Welcome to McDougall Auctioneers, your total source for buying recreational equipment, farm equipment, business equipment, vehicles, agricultural, industrial equipment and much more. Please read and review the terms and conditions ("the Agreement") below carefully. This Agreement summarizes the rules governing your use of www.mcdougallauction.com. The Agreement enables the owners of www.mcdougallauction.com, McDougall Auctioneers (hereinafter "www.mcdougallauction.com"), to offer an easy, secure and fair place for buyers of bank repossessed and lease returned recreational equipment, farm equipment, business equipment, vehicles, agricultural and industrial equipment to enter into contracts with www.mcdougallauction.com for the purchase of such equipment. When you click on the "place bid" button on the "Place Bid" page you are entering into a legal contract with McDougall Auctioneers in which you agree to abide by this Agreement in all aspects of your use of www.mcdougallauction.com. Anyone using www.mcdougallauction.com, executing a bid for an item on www.mcdougallauction.com, or requesting an item on www.mcdougallauction.com, will be deemed to have consented to this Agreement. If you do not agree to these terms and conditions, you may not place a bid on www.mcdougallauction.com or use any services of McDougall Auctioneers. As used in this Agreement, "you" are an individual acting on your own behalf, or "you" are an agent of a person or entity that has authorized you to act on that person's or entity's behalf.

Eligibility And Authorized Use

Use of www.mcdougallauction.com is limited to persons who may lawfully enter into and form contracts under applicable law. For example, minors are not allowed to enter bid contracts. By using www.mcdougallauction.com, you warrant or certify that: - You are at least 18 years of age (or older, if required by applicable law) and possess the legal authority to enter into this Agreement. - You agree to be financially responsible for all of your use of www.mcdougallauction.com (as well as for use of your account by others, including without limitation minors living with you). - You agree to supervise and be responsible for all usage of minors of www.mcdougallauction.com under your name or account. - All information supplied by you or members of your household in using www.mcdougallauction.com, including without limitation your name, email address, street address, telephone number is true and accurate. You Agree to pay all penalties, damages, losses, lawyer's fees, anticipated selling commissions as per value deemed by www.mcdougallauction.com and expenses incurred by McDougall Auctioneers in the event you do not provide accurate information. McDougall Auctioneers reserves the right to consider certain usernames as invalid, misleading, or inappropriate, and we may ask users with such usernames to change them. Notwithstanding the foregoing or any other provision of this Agreement, McDougall Auctioneers reserves the right to refuse any bid for any reason in its sole discretion. All registered and existing users must have a current and accurate email address and certify that all of the information entered on the registration including credit card information is true and correct. At the time of registration, you consent to have McDougall Auctioneers store your credit card information on file. Upon registration you are authorizing McDougall Auctioneers to verify your credit card information by charging your credit card a non-refundable $1.00 dollar plus applicable taxes verification charge. Any credit card changes after registration will result in an additional non-refundable $1.00 dollar plus applicable taxes charge per credit card verification. With respect to existing customers a non-refundable $1.00 dollar plus applicable taxes charge will be levied if verification is required.

McDougall Auctioneers reserves the right to revoke bidding privileges for any reason deemed necessary and is not liable for any loss of bidding and/or potential purchases under any circumstances. McDougall Auctioneers will not be held liable for any electronic/auto generated communication for the online bidding process.

Buying

As a buyer, you are obligated from the time you place your offer or bid to complete any purchase for which your offer is accepted, or your bid represents a winning bid in accordance with the specifications of www.mcdougallauction.com. You may not retract any offer or bid. You may not influence or manipulate the offering or bidding process to compel other buyers to accelerate their offers or bids or hamper others from offering or bidding without interference. Owners/Consignors are forbidden by contract from bidding on items they are selling. We describe all units based on a visual inspection only. We make a good faith effort to accurately describe each item, however there may be hidden damage or details we may unintentionally miss that may appear obvious to the buyer. If you bid on an item, you agree and fully understand all the terms and conditions of the use and interaction and payment/pick up conditions of www.mcdougallauction.com. By bidding on www.mcdougallauction.com or its subsidiary website addresses you agree that everything is sold on a AS IS WHERE IS basis with no guarantee of road worthiness or its entirety. The Buyer acknowledges and agrees that a sale by auction is not subject to the statutory implied and express conditions, warranties and representations contained in The Sale of Goods Act and/or The Consumer Protection and Business Practices Act or similar legislation of any Provinces of Canada. The Buyer acknowledges and agrees that this purchase is ''as is, where is'' and these terms and conditions are meant to be an express agreement between the parties for the purposes of The Sale of Goods Act of any province of Canada, and the Buyer shall not seek to rely upon any express or implied conditions, warranties or representations contained in The Sale of Goods Act and/or The Consumer Protection and Business Practices Act or similar legislation of any Provinces of Canada.

Terms of Reserve Bids / Subject to Approval

On this item or piece of equipment, the customer who places the highest bid will be notified via email advising them that they are the highest bidder, and the reserve price has not been met. The customer will be further advised that their bid has been submitted to the seller for consideration and is pending approval. A sales representative will be in contact with you within 48 hours to confirm the outcome of acceptance. Please note that your bid is binding throughout the 48-hour approval period and if accepted by the seller you must carry through with your purchase with no exceptions. If you have further questions, please feel free to contact the office at 1-800-263-4193.

Subject to Redemption

The phrase "subject to redemption" regarding an item or equipment signifies the possibility of the said item being removed from the auction, making it unavailable for sale during the auction process. This typically occurs when the equipment is part of a financial agreement, and we are selling it on behalf of the creditor, giving the original owner the right to reclaim the equipment until a specified date. Another scenario where this term is used is in a legal context, where a resolution is reached during the legal proceedings, rendering the sale of assets unnecessary. In such cases, legal counsel is obliged to withdraw these items from the auction, deeming them no longer eligible for sale. Importantly, "subject to redemption" does not imply any risk that, if the equipment goes to a final auction sale and the transaction is completed, you won't have full and unrestricted access to and ownership of the equipment, free from any liens or encumbrances. The term is primarily used to accommodate the financial institution or legal counsel's ability to withdraw the equipment, vehicle, or asset from the auction sale when legal obligations to any involved parties dictate so.

Terms of Lien Release

Upon payment to McDougall Auctioneers, the sale funds will be forwarded to the creditor in a timely fashion, initiating the release of their registration. While this procedure typically progresses swiftly, please keep in mind that the exact duration may vary. It's important to note that McDougall Auctioneers acts as the custodian of your title's clarity, and this clear title will be reflected in the registration over time. If you require immediate sale financing of the item and cannot accommodate any potential delays, we advise taking this into consideration during your purchase, as our process's speed is subject to external factors out of our control. For any inquiries, please direct them to financialcommunications@mcdauction.com.

Fees

McDougall Auctioneers reserves the right to charge various fees to buyers for the use of any and all services of www.mcdougallauction.com, including, but not limited to, sale and/or auction listings and transaction fees based on completed transactions using www.mcdougallauction.com. McDougall Auctioneers reserves the right to charge a buyer's premium which is laid out on each lot. For example, 15% to a max of $1250.00. If there is a lot with a Must Take X Times the Bid Price the buyer's premium will be charged on a per item basis, not on a lot basis. For example, if you are bidding on a lot described as Yamaha Golf Cart (Must Take 3 Times the Bid Price) and the bid price sold is $2,500.00, the total of the purchase would be $7,500.00 plus 15% buyer's premium of $1,125.00 plus applicable taxes. The buyer's premium/fee is subject to change at the discretion of McDougall Auctioneers www.mcdougallauction.com further reserves the right to impose or change any and all fees from time to time including a 3% fee for use of Visa/Master Card to pay for purchases. Buyers are responsible for any charges, duties, taxes, and assessments arising out of their use (and the use by another acting as an agent of a buyer or over whom a buyer has control) of www.mcdougallauction.com. McDougall Auctioneers reserves the right to charge buyers fees and/or buyer's premiums on all items sold. McDougall Auctioneers reserves the right to charge fees to buyers for their use of any inspection services offered by McDougall Auctioneers. Further, McDougall Auctioneers has the right to charge storage fees for items that are not recovered by the winning bidder within the allotted release period from receiving notification of successful bid. The rate charged for items left at a McDougall Auctioneers sale location over the allotted release period shall be subject to, $5 per item per day on items stored inside and a minimum $25.00 per item per day on items stored outside unless otherwise arranged. Applicable storage fees will accrue from the original sale date. If property is not physically picked up within the allotted release period from receiving notification on sale closing day we reserve the right to resell with or without notification. Photo ID is required on pick up of all equipment and merchandise purchased from our yard site. A letter or email of authorization will be required if buyer is unavailable to pick up items and sends a third party to do so. For live auction sales, proxy bidding & phone bidding will be accepted for a 3% 'proxy premium' to a max of $1250.00.

Abandoned Items

Any item(s) paid or outstanding and determined to be abandoned by McDougall Auctioneers, following the allocated pick-up terms and conditions of the sale shall be treated as "Abandoned Property". McDougall Auctioneers will initiate the abandonment process at their discretion with or without notifying the purchaser which will include but not limited to, sale of the item(s), removal from site, forfeit of funds, site cleanup and associated fees which may include storage, administration, commission and or other miscellaneous charges.

