DISCLAIMER

 

THIS DOCUMENT IS NOT, AND UNDER NO CIRCUMSTANCES IS TO BE CONSTRUED AS, A PROSPECTUS, AN ADVERTISEMENT, AN

OFFER TO SELL OR A SOLICITATION OF ANY OFFER TO BUY ANY OF THE SECURITIES IN THE COMPANY. IT IS INTENDED FOR

INFORMATIONAL PURPOSES ONLY.

NO REPRESENTATIONS OR WARRANTIES OF ANY KIND (WHETHER EXPRESS OR IMPLIED) ARE INTENDED OR SHOULD BE

INFERRED WITH RESPECT TO THE RISKS, MERITS, ECONOMIC RETURNS OR TAX CONSEQUENCES OF ANY INVESTMENT IN ANY OF

THE SECURITIES OF THE COMPANY. EACH RECIPIENT SHOULD CONSULT ITS OWN ADVISORS AS TO ALL FINANCIAL, ACCOUNTING,

LEGAL, TAX AND OTHER MATTERS AS TO THE SUITABILITY OF ANY INVESTMENT IN ANY SECURITIES IN THE COMPANY.

FURTHERMORE, NO REPRESENTATIONS OR WARRANTIES OF ANY KIND (WHETHER EXPRESS OR IMPLIED) ARE INTENDED OR

SHOULD BE INFERRED WITH RESPECT TO THE ACCURACY, COMPLETENESS OR ADEQUACY OF ANY OF THE INFORMATION

CONTAINED OR REFERRED TO HEREIN. ANY OPINIONS DESCRIBED HEREIN ARE GIVEN IN GOOD FAITH BUT WITHOUT ANY LEGAL

LIABILITY.

THIS DOCUMENT IS CONFIDENTIAL. EACH RECIPIENT AGREES, BY ACCEPTING DELIVERY OF THIS DOCUMENT, THAT IT WILL NOT

TRANSMIT, REPRODUCE OR MAKE AVAILABLE TO ANYONE THIS DOCUMENT OR ANY INFORMATION CONTAINED HEREIN, EXCEPT

WITH THE PRIOR WRITTEN CONSENT OF THE COMPANY. EACH RECIPIENT FURTHER AGREES TO RETURN THIS DOCUMENT AND

ALL OTHER DOCUMENTS DELIVERED IN CONNECTION HEREWITH ON THE REQUEST OF THE COMPANY.

THIS DOCUMENT AND THE INFORMATION CONTAINED HEREIN IS SUBJECT TO CHANGE BY THE COMPANY WITHOUT NOTICE,

AND THE SUBSEQUENT SALE OF ANY SECURITIES IN THE COMPANY SHALL NOT UNDER ANY CIRCUMSTANCES CREATE AN

IMPLICATION THAT THERE HAS BEEN NO CHANGE IN THE MATTERS DESCRIBED HEREIN SINCE THE DATE HEREOF.