Exhibit 10.2 Types of forward auctions Liquidation Auctions Seek first t maximIze exIsting Seek lowest price channels and Auction on widely reduce inventory Supplies Customers available goods before using and services auction Disincentives to use auction shrink pply over ti Market Efficiency Auctions Prefer market Seek access to ormat that maximizes Supplies Auction CustomersI unique/rare products or visibility with services potential buyers Incentives to use auction increase supply over time Electronic Commerc Prentice Hall 2006Electronic Commerce Prentice Hall © 2006 8 Exhibit 10.2 Types of Forward Auctions