Created on May 20th, 2009

IMPORTANT - READ CAREFULLY
BY COMPLETING THE ELECTRONIC ACCEPTANCE PROCESS AND CLICKING THE ACCEPTANCE BUTTON, YOU REPRESENT AND WARRANT THAT YOU:

(i) ARE 18 YEARS OF AGE OR OLDER;

This Online Subscription Agreement (this "Agreement") is a legal and binding instrument entered into as of the date of electronic acceptance by Customer (the "Effective Date"), by and between the Watch Certification Services of America, Inc. listed in Section 10 ("Watch Certification Services of America, Inc."), and "Customer," the individual or entity entering into this Agreement. Watch Certification Services of America, Inc. reserves the right to amend this Agreement from time to time without notice to Customer. The most current version of this Agreement can be reviewed by clicking on the "Terms of Service" hypertext link located at the bottom of Watch Certification Services of America, Inc. Online Web pages.

1. Description of Services. Watch Certification Services of America, Inc. allows access to products including Rolex Authenticator Pro® Watch Values®, Rolex Retail Prices®, Known Counterfeits®, Counterfeit Busters® and Investors Corner® services (individually and collectively referred to as the "Services"), as more fully described in subsections (a) through (e) immediately below. The selection(s) made and submitted by Customer during the registration process will identify the specific Service(s) subscribed to by Customer hereunder and the number of Named Authorized User(s) for myEach Service, all of which shall be listed on Customer's "My Account" page within the Watch Certification Services of America, Inc. Web site. "Named Authorized Users" shall mean (i) Rolex Authenticator Pro® Watch Values®, Rolex Retail Prices®, Known Counterfeits®, Counterfeit Busters® and Investors Corner® Customer-designated individuals (i.e., employees, contractors, consultants, etc.) who may access the Services in accordance with this Agreement, and (ii) for the Watch Certification Services of America, Inc., the Customer-designated host PCs which may be accessed by authorized individuals (i.e., employees, contractors, consultants, etc.) in accordance with this Agreement. The following describes the Services currently offered by Watch Certification Services of America, Inc.:

a. Rolex Authenticator Pro. By subscribing to the Rolex Authenticator Pro Service, Customer may access and use the Rolex Authenticator Pro application for the sole purpose of enabling a Named Authorized User to gain access to information, tools, tips, suggestions and known characteristics used to identify genuine Rolex watches.

b. Counterfeit Busters. By subscribing to the Counterfeit Busters Service, Customer may access and use the Counterfeit Busters application for the sole purpose of enabling Named Authorized Users to provide access to information, tools, tips, suggestions, known characteristics and known counterfeit watches that have already been identified as such.

c. Watch Values. By subscribing to the Watch Certification Services of America, Inc.'s service, Customer may access and use the Watch Value online price list for the sole purpose of verifying current market pricing. Named Authorized Users are the only persons allowed access to and usage of this information.

d. Rolex Retail Prices. By subscribing to the Watch Certification Services of America, Inc.'s service, Customer may access and use the Rolex Retail Prices application for the sole purpose of verifying current pricing. Named Authorized Users are the only persons allowed access to and usage of this information.

e. Investors Corner. By subscribing to the Watch Certification Services of America, Inc.'s service, Customer may access and use the Investors Corner application for the sole purpose of enabling authorized individuals access to trends in watch prices.

2. Online Registration. To subscribe to Services via the Watch Certification Services of America, Inc. Web site, Customer must complete the online registration process, including Customer's electronic acceptance of this Agreement, and Watch Certification Services of America, Inc. must then accept such online registration. Watch Certification Services of America, Inc. may reject an online registration by a potential Customer in its sole discretion and is not obligated to provide a reason for its rejection. In the event a potential Customer's online registration is rejected by Watch Certification Services of America, Inc., such potential Customer may submit a new online registration for re-evaluation by Watch Certification Services of America, Inc.

