ASCENDLUX Consignment Terms & Conditions

Effective Date: August 12, 2026

PLEASE READ THESE TERMS CAREFULLY. BY CHECKING THE ACCEPTANCE BOX OR CLICKING THE ACCEPTANCE BUTTON PRESENTED WITH THESE TERMS, YOU AGREE TO BE LEGALLY BOUND BY THEM. IF YOU ACCEPT FOR AN ORGANIZATION, YOU REPRESENT THAT YOU HAVE AUTHORITY TO BIND THAT ORGANIZATION.

These Consignment Terms & Conditions (the "Terms") are between AscendLux, LLC, an Illinois limited liability company with offices at 3033 N. Clark St., Chicago, Illinois 60657 ("AscendLux," "Company," "we," "us," or "our"), and the person or entity accepting these Terms ("you" or "your"). If you accept for a nonprofit, business, or other organization, "you" and "your" refer to that organization. These Terms govern your reservation, marketing, sale, purchase, and use of AscendLux consigned travel and experience packages ("Experiences") for fundraising events, auctions, raffles, or similar activities.

1. Electronic Acceptance and Authority

Your affirmative electronic acceptance creates a binding agreement between you and AscendLux. You represent that: (a) you are at least 18 years old; (b) all information you provide is accurate; and (c) if acting for an organization, you have authority to bind it. The organization associated with the account, request, reservation, quote, order confirmation, invoice, or other transaction record will be treated as the contracting party. You consent to the use of electronic records and signatures and agree that your electronic acceptance has the same force and effect as a handwritten signature.

2. Scope; Experience-Specific Terms

The specific Experiences, nonprofit cost, event or drawing date, inclusions, exclusions, availability restrictions, expiration periods, and other transaction details may appear in an Experience description, quote, reservation confirmation, order confirmation, invoice, or other written communication from AscendLux (collectively, "Order Documents"). Each Order Document is incorporated into these Terms. If an Order Document conflicts with these Terms, the Experience-specific terms in the Order Document control only for that Experience; these Terms control in all other respects.

3. Consignment / No-Risk Structure

Experiences are offered on a no-risk consignment basis unless an Order Document states otherwise. You are required to purchase an Experience only if it is successfully sold, awarded, or otherwise committed at your event or drawing. An Experience that is not sold or awarded creates no purchase obligation. Upon a successful sale or award, you are responsible for the nonprofit cost or other price communicated by AscendLux. Once you confirm a sale or AscendLux issues an invoice for it, the Experience is non-refundable and non-returnable, except as expressly stated in the applicable Order Document.

4. Experience Materials and Marketing

AscendLux may provide descriptions, images, display sheets, and other promotional materials. You agree that:

• Experience descriptions and terms must be used exactly as provided by AscendLux;
• you will not alter pricing language, inclusions, exclusions, restrictions, or other Experience terms without AscendLux's prior written approval;
• you are responsible for errors, omissions, or fulfillment issues caused by materials that you create, alter, or present inaccurately; and
• you will make the applicable Experience description and material terms available to prospective and winning bidders before purchase or award.

5. Multiple Sales

Unless an Order Document states otherwise, most Experiences may be sold more than once at a single event or across multiple events, subject to availability and AscendLux's confirmation.

6. Sale Confirmation; Booking and Guest Services

Promptly after each sale or award, you must provide AscendLux with the winning bidder's name, telephone number, email address, winning bid amount, and any other information reasonably required to fulfill the Experience. You represent that you have provided appropriate notice and have a lawful basis to share this information with AscendLux and its booking or fulfillment providers.

Most Experiences include complimentary booking and guest services from a third-party vendor, which may include accommodation reservations, trip-planning assistance, coordination with service providers, and assistance arranging additional services at the traveler's expense. Unless an Order Document states otherwise:

• Experiences must be booked at least 60 days in advance;
• travel must be completed within two (2) years of purchase;
• ground transportation is not included;
• airport taxes, fuel surcharges, and similar fees are the traveler's responsibility; and
• additional services and costs not expressly included in the Experience are the traveler's responsibility.