Terms Of Sale

If your offer is accepted or you place the winning bid in an auction, you must tender payment to McDougall Auctioneers within three (3) business days and/or the allotted payment timeline terms as laid out on the auction event, inclusive of the closing day of the auction in which your offer was accepted or you placed the winning bid. Payment is required to be made in the form of a certified cheque, cashier's check, money order, cash, or a wire transfer of immediately available funds, and must be made payable to McDougall Auctioneers, for an amount equal to the full amount of the buyer's winning bid plus listed transaction fee and any applicable sales tax and title transfer fees in Canadian Funds. You agree to pay for your purchase within three days of the closing date of the online auction, and you also agree to pick up your purchase within five days of online sale closing. In the event that your account is not paid in full, you consent to have McDougall Auctioneers to use any/all credit cards on file to balance the account. You authorize payment and agree for McDougall Auctioneers to collect funds on a credit card without verification of signature or pin number. McDougall Auctioneers reserves the right to take a non-refundable deposit on outstanding accounts of up to 10% of the balance owing. For Saskatchewan Ministry of Agriculture sales where the bidder has been determined to be delinquent or disqualified, either at McDougall Auctioneers or the Ministry of Agriculture's determination for any reason including but not limited to non-payment, missing paperwork, lack of communication, etc. We reserve the right to charge the delinquent or disqualified account a penalty fee of 2% of the total bid price, payable to McDougall Auctioneers and authorize McDougall Auctioneers to charge any and all credit cards on file and or pursue with legal action plus expenses to balance the delinquent account. In addition, the bidder would be banned from all future McDougall Auctioneers auction sales including all Saskatchewan Ministry of Agriculture auctions. For Saskatchewan Ministry of Agriculture leases allocation auctions where the bidder has been determined to be delinquent, either at McDougall Auctioneers or the Ministry of Agriculture's determination for any reason including but not limited to ineligibility, disqualification, non-payment, missing paperwork, etc. We reserve the right to charge the account a penalty fee of $750.00.00 CDN, payable to McDougall Auctioneers and authorize McDougall Auctioneers to charge any and all credit cards on file and or pursue with legal action plus expenses to balance the delinquent account. In addition, the bidder would be banned from all future McDougall Auctioneers auction sales including all Saskatchewan Ministry of Agriculture auctions. www.mcdougallauction.com is also an Approved Auction through Automotive Finance Corporation (AFC). We will accept payment from AFC drawn against a credit account a dealer has in place with this lender. Without limiting McDougall Auctioneers discretion, no corporate checks without a bank guarantee and no personal checks will be accepted. No title or possession shall pass to the buyer until the total amount of the outstand debt has been paid to McDougall Auctioneers. If McDougall Auctioneers fails to receive the accepted offer or winning bidder's payment within the (3) day and or the allotted payment time period, following the close of the sale or auction in which the buyer submitted the accepted offer or winning bid, the accepted offer or winning bid shall be deemed null and void effective at 12:01 am Central Time on the following day. If the buyer defaults in making timely payment or in any other respect whatsoever, McDougall Auctioneers shall be held harmless against any and all related lawsuits and judgments arising there-from. Purchaser is responsible for paying the entire amount due in its entirety to McDougall Auctioneers, including any applicable taxes, shipping and other charges prior to any item being released. Shipping / Mailing smaller items will always be subject to a minimum $5.00 charge, or an increased fee at the discretion of McDougall Auctioneers staff. With respect to applicable taxes, McDougall Auctioneers will advise you subsequently of the exact amount of tax due on your purchase. If the item is not paid in full within the (3) day and or the allotted payment time period or if you, as a high bidder (buyer), convey to McDougall Auctioneers in any way that you are "backing out" of your responsibility to purchase a unit that you are the high bidder on with the reserve being met your bidding privileges will be revoked. However, McDougall Auctioneers reserves the right to remove or sell items if the item is deemed of no interest, and only if there has been no prior bidding activity on that lot. Auction Company's Right to Restart Bidding: McDougall Auctioneers reserves the right to restart the bidding in the event of a prodigious mistake bid or a material change in the item being sold. In the event of such circumstances, the auction company may or may not notify bidders of the situation and may restart the bidding at a level that is fair and appropriate under the circumstances. The auction company's decision to alter the bidding will be final, and it will not be responsible for any loss or damages suffered by bidders as a result of the alteration. Bidders are advised to regularly check the item description and other information related to the auction, as changes or mistakes may occur at any time. Collapsing a Sale Post Auction: In exceptional circumstances, McDougall Auctioneers reserves the right to collapse a sale post-auction. Such circumstances may include, but are not limited to, a material change in the item being sold that was not disclosed prior to the auction, a serious error or mistake in the bidding process, or any other situation that the auction company deems justifies the collapse of the sale. In the event that a sale is collapsed post-auction, the auction company will notify the winning bidder as soon as possible and will refund any payments that have been made in connection with the sale. The auction company's decision to collapse a sale post-auction will be final, and it will not be responsible for any loss or damages suffered by the winning bidder as a result of the collapse. Clear Title: McDougall Auctioneers makes every effort to ensure that all items sold have a clear title. However, in the event that clear title cannot be achieved, McDougall Auctioneers may cancel the sale or withdraw the item from the auction. If an item is withdrawn from the auction due to a lack of clear title, the auction company will not be responsible for any damages or costs incurred by bidders or buyers. The auction company's decision to cancel a sale or withdraw an item from the auction due to a lack of clear title will be final. The customer or agent of the customer acknowledges and understands that damages may occur during the loading and unloading service provided by McDougall Auctioneers. By using www.mcdougallauction.com or its affiliates the customer hereby releases McDougall Auctioneers from any and all liability associated to the loading and/or unloading service. We reserve the right to additions and deletions of items in live or online auction at any time for any circumstance. Upon the fall of the hammer or in a similar manner, all property or assets sold immediately become the exclusive responsibility of the buyer. From that moment, any risk of loss, theft, or damage is borne entirely by the buyer, who recognizes their duty to secure, defend, and insure their acquired items. A maximum limit of $2,500.00 will be accepted via online credit card payment, and if the invoice amount is higher than $2,500.00, other certified payment arrangements must be made within the payment terms laid out in this agreement. If McDougall Auctioneers does not receive full payment within the allotted payment terms laid out within the auction details, interest on overdue amounts will be paid by the purchaser at a rate of 18% per annum or at such other maximum rate as allowed by law, together with any legal or collection costs incurred by McDougall Auctioneers.

Sale of Asset Liability Disclaimer

McDougall Auctioneers makes no representations or warranties of any kind, express or implied, as to the accuracy, completeness, suitability, or reliability of any information, content, materials, products, services, or items sold through the auction. McDougall Auctioneers disclaims any liability for any defects, errors, inaccuracies, or omissions in any information, content, materials, products, services, or items sold through the auction. McDougall Auctioneers is not responsible for any certification, safety, or CSA approval of any items sold through the auction. The buyer assumes all risks and liabilities associated with the purchase and use of any items sold through the auction. The auction company shall not be liable for any direct, indirect, incidental, special, or consequential damages arising out of or in connection with any items sold through the auction, including but not limited to personal injury, death, property damage, or economic loss.

Firearms License Disclaimer

McDougall Auctioneers does not undertake the responsibility of verifying the licensing status or qualifications of bidders in relation to the Firearms Act (SC 1995, c. 39) or any other applicable laws and regulations. It is the sole responsibility of the bidder to ensure they are in compliance with the Firearms Act and any other relevant federal, provincial, and local laws and regulations regarding the purchase, ownership, transfer, and transportation of firearms. By participating in our firearms auctions, bidders acknowledge and agree that they are fully responsible for understanding and adhering to the requirements set forth in the Firearms Act (SC 1995, c. 39) and any other pertinent legal obligations. This responsibility includes, but is not limited to, possessing valid firearms licenses, registration certificates, and permits as required under the Firearms Act and associated regulations. McDougall Auctioneers will not be held liable for any failure on the part of bidders to comply with the Firearms Act or any other legal requirements. Bidders are required to ensure that they meet all legal prerequisites for the transfer, ownership, and transportation of firearms, with no exceptions under any circumstances.

No Guarantee of Authenticity

By participating as an online bidder on our platform, you acknowledge and agree that McDougall Auctioneers makes no guarantee, warranty, or representation regarding the authenticity of any items listed for auction. All items are sold "as is, where is" and without any express or implied warranty of authenticity. While we strive to provide accurate and detailed information about the items, including provenance and historical context, we cannot verify the authenticity of each item listed on our platform. It is the responsibility of the bidder to conduct their own due diligence and research before placing a bid. By placing a bid, you accept that any decision to bid on an item is made at your own risk, and McDougall Auctioneers shall not be held liable for any disputes, claims, losses, or damages arising from the authenticity or misrepresentation of any auctioned item. We strongly encourage bidders to carefully review item descriptions, images, and any available supporting documentation, and to seek independent expert opinions when necessary. Additionally, we may provide information about third-party authentication services, but we do not endorse or guarantee the results of such services. By participating in our online auctions, you agree to release McDougall Auctioneers and its affiliates, employees, agents, and representatives from any liability related to the authenticity of auctioned items, and you fully assume all risks associated with bidding and purchasing items through our platform. By participating in the auction, the buyer acknowledges and accepts full responsibility for assessing the condition, authenticity, and suitability of the item before submitting any bids or making a purchase. The buyer agrees not to hold McDougall Auctioneers accountable for any misrepresentations, inaccuracies, defects, or undisclosed information related to the item, and further agrees to indemnify and hold harmless McDougall Auctioneers from any resulting damages, losses, or claims arising from their failure to conduct proper due diligence. This release of liability is a binding agreement between the buyer and McDougall Auctioneers and applies to all transactions conducted on our platform. This clause is a fundamental part of our terms of service, and by continuing to use our platform as an online bidder, you signify your acceptance and understanding of this no guarantee of authenticity policy.

