Appomattox Advisory, Inc. is an investment adviser registered with the U.S. Securities and Exchange Commission. This website is provided as a service of Appomattox Advisory, Inc. By accessing Appomattox Advisory, Inc.’s website, you agree to the terms and conditions described below.

Reservation of Rights
We reserve the right, at our discretion, to modify, add or remove portions of these terms and conditions at any time. Your continued use of the website following the posting of any changes will constitute acceptance of them. At all times, you are bound by the then-current version of the terms and conditions and of all applicable laws.

Use of Content
The Content (as defined below) of this website is available for informational purposes only. The posting of Content and access to this website does not constitute, either explicitly or implicitly, any provision of investment management services or products by Appomattox Advisory, Inc.

Copyright
This website (including the software and files), the computers hosting this website, and content provided on this website, including any text, music and sound, graphics, images, photographs, audio and video, footage, animations, podcasts, analyses, studies, reports, and downloads (all such content collectively, the “Content”) are the exclusive property of Appomattox Advisory, Inc. or are licensed to Appomattox Advisory, Inc., and are protected by law, including United States copyright, database, trade secret, and trademark law, as well as other state, national and international laws and regulations. Appomattox Advisory, Inc. reserves all rights with respect to its proprietary information or material on this website and will enforce such rights to the full extent of applicable copyright and trademark law. Except as expressly provided in these terms and conditions, Appomattox Advisory, Inc. does not grant any express or implied rights to you. All rights in the pages and Content are owned by Appomattox Advisory, Inc. or its licensors. You agree not to sell, distribute, publish, broadcast, circulate or commercially exploit Content in any manner without the express written consent of Appomattox Advisory, Inc. Any downloading or otherwise copying from this website will not transfer title to any software or material to you. Unless otherwise noted, Appomattox and Appomattox Advisory, Inc. constitute our trade/service marks. You agree not to directly or indirectly: attempt to register, challenge or contest the validity of our ownership of, such copyrights, trademarks or any other intellectual property, or assist any third party in doing so.

Grant of License
Appomattox Advisory, Inc. grants to you a personal, revocable, nonexclusive, nontransferable license to use this website subject to your continued compliance with these terms and conditions. Limited portions of the Content available in the public areas of the website may be accessed, printed and downloaded on an occasional basis for personal, scholarly, research or non-commercial purposes, as long as all hard copies contain all copyright and other applicable proprietary rights notices included in such content and information and/or appropriate attribution to Appomattox Advisory, Inc. in a form and manner acceptable to us. For information on obtaining permission to use any Content beyond the uses permitted above, please contact Appomattox Advisory, Inc. at 623 Fifth Avenue, 28th Floor, New York, NY 10022, or 212.546.6940. Unless and except as otherwise expressly permitted by these terms and conditions, you may not access, copy, reproduce, modify, create derivative works of, alter, publicly distribute, republish, upload, post, transmit, publicly perform or display, license, transfer, sell, mirror, frame, “deep link,” “scrape” data mine, or otherwise use any information or material obtained from or through this website without first obtaining written permission from Appomattox Advisory, Inc. Any unauthorized use of this website or the Content will terminate the permission granted herein and may violate applicable laws, including copyright law, trademark laws, and commercial regulations and statutes.

No Offer
Nothing contained herein constitutes an offer, solicitation or recommendation regarding any investment management product or service, or the offer to sell or the solicitation of an offer to buy any security or provide any service; nor shall any such service be provided, or securities be offered or sold, in any jurisdiction in which such an offer, solicitation, provision or sale would be unlawful. All Content is subject to applicable statutes and regulations.

This website is published in the United States for residents of the United States. Investors outside of the United States are subject to securities and tax regulations within their applicable jurisdictions that are not addressed on this website. U.S. Investors are advised that not all investments or services described on this website are available for sale in all states. Any potential investor should satisfy himself that an investment in any product is permissible under the rules and regulations of his or her domicile. The website is not directed to any person in any jurisdiction where (by reason of that person’s nationality, residence or otherwise) the publication or availability of the website is prohibited. Persons in respect of whom such prohibitions apply must not access this website.

The materials contained on this website are for informational purposes only and users should determine for themselves whether a particular service or product is suitable for their investment needs or should seek appropriate professional advice for their particular situation. Information concerning specific products is provided by offering documents for each product, which are available only to persons who meet certain regulatory requirements. Certain of the statements contained herein may be statements of future expectations and other forward-looking statements that are based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. In addition to statements which are forward-looking by reason of context, the words “may, will, should, expects, plans, intends, anticipates, believes, estimates, predicts, potential, or continue” and similar expressions identify forward looking statements. Appomattox Advisory, Inc. assumes no obligation to update any forward-looking statements contained herein.