Some Experiences require hard-copy certificates, which are treated as cash equivalents and may not be replaceable if lost. If a hotel or provider changes ownership or becomes unavailable, AscendLux will use commercially reasonable efforts to provide a comparable substitute, but exact replacement terms cannot be guaranteed.

7. Suggested Retail Value / Fair Market Value

Any suggested retail value ("SRV") or fair market value ("FMV") is an estimate provided solely for fundraising reference. Estimates may use peak-season published accommodation rates, separate valuation of package components, or brochure pricing for cruises. You are responsible for determining any valuation, disclosure, tax-deductibility, or starting-bid treatment applicable to your event. AscendLux recommends basing starting bids on your nonprofit cost rather than the stated SRV or FMV.

8. Payment Terms

• All payments are due in U.S. Dollars unless AscendLux quotes another currency in writing.
• Payment is due within 30 days after the invoice date unless an Order Document states otherwise.
• Overdue amounts may incur a late charge of 1.5% per month or the maximum lawful rate, whichever is less.
• If payment is not received within the required period, AscendLux may cancel the Experience and notify the winning bidder or traveler.
• A canceled Experience may be repurchased only at then-current pricing and subject to availability.
• Accepted payment methods may include ACH, wire transfer, check, and major credit cards. Credit-card payments are subject to a 3.5% processing fee.

9. Pricing and Availability Changes

Experience pricing, availability, inclusions, and terms may change until confirmed by AscendLux in an Order Document. AscendLux may also adjust pricing, inclusions, or terms when an event is 30 or more days in the future or when payment is not received within the required timeline. Any written pricing-protection period controls for its stated duration. Changes required because of supplier availability or circumstances beyond AscendLux's reasonable control will be handled under Sections 6 and 12.

10. Taxes; Auction and Raffle Compliance

You act as the merchant of record for your auction, raffle, or fundraising transaction. You are solely responsible for collecting and remitting applicable taxes; issuing bidder or donor receipts; determining charitable-deduction treatment; and complying with all auction, raffle, gaming, registration, licensing, disclosure, and fundraising laws. Each party will indemnify the other for claims arising from its own failure to satisfy its tax obligations.

11. Legal Compliance; Accessibility; Third-Party Providers

You are responsible for conducting your fundraising activities lawfully. Hotels, airlines, tour operators, booking services, and other third-party providers are independent parties and are responsible for their own operations and legal compliance. A traveler who needs disability accommodations must notify the applicable provider. AscendLux may assist with communications but does not control third-party facilities or services and is not responsible for a provider's compliance with accessibility laws.

12. Force Majeure

Neither party is liable for delay or failure to perform caused by events beyond its reasonable control, including natural disasters, acts of God, war, terrorism, civil unrest, pandemics, epidemics, government orders, supplier failures, transportation disruptions, or labor disputes. AscendLux will use commercially reasonable efforts to mitigate the impact and, when appropriate, seek a comparable substitute.

13. Disclaimers

AscendLux acts as a reseller of third-party Experiences. AscendLux's obligations are limited to arranging delivery of the applicable certificate, confirmation, or booking services described in the Order Documents. AscendLux does not control and is not responsible for third-party businesses, acts, omissions, legal compliance, service quality, safety, or the accuracy or completeness of information supplied by those third parties.

TO THE MAXIMUM EXTENT PERMITTED BY LAW, ALL OTHER WARRANTIES, EXPRESS OR IMPLIED, INCLUDING WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT, ARE DISCLAIMED.

