e2c Terms & agreements
BEFORE MOVE-IN….
Vendor understands that a separate deposit is due to secure each space the vendor chooses to display their merchandise. (*Fees vary depending on rented space)
E2C reserves the right to reject any items proposed “unsuitable” at the store's discretion.
E2C Racks and Display Fixtures May Be Rented For An Additional $10 Each Month
Vendor agrees to tag each item they offer for sale. Tags MUST include price and assigned vendor # (short item description suggested)
E2C must receive via email ShopE2C.Info@gmail.com
Copy of a valid I.D. from Vendor
3-5 Photos of Inventory
DURING RENTAL PERIOD...
E2C agrees to provide maintenance, sales support, and adequate security for vendor merchandise in a clean, and safe environment. E2C agrees to take all reasonable steps to protect sales items from theft or damage during the rental period.
Vendor understands that E2C is not responsible for loss of an item due to theft or damage or insurance on vendor property whether for sale or display.
All Vendors are to dedicate MONTHLY SERVICE HOURS/Shifts at E2C to assist with store operations based on personal availability and/or otherwise agreed upon with E2C.
Booth & Rack - 12 hours each month
Shelf: 8 hours each month
If incomplete, $5 per hour will be deducted from vendor payouts
Vendors are responsible for scheduling work time at least 24 hours in advance via Google Calendar or #E2C Sign Up Sheet
Vendors understand that they must complete store duties assigned by manager before working on personal space while working store hours
Vendors May Opt-Out of Monthly Service Hours for an additional fee. Check below if applicable. ( Discounted rate )
____Booth Vendor Fee: $50 per month
____Shelf Vendor Fee: $30 per month
ALL Vendor Sales Must Be Processed By An E2C Employee Through The E2C Register/POS System. No Personal/Outside/ Under-The-Table/ Individual sales can be made while on the premises to ANY customer.
3 Strike Rule
1st Violation Verbal Warning With Redirection
2nd Violation Documented Warning & Temporary Removal (2 weeks)
3rd Violation Will be considered a breach of contract and a Documented Dismissal Will Begin. Vendor Understands That All Inventory And Display Items Must Be Removed Within 3 Business Days Of Dismissal
payment process
All Vendors must have a PayPal account to receive payouts and to send payment.
Vendor agrees to pay E2C FULL RENT by the 10th of each month. If outstanding charges are not paid by the next Payout, E2C will deduct payment plus an additional $20 for late charges.
E2C agrees to payout Vendors on the 15th & 30th of each month.
Vendor understands that sales for the current Payout cycle close the WEDNESDAY prior to payout.
E2C will collect all sale tags from Vendor merchandise to cross-reference products sold.
E2C receives 10 % Commision of the Vendor’s total sales.
Unworked vendor hours will be deducted from the Payout of the following month. (EX: Booth Vendors 12 X 5 = $60 max Shelving Vendors 8 X 5 = $40 max).
A Sales Statement detailing all vendor transactions made will be emailed within 3 days of closing for each pay cycle.
After 60 days without documented communication E2C will declare a breach of contract. Vendor understands that any inventory/display items left inside the storefront will become property of Exchange To Change.