ARTWORK AGREEMENT (SHORT FORM) quantity. The Artist shall be responsible for designing the artwork so it can be installed without exceeding the approved overall budget for the Art Component.Artist will also provide a description of each work of art to be exhibited, including title, media and size. 9. Artist agreements outline the terms and conditions of the artistic partnership and allow each party to understand what they are responsible for in the endeavor. Clause 2 of the Terms and Conditions Governing Artwork Loan Agreement generally indicates our insurance policy exclusions. The purpose of this form is to formalize the agreement between an artist and a purchaser for commissioned artwork.