Terms of Use

1. Definitions “HR&A Advisors Inc.’s website” is an on-line service operated by HR&A Advisors, Inc. (“HR&A”) on the World Wide Web of the Internet, consisting of information services and content provided by HR&A, affiliates of HR&A, and/or other third parties. “User” means each person who establishes or accesses a connection (“Session”) for access to and use of HR&A’s website.

2. General (A) This Agreement, which incorporates by reference other provisions applicable to use of HR&A’s website, governing the use of certain specific material contained in HR&A’s website, sets forth the terms and conditions that apply to use of HR&A’s web site by User. By using HR&A’s website (other than to read this Agreement for the first time), User agrees to comply with all of the terms and conditions hereof. The right to use HR&A’s website is personal to User and is not transferable to any other person or entity. User is responsible for all use of User’s Session (under any screen name or password) and for ensuring that all use of User’s Session complies fully with the provisions of this Agreement. User shall be responsible for protecting the confidentiality of User’s password(s), if any. (B) HR&A shall have the right at any time to change or discontinue any aspect or feature of HR&A’s website, including, but not limited to, content, hours of availability, and equipment needed for access or use.

3. Changed Terms HR&A shall have the right at any time to change or modify the terms and conditions applicable to User’s use of HR&A’s website, or any part thereof, or to impose new conditions, including, but not limited to, adding fees and charges for use. Such changes, modifications, additions or deletions shall be effective immediately upon notice thereof, which may be given by means including, but not limited to, posting on HR&A’s website, or by electronic or conventional mail, or by any other means by which User obtains notice thereof. Any use of HR&A’s website by User after such notice shall be deemed to constitute acceptance by User of such changes, modifications or additions.

4. User Conduct (A) User shall use HR&A’s website for lawful purposes only. User shall not post or transmit through HR&A’s website any material which violates or infringes in any way upon the rights of others, which is unlawful, threatening, abusive, defamatory, invasive of privacy or publicity rights, vulgar, obscene, profane or otherwise objectionable, which encourages conduct that would constitute a criminal offense, give rise to civil liability or otherwise violate any law, or which, without HR&A’s express prior approval, contains advertising or any solicitation with respect to products or services. Any conduct by a User that in HR&A’s discretion restricts or inhibits any other User from using or enjoying HR&A’s website will not be permitted. User shall not use HR&A’s website to advertise or perform any commercial solicitation, including, but not limited to, the solicitation of users to become Users of other on-line information services competitive with HR&A’s web site. (B) HR&A’s website contains copyrighted material, trademarks and other proprietary information, including, but not limited to, text, software, photos, video, graphics, music and sound, logo, name (“HR&A Advisors”), and the entire contents of HR&A’s website are copyrighted as a collective work under the United States copyright laws. HR&A owns a copyright in the selection, coordination, arrangement and enhancement of such content, as well as in the content original to it. User may not modify, publish, transmit, participate in the transfer or sale, create derivative works, or in any way exploit, any of the content, in whole or in part. User may download copyrighted material for User’s personal use only. Except as otherwise expressly permitted under copyright law, no copying, redistribution, retransmission, publication or commercial exploitation of downloaded material will be permitted without the express permission of HR&A and the copyright owner. In the event of any permitted copying, redistribution or publication of copyrighted material, no changes in or deletion of author attribution, trademark legend or copyright notice shall be made. User acknowledges that it does not acquire any ownership rights by downloading copyrighted material. (C) User shall not upload, post or otherwise make available on HR&A’s website any material protected by copyright, trademark or other proprietary right without the express permission of the owner of the copyright, trademark or other proprietary right and the burden of determining that any material is not protected by copyright rests with User. User shall be solely liable for any damage resulting from any infringement of copyrights, proprietary rights, or any other harm resulting from such a submission. By submitting material to any public area of HR&A’s website, User automatically grants, or warrants that the owner of such material has expressly granted HR&A the royalty-free, perpetual, irrevocable, nonexclusive right and license to use, reproduce, modify, adapt, publish, translate and distribute such material (in whole or in part) worldwide and/or to incorporate it in other works in any form, media or technology now known or hereafter developed for the full term of any copyright that may exist in such material. User also permits any other User to access, view, store or reproduce the material for that User’s personal use. User hereby grants HR&A the right to edit, copy, publish and distribute any material made available on HR&A’s website by User. (D) The foregoing provisions of Section 4 are for the benefit of HR&A, its subsidiaries, affiliates and its third party content providers and licensors and each shall have the right to assert and enforce such provisions directly or on its own behalf.

