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VENDOR AGREEMENT(only english version)
Epic Trading Group
Version: 2.0
Last updated: 05-06-2026
Applicable to: All sellers / principals on the Epic Motor Trading platform

Table of Contents

  1. Identity of the Platform Operator
  2. Definitions
  3. Scope of Application
  4. Seller Status (Private / Professional)
  5. KYC Verification (Stripe Connect) – exclusively for professional sellers
  6. Terms of Sale and Seller Responsibilities
  7. Commission and Fees
  8. Payments and Escrow
  9. Invoicing (seller invoices themselves – EMT only invoices commission)
  10. Title and Delivery
  11. Disputes with Buyers (including post-payout dispute)
  12. Indemnification and Liability
  13. Exclusivity and Consignment
  14. Suspension and Termination
  15. Applicable Law and Dispute Resolution

1. Identity of the Platform Operator

Trading as: Epic Trading Group

Full legal name: Instaal

Legal form:  BV (private limited company)

VAT number: BE 0686909458

Registered office: Essenhoutstraat 286, 2950 Kapellen, Belgium

Email address: info@epicmotortrading.com

Instaal is the operator of the online auction platform Epic Motor Trading (www.epicmotortrading.com) and acts as the platform administrator under this agreement.

2. Definitions

In this Vendor Agreement, the following terms shall have the meanings set out below:


EMT: Epic Motor Trading

Platform: The website www.epicmotortrading.com and all associated digital applications

Seller: You, the user offering a vehicle via the Platform

Buyer: The user who places the winning bid on a Lot

Lot: The vehicle or good offered via the Platform

Bid: A binding offer to purchase via the Platform

Reserve price: The minimum price below which the Seller is not obliged to sell

Commission: The fee charged by EMT to the Seller for its brokerage services

Escrow:The temporary holding of funds by Stripe Connect pending confirmation of delivery

Double confirmation: The action whereby both buyer and seller confirm via the Platform that the motorcycle has been physically handed over and received

GDPR: General Data Protection Regulation (EU) 2016/679

Proforma: A non-binding payment request, not a tax document

3. Scope of Application

3.1. This Vendor Agreement applies to:

  • Each registration as a seller on the Platform
  • Each Lot offered
  • Each sale concluded via the Platform
  • Each payment processed via the Platform

3.2. By creating a seller account and accepting these terms, you declare that:

  • You have the legal capacity to enter into an agreement
  • You agree to this Vendor Agreement in addition to EMT's General Terms and Conditions
  • You are bound by the rights and obligations set out herein

3.3. In the event of a conflict between this Vendor Agreement and the General Terms and Conditions, this Vendor Agreement shall prevail with respect to the relationship between EMT and the Seller.

4. Seller Status (Private / Professional)

4.1. Choice upon registration
During registration, you choose one of the following statuses:


Private seller:

You sell as a natural person, not in the exercise of a profession or business

Professional seller:

You sell in the exercise of a profession or business (sole proprietorship, private limited company, partnership, etc.)

4.2. Obligations for professional status
As a professional seller, you are obliged to:

  • Provide a valid VAT number
  • Provide your company name and address
  • Complete KYC verification via Stripe Connect (Article 5)

4.3. Responsibility for correct status
You are solely responsible for choosing your status correctly. EMT may carry out checks and change your status if it appears that your choice was incorrect. Intentionally choosing the wrong status is considered fraud and will lead to immediate blocking of your account.

4.4. Change of status
A change from private to professional is possible at any time. A change from professional to private is only possible after a written request and assessment by EMT.

5. KYC Verification (Stripe Connect) – exclusively for professional sellers

5.1. Verification obligation
As a professional seller, you are legally required to verify your identity before you can offer Lots on the Platform. This obligation arises from Belgian and European anti-money laundering legislation (AML).

5.2. Method of verification
Verification takes place via Stripe Connect. You will be redirected to a secure Stripe environment where you must:

  • Confirm your identity (identity card or passport)
  • Enter your bank account number (IBAN)
  • Possibly take a selfie (if automatic verification fails)
  • Accept the Stripe Connect Service Agreement

5.3. Processing of personal data
EMT only receives a confirmation from Stripe as to whether verification was successful (onboarding_complete = true). EMT does not itself keep copies of your identification document, bank account number, or other sensitive verification data. Stripe is the processor and ensures the secure storage of this data.

