Terms of Acquisition & Consignment

This agreement governs the representation and secondary market placement of fine art alabaster relief works by Donald Pollica, superseding previous net-pricing structures. These terms apply to all consigned works, specifically inclusive of the six (6) physical pieces currently held in inventory by RO Gallery.

For every artwork sold through the gallery or its affiliates, the Artist shall receive a guaranteed floor amount of $15,000.00 USD (“Artist Floor”) directly from the gross proceeds of the final sale. This represents a non-negotiable minimum baseline allocation, payable directly to the Artist upon collection of funds from the ultimate buyer prior to the distribution of operating margins.

While the Gallery maintains full discretion in establishing retail, secondary market, and auction pricing that reflects the museum-grade valuation of the pieces:

The Split: Any final gross sale price exceeding the $15,000 Artist Floor shall be distributed on a 60/40 percentage split—allocating 60% to the Artist and 40% to the Gallery for all proceeds realized above and beyond the $15,000 baseline.

The Gallery is required to provide the Artist with a complete copy of the final sales receipt, collector acquisition record, and transaction settlement statement within 14 business days of a completed sale.