***Contact Transcon Livestock for payment. 1. Timberlind Auctions (Auctioneers) hereby grants to the online account holder or party whose signature appears on the Bidder's Registration Agreement (Bidder), the right to use the number shown hereby for the purpose of bidding at an auction sale to be conducted by Auctioneers. Such right is granted at the Auctioneer's sole discretion and may be revoked at any time. 2. Bidder acknowledges he or she has received, read and understands these terms as listed, and agrees to comply with and be bound by such. 3. The Auction will be conducted by offering in the terms by lot (Lot), either individually or in groups. The Bidder offering the highest bid accepted by the Auctioneers shall be the purchaser (Purchaser) of the offered Lot. Purchaser accepts a Lot when he or she makes a bid. All sales are final. 4. Bidder, whether acting as principal, agent, officer or director of a company or otherwise, in any capacity whatsoever, and the company he or she represents, both jointly and severally, agree: (a) to indemnify and save harmless Auctioneers and its Consignors from any and all actions, causes of action, suits, damages, costs and losses of any nature, arising from the attendance or participation of Bidder, his or her agents or employees, at the auction sale and/or on the auction site whether before, during or after the auction sale; and (b) to be responsible for the payment of the purchase price and taxes due on all Bidder's purchases. 5. Some items in the Auction may be subject to a Reserve. 6. The Bidder grants to the Auctioneers a security interest in the Purchases, to secure payment of the purchase price. In the event of non-payment, the Auctioneers may proceed to file the Bidder Registration Agreement as a financing statement to perfect the security interest granted by this Security Agreement. 7. There shall be no guarantees or warranties, expressed or implied, statutory or otherwise of any nature whatsoever in respect of the Lots offered at the auction. Each and every Lot will be sold "as is where is". Specifically, but without limitation, Auctioneers make no representation or warranty that any of the Lots: (a) conform to any standard in respect of safety, pollution or hazardous material or to any standard or requirement of any applicable authority, law or regulation, or (b) are fit for any particular purpose, or (c) are merchantable or financeable, or (d) are of any particular age, year of manufacture, model, make or condition. Bidder agrees he or she has satisfied him or herself and is not relying on Auctioneers, nor are Auctioneers liable, for any matter in respect of the above. Bidder further agrees to repay, at his or her cost, any Lot purchased at the auction to a safe operating condition and, without limitation, to a condition that meets any standard or requirement of any applicable authority, law or regulation, including those concerning any use to which the Lot may be put. 8. Bidder acknowledges that an auction site is a potentially dangerous place. Flammable, noxious, corrosive, and pressurized substances are present, heavy equipment is being operated and electricity may be live. Every person at the auction site, at any time, shall be there at his or her own risk with notice of the condition of the premises and the activities thereon, and Bidder shall so advise his or her agents and employees. No person shall have any claim against Auctioneers, their agents and employees, or Principals for any injuries sustained, nor for damages to or loss of property which may occur from any cause whatsoever. 9. Auctioneers may, at any time, at their sole discretion and without notice or liability to Bidder: (a) withdraw or cancel the sale of any Lot, or (b) offer any Lots in groups or with privilege. 10. Any dispute arising as to any bidding shall be settled by Auctioneers at their sole discretion, and Auctioneers may put the Lot in dispute up for sale again. Auctioneers reserve the right to refuse any bid that they consider to be an insignificant advance over the preceding bid. 11. Purchases become the responsibility of, and shall be at the risk of, the Purchaser upon acceptance of his or her bid. It shall be the responsibility of Purchaser to insure his or her purchases immediately. Auctioneers shall not be responsible for loss or damage to any Purchase. 12. Purchaser shall not be entitled to possession of any of his or her Purchases until the total purchase price of all his or her Purchases, including all applicable goods, sales or use taxes, has been fully paid. In the event Purchaser fails to comply with any Terms, Auctioneers, at their sole discretion, have the right to resell such Purchases by public or private sale without notice to Purchaser. Should Auctioneers resell any Purchase, the net proceeds therefrom (after deducting commissions of 14% of any costs) shall be credited to the original Purchaser's account and the original Purchaser shall forthwith upon demand pay Auctioneers, as damages, any deficiency arising from the resale. 13. All purchases must be removed from the auction site within the time announced or posted in the Terms & Conditions and all costs, responsibility and risk of such removal shall be borne by Purchaser. Purchaser shall use prudence in effecting such removal. Auctioneers reserve the right to require proof of adequate insurance coverage from any Purchaser for Purchases requiring dismantling, rigging or hot cutting. Purchaser agrees to indemnify and save harmless both Consignor and Auctioneers against any damage caused by the act of Purchaser and/or his or her agents in connection with the dismantling or removal of any Purchase. If for any reason Purchaser fails to remove and store the said Purchase at Purchaser's sole risk and expense, Purchaser shall be liable for any rent incurred or damages suffered by Auctioneers because of Purchaser's failure to remove any Purchase. 14. Bidder acknowledges that all Lots were available for inspection prior to the Auction and that it is his or her responsibility to inspect all equipment and to make his or her own inquiries prior to bidding. 