Membership Committee Meeting Workbook September 10, 2012 1:00 P.M. – 4:00 P.M.

The Drake Hotel Chicago, IL

The Tudor Room

Membership Committee Roster

Ed Krause, Chairman Ebonee M. Fitzgerald, Staff Liaison Ron Shuster, AEA, Officer Liaison Steve Bignell, CEA Brian Epstein Richard Goldstein, AEA John Marshall Mark Reynolds, CEA Melissa Schroeder-Engelhart George Scott, IV John Taucher Craig L. Ward, CEA Terry Yoder

Membership Committee Meeting September 10, 2012 1:00 PM – 4:00 PM

The Drake Hotel Chicago, Illinois

Agenda

1. Call to Order and Welcoming Remarks

2. Review and Approval of Minutes

3. Two Prospective Members

4. Two Owners Leaving to Form a New Company 5. Two Ownership Changes

6. Four Resignations

7. Dues Status 8. Old Business

9. New Business 10. Adjournment

Current MDNA Membership as of April 2012 By Category: Regular Total 260 Regular 259 R-Branch 1 Auctioneer Total 63 Auctioneer 53 (15% of 349 = 52.35) Au-Branch 10 Senior 4 International 19 International Branch 0 [Emeritus *3] Total 349 *Members Emeritus are included in the total only for the 10% rule. Members Emeritus include: Harvey Eisen, Harry Mison, David Schwartz CHAPTER MEMBERSHIP Canadian 24 Chicago 54 Cleveland 20 Detroit/Toledo 45 European 17 Milwaukee/Minneapolis 20 New England 28 New York/New Jersey 23 Ohio 19 Philadelphia 18 Southeast 28 Southwest 17 West Coast 33

Total 346

Draft Report of: Membership Committee Meeting Minutes April 25, 2012 San Diego, California Members Present Chris Walker, CEA, Chairman Kim Khoury, CEA, Officer Liaison* Brian Epstein Richard Goldstein, AEA Alan Hariton Ed Krause Mark Reynolds, CEA Curt Roskelley, CEA Melissa Schroeder-Engelhart George Scott IV Craig L. Ward, CEA Terry Yoder

Guest Present Paul Lashin, CEA, MDNA President* Staff Present Ebonee Fitzgerald, Staff Liaison Members Absent Steve Bignell, CEA John Marshall

*Not present for entire meeting. The following report was prepared in accordance with the attached agenda: Call to Order and Welcoming Remarks The meeting was called to order at 1:06 p.m. Chairman Walker thanked everyone for attending the meeting. Review and Approval of Minutes of Last Meeting After proper motion and second, it was carried that the minutes of the January 2012 meeting be approved as presented.

Prospective Members After proper motion, second and discussion, it was carried that

the Membership Committee recommends to the Board that the following firms be accepted for membership in the category and chapter indicated:

HGR Industrial Surplus (Regular, Cleveland) (10 yes; 0 no; 0 abstention) Midwest Machinery, LLC (Regular, Detroit/Toledo) (10 yes; 0 no; 0

abstention) Sanson Machinery Group (Regular, West Coast) (10 yes; 0 no; 0 abstention) Industrial Assets Machinery (Regular, West Coast) (8 yes; 1 no; 1 abstention)

Name Change After proper motion and second, it was carried that

the Membership Committee report to the Board the following name change: Wheeler Machinery Sales, a sole proprietor, has changed its name to Wheeler Machinery Sales Inc.

Ownership Change After proper motion and second, it was carried that

the Membership Committee recommends to the Board that the following ownership change be accepted: Wheeler Machinery Sales, Inc. is now owned by Dan Wheeler.

Resignation After proper motion and second, it was carried that

the Membership Committee recommends to the Board that the resignation of the following company be accepted: Boulanger Machinerie Inc. (Regular, Canada) Team Machine Tools Inc. (Regular, Canada)

Dues Status Chairman Chris Walker gave an updated report on the dues status. He stated that there were 8 members who haven’t paid their dues and 5 members who only may a partial payment but were not on the Automatic Payment Plan. After proper motion and second, it was carried that

the Membership Committee recommends to the Board to terminate the membership of the following members if their dues are not paid in full, they get on the Automatic Payment Plan, or submit a letter of resignation by May 31st:

MAK Press & Machinery Co. TNT Industrial S & S Machinery Corp. GPI Equipment Co. Strong Machinery Corp. EquipNet, Inc. Great American Group (New York/New Jersey) Great American Group (New England) Sunbelt Machinery, Inc. Gallery of Machines Beta Die Casting Equipment

