CONSIGNOR AUCTION INFORMATION

Auction Agreement

August 1, 2018

(7). AUCTIONEERS shall have the right, after receiving their compensation as provided herein, to use the residue funds to the extent required to first pay true, verified liens, if any, which are shown in the exhibits attached hereto or which may be brought to their attention and which are not listed in said exhibits. (8). OWNER agrees to hold AUCTIONEERS free from any damages or losses that may occur to equipment or merchandise while preparing for said auction, excepting AUCTIONEERS’ gross negligence or willful misconduct.

(9) Except as may be otherwise provided herein, neither party shall be liable to the other for any inconsequential or direct losses or costs such as loss of profit or loss of sales.

(10) $50 Title Fee for All Titles Items

(11) $50 Minimum Commission Fee on All Lots

(12) Default by BUYER. In the event of default by the BUYER of any obligation set forth in this Agreement, SELLER, in SELLER’S sole discretion, shall have the option to:

a. Terminate this Agreement, with no further obligation on the part of SELLER in which case the BUYER shall forfeit its Deposit and the Deposit, if received, shall be divided equally between SELLER and AUCTIONEER. b. In cooperation with AUCTIONEER Seek specific performance against BUYER for the enforcement of BUYER’S obligations under Louisiana law, including, but not limited to, the payment of the Purchase Price. c. SELLER shall not be entitled to any other remedy except as set forth above. This Agreement, including the Exhibits attached hereto, constitutes the entire agreement between the parties and it shall not be changed except by a written document signed by both parties. This Agreement shall be binding upon and inure to the benefit of the parties and to their respective heirs, successors and assigns.

I have read, understand, and agree to the above terms and conditions. Please sign and print:

SELLER: ______________________________________________________________________

By:_________________________Title:____________________Date:_____________________

By Henderson Auctions: Date:_______________

Executed with a stated effective date of

, 2018 :

HA Contract version 081915c

Addendum A: All Items delivered to 13340 Florida Blvd. Livingston, LA 70754 to be auctioned in the September 13 th -15 th , 2018 Auction.