Local Yokel Auctions

Guaranteed Store &ndash Special Offer
Applies to New, 1-month Subscriptions: Nov. 21, 2008 – Jan. 17, 2009

Local Yokel Auctions Extends its NEW, INNOVATIVE, & EXCITING Performance Guarantee to ALL Store Subscription Levels!

Local Yokel is extending its Performance Guarantee (see details below) to all store levels, not just for the 20/20 Guaranteed Store Program! Now virtually everyone can easily afford a Local Yokel Store and enjoy reduced risk along with all the other great benefits Local Yokel Stores provide.

Start with whatever level you like – any store – and you get a Performance Guarantee.

$10 – Basic Store
$25 – Medium Store
$50 – Advanced Store
$75 – Platinum Store
$100 – Ultimate Store

Under the terms of the Guarantee, if your sales and/or referral commissions total less than the cost of your one-month store subscription, Local Yokel Auctions will refund the difference.

For as little as $10 per month you can have a world-wide presence on the Internet! You can even promote your store with your own domain name if you like. A Local Yokel Auction's Store provides an opportunity for you to compete with the "Big Boys".

Whether you choose a $10 store or a $100 store you get the same great features. The only difference is the number of items you can list. Local Yokel makes the choice easy. Not sure which subscription you need? No problem. Start small. If you discover you need to list more items, there's no penality. You can upgrade at anytime from a smaller store to one that fits your needs. The unused portion of your current subscription is applied as a credit to reduce the cost of your new subscription.

We may be a little biased, but we think EVERYONE should have a Store. These days, it seems that everyone has "stuff" around the house and office just gathering dust. Instead of it just sitting there, why not turn it into extra cash? Who couldn't more of that to good use!

A Local Yokel Store is a breeze to set up and use. You don't need years of experience. VIRTUALLY ANYONE CAN DO IT!

Local Yokel wants you to succeed. We know that won't happen unless you jump in and go for it. That's why we're backing our Store Program with a Performance Guarantee. We guarantee we'll do our part and attract enough buyers to get the job done. If you don't get back at least as much as you spent on your Store subscription, Local Yokel will refund the difference. (See details below.)

Performance Guarantee for Standard Stores
Is a Limited-Time, Special Offer

The Performance Guarantee for standard, month-to-month store subscriptions is a special offer. This Special Offer is in effect from November 21, 2008 and expires at noon, January 17, 2009. This Offer, though similar, is separate from the 20/20 Guaranteed Store Program. The 20/20 Guaranteed Store Program provides extra value through discounted pricing and additional listings not included in this Special Offer.

Here's the official statement of the Performance Guarantee for standard, one-month store subscriptions initiated during this Special Offer.

Limited Performance Guarantee for One-Month Store Subscription

LocalYokelAuctions.com (LYA) conditionally guarantees to provide sufficient Buyers to LYA such that a registered Member (Store Owner), who purchases a subscription to a Guaranteed Store (GS), shall receive, during the one-month term of the subscription, gross receipts from sales and/or from commissions equal to or exceeding the subscription cost or else LYA will refund the difference to the Store Owner.

Subscription Cost: the total fee paid by the Store Owner for a GS subscription, including any amount credited from an upgrade.

Gross Receipts: the total of the following amounts during the term of the subscription.

Sales. Any item, for which the Store Owner is the Seller, is considered sold when the listing closes during the subscription term and at least one Buyer is identified. The selling price of sold items is included in gross receipts, whether the item was listed in the main site, in the store only , or in both, even if the listing's Start Time predates activation of the GS subscription. Other charges to a Buyer, such as shipping, handling, and insurance, are excluded. Selling price is included in gross receipts whether or not the Store Owner/Seller actually collects payment for the sale. LYA and any agents acting on behalf of LYA are prohibited from buying items without providing payment.
Downline commissions. Gross receipts include all commissions posted to the Store Owner's account in accordance with the LYA Referral Program. (See http://localyokelauctions.com/ref_prog.php)
Upline commission from the GS subscription. The Store Owner's purchase of a GS subscription immediately posts commissions to all qualified accounts upline from the Store Owner's account, in accordance with the LYA Referral Program. Any such commissions posted to upline accounts owned or controlled by the Store Owner or by any member of the Store Owner's household are included in gross receipts for the purpose of this Guarantee. Upline accounts are viewable from the Members Area of LYA. Upline accounts owned or controlled by the Store Owner or by any member of the Store Owner's household are considered commonly held upline accounts. The Store Owner must disclose to LYA any and all commonly held upline accounts. A STORE OWNER'S FAILURE TO DISCLOSE COMMONLY HELD UPLINE ACCOUNT(S) VOIDS THIS GUARANTEE. Any refund paid under the terms of this Guarantee is subject to reversal if LYA discovers that any commonly held upline accounts were not disclosed by the Store Owner.

GS Subscription Term and Payment. The GS subscription consists of a one (1) month store subscription, payable in full at the time of activation. The subscription fee is non-refundable, except under the terms of this Guarantee. A prorated credit for the unused portion of the current subscription may apply when upgrading to a higher level GS subscription.

Automatic Renewal A one-month subscription initiated by automatic renewal occurring during the timeframe of this Special Offer qualifies the new subscription for the Performance Guarantee. A one-month subscription initiated by automatic renewal after the expiration of this Special Offer qualifies the new subscription for the Performance Guarantee only if LYA is offering the Performance Guarantee to all members purchasing the same subscription level at the time the automatic renwal occurs.

Refund Determination. LYA does not automatically monitor individual Store performance. If a refund is due, the Store Owner must submit a Refund Determination Request within twenty one (21) days after the close of the one-month subscription. Refund Determination Requests may be submitted by telephone, email, or through the form on the Contact Us page at LYA. (See http://localyokelauctions.com/content_pages.php?page=contact_us) Upon receiving a Refund Determination Request, LYA will compute gross receipts through the close of the subscription period. If total gross receipts is less than the cost of the subscription for which the determination is being made, LYA will refund the difference or the cost of the one-month subscription, whichever is smaller.

Store Owner Requirements. In order to keep this Guarantee in force throughout the duration of the GS subscription, the Store Owner must

pay the subscription fee in full.
keep the Store active for at least one (1) month.
stock and maintain Store inventory with items or services, the value of which meets or exceeds the cost of the GS subscription.
customize and maintain Store Logo, Store Categories, and all available Store Pages.
comply with LYA Terms & Conditions. (See http://localyokelauctions.com/content_pages.php?page=terms)