TERMS & CONDITIONS

Only qualified bidders will be permitted to bid at the sale. Any party interested in becoming a qualified bidder must deposit $50,000.00 with the auctioneer by wire or certified check at least 24 hours prior to the sale, as well as comply with the additional terms and conditions of the sale that are available at www.pesco.com, or by contacting the Secured Party's counsel at arheaume@riemerlaw.com. As set forth in the terms of sale, information concerning the Debtor and the assets to be sold will be made available to interested parties upon the Secured Party's receipt of a signed non-disclosure agreement in the form provided on the auctioneer's website (www.pesco.com). Alexander G. Rheaume, Esquire, Atty for the Secured Party, Riemer & Braunstein LLP, New York, NY.