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PAMELA ROSE AUCTION CO., LLC AUCTION USER AGREEMENT

Welcome to the Pamela Rose Auction Co., LLC’s (“PRAC”) online community (the “Site”). This User Agreement describes the terms and conditions that apply to the buying or bidding of goods or other services offered by PRAC on this Site (collectively, the “Services”). You must register and accept the terms of this Agreement in order to use the Services. BY REGISTERING FOR AND USING THE SERVICES, YOU AGREE TO BE BOUND BY THIS AGREEMENT AND ALL POLICIES AND GUIDELINES INCORPORATED BY REFERENCE.

PRAC reserves the right to change or modify any of the terms and conditions contained in this Agreement or any policy or guideline of the Site, at any time and in its sole discretion. Any changes or modification will be effective upon posting of the revisions on the Site. Changes or modifications to referenced policies and guidelines may be posted without notice to you. It is your responsibility to carefully read this Agreement before using this Site or the Services. Your continued use of this Site and the Services following PRAC’s posting of its changes or modifications will constitute your acceptance of such changes or modifications. IF YOU DO NOT AGREE TO THE TERMS OF THIS AGREEMENT OR ANY MODIFICATION, DO NOT REGISTER OR CONTINUE TO USE THE SERVICES OR THIS SITE. Instead, please contact us at 419-865-1224 or 877-462-7673 to speak to an agent or representative directly.

1.) Eligibility: The Services may only be used by persons who can enter into legally binding contracts under applicable law for the purchase of goods or services. Consequently, persons under the age of 18 may not use the Services and should not register. You may be asked to provide a proof of funds to verify your validity as a qualified buyer.

2.) Fee and Payment Terms: Participating in a PRAC Auction as a bidder is free. Fees and Payment Terms applicable to the sale of goods on the Site, unless otherwise stated, are quoted in U.S. dollars. The Fees and Payment Terms are subject to change in PRAC’s sole discretion and may vary depending on the auction. Therefore, the Fees and Payment Terms applicable to any transaction are governed by the individual auction terms in effect for the listing of an item for sale on the Site. Shipping fees applicable will be disclosed in the auction terms as well. BY REGISTERING, YOU ACKNOWLEDGE THAT YOU ARE RESPONSIBLE FOR PAYMENT AND FEES YOU INCUR FROM USING THE SERVICES.

3.) Release: PRAC cannot guarantee that sellers will complete the sale of a lot, or that buyers will go through with the purchase of item(s) at auction (“lots”). All risk of participating on the Site or using the Services is assumed by the individual buyers and sellers. You hereby release PRAC and its respective directors, employees and agents from any disputes, claims, demands, and/or damages (actual or consequential) of every kind, whether known or unknown, arising out of or relating to your use of the Site and the Services, including, without limitation, uncompleted or completed transactions and any claims or disputes between buyers and sellers.

4.) General Rules and Policies

General Policies: As discussed below, the PRAC Privacy Policy governs the collection and use of user information on the Site. These policies may be changed or modified without notice to you at any time in PRAC’s sole discretion and are effective upon posting to the Site. Therefore, you should review these policies frequently.

Contractual Obligations: The auction process is a method in which PRAC solicits offers from buyers for the sale of an item. A bid is a legal offer to buy the item. Once accepted by PRAC, a contract is created between the buyer and seller for the sale and purchase in accordance with the terms disclosed at the time of the auction. By entering into this Agreement and bidding on a item, you agree to complete the transaction as described and fulfill any and all contractual obligations.

“Without Reserve” Sales: Unless otherwise specified, all auctioned items are “with reserve” The seller has the right to withdraw the property or item prior to the auction.  If an auctioned item is sold with a “reserve price”, the seller is only obligated to sell the auction item once the reserve price is met or exceeded. The seller has the right to lower their reserve before, during, or after the auction.

Warranties on Auction: UNLESS OTHERWISE SPECIFIED IN ANY GIVEN AUCTION, ALL GOODS OR SERVICES SOLD THROUGH THE SITE ARE SOLD “AS IS” AND PRAC DOES NOT PROVIDE AND HEREBY DISCLAIMS ANY WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, FOR ANY GOOD OR SERVICES LISTED ON THE SITE. PRAC OR RELATED PRAC ENTITIES, MAY OFFER LIMITED WARRANTIES WHICH ARE DISCLOSED AT THE TIME OF AUCTION.

5.) Obligations of Buyers

By placing a bid, you are making an offer for the purchase of the auctioned item. If you are a winning bidder, your offer has been accepted by the seller and you are legally obligated to complete the transaction unless there are exceptional circumstances such as the terms of sale have changed since you submitted your bid. You understand that not completing an otherwise valid agreement may be legally actionable by the seller.

Cancellation; Reinstatement.
You cannot retract a bid unless there are exceptional circumstances such as the seller materially changing the description of the goods after you bid, or obvious typographical errors. If a winning bid is disqualified in an open auction, PRAC may reinstate your currently unsuccessful bid to winning status at your most recent bid price while the auction is still open.