5.4. Consequences of non-verification
As long as verification has not been completed, you may not:

  • Place any new Lots
  • Receive payouts from previous sales (if applicable)

5.5. Re-verification
EMT and Stripe reserve the right to carry out periodic re-verification or re-verification following certain events.

6. Terms of Sale and Seller Responsibilities

6.1. General declarations
By offering a Lot, you declare and warrant that:

  • You are the exclusive and unencumbered owner of the vehicle
  • There are no attachments, mortgages, or other encumbrances on the vehicle, unless you expressly and visibly state otherwise
  • The information provided (brand, model, year of manufacture, VIN, mileage, condition, defects) is correct, complete, and not misleading
  • You are permitted to sell the vehicle under applicable law

6.2. Condition and defects
You are obliged to:

  • Accurately describe the condition of the vehicle
  • Clearly state all known defects (technical, cosmetic, documentary)
  • Add photos of defects to the listing

EMT accepts no liability whatsoever for the accuracy of your descriptions.

6.3. VAT responsibility
This is a core provision:

Private: You do not charge VAT. The buyer pays only the bid amount.

Professional seller (within Belgium):

You are responsible for the VAT on the motorcycle (21%). EMT does not invoice on your behalf. You issue an invoice to the buyer using the template EMT makes available in your dashboard.

Professional (other EU country):

You are responsible for the correct VAT treatment (OSS scheme, reverse charge, etc.). You issue the invoice yourself.

You fully indemnify EMT against all claims, fines, or assessments arising from incorrect VAT treatment by you.

6.4. Sale obligation
If a Buyer places a winning bid equal to or higher than your reserve price (or if you have not set a reserve price), you are obliged to sell the vehicle to that Buyer. You cannot refuse the sale on the basis of a price that is too low or other subjective grounds.

6.5. Prohibited conduct
It is prohibited to:

  • Bid on your own Lots
  • Collude with others to artificially inflate the price
  • Finalize a sale outside the Platform with a Buyer you met through the Platform (for as long as the exclusivity period lasts – see Article 13)

6.6. VAT Margin Scheme for Professional Sellers

Professional sellers who sell used motorcycles may apply the VAT margin scheme as provided for in Article 311 et seq. of the EU VAT Directive (2006/112/EC).

a) Activation of the margin scheme

The professional seller may activate the margin scheme via a toggle in their seller dashboard. By activating the margin scheme, the seller declares that:

  • The motorcycle being sold is a used good as defined in the VAT Directive;

  • The seller has purchased the motorcycle from a private individual or from a business that did not charge VAT;

  • The seller is eligible to apply the margin scheme under the VAT laws of their country of establishment.

b) Effect on pricing and invoicing

When the margin scheme is activated by the seller:

  • The bid price set by the seller is deemed to be inclusive of VAT (the VAT is calculated over the seller's profit margin, not over the full selling price);

  • No VAT amount is shown separately on the invoice;

  • The invoice shall contain the mandatory notice: "Margin scheme – used goods";

  • The seller remains fully responsible for the correct calculation, reporting, and payment of VAT on their profit margin to the competent tax authorities.

c) Seller's responsibility

The seller acknowledges and agrees that:

  • EMT does not calculate, collect, or remit VAT under the margin scheme;

  • EMT does not know the seller's purchase price or profit margin;

  • The seller is solely responsible for their VAT obligations, including filing accurate VAT returns and keeping proper records;

  • The seller indemnifies EMT against all claims, fines, penalties, or interest arising from incorrect VAT treatment under the margin scheme.

d) Deactivation

The seller may deactivate the margin scheme at any time via their dashboard. Deactivation applies to future listings only; it does not affect already published auctions or invoices already issued.

e) Cross-border sales

If the seller applies the margin scheme to a sale to a buyer in another EU Member State:

  • The seller may continue to apply the margin scheme of their own country;

  • The invoice must contain the notice: "Margin scheme – used goods";

  • No VAT is charged to the buyer in the buyer's country;

  • The seller remains responsible for VAT compliance in their own country.

