Disclaimer

ITBidAuction operates as a technology-enabled marketplace connecting buyers and sellers.

The Platform may facilitate Auctions, Reverse Auctions, Wanted Board postings, RFQs, inventory discovery, bids, offers, communications, and other marketplace activities.

Much of the information concerning companies, products, inventory, requirements, pricing, specifications, condition, quantities, locations, and other marketplace matters is provided by users.

Although ITBidAuction may implement verification, moderation, or security measures, it does not guarantee that every piece of user-provided information is complete, current, accurate, or error-free.

Users should independently verify information that is material to a transaction.

ITBidAuction may conduct account-verification procedures, but verification does not constitute a guarantee, endorsement, certification, or warranty regarding a user's financial condition, commercial reliability, product quality, performance, or future conduct.

IT assets offered through the Platform may include new, used, refurbished, surplus, excess, returned, end-of-life, or other categories of equipment.

Unless ITBidAuction expressly provides a separate written warranty, descriptions of asset condition are the responsibility of the relevant seller.

Buyers should review available information and, where appropriate, arrange inspection, testing, verification, or other due diligence before completing a purchase.

Participation in an Auction or Reverse Auction involves commercial decisions made independently by users.

ITBidAuction does not guarantee:

• that an auction will receive bids;
• that a seller will accept a particular bid;
• that a Reverse Auction will receive suitable offers;
• that the lowest-priced offer will be selected;
• that listed inventory will ultimately be sold;
• that a buyer's requirement will be fulfilled; or
• that a transaction will be successfully completed.

Wanted Board postings represent requirements submitted by users.

ITBidAuction does not guarantee that a posted requirement is commercially suitable for a particular seller, that matching inventory exists, or that responses will result in a completed transaction.

Buyers and sellers should independently verify requirements and counterparties before proceeding.

Prices, bids, offers, historical information, demand information, or other market-related data available through the Platform should not automatically be considered professional financial, investment, tax, accounting, or legal advice.

Marketplace conditions may change, and users remain responsible for their own commercial decisions.

Unless ITBidAuction expressly provides a specific payment or transaction-protection service under separate terms, buyers and sellers are responsible for agreeing upon and verifying payment methods, payment terms, invoicing, taxes, shipping, insurance, inspection, delivery, and other transaction arrangements.

International IT asset transactions may involve shipping restrictions, customs duties, taxes, import/export regulations, sanctions, environmental requirements, recycling rules, data-security requirements, and other legal obligations.

Users are responsible for identifying and complying with requirements applicable to their transactions and jurisdictions.

Used IT equipment may contain storage devices or previously stored information.

Unless specifically agreed otherwise, relevant parties are responsible for appropriate data backup, secure data erasure, sanitization, destruction, certification, and compliance with applicable data-protection or information-security requirements.

The Platform may contain links to or integrations with third-party websites or services.

Such third parties operate independently, and their services may be governed by their own terms and privacy policies.

ITBidAuction is not responsible for third-party websites, services, content, availability, or practices except to the extent required by applicable law.

While reasonable efforts may be made to maintain Platform availability, ITBidAuction does not guarantee continuous, uninterrupted, error-free, or completely secure operation.

Services may occasionally be interrupted by maintenance, technical issues, third-party failures, cybersecurity incidents, network problems, or events beyond reasonable control.

Registration with ITBidAuction does not guarantee sales, purchases, leads, responses, bids, offers, profits, business opportunities, or successful transactions.

Results depend on numerous factors outside ITBidAuction's control, including market demand, pricing, inventory, user participation, geography, product condition, and negotiations between independent parties.

To the maximum extent permitted by applicable law, ITBidAuction is not responsible for losses resulting solely from disputes or failures between independent buyers and sellers, including non-payment, non-delivery, misrepresentation by another user, differences in asset condition, shipping disputes, commercial disagreements, or unauthorized user conduct.

Nothing in this Disclaimer excludes or limits any liability that cannot legally be excluded or limited.

Every user is responsible for exercising reasonable commercial judgment and conducting appropriate due diligence before entering into any transaction.

Users should verify, as appropriate:

• the identity of the counterparty;
• company credentials;
• authority of representatives;
• ownership of inventory;
• product specifications;
• asset condition;
• quantities;
• pricing;
• payment details;
• shipping arrangements;
• applicable taxes;
• import/export requirements; and
• contractual terms.