Seller Agreement

This Seller Agreement ("Agreement") is a legally binding contract between you ("Seller", "you") and NoLie, Inc. ("NoLie", "we", "us", or "our"). This Agreement governs your use of the NoLie platform to create listings, sell physical collectible items, and receive payouts.

This Agreement is incorporated into and subject to the NoLie Terms of Service ("Terms"). In the event of a conflict, the Terms control except where this Agreement explicitly governs seller-specific obligations.

By creating a Seller account or publishing a listing, you agree to this Agreement.

1. Eligibility and Account Requirements

To sell on NoLie, you must:

• Be at least 18 years old (or age of majority in your jurisdiction)
• Complete payout onboarding through Stripe or an approved payout partner
• Complete identity verification as required by NoLie
• Provide accurate tax, identity, and contact information
• Maintain an account in good standing

You may not create listings on behalf of another person or entity without authorization.

2. Marketplace Relationship

NoLie operates a technology marketplace.

Sellers acknowledge that:

• You are the seller, not NoLie
• You transact directly with the buyer, whether the sale occurs at flat price, by accepted offer, or by winning bid
• NoLie is not the merchant of record for third-party listings
• NoLie does not inspect, store, or ship items unless acting as seller of record
• NoLie does not control fulfillment quality or timing

Sellers operate as independent users, not employees, agents, or partners of NoLie.

3. Seller Responsibilities

3.1 Accurate Listings

Sellers must provide truthful, complete, and non-misleading listings, including:

• Clear photographs of the actual item being sold (stock photos are not permitted)
• Card name, set, year, and any other identifying details
• Grading company and grade (if applicable)
• Condition description and any known defects or damage
• Any limitations, requirements, or exclusions

The listing defines the scope of your obligation.

3.2 Authenticity

Sellers represent and warrant that all items listed are authentic and not counterfeit, forged, trimmed, resealed, altered, or misrepresented in any way. Listing counterfeit items may result in immediate and permanent account termination and may be reported to law enforcement.

3.3 Fulfillment

Sellers are solely responsible for fulfilling sales, including:

• Shipping physical items securely and with tracking
• Packaging items appropriately to prevent damage in transit
• Using the shipping label provided by NoLie when available

Fulfillment must occur within 2 business days of order confirmation.

Letter mail final sale. Items shipped via letter mail (for example, USPS First-Class Mail Letter) are final sale. The NoLie Guarantee does not apply, and returns, tracking, and insurance are not available. This is disclosed to buyers at checkout.

3.4 Communication

Sellers must communicate reasonably and professionally with buyers. Failure to respond or repeated delays may result in enforcement action.

3.5 Legal Compliance

Sellers are responsible for:

• Taxes and reporting (including 1099 obligations)
• Customs and shipping compliance
• Legality of all items listed
• Ownership of all items listed
• Compliance with local, state, federal, and international laws

3.6 Tax Exemption and Resale Certification

Sellers who purchase items on the Platform for resale may apply for sales tax exemption by uploading a valid resale certificate or seller's permit during account registration or at any time through their account settings.

To qualify for resale-exempt purchasing, sellers must:

• Hold a valid seller's permit or resale certificate issued by their state of operation
• Upload a copy of the certificate during onboarding or through account settings
• Ensure the certificate remains current and notify NoLie of any changes to their tax-exempt status
• Use the resale exemption only for items genuinely intended for resale

NoLie verifies submitted documentation and tags qualifying accounts as resale-exempt. Resale exemption is supported in states where NoLie's tax provider recognizes the certificate; coverage is published on the Platform and may expand over time.

Misuse of the resale exemption, including purchasing items for personal use under a resale certificate, is prohibited and may result in account termination. The seller is solely liable for any uncollected sales tax, penalties, and interest resulting from misuse. NoLie retains all resale certificates as required by applicable state law and may share this documentation with state tax authorities upon request.

