Consignment Agreement
(Pro-consignor)

Summary

This consignment agreement template can be used between a manufacturer or supplier of goods (consignor) and a party who will acquire the goods for resale (consignee). The template includes practical guidance, drafting notes, and alternate and optional clauses. This agreement has been drafted with terms that favor the consignor. Under a consignment arrangement, the consignee takes possession of the goods, but does not acquire title to the goods and is not obligated to pay for the goods until such time that the goods are sold or used by the consignee. Usually, any consigned goods that have not been sold after a designated time period will be returned to the consignor. For additional information and resources regarding consignments, see Consignment Agreements, Consignment Agreement Drafting Checklist (Consignor), Consignment Agreements Resource Kit and Supply of Goods Resource Kit. For a template agreement favoring the consignee, see Consignment Agreement (Pro-consignee).