0001279569-16-002775 Sample Contracts

SHAREHOLDER RIGHTS PLAN AGREEMENT DATED AS OF February 22, 2007 BETWEEN RITCHIE BROS. AUCTIONEERS INCORPORATED AND COMPUTERSHARE INVESTOR SERVICES INC. AS RIGHTS AGENT McCarthy Tétrault LLP Suite 1300, 777 Dunsmuir Street Vancouver, British Columbia...
Shareholder Rights Plan Agreement • February 25th, 2016 • Ritchie Bros Auctioneers Inc • Services-business services, nec • British Columbia

SHAREHOLDER RIGHTS PLAN AGREEMENT dated as of February 22, 2007 between Ritchie Bros. Auctioneers Incorporated, a corporation incorporated under the Canada Business Corporations Act (the ‘Company’) and Computershare Investor Services Inc., a trust company existing under the laws of Canada (the ‘Rights Agent’).

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EMPLOYMENT AGREEMENT
Employment Agreement • February 25th, 2016 • Ritchie Bros Auctioneers Inc • Services-business services, nec • British Columbia
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EMPLOYMENT AGREEMENT
Employment Agreement • February 25th, 2016 • Ritchie Bros Auctioneers Inc • Services-business services, nec • British Columbia
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EMPLOYMENT AGREEMENT
Employment Agreement • February 25th, 2016 • Ritchie Bros Auctioneers Inc • Services-business services, nec • British Columbia
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9500 Glenlyon Parkway Burnaby, British Columbia LEASE THE GREAT-WEST LIFE ASSURANCE COMPANY AND LONDON LIFE INSURANCE COMPANY LANDLORD - AND - RITCHIE BROS. AUCTIONEERS (CANADA) LTD. TENANT DATED THE 12th DAY OF AUGUST, 2008
Ritchie Bros Auctioneers Inc • February 25th, 2016 • Services-business services, nec • British Columbia

In consideration of the premises and the mutual covenants, agreements and conditions herein contained, it is hereby covenanted, agreed and declared between the parties as follows:

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GRANT AGREEMENT RITCHIE BROS. AUCTIONEERS INCORPORATED PERFORMANCE SHARE UNIT PLAN
Grant Agreement • February 25th, 2016 • Ritchie Bros Auctioneers Inc • Services-business services, nec • British Columbia

The percentage of PSUs eligible for vesting based on EBITDA results shall be determined as provided in the following table, and then multiplied by the EBITDA Weighting Factor.

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GRANT AGREEMENT RITCHIE BROS. AUCTIONEERS INCORPORATED EMPLOYEE RESTRICTED SHARE UNIT PLAN
Grant Agreement • February 25th, 2016 • Ritchie Bros Auctioneers Inc • Services-business services, nec • British Columbia

This Grant Agreement is made as of the date set out in Schedule A hereto and is made between the undersigned “Participant” (the “Participant”), being an employee of Ritchie Bros. Auctioneers Incorporated (the “Corporation”) or a subsidiary of the Corporation (which employer is herein referred to as the “Employer”) designated pursuant to the terms of the Employee Restricted Share Unit Plan of the Corporation (which Plan, as the same may from time to time be modified, supplemented or amended and in effect is herein referred to as the “Plan”), and the Corporation.

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STOCK OPTION AGREEMENT
Stock Option Agreement • February 25th, 2016 • Ritchie Bros Auctioneers Inc • Services-business services, nec • British Columbia

Ritchie Bros. Auctioneers Incorporated , a company incorporated under the laws of Canada, having an office at 9500 Glenlyon Parkway, Burnaby, B.C. V5J 0C6

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STOCK OPTION AGREEMENT SIGN-ON GRANT
Stock Option Agreement • February 25th, 2016 • Ritchie Bros Auctioneers Inc • Services-business services, nec • British Columbia

Ritchie Bros. Auctioneers Incorporated, a company incorporated under the laws of Canada, having an office at 9500 Glenlyon Parkway, Burnaby, B.C. V5J OC6