a. Registration Data. As part of the online registration process, Watch Certification Services of America, Inc. will collect certain limited information about Customer ("Registration Data"). All Registration Data provided by or on behalf of Customer must be current, complete and accurate, and Customer is solely responsible for updating such Registration Data as necessary. Watch Certification Services of America, Inc. reserves the right to terminate this Agreement immediately in the event any Registration Data is found to be inaccurate, incomplete or not current at any time.

b. Account Password/Security. As part of the online registration process, Customer will choose a password and a user name. Customer is entirely responsible for maintaining the confidentiality of its password and account, and Customer is solely responsible for any and all activities that occur under its account. Customer agrees to notify Watch Certification Services of America, Inc. immediately of any unauthorized use of its account or any other breach of security. Watch Certification Services of America, Inc. shall not be liable for any loss that Customer may incur as a result of a third party using its password or account, either with or without its knowledge. Customer may be held liable for losses incurred by Watch Certification Services of America, Inc. or another party due to a third party using Customer's account or password.

c. Payment Information. As part of the online registration process, Watch Certification Services of America, Inc. will collect certain additional information related to billing and payment matters ("Payment Information"). Such Payment Information will include a valid debit card or credit card number with available credit sufficient to pay the applicable Subscription Fees, an election of a preferred billing frequency, and other information as required by Watch Certification Services of America, Inc. All Payment Information provided by or on behalf of Customer must be current, complete and accurate, and Customer is solely responsible for updating such Payment Information as necessary. Customer hereby authorizes Watch Certification Services of America, Inc., from time to time, to take steps to determine whether the debit card or credit card number provided is valid. Watch Certification Services of America, Inc. reserves the right to terminate this Agreement immediately in the event any Payment Information is found to be inaccurate, incomplete or not current at any time. Watch Certification Services of America, Inc. shall not be responsible for any overdraft charge or other fees that may be incurred by Watch Certification Services of America, Inc.'s use of Customer's debit card or credit card.

d. Trial and Promotional Offers. From time to time, Watch Certification Services of America, Inc. may offer certain trial and/or promotional offers. Watch Certification Services of America, Inc. reserves the right to discontinue or modify coupons, credits, trials and promotional offers at its discretion and without notice. Any such trial or promotional offers may not be combined with other coupons, credits, trials, promotions or any other discounts, and are limited to one (1) per Customer. The details of any trial or promotional offers applicable to Customer shall be listed on Customer's "My Account" page within the Watch Certification Services of America, Inc. Web site.

e. Privacy. Watch Certification Services of America, Inc. use of any information provided by Customer, including without limitation, Registration Data and Payment Information, is set forth in Watch Certification Services of America, Inc. current Privacy Policy for myEach of the applicable Service(s), which can be found by clicking on the "Privacy Policy" hypertext link located at the bottom of the respective Web page for myEach Service.

3. Customer Rights and Restrictions.

a. During the Term of this Agreement, and upon Customer's payment of all applicable Subscription Fees, Watch Certification Services of America, Inc. will enable Customer to access and utilize the Services as contemplated herein, and Customer may access and use the Services subscribed to hereunder pursuant to and in accordance with the provisions of this Agreement.

b. Customer shall be solely responsible for all content used by Customer or any other party in connection with Customer's access and/or use of the Services, including all visual, written and/or audible communications. Customer hereby agrees not to access and/or use the Services (i) to send unsolicited commercial email in violation of applicable law; (ii) to request, collect and/or store sensitive data; (iii) to communicate any message or material that is deemed harassing, threatening, indecent, obscene, libelous, slanderous, or otherwise unlawful; (iv) in a manner which violates the intellectual property rights of any party; or (v) in a manner which constitutes or encourages conduct that could be a criminal or civil offense under any applicable law or regulation. Although Watch Certification Services of America, Inc. is not responsible for any such content or communications, Watch Certification Services of America, Inc. reserves the right to take any action it deems necessary or appropriate in its sole discretion, with respect to any such content or communications of which Watch Certification Services of America, Inc. may become aware, at any time and without notice to Customer.

c. Customer may not reverse engineer, decompile or otherwise attempt to decipher any code in connection with the Services or any other aspect of Watch Certification Services of America, Inc.'s technology.

