CLIENT PORTAL DISCLAIMER

Access to and use of this client web page portal, or any other linked web sites provided by CARLA PROPERTIES, LTD., and/or any affiliates ("Carla”), and any content herein, including posted documents, ("Materials") is subject to the following disclaimer and any other posted restrictions.

The Materials available herein do not constitute investment advice, nor do they have regard to the specific investment objectives, financial situation, or particular needs of any specific recipient. The information provided is published for information purposes only and is not to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments.  No representation, term, condition or warranty, either express or implied, is provided in relation to the accuracy, completeness or reliability of the Materials, nor are they a complete statement of the developments referred to therein. The Materials should not be regarded by recipients as a substitute for the exercise of their own judgment.  The value of investments may fluctuate. Past performance is not necessarily indicative of future results.

Your Responsibility. The information contained herein (the “Information”) is provided to you by Carla on the basis that you are capable of independently assessing the value of your investments (either on your own, or through independent professional advisors) and that you understand and accept the following terms and conditions on which they are provided. While the Information has been prepared in good faith, it is not intended to be relied upon as the sole source of information regarding the value of your investments or used as the sole source for any net asset value calculation, financial statement position, or any similar purpose.  The final responsibility for assessing the reliability of the Information we are providing to you and for any use you make of them rests with you.

Source and Basis of Information. The Information may include indicative valuations of the relevant investments as of the date stated, prepared in each case using a methodology that we believe is appropriate.

Limitations on Use. You may not provide the Information to any third party without our express permission, and if we do give you our permission, you must provide this statement in its entirety only (including the language in this disclaimer).

No Representations or Warranties; Limitation of Liability. Carla makes no representations or warranties with respect to the Information, and to the extent permitted by law we specifically disclaim and will not accept any responsibility for loss or damage arising out of use or reliance by you or any other person upon the Information, regardless of whether any such loss or damage results from errors, omissions, changes in market factors or other circumstances and whether or not within our control and whether or not caused by our negligence or otherwise; provided, however, that nothing herein is intended to exclude any liability on the part of Carla that arises due to fraud. In addition, Carla specifically disclaims liability for special or consequential damages that arise from use or reliance by you or any other person upon the Information, even if we have been advised of the possibility of such damages.

Carla is Not Your Fiduciary or Agent.  You acknowledge and agree that we are acting, and will at all times act, as an independent contractor on an arm’s-length basis and are not acting, and will not act, in any other capacity, including in a fiduciary capacity, on your behalf.

CARLA, ITS RELATED ENTITIES, DIRECTORS, EMPLOYEES, AND AGENTS ACCEPT NO LIABILITY WHATSOEVER FOR ANY LOSS OR DAMAGE OF ANY KIND ARISING OUT OF THE USE OF ALL OR ANY PART OF THESE MATERIALS, INCLUDING BUT NOT LIMITED TO ERRORS (INCLUDING ERRORS OF TRANSMISSION), INACCURACIES, OMISSIONS, CHANGES IN MARKET FACTORS OR OTHER CIRCUMSTANCES, WHETHER OR NOT WITHIN CARLA’S CONTROL. WITHOUT PREJUDICE TO THE GENERALITY OF THE FOREGOING, UNDER NO CIRCUMSTANCES SHALL CARLA BE LIABLE FOR SPECIAL OR CONSEQUENTIAL LOSS OR DAMAGES, OR FOR ANY LOSS OF PROFIT, REVENUE, OR ANTICIPATED SAVINGS THAT ARISE FROM ANY PERSON'S USE OR RELIANCE UPON ALL OR ANY PART OF THESE MATERIALS, EVEN IF CARLA HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

Certain laws and regulations impose liabilities which cannot be disclaimed. This disclaimer shall in no way constitute a waiver or limitation of any rights a person may have under such laws and or regulations to the extent that they cannot be waived or limited, including but not limited to a right to claim for losses arising from death, personal injury, or fraud.

Additional information will be made available upon request.