Terms of Buy Now

If you initiate the BUY NOW option on a lot you must contact the office immediately and make a down payment of 10% of the buy now price. The remaining amount must be paid in full within 24hrs of initiating the buy now option. The Buy Now option is no longer available after 9:00 AM closing day of the auction.

Modification of This Agreement

McDougall Auctioneers reserves the right to amend this Agreement at any time. All modifications and amendments will be posted on the www.mcdougallauction.com website, and you are responsible for regularly reviewing and understanding these modified or amended terms and conditions. Unless otherwise specified by McDougall Auctioneers or by law, any modifications or amendments shall be effective immediately upon posting to this site.

Links To And From Third Party Sites

Www.mcdougallauction.com may contain hyperlinks to web sites of affiliates and advertisers. These linked sites provide services of affiliates and advertisers who are independent of www.mcdougallauction.com. McDougall Auctioneers provides these links to you solely as a convenience, and the inclusion of any link does not imply endorsement by www.mcdougallauction.com of the site or any association with its operators. The linked sites are not under the control of McDougall Auctioneers and McDougall Auctioneers is not responsible for the contents of any linked site, including without limitation any link contained in a linked site, or any changes or updates to a linked site. McDougall Auctioneers is not responsible for web casting or any other form of transmission received from any linked site.

No Unlawful Or Prohibited Use

As a condition of your use of www.mcdougallauction.com, you warrant that you will not use www.mcdougallauction.com for any purpose that is unlawful or prohibited by this Agreement. You may not use www.mcdougallauction.com in any manner that could damage, disable, overburden, or impair www.mcdougallauction.com or any user of www.mcdougallauction.com, or interfere with any other party's use of www.mcdougallauction.com. It is your responsibility to determine whether the purchase of any listed item is legally permissible.

Use of Information Provided by Users to McDougall Auctioneers

When you register to become a user of www.mcdougallauction.com, you provide us with information about you and your business. McDougall Auctioneers. primary goal in collecting information is to facilitate the sale of an item listed on the www.mcdougallauction.com website. You are sharing the information that you provide with McDougall Auctioneers alone, unless it is specifically stated otherwise. We also provide to buyers the information necessary to facilitate the sale or auction transaction between the buyer, seller and McDougall Auctioneers may disclose from time to time aggregated user statistics that do not identify individual users in order to describe our services to prospective partners, advertisers, and other third parties, and for other lawful purposes. McDougall Auctioneers may disclose account information in special cases when we have reason to believe that disclosing this information is necessary to identify, contact or bring legal action against someone who may be violating www.mcdougallauction.com's Terms and Conditions of Use of this Site or may be causing injury to or interference with (either intentionally or unintentionally) McDougall Auctioneers rights or property, other www.mcdougallauction.com users, or anyone else that could be harmed by such activities. McDougall Auctioneers may disclose or account information when we believe in good faith that the law requires it and for administrative and other purposes that we deem necessary to maintain, service, and improve our products and services.

No Professional Advice

Any information supplied by any employee or agent of McDougall Auctioneers, whether by telephone, e-mail, letter, facsimile or other form of communication, is intended solely as general guidance on the buying services offered through www.mcdougallauction.com, and does not constitute legal professional advice

No Warranty

McDougall Auctioneers provides its products and services "as is, where is" and without any warranty or refund or representation as to condition, express or implied. McDougall Auctioneers does not guarantee the safety or road worthiness of any of its sale items and strongly recommends to have the items inspected post sale prior to use.

No Guarantee of Continuous Operation

McDougall Auctioneers will endeavor to use diligent and reasonable efforts to maintain the security and operational integrity of the website. However, numerous factors outside the control of www.mcdougallauction.com may interfere with the operation of its web site, and accordingly, www.mcdougallauction.com does not guarantee continuous, uninterrupted or secure access to its services. It is the bidders responsibility to "refresh" each webpage to update to the most current information provided.

Indemnification

McDougall Auctioneers is not responsible for any communication or transaction among users. As a user, you agree to release, indemnify and hold harmless McDougall Auctioneers and its officers and employees from any and all claims, demands and damages (whether actual and/or consequential), including reasonable lawyer's fees, resulting from or associated in any way with your use of www.mcdougallauction.com, your violation of this Agreement or any applicable laws or regulations, or your violation of any rights of another.

Right to Independent Action

McDougall Auctioneers reserves the right, in its sole discretion, to take any independent action it concludes is necessary or desirable to protect the interests of McDougall Auctioneers and eliminate or mitigate any potential liability or injury to any party which may arise.

No Waiver

The failure of McDougall Auctioneers to enforce any terms of this Agreement or respond to a breach by you or other parties shall not in any way waive its right to enforce subsequently any terms or conditions of this Agreement or to act with respect to similar breaches.

Site Outage During Auction Closing Time

If a site outage occurs on the day of the auction sale closing, any auction lots affected by the outage will receive a 24-hour extension from the originally scheduled closing time to the following business day. The last registered bid before the site outage will be reinstated once the www.mcdougallauction.com site is back online. Lots that were closed before the site outage will remain binding, and all the terms and conditions of www.mcdougallauction.com will still apply.

Extension of Scheduled Closing Time

The website www.mcdougallauction.com adheres to a predetermined closing date and time for each listed lot. It operates on a server time, indicating when the bidding will conclude according to that time. As a registered bidder, it is the bidders responsibility to ensure their bid is submitted prior to lot close. McDougall Auctioneers takes no responsibility for late attempts to bid, however to maintain fairness in the process, McDougall Auctioneers reserves the right to extend the closing time if a bid is successfully placed within the last 10 minutes. The server is programmed to automatically prolong the closing time by 10 minutes after the last bid. For instance, if the closing time is originally set for 12:00pm and a new bid is made at 11:55am, the bidding will now continue until 12:05pm.

International Bidding, Legal Entity Distinction, and Jurisdiction Clause

By participating in auctions facilitated by McDougall Auctioneers on www.mcdougallauction.com, you, the bidder or user, acknowledge and agree to the following terms:

Distinct Legal Entities: McDougall Auctioneers operates through two separate legal entities: McDougall Auctioneers Ltd. in Canada and McDougall Auctioneers Inc. in the United States. Each entity is independent and subject to the laws and regulations of its respective country. Your contractual relationship, obligations, and interactions are with the entity of the country where the auctioned item is located.

Entity-Specific Bidding: When bidding on items located within the United States, your engagement is with McDougall Auctioneers Inc. Bidding on items located in Canada entails engagement with McDougall Auctioneers Ltd. This distinction affects whom you are entering into a contract with and under which jurisdiction the contract falls.

Unified Terms and Conditions: Although McDougall Auctioneers Ltd. and McDougall Auctioneers Inc. adhere to fundamentally the same Terms and Conditions for ease of user experience, you agree that any transaction or legal matter arising from your use of www.mcdougallauction.com is exclusively governed by the terms of the specific entity related to the item's location. The Terms and Conditions, including but not limited to bidding, buying, and payment processes, as well as legal liabilities and dispute resolutions, apply according to the governing entity's jurisdictional laws.

Liability and Legal Separation: You explicitly agree that McDougall Auctioneers Ltd. and McDougall Auctioneers Inc. are separate legal entities. A claim or legal action against one entity is not transferrable to or enforceable against the other. You agree not to initiate or attempt to initiate legal proceedings against McDougall Auctioneers Ltd. for matters pertaining to transactions with McDougall Auctioneers Inc., and vice versa.

Jurisdiction and Governing Law: For disputes arising out of or related to transactions or activities with McDougall Auctioneers Ltd. and items located in Canada, this Agreement shall be governed by and construed in accordance with the laws of the Province of Saskatchewan, Canada. The parties agree that any legal action or dispute shall be brought in and adjudicated by a court of competent jurisdiction in the Province of Saskatchewan, Canada.

For disputes arising from transactions or activities with McDougall Auctioneers Inc. and items located in the United States, this Agreement shall be governed by and construed in accordance with the laws of the State of Nevada, USA. The parties agree to the exclusive jurisdiction and venue in the courts of Elko, Nevada, USA for the adjudication of any disputes.

Acknowledgment of Terms: By registering an account, placing a bid, or engaging in any transaction on www.mcdougallauction.com, you acknowledge that you have read, understood, and agreed to all terms and conditions set forth. You confirm that all information provided during registration and bidding is accurate and true, and you agree to update such information as necessary to maintain its accuracy.

SELLERS TERMS AND CONDITIONS AS PER CONSIGNMENT TO AUCTION CONTRACT

The following terms and conditions (the Terms) apply to any Consignment to Auction agreement, McDougall Auctioneers Ltd. services agreement, preferred provider agreement or multi-channel Contract to Auction between you and McDougall Auctioneers Ltd. (each a Contract to Auction, collectively with the Terms, the Agreement) and are in addition to the terms and conditions set out in the Contract to Auction. These Terms are separated into four sections as follows:

A. Terms and Conditions applicable to both Live or Online Auction Events

B. Terms and Conditions Applicable to Only Live or Online Auction Events

C. Terms and Conditions Applicable to Only Online Events

D. General Fees for Equipment Please ensure you review each and every section relevant to your Agreement. Unless otherwise defined in these Terms, capitalized words have the meanings provided in the Contract to Auction.


