All persons bidding or otherwise attending auction (Bidders) acknowledge the following Terms and Conditions and agree to be bound by them. FORMAT: TIMED ONLINE AUCTION • AUCTION PLATFORMS: Bidspotter, Proxibid • SALE DAY: LOTS BEGIN TO CLOSE: Tuesday, May 14th, 2024 at 10:00am ET o BIDDING BEGINS ONLINE: Tuesday, May 7th, 2024 at 4:00pm ET o All bidders MUST register prior to placing bids o You are encouraged to use the Max Bid feature which represents your top bid. • ONSITE BIDDING: o ONSITE BIDDING IS NOT AVAILABLE FOR THIS EVENT LOCATION OF ITEMS: 2220 Stockton Street, Richmond, VA 23224 PREVIEW & INSPECTION: 9:00am - 4:00pm ET each of the following days unless otherwise noted: • Friday, May 10th • Monday, May 13th • Tuesday, May 14th (until auction close) BID SUBMITTAL: • Motleys is not responsible for a bidder's inability to place any bid, by internet, phone, absentee or otherwise for any auction/sale for any reason. • In the event of technology issues with Internet sales, the Auctioneer reserves the right to reopen or extend Internet bidding as it deems necessary and appropriate. • In the event a bidder loses internet connection, immediately call the office (804-232- 3300 ext. 3) for assistance. BUYER'S PREMIUM: A 16% Buyer's Premium ($5.00 minimum) will be charged for each lot purchased. PAYMENT TERMS: PAYMENT IN FULL IS DUE BY 4:00PM ET on FRIDAY MAY 3rd, 2024. • Payment Options: o Wire Transfer (see Wire Transfer Info below) o Certified Check o Credit Card ($5,000.00 Maximum) • A 3% (Visa, Mastercard, Discover) or 4% (AMEX) processing fee will be added to credit card purchases. • Motleys may require recording fees from bidders with no purchase history with Motleys Auctions or from bidders who reach a certain spend level. o When a bidder has purchased between $25,000.00 and $50,000.00 worth of lots, Motleys may require $1,000.00 to secure the transaction. o When a bidder has purchased between $50,000.00 and $100,000.00 worth of lots, Motleys may require $2,500.00 to secure the transaction. o When a bidder has purchased over $100,000.00 worth of lots, Motleys may require $5,000.00 to secure the transaction. o All recording fees will be applied to purchases and reflected on your invoice after collection. o Motleys Industrial will call your phone number on file to collect these recording fees. • Motleys reserves the right to disqualify any bidder whose credit card is denied for any recording fee charged during the auction. • In the event a bidder is disqualified due to an inability to collect the appropriate recording fee, immediately call the office (804-232-3300 ext. 3) to take the steps necessary to reinstate their ability to participate. • A $50.00 per day Late Payment Fee will be charged on any outstanding balance unless acceptable arrangements are made with Motleys. • NO EXCEPTIONS WILL BE MADE TO THESE PAYMENT TERMS. WIRE TRANSFER: • Touchstone Bank, 4300 Crossing Blvd., Prince George, VA 23875; Account # 400 58 778; Routing # 051 403 931; Swift Code COMHUS33; Account Name - Motleys Auctions, Inc. • For all Domestic and International Wire Transfers, please confirm with your banking institution any transaction fees that may need to be allowed for and confirm that the correct amount is being wired. All wire fees are the sole responsibility of the Buyer. • No Direct Deposits in person at the Bank to our account will be accepted. • No items will be released until receipt of wire transfer has been verified. REMOVAL: • Removal appointments are required. This ensures the best possible customer service for you. o Appointments are Monday-Friday from 9:00am ET to 4:00pm ET. o To schedule your appointment, access the Removal Scheduling link sent with your paid invoice, or contact the office by emailing industrial@motleys.com or calling (804-232-3300 ext. 3) o Removal Deadline is Tuesday May, 21st 2024, by 4:00pm ET. • All items must be paid for in full before removal of any item will be allowed. • NO ITEMS WILL BE RELEASED TO ANY SUCCESSFUL BIDDER UNTIL ALL ITEMS PURCHASED BY THE BIDDER HAVE BEEN PAID IN FULL. • Loadout: o Is the responsibility of the purchaser. o Motley's personnel will direct you to the location of your item(s). • Storage Fee: Any item remaining after the Removal Deadline, a $10 per day, per item fee will be charged to the buyer until the item is removed. Anything remaining 60 (sixty) days after the Removal Deadline will be considered abandoned and Motleys may take possession of the asset(s). TITLES: • Titles are processed within ten (10) business days after payment and titles are received. • A $40.00 title fee is charged for each titled item. • Any item(s) sold as Title Delay o Must remain on the premises until the title document is available. o Title Delay documents are generally available within 30-90 days. FINANCING: • FINANCING IS NOT A CONTINGENCY OF THE SALE. • You may contact the following vendors for options: o Navitas Credit Corp., Chuck Zegley, 717.419.8975, czegley@navitascredit.com o Wells Fargo Equipment Finance, Inc., Roderick W. Hart II, Territory Manager, 301.787.8692 (phone), 866.620.1607 (fax), roderick.hart@wellsfargo.com, o Go Capital, Brian Rose, Regional Account Manager, 855.396.3600 (phone), 949.271.4023 (fax), brian@gocapitalusa.com, o F. N. B. Equipment Finance, Zachary Roy, 410.935.5369 (cell), 800.278.6259 (office), 570.883.0928 (fax), royz@fnb-corp.com. ALL SALES FINAL: ALL ITEMS ARE SOLD AS IS, WHERE IS, WITH ALL FAULTS AND WITHOUT WARRANTIES OR GUARANTEES, EXPRESSED OR IMPLIED.