K-LOT Privacy Policy

Effective Date: November 24, 2025

This Privacy Policy explains how K-BID Online, Inc. ("K-BID", "we", "our") collects, uses, and protects information within the K-LOT Application. K-LOT is an internal tool for K-BID Independent Affiliates and is not available to the general public.

1. Information We Collect

K-LOT may collect or process the following types of information:

a. User and Account Information

b. Auction and Catalog Content

K-LOT is not intended to capture sensitive personal financial data. You agree not to input credit card numbers, bank account numbers, social security numbers, or similar highly sensitive information into K-LOT.

2. How We Use Information

We use the information collected through K-LOT to:

Information collected through K-LOT is used solely in connection with K-BID platform operations and is not sold or shared with third party advertisers.

3. Legal Basis and Relationship to Affiliate Agreement

K-LOT is provided as part of K-BID's services to its Independent Affiliates. Our use of information collected through K-LOT is governed by these Terms, your Independent Affiliate Agreement, and applicable laws. In general, processing is necessary to perform our contractual obligations, operate the platform, and comply with legal requirements.

4. Data Sharing and Service Providers

We may share information collected through K-LOT in the following limited ways:

We do not sell, rent, or trade data collected through K-LOT to third parties for their own marketing purposes.

5. Data Security

We use industry standard technical and organizational measures to help protect information collected through K-LOT against accidental or unlawful destruction, loss, alteration, unauthorized disclosure, or access.

These measures may include encrypted connections, access controls, logging, and internal policies for data handling. However, no system can be guaranteed to be completely secure, and you acknowledge that you share responsibility for security by safeguarding access to your devices and credentials.

6. Data Retention

Information collected through K-LOT may be retained for as long as necessary to:

Data associated with your auctions may continue to be retained within the K-BID platform and internal systems even if you stop using K-LOT or your affiliate relationship ends, subject to K-BID policies and applicable law.

7. Your Responsibilities

As an Affiliate, you are responsible for ensuring that your use of K-LOT and K-BID systems complies with applicable data protection and privacy laws in your jurisdiction, including with respect to any seller or property information that you enter into the system.

You are also responsible for keeping your K-LOT credentials confidential, managing access by your staff, and promptly notifying K-BID of any suspected unauthorized access or data breach related to your use of K-LOT.

8. Access, Correction, and Requests

If you have questions about the information collected through K-LOT, or if you believe that certain information is inaccurate or requires correction, you may contact K-BID using the contact information below.

We will review and respond to reasonable requests consistent with our legal obligations and internal policies.

9. Changes to This Privacy Policy

We may update this Privacy Policy from time to time as the K-LOT Application or legal requirements evolve. When we make material changes, we will provide notice through one or more of the following:

Your continued use of K-LOT after such updates are posted will constitute your acceptance of the revised Privacy Policy.

10. Contact Information

For questions about this Privacy Policy or privacy practices related to K-LOT, please contact:

K-BID Online, Inc.
Attn: Privacy Officer
Email: support@k-bid.com
Website: www.k-bid.com