2006 S Purchasing - GovDeals Electronic Auction Services

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3.1 Provide on-site support and resources required to access the GovDeals Auction Server via the Internet; 3.2 Make sufficient personnel related to surplus property disposal available for training, implementation, and initial data entry; 3.3 Cooperate with marketing campaigns, including, to the extent allowed by law, providing a mailing list of prior auction customers, if available; and 3.4 Utilize GovDeals Auction Server and on-line auction capabilities during the term of this Agreement by: 3.4.1 Listing assets for sale on the GovDeals auction service; 3.4.2 Completing sales transactions for assets sold via this service; 3.4.3 Not selling through some other means any item for which it has received a winning bid via GovDeals for the specific purpose of avoiding the GovDeals fee; and 3.4.4 Not engaging, directly or indirectly, in any activities intended to manipulate or interfere with the bidding process. 4.0 Fees: For any item that is sold as a result of posting it to the GovDeals web site, the following fees apply: 4.1 Where a single auction item does not yield greater than $100,000 in a winning bid, Client agrees to pay GovDeals a fee of seven and one-half percent (7.5%) of the winning bid, but not less than $5.00. 4.2 Where a single auction item yields greater than $100,000, but does not yield greater than $500,000 in a winning bid, Client agrees to pay GovDeals a fee of seven and one-half percent (7.5%) of the winning bid up to $100,000 plus five and one-half percent (5.5%) of the winning bid that is in excess of $100,000 up to $500,000. 4.3 Where a single auction item yields greater than $500,000 in a winning bid, Client agrees to pay GovDeals a fee of seven and one-half percent (7.5) of $100,000 of the winning bid, plus a fee of five and one-half percent {5.5%) of $400,000 of the winning bid, plus a fee of three and one-half percent (3.5%) of the amount in excess of $500,000 of the winning bid. 4.4 On occasion, and apart from initial training, Clients request GovDeals to supply on- site assistance to quickly move large amounts of items that have accumulated over a period of time. For this service, and upon mutual agreement between GovDeals and the client, an additional fee will be charged over and above the normal fee schedule shown in 4.1, 4.2 and 4.3 above. For this mutually agreed upon additional fee, GovDeals will go to the Client's site and record asset descriptions, take pictures, load assets to the auction site, and set auction dates. Assets must be arranged in such a manner as to allow GovDeals personnel access to the assets for recording descriptions and taking pictures. If assets are not arranged in the proper manner, Client will provide personnel to assist the GovDeals representatives in arranging the assets for proper presentation. In order to exercise this option, Client must request and agree to the additional fee in writing. This fee does not apply to assets used in the initial training and will not apply when the Client processes its own assets. 5.0 Pavment• GovDeals Sellers Agreement -V.4.5 - 2.25.05 Page 3 Copyright 2001, Go~-Deals, Iuc.