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TAJAN - 67

AUTOGRAPHES ET MANUSCRITS - LIVRES ANCIENS ET MODERNES

CURRENCY CONVERSION

Sales are carried out in euros. A currency conversion panel will be displayed

at certain auctions. The currency rates shown are provided for information

purposes only. Tajan shall under no circumstances be held liable for any errors

that occur in the conversion of currencies. Information provided in euros by

the accredited auctioneer alone shall be valid.

AMOUNTS PAYABLE BY

THE BUYER

The buyer must pay Tajan, in addition to the “hammer price”, commission of

25% excl. tax of the sale price on the first

60 000, 20 % excl. tax after

60 001 and up to

1 200 000, 12 % excl. tax for the portion above

1 200 000. In addition, VAT shall be charged at the rate of 20% (5.5% for books).

Items originating from a country outside the European Union shall be marked

with the symbol ƒ and ƒƒ.

ƒ : In addition to the regular buyer’s premium, a commission of 5.5 % (i.e.,

6.6 % inclusive of VAT) will be charged to the buyer.

ƒƒ : In addition to the regular buyer’s premium, a commission of 20 % (i.e.24 %

incl. VAT) will be charged to the buyer.

These additional costs may, in certain cases, be reimbursed to the buyer. For more

information, please contact our payment department on +33 1 53 30 30 33.

PAYMENT

Payment must be made immediately after the sale.

If the successful bidder did not register before the sale, he/she must provide

proof of identity and bank references.

Payments may be made by one of the following methods :

- Bank transfer in euros,

- Visa card or Master Card (subject to the presentation of valid proof of

identity).

- In cash in euros : for individual european union resident, and for all

professionals, to an equal or lower amount of

1 000.

- In cash in euros: for individual only and non european union resident, to an

equal or lower amount of

15 000. - Certified banker’s draft in euros subject

to the presentation of valid proof of identity.

Cheques drawn on a foreign bank will not be accepted.

Cheques and bank transfers must be denominated in euros and made out

to the order of TAJAN SA ; you have the choice to pay on either banks :

Tajan’s payment department is open every working day from 9:00 AM to

12:30 PM and from 2:00 PM to 5:30 PM.

T. +33 1 53 30 30 33, or +33 1 53 30 30 27.

Buyers may only take possession of items sold after Tajan has received full

payment of the sale price and the related commission and costs.

As soon as an item is pronounced “sold”, it shall be placed under the

soleresponsibility of the buyer.

It shall be the buyer’s responsibility to insure the item purchased immediately.

NON-PAYMENT

In accordance with Article 14 of French Act no. 2000-642 of July 10th 2000,

if the successful bidder fails to pay for an item after the issuance of a formal

demand that remains without effect, the item shall be re-auctioned at the

seller’s request. If the price of the new bid is lower than the original false

bidder’s price, the false bidder shall pay the difference. If the seller does not

make such a request within three months of the auction, the sale shall be

cancelled by operation of law, without prejudice to the damages payable by

the false bidder.

TAJAN adhere to the “Registre central de prévention des impayés des

Commissaires priseurs” to which payment incidents may be reported.

Debtors may exercise their rights of access, rectification and opposition.

Tajan reserves the right to claim the following from the false bidder :

- interest at the statutory rate,

- the reimbursement of the additional costs incurred by reason of his/her

default,

- payment of the sale price or :

- the difference between this price and the resale price if the latter is lower,

as well as the costs incurred in relation with the re-auction.

- the difference between this price and the original false bidder’s price if the

latter is lower, as well as the costs incurred by the re-auction.

Tajan also reserves the right to offset any amounts which the false bidder

owes to it.

Tajan reserves the right to ban any bidder who fails to comply with its general

terms and conditions of sale from attending any future auction.

FRENCH STATE’S RIGHT OF PRE-EMPTION

The French State has a right of pre-emption in respect of certain works of art

offered at auction. If the State wishes to exercise this right in respect of a

sale, it must express its intention to do so within 15 days of the sale. In this

case, the State shall be substituted for the last highest bidder.

IMPORT AND EXPORT

The import and export of goods may be subject to authorisation (export

certificates, customs authorisations). It is the buyer’s responsibility to check

which authorisations are required.

COLLECTION OF ITEMS PURCHASED

The buyer may not take receipt of any lot until such time as he/she has paid

all amounts due in full delivery of the goods.

In the event of a payment by cheque or bank transfer, delivery of the goods

may be deferred until such time as the payment has cleared.

In this case, storage costs shall be borne by the buyer and Tajan shall incur

no liability whatsoever in this respect.

COLLECTION OF UNSOLD ITEMS

The seller must collect any unsold items as soon as possible and in any case

within 14 days of the auction.

If the unsold items are not collected, the cost of storage shall be paid by the

seller at the usual rate applicable in such matters.

Tajan shall not be bound by any warranty vis-à-vis the seller in respect of such

storage.

SWIFT Code

BANQUE HSBC

- Saint Augustin, 75008 Paris, France

IBAN

CCFRFRPP

Bank code

30056

Sort code

00924

Account

0924 0013758

Key

56

FR 76 3005 6009 2409 2400 1375 856

SWIFT Code

BANQUE OBC

- 3, avenue Hoche, 75008 Paris, France

IBAN

NSMBFRPP

Bank code

30788

Sort code

00900

Account

01140950001

Key

59

FR 76 3078 8009 00011409 5000 159