Terms And Conditions Auction Terms & Conditions Goodwin Auction Company ARMSTRONG DOWNSIZING AUCTION: (please note terms and conditions may be different for each auction and are subject to change) 1. REGISTRATION: Bidders must enter a valid Visa, MasterCard, Discover, or American Express card (if applicable) along with required contact information. In an auction that credit cards are accepted there will be a $1.00 charge to your card for verification that will be refunded. 2. PICK UP DATE/TIME: Pick up will be disclosed to winning bidders when settlement email are dispersed within 5 hours of end of auction. Pick up will be on Friday Sept 9th from 3pm to 7pm 3. SALES TAX: None. 4. PAYMENT: We accept cash or checks with a valid ID from established bidders. Credit cards will automatically be charge at the close of the auction and will include a 3.5% charge unless notified in the auctioneers note that you would like to pay cash in person. Goodwin Auction Company has the right to deactivate any bidder's account or cancel the bids of any bidder, for any reason, at their sole discretion as needed. 5. PICK UP: This is an ONLINE ONLY AUCTION. DO NOT BID IF YOU ARE NOT ABLE TO PICK UP YOUR ITEMS DURING THE INDICATED PICK UP TIME(S). NO REFUNDS OR CHARGEBACK'S WILL BE GRANTED. After the scheduled removal, items left will be considered abandoned. The amount of your purchase will be surrendered as a removal fee up to the total amount of your purchase for disposal of your item(s). IN CASE OF AN EMERGENCY, please call the main number at 812-987-6097 to inform the auction company as any items you leave at the pick-up are considered abandoned and ownership reverts back to the Seller. 6. SHIPPING: Only items marked for shipping will be shipped. If a bidder bids on an item that is not marked for shipping but said bidder needs shipping he/ she will need to pick up the item or forfeit item. Said bidder is still responsible for payment of all items. 7. PICKUP OF ASSETS: Bidders are responsible for their own removal. The auction company staff does not provide moving services or tools. Please be prepared to move all of your purchases by yourself or bring your own help. Any item NOT picked up by the set time will be considered abandoned. Removal shall be at the expense, liability, and risk of the purchaser. Purchases will be released upon payment. Please insure that movers or anyone picking up items on your behalf have your paid receipt at the pickup location. Buyer authorizes Goodwin Auction Company to release buyer's assets to any individual in possession of the buyer's sales receipt. Bidder further agrees to be held personally responsible for all purchases made on their bidder number and agrees that bidder will not charge back items which are not picked up during the published removal times. If you present a hazard to yourself, the building, or others at the auction you may not be permitted to move items. Buyers may be required to produce ID for various security reasons. Please have your ID with you at all times. All Buyers accept that pickup may be electronically recorded and monitored. 8. BIDDING ERRORS: We will not reverse bids that have caused another bidder to be outbid. Please be aware that many bidders routinely increase their own bid to price an item out of reach of other bidders. You should immediately review your bids before submitting. If you bid on the wrong item, we will not reverse your bid. We will not reverse bids after the auction has begun to close, no exceptions. 9. CUSTOMER COMMITMENT: We appreciate all of our customers and their continued business. If we have to move your items off premise we are not responsible for broken/ damaged items nor theft of items related to the move. We want everyone involved to have a good experience and ask that all buyers abide by these terms and conditions. 10. BIDDING PROCEDURE: If you are immediately outbid when you place your bids, then you are likely bidding against a maximum bid. Buyers use maximum bids as they have seen the convenience and do not risk missing the opportunity by placing only real time bids on items. While the auction is closing click on the FLASHING LIVE CATALOG link to see the lots closing in order with auto refreshing. If you mistakenly increase your own bid, place your bidder number in the bid field, or make a gross error you must immediately contact our office by email at jeffgoodwin@goodwinauctionco.com or call 812-987-6097. Communication of the error does not in itself resolve the error. Goodwin Auction Company will attempt to address the bidding error. 