KANSAS CITY KANSAS CITY CONVENTION CENTER - BARTLE HALL - KANSAS CITY, MO

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1 CONVENTION CENTER - BARTLE HALL -, MO INTERNET ABSENTEE BIDDER GUIDELINES GENERAL RULES Absentee Bidders must be registered to bid - no bids will be taken from unregistered bidders. A copy of a valid driver s license (front and back) must be submitted with the registration form. Dealers must provide a copy of a Dealer s License and Resale Tax Certificate. Absentee Bidders assume all risks inherent when not physically examining purchased property. All bids are final at auction. There is no cooling off period. If you are awarded the final bid, you own the property. Buyer premiums will be added automatically to the final price upon settlement and payable without relief to Mecum Auctions. Sales tax is governed by the state the auction is held and may be charged and appear on your invoice accordingly. All purchases must be picked up within 48 hours of the auction s conclusion. If the Internet connection is lost during bidding, the Internet Bidder s last entered bid will remain their standing bid. If it is the highest bid when the hammer falls, the customer is the winning Bidder. Auction Company is not responsible for any Internet service interruptions or termination. COSTS $100 Registration Fee 50% Deposit This is a non-refundable fee. 50% of the maximum dollar amount Bidder is willing to spend in total must be received by Mecum no later than the beginning of the first auction day in good funds: wire transfer, cash, certified check, money order or standard check. Deposits made with a check must be received 72 hours in advance of the first auction day. Deposits not applied to a winning bid will be returned within 30 business days after completion of the auction by company check. Foreign Bidders are required to deposit a minimum of $10,000. Buyer Premiums Automobiles 12 percent of final price ($500 minimum fee)* Motorcycles 12 percent of final price ($250 minimum fee) Road Art 20 percent of final price PAYMENT TERMS *visit to learn how to earn 2% back on your automobile auction purchases Payment Methods All U.S. Funds Foreign Bidders Payment Receipt Vehicles: Wire*/Certified Funds /Personal or Company Check** (NO CREDIT CARDS) Motorcycles: Wire*/Certified Funds /Personal or Company Check** (NO CREDIT CARDS) Road Art : Wire* / Certified Funds / Personal or Company Check**/ Credit Card*** * Wire: $100 wire transfer fee applied. ** Checks: there is a $100 fee for all returned checks. *** Credit Card: A surcharge of 3% will be imposed on all transaction amounts paid for on Visa, MasterCard, Discover and American Express, which is not greater than our cost of acceptance. Debit card transactions do not apply. No exceptions Checks must be drawn from a U.S. Bank (wire transfers are suggested - $100 wire fee applies) If the Absentee Bidder is the winning Bidder, the remaining funds due to complete the transaction must be received by wire transfer or other good funds, by Mecum within 1 working day from the sale. Without payment, purchased items will not be released for shipment or otherwise.

2 GENERAL BIDDER RULES REGISTRATION: 1. For purposes of these General Bidder Rules (at times referred to as "Agreement"), the term "Mecum" shall refer to Mecum Auction Inc. together with its affiliates, successors, assigns, agents, members, managers, shareholders, directors, officers, and employees. A person or entity registering to place a bid for the purchase of any collectible, artwork, signage, memorabilia, automobile, boat, motorcycle, or any other item (collectively or individually referred to as "Lot") presented in conjunction with an auction event hosted in whole or in part by Mecum is referred to herein as "Bidder" and shall be bound by these General Bidder Rules. The Bidder that places the winning bid for the purchase of a Lot is referred to herein as "Purchaser". A person or entity consigning a Lot for auction is referred to herein as "Consignor". Bidder shall be responsible for becoming familiar with the auction process and shall seek additional information as may be necessary prior to placing a bid for the purchase of a Lot. 2. Bidder/Purchaser understands and agrees that Mecum is merely performing an auction service and is not responsible for the Lot Description (defined in Paragraph 6) used in the description of a Lot; regardless of whether such Lot Description appears in any print or electronic media owned, maintained, or in any way associated with Mecum or an auction event. 