Consignment Agreement

Please read the terms and conditions below before signing the agreement.

Consignor Contract

Please read the terms and conditions below before signing the agreement.

Our Procedures:

1. Inventory: Upon receiving consignment items, Consignor shall receive an itemized list of all consigned items. Consignor can choose to have unaccepted items donated immediately, local pickup, or shipped back at consignor’s expense.

2. Pricing: Consignee agrees to sell Consignor’s items and share in any profits from the sales of such items. Consignee shall determine pricing on all consigned items using our pricing guidelines and ribbon system for item condition.

3. Payment: In a cash disbursement, Consignee will collect a 40% commission on all items sold. In a store credit disbursement, Consignee will collect a 35% commission on all items sold. 

When a consigned item sells, Consignor will receive payment the month following the date of the sale. (For example, if a consigned item sells on May 1st, the Consignor will receive payment on June 1st.) Payouts are by PayPal or store credit. 

Please ensure that the email address in your profile is associated with your PayPal account.

4. Discounts: All items are consigned for a period of 90 days. During this period, Consignee reserves the right to discount unsold items in order to facilitate a sale. All consigned goods will decrease price through incremental reductions.

5. Unsold Items: If items remain unsold after 90 days, Consignee reserves the right to discount the items at their discretion and/or remove them from the inventory. Consignor is solely responsible to keep track of the Consignor Contract expiration date. Unsold goods shall be picked up prior to the Contract expiration date. Any unsold item that remains in Ride EquiStyle after expiration of the Contract becomes the property of Ride EquiStyle and may be disposed of as Ride EquiStyle sees fit, including but not limited to donation to a charity. Consignor to schedule pickup of items so they can be pulled in advance.

6. Early Pick-Up: Any items that is picked up by the Consignor before the end of the 90 days of the agreement, a fee of $10 per item and any cleaning fees associated to the items will be charge to the Consignor.

7. Cleaning: All items must be clean when consigned. If cleaning is required during the duration of consignment, associated fees will be deducted from proceeds.

8. Unacceptable Items: Ride EquiStyle reserves the right to reject any items for any reason for resale. Items must be in good to new with tags condition to be accepted on consignment with the condition to be determined at Consignee’s discretion. Consignors sending potential consignment items by mail, or other means have the option, when such items are deemed unacceptable, of having items returned to Consignor at Consignor’s expense. Consignors who choose not to pre-pay for return fees, forfeit all rights, title and interest in such items, which shall be disposed at the sole discretion of Ride EquiStyle.

9. Warranty: Consignor warrants and agrees that the items to be consigned are owned by Consignor and that there are no liens, judgements, or other encumbrances against the ownership, including all right of sale or transfer of the consigned terms.

10. Risk of Loss: Damage or loss of items in shipping to Consignee are the risk of the Consignor. Consignor is responsible for purchasing and securing such insurance. Consignee only assumes possession and, therefore, risk of loss of items once received by Consignee. If loss or damage occurs, Consignee will only be responsible for either the cost of repair or the pre-determined consignor commission percentage of the sale of the item. This decision will be made by the consignee and the consignor will be notified.

11. Assignment: No party may assign or transfer this Agreement without the prior written consent of the other party.

12. Mediation: In the event of a dispute between the parties to this Agreement, the parties agree to participate in confidential mediation, with a meditator agreed to by both parties, before filing any lawsuit. The parties agree to share equally the costs of mediation.

13. Default: If breach of the terms and condition of this Agreement occurs by one party, the other party shall have the option to terminate this Agreement. On any breach, the other party shall have the right to recover expenses and costs within the parameters of the attorneys’ fees paragraph below.

14. Attorneys Fees: In the event that suit or arbitration is brought under or in connection with this Agreement or to enforce the Agreement, the prevailing party shall be entitled to recover from the losing party reasonable attorneys' fees, costs and expenses incidental to any such proceedings, including reasonable attorneys fees incurred in collecting any judgment awarded as a result of liability established pursuant to this Agreement.

15. Voluntary: Each party fully understands the terms and conditions of this agreement and voluntarily enter into the same and believe its terms to be fair, just, adequate and reasonable.

16. Severability: The illegality or unenforceability of any provision of the Agreement of any instrument or agreement required hereunder shall not in any way affect or impair the legality or enforceability of the remaining provisions of this Agreement.

17. Governing Laws and Venues: This Agreement shall be governed by the laws of the State of North Carolina. Any legal action commenced to enforce or interpret this Agreement shall be brought in Wake County, North Carolina. The parties hereto consent to both venue and jurisdiction in Wake County, and any attempt to pursue legal action in any other state shall be void for lack of jurisdiction in that foreign court.

NOTICE TO CONSIGNOR:

CONSIGNOR SHALL INDEMNIFY, RELEASE, DEFEND, AND HOLDS HARMLESS FOREVER Ride EquiStyle, its officers, directors, shareholders, employees, successors and assigns from any and all claims and liabilities, of whatsoever kind (including but not limited to attorneys’ fees), arising from or connected to the consigned goods. Ride EquiStyle shall use all conventional safeguards in the handling and displaying of consigned goods but has no legal responsibility for items left on consignment.

By creating a consignor account, you are agreeing to all terms and conditions.