Section I
A
a. Vendor/Market leases self space in the market to Seller (You) for $15.00 per foot per month, payable in advance, on the first day of each month, by automatic payment.
b. If Seller (You) pays lease payment to Vendor/Market on or before the due dates, the shelf lease automatically renews for another month.
i. Failure to pay shelf lease by the due date shall result in termination of the lease, with Vendor/Market having the right to remove goods from the shelves.
ii. If Vendor/Market accepts a late lease payment, the shelf space is renewed.
Section I
B
a. Vendor/Market and Seller (You) agree to shelf space location under agreement
Section II
A
a. Goods placed in the market by Seller (You) must be produced in a safe, clean, healthy manner, and must meet the requirements for Vendor/Market to sell the goods in the market under the exemption for sale of cottage goods under Texas Law.
Section II
B.2.
a. Seller (You) is responsible for stocking, pricing, merchandising, and removing expired goods from the shelves as needed based on the nature of the products being sold.
b. Goods stocked and removed by Seller (You) are reconciled on PSN form submitted to Vendor/Market.
Section III
A.2.
a. Vendor/Market sells the goods, collects sales taxes (if goods are taxable) and it remits sales taxes to the State of Texas.
b. Vendor pays Seller (You) for goods the 15th day of each month after the expiration of a monthly lease term.
c. Goods sold, stocked, removed, and remaining reconciled on VIR submitted to Seller (You) by Vendor/Market upon payment for goods.
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