You may not register and make bids under a false name or with an invalid payment method. Such fraudulent conduct is a violation of federal and state laws. Fraudulent bidders may be reported to relevant state and federal law enforcement agencies and PRAC will cooperate to ensure that violators are prosecuted to the fullest extent of the law.

6.) Authentication; Security

Passwords; Equipment.You may not disclose your password to any third party and are solely responsible for any use of or action taken under your password on this Site. Your password may be used only to access and use the Services. If your password is compromised or otherwise disclosed, you must change your password in order to minimize your risk of loss. You are responsible for providing and maintaining all equipment necessary to use PRAC’s Services, including, without limitation, computer hardware and software, modems, and telephone service. Further, you are solely responsible for (a) maintaining the security of your personal information, including, without limitation, account and login information, passwords, and financial information; (b) all telephone and toll charges which may apply to your account depending on your location; and (c) any other charges resulting from the use of your account.

7.) Enforcement

Investigation of Violations.PRAC may investigate any reported violation of this Agreement, its policies or guidelines, or any complaints and take any action that it deems appropriate and reasonable under the circumstance to protect its systems, facilities, subscribers and/or third parties. PRAC’s actions may include, but are not limited to, issuing warnings, suspension or termination of the Services, and/or removal of or disabling access to content hosted on PRAC’s systems. PRAC reserves the right and has absolute discretion to remove or disable access, screen or edit any content that violates these provisions or is otherwise objectionable. PRAC also reserves the right to report any activity that it suspects violates any law or regulation to appropriate law enforcement officials.

8.) Your Information and Privacy

PRAC Privacy Policy. PRAC takes reasonable measures to respect the privacy of our users. Please consult the PRAC Privacy Policy for information.

Your Limited Use.
You agree not to make use of anyone else’s information other than as necessary to participate in the Site and to complete any transaction in which you are involved. Specifically, you agree that with respect to any information disclosed to you by PRAC regarding another user of the Services, you only will use such information, unless otherwise authorized, (a) to complete transactions originating from the Site, including the use of third-party services, (b) for communications with PRAC, or (c) as permitted by the corresponding user identified in such information. You agree not to disclose any user information disclosed to you by PRAC except as provided by this Agreement or with PRAC’s consent. You further agree not to use any information accessible from the Site for purposes of solicitation, advertisement, or spamming, or which is harassing, threatening, harmful, invasive of privacy or publicity rights, abusive, inflammatory or otherwise objectionable.

9.) Disclaimer of Warranties

Your Warranties.You hereby represent and warrant that (a) you are at least eighteen (18) years of age; (b) you possess the legal right and ability to enter into this Agreement; (c) you will use the Services only for lawful purposes and in accordance with this Agreement and any applicable policies; and (d) you will be financially responsible for the use of your account and all transactions you enter into through the Site or using the Services.

PRAC Disclaimer.THE SITE AND SERVICES ARE OFFERED BY PRAC, ITS AGENTS OR SERVICE PROVIDERS INVOLVED IN CREATING, PRODUCING, AND DELIVERING THE SITE AND SERVICES “AS IS” WITHOUT ANY WARRANTY OR CONDITION (EXPRESS OR IMPLIED). PRAC AND PRAC’S PROVIDERS DO NOT WARRANT THE SERVICE DESCRIBED HEREIN AGAINST FAILURE OF PERFORMANCE INCLUDING, WITHOUT LIMITATION, ANY FAILURE DUE TO COMPUTER HARDWARE OR COMMUNICATION SYSTEMS, OR THAT THE SITE OR THE SERVICES WILL ALWAYS BE AVAILABLE, ACCESSIBLE, UNINTERRUPTED, TIMELY, SECURE, ACCURATE, COMPLETE, ERROR-FREE. EXCEPT AS EXPRESSLY PROVIDED IN THIS AGREEMENT, PRAC DOES NOT MAKE AND HEREBY DISCLAIMS, AND YOU HEREBY WAIVE, ANY REPRESENTATIONS OR WARRANTIES, ARISING BY LAW OR OTHERWISE, REGARDING THE SITE AND SERVICES PROVIDED HEREUNDER, OR ANY PORTION THEREOF, INCLUDING, WITHOUT LIMITATION, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT, OR ARISING FROM COURSE OF DEALING, COURSE OF PERFORMANCE OR USAGE IN TRADE.

10.) Your Indemnity: You hereby release, hold harmless, and indemnify PRAC and its affiliates and Providers (and their respective employees, directors and representatives) against any and all claims, actions, proceedings, suits, liabilities, damages, settlements, penalties, fines, costs or expenses (including, without limitation, reasonable attorneys’ fees and other litigation expenses) incurred by PRAC, arising out of or relating to (a) the violation or breach of any term, condition, representation or warranty of this Agreement; (b) improper or illegal use the Services; or (c) your violation, alleged violation, or misappropriation of any intellectual property right (including, without limitation, trademark, copyright, patent, trade secrets) or non-proprietary right of a third party.