A. TERMS AND CONDITIONS APPLICABLE TO BOTH LIVE OR ONLINE AUCTION EVENTS AND ONLINE EVENTS

1. Contracting Party, Notice, Governing Law Unless otherwise indicated in the Contract to Auction, the applicable McDougall Auctioneers Ltd. contracting entity, notice address, governing law/venue, and currency will depend on the location of Equipment at the time of sale, and shall be as set forth in the table below. Any notice sent shall be sent to the attention of Legal Affairs at the notice address for the applicable McDougall Auctioneers Ltd. contracting entity set out below with a copy to riley.m@mcdauction.com. Any legal action brought by the Seller arising from or relating to this Agreement shall be litigated exclusively in the jurisdiction of the applicable McDougall Auctioneers Ltd. contracting entity set out in the table below and the parties irrevocably attorn to such jurisdiction for the resolution of such disputes. This Agreement shall be governed by and in accordance with the laws of the Province of Saskatchewan, and that the parties hereto agree that a dispute about this Agreement shall be litigated in a Court of competent jurisdiction in the Province of Saskatchewan.

2. Limitation Period.
YOU AGREE THAT ANY CLAIM YOU BRING ARISING OUT OF OR RELATED TO THIS AGREEMENT MUST BE COMMENCED WITHIN SIX MONTHS AFTER THE DISPUTE AROSE, AND IF NOT COMMENCED TIMELY SHALL BE PERMANENTLY BARRED.

3. Improperly Filed Legal Disputes.
Any claims that are filed or brought contrary to this Agreement shall be improperly filed and of no force and effect.

4. Creation of Lien.
In addition to any other rights or remedies available to McDougall Auctioneers Ltd., this Agreement creates a lien and charge upon the Equipment and may be registered under any applicable personal property security legislation as may be in effect from time to time and entitles McDougall Auctioneers Ltd. to seize and retain possession of the Equipment as security for, and to sell the Equipment to recover, all sums owing hereunder.

5. Sellers Representations and Warranties.
The Seller represents and warrants that: (a) the Equipment is, and on the date of sale will be, owned by the Seller free and clear of any and all registered and unregistered liens, security interests, tax or duty obligations or other encumbrances or contrary claims whatsoever (Encumbrances), except as set out in the applicable Schedule A and/or Schedule B of the Contract to Auction; (b) the Equipment is in good operating condition, free of material defects, except as disclosed to McDougall Auctioneers Ltd. on the applicable Schedule; (c) the Seller is solvent and has not made, nor is it aware of, any assignment, proposal or other proceeding for the benefit of its creditors; (e) the description of the Equipment shall be accurately set forth on the applicable Schedule, and in the case of all motor vehicle Equipment, such Equipment has never been re-built, salvaged or glidered except as disclosed to McDougall Auctioneers Ltd.; (f) all odometer and hour meters on the Equipment reflect actual mileage or usage unless otherwise disclosed to McDougall Auctioneers Ltd. on the applicable Schedule of the Contract to Auction; (g) the offering for sale, advertising or selling of the Equipment will not contravene or infringe upon any patent, copyright, trademark, agreement or similar right of any third party; (h) the Equipment has not been modified or tampered with in any manner that would be contrary to applicable legislation or misleading to a potential buyer, including, but not limited to, tampering with emission control devices; (i) the Equipment has not been fraudulently obtained, is not stolen or counterfeit; and (j) the Seller and its signatories are duly authorized to enter into this Agreement and to complete and deliver all Schedules that are delivered to McDougall Auctioneers Ltd..

6. Transaction Fee.
You acknowledge that McDougall Auctioneers Ltd. may charge buyers (Buyers) a transaction fee based on the selling price of each lot.

7. No Buybacks or Price Manipulation.
You shall not bid or make an offer, directly or indirectly, nor allow any other person to bid or make an offer on your behalf, by agency or otherwise, on the Equipment or any part thereof. In the event of price manipulation or a buyback, McDougall Auctioneers Ltd. may, at its option: (a) ban you from future use of the www.mcdougallauction.com and/or participation at a Live or Online Auction Event; (b) cancel any involved transaction(s); and (c) charge you a Buyback Charge set out in Section D.

8. Additional Services.
You may request any of the services outlined in Section D in association with the sale of Equipment and you agree to pay all fees due for services completed. The cost of the services will be deducted from amounts otherwise due to Seller when available. Otherwise, service fees will be invoiced directly to Seller.

9. Right of Set-Off.
McDougall Auctioneers Ltd. may, in its discretion, apply any proceeds from the sale of the Equipment towards any outstanding amounts otherwise due and owing to McDougall Auctioneers Ltd. in connection with any purchases, deficiencies or services rendered by McDougall Auctioneers Ltd.

10. Specific Performance.
In addition to any other remedies that may exist, (i) for listings on www.mcdougallauction.com, if you cancel a listing within two weeks prior to the listing opening time or if you fail to have the Equipment available for transportation no later than one business day following the creation of a Binding Obligation (as defined below) with the Buyer or (ii) you fail to deliver the Equipment to the Site or withdraw the Equipment from a Live or Online Auction Event, you hereby acknowledge and agree that (a) the damages to McDougall Auctioneers Ltd.'s business reputation, brand and customers are significant and irreparable, (b) an adequate remedy at law for such breach is inadequate, and (c) McDougall Auctioneers Ltd. may seek enforcement of this Agreement by means of specific performance or injunction, without any requirement to post a bond or other security, and you waive all rights to object to such an application.

11. Indemnification.

11.1. Indemnity.
You will defend, indemnify and save McDougall Auctioneers Ltd., its subsidiaries and affiliates, and each of their officers, directors, shareholders, employees and agents, harmless against any and all claims, demands, suits, actions, causes of action, damages, costs or charges whatsoever arising from: (a) any breach of the representations, warranties or covenants set out in this Agreement; (b) hazardous materials associated with the Equipment or contamination resulting from any leakage, spills, or malfunction of the Equipment; (c) deficiencies in the provision of documents required for the purpose of titling or registering any part of the Equipment by any purchaser thereof; (d) encumbrances against or defects in title to, or taxes or customs duties payable in respect of, the Equipment or any part thereof; (e) any deficiency in compliance with any applicable environmental rules or regulations; (f) your improper use of the www.mcdougallauction.com; (g) any tax, cost or expense arising from your failure to satisfy any laws or regulations in relation to a transaction; and (h) any negligence, unlawful act, or willful misconduct by you in connection with the Agreement.

11.2. Notice and Control of Claim.
McDougall Auctioneers Ltd. shall promptly notify you in writing of any threatened or actual claim or demand and reasonably cooperate with you to facilitate the settlement or defense thereof. You shall have sole control of the defense or settlement of any claim or demand, provided that McDougall Auctioneers Ltd., at its option and expense, may participate and appear on equal footing with you. You shall not settle any claim or demand without the written consent of McDougall Auctioneers Ltd.

12. Risk of Loss.
The Seller shall be responsible for loss or damage to the Equipment, other than loss or damage arising as a result of the negligence of McDougall Auctioneers Ltd., its agents or employees, until the earliest of: (a) if the Equipment is sold through a Live or Online Auction Event, the removal of the Equipment from the Site by the Buyer; (b) if the Equipment is sold through a www.mcdougallauction.com, the removal of the Equipment from Sellers location or other applicable storage location of the Equipment; or (c) regardless of the venue through which the Equipment is sold, receipt by the Seller of all proceeds from the sale of the Equipment. The Seller shall insure the Equipment, with McDougall Auctioneers Ltd. a loss payee, to its fair market value against all perils so that in the event of damage to, or destruction of, the Equipment or any part thereof, all insurance proceeds shall be credited to the gross proceeds of the sale, regardless of the venue through which the Equipment is sold, and payment made to McDougall Auctioneers Ltd. forthwith for all deductions permitted by this Agreement and shall, upon request, provide McDougall Auctioneers Ltd. with a copy of the insurance certificate, or other documentation evidencing McDougall Auctioneers Ltd. as a loss payee, to the satisfaction of McDougall Auctioneers Ltd..

13. Termination, Rescission and Default.
McDougall Auctioneers Ltd. shall have the right, in its sole discretion, to terminate this Agreement in whole or in part if (a) there are Encumbrances on or to any Equipment in addition to those that are listed in the Contract to Auction, (b) your net proceeds are insufficient to discharge creditor claims and pay McDougall Auctioneers Ltd.'s fees after title is cleared, (c) your lien holders are unwilling to release liens and/or allow Equipment to be listed for sale, (d) you are in breach of the Agreement, (e) you have provided inaccurate, fraudulent, outdated or incomplete information during the registration or listing process or thereafter, (f) you have violated applicable laws, regulations or third party rights, (g) McDougall Auctioneers Ltd. believes in good faith that such action is reasonably necessary to protect the safety or property of other customers, McDougall Auctioneers Ltd. personnel or third parties, or (h) termination is required for fraud prevention, risk assessment, security or investigation purposes. In the event of such termination, in addition to any other remedies available to McDougall Auctioneers Ltd., you shall pay McDougall Auctioneers Ltd. (i) the Listing Fee, if applicable, and (ii) any costs incurred by McDougall Auctioneers Ltd. In addition to the foregoing, in the event of termination as a result of items (d), (e), (f), (g), or (h) of this Clause 13, you shall pay McDougall Auctioneers Ltd. 25% of the estimated market value of Equipment as determined by McDougall Auctioneers Ltd.

