1. RIGHT TO SELL: Consignor hereby grants Consignee exclusive right to display and sell the consigned item(s) according to the terms and conditions of this Agreement;

2. INVENTORY & MINIMUM PRICING: Upon receiving items, Consignee will inspect, take informal pictures, assign a Consignee number, and take inventory by loading said informal pictures to Consignee's chart. Items will be priced using comparative tools and professional experience in the luxury fashion industry. With regards to items with an MSRP over $1,000, Consignor can request a minimum selling price. Said minimum selling price must be documented on this Agreement;

3. CONSIGNMENT PAYOUT: Consignors receive a percentage of the final sale price after a 20% platform fee is deducted as follows:

Item Sale Price	Your Payout (% of Net)
Under $50	40%
$51-$300	50%
$301-$1,000	60%
$1,001-$1,499	75%
$1,500+	90%

EXAMPLE OF PAYOUTS:

Item Sold For	Platform Fee (20%)	Net Earnings	Your Payout
$50	$10	$40	$16 (40%)
$75	$15	$60	$30 (50%)
$350	$70	$280	$168 (60%)
$1,200	$240	$960	$720 (75%)
$2,500	$500	$2,000	$1,800 (90%)

4. PAYMENT SCHEDULE: Consignor will receive payment for items sold on a monthly basis. Payment will be issued the 15th of each month for items sold during the previous calendar month. Payment will be made via preferred method, (check, direct deposit, or store credit); and

5. CONSIGNMENT TERMS: All items will remain Consignee's inventory for a period of twelve (12) months from the date they are received. During this time, Consignee will make every effort to promote and sell items through various platforms, including promoting same at special events and marketing collaborations. At the conclusion of the twelve (12) month period, any items that remain will be eligible for return. The Consignor will be notified and given a thirty (30) day period to reclaim items. If items are not retrieved within this time frame, ownership will be considered transferred to Consignee, who may then choose to discount, donate, or otherwise manage the items at their discretion. PLEASE NOTE that considerable expense and time is incurred to photograph, post and market said items. As such, items cannot be picked-up prior to the twelve (12) month period, unless previously agreed to by both parties.