3. Bidder is required to register in accordance with Mecum's policies and procedures which may be amended from time to time with or without notice. Bidder must use the card and number issued by Mecum when completing purchase of the Lot. Unless unusual or extraordinary events require otherwise (and only performed with the permission of Mecum which may be withheld for any reason whatsoever), invoicing and titling will be done according to the information on Bidder s completed registration form. 4. For lost, stolen or misplaced bidder badges, a new bidder badge bearing a new number may be issued for an additional $100 registration fee. Bidder shall retain liability for any and all purchases made until a new bidder badge is issued. Alternatively, a Bidder may request that a lost, stolen or misplaced bidder badge be reprinted at no additional cost. Bidder shall, however, assume all liability for bids placed under his, her or its bidder number. 5. Bidder registration fees are non- refundable. PURCHASING: 6. Bidder/Purchaser understands and agrees that all Lots shall be sold 'AS IS WHERE IS' without representation or warranty, express or implied, of any kind being offered by Mecum. Further, Bidder/Purchaser understands and agrees that all Lots are sold subject to and inclusive of all faults, including but not limited to structural, mechanical and cosmetic defects and imperfections and whether or not such faults, defects and imperfections are latent or obvious or included within the Lot Description (defined within this Paragraph 6). Bidder/Purchaser further understands and agrees that any description, representation, warrantee, or guarantee as to a Lot's authenticity, originality, condition, restoration, numbers- matching features, ownership history, mileage, provenance, reliability, uniqueness, limited production, color, options, etc. ("Lot Description") are not those of Mecum. Bidder/Purchaser understands and agrees that he, she or it is solely responsible for determining the accuracy of Lot Description and for determining whether or not to place a bid for the purchase of a Lot. To the fullest extent permitted by law, Bidder/Purchaser hereby irrevocably agrees to release, waive, discharge and forever quit any and all claims, demands or causes of action against Mecum, without limitation, for matters arising out of, involving, or incidental to Lot Description. Bidder/Purchaser shall reimburse Mecum for all costs and expenses incurred by Mecum, including but not limited to reasonable attorneys' fees (with in- house counsel charged at the rate of $ per hour), as a result of defending any action brought forth by Bidder/Purchaser or his, her or its insurer against Mecum involving or incorporating Lot Description. 7. Bidder/Purchaser agrees to accept ownership of the Lot at the fall of the gavel and shall assume all responsibility and liability for said Lot immediately and without further notice being due or given. 8. Mecum shall endeavor to process and deliver Lot titles within 30 days after completion of the auction event contingent upon receipt of good and available funds. Purchaser understands and agrees that delays can and do occur which involve issues beyond Mecum's reasonable control. Mecum shall not be held responsible for damages incurred as a result of a Purchaser's delay in receiving title. 9. All Lots are offered for sale by number and, unless otherwise noted, are presented as a single Lot. The auctioneer will accept bids from on- site and absentee Bidders in a form acceptable to Mecum. The auctioneer has the right to place a bid for Consignor up to the reserve amount. Bidder/Purchaser understands and agrees that the Consignor has the right to lift the reserve price at any time whereupon it will be sold to the highest Bidder existing at the fall of the gavel. 10. In cases where the winning bid cannot be determined with reasonable certainty, the Lot shall be offered for sale through the same repeated auction process. The auctioneer will use reasonable judgment as to the good faith of all claims involving bidding uncertainty and the auctioneer's decision shall be final and conclusive. 11. Mecum shall not be responsible for lost or stolen Lots. Further, Mecum shall not be responsible for damage or loss to any Lot unless the damage or loss is caused directly by the sole negligence of willful misconduct of Mecum itself. Lots must be removed from the auction event location within 24 hours of the final Lot offering. If not claimed, Mecum may arrange for the transport and storage of the Lot. Purchaser agrees that Purchaser alone shall be responsible for transportation and storage costs of the Lot and further agrees that Mecum cannot and will not be held responsible for damage, theft, loss, etc. occurring or alleged to have occurred during transportation or storage. Lots not claimed after 30 days following conclusion of the auction event shall be deemed to have been abandoned. 