave’s Drum Shop Inc. also operates a Reverb.com presence to gain a wider audience. Pricing on these sites reflects additional charges for seller fee’s and other costs associated with selling on a third party websites. we still guarantee your net pricing that we agreed on.

• a) Dave’s Drum Shop Inc. is responsible for replacement loss, theft, fire and major damage to consigned items. Dave’s Drum Shop Inc. agrees to take all reasonable measures to ensure consigned items are protected from wear and tear. Consignor will not hold Dave’s Drum Shop Inc. responsible for any normal wear and tear.