15. If, for any reason, Auctioneers are unable to make available or deliver any Purchase or clear title to same, or documentation required in respect of any Purchase, whether before or after delivery, the Auctioneers sole liability, if any, shall be the return of monies paid in respect of such purchase upon its return by Purchaser. Any such Purchase shall be returned or surrendered upon demand by Auctioneers. 16. Interest on overdue amounts will be paid by Purchaser at a rate of 24% APR (2% per Month), together with any legal or collection costs incurred by Auctioneers. 17. Upon Purchasers arranging for and assuming all risk and costs associated therewith to Auctioneers' satisfaction, Auctioneers will ship Purchases to, and give physical possession at a destination specified by Purchaser. 18. All Successful Bidders are to make payment to Transcon Livestock.. 19. Technologies - The bidders acknowledges that the auctioneer cannot guarantee the continuous and/or secure operation or access to any "online" technologies. All technologies are subject to, but not limited to, failure, outages and/or delays. The auctioneer will not be held liable for any claims and/or alleged losses related to the use of any technologies or process used in the auction. Transcon Livestock Terms & Conditions TERMS - The terms of the sale are cash, cheque, VISA, MasterCard, payable at par at sale location. There will be a 3% administration fee on all VISA or MasterCard purchases applied to the buyer's invoice. The right of property shall not pass until after settlement is made. Transcon Livestock Corp. reserves the right to require a certified cheque as settlement before releasing any sale cattle. Should any purchaser fail to settle for his purchase Transcon Livestock Corp. reserves full power to resell the animal to the best advantage either publicly or privately, without further notice. Any loss arising from such resale together with keep and all other expenses shall be payable by the defaulter. All settlements must be made with the clerks of the sale before any cattle will be released. BID - Every animal consigned to the sale must be sold by auction. No private sales will be allowed except as otherwise provided for in the terms and conditions. No by-bidding will be permitted. Each animal will be sold to the highest bidder. SALES TAXES - Applicable sales taxes will be charged on semen, embryos and trucking fees (if listed), respective to the home province of the buyer, not the seller. DISPUTES - In cases of disputes, bidding will be reopened between the parties involved. If no further bid is made the buyer will be the person from whom the auctioneer accepted the last bid. The auctioneer's decision in such matters will be final. PURCHASER'S RISK - Each animal becomes the risk of the purchaser as soon as sold. Animals will be cared for at the purchaser's risk for a reasonable length of time. INFORMATION SUPPLIED - The information contained in this catalogue is believed to be true and accurate. However, the information has been supplied by the seller and neither Transcon Livestock Corp. nor catalogue designer/producer assumes any responsibility if the information supplied is not accurate. CATTLE PICTURES - The images in this catalogue are believed to be accurate representations of the individual animals. Transcon Livestock Corp. and catalogue designers/producers assume no responsibility if the images as received have been altered. ANNOUNCEMENTS from the auction block will take precedence over the printed matter in the catalogue. Buyers are therefore cautioned to pay attention to any such announcements. CERTIFICATE OF REGISTRY - A registration/recordation certificate issued by the applicable breed association and duly transferred will be furnished to the buyer of each animal after settlement has been made. It is the responsibility of the buyer to determine the acceptance of this certificate in any other association. SHIPPING - Assistance will be given in making shipment after the sale but no risk is assumed by the Sales Management or Seller. Expenses incurred are the responsibility of the purchaser. Purchasers are requested to furnish shipping instructions when making settlement. BREEDERS GUARANTEE - As per applicable Canadian Breed Association Breeding Guarantee guidelines. Copies are available at the sale settlement desk to be picked up by the buyer at any time. In no event shall the seller be responsible for reimbursing more than the purchase price. EXCEPTION TO GUARANTEE - In cases where the animal is subjected to any hormonal or surgical reproduction techniques after the sale, the guarantee shall be null and void. HEALTH - It is the buyer's responsibility to determine health requirements for importing any animal into his province or state. Transcon Livestock Corp. assumes no responsibility for the health status of any animal in the sale. ACCIDENTS - Although every precaution will be taken to protect the safety and comfort of buyers, neither the Sales Management, auctioneer consignors. or Association assumes any responsibility in this matter and disclaims any liability legal or otherwise in the event of accident or loss of property. RIGHTS AND OBLIGATIONS - The above terms and conditions of the sale shall constitute a contract between the buyer and the seller and be equally binding to both. Resale of animals following purchase in this sale shall constitute a separate transaction and the rights and obligations of the two parties connected thereto are not covered by the terms and conditions of this sale. TRANSCON LIVESTOCK CORP. IS AGENT ONLY - It is to be clearly understood that Transcon Livestock Corp. is only acting as a medium between buyer and seller and is not in any way responsible for any failure on the part of either party to live up to his obligations, neither does Transcon Livestock Corp. assume any financial obligations to collect or enforce collection of any monies between parties, and any legal action that may, in exceptional cases, be taken, must be between buyer and seller. The Auctioneer shall have the right to refuse bids from anyone who has a previous record of default in payment or who has not made proper credit clearance prior to the sale with the owner or Sale Managers.