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Before Registering to Use This Website Please read this agreement as it governs these activities. Registering for any of the Industrial Exchange Group of Websites registers the user to utilize any of the websites included in the group and governs the activities of each of these websites.

User’s Agreement For Industrial Exchange Group of Websites

1.Industrial Exchange Corporation operates a group of “Industry-Specific Websites” as well as a group of “General Industrial Websites”. Users of websites in either group may include sellers as well as buyers. Users may browse either group of websites without registering. Becoming a “Registered User” allows a customer more options including receiving quotes and alerts from the “Industry Specific Websites” or using our direct e-mail queries to sellers via the “General Industrial Websites”.

2.The “Industry-Specific Websites” are designed to offer equipment that is for sale by others. Industrial Exchange requires registered sellers of this equipment to be approved (see item #8) and to sign a “Sellers Agreement” specifying that a commission (as calculated on the schedule listed in the Sellers Agreement) will be paid to Industrial Exchange Corporation based on sales that are directly generated from listings on these websites. The seller may prefer to specify that the customer will be required to pay a buyer’s premium directly to Industrial Exchange Corporation in lieu of a commission. In either case, the price quoted to the buyer will include this commission or buyers premium and the buyer will not be charged more than the quoted price.

3.The “General Industrial Websites” are designed as a service to Buyers and Sellers. Registered Users of the General Industrial Websites may use our direct e-mail queries to the sellers of general industrial equipment. Buyers or Sellers on the general Industrial Websites pay no fees or commission and there is no buyer’s premium. Sellers must be approved (see item #8) and must agree to this “User’s Agreement” indicating that the information they provide to buyers is to the best of their knowledge correct, that all buyers will be treated with respect and that they will follow best business practice in dealing with customers from this forum. Sellers on the General Industrial Websites agree to place a link on their own website which lists all of the Industry-Specific Websites and agree that this link will be maintained.

4. The registered user acknowledges and agrees that Industrial Exchange Corporation provides information on its websites that is provided by others and can only be confirmed by direct inspection or use of the equipment. Industrial Exchange Corporation does not sell or take title to any equipment offered or sold on its websites and does not recommend or endorse the accuracy or reliability of any listing, information, or content distributed through its websites. Registered users acknowledge and agree that condition of any equipment, suitability of any equipment for any specific use or operator requirements of any specific equipment will be confirmed by each user and are not the responsibility of Industrial Exchange Corporation.

5. Registered user as Buyer or Seller acknowledges and agrees that no joint venture, partnership, or agency relationship exists between themselves or their company with Industrial Exchange Corporation. Both acknowledge and agree that Industrial Exchange Corporation assumes no responsibility or liability for any claims that may result directly or indirectly from buyer/seller interaction. The registered user hereby releases Industrial Exchange Corporation, its employees, agents, officers, directors and affiliates from any and all claims or actions related to or arising out of a dispute between you and any other user, equipment manufacturer or rebuilder of equipment listed on any Industrial Exchange Website.

6. Registered user as Buyer or seller acknowledges and agrees that Industrial Exchange Corporation is not responsible for any taxes, dismantling cost, rebuilding cost or shipping cost associated with any sale.

7. Registration to Industrial Exchange Websites is via secure site and transmissions are encrypted during the transmission process. Use of personal information received in this process is governed by our Privacy Policy. Registered user as buyer or seller acknowledges and agrees that their information may be conveyed to the other party in order to facilitate a sale.

8. Sellers on the GIW or ISW are approved or disapproved at the sole discretion of Industrial Exchange Corporation (IEC) using information that may include: declaration or evidence that the seller has the right to sell or advertise certain equipment and conducts business in a manner that is consistent with the rights or best interest of IEC and/or its registered users.