6-25-2022 Collector Motor Series - Dean Collector Cars

Barber Vintage Motorsports Museum Saturday, June 25th | 10am Birmingham, Alabama 2022 Collector Motor Series Auction

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www.hendersonmotorseries.com

March 30th, 2022

Dean Classic Cars, LLC & Investar Bank, NA

Proposal for Auction of Classic Car Collection

Per our recent discussions, please find the following terms for the consignment of the Dean Collection to our Collector Motor Series Auction to be held June 25th at the Barber Vintage Motorsports Museum in Birmingham, Alabama: • Henderson Auctions will arrange all transportation and storage of the collection prior to the auction. • We will extensively market the collection nationally and internationally. • We will prepare the collection for auction in order to maximize the sale value but will only make repairs that are agreed to by the seller. • We will auction the collection absolute, without reserve to the highest bidder. • We will charge a seller’s commission of 3% of the hammer price. This is half of our normal commission. The rest of our costs will be covered by the Buyer’s Premium that we charge to all buyers for all lots. On the next page of our proposal, you will find some advertising benchmark dates that are important. We want you to be pleased with the results of the auction. In order to do our best work, we have to meet these deadlines. Most importantly, we cannot begin to work for the best outcome without a signed Auction Agreement. We have shared an example of that agreement in our previous correspondence. Should you need another copy, let us know. As always, please call me personally should you have any questions or concerns. Thank you for your kind consideration of our proposal. We look forward to working with you.

Kindest Regards,

Lawrence Green, CEO

LOUISIANA AUCTIONEERS ASSN., INC.

65

LAA

Proposal for Dean Classic Cars, LLC. and Investar Bank, N.A.

Tuesday, April 12th | Signed contract deadline to meet the following benchmarks:

April 13th - June 25th | Extensive global marketing campaign utilizing trade publications, extensive customer base marketing, event marketing, geo-targeting and cutting edge digital marketing.

April 18th - April 29th | Professional photography using Barber Vintage Museum facility, and grounds.

April 18th - June 25th | Website listings with professional photography, videos and cataloguing writers showcasing your car with an artist’s eye.

April 29th - May 1st | Honda Indy Grand Prix of Alabama advertising, vehicle display booth, and giveaways.

May 21st | Barber Historics Event advertising, vehicle display booth, and giveaways.

Date TBD | Cars & Coffee preview event. June 25th | Collector Motor Series Auction event.

www.HendersonMotorSeries.com

Henderson Auctions Collector Motor Series Auction at the Barber Vintage Motorsports Museum | Birmingham, Alabama | Saturday, June 25th | 10am CT

Why sell with Henderson Auctions? Henderson Auction’s 65 years of successful auction experience combined with a personal connection to each of our consignors and buyers makes us the obvious choice. Our reputation for providing you with the best customer service in the auction industry is widely known. From the moment you select Henderson Auctions to consign your car or collection, we will deliver personal service that facilitates a successful sale. Our experienced marketing department will promote your vehicle to a global network of passionate buyers, our client services group will guide you through the logistics of a sale, and our spectacular venues might just leave you with an experience of a lifetime. When can you sell your vehicle? The 2022 Henderson Collector Motor Series Auction will be held at the Barber Vintage Motorsports Museum Saturday, June 25th, 2022. The Barber Museum and racing facilities have welcomed millions of hardcore vintage car and motorcycle enthusiasts from around the world making this venue the perfect backdrop to showcase your vehicles. Seller’s Agreement Before you sell your collector car with Henderson Auctions, whether through a live auction or online auction, you must sign an exclusive consignment agreement. The agreement contains our terms and fees for the auction. Shipping and Storage Arrangements Once we have received a seller’s agreement, we will contact you to discuss the transportation of the car to our auction storage facility. Additionally, housing all the vehicles in one accessible setting provides us a unique ability to offer on-site inspections for interested buyers. Catalogue Description, Photography and Videography When your car or item arrives at our facility, it will be professionally handled and photographed, and a description will be researched and written, so that it can be marketed in advance of the sale. Our photographers, writers, and researchers are among the best in the business with cataloguing writers showcasing your car with an artist’s eye. After the Auction After a successful sale, you will be notified of the final bid price for your consignment. Once payment is received, we will release the car as well as send the vehicle’s document binder, title, and any accompanying items to the winning bidder. If a buyer was not found, you will be able to speak with a specialist to discuss possible post-auction sales or additional marketing efforts. Approximately 15 days after each auction, Henderson Auctions will settle payment for sales, by providing consignors with a settlement statement itemizing all charges.

www.HendersonMotorSeries.com