Highland Associates, Inc.
Terms and Conditions

Not an Offer. This site is designed for informational purposes only and does not constitute a solicitation or offer by Highland, or its subsidiaries and affiliates, to buy or sell any securities, or other financial instrument, or to provide any investment advice or service. Offers for funds will only be made through a private placement memorandum to accredited investors within the meaning of the Securities Act of 1933. Nothing in this site should be construed as investment advice or a recommendation to purchase or sell a particular security.

Terms Exclusive to Use of this Site. Please note that these terms exclusively govern your access and use of this site, but they do not alter or affect the terms or conditions of any other agreement between you and Highland or any Highland affiliate.

Disclosure. The information provided on this site is for informational purposes only. While Highland has tried to provide accurate and timely information, there may be inadvertent technical or factual inaccuracies and typographical errors for which we apologize. We reserve the right to make changes and corrections at any time, without notice. The information provided on this website is qualified in its entirety by Highland’s Form ADV, which is on file with the U.S. Securities and Exchange Commission. Highland does not warrant the accuracy or completeness of the information, text, graphics, links or other items contained on the site and Highland expressly disclaims all liability for errors and omissions in these materials and for the use or interpretation by others of information contained on the site.

Outside Links. For your information or convenience, this site may contain direct links or hyperlinks to Web sites that are maintained by third parties. When clicking on such a link, you are leaving our site. Highland has no control over, does not endorse, and is not liable for, the quality, operation, reliability, compliance with laws, ethics, business practices, or content of such third party Web sites, or for any product or service advertised or provided thereon. All transactions with such third parties operating said Web sites, including provision of your personal information, are strictly at your own risk. We expressly disclaim any and all liability arising from your access of such sites and for the content of sites.

No Duty to Update. The information contained herein is provided as of the “Last Updated” date appearing where the information is presented unless otherwise specified. Highland and its affiliates assume no duty to update any such information for subsequent changes of any kind.

Other. Highland reserves the right to withdraw access to the site and revise the software, materials, information, and the services and products described in this Web site, at any time without notifying the user.

Intellectual Property Notice. Unless otherwise specifically designated, Highland is the sole owner of all intellectual property rights to this site and its contents, including but not limited to copyright protection for all content, including the design, layout, graphics, photos, format, and other visual elements of the site. All ownership rights pertaining to the information and material contained on this site, including but not limited to Highland’s name, logos, trademarks, graphics, photos, images, and content, are owned or have been duly licensed by Highland. All trademarks, service marks, and trade names used herein may only be used by Highland Associates, Inc. and its affiliates, subsidiaries, and licensees. The site pages and content may be electronically copied or printed in hard copy for internal informational, personal or non-commercial use only, provided that no modifications are made, they are not published in any media, and on each page of ever internal copy, Highland is acknowledged as the source with a copyright symbol. You are not granted any license to use the content in other manner. Any use other than that set forth above, including the non-internal reproduction, modification, copying, display or use of any copyright-protected Highland symbol or other logo, graphic, photo or image, without the prior written permission of Highland, is strictly prohibited.

Last Updated: March 25, 2008

Copyright 2008 Highland Associates, Inc. All rights reserved.