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TAJAN-67

ESTAMPES ET LIVRES ILLUSTRÉS

Any individual who makes a bid during the sale shall be deemed

to be doing so in his/her own name ; he/she shall assume full

responsibility for his/her bid, unless he/she registered him/herself

as an agent with Tajan and stipulated that the bid was being made

for a designated third party.

In the event the seller sets a reserve price, Tajan reserves the right

to propose bids on the seller’s behalf until such time as the reserve

is met.

CURRENCY CONVERSION

Sales are carried out in euros. À 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 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 € 150000,

20 % excl. tax after € 150001 and up to € 2000000, 12 % excl.

tax for the portion above € 2000000. 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 €1000.

- In cash in euros : for individual only and non european union

resident, to an equal or lower amount of €15000. - 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 ; on this bank :

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

.

BANQUE OBC -

3, avenue Hoche, 75008 Paris, France

Code SWIFT

IBAN

NSMBFRPP FR 76 3078 8009 0001 1409 5000 159

Code banque

Code guichet

Compte

Clé

30788

00900

01140950001

59

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

10

th

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, on legitimate grounds, with the SYMEV, 15 rue

Freycinet, 75016 Paris.

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.

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 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.