d. Customer may not reassign Named Authorized Users without incurring additional fees.

e. Customer may inform its Named Authorized Users, customers and employees that the Services subscribed to hereunder are powered by Watch Certification Services of America, Inc., and are the sole property of Watch Certification Services of America, Inc.

f. Customer may not resell, distribute, or otherwise use any of the Services on a timeshare or service bureau basis.

g. Customer shall not access and/or use any of the Services in any manner that could damage, disable, overburden, impair or otherwise interfere with or disrupt the Watch Certification Services of America, Inc. Web sites, Services or any networks or security systems of Watch Certification Services of America, Inc.

h. No other rights are granted hereunder except as expressly set forth in this Agreement.

4. Term and Termination.

a. Term. This Agreement shall commence on the Effective Date and continue for the subscription period as stated on Customer's "My Account" page within the Watch Certification Services of America, Inc. Online Web site. Customer may access its "My Account" page at any time and update certain account information.

b. Termination for Cause. Watch Certification Services of America, Inc. reserves the right to terminate this Agreement immediately if Customer breaches any of its material obligations under this Agreement.

c. Effect of Termination. Upon termination of this Agreement, Customer will immediately discontinue all access to and use of the Services. Watch Certification Services of America, Inc. shall not be liable for any damages resulting from a termination of this Agreement as provided for herein; provided, however, the termination of this Agreement shall not affect any claim arising prior to such termination.

5. Subscription Fees. Customer is responsible for all Subscription Fees, and hereby authorizes Watch Certification Services of America, Inc. to obtain payment of all such Subscription Fees in accordance with the Payment Information, as stated on Customer's "My Account" page within the Watch Certification Services of America, Inc. Web site. Customer shall also be responsible for all applicable taxes (withholding tax, sales tax, services tax, value-added tax (VAT), goods and services tax (GST), etc.) or duties imposed by any government entity or collecting agency EXCEPT those taxes based on Watch Certification Services of America, Inc.'s Online or Watch Certification Services of America, Inc. net income.

6. Confidential Information. Unless expressly authorized in writing by the other party, neither party shall disclose to any third party any non-public information or materials provided by the other party under this Agreement and reasonably understood to be confidential ("Confidential Information"), or use such Confidential Information in any manner other than to perform its obligations under this Agreement. The foregoing restrictions do not apply to any information that (i) is in or becomes available through the public domain, (ii) is already lawfully in the receiving party's possession, (iii) was known to the receiving party prior to the date of disclosure, (iv) becomes known to the receiving party from a third party having an apparent bona fide right to disclose the information, or (v) Confidential Information that the receiving party is obligated to produce pursuant to an order of a court of competent jurisdiction or a valid administrative subpoena, providing receiving party provides disclosing party timely notice of such court order or subpoena. Furthermore, Customer will keep in strict confidence all passwords and other access information to the Services.

