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tion to disposal of the Lot. The Seller should collect the balance (if any) at its pay attention to any such alternations of these Conditions and the Company shall
own expenses. under no conditions be liable to any separate notice.
Article 69 Formatted text
Chapter IV Miscellaneous Unless otherwise agreed by the Company, the consignment auction contract
mentioned in Article 6 of these Conditions and the cancellation notice mentioned

Article 58 Confidentiality in Article 25 should be in the forms provided by the Company. Such forms pro-

vided by the Company consist of the whole part together with this Condition.

We shall be obligated to maintain the confidentiality of any information provided
to us (except otherwise prescribed by laws of People’s Republic of China) , and Article 70 Date of Effectiveness

indemnify all legal rights of Seller, Bidder, Buyer and our company against any These Conditions of Business take effect on Oct.1, 2008
damages according to the relevant laws and regulations of the People’s Republic

Article 71 Right to Interpret
of China.
We have the right to interpret these Conditions at our own discretion.

Article 59 Identification
We may identify the Lot if necessary and as the case may be, at our own discre-
tion. In case of any discrepancy with respect to the status of such Lot between

the identification and the consignment contract, we shall be entitled to modify or
rescind the consignment contract.
Article 60 Copyright
We shall be entitled to take photographs, make illustrations, catalogues or other
images relating to the Lot consigned to us for auction and shall have the copy-
right for such photographs, illustrations, catalogue or other images mentioned
above.
Article 61 Exemption
We, acting as agent of the Seller, shall undertake no liability for any breach of
contract by the Buyer or the Seller.
Article 62 Notice in Written
Both the Bidder and Seller shall notify us of their valid and regular means of
communication and address. No change in any of the particulars will be effec-

tive until it has been notified in writing as soon as possible. All notices referred
in this agreement shall be in writing and shall be delivered by post or transmitted
by fax. A notice sent by post shall be deemed to have been sent on the date we

give it to the post office and received by the addressee via normal mail service.
A notice sent by fax, shall be deemed to be received on the date when it is faxed.
Article 63 Severability
If any provision or part of these Conditions is deemed invalid, unlawful or un-
enforceable by a competent agency, these Conditions shall be ineffective to the
extent of such unlawfulness or unenforceability without invalidating or affecting
the validity or enforceability of the remaining provisions of these Conditions.
Article 64 Settlement of Disputes
If any dispute arises from or is related to participation in the auction pursuant to
these Conditions, all concerned parties shall submit such dispute to a competent
Chinese court of the place where our company has its domicile unless the Parties
have agreed otherwise. Such dispute shall be governed by Chinese laws.
Article 65 Language
This Conditions are written in Chinese and English. The English version is only
for reference. In case of any discrepancy between the Chinese version and Eng-
lish version, the Chinese, as the official version, shall prevail.

Article 66 Copyright of these Conditions
These Conditions are made and amended in accordance with Chinese laws and
we shall have its copyright accordingly. Without our prior written consent, no
party shall use these Conditions for commercial purpose in any way or manner
and shall not copy, transmit, or store any part herein into a searchable system.
Article 67 Singular and Plural
In the provisions of these Conditions, the singular includes the plural and vice
versa where the context requires.
Article 68 Right to alternation
The Company reserves the right to make any alternation to these Conditions at
its sole discretion at any time the Company considers proper. The altered version
is valid and becomes automatically effective on the date it is altered and is to be
published in the way the Company considers proper. Any party involved must