Privacy Statement

MACHINE TOOL BIDS, LLC PRIVACY STATEMENT

Machine Tool Bids, LLC (hereinafter referred to as "Machine Tool Bids, LLC" or "we") is committed to protecting your privacy. To help you understand how we collect, use and share information about you, we encourage you to read this Privacy Statement in full. This statement applies to your use of web sites operated by Machine Tool Bids, LLC, any website on which this Privacy Statement appears, and any emails that we send to you (together the "Machine Tool Bids, LLC Sites" or the "Sites").

By using the Machine Tool Bids, LLC Sites and services, you signify your acceptance of this Privacy Statement.

This Privacy Statement describes:

What Information Machine Tool Bids, LLC Collects

How the Information is Used

Information Sharing: How and With Whom We Share Your Information

Miscellaneous Policies and Information

Contact Information

1. The Information Machine Tool Bids, LLC Collects

Machine Tool Bids, LLC gathers information from you in two ways: (1) information you provide during voluntary registration, (2) information passively collected from your device and through technologies such as cookies, web beacons, and similar technologies.

Information You Provide. When you register with Machine Tool Bids, LLC and/or wish to use the Machine Tool Bids, LLC Sites, we may ask for certain personal information, such as your name, address, and email address. Other specific services may have additional registration requirements and so may require you to provide additional information. These include payment or shipping information or other contact information.

Information Collected Automatically. We also collect information about you, your browser or your device using automated means such as cookies, web server logs, web beacons and JavaScript. Those technologies and the data they collect include the following:

Your device and connection. When you register for an account, fill out a web form, participate in chats, or when you otherwise correspond with us regarding our Services, we collect the information provided by the computer or mobile device you use to access the Sites. This information includes device type, operating system, browser, domain, referral URL and IP address (which may indicate your general location).

Cookies. Cookies are small files that websites and other servers send to your computer or mobile device to identify your browser or to store information on your device. Machine Tool Bids and our 3rd party service providers use cookies to provide personalization, speed up site functions, and remember your preferences. You can choose what kind of cookies (if any) to accept by changing the settings of your browser. Please note that without cookies you may not be able to use all of the features of our Sites.

Web beacons, unique identifiers, and similar technologies. In conjunction with cookies, we use server logs, web beacons, unique IDs, Java Script and similar technologies to collect information about the pages you view, the links you click, and other actions you take on our Sites or in e-mails. You are free to block, delete, or disable these technologies if your device allows this, but you may not be able to use certain features of the site.

2. How the Information is used

Machine Tool Bids, LLC uses your personal information to identify you as a customer, to set up and administer your account, to take, process, and deliver your bids for Equipment, to process or obtain payment of your orders, and to provide you with effective customer service and/or technical support. More specifically, we may use your information to:

Process, evaluate, and respond to your purchases and inquiries.

Create, administer, and communicate with you about your accounts, including by email.

Contact you with marketing communications online and offline (including co-marketed and co-branded communications)

Display relevant advertising across the Internet for Machine Tool Bids, LLC, our co-marketing or co-branding partners or other third parties (such as third parties that wish to display ads or other content on our Sites).

Verify your identity and track how you use our Sites.

Operate, evaluate, and improve our business (including developing new products and services; manage and improve our communications; analyze, improve and customize products and services; administer the Machine Tool Bids, LLC Sites; and perform accounting, auditing, billing, reconciliation, and collection activities).

Protect against and prevent fraud, unauthorized transactions, claims and other liabilities, and manage risk exposure.

Comply with and enforce applicable legal requirements, industry standards and our policies and terms, such as our Terms of Use.

E-mail. If you register with the Machine Tool Bids, LLC Sites, from time to time, we may email you about our products and services or third party products and services we believe may be of interest to you. If you do not want to receive these types of emails please let Machine Tool Bids, LLC know by email to info@machinetoolbids.com. Machine Tool Bids, LLC also provides opt-out information in all marketing communications via an "unsubscribe" link in marketing emails. Please note that it may take us some time to process your requests, consistent with applicable law. You do not have the ability to opt-out of non-marketing communications, such as emails relating to transactions, bids, payments or policy changes.

Web Analytics. We sometimes use third-party Web analytics services on the Machine Tool Bids, LLC Sites, including Google Analytics. These service providers use cookies and other technology (as described in the "Information Collected Automatically" section) to help us analyze how users use the Sites. The information collected by such technology (including your IP address, which may indicate your general location) will be disclosed to these service providers. Learn about Google Analytics and its opt-out choices here.

