TERMS OF SALE FOR DELTA CRAFT AUCTION:
1. IDENTIFICATION: All purchasers are required to register and give full name,
address and credit card information. VALID CREDIT CARD WILL BE REQUIRED FOR
REGISTRATION BUT WILL NOT BE ALLOWED FOR PAYMENT OF ASSETS.

2. Buyer is responsible for any applicable Sales and Use Taxes and will supply
AUCTION COMPANY/SELLER documentation and proof that is acceptable to the
State in which assets are located as satisfactory to the Auctioneer. Forms must be provided prior to March 5, 2013 For purchases
without proof of exemption, a sales tax rate of 8.750% will be added to the
purchase price plus the buyer’s premium and remitted to the Auction Company.
3. A Buyer’s Premium of 18% of the bid price will be added to the price of each
item purchased to arrive at the total purchase price.
4. AUCTIONEER reserves the right to group, reduce, add or delete lots.
AUCTIONEER reserves the right to bid on behalf of the auction company/seller who is the owner o the assets.
5. REMOVAL: Buyer is solely responsible to provide any personnel, equipment or
material needed to pick up purchases and shall assume all responsibility for the
removal of any item purchased at the sale. Buyer is required to remove all items
within the stated time frame which is on their invoice (March 6 to March 25)
unless prior arrangements have been made in writing and approved by
AUCTIONEER/SELLER. Items will be considered abandoned, and buyer shall lose
all rights to said equipment without recourse or refund due from AUCTION
COMPANY/SELLER after the removal deadline.
6. Although information has been obtained from sources deemed reliable,
AUCTIONEER/SELLER makes no warranty or guarantee, expressed or implied, as
to the accuracy of the information herein contained or the fitness for duty of any
of the assets. All assets are being sold “AS IS, WHERE IS, NO EXCEPTIONS”.
7. If for any reason an item shall become non-deliverable, AUCTIONEER/SELLER
shall not, in any event, be liable for non-delivery, or for any other matter or
thing, to any Buyer of any lot, other than for the return to the Buyer of monies
actually paid to AUCTIONEER/SELLER for said lot, should the Buyer be entitled
thereto. No adjustments will be made after the assets are removed from the sale
site.
8. PAYMENT: Invoices must be paid in full within 24 hours of the closing date of
the sale unless otherwise specified. A buyer’s premium of 18 % will be applied to
all invoiced sales and sales tax will apply without appropriate proof of
exemption. Business checks will not be accepted without a letter of verification
from your bank similar to below. (Your Bank Name) unconditionally guarantees
payment to HYPERAMS, LLC from (Your Company Name) up to the amount of
__________. This guarantee will be valid for purchases made at the auction of
(Auction Name) on (Auction Date). NO ASSETS WILL BE RELEASED UNTIL INVOICE
IS FULLY PAID.

9. MANNER OF PAYMENT: All deposits and balances due shall be payable to the
order of HYPERAMS, LLC. All payments must be made by Cash, Cashier\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\'s Check, Wire Transfer or Company Check with Bank Letter of Guarantee. The full purchase price on all lots sold to the same buyer must be paid in full within 24
hours of the auction closing date and before removal of any of the assets.
10. All assets are being sold “AS IS, WHERE IS” and buyer acknowledges they have
inspected all assets prior to bidding. While all care was taken in gathering
information on the equipment that is for sale, AUCTIONEER/Seller will not be
held responsible for the correctness of the descriptions. INSPECT BEFORE YOU
BUY!
11. All persons are inspecting, bidding and removing assets at their own risk and
liability without recourse on AUCTIONEER/SELLER. Further the undersigned and
their employees or agents agree to hold AUCTIONEER/SELLER and their agents
and employees harmless from all claims of any kind or type.
12. All sales are in US Dollars.
13. By agreeing to these terms and conditions you signify that you have the
authority and you are binding your company, yourself (as an individual and/or
employee) and any agents or persons who conduct business using your buyers
number and/or under your employment or control. This includes liability as to
payment and all disclaimers.
14. Buyer hereby agrees to defend, indemnify and hold harmless
AUCTIONEER SELLER their directors, officers, employees and other agent
representatives from and against any and all liabilities, judgments, claims,
settlements, losses, damages, penalties, obligations and expenses, including
attorney’s fees, incurred or suffered by such person arising from, by reason of,
or in connection with any loss, damage or injury to person or property arising
from, by reason of or in connection with the assets sold hereunder.
15. Any controversy or claim arising out of or related to this Agreement, or any
alleged breach of the terms hereof, shall be settled by arbitration in accordance
with the rules, procedures, and
regulations promulgated by the American Arbitration Association (“Arbitration
Proceeding”).
The arbitration hearing shall be held in the State of Illinois. The Parties hereby
agree that the award rendered by the person conducting the Arbitration
Proceeding (“Arbitrator”) shall be final
and nonappealable, and judgment may be entered upon the award in any court
of competent jurisdiction. The Arbitrator shall not have the authority to award
punitive damages against either Party. The Party who files notice of demand for
an Arbitration Proceeding (“Initiator”) must
assert in such demand all claims then known to the Initiator against the other
Party (“Respondent”), and the Initiator may amend its demands and claims only
with the consent of the Arbitrator.

16. Backup Bidder: If a winner at the auction does not meet obligations to pay for
the lot purchased, the next highest bidder will be considered the winning bidder
and will be required to close on such purchase within the terms and conditions
herein.
17. ADDITIONAL TERMS AND CONDITIONS: The AUCTIONEER may add other
terms and
conditions of sale, such additional terms and conditions to be posted online
prior to the auction.