7. DISCLAIMER OF WARRANTIES. CUSTOMER HEREBY ACKNOWLEDGES AND AGREES THAT THE SERVICES ARE PROVIDED BY WATCH CERTIFICATION SERVICES OF AMERICA, INC.'S ON AN "AS IS" BASIS, AND CUSTOMER'S ACCESS TO AND/OR USE OF THE SERVICES IS AT ITS SOLE RISK. WATCH CERTIFICATION SERVICES OF AMERICA, INC. EXPRESSLY DISCLAIMS ALL WARRANTIES OF ANY KIND, WHETHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, THOSE OF MERCHANTABILITY, SATISFACTORY QUALITY, TITLE, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT. WATCH CERTIFICATION SERVICES OF AMERICA, INC. MAKES NO WARRANTY THAT ANY OF THE SERVICES WILL MEET THE REQUIREMENTS OF CUSTOMER OR THAT THE SERVICES WILL BE UNINTERRUPTED, TIMELY OR ERROR-FREE, NOR DOES WATCH CERTIFICATION SERVICES OF AMERICA, INC. MAKE ANY WARRANTY AS TO THE RESULTS THAT MAY BE OBTAINED FROM THE USE OF THE SERVICES OR THE ACCURACY OF ANY OTHER INFORMATION OBTAINED THROUGH THE SERVICES OR THAT ANY DEFECTS IN THE PLUG-IN WILL BE CORRECTED. CUSTOMER UNDERSTANDS AND AGREES THAT ANY MATERIAL AND/OR DATA DOWNLOADED OR OTHERWISE OBTAINED (INCLUDING PLUG-INS) THROUGH THE USE OF ANY OF THE SERVICES IS DONE AT THE SOLE RISK OF CUSTOMER AND THAT CUSTOMER WILL BE SOLELY RESPONSIBLE FOR ANY DAMAGE TO ITS COMPUTER SYSTEM OR LOSS OF DATA THAT RESULTS FROM THE DOWNLOAD OF SUCH MATERIAL AND/OR DATA. NO INFORMATION OR ADVICE, WHETHER ORAL OR WRITTEN, OBTAINED BY CUSTOMER FROM WATCH CERTIFICATION SERVICES OF AMERICA, INC. OR THROUGH THE SERVICES SHALL CREATE ANY WARRANTY NOT EXPRESSLY MADE HEREIN. SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OF CERTAIN WARRANTIES, SO SOME OF THE ABOVE EXCLUSIONS MAY NOT APPLY TO CUSTOMER.

8. LIMITATION ON LIABILITY. IN NO EVENT SHALL WATCH CERTIFICATION SERVICES OF AMERICA, INC. BE LIABLE FOR ANY INDIRECT, SPECIAL, CONSEQUENTIAL OR INCIDENTAL, MULTIPLE, PUNITIVE OR OTHER DAMAGES RELATED TO THIS AGREEMENT (INCLUDING, WITHOUT LIMITATION, LOSS OF DATA, LOSS OF INCOME, LOSS OF OPPORTUNITY, LOST PROFITS, COSTS OF RECOVERY OR ANY OTHER DAMAGES), HOWEVER CAUSED AND BASED ON ANY THEORY OF LIABILITY, AND WHETHER OR NOT FOR BREACH OF CONTRACT, NEGLIGENCE, OR OTHERWISE, AND WHETHER OR NOT WATCH CERTIFICATION SERVICES OF AMERICA, INC. HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. WATCH CERTIFICATION SERVICES OF AMERICA, INC.'S' LIABILITY HEREUNDER IS LIMITED TO . SOME JURISDICTIONS DO NOT ALLOW LIMITATION OR EXCLUSION OF LIABILITY FOR INCIDENTAL OR CONSEQUENTIAL DAMAGES, SO SOME OF THE ABOVE LIMITATIONS MAY NOT APPLY TO CUSTOMER.

9. Indemnification. Customer hereby agrees, at its sole expense, to indemnify, defend and hold Watch Certification Services of America, Inc. harmless from and against any loss, cost, damages, liability or expense arising out of or relating to (i) a third-party claim, suit, proceeding, action or allegation of infringement based on information, data, files or other content submitted by Customer or otherwise related to Customer's access to and/or use of the Services; or (ii) any fraud or manipulation, or other breach of this Agreement by Customer.

10. Contracting Party, Choice of Law and Location for Resolving Disputes. This Agreement is between Customer and the Watch Certification Services of America, Inc. entity for Customer's country or region. In this section, find the country or region where Customer is located, where Customer lives (if Customer is signing up for the Services as an individual person) or where Customer's business is located (if Customer is signing up for the Services as business) in the subsections below, and in that subsection Customer will find the Watch Certification Services of America, Inc. entity that Customer is contracting with and the choice of law and the location for resolving disputes with such Watch Certification Services of America, Inc. entity. If any provision of this Agreement is invalid or unenforceable under applicable law, it shall be to that extent deemed omitted and the remaining provisions will continue in full force and effect. To the extent a provision is deemed omitted, the parties agree to comply with the remaining terms of this Agreement in a manner consistent with the original intent of the Agreement.