12. Lots that fail to meet the reserve price shall be presented for sale in The Bid Goes On process associated with the auction event. Lots sold via The Bid Goes On will be sold under the same terms as Lots sold on the auction block. Mecum is entitled to any and all fees or commissions on any Lot sold within 21 days after the final day of the auction event at which the Lot appears. PAYMENT: 13. Unless previous arrangements have been made, on- site Bidder/Purchaser shall within one (1) hour of placing the winning bid pay for the Lot in the amount of his, her or its winning bid plus applicable commission and taxes. Absentee Telephone and Internet Bidder/Purchaser shall within one (1) day from the end of the auction, pay for the Lot in the amount of his, her or its winning bid plus applicable commission and taxes. Bidder/Purchaser shall not temporarily or permanently suspend conversion of the payment into good funds immediately available to Mecum. Bidder/Purchaser understands and agrees that any stop payment order shall be conclusive evidence that the Bidder/Purchaser knowingly and purposefully intended to commit fraud at the time the Lot was purchased. Any check issued by Bidder/Purchaser and drawn upon an account with insufficient funds shall also constitute prima facie evidence of Bidder/Purchaser's intent to commit fraud. 14. If making multiple purchases, an open check may be deposited with Mecum's office personnel with full authority granted by Bidder/Purchaser to complete the payment amount within a reasonable time following Bidder/Purchaser's purchases. 15. In the event of a default by Bidder/Purchaser, Mecum may, in addition to asserting all other lawful remedies, perform the following: (i) hold the defaulting Bidder/Purchaser liable for the purchase price of the Lot and sue for specific performance under the terms of this Agreement; (ii) cancel the transaction and retain as full or partial liquidated damages any payment made by the Bidder/Purchaser; (iii) resell the Lot without reserve at a future Mecum auction event or via private sale, with or without advance notice to Purchaser; (iv) purchase the Lot for the same amount offered by Bidder/Purchaser; and/or (v) take any other lawful action deemed necessary or appropriate by Mecum. The defaulting Bidder/Purchaser shall be liable for the payment of any deficiency in the purchase price existing between the original sale price and that obtained after Bidder/Purchaser's default. Bidder/Purchaser shall be liable for all other costs and expenses arising directly or indirectly from Bidder/Purchaser's default, including but not limited to freight, storage, auction entry fees, commissions due, reasonable attorneys' fees, court costs and expenses, etc. In the event that Bidder/Purchaser pays only a portion of the purchase price for any Lot purchased, Mecum shall, at its election, credit the payment received in a manner deemed appropriate in Mecum's sole discretion with any amount being owed to Mecum for current or past obligations of Bidder/Purchaser being first credited. A defaulting Bidder/Purchaser shall be deemed to have granted Mecum a security interest in and to any Lot in Mecum's possession. Mecum may retain such Lot as collateral security for Bidder/Purchaser s obligation to Mecum. Mecum shall have benefit of all rights of a secured party under the Uniform Commercial Code. 16. Without further notice, Bidder/Purchaser authorizes Mecum to charge Bidder/Purchaser s credit card for any amount due to Consignor and/or Mecum. GENERAL: 17. Notwithstanding anything in this Agreement to the contrary, Bidder/Purchaser together with its insurer(s) hereby waive and release Mecum and its insurer(s) from any and all right of recovery, claim, action, or cause(s) of action against Mecum for any theft, loss or damage that may occur, or is alleged to have occurred, to any Lot purchased by Purchaser regardless of cause or origin including negligence or willful misconduct of Mecum to the extent Bidder/Purchaser is insured against such theft, loss or damage under policies carried by Purchaser. 18. For Lots identified as having "matching numbers", additional information is available by visiting and accessing the "Entry Rules" tab under "Seller Info". Additional information is also available from Mecum upon request. 19. Mecum shall be entitled to reasonable attorneys' fees and associated costs incurred in the enforcement of these General Bidder Rules and any other agreement(s) to which Bidder/Purchaser is subject. Participation as a Bidder/Purchaser at an auction event constitutes knowledge of, and consent to, the terms and conditions of these General Bidder Rules regardless of whether Bidder/Purchaser places his, her or its signature or mark of acceptance hereon. 20. Bidder/Purchaser understands and agrees that the auction event will be televised live or on a tape delayed basis and will be widely broadcast to a national or international audience. By attending the event and being provided with these General Bidder Rules, Bidder/Purchaser and those attending as guests of Bidder/Purchaser ("Guests") irrevocably consent to Mecum using Bidder/Purchaser's and Guest's image, voice and likeness throughout the universe, in any and all media, in perpetuity including but not limited to live transmission on "Mecum Auctions: Collector Cars & More" and "Mecum Dealmakers" broadcast on NBC Sports Network and its affiliated networks. Bidder/Purchaser shall provide notice of this Paragraph 16 to Guests as it deems reasonably necessary. 