For B2B sales, the seller may, in consultation with the buyer, choose not to apply the margin scheme and instead apply the normal rules for intra-Community supplies (0% VAT with reverse charge).


7. Commission and Fees

7.1. Amount of commission
EMT charges a commission of 8% (eight percent) on the winning bid (exclusive of VAT). 21% VAT is charged on this commission.

Example:

  • Winning bid (excl. VAT): €10,000
  • Commission (8%): €800
  • VAT on commission (21%): €168
  • Total payable to EMT: €968

7.2. Method of collection
The commission is automatically deducted from the escrow amount paid by the Buyer. You therefore receive the winning bid minus the commission and the VAT on the commission. You do not need to transfer anything separately to EMT.

7.3. No commission if no sale
If a Lot is not sold (no winning bid above the reserve price), you owe no commission.

7.4. Commission for off-platform sales
If you make a sale with a Buyer you met through the Platform, and you finalize this sale outside the Platform to avoid the commission, you still owe the full commission. In that case, EMT may proceed with invoicing and collection.

7.5. Other fees
In addition to the commission, the following fees may apply (if agreed in advance):

  • Marketing costs for featured listings
  • Professional photography
  • Storage costs (if the vehicle is stored at EMT's premises)
  • Transport costs
  • Expertise or inspection costs
  • Administrative costs for cancellation or withdrawal

8. Payments and Escrow

8.1. Payment by Buyer
The Buyer pays the full amount (bid + any VAT + transaction fees) via the payment service provider Stripe Connect. Stripe holds this money in escrow on EMT's instruction. EMT does not have direct access to these funds and can only release them according to the procedure set out in this agreement.

8.2. Release of funds (no cooldown)
EMT instructs Stripe Connect to release the funds to you immediately after:

  1. You, as seller, have confirmed that you have handed over the motorcycle (via the "I have handed over the motorcycle" button in your dashboard);
  2. The Buyer has confirmed that he/she has received the motorcycle (via the "I have received the motorcycle" button in his/her dashboard).

There is no cooling-off period. The escrow amount is paid out to you immediately after this double confirmation, after deducting the due commission and VAT.

8.3. Payout
After release, the amount (bid minus commission minus VAT on commission) is transferred to your Stripe account. From Stripe, you can then have the funds transferred to your own bank account.

8.4. No interest
No interest is paid on the amount held in escrow.

8.5. Post-payout dispute
If the Buyer opens a dispute after the payout (for example, due to hidden defects or non-conforming description), EMT will act as mediator. In that case, you may be obliged to refund (part of) the amount. If you do not cooperate, your account may be blocked and legal steps may follow (see also Article 11.5).

9. Invoicing (seller invoices themselves – EMT only invoices commission)

9.1. Seller's invoice to buyer
After full payment by the buyer, the seller is legally obliged to issue an invoice to the buyer for the sale of the motorcycle.

EMT makes a template available in the seller's dashboard that the seller can use. This template contains the following blank fields that the seller must complete themselves:

  • Name and address of the seller
  • Name and address of the buyer
  • Date of sale
  • Winning bid (exclusive of VAT)
  • Applicable VAT (0%, 21% or other rate depending on the buyer's country)
  • Total amount

The seller is solely responsible for the accuracy and completeness of this invoice, including the correct VAT treatment. EMT is not responsible for errors in the invoice prepared by the seller.

The following mandatory notice is displayed to sellers on the Platform:
"The seller is legally obliged to issue an invoice to the buyer. Check the invoicing obligations in your country and those of the buyer. EMT is not responsible for the accuracy of the invoice prepared by the seller."

9.2. EMT's invoice to the seller (commission)
EMT issues an invoice to the seller for the commission.
This invoice contains:

  • Your name and address
  • The commission (8% on the winning bid)
  • The VAT on the commission (21%)
  • The statement: "This amount has been deducted from the escrow payout."

9.3. No invoice from EMT to the buyer
The buyer does not receive an invoice from EMT for the motorcycle.
The buyer only receives:

  • The seller's invoice from the vendor(see 9.1)
  • A proforma (payment request) for the transaction fees
  • An invoice from EMT for the transaction fees (2.9% + €0.30 + 21% VAT)

9.4. Your accounting
You are solely responsible for correctly processing these documents in your own accounting. Professional sellers may deduct the VAT on the commission as input tax.