a. North and South America. Customer is contracting with Watch Certification Services of America, Inc. located at 6843 Sparrow Hawk Drive, West Palm Beach, FL 33412, United States and this Agreement will be governed by the laws of the State of Florida without reference to conflict of law principles and excluding the United Nations Convention on Contracts for the International Sale of Goods, and in any dispute arising out of this Agreement, Customer consents to the exclusive personal jurisdiction and venue in the State and Federal courts within Palm Beach County, Florida.

b. Europe, Middle East and Africa. Customer is contracting with Watch Certification Services of America, Inc. located at 6843 Sparrow Hawk Drive, West Palm Beach, FL 33412, United States and this Agreement will be governed by the laws of the State of Florida without reference to conflict of law principles and excluding the United Nations Convention on Contracts for the International Sale of Goods, and in any dispute arising out of this Agreement, Customer consents to the exclusive personal jurisdiction and venue in the State and Federal courts within Palm Beach County, Florida.

c. Asia and the Pacific. Customer is contracting with Watch Certification Services of America, Inc. located at 6843 Sparrow Hawk Drive, West Palm Beach, FL 33412, United States and this Agreement will be governed by the laws of the State of Florida without reference to conflict of law principles and excluding the United Nations Convention on Contracts for the International Sale of Goods, and in any dispute arising out of this Agreement, Customer consents to the exclusive personal jurisdiction and venue in the State and Federal courts within Palm Beach County, Florida.

11. Additional Terms.

a. Authority. Each party hereby represents and warrants to the other party that it has all necessary authority to enter into and perform its obligations under this Agreement without the consent of any third party or breach of any contract or agreement with any third party.

b. Assignment. Customer may not assign its rights or delegate its duties under this Agreement either in whole or in part, and any such attempted assignment or delegation shall be void.

c. Force Majeure. Watch Certification Services of America, Inc. will not be responsible for any delay, interruption or other failure to perform under this Agreement due to acts beyond the control of Watch Certification Services of America, Inc.

d. Choice of Law. This Agreement and any dispute arising out of or in connection with this Agreement shall be governed by and construed under the laws of the State of Florida, without regard to the principles of conflict of laws.

e. Export. Both parties agree to comply with applicable United States export and import laws and regulations.

f. High-Risk Use. Customer hereby acknowledges that the Services are not designed or intended for access and/or use in or during high-risk activities including, but not limited to: medical procedures; on-line control of aircraft, air traffic, aircraft navigation or aircraft communications; or the design, construction, operation or maintenance of any nuclear facility. Watch Certification Services of America, Inc. hereby expressly disclaims any express or implied warranty of fitness for such purposes.

g. Proprietary Rights. Watch Certification Services of America, Inc. retains ownership of all proprietary rights in or associated with all its products and services (including the Services), and Customer may not use the Watch Certification Services of America, Inc. logo, or any other name, logo, icon or mark identifying Watch Certification Services of America, Inc. products and/or services (including the Services) without prior written permission of Watch Certification Services of America, Inc.

h. Compliance with Laws. Customer shall comply with all applicable laws, rules and regulations relating to Customer's access to and/or use of the Services.

i. No Waiver. The failure of either Customer or Watch Certification Services of America, Inc. in any one or more instance(s) to insist upon strict performance of any of the terms of this Agreement will not be construed as a waiver or relinquishment of the right to assert or rely upon any such term(s) on any future occasion(s).

j. Severability. If any provision of this Agreement is declared by a court of competent jurisdiction to be invalid, illegal, or unenforceable, such provision shall be severed from this Agreement and the other provisions shall remain in full force and effect.

k. No Third Party Beneficiaries. No person or entity not a party to this Agreement will be deemed to be a third party beneficiary of this Agreement or any provision hereof.

l. Entire Agreement. This Agreement sets forth the entire agreement and understanding of the parties relating to the subject matter hereof and supersedes all prior and contemporaneous oral and written agreements and understandings with respect to the same. No waiver or amendment of any term or condition of this Agreement shall be valid or binding on either party unless agreed to in writing by both parties.