14. Indemnification

Each party will indemnify, defend, and hold harmless the other party and its officers, directors, members, employees, and agents from third-party claims, damages, liabilities, judgments, penalties, costs, and reasonable attorneys' fees arising from the indemnifying party's acts, omissions, breach of these Terms, or violation of law. Your obligations include claims arising from altered marketing materials, your fundraising activities, your handling of bidder or traveler information, and your failure to make required disclosures.

15. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, ASCENDLUX WILL NOT BE LIABLE FOR INDIRECT, INCIDENTAL, CONSEQUENTIAL, SPECIAL, EXEMPLARY, OR PUNITIVE DAMAGES, OR FOR LOST PROFITS, REVENUE, GOODWILL, OR DATA, ARISING FROM OR RELATED TO AN EXPERIENCE OR THESE TERMS, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. ASCENDLUX'S AGGREGATE LIABILITY ARISING FROM OR RELATED TO AN EXPERIENCE WILL NOT EXCEED THE AMOUNT PAID OR PAYABLE TO ASCENDLUX FOR THAT EXPERIENCE. These limitations do not exclude liability that cannot lawfully be excluded.

16. Communications and Information Sharing

AscendLux may send you operational, account, invoice, booking, and fulfillment communications electronically. AscendLux may also send marketing communications as permitted by law; recipients may opt out of marketing messages at any time without affecting transactional communications. You authorize AscendLux to share information reasonably necessary to arrange, book, and fulfill an Experience with applicable service providers.

17. Raffle-Specific Terms

If an Experience is used in a raffle:

• you are solely responsible for compliance with all raffle and gaming laws;
• the Experience must be selected before the drawing and may not be exchanged after award;
• the Experience must be ordered from AscendLux within 14 days after the drawing; and
• pricing protection applies for 30 days from reservation unless an Order Document states otherwise.

18. Suspension and Cancellation

AscendLux may suspend reservations, fulfillment, or further consignment activity if you breach these Terms, fail to pay when due, provide inaccurate information, misuse Experience materials, or create a material legal, reputational, or fulfillment risk. Suspension or cancellation does not eliminate obligations that accrued before the effective date of suspension or cancellation.

19. Governing Law and Venue

These Terms and each transaction are governed by the laws of the State of Illinois, without regard to conflict-of-law rules. The state and federal courts located in Cook County, Illinois will have exclusive jurisdiction over disputes arising from or related to these Terms or an Experience, and each party consents to personal jurisdiction and venue in those courts.

20. General Provisions

These Terms and the applicable Order Documents are the entire agreement regarding their subject matter and supersede prior or contemporaneous discussions and communications about that subject matter. You may not assign these Terms or an Experience without AscendLux's prior written consent. AscendLux may assign these Terms in connection with a merger, reorganization, sale of assets, or transfer of its business. A waiver must be in writing and is not a continuing waiver. If any provision is unenforceable, it will be enforced to the maximum extent permitted and the remaining provisions will remain in effect. Provisions that by their nature should survive-including payment, taxes, disclaimers, indemnification, liability limitations, and governing law—will survive expiration, cancellation, or termination.

21. Changes to These Terms

AscendLux may update these Terms by posting a revised version with a new effective date. Revised Terms apply prospectively to reservations, orders, or transactions accepted on or after that effective date. If applicable law requires additional notice or renewed assent for a material change, AscendLux will provide it.

22. Contact and Notices

Questions or formal notices regarding these Terms may be directed to AscendLux, LLC, 3033 N. Clark St., Chicago, Illinois 60657. Notices to you may be sent to the email address, account, or contact information associated with your request, reservation, order, or invoice.

BY CLICKING "I AGREE," "ACCEPT," OR A SIMILAR BUTTON OR CHECKBOX PRESENTED WITH THESE TERMS, YOU ACKNOWLEDGE THAT YOU HAVE READ, UNDERSTAND, AND AGREE TO BE BOUND BY THESE TERMS AND THAT YOU ARE AUTHORIZED TO BIND THE ORGANIZATION ON WHOSE BEHALF YOU ARE ACTING.