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Consignment/sales Agreement

Styles Aesthetic LLC

Effective Date: March 4, 2025

THE TERMS AND CONDITIONS IN THIS CONSIGNMENT/SALES AGREEMENT (THE “AGREEMENT”) CREATE A CONTRACT BETWEEN YOU (“YOU” OR “YOUR”) AND STYLES AESTHETIC LLC (“STYLES AESTHETIC”, “WE”, “US” OR “OUR”). PLEASE READ THIS AGREEMENT CAREFULLY.

THESE TERMS REQUIRE THE USE OF ARBITRATION ON AN INDIVIDUAL BASIS RATHER THAN JURY TRIALS, IN COURT PROCEEDINGS OR CLASS ACTIONS TO RESOLVE DISPUTES.

YOU MUST AGREE TO THE TERMS AND CONDITIONS OF THIS AGREEMENT IF YOU WISH TO CONSIGN OR SELL GOODS ON THE STYLES AESTHETIC MARKETPLACE, AND BY CLICKING “AGREE” YOU CONFIRM THAT YOU HAVE READ, UNDERSTAND AND AGREE TO THE TERMS AND CONDITIONS OF THIS AGREEMENT.

Our Terms of Service located at https://stylesaesthetic.com/policies/terms-of-service (“TOS”), are incorporated by reference and made a part of this Agreement to which You are agreeing, and such TOS additionally apply to any of Your and Our activities under this Agreement.

ONCE YOU AGREE TO THIS AGREEMENT, IT WILL REMAIN IN EFFECT AND GOVERN ALL TRANSACTIONS BETWEEN YOU AND STYLES AESTHETIC UNTIL YOU OR WE TERMINATE IT PURSUANT TO THE PROVISIONS OF THIS AGREEMENT.

OVERVIEW; ACCOUNT CREATION

We market and sell (and provide a marketplace for marketing and sale of) luxury designer handbags and other items. To sell an item with Us, You first need to create a seller account and provide Your contact and payment information. Once the account is created, You can request that We (i) sell the items that You ship to Us or that We have collected from You (collectively, the “Property”) on a consignment basis (“Consignment”), (ii) subject to Our eligibility requirements, purchase the Property from You for resale (“Upfront Purchase”), (iii) trade in the Property in exchange for Site credit (a “Trade-In”), or (iv) transact a combination of Consignment, Upfront Purchase, or Trade-In transactions with respect to Your Property. For clarity, our Consignment and Upfront Purchase program is referred to as "Community Curation" in our marketing content and on our website.

CONSIGNMENT

If You choose Consignment for Your Property, You, not Styles Aesthetic, will still own the Property (the “Consigned Property”), even after You deliver the Consigned Property to Us. After We receive or pick up the Consigned Property from You, We will send You an email confirming the items of Consigned Property have been received. Once We have further evaluated, inspected, and authenticated the item(s), You will be able to log into Your Account through Our website, applications, or other services (collectively, the “Service”) to view the status of Your items and the list price(s) assigned to those Accepted Items (as defined below). The Accepted Items will then be processed and listed as available for sale on the Service. Please note that all list prices are determined at Our sole discretion unless We have previously agreed otherwise with You in writing.

DELIVERY OF CONSIGNED PROPERTY; RISK OF LOSS

We accept the risk of loss or damage to Consigned Property only when (i) We take physical possession of the Consigned Property, or (ii) You use Our approved, pre-paid shipping label and approved method of shipment to ship Your Consigned Property and the label is processed into Our approved shipping vendor’s tracking system and You actually provide the Consigned Property to the vendor (“Approved Transit”). A “Shipment” means items of Consigned Property that are placed with a carrier of vendor and shipped together under one Approved Transit shipping label.

If an item of Consigned Property is damaged, stolen, or lost while in Our possession or during Approved Transit, it will be treated as Sold (as defined in “Title to Property” below) and We will pay You a Commission (defined in “Commissions and Payment for Consigned Property” below) on that item. The Commission will be based on the damaged, stolen, or lost item’s estimated Net Selling Price, which will be determined solely by Us. This payment represents the amount You would have received in the normal course of a sale, less any discounts or promotions applied under this Agreement, and the payment will be processed and paid under the regular schedule of Commission payments as described below.

