NOTE: ALL FINAL BIDS SUBJECT TO APPROVAL OR REJECTION BY
SELLER WITHIN 24 HOURS OF CLOSE OF BIDDING.

The following, as amended by any posted notices and/or oral
announcements during the auction sale, constitutes the entire terms and
conditions on which property listed in the auction sale catalog shall be offered
for sale or sold by PressBid, and any consignor of such property for whom
Pressbid acts as agent. Pressbid strongly recommends to all bidders to
thoroughly inspect all items before the auction on which bidder intends to
bid.
Under these Terms and Conditions, the term ?Bidder? and ?Purchaser? shall be
used interchangeable and be one of the same.

1. Bidder acknowledges that an auction site is a
potentially dangerous place. Flammable, noxious, corrosive and pressurized
substances may be present, heavy equipment may be in operation, and
electric circuits may be live. Every person at the auction site before, during
and after the auction sale, shall be deemed to be there at his/her own risk
with notice of the condition of the premises, the activities on the premises,
and conduct of third parties; and the bidder shall so advise his/her agents
and employees.
No person shall have any claim against Pressbid, its consignors, agents,
employees, directors or principals for any injuries sustained or for damages to
or loss of personal property, which may occur from any cause whatsoever.

2. As used herein, the term ?Bid Price? means the price at which a lot is
knocked down to the Purchaser, and the term ?Purchase Price?
means the aggregate of(a)the Bid Price,(b)the Buyer?s Premium and other
surcharges,if any,and(c)unless Purchaser is exempt by law from the payment
thereof, any Federal, Provincial, State or local sales taxes (or compensating
use tax of another State), and any other applicable taxes. Unless exemption
from such taxes is established to the satisfaction of PressBid, any Purchaser
claiming an exemption will be required to pay the tax to PressBid and seek a
refund directly from the taxing authorities.

3. A sale to the highest Bidder shall be complete upon
the auctioneer?s call, with the highest Bidder purchasing the offered lot, in
accordance with all the conditions set forth herein, including Purchaser (a)
assuming full risk of loss and responsibility thereof, see Point 8 below, (b)
immediately making a deposit of not less than twenty-five percent (25%) of
the Purchase Price, and (c) paying to PressBid the balance of the Purchase
Price in full no later than December 29th,2011 for all lots purchased. No lot
may be removed until the Purchase Price is paid in full for all lots purchased.
To prevent misdelivery and inconvenience in settlement of a purchase, no lot
may be transferred prior to removal by the Purchaser.

4. If the conditions herein or any other applicable condition(s) are not
complied with, in addition to other remedies available by law to PressBid
and/or its consignors, including but without limitation, the right to hold the
Purchaser liable for the Purchase Price, PressBid may, at its option, either (a)
cancel the sale in part or in full, retaining as liquidated damages all payments
made by Purchaser or (b) resell the property, either publicly or privately, after
three (3) days notice to the Purchaser and for the account and risk of the
Purchaser, and in such event the Purchaser shall be liable to PressBid for any
deficiency if the resale is less than the Purchase Price,
plus all costs, including warehousing, the pro-rata share of expenses of both
sales including reasonable attorneys fees, PressBid?s commission, plus all
other charges due
hereunder and incidental damages suffered by PressBid
or its consignor.

5. Only cash, wire transfer, bank draft or certified check will be accepted as
payment of the Purchase Price.
Personal or company checks may be accepted by PressBid, at its sole option.
A 25% Deposit will be
due immediately upon notification of a successful bid being accepted and
Final Payment of the Purchase Price in Full of
items purchased must me made by 4:00 P.M.December 29th
2011. No exceptions!!

6. PressBid reserves the right to withdraw any property at any time before
actual sale. Unless otherwise announced by the auctioneer at the time of sale,
all bids are per lot as
numbered in the catalog. Lots may be combined or
divided at the auctioneer?s choice.

7. PressBid reserves the right to reject a bid from any
Bidder. The highest Bidder as acknowledged by the
auctioneer shall be the Purchaser. In the event of any dispute between
bidders, or in the event of doubt on the part of PressBid as to the validity of
any bid, the auctioneer shall have the sole discretion either to determine the
successful bidder or to re-offer and resell
the lot in dispute. If any dispute arises after the sale,
PressBid?s sales record shall be conclusive in all respects.

8. Purchase of any lot is at the Purchaser?s risk with
risk of loss immediately passing to Purchaser upon the
auctioneer?s call. Neither PressBid, nor its consignors,
have any liability of any nature whatsoever to Purchaser if the lot is not
delivered to Purchaser due to fire, theft, damage, or any other cause.

9. All lots purchased shall be removed in their entirety from the site by the
date as specified in the auction catalog or as posted or announced at the sale.
No items may be removed before termination of the sale.

11. If PressBid or its consignor is unable to deliver
any lot or any necessary documentation required in respect of any lot, their
sole and exclusive liability shall be the return of any monies paid on such lot.

12. Absolutely no warranty or representation, written or oral, is given with any
lot. All statements contained in PressBid?s catalog, website, marketing
material or by the
auctioneers, or in any bill of sale, invoice or elsewhere as to description, size,
quantity, quality, capacity,model,
serial number, measurements or condition, are approximated statements and
shall not be deemed to be representations
or warranties, oral or written, with respect to any lot. No sale is invalid or
made void by reason of any flaw in a lot or by reason of a lot being incorrectly
described, and
PressBid will not be liable and no compensation will be paid for any such fault
or error of description.

13. All property is sold ?AS IS, WHERE IS?. Neither
PressBid nor the consignor makes any representation or
warranty, oral or written expressed or implied, as to the merchantability,
fitness for a particular purpose,condition of the property, correctness of the
description, condition,
capacity, age or any other details used to describe the
property. Absolutely NO RETURN of sold goods, NO REFUNDS, and NO
EXCHANGES will be permitted.


NOTE: ALL FINAL BIDS SUBJECT
TO APPROVAL OR REJECTION BY
SELLER WITHIN 24 HOURS OF CLOSE OF
BIDDING.

Removal of Items: all purchased items to be removed
from the facility (facilties)on or before January 31, 2012, Unless Prior
Arrangements have been made and granted in writing from Press Bid and/or
it's Consignor's. All Lots purchased are to be removed in their entirety. Boat
Trailers purchased are responsible for removal of Boats if a Boat is on the
Trailer. No partial removal of any lot. Buyer will be responsible for cost of
removal of any partial Lot Items that remain after removal date.