Web Site Terms of Use

Thank you for visiting this Web site (“Site”) of McAdams Wright Ragen, Inc. (“MWR”). While we invite you to use the Site, please be aware that if you do so, YOUR USE WILL COUNT AS YOUR AGREEMENT TO THE SITE TERMS OF USE that are set forth below.

MWR does not intend to provide investment advice through this Site and does not represent that the securities or services discussed are suitable for any investor. Information contained in the site is not intended to be relied upon in making (or refraining from making) any investment or other decision. THIS SITE IS PROVIDED FOR YOUR INFORMATION ONLY AND YOU ARE ADVISED TO DISCUSS INVESTMENT MATTERS WITH YOUR PROFESSIONAL FINANCIAL ADVISOR


TABLE OF CONTENTS

1. License to Use the Site
2. Not an Offer to Sell or a Solicitation of an Offer To Buy
3. Warranty Disclaimer
4. No Damages
5. Submission of Comments; Ideas and Other Information
6. Links to Third Party Web Sites
7. Washington Law and Exclusive Washington (King County) Forum
8. Site for Use by United States Residents Only
9. Relation to Other MWR Agreements
10. Changes to Site Terms of Use
11. Miscellaneous; Entire Agreement

We hereby grant you the right to view and use the Site solely for accessing the information made available in it. You may download and print copies of these Site Terms of Use and of screens from this Site for your personal noncommercial use. Subject to applicable law, MWR reserves the right to suspend or deny, in its sole discretion, your access to all or any portion of the Site with or without notice. We may change, suspend or discontinue any aspect of this Site at any time without notice, including the availability of any area of this Site.

2. Not an Offer to Sell or a Solicitation of an Offer to Buy

This Site has been designed for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security which may be referenced upon the Site. Such offers can only be made where lawful under applicable law.

3. Warranty Disclaimer

MWR does not provide any advice through this Site, including but not limited to legal, tax, or accounting advice or advice regarding the suitability or profitability of a security or investment at this Site. The information made available at this Site (the “Information”) is not a complete analysis of every material fact regarding any company, industry or security. MWR does not make any warranties about the Information, including but not limited to warranties regarding the timeliness, sequence, accuracy, adequacy, or completeness of the Information and any “quote” or “real time quote” information made available via this Site. The views, if any, expressed at this Site reflect MWR’s judgment at this date, are subject to change, and may or may not be applicable for any particular individual or portfolio. We make no commitment to update the information contained on this Site. All Information contained herein is obtained by MWR from sources believed by MWR to be accurate and reliable; however, because of the possibility of human and mechanical error as well as other factors, MWR is not responsible for any errors or omissions with respect to the Information.

This Site and all Information provided herein is provided “AS IS” and “AS AVAILABLE .” ACCORDINGLY, WE PROVIDE NO WARRANTIES IN CONNECTION WITH THIS SITE OR THE INFORMATION, AND WE DISCLAIM ALL WARRANTIES EXPRESS, STATUORY OR IMPLIED, INCLUDING WITHOUT LIMITATION ANY IMPLIED WARRANTIES OF MERCHANTABILITY OR OF FITNESS FOR A PARTICULAR PURPOSE. WE DO NOT WARRANT THAT THE FUNCTIONS CONTAINED IN THIS SITE OR ANY INFORMATION OR CONTENT CONTAINED ON THE SITE WILL BE UNINTERRUPTED OR ERROR FREE, THAT DEFECTS WILL BE CORRECTED, OR THAT THE SITE OR SERVER THAT MAKES IT AVAILABLE IS FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS. WE DISCLAIM ALL LIABILITY FOR NEGLIGENCE OR FOR ANY LACK OF REASONABLE CARE.

WE DO NOT PROVIDE ANY WARRANTY AGAINST INFRINGEMENT OR OF TITLE OR QUIET ENJOYMENT.

