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- Date of the Agreement:
- This agreement is between ____________________ (The Artist) and ____________________ (The Agent/Promoter)
- AGREEMENT made as of the _____ day of _____, 20__, between ____________________ (Hereinafter referred to as the "Artist"),
- and ____________________ (Hereinafter referred to as the "Agent"), with respect to the commissioning of an artwork
- and or the Reverse-Commissioning (Hereinafter referred to as "Work").
- Information about the Work:
- The Artist agrees to create and mint Work in the form of a Non-Fungible Token (NFT) on Rarible.com at the Artist's expense for
- the Agent.
- This NFT will be sold for Ethereum (ETH) on the Blockchain and the Artist takes on 100% of the related fees.
- The Artist will strictly enforce a maximum quantity of 11 per minting to retain rarity and value.
- Additional Minting of the same NFT are acceptable, but will require an additional contract
- Preliminary Design:
- The Date to approve the preliminary design must be completed no later than _____ day of _____, 20__.
- Delivery Date of Minting:
- The Date to approve the final minting must be completed no later than _____ day of _____, 20__.
- Presale Commission Fees: (If applicable)
- The standard for commissioned artworks is 50% upfront & 50% upon delivery of Work. All relative blockchain expenses will be
- paid by the Artist.
- Fee: __________ (ETH)
- Ownership Rights Post-Delivery:
- Full Ownership prevents the Artist from using the final Work in any future projects.
- If applicable, your fee pays for Full Ownership of the final Work to reproduce or showcase
- in any way you see fit without giving any credit to the Artist unless you choose.
- Fee: __________ (ETH)
- Referral Bonus:
- For every sale that is a direct referral to the Agent, The Agent will receive up to 45%, but no less than 40% of the sale as a
- direct payment to the Agent's ETH wallet within 72hours. Notification to the Artist and Proof is required to claim the bonus.
- Payment of Commission Work:
- ETH Payment to the Artist Wallet: ________________________________________ must be deposited before the start of the Work. All
- tx will be verified.
- Termination of Work:
- If the Agent does not approve the preliminary design, the Artist shall keep all payments made and the agreement shall
- terminate.
- The Artist may terminate this agreement in the event the Agent is more than 30 days late in payment; however, nothing herein
- shall prevent the Artist bringing suit based on the Agent's breach of contract.
- The Agent may terminate this agreement if the Artist fails without cause to complete the Work within _____ days of the delivery
- date stated herein.
- In the event of termination, the Artist agrees to return 90% of all payments made to the Artist for the work and the Artist
- takes full liability for all relative additional expenses, damages or claims.
- The Agent may terminate this agreement in the event the illness of the Artist causes a delay of more than _____ weeks, or if
- events beyond the Artist's control cause a delay of more than _____ weeks of the Delivery Date provided.
- The Artist shall retain all payments made pursuant to the above.
- This agreement shall automatically terminate on death of the Artist. The Artist's estate shall retain all payments made
- pursuant to the above.
- Termination of any kind will be made in writing or digitally signed with a name and ETH address.
- Ownership, Copyright and Privacy:
- Title of the Work remains with the Artist until the Artist is paid in full.
- If the Artist terminates this contract, the rights to the Work remain with the Artist and the Work may be sold to another
- customer.
- The Agent shall relinquish all rights and is prohibited from using any preliminary designs without prior consent by the Artist.
- If the Work is terminated by the Agent in the event of an illness or event beyond the control of the Artist or Agent, the Agent
- will own the Work in whatever degree of completion and shall have the right to complete, exhibit and sell the Work if the Agent
- so chooses. The Agent has the right to keep the preliminary Work in order to complete the project.
- The Artist reserves the rights of reproduction and all copyrights to the Work, the Preliminary Designs and any incidental Work
- made in the creation of the Work.
- The Artist shall receive authorship credit in the event of any reproduction of the Work unless specified above under "Ownership
- Rights Post-Delivery".
- The Agent gives to the Artist permission to use the Agent's name, picture, portrait, and photograph, including but not limited
- to exhibition, display, advertising, trade, and editorial uses without violating the Agent's right of privacy.
- The Artist shall have the right to access Work for 3 months, for exhibition or other events, at no cost to the Agent.
- The Artist will give the Agent prior notice if the Work is needed for exhibition or event.
- Authorization and Signatures:
- All Authorization must be signed by both parties digitally with both their name and ETH wallet address.
- Artist: ____________________ Address: ____________________ Date: _____ day of __________, 20_____.
- Agent: ____________________ Address: ____________________ Date: _____ day of __________, 20_____.
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