Any claim by You for a damaged, stolen, or lost item must be made to Us in writing within sixty (60) days of the day that You became aware or should have reasonably become aware of the alleged damage, theft, or loss.

CONSIGNED PROPERTY ACCEPTANCE CONDITIONS

Upon receipt of an item of Consigned Property, We will evaluate it to determine, in Our sole discretion, its authenticity, quality, and value. The item’s condition will affect the valuation and pricing.

We only accept Consigned Property that We think is appropriate for resale on the Service. We reserve the right to accept or reject an item for any reason, but generally to be accepted, the Consigned Property must be at a minimum (in Our sole discretion): (1) in fair to pristine condition; (2) authentic (which means, among other things, that the item is not counterfeit, fake, stolen or subject to any geographic sale restrictions, such as in the case of gray market goods); and (3) consistent with the representations and warranties You make in the “Your Representations, Warranties, and Indemnification” below.

COMMISSIONS AND PAYMENT FOR CONSIGNED PROPERTY

We will pay You a Commission on each item of Consigned Property that is Sold. The Commission will be equal to the item’s Net Sales (as defined below) multiplied by the applicable Commission Rate (as defined in below). The Commissions You receive for Sales of Your Consigned Property are the sole compensation You will receive under this Agreement for such sales.

Net Selling Price means the price at which an item of Consigned Property is Sold, less applicable discounts and promotions and excluding taxes and shipping.

Net Sales means the total amount We received from sales of Your Consigned Property, less applicable discounts and promotions and excluding taxes and shipping.

We will publish the applicable commission rates at https://stylesaesthetic.com/pages/community-curation-how (the “Commission Rates”) and use such Commission Rate to calculate the commission (the “Commission”) You receive for each item of Consigned Property that is Sold (which We may update and modify from time to time).

UPFRONT PURCHASE

Certain items of Property may be eligible for Our Upfront Purchase program. If We choose Upfront Purchase for Your eligible items of Property, You agree to sell and relinquish all right, title, and interest to the items of Property so designated (the “Upfront Purchase Property”) to Us for an amount equal to the offer price We communicate to You (the “Offer Price”) as set forth more fully below.

CONSIGNMENT/UPFRONT PURCHASE RETURN POLICY (THE “RETURN POLICY”)

ONCE YOU HAVE SIGNED THE FINAL OFFER TO PURCHASE, THE TRANSACTION IS COMPLETE. ALL SALES ARE FINAL. NO REFUNDS, RETURNS OR CREDITS ARE PERMITTED.

For consignments, You will be charged a return fee of 1.99% of the offer price ($50 minimum) if You decide to cancel the consignment before the item sells. For Upfront Purchases, in rare cases, We may decide to allow you to cancel the sale after You ship the bag, but before You are paid for the purchase, in which case You will be charged a return fee of 1.99% of the offer price ($50 minimum).

UNAUTHENTICATED, COUNTERFEIT, OR STOLEN ITEMS

We are committed to preventing the sale of counterfeit and inauthentic goods and have implemented an authentication process to prevent the sale of counterfeit and stolen goods on the Service. However, You are responsible in the first instance for ensuring the authenticity of all items You provide to us.

TERMINATION; DENIAL OF SERVICE

You and We may each terminate this Agreement in writing at any time, for any reason. Termination will be effective on the date of such notice and any applicable costs relating to return of Consigned Property and terms relating to return of Consigned Property as set forth in the Return Policy will apply.

GOVERNING LAW

This Agreement, or the breach thereof, and all claims of any kind relating to or arising out of this Agreement and the relationship between You and Styles Aesthetic, whether tort, contract, or statutory, will be governed exclusively by the laws of Delaware, without regard to its conflicts of laws principles (whether of Delaware or any other jurisdiction).