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Sketch (d) RATIONALE: To update the Standing Rules to reflect Website exhibitions. PRICE June 2005 Page 9 Artwork may be sold prior to the exhibition. Commission is payable to the Club if the painting is sold prior to or after the show, as a result of the show being exhibited on the WVSC website. The price of the artwork is to remain the same for a period of two months after the completion of the exhibition, after which time the artist is no longer under obligation to the VVVSC. If the artwork is sold during this two-month period, it is still subject to a minimum 10% commission REMOVE THIS SECTION RATIONALE: To update the Standing Rules to reflect current practices. (e) PRICE (g) A minimum 10% commission is levied on all sales. The Treasurer will forward the sales price, minus commission, to the artist. CHANGE TO: A minimum 10% commission is levied on all sales. The Treasurer will forward the sales price, (g) minus commission, to the artist. Commission rate is set by the Board of Directors. RATIONALE: To add the last sentence to allow for flexibility in future commission rates. PRICE All artwork shall remain on display until completion of the exhibition. CHANGE TO: All artwork shall remain on display until completion of the exhibition except in the case of a purchaser requiring immediate possession under exceptional circumstances, i.e. out of town buyer. RATIONALE: To bring the Standing Rules in line with current practices. JUDGING Selection of two jurors, who are not members of the club, shall be made prior to the exhibition, Members who are not involved with the Exhibition Committee shall not be present while jurying takes place. All artwork submitted shall be subject to the decision of the jury appointed. CHANGE TO: JURYING Selection of two jurors, who are not members of the club, shall be made prior to the exhibition. Members who are not involved with the Exhibition Committee shall not be present while jurying takes place. All artwork submitted shall be subject to the decision of the jurors appointed. RATIONALE: To bring the Standing Rules in line with current practices. SUPPLEMENTARY REGULATIONS FOR Bl-MONTHLY EXHIBITIONS CHANGE TO: SUPPLEMENTARY REGULATIONS FOR ONGOING EXHIBITIONS RATIONALE: To change this section heading to reflect the current terminology. SUPPLEMENTARY REGULATIONS FOR BI-MONTHLY EXHIBITIONS The General Chairman of Bi-Monthly Exhibitions shall keep a master list of artwork on display, stating the artist's name, phone number, the title of the artwork and price, excluding Provincial Sales Tax, which shall be added when the artwork is sold. CHANGE TO: The Chairman of Ongoing Exhibitions shall keep a master list of artwork on display, stating the artist's name, phone number, the title of the artwork and price, excluding Provincial Sales Tax, which shall be added when the artwork is sold. RATIONALE: To reflect the current terminology in use. PRICE Artwork cannot be reserved or taken by a purchaser without full payment. CHANGE TO: Artwork can be reserved with a deposit of $80.00. RATIONALE: To bring the Standing Rules in line with current practices. PRICE A purchaser may return the artwork within three days from the date of the purchase. Please notify the Treasurer. REMOVE THIS STATEMENT RATIONALE: The Board of Directors felt this was not necessary, nor advisable.