3.7 Cross-Listing

Sellers may list items on platforms outside of NoLie. If an item sells on another platform, the Seller must promptly remove or cancel the corresponding NoLie listing to prevent a double-sale. Failure to do so may result in cancellation of the duplicate sale, fee charges, or enforcement action.

4. Prohibited Items and Activities

Sellers may not list or sell:

• Counterfeit, replica, or forged items
• Trimmed, altered, or resealed items not disclosed as such
• Stolen property
• Weapons, firearms, ammunition, explosives
• Drugs or controlled substances
• Hate speech or violent content
• Items requiring licenses you do not possess
• Fraudulent or misleading listings
• False, expired, or fraudulent tax exemption documentation
• Anything illegal in the seller's or buyer's jurisdiction

NoLie may remove listings or accounts that violate these rules.

5. Sales and Fulfillment

Sellers agree that:

• Successful purchases (whether at flat price, by accepted offer, or by winning bid) are final and create a binding obligation to fulfill
• Listings may not be modified in ways that affect a pending sale (for example, editing an auction after bids have been placed, a BIN listing under reservation, or a fixed-price listing with an active accepted offer)
• Shill bidding (bidding on your own items or coordinating bids) is strictly prohibited and may result in immediate permanent account termination
• Off-platform transactions related to NoLie listings are prohibited

5.1 NoLie Guarantee

NoLie offers buyers the NoLie Guarantee: a full refund if the item doesn't arrive, or if it is significantly not as described (wrong item, wrong grade, undisclosed damage, or materially worse condition than the listing). The Guarantee runs for a 48-hour window after delivery confirmation. Letter mail orders are exempt as noted in §3.3.

5.2 Failure to Fulfill

Failure to fulfill may result in:

• Payout reversal
• Account suspension
• Permanent removal
• Legal liability

6. Fees and Payouts

6.1 Platform Fees

NoLie charges fees on sales. The current fee schedule, including any seller fees, listing fees, buyer premiums, and payment-processing pass-throughs, is disclosed at the time of listing or purchase and may change with notice. Fee structures may vary by listing type.

Reduced fee programs (such as the 1st Edition Seller Program) may apply to qualifying Sellers; current terms are published on the Platform.

6.2 Payout Timing

Sellers acknowledge that:

• Payouts release to the Seller's Stripe Connect balance after delivery confirmation, subject to any holds NoLie applies under §6.3
• Stripe transfers funds to the Seller's bank on the Seller's configured payout schedule
• NoLie may delay, hold, or reverse payouts for disputes, fraud or compliance review, or other risk-based holds (including new-seller trust tiers)

6.3 Withholding and Reversals

NoLie may withhold or reverse payouts if:

• An item is not delivered
• A dispute or chargeback is opened
• Fraud or misconduct is suspected
• An item is determined to be counterfeit or materially misrepresented
• This Agreement or the Terms are violated

7. Intellectual Property

By uploading photos, descriptions, or other content, you grant NoLie a non-exclusive, royalty-free, worldwide license to use that content for operating and promoting the Platform.

You represent that you own or have the right to use all content you upload.

8. Indemnification

Sellers agree to indemnify and hold harmless NoLie from any claims, damages, losses, or expenses arising out of: listings, fulfillment, authenticity disputes, shipping issues, tax obligations or misrepresentation of tax-exempt status, legal violations, or any breach of this Agreement.

9. Termination

Either party may terminate this Agreement at any time. NoLie may suspend or terminate your Seller account immediately for policy violations, fraud, or any conduct that harms the Platform or its users.

Upon termination, you remain responsible for all pending orders and obligations. NoLie may withhold payouts for pending disputes or compliance review.

10. Modifications

NoLie may update this Agreement at any time. The current version is always available on the Platform. Continued use after changes take effect constitutes acceptance.

11. Governing Law

This Agreement is governed by the laws of the State of Delaware, consistent with the Terms of Service.

12. Contact

NoLie, Inc. A Delaware C-Corporation Email: support@nolie.com