BIDDER LOGISTICS

Bid Deadline: No later than 3:00 p.m. PDT on Tuesday October 16, 2018 

Bidder Qualification: All parties must provide proof of funds to close on the transaction and provide an earnest money deposit in the amount equal to 50,000 USD. Additional deposits may be required in a competitive bidding process. 

Bids Form: All bids should be submitted with an executed Asset Purchase Agreement (“APA”) with substantially the same or better terms than indicated in the attached form APA (redlined with any changes). 

All bids must indicate a proposed closing date on the sale which is no later than Wednesday October 31, 2018 unless otherwise mutually agreed between Birns & Sawyer and winning bidder. 

Qualified bids will be reviewed and assessed for the highest and best offers and may be subject to a round of competitive bidding. In a competitive bidding process, deposits totaling 20% of bid price will be required. The winning bid will be executed at the end of the bidding process. 

The above is summary of key sale terms. These, along with Bid Instructions & Terms and Conditions, comprise the Complete Terms of Sale. Please review to confirm the responsibilities you are agreeing to upon participating in this sale.