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WHEREAS Artist will create that certain work of art ("the work"):
Title: Exterior Stair Railings
Dimensions: To be determined
Media: Bronze
Year: 2000
WHEREAS the parties want the artist to have certain rights in the future economics and integrity of the work. The parties mutually agree as follows:
- SALE: Artist hereby creates the Work for the Purchaser at the agreed value of $_________.
- COSTS: Purchase price includes all costs, both direct and indirect, in creating the work and delivering the work to the Purchaser, including purchase of raw materials, model and moldmaking, casting and patinas, consumables, shop expenses, labor, packaging, shipping, installation and taxes. This does not include the initial design work.
- PAYMENT: This contract goes into effect upon the Artist recieving ______________________________ Dollars ($_______) which is considered to be the estimated total price of __________________________ dollars ($ _______) less the estimated casting costs of ________________________dollars ($__________) divided by two (2.) The Purchaser agrees to send the Artist the payment for the estimated casting costs of ______________________________dollars ($____________) when the Artist informs the Purchaser
that the Work is ready to be cast. The remaining sales price of ___________________ Dollars ($_________) shall be paid to the Artist upon completion of the work.
- PROGRESS REPORTS: Artist agrees to furnish the Purchaser with progress reports during the creation of the work, which can include pictures of the work in progress. The pictures may be digital images and sent by email. A progress report will be sent upon request by the purchaser, but no more frequently than once a week.
- OWNERSHIP: Upon final payment for the Work, the Purchaser becomes the legal owner of the Work with all rights and priviledges, with the exceptions noted below.
- REPRODUCTION RIGHTS: Artist retains all copyright rights and rights to reproduce the Work in all forms.
- NON-DESTRUCTION: Purchaser will not permit any intentional destruction, damage or modification of the work.
- RESTORATION: If the Work is damaged Purchaser will consult Artist before any restoration and must give Artist first opportunity to restore it, if practicable.
- NOTICE: The Artist has the right to put his name and the year of completion on the Work in a permanent fashion.Placement and size to be determined.
- EXPIRATION: This contract binds the parties, their heirs and all their successors in interest, and all Purchaser's obligations are attached to the Work and go with ownership of the Work, all for the life of The Artist and Artist's surviving spouse plus 21 years.
- ATTORNEY'S FEES: In any proceeding to enforce any part of this contract, the prevailing party shall be entitled to reasonable attorney's fees in addition to any available remedy.
- WARRENTY: The Artist is obligated to create the work in a professional and craftsman-like manner.
If, within 30 days after the sale is final,the Purchaser is not satisfied with the Work, the Artist will do what he can to fix the problem, and if that's not possible, the purchaser can return the work to the Artist and the final payment will be refunded.
- FUTURE RESPONSIBILITY: The Artist is not responsible for changes in the bronze due to climate, humidity, moisture, molds, infestation, stains, warping, shrinkage, expansion, corrosion or any other events that occur to bronze over time.
- ADDITIONS, SUBTRACTIONS AND CORRECTIONS:
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Date:__________________________________
Artist:___________________________________
Purchaser:________________________________
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