11. AUCTION CLOSING: The online auction closes at a rate of 1 item every 20 seconds. This feature works great with the auto-extend (soft close) feature to closely emulate a 'live' auction. If a bid is placed within the last minute of an items closing time, that item will extend three full minutes as to allow a bidder that has been outbid the chance to bid again and will repeat until no bid has been placed within the last minute. If you have been outbid, you will be notified by email up to the time that the auction begins to "close". 12. WINNING BIDDER NOTIFICATION: You will be contacted by email ONLY (you are responsible for checking your email). If you feel you have won an item and have not received an email you must notify us by email no later than 11 AM the next day. If you do not receive an email invoice, then you did not win any items at the online auction. NOTE: it takes time to process invoices so plan on at least 5 hours after auction closes to receive your invoice. 13. AUCTION DESCRIPTION: Please inspect the lot numbers and read the descriptions. You are bidding on the described item not the photograph, occasionally the wrong photo may be displayed. The photo may also depict other items that are not included. Always read the item description. 14. WARRANTY & CONDITION OF ITEMS SOLD: All items are sold "AS IS, WHERE IS, with NO WARRANTY expressed or implied. Descriptions are believed to be accurate but not guaranteed. When you are not certain of the condition or use of an item please bid accordingly. Goodwin Auction Company is not responsible for the use or misuse of items, infestation and pathogens, environmental harm or any injury or harm caused by items purchased. 15. BUYER DEFAULT: If a bidder(s) defaults at an auction, the auction company may, at its discretion, contact the backup bidder(s) for an offer but has no legal obligation to do so. 16. DAMAGE: Any damage caused by a buyer during the preview, or during the period of removal is at the expense of the Buyer. Their information will be given to the Seller upon request and they will be held liable for any damages. 17. CHOOSE WISELY: We want everyone to get a good deal and most will. However, when you bid on the wrong item or decide an item is not suited for your intended use, our Seller(s) are not willing to assume the cost of your mistakes. When in doubt about condition, completeness or suitability for intended use, please bid accordingly. 18. RESERVE AUCTION: Some Goodwin Auction Company "online auctions" may be "Reserve" auctions. Therefore the auction company reserves the right to establish or change bidding increments, remove items from the auction, split or combine lots, add minimum bids or reserve prices, cancel, suspend, extend or reschedule an individual item and or auction event. Suspend or cancel the bidding of any buyer at any time. Change, modify, delete, or add to descriptions, photos. Change auction closing time, inspection, or removal times. Rescind the sale of any or all items regardless of high bid upon auction conclusion. Goodwin Auction Company permits the registration and bidding of any party as long as they meet the registration requirements and terms and condition including sellers, members, owners, employees and associates of Goodwin Auction Company. The auction company is not responsible for technical or communication problems, website outages, browser incompatibility or any connectivity issues. Items for sale by court ordered Bankruptcy are subject to the approval of the appointed Trustee and Bankruptcy Court. 19. LIABILITY: Auctioneers and Sellers liability shall be limited to the refund of bidders purchase price. 20. PRIVACY: Goodwin Auction Company will not sell bidders information. Bidders who register consent to be contacted or emailed auction notifications for all Goodwin Auction Company auction events. 21. LIMITATIONS: The above-stated terms and conditions of sale cannot be altered except in writing by the auction company. Terms and conditions may change from auction to auction and are agreed to electronically by bidders upon registration. Terms and conditions are designed as general guidelines and may not cover every possible scenario. Goodwin Auction Company is not responsible for the fraudulent or unauthorized use of your bidder number and bidding account. Bidders are responsible for the security of same. If you feel someone may possess this information, it is suggested that you change your password immediately. Buyers agree that they have reviewed and agree to all terms and conditions of the auction. These terms and conditions constitute an enforceable and binding electronic agreement upon their electronic acceptance by the Bidder. 22. INTERNET OUTAGE: In the event of an internet outage that would affect the auction while live bidding is taking place Goodwin Auction Company reserves the right to suspend and resume the auction at a later time or date.

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