TERMS AND CONDITIONS OF SALE
NOTICE: All bidders and other persons attending this sale
acknowledge that they have read and have full knowledge
of the terms and conditions and agree to be bound thereby.

1. IDENTIFICATION ? All purchasers are required to give full name and
address.

2. REGISTRATION - All purchasers are required to register before each
auction. Registration requires
purchasers to provide their full name, business name, phone number & $500
refundable registration deposit.

3. DEPOSIT ? Each purchaser will be required to make a deposit in cash or by
certified cheque of 25% of the bid on each lot purchased. In default of such
deposit, the lot may be put up again immediately and resold.

4. TIME OF PAYMENT ? All bills must be paid in full by Wednesday, August
29, 2012 12:00PM.

5. REMOVAL ? All purchases must be removed not later than Thursday, August
30, 2012@ 4:00 PM. Items left after will result in loss of items and NO refunds
will be given. No lot can, on any account, be removed during the sale.
Removal shall be at the expense, risk and liability of the purchaser. Purchases
will be delivered only on presentation of paid bill. Auctioneer shall not be
responsible for goods not removed within the time allowed, but shall have the
option to remove and store at the expense and risk of the purchaser any
article purchased, but not paid for and removed within the time aforesaid.

6. MANNER OF PAYMENT ? Certified Cheque, Money Order, Debit or Cash. All
cheques for deposits and balances due shall be payable to the order of
BENACO SALES LTD. All bills must be paid to representatives of the
auctioneer at the plant unless otherwise announced. The full purchase price
on all lots sold to the same buyer must be paid within the time fixed and
before removal of any of the goods.

7. CONDITION OF ARTICLES SOLD ? The auctioneer shall not be responsible
for the correct description, genuineness, authenticity of, or defect in any lot,
and makes no warranty in connection therewith. No sale will be set aside nor
allowance made on account of any incorrectness, error in cataloguing, or any
imperfection not noted. No deduction is allowed on damaged articles, all
goods being exposed for public exhibition, and sold "as is" and without
recourse.

8. CLAIMS ? No claims will be allowed after removal of goods from premises.

9. RESPONSIBILITY FOR NON-DELIVERY ? Auctioneer shall not, in any event, be
liable for non-delivery or for any other matter or thing, to any purchaser of
any lot, other than for the return to the purchaser of the deposit or sum paid
on said lot, should the purchaser be entitled thereto.

10. COMPLIANCE WITH TERMS OF SALE ? In default of payment of bills in full
within the time therein specified, the auctioneer, in addition to all other
remedies allowed by law, may retain all monies received as deposit or
otherwise, as liquidated damages. Lots not paid for and removed within the
time allowed herein may be resold at public or private sale without further
notice, and any deficiency, together with all expenses and charges of re-sale,
will be charged to the defaulting purchaser.

11. RISK TO PERSON AND PROPERTY ? Persons attending during exhibition,
sale or removal of goods assume all risks of damage or of loss to person and
property and specifically release the auctioneer from liability therefore.
Neither the auctioneer nor his principal shall be liable by reason of any defect
in or condition of the premises on which the sale is held.

12. ADDITION TO OR WITHDRAWAL FROM SALE ? The auctioneer reserves the
right to withdraw from sale any of the property listed or to sell at this sale
property not listed, and also reserves the right to group one or more lots into
one or more selling lots or to subdivide into two or more selling lots.
Whenever the best interest of the seller will be served, the auctioneer reserves
the right to sell all the property listed, in bulk.

13. SALE BY ESTIMATED WEIGHT, COUNT OR MEASURE ? Where items are sold
by estimated weight, count or measure, the purchaser will be billed for and
required to pay for the estimated weight, count or measure. If, upon delivery,
any shortage exists, the purchaser will receive a refund at the rate of
purchase. If there be an excess, the purchaser will be required to take and
pay for such excess, at the rate of purchase.

14. DISPUTE BETWEEN BIDDERS ? If any dispute arises between two or more
bidders, the auctioneer may decide, or put the lot up for sale again at once,
and resell to the highest bidder. The auctioneer's decision shall be final and
absolute.

15. RESERVE ? The auctioneer reserves the right to reject any and all bids. On
lots upon which there is a reserve, the auctioneer shall have the right to bid
on behalf of the seller.

16. RECORDS ? The record of sale kept by the auctioneer and/or bookkeeper
will be taken as final in the event of any dispute.

17. AGENCY ? The auctioneer is acting as agent only and is not responsible
for the acts of its principals.

18. ADDITIONAL TERMS AND CONDITIONS ? The auctioneer may add other
terms and conditions of sale, such additional terms and conditions to be
announced prior to the auction.

19. On-site Bidders are subject to a 15% Buyers Premium
On-line Bidders are subject to an 18% Buyers Premium