3. Information Sharing: How and With Whom We Share the Information

Sharing With Affiliates. We may share any of the Information with affiliated companies under common ownership or control. We share information with our affiliates so that they may provide you with information regarding products and services that may be of use to you, and for any other use set forth in this Privacy Statement. If we choose to share Information in this fashion, we will require our affiliates to honor this Privacy Statement.

Sharing With Nonaffiliated Third Parties and Partners. We may share any of the Information with our partners, such as dealers or original equipment manufacturers, with whom we offer co-branded, joint, or customized products or services. This information may include your contact information and information about your purchases. To opt out of sharing with non-affiliated 3rd parties, please email us at info@machinetoolbids.com.

Sharing With Service Providers. We share personal information we collect on our Sites with our service providers. These may include third parties that provide services to us regarding email marketing, market research, data analytics and data enhancement, customer service, site operations and hosting, systems management, accounting, auditing, billing, and collection activities. We also share information with logistics service providers including rigging and freight companies, importers, technicians, or other parties whose services, products, or information are necessary to complete the transaction between you and Machine Tool Bids, LLC.

Sharing of Aggregated or Anonymized Data. We may share aggregated, anonymized or de-identified personal information with any third party, without any restriction, including through the use of cookies and other automated technologies.

Sharing As Required by Law and at Our Discretion. Subject to applicable law, we may disclose information about you: (i) if we are required to do so by law, regulation or legal process, such as a subpoena; (ii) when we believe disclosure would be appropriate in response to requests by government or law enforcement authorities; (iii) when we believe disclosure is necessary or appropriate to prevent physical, financial or other harm, injury or loss to ourselves or any person (including any potential violation of the law or our terms or policies); (iv) in connection with an investigation of suspected or actual unlawful activity; or (v) for fraud detection and prevention.

Sharing Upon Corporate Events or Changes. We also will transfer personal information we have about you in the event we sell or transfer all or a portion of our business or assets (such as in connection with a merger, acquisition, reorganization, dissolution or liquidation).

Third Party and Social Media Plug-Ins. Third parties may collect information about your online activities over time and across different websites when you use Machine Tool Bids, LLC Sites. For example, we enable social network plug-ins, which collect personal information directly from you if you choose to use the plug-in. Information collected by 3rd party providers in this way is subject to the provider's privacy policy.

4. Miscellaneous Policies and Information

Your Rights to Access and Review of the Information that We Hold About You.

All registered users may review and correct the information on their account including contact information and marketing preferences by visiting the My Account page.

Notice to Residents of California:

California law permits users who are California residents to request and obtain from Machine Tool Bids, LLC once a year, free of charge, a list of the third parties to whom Machine Tool Bids, LLC has disclosed their personal information (if any) for their direct marketing purposes in the prior calendar year, as well as the type of personal information disclosed to those parties. If you are a California resident and would like to request this information, please submit your request in an email to info@machietoolbids.com.

Notice to EU Citizens:

If you are a citizen of the European Union, you may have a right to access personal information held by Machine Tool Bids, LLC which relates to you. You may do this by contacting Machine Tool Bids, LLC at info@machietoolbids.com.

Do Not Track Policy

We are committed to providing you with meaningful choices about the information collected on our Sites for third party purposes. However, we do not recognize or respond to browser-initiated Do Not Track signals, as the Internet industry is currently still working on Do Not Track standards, implementations and solutions.

Security of Information

We take our responsibilities seriously and employ what we believe to be appropriate physical, technical, and managerial measures to protect your personal and financial information from unauthorized access. Although Machine Tool Bids, LLC uses reasonable efforts to safeguard the privacy of your personal information, transmissions made by means of the Internet cannot ever be made absolutely secure.

Please remember that you are solely responsible for maintaining the secrecy of any password you use to register and you should always be careful and responsible whenever disclosing information online.

Notice to Non-U.S. Users

Our computer systems are currently based in the United States, so your personal data will be processed by us in the United States where data protection and privacy regulations may not offer the same level of protection as in other parts of the world, such as in the European Union. If you create an Account with the Machine Tool Bids, LLC Sites as a visitor from outside the United States, by using the Machine Tool Bids, LLC Sites, you agree to this Privacy Statement and you consent to the transfer of all such information to the United States, and to the processing of that information as described in this Privacy Statement.

Changes to this Policy

We reserve the right to modify this Privacy Statement at any time. Registered users will be notified via email if we modify this Privacy Statement, and the updated statement will be posted online. After an updated statement is posted, your continued use of any portion of the Machine Tool Bids, LLC Sites will constitute your acceptance of the new Privacy Statement.

5. Contact Information

If you have questions or concerns about this Privacy Statement, please send an e-mail to info@machietoolbids.com.