TERMS AND CONDITIONS

1. THIS AUCTION IS CURRENTLY AVAILABLE TO EXISTING TRANSWORLD MERCHANDISE CENTER EXHIBITORS AND CUSTOMERS.

2. EXHIBITORS WHO POST AUCTIONS JUST PRIOR TO TRADE SHOWS MAY HAVE THEIR NAMES AND BOOTH NUMBERS POSTED AT THE ENTRANCE SO BIDDERS CAN VIEW SAMPLES AND POSSIBLY MAKE OTHER PURCHASES. SIGNS MAY BE AVAILABLE TO ADDITIONALLY IDENTIFY INDIVIDUAL BOOTHS.

3. AUCTIONEER WILL DETERMINE IF APPLICANT'S ITEMS/LOTS ARE AUCTION WORTHY AND IF PRODUCT IS NOT APPROVED, THERE WILL BE NO POSTING FEES. AUCTIONEER RESERVES THE RIGHT TO CLOSE OR WITHDRAW AUCTIONS AT ANY TIME. AUCTIONEER'S DECISIONS ARE FINAL.

4. EXHIBITOR/VENDOR WILL BE LIABLE FOR 10% COMMISSIONS AND EXPENSES IF PRODUCT IS MISREPRESENTED OR NOT SHIPPED AT THE END OF THE AUCTION AS INSTRUCTED.

5. IN THE EVENT, AUCTIONEER HAS THE EXHIBITOR/VENDOR INVOICE THE BIDDER DIRECTLY; EXHIBITOR/VENDOR WILL IMMEDIATELY REMIT 10% COMMISSION AND ANY EXPENSES AS INSTRUCTED BY AUCTIONEER.

6. AUCTIONEER MAY OFFER LOTS FOR PRE-AUCTION SALE TO APPROPRIATE BIDDERS TO EXPEDITE LIQUIDATION.

7. AUCTIONEER RESERVES THE RIGHT TO EXTEND AUCTIONS DUE TO HOLIDAYS OR OTHER UNFORESEEN CIRCUMSTANCES.

8. TERMS AND CONDITIONS FOR BIDDERS WILL BE PROVIDED ON AUCTIONS.

9. ALL TERMS AND CONDITIONS CAN BE REVISED WITHOUT NOTICE.

10. UNITED AUCTION LLP IS THE EXCLUSIVE INTERNET AUCTIONEER THAT WILL PROMOTE THE HIGHEST POSSIBLE RECOVERY ON POSTED LOTS.

11. AUCTIONEER MAY REQUIRE A ONE WEEK DELAY IN THE RARE EVENT THAT THE WINNING BIDDER DEFAULTS; THEREFORE IT WILL REQUIRE THE SECOND HIGHEST BIDDER, THIRD, FOURTH, ETC. TO CLOSE THE AUCTION.

12. EXHIBITORS / VENDORS PRODUCT OWNERSHIP AND TRADEMARK AUTHORIZATION TO SELL THE INVENTORY POSTED IS ASSUMED BY THE TRANSWORLD MERCHANDISE CENTER AND UNITED AUCTION LLP MANAGEMENTS. ANY LIABILITY, DAMAGES, LEGAL FEES AND COSTS RESULTING FROM MISREPRESENTATION, OR OTHERWISE, WILL BE THE EXHIBITOR'S/VENDOR'S RESPONSIBILITY.