BlackHawk Machinery Corp. Richlin Machinery Inc. Old Business Serial Number Reference Book Chairman Chris Walker mentioned that the Serial Number Reference Book (SNRB) has been reformatted as a searchable PDF with live links. The Board received a copy at the January meeting. Currently, the SNRB is being put on CD-rom and distributed as a member benefit to those members who have paid their 2012 membership dues. 30-Day Return Policy Chairman Chris Walker passed out the research results of copywriting the MDNA 30-day return policy. The research was done to see if copywriting was the way to go or should we be taking another route (i.e., trademark). Based on the research, the committee felt that the 30-day return policy would fall into the trademark category for what we are trying to accomplish. New Business Chapter Challenge The 2011-12 Abbott-DiPaolo Chapter Challenge ended March 30th. Mark Reynolds stated that the Chapter Challenge was just as successful as the first year. It was mentioned that the chapters of the winning division would be awarded at the Annual meeting on Saturday. Membership Think Tank Ideas Officer Liaison, Kim Khoury mentioned that the Board would like the Membership Committee to implement Think Tank Idea #6 (create a mentor program for new members). The mentor program would assist prospective members with the application process and follow the new member for the first year of membership. This will help strengthen the chapters, assist in getting new members and cut down on issues at the committee meeting. committee member, Terry Yoder, volunteered to work with Charles Winternitz, AMEA President, to get suggestions on how AMEA has implemented their effective mentor program. Chairman Chris Walker asked the committee for suggestions on benefits to look in to. It was suggested that Locator Services should be a better benefit to MDNA members; also having a company statistic program. Committee member Curt Roskelley suggested that we need to have more benefits and identify who we are. Curt also suggested partnering with corporate accounts that give member benefits such as: Nova, Hertz, Shipping Plus, Visa and various hotels. Committee member, George Scott IV mentioned that networking is our #1 benefit; it’s not the little things/tangibles. He also stated that some people get better discounts through AAA and AARP. Chairman Walker asked the committee to continue to look for additional benefits that could be offered to MDNA members. After proper motion and second the meeting was adjourned at 2:30 p.m.

Prospective Members The following applications are presented for consideration. Each entry includes

the following information, if applicable: name, address, telephone, fax number, e-mail, and web site of the applicant; name(s) of principal(s) and number of years each has been buying and selling used machinery; year the company was established; specialty of the applicant; years of previous membership (if applicable); applicant’s prospective chapter and that chapter’s current membership; membership category of the applicant; sponsors and chapter (if different from applicant’s); month(s) when the application was announced in the MDNA News Biweekly; and the official vote on the applicant and whether it was a meeting vote or a mail ballot. New York/New Jersey - 23 Tiger Remarketing Services - Auctioneer Address: 708 Third Avenue, New York, NY 10017 Phone: +1 800 758 8443 Fax: +1 805 497 4999 Email: lgarten@tigergroupllc.com Web Site: www.tigergroupllc.com Principal(s): Jeff Tanenbaum Sponsors: Koster Industries Inc. (Auctioneer MDNA member since 1990)

Yoder Machinery Sales (Regular MDNA member since 1990) Established: June 2010 Specializes in: Machinery – All Types Published: News Biweekly 10-25-2011 Chapter Vote: Approved: Aye 11, Nay 0, Abstention 0 (Fax Ballot) West Coast - 33 LiquiTec Industries, Incorporated/Accuval Associates – Auctioneer Branch Address: 5850 Canola Avenue, 4th Floor, Woodland Hills, CA 91367 Phone: +1 818 710 3684 Fax: +1 262 240 8956 Email: mswirksy@liquitec.net Web Site: www.liquitec.net Principal(s): Rick Schmitt, Andy Gronik, Marc Swirsky Sponsors: FL Sales Inc. (Regular MDNA member since 1998)

Machinery Resources International (Regular MDNA member since 1998) Established: 1981 Specializes in: Machinery – All Types Published: News Biweekly 08-22-2012 Chapter Vote: Approved: Aye 10, Nay 0, Abstention 0 (Fax Ballot)

Owner Leaving to Form a New Company According to the By-Laws, Section A, Membership, Item 10:

“The Board, without prior approval of a Chapter, will consider applications for membership from owner-members who leave companies to form new companies. Election will require an 80 percent affirmative vote by the Board.” James Graff a principal of Graff-Pinkert & Co., Inc. is now the owner of Graff Machine Tools, LLC Chicago-54 Graff Machine Tools, LLC – Regular Address: 1959 Burr Oaks Lane, Highland Park, IL 60035 Phone: +1 708 217 2476 Fax: +1 847 400 0790 E-mail: sales@graffmachine.com Web: www.graffmachinetools.com Principal(s): James Graff Sponsors: Blumberg Machinery Company (Regular MDNA member since 2005)