m. Captions and Headings. Captions and headings are used herein for convenience only, are not a part of this Agreement, and shall not be used in interpreting or construing this Agreement.

n. Language. Only the most current English version of this Agreement is binding. In the event of inconsistency or discrepancy between the English version and any other language version of this Agreement, the English-language version shall prevail.

o. Beta version. The terms of this subsection 11(o) shall only apply to Customer with respect to any "Beta" version of any of the Services (the "Beta Services") made available to Customer for purposes of evaluation and feedback. Customer acknowledges that the Beta Service(s) Customer is evaluating may contain bugs, errors and other problems and is provided to Customer "as-is." Therefore, Watch Certification Services of America, Inc. disclaims any warranty or liability obligations to Customer of any kind with respect to the Beta Services. Customer further acknowledges the importance of communication between Watch Certification Services of America, Inc. and Customer during Customer's use of the Beta Services and participation in Watch Certification Services of America, Inc. Beta program and hereby agrees to receive related correspondence and updates from Watch Certification Services of America, Inc. In the event Customer requests to opt-out from such communications, Customer's participation in the Watch Certification Services of America, Inc. Beta program will also be canceled. Customer also hereby acknowledges that Watch Certification Services of America, Inc. has not made any representations, promises or guarantees that the Beta Services will ever be announced or made available to anyone in the future and that Watch Certification Services of America, Inc. has no express or implied obligation to Customer to announce or introduce the Beta Services. During the Watch Certification Services of America, Inc. Beta program, Customer will be asked to provide feedback regarding Customer's use of the Beta Service(s) and Customer hereby grants to Watch Certification Services of America, Inc. a perpetual, royalty-free worldwide license to use and/or incorporate such feedback into any Watch Certification Services of America, Inc. product or service (including the Beta Services) at any time at the sole discretion of Watch Certification Services of America, Inc. With respect to the Beta Services, this subsection shall supersede any other terms and conditions contained herein, but only to the extent necessary to resolve conflict.

12. DISCLAIMER / DISCLOSURES / TERMS OF USE

a. Rolex Authenticator Pro. This authenticating platform is meant to be used as an interactive, informative guide for those examining pre-owned Rolex watches. It is understood and agreed that membership and use of this site and the information contained within does not imply authenticity. The ultimate authority for deeming a Rolex watch as genuine is Rolex or Rolex USA. In no way does this authenticator platform, WCSA, it's owners, representatives or agents express or imply authenticity, and are to be held harmless in any and all instances that may arrive from use of the enclosed information/materials. The information/opinions contained within is/are based on over 68 cumulative years of knowledge formed by pre-owned watch dealers/watch makers, and their strictly scrutinizing and having examined ten's of thousands of pre-owned Rolex watches. Images, audio, charts, illustrations and opinions expressed and or contained within this interactive/informative site are for educational and identification purposes only, and have not been provided nor at time of release has the information contained within been approved by Rolex or Rolex USA. Please note the following are trademarks of Rolex Watch Company Lt., Geneva, Switzerland. Rolex, Oyster, Oysterquartz, Oyster Perpetual, Coronet Logo, Perpetual, Day-Date, Datejust, Sea-Dweller, Submariner, GMT-Master, GMT-Master ll, Explorer, Explorer ll, President, Jubilee, Yachtmaster, Master Piece, Pearl Master as well as additional hallmarks and logos specifically attached to Rolex products. Any hallmarks and trademarks contained within this site and or the images used within this site are also acknowledged to be proprietary symbols of Rolex Watch Company.

b. Counterfeit Busters. The use of any and/or all products or services provided by Watch Certification Services of America, including Counterfeit Busters, is meant to provide the authorized user the most informative product information in the market place. No assumptions should be made that because the model you have entered in our database has not appeared as a known counterfeit, is deemed original. Use of our service does not constitute authenticity and/or that the product does not contain non-genuine or altered parts.