14. General.
This Agreement contains the entire agreement of the parties and supersedes all previous communications, representations, understandings and agreements, either oral or written, between us. In the event of a conflict between these Terms and the Contract to Auction, the Contract to Auction shall control. If any provision of this Agreement is held by a court of competent jurisdiction to be invalid or unenforceable, then such provision shall be struck out and the remaining provisions shall continue in full force and effect. The failure by either party to exercise or enforce any rights or provisions of this Agreement shall not constitute a waiver of such right or provision. No partnership, joint venture, or agency relationship is intended or created by this Agreement. In the event of an assignment, this Agreement shall bind and inure to the benefit of the parties, their respective successors and permitted assigns. To the extent any novation is required for McDougall Auctioneers Ltd. to assign this Agreement, you hereby appoint the officers of McDougall Auctioneers Ltd. as your attorney-in-fact to execute all documents necessary to affect such novation. All provisions in this Agreement regarding representations and warranties, indemnification, disclaimers, limitations on liability, and payment obligations for fees incurred prior to the termination date shall survive any termination of this Agreement. Any delay in the performance of any duties or obligations of either party will not be considered a breach of this Agreement if such delay is caused by a labor dispute, market shortage of materials, fire, earthquake, flood or any other event beyond the control of such party, provided that such party uses reasonable efforts, under the circumstances, to resume performance as soon as reasonably practicable.

15. Privacy.
Information provided in the Contract to Auction or under these Terms will be retained by the McDougall Auctioneers Ltd. in accordance with McDougall Auctioneers Ltd. Privacy Statement, provided on www.mcdougallauction.com.

16. Trademarks.
In connection with the Sellers use of the www.mcdougallauction.com and/or Live or Online Auction Event, McDougall Auctioneers Ltd. may use the Sellers name, trademark, logos, service marks and other designations (Marks) to list the Seller as a reference customer and to advertise, promote and market the Equipment. The Seller hereby grants to McDougall Auctioneers Ltd. and represents and warrants that the Seller has a right to grant, a non-exclusive, worldwide license to use, publicly display and perform, reproduce, and distribute the Marks, solely as permitted in this Agreement, including distributing e-mails to potential buyers that incorporate Marks.


B. TERMS AND CONDITIONS APPLICABLE TO ONLY LIVE OR ONLINE AUCTION EVENTS

Unless otherwise noted in the Contract to Auction, the below terms and conditions will apply to all sales of equipment through a Live or Online Auction Event. All references to Equipment in this Section B shall refer to equipment that the seller is selling through a Live or Online Auction Event.

1. McDougall Auctioneers Ltd. Obligations and Responsibilities

1.1. Sale Sites and Dates.
McDougall Auctioneers Ltd. shall, as your agent, offer the Equipment for sale at unreserved auction at the Site and on or about the date specified in the Contract to Auction. You shall provide to McDougall Auctioneers Ltd. a completed Schedule A no later than 15 days prior to the scheduled Live or Online Auction Event. If advertising of specific pieces is requested in the auction brochure, you must provide a completed Schedule A to McDougall Auctioneers Ltd. at least 30 days before the scheduled Live or Online Auction Event.

1.2. Payment.
McDougall Auctioneers Ltd. shall make payment to you within 30 days after the Live or Online Auction Event, by cheque or electronic funds transfer unless you specify otherwise in writing, the amount due and owing to you from monies collected from the sale of the Equipment after making all deductions permitted under this Agreement.

1.3. Document Administration Fees; Lien Search Fees.
A document administration fee for each item of Equipment requiring title, registration documents or customs documents will be charged. McDougall Auctioneers Ltd. will conduct lien searches as it deems necessary and all costs incurred shall be at the expense of and paid by the Seller.

1.4. Taxes.
McDougall Auctioneers Ltd. shall collect and remit state and local sales tax arising upon the sale of the Equipment at the Live or Online Auction Event.

1.5. Lots.
McDougall Auctioneers Ltd. may divide the Equipment into such lots as it may in its absolute discretion deem desirable for a Live or Online Auction Event. McDougall Auctioneers Ltd. shall not be liable for any loss or damages claimed in respect of the manner in which the Equipment is divided into lots nor in respect of any failure by McDougall Auctioneers Ltd. to divide the Equipment into lots.

2. Sellers Obligations and Responsibilities

2.1. Delivery.
At your cost, you shall deliver the Equipment: (a) in good operating condition, free of material defects except as disclosed to McDougall Auctioneers Ltd., with adequate fuel and batteries and starting at the key; (b) free of hazardous materials other than normal operating fuels, oils and lubricants; and (c) in compliance with all applicable environmental, health and safety rules and regulations, together with all documents evidencing your title and/or necessary to transfer title to the Equipment, properly endorsed.

2.2. Unreserved Auction Sale.
You acknowledge that Live or Online Auction Events listed as unreserved are unreserved, and McDougall Auctioneers Ltd. shall have no obligation or duty to withdraw the Equipment or any part thereof from the Live or Online Auction Event or to cancel the Live or Online Auction Event. The Equipment shall be sold to the highest bidder on the date of the Live or Online Auction Event regardless of final bid value.

3. Mutual Agreements

3.1. Prohibition of Pre-Sale.
Neither McDougall Auctioneers Ltd. nor you shall sell or offer for sale any part of the Equipment prior to the Live or Online Auction Event without the written permission of the other Party.

3.2. Default by Seller.
If: (a) you withdraw or fail to timely deliver the Equipment or any part thereof or any documents required hereunder, or if the Live or Online Auction Event does not occur as a result of your actions or inaction, including without limitation the commencement of liquidation or bankruptcy proceedings of any sort by or against you; or (b) you, directly or indirectly, bid or permit another to bid on your behalf or for your benefit, by agency or otherwise, on the Equipment or any part thereof at the Live or Online Auction Event; or (c) your representations and warranties set out in this Agreement are not true, complete and correct in all respects; then: (i) commissions shall be payable to McDougall Auctioneers Ltd. upon demand, based upon the fair market value (as determined by McDougall Auctioneers Ltd. in its sole discretion) of any withdrawn or undelivered parts of the Equipment as if they had been sold; (ii) any advances made by McDougall Auctioneers Ltd. together with accrued interest shall become due and repayable immediately; and (iii) you will, upon demand, reimburse McDougall Auctioneers Ltd. for all out-of-pocket expenses incurred in preparation for the Live or Online Auction Event. In the event you are in violation of paragraph 3.2(b) above, in addition to any other rights or remedies McDougall Auctioneers Ltd. may have under this Agreement, McDougall Auctioneers Ltd. shall, at its sole discretion, have the right to sell or re-sell the Equipment by whichever means it deems appropriate and you shall pay to McDougall Auctioneers Ltd. as liquidated damages in addition to all other amounts due hereunder, an amount equal to 25% of the proceeds realized from such sale or resale. If, pursuant to this Section, the Equipment or any part thereof is not sold at the Live or Online Auction Event, such equipment shall be deemed to have been withdrawn by you and the provisions of paragraph 3.2(a), 3.2(b) and 3.2(c) above shall apply.

3.3. Use of Equipment.
You authorize McDougall Auctioneers Ltd. to operate the Equipment for the purpose of demonstrating it at the Live or Online Auction Event.

3.4. Collection of Proceeds.
McDougall Auctioneers Ltd. shall collect the full proceeds from the sale of the Equipment and you assign to McDougall Auctioneers Ltd.: (a) the amount required to discharge and satisfy all Encumbrances in respect of the Equipment; and (b) all amounts payable to McDougall Auctioneers Ltd. hereunder, including commission and any advances, together with interest thereon which shall be repayable at the time of the sale.

3.5. Uncollected Proceeds.
McDougall Auctioneers Ltd. may, as it deems necessary in its sole discretion, re-sell any part of the Equipment not sold or paid for at the Live or Online Auction Event through either a subsequent Live or Online Auction Event or on the www.mcdougallauction.com, and you acknowledge that no monies shall be payable by McDougall Auctioneers Ltd. for any part of the Equipment until it has been paid for in full by the Buyer.

3.6. Other Consignments.
Equipment belonging to other owners may be sold at the Live or Online Auction Event.

3.7. Internet Bidding and Timed Auction Lot System.
McDougall Auctioneers Ltd. may in its sole discretion offer certain lots for sale, in conjunction with its unreserved auction, to registered bidders using its proprietary online bidding service or using its silent timed auction lot system. McDougall Auctioneers Ltd. shall use its best effort to ensure that such technologies and systems are available at all auctions for which they have been advertised, however at any given sale: (a) only those lots which McDougall Auctioneers Ltd. deems appropriate shall be offered using such technologies and systems, and (b) certain circumstances concerning the Internet and the technology in use are beyond McDougall Auctioneers Ltd. control, and such systems may not be available at any given time or Live or Online Auction Event. You agree that McDougall Auctioneers Ltd. shall be held harmless from any and all claims, demands, suits, actions, causes of action, damages, costs or charges arising from (1) the failure of the internet, servers or other computer or communications components and systems, regardless of whether such failure is caused by the negligence of McDougall Auctioneers Ltd., (2) McDougall Auctioneers Ltd. decision whether or not to use such technologies or systems, or (3) its failure to offer such systems at any time.