21. If any provision, clause or part of these General Bidder Rules, or the application thereof under certain circumstances, is held invalid, the remainder of these General Bidder Rules, or the applications of each provision, clause or part under other circumstances, shall not be affected thereby and shall remain in full force and effect. 22. The use of defined terms in these General Bidder Rules are used only as a matter of convenience and in no way affect the terms or intent of any provisions of these General Bidder Rules. All defined phrases, pronouns and other variations thereof shall be deemed to refer to the masculine, feminine, neuter, singular or plural, as the actual identity of the organization, person or persons may require. 23. The parties, having had the opportunity to consult with counsel, hereby waive any right to trial by jury in any proceeding arising out of or relating to this Agreement and whether sounding in contract, tort or otherwise. The parties may file a copy of this section with any court as written evidence of the knowing, voluntary and bargained- for agreement between the parties irrevocably to waive trial by jury and that any proceeding whatsoever between them relating to this Agreement shall instead be tried in a court of competent jurisdiction by a judge sitting without a jury. 24. This Agreement shall be governed by, and construed in accordance with, the laws of the State of Wisconsin without giving effect of any choice or conflict of law provision or rule that would cause the application of the laws of any jurisdiction other than the State of Wisconsin. Bidder/Purchaser irrevocably submits to the jurisdiction of the State of Wisconsin, Circuit Court of Walworth County, over any dispute arising out of, or relating in any way, to this Agreement or to the transaction(s) to which it relates. The Bidder/Purchaser irrevocably agrees that all claims shall be heard and determined in such Court. The Bidder/Purchaser irrevocably waives, to the fullest extent permitted by law, any objection or defense which he, she, or it may now have, or come to have, regarding the inconvenience of this forum. Revised 05/29/15 BD_24

3 CONVENTION CENTER - BARTLE HALL -, MO INTERNET ABSENTEE BIDDING DISCLAIMER Internet bidding features, functions, content, products, and capabilities of Mecum Auction, Inc., herein referred to as Auction Company, are made available on an as is and as available basis, without any representation or warranty of any kind, express or implied, including, but not limited to, all warranties of merchantability, of fitness for a particular purpose, title, and non-infringement. In addition, Auction Company makes and provides no guarantee or assurance Auction Company s Internet bidding services or any content will operate without interruption or that all services, products, features, functions, content or operations will be available or perform as described or at any particular time or times. Without limiting the foregoing, Auction Company is not responsible or liable for 1) Malicious code, delays, inaccuracies, errors, omissions, or mistakes arising out of your use of Auction Company s Internet bidding services or any sites linked to Auction Company internet services 2) Any interruption or cessation of transmission to or from our website or to or from our Internet representative(s) 3) Any bugs, viruses, trojan horses, or the like which may be transmitted to or through our site by any third party, or 4) The defamatory, offensive, infringing, breaching, fraudulent, or illegal conduct of other users or third parties. You acknowledge and agree that you are assuming the entire risk of using Auction Company s Internet bidding services and the features and functions associated with Auction Company s Internet bidding services. You understand and agree that, to the fullest extent permissible by the law, neither Auction Company, its affiliates, its respective successors and assigns, nor any of its respective officers, directors, employees, agents, licensors, representatives, service providers, advertisers, or suppliers, shall be liable for any loss or damage, of any kind, direct or indirect, in connection with or arising from use of Auction Company s Internet bidding services or related to this Agreement, including, but not limited to, compensatory, consequential, incidental, indirect, special or punitive damages, regardless of the form of action or the basis of the claim and even if advised of the possibility of such damages. You further understand