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-------------------------------------------------------------------------------- <br /> 1 <br /> MACHINERY & EOUIPMENT CO., INC., San Francisco <br /> r;.'�.C-Cc^.inert t Resources , :nc. <br /> Page :tree <br /> Our International Division will enhance the sale of <br /> equipment to sxport cusito-mess by handling all <br /> Spanish speaking inquiries, aiding in describing <br /> the equipment, and will escort foreign customers to <br /> the plant site as needed. <br /> :he projected liquidation schedule is illurtrated in <br /> Appendix I. <br /> r.LL OF THE FSCVF, *'.F_RKET:NG EXPENSES WILL RE FOR T::E <br /> ACCOUNT OF MACHINERY ;AND EQLT_PNENT COMPANY. <br /> 3 . All bookkeeping and invoicing will be handled by <br /> Machinery and Equipment Conpany and would be subject to audit <br /> by Mid-Continent or its c_editars. Machinery and Equipment <br /> Ccmpanv wi11 invoice purchasers of the equipment, and irturn, <br /> issue a ccrresponding purchase order to Mid-Continent for its <br /> share of the proceeds . Copies of our actual invoice to the <br /> customer will be provided with the purchase order to <br /> N_id-Continent. Rer..ittances to N.id-Continent would be made on <br /> a monthly basis before the lath day of the month for the <br /> proceeding inonth' s receipts to be accompanied by an accounting <br /> of such proceeds. Proceeds would be distributed from the net <br /> salss price which is interpreted as the gross selling price <br /> (excluding sales and use tix, if Lily) , Or 6xpensss necessary <br /> to dismantle, remove to place of sale, refurbish, repair, or <br /> othc_k•ise increase the value of the machine. <br /> 4 . Host equipment Till be sold on an "as is , where is" basis with <br /> the cost of loading, disrantling, etc. for the account o: the <br /> purchaser. <br /> S. machinery and Equipment Conpany will front tho nQcessa_y costs <br /> and expenses tc remove ;ron underground all conveyor, copper <br /> wire, electrical connectors and all other salvageable <br /> naterials. We will clean and paint this equipment as <br /> nscess&ry and narket the equipment. We astinate that these <br /> GOstB wi 11 LpprCY.i�..a:.e $:DD, ODD Over the 4 t0 5 weeks <br /> available for work. <br /> E . .,ased uaon the above liquidation proposal , we believe -hp_' the <br /> actual sales of the process ecru_.—,-nent and ro_-1 inn stec}; ^t t? e <br /> rLnCe fr on <br /> Y <br />