2012 Terms of Sale Agreement

SELLER RESERVES THE RIGHT TO ACCEPT OR REJECT ANY AND
ALL BIDS
12% Buyers Premium on all sales
3% Internet Fee
Full Payment at Termination of Sale

ALL SUCCESSFUL WINNING BIDDERS WILL BE REQUIRED TO SIGN A SALE AGREEMENT FORM THAT IS POSTED ON THE SCHNEIDER INDDUSTIRES WEBSITE OR ACCESSIBLE BY THIS LINK:
https://static.auctionservices.com/documents/57710/ralcorpterms_1_.pdf

FAILURE TO SIGN THIS FORM COULD RESULT IN A CANCELATION OF YOUR SALE WITH NO REFUND OF ANY DEPOSITS OR PAYMENTS.

CREDIT CARDS ARE NOT AN ACCEPTABLE FORM OF PAYMENT FOR THIS AUCTION. BIDDERS MUST ENTER CREDIT CARD INFORMATION FOR BIDDER REGISTRATION/APPROVAL PURPOSES ONLY.

1. Only Cash, Checks, Wire Transfers or Cashiers Checks payable to
Schneider Industries Inc. will be accepted. No equipment will be removed
from the sale site until payment is received by Schneider Industries. NO
EXCEPTIONS!

2. While descriptions are believed to be correct, the seller?s agent or the
owners make no warranties or guarantees expressed or implied, as to the
genuineness, authenticity of, or defect in any lot and will not be held
responsible for advertising discrepancies or inaccuracies. Everything sold
?AS IS? and ?WHERE IS? except as expressly made in writing. No
warranties are made as to the merchantability of any items or their fitness
for any purpose.

3. Purchaser hereby agrees to defend, indemnify and hold harmless
Seller its directors, officers, employees and other agents and
representatives from and against any and all liabilities, judgments, claims,
settlements, losses, damages, penalties, obligations and expenses,
including attorney's fees and expenses and other professional fees and
expenses, 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 Goods sold hereunder.
This indemnification shall survive delivery of the Goods to Purchaser and
any subsequent sale or other transfer of the Goods to a third party.

4. It is the buyer?s responsibility to secure all equipment to meet all
applicable government safety standards in using or removing items
purchased. All Import, Export, Taxes, Packaging, Rigging & Transportation
fees are the buyer's responsibility. Schneider Industries will provide our
customary invoice.

5. Sales Tax will be added to the purchase of all taxable items. Dealers
who purchase for resale must file their resale permit numbers. If sales tax
is not collected at the time of sale and is deemed needed to be paid at a
later date, buyer agrees to pay all required taxes.

6. Purchaser does hereby indemnify and hold harmless auctioneer and
seller from any and all damages, claims or liabilities from injuries to
persons or property of any type whatsoever caused during the sale or by
the removal of items purchased.

7. Seller?s agent and Seller shall have no liability to the purchaser due to
non-delivery of any item for any reason other than to return to the
Purchaser the monies deposited for non-delivered items.

8. In the event the purchaser fails to pay the whole of the purchase within
the time set forth by the auctioneers and/or fails to comply with any of the
conditions or terms of sale, the seller may retain and/or recover the deposit
specified as liquidated damages and, in addition thereto, items that are not
paid for can be resold at public or private sale without further notice. Any
deficiency resulting from such resale shall be paid to the auctioneers by the
defaulting purchaser together with all charges, fees, and expenses incurred
by such resale and enforcement of the obligation hereunder.

9. The Bidder becomes solely responsible for all items purchased by him
immediately following his winning bid at the auction. Therefore, he is
advised to further guard and insure his items at his own discretion.
10. Items must be removed from the premises within the removal time
announced at the sale. No item can, on any account, be removed before
termination of the sale. Removal shall be at the expense, risk and liability of
the purchaser. Auctioneers shall not be responsible for items not removed
within the time allowed. If equipment is not removed within specified
removal time, purchaser shall be liable for any moving and storage costs
incurred and, if not so removed, the items shall be deemed abandoned.

11. If any shortage exists on estimated counts, an adjustment will be made
if claims are made at time of removal. No adjustment will be allowed after
items are removed from the premises.

12. Technology Disclaimer: Auctioneer does not warrant that the functions,
features or content contained in the website, including any third-party
software, products or other materials used in connection with the website,
will be timely, secure, uninterrupted or error-free, or that defects will be
corrected.
13. If any dispute arises between two or more bidders, the seller?s agent
may or may not put the lot up again at once, and resell.

14. The seller?s agent, when acting as agent only, is not responsible for
acts of its principals.

15. 12% Buyers premium will be applied to all sales. Seller reserves the
right to accept or reject any and all bids.

16. By accepting a sale listing catalog and signing this form the buyer
agrees to these terms and any announced terms at the sale.


By signing below I agree all written and announced terms:

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Name Signature
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Date Company Name
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Buyer # Company Phone

E-mail Address:

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You may receive notifications regarding your purchases as well as
notifications of our upcoming sales.