4. Sellers Obligations for Virtual Sales

4.1. Virtual Sales from Sellers Yard for a Live or Online Auction Event

4.1.1. These provisions apply to any piece of Equipment to be sold at a Live or Online Auction Event on a virtual basis from the Seller or a third party's yard. Any such Equipment to be sold on the Seller or a third party's yard virtually shall be staged in compliance with the provisions listed in sections 4.1.1 through 4.1.6 below. The Seller agrees that the following additional terms shall apply:

4.1.1.1. the Seller shall provide, at no cost to the McDougall Auctioneers Ltd. and commencing upon the execution and delivery of this Agreement, a suitable and secure staging site acceptable to the McDougall Auctioneers Ltd. for staging for the applicable Live or Online Auction Event (each, a Staging Site);

4.1.1.2. The Seller shall ensure that the McDougall Auctioneers Ltd. and its employees and subcontractors are provided with access to each Staging Site as the McDougall Auctioneers Ltd. deems necessary for preparation and conduct of the Live or Online Auction Event;

4.1.1.3. Each Staging Site must be suitable for tear-down and transport crews to access for the removal of the Equipment between the hours of 8:00 a.m. and 5:00 p.m. (local time) on regular business days beginning on the day after the Live or Online Auction Event and ending a minimum of four weeks thereafter;

4.1.1.4. The Seller shall ensure that property damage and public liability insurance is maintained in full force and effect throughout the period described in this section to cover third party personal injury, death or property damage claims. The Seller will ensure that the McDougall Auctioneers Ltd. is named as additional insured, and, upon request, McDougall Auctioneers Ltd. will be provided with a copy of the insurance certificate, or other documentation evidencing the McDougall Auctioneers Ltd. as an additional insured, to the satisfaction of the McDougall Auctioneers Ltd.; and

4.1.1.5. The Seller shall be responsible for loss or damage to the Equipment, other than loss or damage arising as a result of the negligence of the McDougall Auctioneers Ltd., its agents or employees, until the earliest of:

4.1.1.5.1. The removal of the Equipment from the Staging Site by the purchaser; or

4.1.1.5.2. Receipt by the Seller of all proceeds from the sale of the Equipment.

4.1.2. The Seller shall defend, indemnify and save harmless McDougall Auctioneers Ltd. from any and all liabilities, damages, costs (including reasonable attorney's fees), claims, suits or actions arising out of any contravention of applicable laws (including, but not limited to, environmental laws), property damage or injury to a person or persons, including death resulting at any time therefrom, arising out of:

4.1.2.1. The attendance of the Sellers employees, agents, subcontractors or prospective purchasers at the Staging Site;

4.1.2.2. The inspection or use of any Equipment by the Sellers employees, agents, subcontractors or prospective buyers;

4.1.2.3. The inspection of the Equipment by McDougall Auctioneers Ltd.;

4.1.2.4. The spill or release, unintentional or otherwise, of any toxic, dangerous or hazardous chemicals, materials, substances, pollutants or wastes, or any other requirements relating to pollution or protection of human health and safety of the environment; and

4.1.2.5. Failure to comply with environmental laws, regulations, bylaws, standards, policies, or other requirements relating to pollution or protection of human health and safety and the environment.

4.2. Equipment Inspections

4.2.1. Any Equipment sold virtually in accordance with section 4.1 above, from Sellers yard in a Live or Online Auction Event is subject to certification, Seller agrees to permit McDougall Auctioneers Ltd. and/or its authorized representatives to test and inspect each piece of Equipment at a time and place mutually agreed. McDougall Auctioneers Ltd. shall produce an inspection report (Inspection Report) for each piece of Equipment inspected by McDougall Auctioneers Ltd. McDougall Auctioneers Ltd. inspections are solely for the purpose of reporting on the visible condition of the Equipment's major systems and attachments. McDougall Auctioneers Ltd. inspections are NOT intended to detect latent or hidden defects or conditions that could only be found in connection with the physical dismantling of the Equipment or the use of diagnostic equipment or techniques.

4.2.2. Seller is responsible for maintaining the Equipment in the same condition as documented in the Inspection Report until it is removed from the Staging Site by the purchaser. Sellers failure to properly maintain the Equipment from the date of inspection until its removal from Staging Site by purchaser will void the inspection.

4.2.3. The Inspection Report is the sole and exclusive property of McDougall Auctioneers Ltd. Except as expressly stated, nothing in this Agreement shall be deemed to grant to any other party, by implication or otherwise, license rights, ownership rights or any other intellectual property rights in the Inspection Report. Seller cannot use the Inspection Report for any other purpose without the prior written approval from McDougall Auctioneers Ltd.

4.2.4. From the time an inspection is performed by McDougall Auctioneers Ltd. until the Equipment is removed from Staging Site by or on behalf of the purchaser, Seller may not operate, lease, rent, modify or alter the Equipment. In addition to any other rights and remedies that McDougall Auctioneers Ltd. may have, a breach of this provision prior to the conclusion of a sale for the Equipment may result in either of the following: (i) McDougall Auctioneers Ltd. may remove the Equipment from the Live or Online Auction Event and charge Seller a removal charge equal to 25% of the McDougall Auctioneers Ltd. estimated market value for the Equipment; or (ii) McDougall Auctioneers Ltd. may continue with selling the Equipment in the Live or Online Auction Event, in which case, if the Equipment was inspected previously by McDougall Auctioneers Ltd., Seller must have the Equipment re-inspected and pay McDougall Auctioneers Ltd. a re-inspection fee equal to $295. In the event that a breach of this provision is determined by McDougall Auctioneers Ltd., in its reasonable discretion, and the Equipment has been sold to a purchaser, the transaction is subject to cancellation and Seller will be charged a seller default charge equal to 25% of the winning bid price, in addition to reimbursement of transportation and other costs incurred by the purchaser.

4.2.5. And Listing Fees, Each piece of Equipment sold virtually at the Live or Online Auction Event is required to obtain certification. A listing fee (the Listing Fee), as set out in Schedule A of the Agreement, will apply to each piece of Equipment being sold virtually at the Live or Online Auction Event. Seller agrees to pay McDougall Auctioneers Ltd. any applicable Listing Fee.

5. Live or Online Auction Event on Sellers Yard

5.1. These provisions apply to any Equipment to be sold through a Live or Online Auction Event to be held on the Sellers yard (each a Sale Site). All Equipment will remain at the Sellers yard and will be sold onsite. Equipment to be sold on the Sellers yard shall be in compliance with the provisions listed in sections 5.1.1 through 5.1.6 below:

5.1.1. the Seller shall provide, at no cost to the McDougall Auctioneers Ltd. and commencing upon the execution and delivery of this Agreement, a suitable and secure sale site acceptable to the McDougall Auctioneers Ltd. for the applicable Live or Online Auction Event;

5.1.2. The Seller shall ensure that the McDougall Auctioneers Ltd. and its employees and subcontractors are provided with access to each Sale Site as the McDougall Auctioneers Ltd. deems necessary for preparation and conduct of the Live or Online Auction Event;

5.1.3. Prospective bidders are provided with access to enter and use the Sale Site to inspect the Equipment in advance of the Live or Online Auction Event;

5.1.4. Purchasers are provided with access to enter and use the Sale Site to pick up Equipment after the Live or Online Auction Event;

5.1.5. Property damage and public liability insurance is maintained in full force and effect as required to cover third party personal injury, death or property damage claims. The Seller will ensure that McDougall Auctioneers Ltd. is named as additional insured, and, upon request, McDougall Auctioneers Ltd. will be provided with a copy of the insurance certificate, or other documentation evidencing McDougall Auctioneers Ltd. as an additional insured, to the satisfaction of McDougall Auctioneers Ltd.; and

5.1.6. The Seller shall be responsible for loss or damage to the Equipment, other than loss or damage arising as a result of the negligence of the McDougall Auctioneers Ltd., its agents or employees, until the earliest of:

5.1.6.1. The removal of the Equipment from the Sale Site by the purchaser; or

5.1.6.2. Receipt by the Seller of all proceeds from the sale of the Equipment.

5.2. The Seller shall defend, indemnify and save McDougall Auctioneers Ltd., its parents, subsidiaries and affiliates, and each of their officers, directors, shareholders, employees, and agents, harmless against any and all claims, demands, suits, actions, causes of action, damages, costs or charges whatsoever arising from any injury, loss, or damage to any third party, including personal injury, arising out of the third party's use of the Sale Site.

6. Jurisdiction Specific Clauses.
The following jurisdiction-specific additional terms and conditions will apply for Sellers selling assets in a Live or Online Auction Event in the country noted:

North America

United States of America

1. Should McDougall Auctioneers Ltd. be required to purchase titles on the Sellers behalf, McDougall Auctioneers Ltd. shall be entitled to interest on amounts advanced at a rate of US Bank prime plus 2%.

2. A document administration fee of $65 will be charged for each item of Equipment requiring title or registration documents.


Canada

1. The Seller represents and warrants that the Seller it is not and will not be at the date of the Live or Online Auction Event a non-resident of Canada within the meaning and intent of Section 116 of the Income Tax Act (Canada). 1. A document administration fee of $65 will be charged for each item of Equipment requiring title or registration documents.


C. TERMS AND CONDITIONS APPLICABLE TO LIVE OR ONLINE WWW.MCDOUGALLAUCTION.COM

Unless otherwise noted in your Agreement, the below terms and conditions will apply to all sales of equipment through www.mcdougallauction.com. All references to Equipment in this Section C shall refer to equipment that the seller is listing for sale through www.mcdougallauction.com.

1. McDougall Auctioneers Ltd. Services

1.1. Services of McDougall Auctioneers Ltd.
Under the terms of this Agreement, McDougall Auctioneers Ltd. offers you the use of the applicable www.mcdougallauction.com, which functions as a platform on which you can list and advertise Equipment for sale to potential buyers. Each party is acting on its own behalf, and McDougall Auctioneers Ltd. is not a party to the subsequent binding obligation to sell/buy the Equipment that is entered into between you and the Buyer. Nor does McDougall Auctioneers Ltd. represent either party in the transaction that results from use of the www.mcdougallauction.com. In consideration of your use of the www.mcdougallauction.com for the listing and advertising of Equipment for sale, fees as listed in Section D are payable by you.

1.2. Listing Formats.
There are four listing formats available on the www.mcdougallauction.com:

1.2.1. Online Auctions.
A service where you are able to list and advertise Equipment for sale to the highest bidder who meets or exceeds the opening bid.

