High Carat Gold Pendant, set with 8 various cut emeralds (approx. 0.80ct.t.w.), suspended on an 18k

1. Waddington's charges a buyer's premium of 25% on the hammer price up to and including
$25,000 CAD. Hammer price in excess of $25,000 CAD will be charged a buyer's premium of
22%.

Bidders buying on the Invaluable site will be charged a buyer's premium of 28% on the hammer
price up to and including $25,000 CAD. Hammer prices in excess of $25,000 CAD will be
charged at 25%.

2. Unless exempted by law, the buyer is required to pay Federal Good and Services Tax on the
total purchase price including the buyer’s premium.

3. The auctioneer reserves the right to withdraw any lot from sale at any time, to divide any lot
or to combine any two or more lots at his sole discretion, all without notice.

4. The auctioneer has the right to refuse any bid and to advance the bidding at his absolute
discretion. The auctioneer reserves the right not to accept and not to reject any bid. Without
limitation, any bid which is not commensurate with the value of the article offered, or which is
merely a nominal or fractional advance over the previous bid may not be recognized.

5. Each lot may be subject to an unpublished reserve which may be changed at any time by
agreement between the auctioneer and the consignor. The auctioneer may bid, or direct an
employee to bid, on behalf of the consignor as agreed between them. In addition, the auctioneer
may accept and submit absentee and telephone bids, to be executed by an employee of the
auctioneer, pursuant to the instructions of prospective purchasers not in attendance at the sale.

6. The highest bidder accepted by the auctioneer for any lot shall be the buyer and such buyer
shall forthwith assume full risk and responsibility for the lot and must comply with such other
Conditions of Sale as may be applicable. If any dispute should arise between bidders the
auctioneer shall have the absolute discretion to designate the buyer or, at his option, to
withdraw any disputed lot from the sale, or to re-offer it at the same or a subsequent sale. The
auctioneer’s decision in all cases shall be final.

7. Immediately after the purchase of a lot, the buyer shall pay or undertake to the satisfaction of
the auctioneer with respect to payment of the whole or any part of the purchase price requested
by the auctioneer, failing which the auctioneer in his sole discretion may cancel the sale, with or
without re-offering the item for sale.

8. The buyer shall pay for all lots within 48 hours from the date of the sale, after which a late
charge of 2% per month on the total invoice may be incurred or the auctioneer, in his sole
discretion, may cancel the sale. The buyer shall not become the owner of the lot until paid for in
full. Items must be removed within 10 days from the date of sale, after which storage charges
may be incurred.

9. Each lot purchased, unless the sale is cancelled as above, shall be held by the auctioneer at
his premises or at a public warehouse at the sole risk of the buyer until fully paid for and taken
away.

10. All lots are sold “AS IS”. Any description issued by the auctioneer of an article to be sold is
subject to variation to be posted online and/or announced via email prior to the time of sale.
While the auctioneer has endeavored not to mislead in the description issued, and the utmost
care is taken to ensure the correct cataloguing of each item, such descriptions are purely
statements of opinion and are not intended to constitute a representation to the prospective
purchasers and no warranty of the correctness of such description is made. Some lots are of an
age and/or nature which preclude their being in pristine condition and some catalogue
descriptions make reference to damage and/or restoration. The lack of such a reference does
not imply that a lot is free from defects nor does any reference to certain defects imply the
absence of others. It is the responsibility of prospective purchasers to inspect or have inspected
each lot upon which they wish to bid and to bid accordingly.

11. Payment for purchases must be by cash; INTERAC direct debit (CDN client in person only);
certified cheque (U.S. & Overseas not applicable); bank draft; E-Transfer; Wire Transfer (fee
applies); VISA or Mastercard (up to $25,000).

12. In the event of failure to pay for or remove articles within the aforementioned time limit, the
auctioneer, without limitation of the rights of the consignor and the auctioneer against the buyer,
may resell any of the articles affected, and in such case the original buyer shall be responsible
to the auctioneer and the consignor for:
(a) any deficiency in price between the re-sale amount and the amount to have been paid by
the original buyer
(b) any reasonable charge by the auctioneer for the storage of such articles until payment and
removal by the subsequent buyer and
(c) the amount of commission which the auctioneer would have earned had payment been
made in full by the original buyer.

13. It is the responsibility of the buyer to make all arrangements for insuring, packing and
removing the property purchased and any assistance by the auctioneer or his servants, agents
or contractors, in packing or removal shall be rendered as a courtesy and without any liability to
them.

14. The auctioneer acts solely as agent for the consignor and makes no representation as to
any attribute of, title to, or restriction affecting the articles consigned for sale. Without limitation,
the buyer understands that any item bought may be affected by the provisions of the Cultural
Property Export Act (Canada).

15. The auctioneer reserves the right to refuse admission to the sale or to refuse to recognize
any or all bids from any particular person or persons at any auction.