SALE TERMS AND CONDITIONS

Bidders, Contributors and Buyers hereinafter referred to as “Users” and StockShowAuctions.com hereinafter referred to as “Auctioneer” agree that the terms and conditions set forth below shall govern this online auction. All registration information provided by Users to Auctioneer shall be current, complete, and accurate. Users must be 18 years of age or older. Users agree to not use any device, software or routine to interfere or attempt to interfere with the proper functioning of this online auction sale. Users acknowledge that this online auction is conducted electronically and that the Auctioneer and other parties to the online auction will therefore of necessity rely on hardware and software that may malfunction without warning to either party. To proceed with User registration, User must first agree to the following Terms and Conditions / User Agreement

DEFINITIONS

PREMIUM AUCTION: Registered Users understand that a premium auction acts as a fundraiser for the student exhibitor. THE HIGH BIDDER DOES NOT PURCHASE THE RIGHTS OF LEASE OR OWNERSHIP TO THE PROJECT BEING OFFERED. The student exhibitor may keep the project or sell it to a market buyer through negotiated sale or separate auction. Premium sale buyers desire to financially assist student exhibitors ONLY. No transfer of lease or ownership is implied when a lot is designated as a “Premium Auction” Item. Premium sale prices are to be strictly considered a gift to the student exhibitor.

TERMINAL AUCTION: Student exhibitor consignors may offer their project as a “Terminal” auction which means the highest bidder will be granted the contents of the lot at the conclusion of the auction and successful payment. A terminal lot should be understood by the bidder that they are buying the contents of the lot and have the ability to take delivery and provide adequate care of live animals.

ADD-ONS: Users desiring to assist individual exhibitors through financial donations may place “Add ons” on specific lots. These add on monies will be credited to the student exhibitor less applicable sale expenses. There is no transfer of lease or ownership implied to any lot by placing “add ons” on a lot. Add ons are to be strictly considered a gift to the student exhibitor.

BIDDING PROCEDURES

BIDDING TYPES: Bidding is done in increments and will vary by lot according to the current price or request of specific consignor and/or governing body such as a specific fair or show board. Bidding Users have one of two choices for bidding style. 1) “Max Bid” style which allows bidders to enter the maximum amount they wish to spend and allow the system to bid on your behalf by the published increments as other Users compete against your maximum bid. 2) “Regular Bid” style allows bidders to enter a bid that will become the new highest bid, unless another User has entered a higher “Max Bid”, passing all other increments. With either option, Users should be aware that they may be out bid minutes before the close of the online auction and may not have the opportunity to enter another bid. You should automatically receive notification by email and/or text if another bidder outbids your maximum bid, however you should not rely solely on this email and/or text notification. You will therefore need to monitor the auction activity to stay fully informed. In the event of a tie, the earlier bid will be considered the winning bid. When bidding ends, all sales shall be considered final. There are no exchanges or refunds absent express statement to the contrary expressed herein. A bid by any person shall be deemed conclusive proof that such person is familiar with the terms and conditions of use and auction rules and that the bidder agrees to be bound by them. Each Lot will extend 5 (five) minutes beginning five minutes prior to the posted end time. If the sale ends at 7PM and a bid is placed at 6:57PM and no other bids are received the lot will close at 7:02PM.

BID RETRACTIONS: There are no bid retractions. ALL BIDS ARE NON-CANCELLABLE ONCE SUBMITTED. Once a bid is made and confirmed, it cannot be retracted. When a bid is made you manifest your intent and ability to buy the lot at the bid price. A false or fraudulent bid may result in legal action. Any winning bidder who refuses to purchase the lot may be banned from all future online auctions. Despite efforts to avoid the withdrawal of lots from the online auction sale after they are listed, it may sometimes be necessary to withdraw lots, therefore, the consignor reserves the right to do so at any time before or during the online auction sale ends and bidders acknowledge the consignor’s right to do so without recourse of such.

CONDITIONS: Any person placing bids on items in this auction agrees to these terms and conditions and understands that, by placing bids, they are entering into a binding contract between themselves and the consignor(s) and that they will be held financially responsible for their actions. Auctioneer serves only as an agent between for the seller but may not be held responsible for any livestock or merchandise. It is to be clearly understood that Auctioneer; StockShowAuctions.com and representatives act only as a means between buyer and seller, and may not be held liable, financially or otherwise, for any failure on the part of the same to fulfill any obligations set forth in this sale or for the truth of any warranties expressed or implied. This catalog of offering has been prepared by the auctioneer from information provided by the seller(s) and is assumed accurate as presented to us. Auctioneer in no way guarantees age, pedigree, or reproductive status of the animals selling. All agreements and adjustments made are between buyer and seller and should be done in writing.

TERMS

CHECK OFF FEES: Seller and seller alone is responsible to remit any check-off type fees required by law. Seller assumes this responsibility and releases and will indemnify and defend Auctioneer and buyer(s) from seller’s failure to remit such payment to the appropriate agencies.

BIDDER SECURITY: As a Bidder, you are responsible for any bids placed by you or a designated representative under your bidding number and password. The security of your Bidder information is your sole responsibility and the Bidder will be responsible for any and all bids placed under the assigned number. If, at any time, you feel that your Bidder number and password have been compromised, due to lack of security on your part, you must notify Auctioneer immediately.

LOT REMOVAL: Despite efforts to avoid the withdrawal of lots from the online auction sale after they are listed, it may sometimes be necessary to do so; therefore, the consignor reserves the right to withdraw a lot at any time before or during the online auction sale ends without recourse from such from bidders.

AT YOUR OWN RISK: Auctioneer is not responsible for injury or accidents. All animals become property of the buyer at the conclusion of the auction. Consignors cannot be held responsible for the health or condition of animals after the conclusion of the auction.

Auctioneer, Brent R. Graves is licensed in the State of Texas issued by the Texas Department of Licensing and Regulation (License number 13507) and is covered by a surety bond issued in accordance to the Federal Packers and Stockers Act.

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