11.) Limitation of Liability: IN NO EVENT SHALL PRAC AND PRAC’S PROVIDERS (AS DEFINED ABOVE) BE LIABLE WHETHER IN CONTRACT, WARRANTY, TORT (INCLUDING NEGLIGENCE WHETHER ACTIVE, PASSIVE OR IMPUTED), PRODUCT LIABILITY, STRICT LIABILITY OR OTHER THEORY FOR ANY INDIRECT, INCIDENTAL, SPECIAL, PUNITIVE OR CONSEQUENTIAL DAMAGES ARISING OUT OF THE USE OR INABILITY TO USE THE SITE, THE SERVICES, OR ANY PRODUCTS OR SERVICES PURCHASED OR OBTAINED THROUGH THE SITE OR SERVICES, EVEN IF PRAC HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL THE AGGREGATE LIABILITY OF PRAC OR PRAC’S PROVIDERS, WHETHER IN CONTRACT, WARRANTY, TORT (INCLUDING NEGLIGENCE WHETHER ACTIVE, PASSIVE OR IMPUTED), PRODUCT LIABILITY, STRICT LIABILITY OR OTHER THEORY ARISING OUT OF THE USE OR INABILITY TO USE THE SITE OR THE SERVICES EXCEED THE GREATER OF THE AMOUNT YOU ACTUALLY PAID TO PRAC FOR THE SERVICES IN THE PRECEDING TWELVE (12) MONTHS OR US$500.00. YOU HEREBY RELEASE PRAC AND ITS PROVIDERS FROM ANY AND ALL OBLIGATIONS, LIABILITIES, AND CLAIMS IN EXCESS OF THIS LIMITATION. SOME STATES DO NOT ALLOW THE LIMITATION OR EXCLUSION OF LIABILITY FOR INCIDENTAL OR CONSEQUENTIAL DAMAGES SO THE ABOVE LIMITATION OR EXCLUSION MAY NOT APPLY TO YOU.

12.) Termination: In its sole discretion, PRAC may terminate this Agreement or prohibit or suspend access to the Site or the Services by you at any time, without prior notice or liability. Termination or suspension may occur, without limitation, if: (a) your use of the Service violates this Agreement or any applicable policy or guideline, is potentially illegal or harmful to PRAC or any other party, or could subject PRAC to liability or additional expense; (b) providing the Service becomes technically or commercially unfeasible; or (c) you fail to pay any charges due to PRAC. The following sections will survive termination of this Agreement and the Services: “Third-Party Auctions”, “Enforcement”, “Indemnification”, “Disclaimer of Warranties”, “Limitation of Liability”, and “General Provisions”.

13.) General Provisions

Compliance with Laws: You shall at all times comply with all applicable laws and regulations regarding the use of the Services and your bidding, and purchase, of items on the Site. You shall indemnify and save PRAC harmless from your failure to so comply. You agree that PRAC shall not have to perform any obligations set forth in this Agreement if such performance would violate any present or future law, regulation or policy of any applicable government.

No Agency: PRAC is not the agent, fiduciary, trustee or other representative of you. Nothing expressed or mentioned in or implied from this Agreement is intended or shall be construed to give to any person other than the parties hereto any legal or equitable right, remedy or claim under or in respect to this Agreement. This Agreement and all of the representations, warranties, covenants, conditions and provisions hereof are intended to be and are for the sole and exclusive benefit of the parties hereto.

Should any term or provision hereof be deemed invalid, void or unenforceable either in its entirety or in a particular application, the remainder of this Agreement shall nonetheless remain in full force and effect and, if the subject term or provision is deemed to be invalid, void or unenforceable only with respect to a particular application, such term or provision shall remain in full force and effect with respect to all other applications. Further, if any provision of this Agreement is found by a court of competent jurisdiction to be invalid, the parties nevertheless agree that the court should endeavor to give effect to the parties’ intentions as reflected in the provision and the other provisions of this Agreement shall remain in full force and effect.

Claim Limitation: You agree regardless of any statute or law to the contrary that any claim or cause of action arising out of or relating to the Site, use of the Services, or this Agreement must be filed within one (1) year after such claim of action arose or be forever barred.

Waiver: PRAC’s failure to enforce the strict performance of any provision of this Agreement will not constitute a waiver of PRAC’s right to subsequently enforce such provision or any other provisions of this Agreement.

Assignment; Resale: You may not assign this Agreement, by operation of law or otherwise, without PRAC’s prior written consent. PRAC may assign its rights and obligations under this Agreement without your consent. Subject to that restriction, this Agreement will be binding on, inure to the benefit of, and be enforceable against the parties and their respective successors and assigns. You agree not to resell your rights or obligations under these terms and conditions and not to make any unauthorized commercial use of the Site or Services. Any notice you make to PRAC must be made by either e-mail or regular mail. PRAC may give notice of changes or modifications to this Agreement or other policies applicable to the Site or the Services by posting a notice of them on the Site.

Entire Agreement: This Agreement constitutes the entire agreement of the parties with respect to the subject matter hereof and supersedes and cancels all prior and contemporaneous agreements, claims, representations and understandings of the parties in connection with the subject matter hereof.