9.5. No self-billing
EMT does not apply self-billing. This is in accordance with the guidelines of the Belgian VAT administration as communicated by the VAT helpline.

10. Title and Delivery

10.1. Transfer of title
Title to the vehicle passes to the Buyer only after:

  • The Buyer has paid the full amount into escrow
  • Physical delivery has taken place
  • You, as seller, have confirmed that you have handed over the motorcycle (via the "I have handed over the motorcycle" button)
  • The Buyer has confirmed that he/she has received the motorcycle (via the "I have received the motorcycle" button)

10.2. Seller's obligations upon delivery
You are obliged to:

  • Make the vehicle available for collection at the agreed place and time
  • Hand over all accompanying documents (registration certificate, service book, keys, etc.)
  • Enable the Buyer to inspect the vehicle

10.3. Risk
The risk of damage, loss, or theft passes to the Buyer at the time of physical delivery.

10.4. Non-collection by Buyer
If the Buyer does not collect the vehicle within the agreed period (maximum 14 days after payment), EMT will contact both parties. In that case, EMT may terminate the agreement and refund the money to the Buyer (after deducting any costs incurred).

11. Disputes with Buyers

11.1. First line: mediation by EMT
If a Buyer opens a dispute, EMT will act as mediator. EMT collects information from both parties (photos, messages, documents) and attempts to reach an amicable settlement.

11.2. EMT's decision-making authority
If no amicable settlement is possible, EMT will make a decision based on the available evidence.
EMT may decide to:

  • Pay out the funds to you (if the complaint is unfounded)
  • Refund the funds to the Buyer (if the complaint is justified)
  • Grant a partial refund to the Buyer

11.3. Limitation of liability
EMT is not a judicial authority. EMT's decision is binding for the escrow release, but parties always retain the right to submit the matter to the competent court.

11.4. Your cooperation
You are obliged to fully cooperate with a dispute procedure. This includes providing requested information, photos, and documents in a timely manner. If you do not cooperate, EMT may decide against you.

11.5. Post-payout dispute (new)
A dispute may also be opened after the escrow amount has already been paid out to you.
In that case:

  • The buyer fills out a form with an explanation and may upload photos;
  • EMT mediates between you and the buyer;
  • If EMT determines that the buyer is entitled to a (partial) refund, you are obliged to repay the relevant amount to EMT;
  • If you do not cooperate, EMT may block your account and take legal steps.

Dispute reasons may include:

  • The motorcycle does not match the description in the listing;
  • Hidden defects that become apparent after delivery;
  • Missing documents or keys;
  • You have not handed over the motorcycle.

12. Indemnification and Liability

12.1. Indemnification
You fully indemnify EMT against all claims, damages, fines, assessments, costs (including reasonable legal costs) arising from:

  • An incorrect, incomplete, or misleading description of your Lot
  • An infringement of third-party rights (e.g., property rights, trademark rights)
  • Incorrect VAT treatment by you
  • Non-compliance with your delivery obligations
  • A dispute with a Buyer (including post-payout)

12.2. Limitation of EMT's liability
EMT is not liable for:

  • Hidden defects in the vehicle
  • The accuracy of information provided by you or the Buyer
  • Fraud or default by the Buyer
  • Indirect damage or loss of profit

EMT's total liability is limited to the amount of the commission paid by you for the relevant transaction, with a maximum of €5,000.

12.3. No warranties
EMT gives no warranties regarding:

  • The marketability of your Lot
  • The final price achieved
  • The solvency of Buyers

13. Exclusivity and Consignment

13.1. Exclusive sales mandate
From the moment a vehicle is registered and accepted by EMT for listing, the Seller grants EMT an exclusive sales mandate.
During this exclusivity period, the Seller undertakes to:

  • not offer the vehicle for sale elsewhere
  • not use any other sales channels
  • not conduct any negotiations outside EMT
  • not conclude any direct sale with interested parties reached through EMT, unless EMT gives prior written consent

13.2. Duration of exclusivity
Exclusivity applies until:

  • (a) 14 calendar days after successful sale through EMT, or
  • (b) the date on which EMT confirms in writing that the vehicle has been validly withdrawn

The longest term prevails if multiple periods coincide.

