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100

FINE JEWELS AND OBJETS | Online Auction

101

ABSENTEE/PROXY BID FORM

FINE JEWELS AND

OBJETS

ONLINE AUCTION | 18  19 OCTOBER 2016

To enter absentee/proxy bids, please sign the completed form and email it to

auction@saffronart.com,

or fax it to

+91 22 2432 1187

.

You may also submit absentee/proxy bids online. For additional information, please refer to our ‘Frequently Asked Questions

(FAQs)’ section at the back of the catalogue or on the Saffronart website.

“I request Saffronart, without legal obligation on its part, to bid on the Lots listed below, up to the maximum price I have specified.

I agree that my Bid will be treated as an offer and is subject to the Conditions for Sale listed in the catalogue and on

saffronart.com

.

I understand that Saffronart is accepting written Bids for the convenience of clients and I will not hold it liable for failure to record my

Bid. I understand that a maximum Bid, once recorded, may not be cancelled.”

Please print clearly in capital letters. Please mention the lot number and description accurately (artist name, title). Bidders are required to

provide all invoicing details prior to the sale. The bidder as registered with Saffronart will be invoiced, and no invoices will be changed after

the sale.

Lot No.

Artist/Description

Maximum Bid Amount in USD / INR

Name:

Email:

Address:

City:

Pin/Post Code:

Country:

Tel (mobile):

Tel (office/home):

Saffronart username:

Signature

13. Symbols used in this catalogue

Lots marked with indicate that Saffronart owns

the lot in whole or in part or has an economic

interest in the lot equivalent to an ownership

interest.

Lots marked with are not situated in India and

therefore, may only be bid for and purchased in

USD. Persons residing in India, wishing to bid in

USD must be eligible under the various foreign

exchange regulations to make payments overseas.

Please contact Saffronart for further details.

GLOSSARY

1.

Affiliates

: Saffron Art Private Limited, Planet

Saffron Inc., Planet Saffron Management Co. LLC,

and their holding or subsidiary companies as on

the date of the online auction.

2.

Auction Catalogue

: The catalogue published by

Us

, whether in print, on the

MobileApp

or on the

Website

, containing details of the auction along

with the description, price and other details of

Lots

to be offered for sale at such auction. In case

of any discrepancy between the print

Auction

Catalogue

, the

MobileApp Auction Catalogue

,

the online

Auction Catalogue

and/or the

eCatalogue, the online

Auction Catalogue

, as

modified by

Us

from time to time, shall take

precedence.

3.

Buyer’s Premium

: The amount charged by

Us

from a winning bidder for services rendered by

Us

, in accordance with these conditions of sale,

in connection with the purchase of the

Lot(s)

by

the winning bidder.

4.

Lot/Lots

: An item to be offered at the online

auction, including two or more items to be

offered at the online auction as a group.

5.

Our/Us/We

:

Saffronart

Management

Corporation, acting either on its own behalf, or as

a representative of any of its

Affiliates

.

6.

MobileApp

: Mobile application developed by

Us

, providing a mobile auction platform for the

auction.

7.

Reserve Price

: The minimum price that a seller

has communicated to

Us

as being acceptable for

the sale of a

Lot

through an auction.

8.

Technical Downtime

: The time period during

which

Our

server or

Website

or

MobileApp

is

not in operation due to a malfunction.

9.

Website

:

Our

website for the purposes of the

online auction, located at the URL www.saffronart.

com.