Investments
Past performance is no guarantee of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that any specific investment or strategy will be suitable or profitable for an investor. The value of investments, and the income from them, can go down as well as up, and you may not recover the amount of your original investment. Where investments involve currency exposure, changes in rates of exchange may cause the value of the investment to go up or down. Any tax benefits referred to on this website are subject to change and their availability and value will depend upon your individual circumstance.

No Reliance
Although Appomattox Advisory, Inc. has taken reasonable care to ensure that the information contained on this website is accurate, no representation or warranty (including liability towards third parties), expressed or implied, is made as to its accuracy, reliability or completeness by Appomattox Advisory, Inc. or any of its third-party vendors. Opinions and other information on this website are provided by Appomattox Advisory, Inc. for personal use and informational purposes only and are subject to change without notice. Nothing contained on this website constitutes investment, legal, tax or other advice and is not to be relied upon in making an investment or other decision.

No Warranty
The information and opinions contained on this website, including hyperlinks or references to other sites, are provided “as is” without any warranty of any kind, either expressed or implied, to the fullest extent permissible pursuant to applicable law. You are responsible for evaluating their adequacy, accuracy, reliability, merchantability, non-infringement, completeness, or fitness for any particular purpose. In addition, Appomattox Advisory, Inc. assumes no responsibility for, and makes no warranties that, functions contained on this website will be uninterrupted or error-free, that defects will be corrected, or that this website or the servers that make it available will be free of viruses or other harmful components.

Liability Waiver
Neither Appomattox Advisory, Inc. nor any of its affiliates, directors, officers, representatives or employees, nor any third party vendor, will be liable or have any liability, whether in contract, tort, strict liability or otherwise, for any direct, indirect, incidental, consequential, punitive or special damages arising out of or in any way connected with your access or use, or inability to access or use, this website or your reliance on the Content, or any failure of performance, interruption, defect, delay in transmission, computer viruses or other harmful components, or line or system failure associated with the website.

Events Beyond Our Control
You expressly absolve and release Appomattox Advisory, Inc., its affiliates, directors, officers, representatives, and employees from any claim of harm resulting from a cause beyond its control including, but not limited to, the failure of electronic or mechanical equipment or communication lines, telephone or other interconnect problems, computer viruses or software failures, unauthorized access, theft, operator errors, severe weather, or natural disasters, strikes or other labor problems, wars, acts of domestic or foreign terrorism or governmental restrictions.

Linked Sites
Certain hyperlinks to other websites may be provided from time to time for your convenience. Any link to other products, publications or services does not constitute an endorsement or approval thereof by Appomattox Advisory, Inc., unless expressly so stated by Appomattox Advisory, Inc. Such websites are provided or maintained by third parties over whom Appomattox Advisory, Inc. exercises no control. Appomattox Advisory, Inc. expressly disclaims any responsibility for the content, accuracy of the information, and/or quality of products or services provided by or advertised on such third-party websites. Appomattox Advisory, Inc. reserves the right to terminate any hyperlink at any time.

Information Submitted by You
You should not submit any confidential or proprietary information via this website. All information or material submitted through the website will be deemed to be the property of Appomattox Advisory, Inc. By submitting any information or material to us through the website, you grant us an unrestricted, irrevocable license to use, reproduce, display, perform, modify, transmit and distribute those materials or information. You also agree that Appomattox Advisory, Inc. is free to use for any purpose any ideas, concepts, know-how or techniques that you submit to us through the website. Appomattox Advisory, Inc. shall not be subject to any obligations of confidentiality regarding submitted information, except as agreed by Appomattox Advisory, Inc. or as otherwise specifically agreed or required by law.

Jurisdiction, Severability
Any action arising out of these terms and conditions or this website shall be litigated in, and only in, courts located in the State of New York, and you agree to submit to the exclusive jurisdiction of those courts and further agree that they are a convenient forum for you. In the event that any provision of these terms and conditions is held to be unenforceable, the validity or enforceability of the remaining provisions will not be affected thereby, and the unenforceable provision will be replaced with an enforceable provision that comes close to the intention underlying the unenforceable provision.

Dated: October 2011

© Copyright 2011 Appomattox Advisory, Inc. All rights reserved.