Post-War & Contemporary Art | 31 October & 1 November 2018

Auctioneer: the person who, upon instructions of the Auction House, is in charge of the actual management of the auctioning by ascending price; Vendue Next Door: the trade name of Auction House for the Online Auctions Seller: the person who, as full owner or as legal representative of the full owner, charges the Auction House to sell moveable goods at Auction;

of these conditions as well as of the privacy policy of the Auction House.

2.4. The Auction House reserves the right to make changes to the General Conditions and Online Auction Conditions from time to time without prior notice. The version which is applicable to the Auction is the version which can be found on

www.venduehuis.nl and which can be consulted at the address of the Auction House prior to the Auction.

Sale price: the Hammer price, minus the Input brokerage;

2.5.

If for an auction, such as an Online Auction or a special auction, specific general conditions are declared to be applicable, these will prevail over the present General Conditions in the case of variation.

Droit de Suite fee: a percentage of the Hammer price plus Premium excluding value-added tax, owed on the basis of the Copyright Act for the sale of original works of art: a work of graphic or visual art such as images, collages, paintings, drawings, engravings, prints, lithographs, sculptures, carvings, tapestries, ceramics, glass objects and photographs, which is charged to the Buyer;

Article 3 Organisation of the Auction

3.1. The Auction House will publicise the days and times when an Auction will be held.

3.2. The Auction is held in the Venduehuis der

Goods: items to be auctioned or a number of property lots which can be auctioned in combination.

Notarissen at Nobelstraat 5 in The Hague or at another venue to be determined by the Auction House or on the website www.venduehuis.nl.

1.2. Concerning the terms in or applicable under these General Conditions the provisions of or under the General Extension of Time Act (Act of 25 July 1964 Official Gazette 314) apply mutatis mutandis.

3.3. The Auction House will publicise which itens will be auctioned in a manner to be determined by it.

3.4. Goods to be Auctioned come under the Margin scheme unless otherwise notified.

Article 2 Applicability

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Article 4 Input

2.1. These provisions are applicable to all legal acts by and legal relations between the Auction House, the Seller, the Bidder and / or Buyer, which relate to an Auction, including those concerning the bidding, the buying, the sale, the mediation, the valuation, the assessment, the viewing, the appraisals, the cataloguing, the safekeeping and the storage. 2.2. Variations of stipulations or possible General Conditions and Online Auction Conditions of Seller, Bidder and / or Buyer are only applicable if and in so far as these have been expressly accepted in writing by the Auction House, and this exclusively for the legal relation for which they were accepted. 2.3. The applicability of the General Conditions and Online Auction Conditions is notified to the visitors to auctions, Sellers, Bidders and Buyers by publication on the website of the Auction House and / or elsewhere, or by an announcement and / or making available of a copy prior to the Auction. All participants to an Auction thereby acknowledge fully acceptance of the applicability

4.1. The order to Auction between Seller and Auction House is established by the receiving of the Input by the Auction House. After this receipt the Auction House represents the Seller towards third parties. 4.2. The Auction House only accepts an Input from Seller against a Receipt. The Seller ensures that the Input is properly packaged. The Seller may not be younger than 18 and must provide a valid proof of identity.

4.3. The Seller declares that no prior deduction of valueadded tax has been applied to the Input.

4.4. The Seller and Auction House may agree a Limit (Reserve) price. 4.5. The Seller receives a confirmation which includes: — a general description of the input; — possible flaws; — the Limit (Reserve) price if applicable;

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