13.3. Breach of exclusivity
In the event of a breach of this exclusivity obligation, the Seller shall immediately and without notice of default owe damages equal to:

  • the full commission as if the vehicle had been sold at the highest bid price
  • all costs incurred
  • a fixed indemnity of 20% of the advertised value (min. €2,500)
  • any legal and collection costs

13.4. Resale after failed auction
If after the end of an auction no winning bidder is assigned, the Seller expressly agrees that:

  • EMT may offer a resale service
  • EMT may offer the vehicle privately or through an alternative sales process
  • the exclusivity period is automatically extended by 14 calendar days

13.5. No sale obligation for EMT
Nothing in this Vendor Agreement may be interpreted as:

  • an obligation of result
  • a sales guarantee
  • a minimum price commitment
  • or an obligation for EMT to actually sell a vehicle

EMT reserves the right to:

  • not publish a vehicle
  • cancel an auction
  • not accept a bid
  • terminate a listing prematurely, without liability, except in the case of intent or gross negligence

14. Suspension and Termination

14.1. Suspension by EMT
EMT may suspend your seller account immediately and without prior notice if:

  • You act in violation of this Vendor Agreement
  • You commit or attempt to commit fraud
  • You finalize a sale outside the Platform
  • Your VAT number proves to be invalid
  • You do not cooperate with KYC verification
  • You do not cooperate with a refund after a justified dispute (Article 11.5)

14.2. Termination by you
You may terminate your seller account at any time by sending an email to info@epicmotortrading.com. Ongoing auctions will not be affected; you are obliged to complete them.

14.3. Termination by EMT
EMT may terminate your seller account with 14 days' notice. For urgent reasons (fraud, abuse, illegal activities), EMT may terminate immediately.

14.4. Consequences of termination
After termination:

  • You can no longer place new Lots
  • Existing obligations (ongoing sales, disputes) remain in force
  • Any escrow funds still being held will be settled according to the rules

15. Applicable Law and Dispute Resolution

15.1. Applicable law
This Vendor Agreement is governed by Belgian law.

15.2. Competent court
Disputes shall be submitted to the courts of the district where EMT has its registered office (Antwerp, Belgium).

15.3. Amicable settlement
The parties shall first attempt to settle a dispute amicably before having recourse to the courts.

Signature (digital acceptance)

By clicking "I agree to the Vendor Agreement" during the registration process, you declare that:

  • You have fully read and understood this agreement
  • You agree to all provisions
  • You have the authority to enter into this agreement on behalf of yourself or your business
  • You understand that there is no cooling-off period and that the escrow amount will be paid out immediately after double confirmation
  • You understand that a dispute is also possible after payout and that in that case you may be obliged to refund

Date of acceptance: [Automatically recorded]

Epic Trading Group

Signed,

Vochten Niels
05-06-2026

This Vendor Agreement is a supplement to EMT's General Terms and Conditions. In the event of a conflict, this Vendor Agreement shall prevail with respect to the relationship between EMT and the Seller.

APPENDIX: SELLER ONBOARDING FLOW
Part of the Epic Motor Trading Vendor Agreement
Version: 2.0
Last updated: 05-06-2026
Status: Binding for all sellers on the Epic Motor Trading platform

Article 1 – Purpose of the Onboarding Flow

1.1. This onboarding flow describes the mandatory steps that each Seller must complete before being permitted to offer vehicles on the Epic Motor Trading Platform.

1.2. The onboarding flow is an integral and binding part of the Vendor Agreement. By going through and completing the flow, the Seller enters into a legally binding agreement with Epic Trading Group (EMT).

1.3. The onboarding flow ensures that the Seller:

  • Is correctly registered in EMT's systems
  • Has chosen the correct status (private or professional)
  • Has agreed to all applicable terms and conditions
  • (If professional) complies with legal KYC obligations

Article 2 – Overview of the Onboarding Flow

The onboarding flow consists of the following sequential steps:

step 1: Registration  for All sellers

step 2: Choice of status (private / professional) for All sellers

step 3: Entering VAT number and company details for Professional sellers only

step 4: KYC verification via Stripe Connect for Professional sellers only

step 5: Acceptance of the Vendor Agreement for All sellers

step 6: First listing (auction publication) for All sellers

A Seller may only offer a vehicle after all steps applicable to him/her have been fully and successfully completed.

