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Declaration Continued

5. All bids must be in even dollar amounts (no cents). Any bid which includes cents will be automatically
disqualified.

6. The bid boards will be closed approximately at the times stated in the catalogue. However, the official closing will
be that time when the Boys & Girls Club official actually removes the bid sheet from the board.

7. In the event that bidding is still in process when the Boys & Girls Club official attempts to close the board, the Of-
ficial shall conduct a mini-live auction on the spot, allowing all persons wishing to bid to do so and shall deter-
mine the winning bidder, subject to Rule 8 below.

8. After the bid board is closed, the Bid Sheets will be taken to the item verification table. At this time the validity of
all bids will be established (bid number, even dollar bids, minimum increases, etc.) The highest valid bid will be
declared the winner and the decision of the official will be final. Shortly after the board is closed, an official shall
post the bid number of the winninq bidder on the board.

IMPORTANT (read carefully) GENERAL KULES

1. The Boys & Girls Club requires that all prizes be paid for in full at the auction. Payment may be made by cash,
check, Visa or Mastercard.

2. Unless otherwise specified, all auction items and services must be used within one year from June 11, 1988.
Unless otherwise specified or stated by donor, all items are transferable from the winner to another person.

3. According to the Internal Revenue Service, only the amount paid for an auction prize'' in excess of the actual
cash value of that prize" is tax deductible. A written receipt indicating such an amount for tax purposes will be
issued to you after the auction at your request.

4. All sales are final. For our guests' protection the Boys & Girls Club recommends winning bidders of live auction
trips purchase trip cancellation insurance to protect their investment. The Club cannot refund monies for trips
which the buyer must cancel due to illness or other personal emergencies. However, the Boys & Girls Club will re-
fund the full purchase price of any item where there is a failure of performance either on the part of the Boys &
Girls Club or on the part of the donor.

5. Prior to leaving the auction, all bidders should go through ''checkout'' to verify their winning purchases.
All winning bidders are to report to the cashier's table to pay for the items and to claim their prizes. Any
bidder not making arrangements for payment at the cashier's table by the end of the evening may, at the
discretion of the Boys & Girls Club, forfeit his right to purchase the item and it will be made available to the next
highest bidder.

6. All items should be removed from the premises on the night of the auction. In the event you cannot remove your
purchases that evening, you must do so between 12 noon and 5 p.m. on Sunday, June 12, 1988. If you wish to do
otherwise, prior arrangements must be made by either the purchaser or donor.

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