Date:_________________________________

Equipment Consignment Agreement

Consigner (You, Your)

Consignee (I, Me, My)

Dealer

Address

City

Phone

G&M Implement Inc.

Full Name of Owner

Address

City

Phone

State

Zip

State

Zip

EQUIPMENT CONSIGNED:

Year

Serial #

Description

Hours/Bales

Make

Model

PRICE SCHEDULE: LIENS:

I AGREE TO HOLD YOUR EQUIPMENT FOR THE PURPOSE OF SELLING IT FOR THE AMOUNT SHOWN IN THE PRICE SCHEDULE. YOU GRANT ME THE EXCLUSIVE RIGHT TO SELL YOUR EQUIPMENT AND AGREETO PAY THE COMMISION SHOWN BELOW UPON ANY SALE MADE WHILE THIS AGREEMENT IS IN FORCE. YOU AGREE TO PAY THE COMMISION WETHER THE SALE IS MADE BY YOU, ME, OR ANY OTHER PERSON. THE AGREEMENT BEGINS AND ENDS ON THE DATE SHOWN ABOVE AND ENDS ON ________________________ 20_______________. YOU ACKNOWLEGE RECIVING A COPY OF THIS AGREEMENT.

YOU WARRANT THAT YOU HAVE TITLE TO THE EQUIPMENT AND THAT IT IS FREE AND CLEAR OF ALL LEINS EXEPT AS DESCRIPED ABOVE. YOU ALSO WARRANT THAT THE EQUIPMENT IS IN PROPER WORKING CONDITION AND AGREE TO HOLD ME HARMLESS FOR ANY BREACH OF EXPRESS OR IMPLIED WARRANTIES INCLUDING BUT NOT LIMITED TO THE IMPLIED WARRANTY OF MERCHANIABILITY AND FITNESS FOR A PARTICULAR PURPOSE. IN THE EVENT THAT THE EQUIPMENT PURCHASER(S) MAKE(S) A CLAIM UNDER SUCH WARRANTY, YOU AGREE TO REIMBURSE ME FOR ALL REPAIRS AND /OR OTHER EXSPENSES REASONABLY INCURED.

YOU AGREE TO PAY A COMMISION AT THE RATE OF ________% OF THE SALES PRICE. IF THE EQUIPMENT IS SUBJECT TO A LEIN, I WILL MAKE THE PAYMENT DIRECTLYNTO THE LEIN HOLDER AND DEDUCT THAT AMOUNT FROM THR PROCEEDS DUE YOU. FOR ANY PERIOD THE UNSOLD EQUIPMENT REMAINS UNCLAIMED AFTER THE AGREEMENT ENDS YOU AGREE TO PAY ME A STOREAGE CHARGE OF $__________ PER DAY.

SALE OF THE EQUIPMENT MAY BE MADE BY ME HOWEVER, OWNERSHIP SHALL BE AND REMAIN WITH YOU AND SHALL PASS DIRECTLY FROM YOU TO THE PURCHASER(S). YOU AGREE THAT I SHALL HAVE THE RIGHT TO DETERMINE AT WHAT TIME, TO WHOME, AND AT WHAT PRICE THE EQUIPMENT SHALL BE SOLD SUBJECT TO THE MINIMUM PRICE SHOWN IN THE SCHECDULE.

YOU AGREE TO PAY ME A SUM NOT TO EXCEED $______________ FOR CLEANING AND REPAIRS THAT I DECIDE ARE NECECARY

DURING THE TEM OF THIS AGREEMENT, YOU ARE RESPONSIABLE FOR MATAINING INSURANCE ON THE EQUIPMENT.

INSURANCE COMPANY:____________________________________ POLICY#:_______________________________________

YOU ARE RESPONSIABLE FOR ALL PHYSICAL DAMAGE AND OTHER LOSS TO THE EQUIPMENT INCLUDING DAMAGE OR LOSS RESULTING FROM FIRE, THEFT, VANDALISM, OR ACTS OF GOD. YOU ARE URGED TO INSURE EQUIPMENT AGAINST SUCH PERILS. YOU AGREE THAT I MAY HAVE REASONABLE USE AND OPERATION OF THE EQUIPMENT FOR THE CUSTOMER DEMONSTRATION PURPOSES, AND THAT YOU WILL REMAIN RESPONSIABLE AND HOLD ME HARMLESS FROM ANY DAMAGE AND/OR LOSS RESULTING FROM THE REASONABLE USE THEREOF FOR THAT LIMITED PURPOSE.

____________________________________________________ ____________________________________________________________
SIGNATURE OF CONSIGNOR(S) SIGNATURE OF CONSIGNEE

EQUIPMENT RETURNED TO OWNER ON


______________________________________20_________


_________________________________________________
OWNER’S SIGNATURE ACKNOWLEGING RETURN OF EQUIPMENT

___________________________________________________________________________
FULL NAME OF PURCHASER(S) DATE OF SALE


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ADDRESS CITY ST ZIP

OR