Article 3 – Step 1: Registration

3.1. Creating an account
Before being able to use the Platform as a Seller, the User must create an account via the registration form on the website.

3.2. Mandatory fields
Upon registration, the following fields are mandatory:


Email address: Used for all communication regarding auctions and payments

Password: Minimum 8 characters, containing an uppercase letter, a number, and a special character

First name and last name: As stated on the identity document

Address: Street, house number, postal code, city, and country

Phone number: For making arrangements with Buyers regarding delivery

3.3. Selection of account type
The Seller chooses one of the following account types upon registration:

  • Seller – exclusively for selling vehicles
  • Buyer – exclusively for buying vehicles
  • Both – for both buying and selling

3.4. Confirmation of accuracy
By registering, the Seller declares that all information provided is accurate, complete, and up to date.
Changes must be communicated immediately via the dashboard.

Article 4 – Step 2: Choice of status (private / professional)

4.1. Mandatory choice
After registration, the Seller must choose between the status of private seller or professional seller.

4.2. Private seller
A private seller is defined as a natural person acting for purposes that fall outside their professional or business activities.

Characteristics of a private seller:

  • No VAT number required
  • No KYC verification via Stripe Connect
  • Does not charge VAT to the Buyer
  • Is not required to register for OSS or other VAT schemes

4.3. Professional seller
A professional seller is defined as a natural person or legal entity acting in the exercise of a profession or business.

Characteristics of a professional seller:

  • VAT number is mandatory
  • KYC verification via Stripe Connect is mandatory
  • Is responsible for the correct VAT handling of sales
  • May be required to register for OSS (for cross-border sales)

4.4. Warning for incorrect choice
The Seller is expressly informed that intentionally choosing the "private" status while acting in the exercise of a profession or business is considered fraud.
EMT is entitled in such a case to:

  • Immediately block the account
  • Reclaim the legally due VAT retroactively
  • Charge a penalty of at least €1,000
  • File a criminal complaint if the facts are serious

4.5. Change of status
A change from private to professional is possible at any time. A change from professional to private is only possible after a written request and approval by EMT, and after all tax obligations have been met.

Article 5 – Step 3: Entering VAT number and company details (professional sellers only)

5.1. Mandatory fields for professional sellers
A professional seller is required to enter the following details:


VAT number: Validated via the European Union VIES database

Company name: The official trade name or company name

Company address: The registered office address of the business

Enterprise number: The business number as registered with the Crossroads Bank for Enterprises

5.2. Validation of the VAT number
EMT automatically validates the VAT number provided by the Seller via the VIES database (VAT Information Exchange System). If the VAT number cannot be validated, the Seller is requested to check the number and re-enter it.

5.3. Consequences of an invalid VAT number
As long as the VAT number has not been validated, the Seller cannot offer vehicles on the Platform. If the invalidity persists, EMT reserves the right to block the account.

Article 6 – Step 4: KYC verification via Stripe Connect (professional sellers only)

6.1. Legal obligation
KYC verification (Know Your Customer) is a legal obligation arising from Belgian and European anti-money laundering legislation (AML). Without successful completion of this verification, the professional Seller is not permitted to offer vehicles or receive payouts.

6.2. Execution by Stripe Connect
KYC verification is carried out by Stripe Connect, a certified payment service provider. The Seller is redirected to a secure Stripe environment where the following data is collected and verified:


Identity document (passport or identity card): Identity verification

Bank account number (IBAN): For payouts

Possible selfie: Biometric verification (if automatic verification fails)

6.3. Processing of personal data
EMT receives from Stripe only a confirmation of the verification status (passed or failed). EMT does not itself keep copies of identity documents, bank account numbers, or selfies. Stripe acts as a processor within the meaning of the General Data Protection Regulation (GDPR).

