In 2019 Joseph del Pesco (curator at the Kadist Foundation) and I, along with lawyer Laurence Eisenstein, began working on a revised version of The Artist’s Reserved Rights Transfer and Sale Agreement that reimagined its provision for an artist’s resale royalty as a tool for charitable redistribution.
The new contract is online here and ready to use: https://artistcontract.org/
And a great article on it by Vanessa Thill for the Art Newspaper here, and by Joseph del Pesco for Artnew News here.
From the Agreement’s introduction:
The following contract is a revision of The Artist’s Reserved Rights Transfer and Sale Agreement created by conceptual art dealer-curator Seth Siegelaub and lawyer Robert Projansky in New York in 1971. The “Artist’s Contract,” or “The Projansky Agreement,” as it is known in art and legal circles respectively, is a model contract for artists to use when selling their work or transferring ownership. Its most enduringly controversial clause calls for an artist’s resale royalty. Kadist has commissioned lawyer Laurence Eisenstein to help us reimagine and update the contract’s resale royalty clause to redistribute it as a tax-deductible donation to a charitable organization designated by the artist. In this way, the wealth created by the resale of an artwork might serve a general good, as a future investment in organizations that exemplify the values of the artist. Artists need only fill out this page, click save, and then print.
Read more here
If you use it, let us know! email lauren at laurenvhs dot com