1.2.2. Buy Now.
A service where you are able to list and advertise Equipment at a Buy Now Price.

1.2.3. Make Offer.
A service where you are able to list and advertise Equipment for sale to a bidder at the Asking Price or a Negotiated Price.

1.2.4. Reserve.
A service where you are able to list and advertise Equipment for sale to the highest bidder in a reserved www.mcdougallauction.com, where you set the Reserve Price.

1.3. Commitment to Sell.
By entering into this Agreement for use of the www.mcdougallauction.com, you hereby extend an irrevocable offer to sell the Equipment, as applicable, (a) to a Buyer who is the highest bidder and who meets or exceeds the opening bid, the Reserve Price, or Asking Price, as applicable (b) to a Buyer who commits to purchase Equipment at the Buy Now Price; or (c) to a Buyer who commits to purchase Equipment at the Negotiated Price.

1.4. Opening Bid and Scheduling.
For Online Auctions, McDougall Auctioneers Ltd. will set the opening bid for the Equipment and schedule the listing opening times. For Buy Now and Make Offer listings, McDougall Auctioneers Ltd. will schedule the listing opening times and set the opening bid, if applicable; you will have the option of setting a buy now price (Buy Now Price) or an asking Price (Asking Price), not to exceed 120% of estimated market value as determined by McDougall Auctioneers Ltd. You may lower the Asking Price during a listing period, but you may not add an Asking Price after the opening time. If you have selected to list the Equipment by Reserve, you will have the option of setting a reserve price, not to exceed 120% of estimated market value as determined by McDougall Auctioneers Ltd. (Reserve Price). McDougall Auctioneers Ltd. will determine the period of time that the Reserve listing is published to the website and is available for Buyers to submit bids (the Reserve Period). If, at the end of the Reserve Period, the Reserve Price has been met, the highest bid received from a Buyer will be automatically accepted. If the Reserve Price is not met during the Reserve Period, McDougall Auctioneers Ltd. may elect to re-list the Equipment. All Buy Now and Make Offer listings will be scheduled to run as set out on the contract agreement, at the discretion of McDougall Auctioneers Ltd. The listing period may be extended at McDougall Auctioneers Ltd.'s sole discretion. In the event the Equipment remains unsold, whether on a Buy Now, Make Offer or Reserve listing, after the time frame as set out on the contract agreement, (a) the Equipment must be re-inspected and will incur a Re-Inspection Fee and you agree to reduce the Asking Price or Reserve Price, as applicable, by 20% to continue the listing; or (b) you may elect, without penalty, to remove the listing, pay all fees due in the contract to auction.

1.5. Additional Options.
For Make Offer listings and Reserve listings where the Reserve Price is not met, you have the option to (a) accept bids lower than the Asking Price or Reserve Price, as applicable; (b) counter bids lower than the Asking Price or Reserve Price, as applicable, with a higher offer (Counter Offer); or (c) reject bids lower than the Asking Price or Reserve Price, as applicable, at any time during a listing. Counter Offers are valid for up to two business days. However, only one Counter Offer can be valid at any time; the last Counter Offer you issue supersedes and invalidates any previous Counter Offers. Upon acceptance of the Counter Offer by the Buyer, the listing is closed, and you are legally bound to complete the transaction.

1.6. Conclusion of Purchase;
Bill of Sale.
After the winning bid for a piece of Equipment has been established by McDougall Auctioneers Ltd. or the Buyer has committed to purchase the Equipment at the Buy Now Price or the Asking Price, the bid or purchase commitment of Buyer will be automatically accepted by you and a binding obligation to purchase and sell between you and Buyer is automatically created (Binding Obligation). All applicable terms and conditions of this Agreement shall apply to the Binding Obligation. Further, for Make Offer listings, you may accept or counter an offer below the Asking Price. In the event that you accept an offer, or the Buyer accepts your Counter Offer (the Negotiated Price), a Binding Obligation is created, and all terms herein shall apply. Buyer and Seller will be notified of such Binding Obligation by an email or other notification that is generated by McDougall Auctioneers Ltd. McDougall Auctioneers Ltd. shall deliver a bill of sale once full payment has been made by purchaser and such other documentation as may be reasonably necessary to transfer title to the Equipment to Buyer is the responsibility of the seller to provide. Unless otherwise agreed, the Equipment listing will only show your McDougall Auctioneers Ltd. Seller ID, but not your formal identity, business name and/or address details. This information will only be provided to Buyer at the time a Binding Obligation is reached.

1.7. No Guarantee on Proceeds.
There is no guarantee as to the gross proceeds that may be realized from a listing on the www.mcdougallauction.com.

1.8. Equipment Availability.
You agree to have the Equipment available for transportation, complete with ignition key, if applicable, to the Buyer no later than one business day after a Binding Obligation is created. If the Equipment is not available, you will be subject to pay a Post-Closing Delay Fee. Further, if you fail for any reason to release the Equipment to the Buyer after a Binding Obligation is created, you will be subject to a Seller Default Fee in addition to any other rights or remedies that McDougall Auctioneers Ltd. or Buyer may have.

2. Equipment Listings.
You may not list goods that are illegal to use or possess under any applicable law, rule or regulation. McDougall Auctioneers Ltd. reserves the right, in its sole discretion, to (a) refuse to list any piece of Equipment at any time; (b) withdraw any Equipment listing from the www.mcdougallauction.com; (c) review and verify a listing's information and description; or (d) cancel any transaction that it deems to be suspicious or fraudulent and report it to applicable authorities. The information you provide during the Equipment listing process, combined with the Inspection Report, constitute the listing details for the Equipment (the Listing Details). You agree to fully, completely and accurately disclose to McDougall Auctioneers Ltd. all information relating to the Equipment of which you are aware. Any information (including brand name or other indication of origin or manufacture) that you provide related to the Equipment must be complete and accurate, and you shall be responsible for any inaccuracies, errors or omissions. Equipment listings on the www.mcdougallauction.com may not include links to or a description of other items that you may have for sale outside of the www.mcdougallauction.com.

3. Inspections; Restrictions on Use

3.1. Equipment Inspections.
For all requested inspections, you agree to permit McDougall Auctioneers Ltd. and/or its authorized representatives to test and inspect each piece of Equipment at a time and place specified in the Contract to Auction or as otherwise mutually agreed. McDougall Auctioneers Ltd. shall produce an inspection report (Inspection Report) for each piece of Equipment inspected by McDougall Auctioneers Ltd. McDougall Auctioneers Ltd. inspections are solely for the purpose of reporting on the visible condition of the Equipment's major systems and attachments. McDougall Auctioneers Ltd. inspections are NOT intended to detect latent or hidden defects or conditions that could only be found in connection with the physical dismantling of the Equipment or the use of diagnostic equipment or techniques. Your failure to properly maintain the Equipment from the date of inspection until its removal from your location by Buyer will void the inspection. If you alter or perform repairs or other maintenance to the Equipment after the inspection, another inspection will be required, and you will be subject to a Re-inspection Fee.

3.2. Ownership of Inspection Report.
The Inspection Report is the sole and exclusive property of McDougall Auctioneers Ltd. Except as expressly stated, nothing in this Agreement shall be deemed to grant to any other party, by implication, estoppel or otherwise, license rights, ownership rights or any other intellectual property rights in the Inspection Report. You cannot use the Inspection Report for any other purpose without the prior written approval from McDougall Auctioneers Ltd.

3.3. Restrictions on Use of Equipment.
From the time you provide listing details to McDougall Auctioneers Ltd. or an inspection is performed by McDougall Auctioneers Ltd. until the Equipment is removed from its location by or on behalf of Buyer following creation of a Binding Obligation, you may not operate, lease, rent, modify or alter the Equipment. In addition to any other rights and remedies that McDougall Auctioneers Ltd. may have, a breach of this provision prior to the creation of a Binding Obligation for the Equipment may result in either of the following: (a) McDougall Auctioneers Ltd. may remove the Equipment from the www.mcdougallauction.com and charge you a Removal Charge; or (b) McDougall Auctioneers Ltd. may continue with the listing in which case if the Equipment was inspected previously by McDougall Auctioneers Ltd., you must have the Equipment re-inspected and pay McDougall Auctioneers Ltd. a Re-Inspection Fee. If the Equipment was not inspected, you must supply updated Listing Details to McDougall Auctioneers Ltd. and pay McDougall Auctioneers Ltd. an additional Listing Fee. In the event of a breach of this provision is determined by McDougall Auctioneers Ltd. in its reasonable discretion and the Equipment has been sold through the www.mcdougallauction.com, the transaction is subject to cancellation and you will be charged a Seller Default Charge in addition to reimbursement of transportation and other costs incurred by Buyer.

4. Disclosure and Payment of Liens.
You are responsible for making full disclosure to potential Buyers of all Encumbrances and third-party interests that may exist on or pertain to your Equipment. You will at your own cost and expense warrant and defend title to the Equipment on behalf of the Buyer, its successors and assigns, against the claims and demands of all persons. If required, you shall be responsible for the payment of any independent equipment appraisals and documentation fees required to release such liens. You acknowledge and agree, and hereby authorize, that McDougall Auctioneers Ltd. may, in its discretion, discharge creditor claims or pay for such appraisals and documentation fees and deduct the amount from the proceeds due to you. If your net proceeds from the sale of Equipment listed on the www.mcdougallauction.com are insufficient to discharge creditor claims and costs associated with any appraisals and documentation fees on the Equipment, you are fully responsible for paying the outstanding debt balance immediately upon demand by McDougall Auctioneers Ltd.

