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Auction Agreement for Los Rodriguez Collection

Payment and Shipping Requirements for Los Rodriguez Collection No 1 (Bolivia) 2022 and ACE Internet Auction

Los Rodriguez Collection No1 (Bolivia) 2022 Internet Auction is sponsor by The Alliance for
Coffee Excellence, Inc. (ACE) and Agricafe. If assistance is required immediately following the
auction please contact: Darrin Daniel darrin@cupofexcellence.org Kathia Lopez
kathia@cupofexcellence.org

Acceptance of Terms and Conditions
Your participation in this auction indicates your review and agreement to the following terms.
Should you purchase any Los Rodriguez Collection No1 (Bolivia) 2022 Coffee lots at this
auction you agree to the terms and conditions of purchase and shipping included in this
agreement. Bidders should assess the value of each coffee based on quality in the cup and its
appropriateness for their company. Farm information is for educational purposes only but
can be used to help sell the winning coffees. Bidders should assess the value of each coffee
based on quality in the cup and its appropriateness for their company. Farm information is
for educational purposes only but can be used to help sell the winning coffees.

Auction Opening Date and Times
Auction will be open for bidding on January 19th , at 9:00AM (New York) Your opening time
may vary, please check based on 9:00am EDT (New York) The Auction will be open for bidding
at
• 06:00 (Los Angeles)
• 09:00 (New York)
• 14:00 (London)
• 15:00 (UTC Oslo/Amsterdam)
• 17:00 (Moscow)
• 18:00 (Dubai)
• 22:00 (Hong Kong)
• 23:00 (Tokyo/Seoul)
• 01:00 (Melbourne/Sydney) January 20th

Coffee Lots
The coffees selected for Los Rodriguez Collection No1 (Bolivia) 2022 auction were sourced
from a total of 128 submissions lots from Agricafe from Bolivia. The 24 auction coffees were
cupped by an international jury of 10 cuppers from 8 countries.

Pricing for the lots are figured in USD dollars and cents per pound(lb.). A starting bid of $10.00
USD per pound (lb) for the geisha categories $30.00 USD per pound (lb) for the lowest scoring
lots and increasing to $0.25 USD per pound (lb) for highest scoring lots has been set by Los
Rodriguez Collection No1 (Bolivia) 2022 representatives from Agricafe. All opening bids on all
lots must be at the starting price for the lot or at least $10.00 for Exotics and Geishas at least
$30.00 USD higher than the opening price per pound (lb) for the lot. Incremental bids must
be at $0.25 USD per pound or greater

Bidding, Opening and Closing
Lots will open on a sliding scale biased on international jury scores awarded to the coffees.
The bidding page will indicate “OPEN” until all lots have at least one bid after which a 3-minute
countdown clock will begin. A bidder may place multiple or single bids on any or all lots during
the open auction or during the 3-minute countdown clock. Each bid on any lot resets the clock
to 3 minutes. A clock on the bidding page will indicate the time remaining for the auction.
Once there are no more bids on any lot during the 3-minute time window the auction and all
lots will close for bidding. A PENDING notification does not end the auction even though
bidding may cease. No bid is final until the FINISHED notification appears. Once the auction
software indicates FINISHED the highest bid wins the lot and all lots are closed for any
additional bidding. At the conclusion of the auction, the buyer for the lot and the person
responsible for payment and for shipping coordination will be the bidder placing the highest
bid or auto bid for that lot. Should there be two identical auto bids the first auto bid placed
wins the lot.

Proxy and Auto Bids
An auto-bid or proxy feature is available to any bidder wishing to allow the software to place
their next highest bid. A bidder can place a high bid on any coffee lot using the auto-bid
function. The software will then place a fifty cent higher bid above a competitive bid until the
auto bid price is reached. The software will not place any higher auto-bid amount unless there
is a competitive bid for that lot. Each Bidder will be able to view the current high bid for a Lot
at any time during the Auction. Individual bids once accepted by the auction software, may
not be revoked or withdrawn. However, you may cancel an auto-bid to prevent the system
from placing further bids on your behalf.

Communication During and After Auction
Each Bidder will log in using his/her confidential password. All bids will be identified during
the auction with a bidding number not a company name. During the auction the software will
communicate any outbids, any auction issues, notifications or final successful bids using the
email address registered for that bidder. It is the bidder’s responsibility to ensure that the
registered email is correct. Contact Mcultivo and ACE staff for verification if uncertain.
Packing Information

Los Rodriguez Collection No1 (Bolivia) 2022 Coffee lots are vacuum packed in 20kg bricks and
coffees will be shipped in boxes. The number of 20kg boxes as well as the weight in pounds
will be shown. A broken seal on any vacuum package does not automatically warrant a claim
or indicate a quality change.

