Please read this Notice in its entirety before using this Web site!

The following Terms of Use apply to your brokerage account with SMS Associates. and/or your access and use of this Web site. Such Terms of Use are in addition to the customer agreements governing your brokerage account and the Privacy Policy governing your access and use of this Web site. By using this Web site, you are agreeing to be bound by and responsible for compliance with the Terms of Use and all applicable laws and regulations (including securities laws). If you do not agree with the following Terms of Use, do not use this Web site. ”SMS Associates” refers to the corporate entity that owns SMS Associates and includes its subsidiaries and affiliates, depending upon the context.

Privacy

Please review SMS Associates ' Privacy Policy, which also governs your visit to this Web site, to understand SMS Associates ' practices regarding the collection and use of information provided by you.

Restricted Areas and Passwords

Parts of this Web site may be accessed only by use of a unique User Name and Password, which may be obtained only by SMS Associates ' clients. All User Names and Passwords may be cancelled or suspended at any time by SMS Associates without prior notice. If you are provided with a User Name and Password, you agree to keep them confidential and not disclose them to any person or permit any other person to use them. You also agree to be fully and solely responsible for all activities that occur under your User Name and Password. SMS Associates is not under any obligation to confirm the actual identity or authority of the user of any User Name and Password.

You also agree to immediately notify SMS Associates by telephone and in writing, of any unauthorized use of your User Name and Password, or if you know or suspect that your User Name or Password has been lost or stolen or become known to any other person.

YOU HEREBY RELEASE SMS ASSOCIATES FROM, AND INDEMNIFY SMS ASSOCIATES AGAINST, ANY AND ALL CLAIMS, PROCEEDINGS, LIABILITIES, OBLIGATIONS, DAMAGES, LOSSES AND COSTS DIRECTLY OR INDIRECTLY ARISING FROM, CONNECTED WITH, OR RELATING TO THE USE OF YOUR USER NAME AND PASSWORD BY ANY UNAUTHORIZED PERSON PRIOR TO NOTIFICATION TO SMS ASSOCIATES OF ANY UNAUTHORIZED USE OF YOUR USER NAME AND PASSWORD, OR IF YOU KNOW OR SUSPECT THAT YOUR USER NAME OR PASSWORD HAVE BEEN LOST OR STOLEN OR BECOME KNOWN TO ANY OTHER PERSON.

Disclosure Statement

SMS Associates and its respective directors, officers and employees or members of their families, may from time to time acquire, hold or sell securities mentioned in this Web site as principal or agent. SMS Associates may have acted or be acting as a financial advisor, fiscal agent or underwriter for certain issuers mentioned in this Web site and may have received or may receive remuneration in that regard.

Copyright Notice

Certain names, words, titles, logos, graphics or designs contained within the pages of this Web site may constitute trade names, registered or unregistered trade-marks or service marks (the Trade Marks) of SMS Associates., its subsidiaries and affiliates or of third parties which are used herein under license. However, the display of Trade-marks on any page of this Web site does not imply that any license has been granted or obtained from any third party.

All content or information made available to you on this Web site is protected under applicable copyright laws. SMS Associates grants to you a limited license to display the content of this Web site on your computer and to print such content solely for your own personal, non-commercial use provided that you do not modify the content in any way or delete any proprietary notices. You may not otherwise copy, republish or reproduce any content or information in any manner, including electronic reproduction by uploading or downloading, without the prior written consent of SMS Associates.

Any unauthorized copying, republishing, reproduction or modification of any Trade-mark or other content or information of this Web site may be a violation of statutory or common law rights that would subject you to legal action.

Confidentiality

Absent the use of encryption, the Internet is not a secure medium and privacy cannot be ensured. Internet e-mail is vulnerable to interception and forging. SMS Associates cannot ensure the privacy and authenticity of any information or instructions you send to us or that we send to you over the Internet. SMS Associates will not be responsible for any damages you may incur if you communicate confidential information to us over the Internet or if we communicate such information to you at your request.

Termination of Web Site and Web Site Use

SMS Associates may, in its sole discretion, change, suspend or terminate this Web site or any part of it or any of its features at any time, for any reason, without notice to you, and without liability to you or any other person. If you breach any provision of the Terms of Conditions and Use, you may no longer access or use this Web site or its content. SMS Associates may, in its sole discretion, terminate your right to use this Web site or its content at any time, for any reason, without any notice to you, and without any liability to you or any other person.

If this SMS Agreement or your right to use this Web site is terminated, this Agreement will nevertheless continue to apply and be binding upon you in respect of your prior use of this Web site, any information or materials obtained by you from this Web site, and anything connected with, relating to or arising from those matters.