5. Payment

5.1. Payment of Proceeds.
Once a Binding Obligation is created between you and Buyer, McDougall Auctioneers Ltd. will generate a third-party invoice that is issued to Buyer on your behalf. Buyer is responsible for paying McDougall Auctioneers Ltd. the purchase price for the Equipment upon creation of a Binding Obligation, and you hereby instruct McDougall Auctioneers Ltd. to facilitate receipt of the purchase price. Further, you hereby grant McDougall Auctioneers Ltd. the right, in its own name, to enforce your right to payment. You agree that no monies shall be payable to you until paid by the Buyer. Once received by McDougall Auctioneers Ltd., any monies due to you, net of any commissions and fees due McDougall Auctioneers Ltd. as detailed in this Agreement, shall be disbursed within 30 days after creation of a Binding Obligation. You hereby consent to McDougall Auctioneers Ltd.'s right to offset any other commissions and fees specified in this Agreement or that result from additional services requested by you, with any remainder to be paid within 30 days following receipt of an invoice. You acknowledge that Buyers may fail to perform or pay on a timely basis and that McDougall Auctioneers Ltd. shall not have any liability to you for any act or omission of Buyers.

5.2. Taxes.
McDougall Auctioneers Ltd. Will charge and remit tax on vendors behalf.

5.3. Title Transfer Fees; Lien Search Fees.
For each unit of Equipment, unless otherwise specified, you will pay lien search fees, document administration fees and any other fee applicable as set out in McDougall Auctioneers Ltd.'s standard Fee Schedule detailed in Section D. Document administration fees will cover fees associated with title or registration documents.

6. Legal Disputes

6.1. DISCLAIMER; LIMITATION OF LIABILITY.
TO THE FULLEST EXTENT PERMITTED BY LAW, THE WWW.MCDOUGALLAUCTION.COM PROVIDED BY OR THROUGH MCDOUGALL AUCTIONEERS LTD. IS PROVIDED ON AN AS IS AND AS AVAILABLE BASIS WITHOUT WARRANTIES OF ANY KIND, WHETHER EXPRESS OR IMPLIED, INCLUDING, WITHOUT LIMITATION, IMPLIED WARRANTIES OF NON-INFRINGEMENT, MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. TO THE FULLEST EXTENT PERMITTED BY LAW, IN NO EVENT SHALL MCDOUGALL AUCTIONEERS LTD. BE LIABLE FOR ANY SPECIAL, INDIRECT, PUNITIVE, COVER, INCIDENTAL OR CONSEQUENTIAL DAMAGES, HOWEVER CAUSED, WHETHER IN CONTRACT OR TORT OR UNDER ANY OTHER THEORY OF LIABILITY, INCLUDING LOSS OF REVENUE, PROFITS, OR BUSINESS, ANY LOSS OF GOODWILL OR REPUTATION, OR THE COSTS OF SUBSTITUTE GOODS OR SERVICES, EVEN IF MCDOUGALL AUCTIONEERS LTD. OR AN AUTHORIZED REPRESENTATIVE THEREOF HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

6.2. English Controlling Language.
All performance under this Agreement and the resolution of disputes shall be conducted in the English language. If a translation of this Agreement into any other language is required by law, the English version will prevail to the extent that there is any conflict or discrepancy between the English version and any translation. If this Agreement is provided to you in a language other than English, McDougall Auctioneers Ltd. does so solely for your convenience.

7. Storage at McDougall Auctioneers Ltd. Yard for a www.mcdougallauction.com transaction

7.1. The provisions in this section apply to Equipment listed on a www.mcdougallauction.com and stored at a McDougall Auctioneers Ltd. site (each, a Facility).

7.2. The Seller and McDougall Auctioneers Ltd. agree that the storage of Equipment does not represent a consignment agreement or other arrangement under which McDougall Auctioneers Ltd. agrees to offer the Equipment for sale on behalf of the Seller.

7.3. The Seller shall be responsible for the delivery and safe transportation of the Equipment to the Facility by a reputable transportation company.

7.4. McDougall Auctioneers Ltd. agrees to provide storage provided that the Equipment is free of all contents and substances other than normal operating fluids and lubricants. McDougall Auctioneers Ltd. reserves the right to refuse storage of any Equipment containing any hazardous substances or visibly leaking contaminants.

7.5. If the Equipment is stored at a Facility while listed on a www.mcdougallauction.com, the Seller shall be responsible for loss or damage to the Equipment, other than that arising from the negligence or misconduct of the McDougall Auctioneers Ltd., its agents or employees, during the period the Equipment is being stored at the Facility. In the event the McDougall Auctioneers Ltd. removes the Equipment pursuant to Section C. of this Agreement, the McDougall Auctioneers Ltd. will not be responsible in any manner whatsoever for loss or damage to the Equipment after its removal. The Seller shall insure the Equipment to its fair market value against all perils, with the McDougall Auctioneers Ltd. as an additional insured and loss payee to the extent of any outstanding amount due and owing under this Agreement.

7.6. The Seller shall defend, indemnify and save harmless the McDougall Auctioneers Ltd. from any and all liabilities, damages, costs (including reasonable attorney's fees), claims, suits or actions arising out of any contravention of applicable laws (including, but not limited to, environmental laws), property damage or injury to a person or persons, including death resulting at any time therefrom, arising out of:

7.6.1. The attendance of the Sellers employees, agents, subcontractors or prospective purchasers at the Facility;

7.6.2. The inspection or use of any Equipment by the Sellers employees, agents, or subcontractors;

7.6.3. the spill or release, unintentional or otherwise, of any toxic, dangerous or hazardous chemicals, materials, substances, pollutants or wastes, or any other form of environmental contaminants; and

7.6.4. Failure to comply with environmental laws, regulations, bylaws, standards, policies, or other requirements relating to pollution or protection of human health and safety and the environment.

7.7. For greater clarity, if Equipment is stored at the Facility while listed on a www.mcdougallauction.com, the Seller shall contract with the applicable Live or Online Auction contracting entity listed in section A of this Agreement for the storage component and contract with the applicable www.mcdougallauction.com contracting entity listed in section A of this Agreement for the www.mcdougallauction.com listing.

8. In the event that any Equipment remains in the Facility for a period greater than the Term, McDougall Auctioneers Ltd. shall be entitled to demand in writing that the Seller remove such Equipment from the Facility within 15 days after the Seller receives such written demand. If the Seller has not removed the Equipment prior to the expiry of such 15-day notice period, McDougall Auctioneers Ltd. may, in addition to any other rights available to it at law or equity, take such actions as it deems necessary to remove the Equipment from the Facility and will notify the Seller of the Equipment's relocation. The Seller will, in addition to other amounts due and owing under this Agreement, be responsible for any amounts owing to a third party in respect of the relocation and storage of the Equipment and reimburse McDougall Auctioneers Ltd. for all costs incurred in connection with McDougall Auctioneers Ltd. removal of the Equipment. Such costs will be payable in full 15 days from the receipt of invoice.

9. Jurisdiction Specific Clauses. The following jurisdiction-specific additional terms and conditions will apply for Sellers listing assets on the www.mcdougallauction.com(s) in the country noted:

North America

Canada

1. The Seller represents and warrants that the Seller it is not and will not be at the date of the creation of a Binding Obligation a non-resident of Canada within the meaning and intent of Section 116 of the Income Tax Act (Canada).


D. GENERAL FEES FOR EQUIPMENT TERM DESCRIPTION (not limited to)

All Fees Subject to Applicable Taxes

Lien Search Fee $30.00, $85.00 or $125.00

Title Transfer Fee Document Administration Fee for Equipment 65.00

Title Transfer Fee Document Administration Fee for Schedule A Equipment See jurisdiction specific clauses set out in Section B, Clause 7.

Removal Charge for Schedule A Equipment Listing Fee plus 25% of the greatest of (a) the estimated market value as determined by McDougall Auctioneers Ltd.; (b) the opening bid or buy now price (as set by McDougall Auctioneers Ltd.); (c) the Asking Price; or (d) the highest bid submitted on the Equipment to the www.mcdougallauciton.com. Except, in the event that the Asking Price was met, the commission fee of the final selling price as if the Equipment were sold shall be due.

Re-inspection Fee for Schedule A Equipment $295.00 McDougall Auctioneers Ltd. reserves the right to determine the exact amount of the Re-Inspection Fee for any Equipment requiring re-inspection in its sole discretion on a case-by-case basis.

The Vendor further agrees they themselves nor anyone under their direction shall not, directly or indirectly, place a BID on an item that they are selling with McDougall Auctioneers Ltd. In this event the Vendor is responsible to pay McDougall Auctioneers Ltd. the full sale invoice amount together with Buyers premiums of the selling items, as well as being blocked from future McDougall Auctioneers auctions.

Post-Closing Delay Charge for Schedule A Equipment Charges include, but are not limited to, transportation cancellation or re-scheduling fees, transportation delay fees, hourly or daily average rental cost of equivalent replacement equipment for the Buyer, including loading, unloading and transportation costs. McDougall Auctioneers Ltd. may assess the Post-Closing Delay Charge at its discretion.

Seller Default Charge 25% of the winning closing price, plus the Listing Fee and any costs incurred by Buyer and validated by McDougall Auctioneers Ltd.

Logistics Fee-Repair Estimate $75.00 - flat fee

Transport Fee Transport Cost + 15%

Refurbishment/Make-Ready Fee Cost + 15%

Duplicate Title Service $200.00 + gov. fees

Manufacturer's Statement of Origin (MSO) & Titling Document Service (applicable in the USA only) $200.00 + Gov. & man. fees

VIN Tag / Manufacturer's Label Service $100.00 + man. fees

Title Transfer Service $200.00 + Gov. fees

Corrected Title Service $200.00 + Gov. fees