and acknowledge the capacity of Auction Company s Internet bidding services, in the aggregate and for each user, is limited and some messages and transmissions may not be processed in a timely fashion or at all, and some services, features or functions may be restricted or delayed or become completely inoperable. As a result, you acknowledge and agree that Auction Company assumes no liability, responsibility or obligation to transmit, process, store, receive, or deliver transactions or postings or for any failure or delay associated with any postings and you are hereby expressly advised not to rely on the timeliness or performance of Auction Company s Internet bidding services for any transactions or postings. Some jurisdictions do not allow for the exclusion of certain warranties or certain limitations on damages and remedies; accordingly, some of the exclusions and limitations described in this Agreement may not apply to you. Mecum.com is controlled and offered by Auction Company from its facilities in the United States of America. Auction Company makes no representations that this site is appropriate or available for use in other locations. Those who access this site from other jurisdictions do so at their own volition and are responsible for compliance with local law. AUCTIONEER DISCLOSURE All of the vehicles auctioned by Mecum Auctions, Inc. (Auctioneer) are used vehicles and are sold in their AS-IS, WHERE-IS condition. AUCTIONEER HAS NOT MADE AN INDEPENDENT INSPECTION OF THE VEHICLE AND HAS NO KNOWLEDGE AS TO THE HISTORY OR CONDITION OF THE VEHICLE. You, as a Bidder, acknowledge that you have the right to inspect the vehicle prior to bidding on a vehicle and are solely responsible to fully inform yourself about the condition of the vehicle, including any material defects associated with that vehicle. To the extent permitted by applicable law, Auctioneer is not liable, and you agree not to hold Auctioneer responsible for any damages or losses resulting directly or indirectly from the purchase of any vehicle.

4 CONVENTION CENTER - BARTLE HALL -, MO INTERNET ABSENTEE LOGISTICS DEPOSIT All in U.S. Funds only (50% of maximum bid) Amount Sent $ Deposit Method: Certified check Wire Standard check PAYMENT All in U.S. Funds only (please select one) Personal/company check sent overnight to Mecum office ($100 return check fee) Certified check sent overnight to Mecum office ($100 return check fee) Wire transfer ($100 processing fee) INVOICE (please select one) Fax TRANSPORTATION (please select one) Mecum Auctions may arrange transport of my purchase at my expense (cars transport with Reliable Carriers, all other purchases transport with preferred carrier present at auction). I will make my own arrangements with Carrier Name_ Contact Name_ Contact Phone Number Self transport CONTACT INFORMATION (where activation is sent) Phone Number

5 CONVENTION CENTER - BARTLE HALL -, MO INTERNET ABSENTEE BIDDER REGISTRATION Registration Payment: ANY FORM WITHOUT THE $100 FEE WILL NOT BE PROCESSED If you wish to pay the registration fee by cash or check, you must print this form and mail it in with your payment. Online forms cannot be processed without valid credit card information for the registration fee. Bidder registration fees are non-refundable. Check enclosed Credit Card Number: Name on Card: Exp. Date: Code: Customer # (if known) Selling Automobiles / Motorcycles? YES NO First Name MI Last Name Auto Dealership Name (if applicable) Work Phone Cell Phone Zip Code Address to which the Vehicles / Motorcycles will be registered City State Dealer # Dealer Expiration Date County Resale Tax ID (Auto Dealer) Fax Alternative Phone (Home) Date of Birth By signing this agreement, signer affirms he/she has read the General Bidder Rules, Internet Absentee Bidder Guidelines, Internet Absentee Bidding Disclaimer, and Auctioneer Disclosure, and states that he/she will abide by the same in their entirety. He/she agrees to all terms and conditions of Mecum, no matter where or how stated and agrees to hold Mecum and its employees harmless for any matters arising from the nature of the Absentee Bidder Process. SIGNATURE: Date: This Internet Absentee Bidder Registration form may be executed in any number of counterparts, each of which shall be deemed an original but all of which together will constitute one and the same instrument. The parties to this Internet Absentee Bidder Registration form shall endeavor to execute and deliver per the notice requirements contained herein original documents bearing an original signature. However, failure to deliver documents bearing an original signature shall not in any manner affect the enforceability of this Internet Absentee Bidder Registration form. The parties hereto agree that signatures delivered by facsimile, electronic mail or in portable document format ("pdf") shall be binding for all purposes hereof.