Agent for the artist

[Валерий Рыбаков]

I was offered to be my agent on the terms set forth in the contract:
(English text)


Dear forum, I think you better than I speak of the matter, so ask your council whether to accept?

ARTIST - AGENCY
xxxxxxxxxxxxxxxx.COM GALLERY ON LINE AGREEMENT
This Artist Agreement (the "Agreement) is effective on 18thNovember, 2010
BETWEEN Valery Rybakow, (the "Artist), an individual with her main address at:
xxxxxxxxxxxxxxxxxx
AND xxxxxxxxxxx, of xxxxxxxxxxxxxxx.com, Gallery online (the "Agent"), an individual with her main address at:
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
RECITALS
WHEREAS, the Artist is an Established Artist of proven talents in the field of arts: painting, photography and jewellery;
WHEREAS, the Artist wishes to have an Agent represent her in marketing certain rights enumerated herein;
WHEREAS, THE Agent wishes to represent the Artist.
NOW, Therefore, in consideration of the forgoing premises and the mutual convenience Hereafter set forth and other valuable consideration, the parties hereto agree as follows:
1. AGENCY
The artist appoints to act as her Agent;
A) In the following geographical areas: Exclusive Worldwide on line gallery xxxxxxxxxxxxxxxx and fully in the UK.
B) For the market listed here: advertising, marketing, publishing, art sale and exhibitions online.
C) Artist will place Name at his website as Exclusive Agent: xxxxxxxxx, xxxxxxxxxxxxxx.com or any other links the xxxxxxxxxxxxxx.com will have.
The Agent agrees to use her best efforts in submitting the Artist's Work for the purpose of securing assignments, sales for the artist. The Agent will negotiate the terms of any sales on line or assignments offered, but the Artist shall have the right to reject any assignment if she finds the terms thereof of unacceptable.
2.PROMOTION
The Artist shall provide the Agent with such sample of Work as are from time to time necessary for the purpose of sale or security assignments. These samples shall remain the property of the Artist and be returned within 10 working days of termination of this Agreement. The Agent provides a Custodial Receipt of such Work. The Custodial Safe Keeping Receipt format attached as Addendum to this Agreement.

All Artist's work selected by the Agentand confirmed by the Artistto sell from xxxxxxxxxxxxxxxx.com are sold exclusively by the Agent and it is considered illegal to sell any other way accept from the SensationModern.com. If this Agreement breached, the Artist will pay the penalty of 40%of sales price of the work.
The Agent shall take reasonable efforts to protect the Work (s) from loss or damage, but shall be liable for such loss or damage only of caused by the Agent negligence.
Artist will catalogue all his art made, including soldwith the date sold, the names of collector /buyer, location and the Agent "xxxxxxxxxxxxxx.com will carry the same catalogue number of artwork with added SM + Artist's catalogue number, registering all the artworks sold with the date, their name and location. This the only catalogue will be proved by the artist and Agent and will be a reference to all public publication, inquiries and reference.
Artist will access to his profile page on Sensation modern and can view all the sales activity and can automatically withdraw the payment due to the Artist.
3.TERM
This Agreement shall take effect on December, 1st, 2010 and remain in full force and effect for a term of three years with prolongation agreed by both parties unless terminated as provided in section 7.
4.COMMISSIONS
The Agent shall be entitled to the following commissions:
A. On sales or assignments secured by the Agent during the term of this Agreement, 50%of the sale.
5. BILLING
The Agent is the caretaker of payment that indented for Artist, the Agent shall remit such payment to the artist within 14 working days after sale to the designated account by the Artist.
6. PAYMENTS
All payments are due within not more than 14 working days of receipt (requires 14 working days on International online Trade Return policy) of any fees or invoice covered by this Agreement. Late payment will accompanied by 2%per month.
7. TERMINATION
This Agreement may be terminated by either party giving 30 days of notice to the other party. If Artist receives assignment after the termination date from clients originally obtained by the Agent during the term of this Agreement, the commission specified in Section 4.A. shall be payable to the Agent under the following circumstances within not longer than 14 working days of receipt of payment from the client.
Clients and collectors of the Agent are exclusive intellectual property of the Agent.Any sale made to the Agent's collectors and buyers after termination of this agreement within 3 (three) years the fees from such will be 20%of the net sale price.
By thetermination of the agreement the Agent shall send works, which are not sold, back to the Artist within 15 days after termination of the Agreement. Costs of return shall pay the Agent.
8. INDEPENDENT CONTRUCTOR STATUS
Both parties agree that Agent is acting as an independent Contractor. This Agreement is not an employment agreement, nor does a joint venture or partnership between the Artist and Agent.
9. AMENDMENTS AND MERGER
All amendments to this agreement must be in writing and they will be integral part of This Agreement and incorporates the entire understanding of the Parties.
10. GOVERNING LAW
This Agreement shall be govern the Laws of England and Wales of United Kingdom.
This Agreement made of four copies, two to the Artist and two to the Agent and all the copies of this Agreement treated as original.


Signed by Artist Signed by Agen