Resale agreement between Avant Arte and collectors of
The Reflection, by Paul Insect.
This limited edition release is a collaboration between Avant Arte and Paul Insect. The motivation behind all of our collaborations, for us and our artists, is to offer amazing works which can be enjoyed in the collections and the homes of our collectors. We of course understand that collections evolve and collectors may want or need to sell pieces. In that instance, we want to make sure that our collector community has the first opportunity to buy any works that are going to be made available and that we can protect our artist by facilitating this privately.
The following is a proposed Resale Agreement between a collector (“You”) and Avant Arte B.V. (“Avant Arte”, “Us”), located at Amsterdamsestraatweg 37, 1411AW, Naarden, The Netherlands.
In this Agreement, “Artwork” refers to one of the 100 limited edition prints of The Reflection – Blue or one of the 30 limited edition prints of The Reflection – Red by the Artist Paul Insect purchased by You from Us.
You and Avant Arte are asked to agree as follows:
You may not resale or otherwise transfer ownership of the Artwork to a third party for a period of two (2) years from the date of this agreement.
Should You wish to resell the Artwork after such period of two (2) years has elapsed, Avant Arte shall hold a preferential acquisition right. You agree to notify Avant Arte of your intention to resell the Artwork via email at email@example.com. Avant Arte shall have thirty (30) days to reply.
If Avant Arte replies within the set term, both parties agree to enter into a thirty (30) day good faith negotiation to agree on a buyback price and a process for the transaction.
If Avant Arte does not reply within the response period, upon its completion, you shall be permitted to freely resell the Artwork.
Avant Arte will dispatch your certificate of authenticity for the work 6 (six) months after the public launch date.
This agreement may only be varied by written agreement between You and Avant Arte.
This agreement and any contractual or non-contractual dispute or claim arising from or in connection with it shall be governed by the law of The Netherlands.