If NADA does not accept Exhibitor's application for a reason other than non-payment or cancellation by Exhibitor, NADA will refund any deposit paid to NADA by Exhibitor for the 2021 Expo. In the current COVID-19 environment, should the NADA Show be cancelled exhibitor will be refunded by NADA for booth payments previously made minus $3,400 for Exhibitor's virtual listing.
Exhibitor agrees to pay the following amounts as liquidated damages, and not as a penalty, in the event Exhibitor cancels or downsizes its Contract in the time periods specified. Cancellation or space reduction on or before September 15, 2020 - 15% of the full exhibit rental price; cancellation or space reduction after September 15 but on or before December 4, 2020 - 25% of the full exhibit rental price; cancellation or space reduction after December 4, 2020 - 50% of the full exhibit rental price. Any cancellation or space reduction notices by Exhibitor must be submitted to NADA in writing, and will be effective when received by NADA.
In the event that an Exhibitor's booth is assigned after the final payment date of December 4, 2020, and the Exhibitor desires to cancel the contract or secure a smaller space size, the Exhibitor may qualify for a partial refund by submitting a written notice of cancellation or space reduction within 10 business days from their booth assignment date. Upon receipt of the written notice of cancellation or space reduction, the Exhibitor shall pay a cancellation fee equal to 25% of the total exhibit rental price. If the contract is cancelled or space reduced by Exhibitor at any time after 10 business days following the booth assignment dates, the Exhibitor shall pay a cancellation fee equal to 50% of the total exhibit rental price.
A booth cancellation after an order for an eBooth upgrade will cause automatic cancellation of any eBooth listing and any eBooth upgrades purchased. Refunds will be made of eBooth fees paid minus a $25 cancellation fee and an additional $200 cancellation fee for each floor plan logo or video purchased.