c.Watch Verification Report. WCSA Addendum to terms of Usage. Additionally, warranty coverage expressed on this displayed warranty is not the responsibility of Watch Certification Services (WCSA), the provider of the Watch CSA Certification Report. WCSA expresses no coverage liability and is to be held harmless in all instances of needed service, repair, damage and/or loss. For warranty terms and conditions, please contact the authorized agent or service center indicated in this issued report. Condition of displayed Appraisal Value and estimated evaluation, including provided Valguard service. Watch Certification Services of America (WCSA) has years of expertise, resources, and processes for evaluating (i) timepieces (wristwatches, clocks, and pocket watches only). WCSA works diligently to indicate if a timepiece is a genuine article or a forgery. In addition, WCSA may provide general descriptions of the time- pieces appearing in its appraisal, authentication report, or authentication identification card are true and correct as to matters relating to the origin, history, manufacture and physical characteristics of such timepieces and jewelry items; provided, however, that unless otherwise specifically stated, WCSA does not guaranty (i) authenticity (ii) all component parts of any timepiece are original to the timepiece, (iii) components of jewelry (i.e. gemstones) have not been enhanced or treated. For purposes of this guaranty, the term intentional forgery shall mean imitations made with the intention to deceive as to the maker or period of the timepiece or jewelry item or the material used. Watch Certification Services of America (WCSA) or its representatives (authorized agents) indicate estimates of the value of the product being appraised. Such estimates have been developed using such experts, tests and other methods as WCSA has deemed in its sole discretion to be appropriate under the circumstances. WCSA shall have no liability whatsoever relating to estimates of value attributed to the appraised product and all participants requesting or receiving such value estimates shall be responsible for reaching their own conclusions as to the value of the listed timepiece. Neither WCSA nor its authorized agents are responsible for any errors and omissions in the appraisals or any reports or other written material. By accepting this appraisal, the WCSA member, seller or buyer accepts the terms and conditions found at www.watchcsa.com. Additional terms regarding Authenticity ID Card: Watch Certification Services of America (WCSA) expresses no guarantees as to merchantability, fitness for a particular purpose, rarity, importance, the correctness of the representation or other description concerning the author, maker, origin, period, age, attribution, authenticity, provenance, weight or condition of any object. No statement (whether oral or written, made in the any authentication report, an advertisement, a bill of service, posting, announcement or elsewhere) whether made by any employee or agent of WCSA shall be deemed to be a warranty, representation or assumption of liability. Neither WCSA nor a party deemed as an authorized agent has any responsibility whatsoever as to the authenticity, found defect in or deterioration of any timepiece or product. By accepting this authentication identification card, the WCSA member, seller or buyer accepts the terms and conditions found at www.watchcsa.com. Loss Prevention Protection, does not imply in any way that WCSA offers replacement of lost or stolen merchandise displayed in any WCSA service or report. Therefore, no responsibility or replacement guarantee by WCSA is assumed, expressed or implied.

WATCH CERTIFICATION SERVICES OF AMERICA (WCSA) DEPENDS ON ITS SOURCES FOR THE ACCURACY AND RELIABILITY OF ITS INFORMATION. THEREFORE, NO RESPONSIBILITY IS ASSUMED BY WCSA OR ITS AGENTS FOR ERRORS OR OMISSIONS IN THIS REPORT. WCSA FURTHER EXPRESSLY DISCLAIMS ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING ANY IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. WATCH CERTIFICATION SERVICES OF AMERICA© © 2011 WATCH CERTIFICATION SERVICES OF AMERICA. All rights reserved.

BY VISITING OR USING THIS SITE, OR ANY PAGE OF THIS SITE, YOU AGREE TO BE BOUND BY THESE TERMS OF USE, AND YOU ACKNOWLEDGE THAT SUCH AGREEMENT CONSTITUTES A BINDING CONTRACT BETWEEN YOU AND WATCH CERTIFICATION SERVICES OF AMERICA, INC (WCSA). IF YOU DO NOT AGREE TO THESE TERMS OF USE, PLEASE DO NOT USE THIS SITE, ITS SERVICES, OR RELATED PRODUCTS.