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*BroadPosta Contract Policy for Fine Artists*
*1. Physical Original Works:
*1.1 Freight Cost:*Upon receipt of payment by a client online, BroadPosta shall deduct 30% from the total sales price of the original artwork to cover freight costs from the Artist's location to the buyer's location. This 30% shall be remitted to the Artist immediately following payment by the client, and the artist takes responsibility for freighting of their artwork to the buyer through BroadPosta official shipping lines
*1.2 Seller's Share: *BroadPosta shall retain 20% of the total sales price of the original artwork as the seller's share.
*1.3 Artist's Share: *The remaining 50% of the total sales price of the original artwork shall be paid to the Artist immediately following confirmation of receipt of the artwork by the recipient.
*2. Virtual Online Prints:*
*2.1 Revenue Sharing: *For virtual prints, BroadPosta shall retain 20% of the total sales price, and the Artist shall receive 50%.
*2.2 Printing, Framing, and Freighting: *BroadPosta shall deduct 30% from the total sales price of the virtual prints to cover printing, framing, and freighting expenses. This deduction shall be made prior to revenue sharing.
*3. Term and Termination:* This policy shall commence on the date of signing and shall remain effective until terminated by either party within 30 days' written notice.
*4. Governing Law: *This policy shall be governed by and construed in accordance with the laws of the province of Ontario, Canada.
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