6.4. Status overview
The Seller can see the following statuses in their dashboard:

Status                                                 Meaning                                                                               Action

Not started:               The Seller has not yet started verification                                             Click "Verify now"

Pending:                Stripe is performing the verification (may take 1-2 business days)                    Wait

Verified:                           Verification has succeeded                                                     Offering vehicles is possible

Failed:                      Verification has failed (e.g., unclear photo)                                        Try again or contact support

6.5. Retries in case of failed verification
In the event of failed verification, the Seller has a maximum of three (3) attempts to complete verification. After three failed attempts, the account is automatically blocked for sales. In that case, the Seller may contact EMT's customer service for further assistance.

6.6. Validity period of verification
Once completed, verification remains valid for as long as the account is active. However, EMT and Stripe reserve the right to carry out periodic re-verification or re-verification following certain events (such as a change of bank account number or suspicion of fraud).

Article 7 – Step 5: Acceptance of the Vendor Agreement

7.1. Display of the agreement
Before the Seller can offer their first vehicle, the full Vendor Agreement is displayed in a scrollable window. The Seller is expected to read the agreement carefully.

7.2. Mandatory acceptance checkboxes
To accept the Vendor Agreement, the Seller must check the following boxes:

  • ☐ I have read and understood the Vendor Agreement.
  • ☐ I agree to the commission of 8% + 21% VAT, which will be automatically deducted from the payout.
  • ☐ I understand that as a seller, I must issue an invoice to the buyer myself. EMT provides a template for this, but I am responsible for its accuracy.
  • ☐ I understand that as a seller, I am responsible for the correct VAT handling of my sales.
  • ☐ I understand that EMT does not issue an invoice to the buyer on my behalf.
  • ☐ (Professional sellers only) I understand that KYC verification via Stripe Connect is mandatory and that without this verification I cannot offer vehicles.
  • ☐ I agree to the processing of my personal data as described in the privacy statement.
  • ☐ I understand that there is no cooling-off period and that the escrow amount will be paid out immediately after double confirmation.
  • ☐ I understand that a dispute is also possible after payout and that in that case I may be obliged to refund.

7.3. Final acceptance
After checking all required boxes, the Seller can click the "I agree" button. By this action, the Seller enters into a binding agreement with EMT.

7.4. Storage of acceptance
EMT stores the following data for each acceptance as proof of the formation of the agreement:

  • Date and time of acceptance (recorded in the database)
  • IP address of the Seller at the time of acceptance
  • Version number of the accepted Vendor Agreement
  • Which acceptance checkboxes were checked

This data is kept for as long as the Seller's account is active and for seven (7) years after termination of the account, in accordance with the statutory retention obligation.

7.5. Access to the accepted agreement
The Seller can at any time view and download as a PDF the version of the Vendor Agreement they accepted from their dashboard.

Article 8 – Step 6: First listing (auction publication)

8.1. Access to the listing form
After all previous steps have been successfully completed, the Seller is granted access to the listing form.

8.2. Condition for professional sellers
For professional sellers, the listing form is only available after:

  • The VAT number has been successfully validated (Article 5)
  • KYC verification via Stripe Connect has been completed with the status "Verified" (Article 6)
  • The Vendor Agreement has been accepted (Article 7)

8.3. Confirmation first publication
Before the first auction is published, confirm  with the following information:

Check your details:

  • Status: [Private / Professional]
  • VAT number: [if professional]
  • Payout account: [last 4 digits – professionals only]
  • ☐ I confirm that all the above information is correct.
  • ☐ I confirm that I will ensure a correct invoice is issued to the buyer, as described in Article 9 of the Vendor Agreement.
  • ☐ I confirm that I understand that the escrow amount will be paid out immediately after double confirmation and that there is no cooling-off period.