4. No Damages

MWR SHALL NOT BE LIABLE TO YOU FOR ANY DAMAGES, INCLUDING BUT NOT LIMITED TO DIRECT, INCIDENTAL OR CONSEQUENTIAL DAMAGES, AND INCLUDING BUT NOT LIMITED TO ANY DAMAGES FOR LOST PROFITS, LOST OPPORTUNITY OR SPECIAL OR PUNITIVE DAMAGES ARISING OUT OF OR IN ANY WAY RELATED TOYOUR USE OF THIS SITE AND THE INFORMATION, EVEN IF WE HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, AND YOU AGREE TO HOLD MWR HARMLESS FOR ALL SUCH DAMAGES.

5. Submission of Comments; Ideas and Other Information

Any comments or information that you provide to MWR, for example feedback or ideas in connection with this Site, suggestions, ideas, concepts or other information (collectively, the “Submissions”) shall be deemed, and shall remain, the property of MWR. None of the Submissions shall be subject to any obligation of confidence on the part of MWR, and MWR shall not be liable for any use or disclosure (including publication in any medium) of any Submissions. Without limiting the foregoing, MWR shall exclusively own all now known or hereafter existing rights to the Submissions of every kind and nature and shall be entitled to unrestricted use of the Submissions for any purpose, commercial or otherwise, without compensation to the provider of the Submissions.

6. Links to Third Party Web Sites

Links on this Site may permit you to leave this site. The linked sites are not under the control of MWR; they are independent web sites and MWR is not responsible for the contents or information of any linked site or any link in a linked site, or any changes or updates to such sites. MWR is providing these links to you only as a convenience and the inclusion of any link does not imply endorsement of MWR of any linked site.

7. Washington Law and Exclusive Washington (King County) Forum

Your consent to these Site Terms of Use will include your consent to such law and the exclusive jurisdiction of and venue in the courts in King County Washington, U.S.A. in all disputes arising out of or relating these Site Terms of Use. MWR’s performance of these Site Terms of Use is subject to existing laws and legal process, and you agree that MWR may comply with law enforcement or regulatory requests or requirements notwithstanding any contrary term of these Site Terms of Use. In any action or suit to enforce any right or remedy under these Terms of Use or to interpret any provision of these Terms of Use, the prevailing party shall be entitled to recover its costs, including reasonable attorneys’ fees.

8. Site for Use by United States Residents Only

This Site has been published in the United States for residents of the United States. This Site is not intended for use by, or to provide any information to, investors outside of the United States. MWR reserves the right to require proof of residence from any user accessing this Site and requesting Information. Investors outside of the United States are subject to securities and tax regulations within their applicable jurisdictions that are not addressed on this Site. No security, investment advisory service, or other product or service will be offered or sold in any jurisdiction in which such offer or solicitation, purchase or sale, would be contrary to the securities laws or other local laws and regulations. United States investors should be advised that not all investments discussed or referenced in the Information provided at this Site may be available in all states.

9. Relation to Other MWR Agreements

These Site Terms of Use constitute a separate legal agreement between you and MWR with respect to your use of this Site and do not affect or nullify, any other agreement between you and MWR governing your relationship with MWR. In the event that these Site Terms of Use conflict with your Customer Agreement, Options Agreement, Capital Management Agreement and/or Borrower’s Agreement with MWR, such agreement(s) shall supersede these Site Terms of Use to the extent of such conflict.

10. Changes to Site Terms of Use

MWR reserves the right to change these Site Terms of Use from time to time. When we change them, we will post a notice under the link labeled "Check for Changes to Terms and Conditions," which appears on our home page. The notice will remain for sixty (60) days after the date of the change. Each time you visit the Site, you agree to Check for Changes to Terms & Conditions. No changes proposed by you or us will be effective unless they appear in these Site Terms of Use. Any use of the Site after the effective date of any change will constitute your consent to the revised Site Terms of Use.

11. Miscellaneous; Entire Agreement

If any part of these Site Terms of Use is determined to be invalid or unenforceable, then the invalid or unenforceable provision will be deemed superseded by a valid, enforceable provision that most closely matches the intent of the original provision, and the remainder of these Site Terms of Use shall continue in effect. These Site Terms of Use constitute the entire agreement between you and MWR with respect to the Site and supersedes all other (prior or contemporaneous) communications and proposals, whether electronic, oral or written, between you and MWR regarding the Site.