KINGRIDGE BANKRUPTCY & CONSIGNMETN AUCTION TERMS & CONDITIONS The following Terms & Conditions apply to the Online Bankruptcy & Consignment Auction. In order to bid, you must read and accept all of the terms and conditions set forth below. (Scroll Down To See All Terms) Buyer's Premium: A buyer's premium of Ten percent (10%) of the high bid will be added to the bid to determine the final sales price for the auction lot. Preview for auction Items 1-5 only: Monday, April 8th From 4:00pm-6:00pm at 7295 Harper Rd. Sweet Home, AR 72206. Preview for auction items 6-9 only: Monday, April 8th From10:00am-1:00pm in Snow Lake, AR at GPS Coordinates (34.0687408, -91.0664674) Plus Code: 3W9M+FC Snow Lake, Arkansas (Enter this into google maps). Pick up/Item Removal for auction lots 1-5 only: Thursday, April 11th from 9:00am-5:00pm at 7295 harper Rd. Sweet Home, AR 72206. Pick up/Item Removal for auction lots 6-9 are by appointment only. Auctioneer will coordinate with successful bidder at the conclusion of this auction. Wooley Auctioneers, Inc. (Auction Company) is providing an Internet auction as a service to Bidder. Bidder acknowledges and understands that this service may or may not function correctly the day of the auction. Under no circumstances shall bidder have any kind of claim against Auction Company or anyone else if the Internet service fails to work correctly during the online auction. Auction Company will not be responsible for any missed bids from any source. Internet bidders who desire to make certain their bid is acknowledged should use the proxy bidding feature and leave their maximum bid at least 24 hours before the auction closes. Auction Company reserves the right to withdraw or re-catalog items in this auction. Participation Requirements: Name, address, daytime phone number, email address and a Valid Credit Card required for bidding approval Buyer's Contract: Your bids placed on the Wooley Auctioneers website are a contract and you are responsible for paying all amounts due. If you cannot pay for and pick up the items during the times specified, then you must not bid. Contact Auctioneers if you foresee a problem. Payment Options: Visa, MasterCard or Discover, American Express, Cashiers Check, Wire Transfer or Cash. (No Personal Checks - Must be Cashiers Check) If paying cash, cashier's check or wire transfer, contact auctioneer Brad Wooley at 501-940-3979 BEFORE this auction closes to be added to the cash list, otherwise we will run the card we have on file at the conclusion of this auction. Payment Instructions: ALL accounts will be settled at the conclusion of this auction. We will immediately charge the credit card you have on file with Wooley Auctioneers for your purchases, plus buyer's premium of 10%. If Paying with Cash or Cashier check, contact auctioneer Brad Wooley at 501-940-3979 to be added to the cash list, otherwise we will run the card that we have on file at the conclusion of this auction. *** A $25 service fee will be charged to any account whose credit card on file is declined requiring additional time and telephone contact to establish payment for merchandise. Please respond immediately by email if you KNOW that you will need to use an alternate method of payment. Retention of Credit Card Information: By providing your credit card information, you authorize Wooley Auctioneers, Inc. to charge your credit card for the purchase amount of any successful bid plus Buyer's Premium immediately following the auction. Buyer's Premium: A buyer's premium of Ten percent (10%) of the high bid will be added to the bid to determine the final sales price for the auction lot. Shipping: Auction company does not ship. Buyer is responsible for the removal of all items and equipment. Failure to Pick-Up Items: All items MUST BE REMOVED from the premises at the designated times. IF YOU FAIL TO PICK-UP ANY ITEMS on the days that have been scheduled YOU WILL BE CONSIDERED TO HAVE FORFEITED THE ITEMS. Please contact the Auction Company if you foresee a problem. Currency Type: USD Auction Location: Internet Online ONLY Special Terms of Sale: 1. YOUR BID IS A CONTRACT TO BUY should you be the winning bidder. 2. All property is sold "AS IS". 3. There are no returns, refunds or adjustments. 4. Age Requirement: All bidders must be 18 years of age or older. 5. Our Internet on-line auctions move quickly! If you are interested in an item, bid quickly. If you win an item in the auction you will be notified by email. Any debt collection or dispute proceedings will be heard in Pulaski County, Arkansas. 6. ALL SALES ARE FINAL. Your bid IS A CONTRACT TO BUY should you win. 7. By bidding on any item, the bidder shows acceptance of the terms of the auction 8. The auction company reserves the right to refuse service to any person. 9. All announcements made prior to the close of the Internet bidding take precedence over all written or verbal statements. 10. Wooley Auctioneers attempts to describe the merchandise to the best of our abilities however we make no representations or guarantees. In no event shall Wooley Auctioneers, Inc. be held responsible for having made or implied any warranty of merchantability or fitness for a particular purpose. Nor shall we be responsible for any errors or omissions in the description of the merchandise. EXPLANATION SOFT CLOSE: if an item receives a bid within the last minute, then the close time will be extended 1 minute from the time the bid is placed. The time will continue to be extended for 1 minute with each newly placed bid and the item will not close until 1 minute has elapsed with no additional bid activity. This does eliminate "snipers" from our Internet Auctions. Please be assured that we have taken every precaution to set the site up in a transparent manner that allows for the fairest environment for both buyers and sellers.