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This is a refundable participation deposit to ensure the seriousness of the bid.
A written proposal on headed paper detailing the total purse offered to both the Champion and Challenger. If the title is vacant then total purse offered to both of the Challengers.
I agree to transfer a deposit of 10% of the total winning purse within 14 days if successful in winning the bid.*
I agree to adhere to the Rules and Regulations of the ICB.*