8.4. Creating and publishing an auction (draft and publication process)

Creating and publishing an auction follows the steps below:

a) Filling in required fields – The seller must correctly and completely fill in all required fields of the advertisement, including brand, model, year, mileage, condition, a detailed description, clear photos (minimum 10), and any known defects.

b) Save as draft – After the seller has filled in all required fields, he can save the advertisement as a draft. In this status, the advertisement is not yet visible to other users. The seller can reopen the draft at any time and make changes.

c) Publish for approval – When the seller fully agrees with the information entered, he clicks "Publish". The advertisement is then submitted to the admin for review. From that moment on, the seller can no longer edit the advertisement himself. If the seller wishes to make changes after publishing, he must contact the admin.

d) Admin review – The admin checks the advertisement for completeness, accuracy, and compliance with the platform rules. If the advertisement does not meet the requirements (e.g., missing photos, incorrect information), the admin informs the seller of the required changes. The seller makes the corrections, after which the advertisement is submitted for review again.

e) Approval and publication – When the advertisement meets all requirements, the admin approves it. The advertisement is now permanently published on the platform.

f) Week 1 (visibility without bidding) – After publication, Week 1 starts. During this period, the auction is visible to potential buyers, but no bids can be placed yet. This is meant to generate attention and collect questions.

g) Week 2 (live bidding) – After Week 1 ends, Week 2 starts. From that moment on, registered users can place bids on the lot. The auction ends at the set end time, with possible automatic extension if bids are placed in the last 2 minutes.

h) Changes after publication – After publication (from step d onward), the seller cannot make changes without admin intervention. For urgent or minor corrections (e.g., typos), the seller contacts the admin, who can make the change after assessment.

Article 9 – Progress tracking

9.1. Dashboard indicator
The Seller's dashboard always shows which steps of the onboarding flow have already been completed and which still need to be completed.

The indicator shows:

text

[✓] Step 1: Registration

[✓] Step 2: Status chosen (Professional)

[✓] Step 3: VAT number validated

[✓] Step 4: KYC verification (Stripe)

[ ] Step 5: Accept Vendor Agreement

[ ] Step 6: First listing

9.2. Reminders
EMT automatically sends the Seller reminders if certain steps remain incomplete for an extended period:

Period                                                              Reminder

7 days after registration                  Email: "Your registration is almost complete – complete your KYC verification"

14 days after registration                Email: "Last chance to verify your account"

30 days after registration                Email: "Your account will be deactivated due to inactivity"

Article 10 – Blocking for non-compliance

10.1. Automatic blocking
EMT reserves the right to block (temporarily or permanently) a Seller's account if:

  • The Seller fails to complete KYC verification within thirty (30) days of registration (professional sellers)
  • The Seller fails to accept the Vendor Agreement within fourteen (14) days of registration
  • The Seller provides incorrect or fraudulent information
  • The Seller's VAT number proves to be invalid

10.2. Consequences of blocking
When the account is blocked, the Seller:

  • Cannot offer new vehicles
  • Cannot receive payouts (existing escrow funds remain frozen)
  • Cannot use the Platform's functionalities

10.3. Restoration after blocking
A blocked account may be restored after the Seller has completed all required steps retroactively. EMT is entitled to charge an administrative fee for reopening the account.

Article 11 – Final provisions

11.1. Binding nature
This onboarding flow is an integral and binding part of the Vendor Agreement. By going through and completing the flow, the Seller accepts all rights and obligations as set out in the Vendor Agreement, the General Terms and Conditions, and the Privacy Statement.

11.2. Amendments
EMT reserves the right to amend this onboarding flow from time to time. Amended versions will be published on the Platform and apply to new sellers. For existing sellers, the amended terms apply thirty (30) days after announcement, unless the Seller terminates the agreement earlier.

11.3. Applicable law
Like the Vendor Agreement, this onboarding flow is governed by Belgian law.

11.4. Competent court
Disputes concerning the interpretation or execution of this onboarding flow shall be submitted to the courts of the district where EMT has its registered office (Antwerp, Belgium).

Signature (digital acceptance)

By going through the onboarding flow and clicking "I agree", the Seller declares:

  • That he/she has fully completed the onboarding flow
  • That he/she has truthfully filled in all information provided
  • That he/she has fully read and understood the Vendor Agreement
  • That he/she agrees to all provisions contained therein
  • That he/she has the authority to enter into this agreement on behalf of himself/herself or his/her business
  • That he/she understands that there is no cooling-off period
  • That he/she understands that a dispute is also possible after payout

Date of acceptance: [Automatically recorded by the Platform]
IP address: [Automatically recorded by the Platform]
Version number: 2.0

Epic Trading Group

Vochten Niels
05-06-2026

This onboarding flow is an appendix to and part of the Epic Motor Trading Vendor Agreement.

 

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