This Memorandum of Understanding is made between OOdles, Corporation, oodlesbid.com, and YOU the BIDDER. YOU the Bidder hereby agrees to the following statement.

#1. ONCE YOU HAVE PURCHASED YOUR BIDS FOR AN AUCTION YOU CANNOT GET YOUR MONEY BACK UNLESS THE AUCTION DOES NOT GET FULLY SUBSCRIBED WITHIN (30) DAYS FROM THE DATE YOU PURCHASED YOUR BIDS FOR THAT AUCTION. YOU MAY HOWEVER KEEP YOUR MONEY IN PLAY BY SWITCHING TO, AND BIDDING ON A DIFFERENT AUCTION AS LONG AS THE BIDS ARE VALUED THE SAME FOR THE NEW AUCTION, BUT ONY IF THE ORIGINAL AUCTION WAS NOT FULLY SUBSCRIBED. ADDITIONALLY, UPON REQUEST YOU MAY RECEIVE YOUR MONEY BACK FROM AN AUCTION THAT WAS NOT FULLY SUBSCRIBED AFTER (30) DAYS FROM THE DATE YOU PURCHASED YOUR BIDS FOR AN AUCTION. THE RETURN OF YOUR FUNDS WILL BE HANDLED THROUGH PAYPAL AND WILL BE SUBJECT TO THEIR RULES AND REGULATIONS GOVERNING THE RETURN OF FUNDS.

#2. ONCE YOU HAVE PURCHASED YOUR BIDS FOR AN AUCTION ON THE WEBSITE OODLESBID.COM YOU HEREBY AGREE THAT YOU FULLY UNDERSTAND THAT YOU HAVE PURCHASED BIDS TO PARTICIPATE IN AN AUCTION AND THAT IF YOU ARE NOT THE WINNER OF THAT AUCTION YOU WILL HAVE LOST ALL YOUR MONEY. YOU WILL NOT RECEIVE ANYTHING FROM OODLES, CORPORATION OR OODLESBID.COM.

IF YOU ARE A WINNER OF AN OODLESBID.COM AUCTION YOU HEREBY AGREE TO SEND OODLESBID.COM A VIDEO OR PICTURE OF YOU THE WINNER WITH WHAT YOU HAVE WON SO WE MAY PLACE IT IN THE WINNERS CIRCLE SECTION OF THE WEBSITE AND SO IT MAY BE PLACED ON FACEBOOK AND OTHER SOCIAL MEDIA PAGES DEPICTING YOU AS AN OODLESBID.COM WINNER. FURTHER, IF YOU ARE A WINNER OF A VEHICLE OR TRIP OODLESBID.COM HAS THE RIGHT TO VIDEO YOU THE WINNER AT A MUTUALLY AGREEABLE LOCATION SO AS TO BE ABLE TO USE YOUR PICTURE IN THE OODLESBID.COM WINNERS CIRCLE AS WELL AS ALL OF THEIR SOCIAL MEDIA PAGES THEY ARE CONNECTED WITH. DELIVERY OF PRIZES WON ARE DESCRIBED IN THE (HOW TO PLAY) SECTION OF THE WEBSITE.