Financial Responsibility for Payment
The individual bidder placing the highest bid at the close of the auction is responsible for the
financial payment to the exporter of the entire lot. The exporter may at their discretion
approve multiple payments and multiple shipping instructions for a single lot the successful
bidder must request the approval and submit all the shipping instructions within 7 days of the
auction for the exporter to review and approve. If the exporter or the country partner denies
the request for any reason the bidder will be held liable for the entire payment regardless of
group purchase. If a lot is split and sent to more than one destination the buyer will be
responsible for any additional costs associated with that export.

It is required that the lead bidder in the auction collaborate with the exporter facilitating
communication and expediting the payment process if any setbacks are encountered
regarding payment or complications in communicating with other buyers from the group.
Payment Requirements

Full payment of the lot(s) and the packaging fee(s) is required prior to shipment unless other
requests are made in writing and approved in advance.

Full payment is due within 30 (thirty) days after the close of the auction regardless of ship
date or method. If payment is not made after 30 days, the exporter will have the right to
nullify the sale agreement.

ALL PAYMENTS WILL BE MADE TO:
Company: AGRICAFE SA
Address: AV LA PAZ #1000 – LA PAZ
Contact Name: DANIELA RODRIGUEZ
Contact Number: +59175851775
Contact Email: daniela@agricafe.com.bo
Bank Account Information
US DOLLAR (USD) ACCOUNT: 6000002133
ACCOUNT NAME: PRODUCTORA Y COMERCIALIZADORA DE CAFE AGRICAFE S.A.
BENEFICIARY ACCOUNT NUMBER: 6000002133
BANK: BANCO DE CREDITO DEL PERU – MIAMI AGENCY
ADDRESS: 121 Alhambra Plaza, Suite 1200 Coral Gables, FL 33134
IBAN: 06701535
SWIFT: BCPLUS33
INTERMEDARY BANK: STANDARD CHARTERED BANK-NEW YORK CODE SWIFT :
SCBLUS33
A.B.A.:026002561
ADDRESS: One Madison Avenue, New York, N.Y. 10010. NEW YORK - U.S.A.

Shipping Requirements
Shipping instructions are to be sent Los Rodriguez Collection No1 (Bolivia) 2022 within 7
(seven) days of the close of the auction by the successful bidder or the bidder’s designated
importer. Bidders can nominate any importer.

All lots must be shipped within 60 days of the auction, given the exporting company has
received all the needed paperwork to do so. No claim may be made to the exporter, farmer,
Alliance for Coffee Excellence, or Agricafe Coffee on any lot 60 days after the auction.
Los Rodriguez Collection No1 (Bolivia) 2022 lots are shipped FOB La paz, net weight and
applicable fees from Bolivia via courier, air freight or sea freight. The shipping cost and any
applicable fees will be charged to the bidder. Lots will be shipped as per the instructions and
at the cost of the successful bidder. Any changes that result in extra fees will be paid by the
buyer.

THE EXPORTER
Los Rodriguez Collection No1 (Bolivia) 2022 nominated exporter is:
Company: AGRICAFE SA
Address: AV LA PAZ # 1000 – LA PAZ
Contact Name: DANIELA RODRIGUEZ
Contact Number: +59175851775
Email: daniela@agricafe.com.bo, export@agricafe.com.bo
Copy to: Darrin Daniel darrin@cupofexcellence.org, Kathia Lopez
kathia@cupofexcellence.org
All buyers must contact the exporter, coordinators and ACE within 7 days of the close of
the auction.

Modification of this Agreement
The Management of the ACE program have the right to modify this Agreement and any
policies affecting the website. Any modification is effective immediately upon posting to the
website or distribution via electronic mail. Your continued use of the auction or website
following the notice of any modification shall be deemed your acceptance of the
modification(s)

Indemnification, Claims and Disclaimer
Use of this internet auction and ACE website is at the bidder’s own risk. Bidders agrees not to
hold the Alliance for Coffee Excellence, Agricafe, the provider of software, internet services
or telecommunications companies for any consequential, incidental and/or liquidated
damages if any that may result from or is claimed to result from, the bidder’s participation in
the auction. The winning coffees have been ranked and scored in blind cuppings. The winning
farm and the specific coffee lot information is submitted by each farmer and is not known to
the public until the winning coffees have been disclosed following the completion of cuppings
held by the chosen panel. ACE assumes the farm information is correct and up to date but is
not responsible should some information change before or after the auction. Bidders should
assess the value of each coffee based on quality in the cup and its appropriateness for their
company. Farm information is for educational purposes only but can be used to help sell the
winning coffees. All quality claims must be made within 15 days of delivery as per the Green
Coffee Association of NYC ruling but no claim can be made on any coffees shipped more than
45 days after the close of the auction. Should a claim arise, a neutral arbitration panel will be
assembled to assess the claim. Bidding at this auction represents a contract to purchase the
coffee. Should a Buyer default on payment legal remedies will be undertaken.

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