5. Disclaimer of Warranty; Limitation of Liability (A) USER EXPRESSLY AGREES THAT USE OF HR&A’S WEBSITE IS AT USER’S SOLE RISK. NEITHER HR&A, ITS AFFILIATES NOR ANY OF THEIR RESPECTIVE EMPLOYEES, AGENTS, THIRD PARTY CONTENT PROVIDERS OR LICENSORS WARRANT THAT HR&A’S WEBSITE WILL BE UNINTERRUPTED OR ERROR FREE; NOR DO THEY MAKE ANY WARRANTY AS TO THE RESULTS THAT MAY BE OBTAINED FROM USE OF HR&A’S WEBSITE, OR AS TO THE ACCURACY, RELIABILITY OR CONTENT OF ANY INFORMATION, SERVICE, OR MERCHANDISE PROVIDED THROUGH HR&A’S WEBSITE. (B) HR&A’S WEBSITE IS PROVIDED ON AN “AS IS” BASIS WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, WARRANTIES OF TITLE OR IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE, OTHER THAN THOSE WARRANTIES WHICH ARE IMPLIED BY AND INCAPABLE OF EXCLUSION, RESTRICTION OR MODIFICATION UNDER THE LAWS APPLICABLE TO THIS AGREEMENT. (C) THIS DISCLAIMER OF LIABILITY APPLIES TO ANY DAMAGES OR INJURY CAUSED BY ANY FAILURE OF PERFORMANCE, ERROR, OMISSION, INTERRUPTION, DELETION, DEFECT, DELAY IN OPERATION OR TRANSMISSION, COMPUTER VIRUS, COMMUNICATION LINE FAILURE, THEFT OR DESTRUCTION OR UNAUTHORIZED ACCESS TO, ALTERATION OF, OR USE OF RECORD, WHETHER FOR BREACH OF CONTRACT, TORTIOUS BEHAVIOR, NEGLIGENCE, OR UNDER ANY OTHER CAUSE OF ACTION. USER SPECIFICALLY ACKNOWLEDGES THAT HR&A IS NOT LIABLE FOR THE DEFAMATORY, OFFENSIVE OR ILLEGAL CONDUCT OF OTHER USERS OR THIRD-PARTIES AND THAT THE RISK OF INJURY FROM THE FOREGOING RESTS ENTIRELY WITH USER. (D) IN NO EVENT WILL HR&A, OR ANY PERSON OR ENTITY INVOLVED IN CREATING, PRODUCING OR DISTRIBUTING HR&A’S WEBSITE OR THE HR&A’S WEBSITE SOFTWARE, BE LIABLE FOR ANY DAMAGES, INCLUDING, WITHOUT LIMITATION, DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR PUNITIVE DAMAGES ARISING OUT OF THE USE OF OR INABILITY TO USE HR&A’S WEBSITE. USER HEREBY ACKNOWLEDGES THAT THE PROVISIONS OF THIS SECTION SHALL APPLY TO ALL CONTENT ON HR&A’S WEBSITE. (E) IN ADDITION TO THE TERMS SET FORTH ABOVE NEITHER, HR&A, NOR ITS AFFILIATES, INFORMATION PROVIDERS OR CONTENT PARTNERS SHALL BE LIABLE REGARDLESS OF THE CAUSE OR DURATION, FOR ANY ERRORS, INACCURACIES, OMISSIONS, OR OTHER DEFECTS IN, OR UNTIMELINESS OR UNAUTHENTICITY OF, THE INFORMATION CONTAINED WITHIN HR&A’S WEBSITE, OR FOR ANY DELAY OR INTERRUPTION IN THE TRANSMISSION THEREOF TO THE USER, OR FOR ANY CLAIMS OR LOSSES ARISING THEREFROM OR OCCASIONED THEREBY. NONE OF THE FOREGOING PARTIES SHALL BE LIABLE FOR ANY THIRD-PARTY CLAIMS OR LOSSES OF ANY NATURE, INCLUDING, BUT NOT LIMITED TO, LOST PROFITS, PUNITIVE OR CONSEQUENTIAL DAMAGES. HR&A, ITS AFFILIATES, INFORMATION PROVIDERS OR CONTENT PARTNERS SHALL HAVE NO LIABILITY FOR INVESTMENT DECISIONS BASED ON THE INFORMATION PROVIDED. NEITHER, HR&A, NOR ITS AFFILIATES, INFORMATION PROVIDERS OR CONTENT PARTNERS WARRANT OR GUARANTEE THE TIMELINESS, SEQUENCE, ACCURACY OR COMPLETENESS OF THIS INFORMATION. ADDITIONALLY, THERE ARE NO WARRANTIES AS TO THE RESULTS OBTAINED FROM THE USE OF THE INFORMATION.

6. Monitoring HR&A shall have the right, but not the obligation, to monitor the content of HR&A’s website, including chat rooms and forums, to determine compliance with this Agreement and any operating rules established by HR&A and to satisfy any law, regulation or authorized government request. HR&A shall have the right in its sole discretion to edit, refuse to post or remove any material submitted to or posted on HR&A’s website. Without limiting the foregoing, HR&A shall have the right to remove any material that HR&A, in its sole discretion, finds to be in violation of the provisions hereof or otherwise objectionable.

7. Indemnification User agrees to defend, indemnify and hold harmless HR&A, its affiliates and their respective directors, officers, employees and agents from and against all claims and expenses, including attorneys’ fees, arising out of the use of HR&A’s website by User or User’s Session.

8. Termination Either HR&A or User may terminate this Agreement at any time. Without limiting the foregoing, HR&A shall have the right to immediately terminate User’s Session in the event of any conduct by User which HR&A, in its sole discretion, considers to be unacceptable, or in the event of any breach by User of this Agreement. All of the remaining provisions listed under this agreement shall survive termination of this Agreement.

9. Trademarks HR&A, HR&A’s website and logos are trademarks of HR&A, INC.. All rights reserved. All other trademarks appearing on HR&A’s website are the property of their respective owners.

10. Miscellaneous This Agreement and any operating rules for HR&A’s website established by HR&A constitute the entire agreement of the parties with respect to the subject matter hereof, and supersede all previous written or oral agreements between the parties with respect to such subject matter. This Agreement shall be construed in accordance with the laws of the State of New York, without regard to its conflict of laws rules. No waiver by either party of any breach or default hereunder shall be deemed to be a waiver of any preceding or subsequent breach or default. The section headings used herein are for convenience only and shall not be given any legal import.