This Sculpture Lease Agreement ("Agreement") is entered into as of , by and between:
Lessor (Owner):
Address:
Lessee (Recipient):
Address:
Title:
Artist:
Materials:
Dimensions:
The term of this lease shall commence on and end on .
The Lessee agrees to pay the Lessor the sum of as lease payment for the sculpture listed above.
Payment shall be made as follows:
Sculpture will be delivered and installed at the following location:
Delivery/Installation Date:
Responsible Party for Delivery/Installation:
Lessee agrees to maintain the sculpture in good condition and take reasonable care to protect it against loss or damage.
Special instructions:
The Lessee (will/will not) obtain and maintain insurance coverage for the sculpture during the lease term. If required, specify the type and amount of insurance:
Lessee assumes responsibility for any loss, theft, or damage (excluding ordinary wear and tear) to the sculpture during the lease term.
At the end of the lease term, the sculpture shall be returned to the Lessor in the same condition as received, reasonable wear and tear excepted.
Lessor (Owner)
Signature: ____________________________
Date: ___________________
Lessee (Recipient)
Signature: ____________________________
Date: ___________________