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LEASE CONFIRMATION AND AMENDMENT TO DEVELOPMENT AGREEMENT
Development Agreement • February 25th, 2016 • Ritchie Bros Auctioneers Inc • Services-business services, nec • British Columbia
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LEASE MODIFICATION AGREEMENT (the “Agreement”)
Indemnity Agreement • February 25th, 2016 • Ritchie Bros Auctioneers Inc • Services-business services, nec

As referenced in the Lease, “Development Agreement” means the development agreement made the 12th day of August, 2008 by and between the Landlord and Ritchie Bros. Properties Ltd. in respect of, amongst other things, the construction of the Building on the Lands.

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SCHEDULE A AMENDING AGREEMENT
Amending Agreement • February 25th, 2016 • Ritchie Bros Auctioneers Inc • Services-business services, nec

THEREFORE in consideration of the mutual promises and respective covenants set forth herein, the receipt and sufficiency of which the parties hereby acknowledge, the parties hereto agree as follows:

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PRE-HANDOVER OCCUPANCY RENTAL AGREEMENT AND AMENDMENT TO DEVELOPMENT AGREEMENT
Handover Occupancy Rental Agreement • February 25th, 2016 • Ritchie Bros Auctioneers Inc • Services-business services, nec • British Columbia
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GRANT AGREEMENT RITCHIE BROS. AUCTIONEERS INCORPORATED PERFORMANCE SHARE UNITS – SIGN-ON GRANT
Grant Agreement • February 25th, 2016 • Ritchie Bros Auctioneers Inc • Services-business services, nec • British Columbia

This Grant Agreement is made as of the date set out in Schedule A hereto and is made between the undersigned “Participant” (the “Participant”), being an employee of Ritchie Bros. Auctioneers Incorporated (the “Corporation”) or a subsidiary of the Corporation (which employer is herein referred to as the “Employer’) designated pursuant to the terms of the Performance Share Unit Plan of the Corporation (which Plan, as the same may from time to time be modified, supplemented or amended and in effect is herein referred to as the ’‘Plan’), and the Corporation.

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INDEMNITY AGREEMENT
Indemnity Agreement • February 25th, 2016 • Ritchie Bros Auctioneers Inc • Services-business services, nec • British Columbia

RITCHIE BROS. AUCTIONEERS INCORPORATED, a corporation amalgamated under the laws of Canada and having an office at 9500 Glenlyon Parkway, Burnaby, British Columbia, V5J 0C6

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Ritchie Bros. Auctioneers (Canada) Ltd. 9500 Glenlyon Parkway, Burnaby, BC Canada v5j0c6
Employment Agreement • February 25th, 2016 • Ritchie Bros Auctioneers Inc • Services-business services, nec
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DEVELOPMENT AGREEMENT
Development Agreement • February 25th, 2016 • Ritchie Bros Auctioneers Inc • Services-business services, nec • British Columbia

THEREFORE in consideration of the premises and the mutual covenants and agreements hereinafter contained the Parties agree as follows:

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CHANGE OF CONTROL AGREEMENT
Change of Control Agreement • February 25th, 2016 • Ritchie Bros Auctioneers Inc • Services-business services, nec • British Columbia

RITCHIE BROS. AUCTIONEERS (CANADA) LTD., a corporation incorporated under the laws of Canada, and having an office at 9500 Glenlyon Parkway, Burnaby, British Columbia, V5J 0C6

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EMPLOYMENT AGREEMENT
Employment Agreement • February 25th, 2016 • Ritchie Bros Auctioneers Inc • Services-business services, nec • British Columbia
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EMPLOYMENT AGREEMENT (Canada)
Employment Agreement • February 25th, 2016 • Ritchie Bros Auctioneers Inc • Services-business services, nec • British Columbia

RITCHIE BROS. AUCTIONEERS (CANADA) LTD., a corporation, having its head office at 9500 Glenlyon Parkway, Burnaby, British Columbia V5J 0C6

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