Universal Automatics Inc. (Regular MDNA member since 2004) Established: January 2011 Specializes in: Screw Machines, CNC/Swiss, Rotary Transfer and Machining

Centers Published: News Biweekly 08-22-2012 Carl Miceli a principal of American Auctions and Appraisals, Inc. is now the owner of Miceli Appraisers & Liquidators Inc. Philadelphia – 18 Miceli Appraisers and Liquidators Inc. - Auctioneer Address: 171 Willis Street, Westminster, MD 21157 Phone: +1 410 655 2169 Fax: +1 410 655 1263 E-mail: cmiceli@maalinc.com Web: www.maalinc.com Principal(s): Carl Miceli Sponsors: Centra Corporation (Regular MDNA member since 1995)

GoIndustry DoveBid (Auctioneer MDNA member since 1982) Established: 2011 Specializes in: Used Metalworking Machinery Published: News Biweekly 08-22-2012 Ownership Change According to the By-Laws, Section A, Membership, Item 9(a):

"When there is a change in the ownership or the active management of a member company, the Professional Staff Director must be notified by the company, after which the Board of Directors must review this membership. After this review and within six months of the time the Professional Staff Director has been notified, a majority of the Board may vote to remove this company from membership in the MDNA.”

1) Corporate Assets Inc. is now owned by Ryan Haas. Ron Haas passed away February 2011. 2) DiPaolo CNC Retrofit was previously solely owned by Claudia DiPaolo. Today, it is owned by Nelson Martins, Tina Martins and Claudia DiPaolo. Nelson Martins is the President of DiPaolo CNC Retrofit as well. Resignation According to the By-Laws, Section A, Membership, Item 12:

"The Board shall accept the written resignation from a member whose dues and financial obligations to the Association are paid and who has no formal charges filed against him."

The following resignations have been submitted: GPI Equipment, Inc. – New York/New Jersey Address: 500 East Main Street, Jefferson Valley, NY 10535 Principal(s): Mr. George Ponte Category/Joined: Regular/2000 Reason: Matthew Mager has left the firm so they feel there is no need for them to carry

on with membership Great American Group – New England Address: 10 Kearney Road, Ste. 200, Needham, MA 02492 Principal(s): Mr. Paul Brown Category/Joined: Auctioneer Branch/2005 Reason: They no longer have anyone in that region and do not have plans to add anyone Machine Resales, LLC– Detroit/Toledo Address: 8966 Frederick, Livonia, MI 48150 Principal(s): Ms. Rene Warren, CEA Category/Joined: Regular/2009 Reason: Health issues Strong Machinery Corp. – Chicago Address: 501 18th Avenue, Rockford, IL 61104 Principal(s): Mr. Starker White Category/Joined: Regular/2000 Reason: Has been unable to attend any chapter meeting and events and cannot

rationalize maintaining a membership in the MDNA without full participation. Dues Status As a result of the Board vote at the April meeting, the following members paid their 2012 membership dues in full:

Beta Die Casting Equipment BlackHawk Machinery Corp.

EquipNet, Inc. Gallery of Machines Great American Group (New York/New Jersey) MAK Press & Machinery Co. Richlin Machinery Inc. S & S Machinery Corp.

As a result of the Board vote at the April meeting, the following members got on the Automatic Payment Plan to pay their 2012 membership dues:

Sunbelt Machinery, Inc. TNT Industrial

As a result of the Board vote at the April meeting, the following members submitted a letter of resignation and are reflected in the list of resignations above:

GPI Equipment Co. Great American Group (New England) Strong Machinery Corp. Information only Old Business Chapter Challenge The 2011-12 Abbott-DiPaolo Chapter Challenge ended March 30th. Division II were the winners, this consisted of the Chicago, Southeast and Southwest Chapters. Disbursement of the 2011-12 Chapter Challenge winnings is in process. The Southeast chapter decided to use the money towards their chapter event in October. We are waiting to hear back from the remaining winning Chapters (Chicago and Southwest) to see how they want their funds dispersed. Information only New Business Membership Think Tank Idea #6 – Create a mentor program for new members At the April Committee meeting Officer Liaison, Kim Khoury mentioned that the Board would like the Membership Committee to implement Think Tank Idea #6. The mentor program would assist prospective members with the application process and follow the new member for the first year of membership. The idea is that this will help strengthen the chapters, assist in getting new members and cut down on issues at the Committee meeting. Committee member, Terry Yoder, volunteered to work with Charles Winternitz, AMEA President, to get suggestions on how AMEA has implemented their effective mentor program.