Exclusion of Antisocial Force

1. Exclusion of antisocial force

1-1. Seller and/or buyer must acknowledge the followings and no violation of the followings will happen.

i) A seller and/or a buyer are not; a violent group, a member of violent group, a former member of violent group within last 5 year, a sub-member of violent group, corporate related to violent group, a corporate extortionist, a political racketeering organization, terrorists of specialized intelligence (the “Antisocial Force”) and/or a person or group which are recognized as above.

ii) A seller and/or a buyer are not; an executive (the “Executive” includes an executive member, director and/or another personal recognized as above), a practical director, a shareholder, a deputation or intermediary of this contract and others belong to Antisocial Force.

iii) The contract is signed on seller's and/or buyer's willing and not forced by or involved any Antisocial Force.

iv) An Antisocial Force will not be involved to implement the contract and/or accomplish object of a seller and/or a buyer or the Antisocial Force.

v) A seller and/or a buyer, an Executive, a practical director, and/or shareholder is not related to an Antisocial Force or a person/group recognized as Antisocial Force in society by offering them funds and/or physical/unphysical benefit.

1-2. New Art Est-Ouest Auctions obtains right to cancel the agreement or terminate without notice in case a seller and/or a buyer have the one of or more than one of followings. New Art Est-Ouest Auctions shall not be liable for any losses caused.

i) a seller and/or a buyer’s action is against provision no 1-1.

ii) a seller and/or a buyer’s action are taken by violence or illegal mean.

iii) a seller and/or a buyer’s action includes assault, threats and/or violence when dealing

iv) a seller and/or a buyer spreads false information to public and slander the New Art Est-Ouest Auctions result in interference of business operations.

v) a seller and/or a buyer take action(s) recognized as above.

November 2022
New Art Est-Ouest Auctions Co., Ltd.