Contract for the Sale of an Artwork with Moral Rights and Resale Royalty Rights

AGREEMENT made as of the ____ day of ____________, 20____, between  Elena Roché (hereinafter referred to as the "Artist"), located at One Rochemont Drive, Topanga CA 90290, and _____________________________________ (hereinafter referred to as the "Collector"), located at ________________________________________________________________, with respect to the sale of an artwork (hereinafter referred to as the "Work").
WHEREAS, the Artist has created the Work and has full right, title, and interest therein; and
WHEREAS, the Artist wishes to sell the Work; and
WHEREAS, the Collector has viewed the Work and wishes to purchase it; and
WHEREAS, the Artist wishes to have a continuing relationship with the Work after its sale, including the right to borrow the Work (applies to originals only) periodically for exhibition, restore the Work if necessary, receive a residual payment if the Work is resold, and be acknowledged as the creator of the Work; and
WHEREAS, both parties wish to maintain the integrity of the Work and prevent its destruction;
NOW, THEREFORE, in consideration of the foregoing premises and the mutual obligations, covenants, and conditions hereinafter set forth, and other valuable considerations, the parties hereto agree as follows:

1. Description of Work. The Artist describes the Work as follows:

Title: _________________________________________________________

Medium: ___________________________________Size: ________________

Year of Creation: _____________Signed by Artist: [ ] Yes [ ] No

Framing or Mounting: _____________________________________________

If the Work is part of a limited edition, indicate the method of production ______________________; the size of the edition__________; how many multiples are signed__________; how many are unsigned__________________; how many are numbered_________; how many are unnumbered_________________; how many proofs exist__________; the quantity of any prior editions_________; and whether the master image has been cancelled or destroyed [ ] yes[ ] no.

2. Sale. The Artist hereby agrees to sell the Work to the Collector. Title shall pass to the Collector at such time as full payment is received by the Artist pursuant to Paragraph 4 hereof.

3. Price. The Collector agrees to purchase the Work for the agreed upon price of $__________, and shall also pay any applicable sales or transfer taxes.

4. Payment. Payment shall be made in full upon the signing of this Agreement.

5. Delivery. The [ ] Artist [ ] Collector shall arrange for delivery to the following location: ______________________ ______________________________________________no later than___________, 20_______. The expenses of delivery (including, but not limited to, insurance and transportation) shall be paid by the Collector.