Lifetime Repurchase Guarantee Tom Omidi’s paintings are guaranteed to be repurchased from the original buyer according to the following policy: 1) A Certificate identifying the purchaser, price, date of purchase, and artwork will be issued upon buyer’s request from the artist, in person or by an e-mail sent to Tom.Omidi@gmail.com, within fifteen days of the purchase. 2) The artwork submitted for repurchase must be in its original, excellent condition, as normally expected for a similar painting. 3) The repurchase price is calculated according to the following formula: A. For paintings purchased directly from the artist: i) Returns within the first year of purchase: 60% of the original price. ii) Returns within the second year of purchase: 70% of the original price. iii) Returns within the third year of purchase: 80% of the original price. iv) Returns after the third year of purchase: 90% of the original price. B. For paintings purchased from a gallery: (A certificate must’ve been issued by the artist according to Clause 1 above.) The percentages and guidelines in (A) apply to this category as well. However, the deemed price of the painting for refund purposes is considered to be 50% of the amount paid to the gallery for the painting. The guarantee applies only to artist’s net proceeds, which is usually 50% of the gallery price. 4) Lifetime guarantee refers to the life of the artist plus forty months. The estate of the artist will honor all refunds within the stated timeframe. 5) To ensure that cash for refunds are always available, 50% of all sale proceeds are maintained in a trust account. | 
