Agreement of Consignment
This Agreement is entered into between _______ Co. （hereinafter referred to as the Consignor）, having its registered office at _______, China and ________CO. （hereinafter referred to as the Consignee）, having its registered office at_______, on the following terms and conditions:
The Consignor shall from time to time ship ______________ （commodity） to the consignee on Consignment basis at the prevailing international market prices on CIF terms. The interval between each shipment shall be approximately ninety days.
The Consignee must try to sell the consignments at the best possible prices after obtaining the approval of the Consignor as to price, terms, etc.
Each shipment by ship at the initial stage will not exceed U.S.D _______and the outstanding liabilities on the Consignee shall be in the vicinity of not more than U.S.D. _______ only.
The Consignor shall at no time be responsible for any bad debts arising out of credit sales to any _______ buyers. Making payments to the Consignor shall at all times be the sole responsibility of the Consignee.