HNW-X reserves the right, in its sole discretion, without any obligation and without any notice requirement, to change, improve or correct the information, materials and descriptions on the Site and to suspend and/or deny access to the Site for any reason. The information and materials on the Site may contain typographical errors or inaccuracies. Any dated information is published as of its date only, and HNW-X does not undertake any obligation or responsibility to update or amend any such information. HNW-X may discontinue or change any product or service described in or listed on the HNW-X Site at any time and without notice. HNW-X further reserves the right, in its sole discretion, to block or otherwise discontinue your access and use of the Site at any time and for any reason. You agree that HNW-X and its subsidiaries and affiliates will not be liable to you or to any third party for any such modification, suspension or discontinuance.
Membership in HNW-X is available only to institutions, entities, accredited investors and representatives of these investors who are at least 18 years old and attest to a minimum of $5 million in investable assets. You represent and warrant that if you are an individual, you are of legal age to form a binding contract, and that all registration information you submit is accurate and truthful. HNW-X may, in its sole discretion, refuse to offer Membership or any service or product displayed on the Site to any person or entity and change its eligibility criteria at any time. This provision is void where prohibited by law and the right to access the Site/Service is expressly revoked in such jurisdictions. If you are using the Site on behalf of any entity, you represent and warrant that you are authorized to accept this Agreement on such entity’s behalf, and that such entity agrees to indemnify HNW-X for violations of this Agreement.
Potential investment listings on this Site are only suitable for Accredited Investors who are familiar with and willing to accept the high risk associated with the opportunities and services described including, but not limited to, private investments. Securities sold through private placements are not publicly traded and, therefore, are not liquid. Additionally, Investors may receive restricted units that may be subject to holding period requirements. Investment offerings described on HNW-X will include target investments that vary in size, scope, term and return profiles and therefore, each individual potential investment may contain more or less inherent risk. Investing in private placements requires high risk tolerance, low liquidity concerns, and long-term commitments. Investors must be able to afford to lose their entire investment. For those reasons, these offerings may be made available only to certain institutional investors and high net worth individuals and entities. As with all alternative investments, investors must meet certain eligibility tests to qualify as purchasers. Currently, entities/individuals/institutions must have assets of at least $5 million to be granted membership in HNW-X (all individual owners meet accredited investor tests). HNW-X understands that the minimum to qualify as an accredited investor is lower than $5 million but, at this time, a minimum of $5 million in investible assets has been set due to the complexity and risk level of some offerings on the site. It is also possible that certain offerings on the site may have investment minimums that are higher than $5 million.
The value of investments and the income from them can fall as well as rise. Past performance is not a guarantee of future performance. The contents of this Site do not constitute financial, legal, or tax advice. Investors are solely responsible for conducting any legal, accounting or due diligence review they deem appropriate. The fact that an offering is listed on HNW-X in no way implies that HNW-X is recommending the investment or has done sufficient due diligence to recommend it. You should obtain investment and tax advice from your advisers before deciding to invest. Investment products are not FDIC insured, may lose value, and there is no bank or other guarantee.
None of the information contained in the publicly available portions of the Site constitutes a recommendation, solicitation or offer to buy or sell any securities, options or other financial instruments or other assets or provide any investment advice or service. The information contained in the Site has been prepared without reference to any particular User’s investment requirements or financial situation. The information and services provided on the Site are not provided to, and may not be used by, any person or entity in any jurisdiction where the provision or use thereof would be contrary to applicable laws, rules or regulations of any governmental authority, or where HNW-X is not authorized to provide such information or services. Some products and services described in the Site may not be available in all jurisdictions or to all clients.
MODIFICATION OF AGREEMENT
The HNW-X logo is a trademark and service mark of HNW-X. HNW-X or its licensors own and retain all proprietary rights in the Site, the Service and all material and information posted thereon (“Content”). The Site contains the copyrighted material, trademarks and other proprietary information of HNW-X and its licensors. You may not alter, modify, publish, distribute, publicly display or sell any Content or other such proprietary information, or otherwise copy or transmit any Content or other such proprietary information without the express written permission of HNW-X.
In addition, to the extent you receive information from HNW-X or other Investors with respect to any Investment activity on the Site, you may not further disclose or otherwise provide such information to another party in any way that allows a personal identification of such Investor. You agree that HNW-X may, at its sole discretion and to the extent permitted by law, access, read, preserve and disclose your account information, usage history and submitted Content in order to: (a) comply with any applicable law, regulation, legal process, or governmental request; (b) respond to claims that any Content violates the rights of third parties, including intellectual property rights; (c) enforce this Agreement and investigate potential violations thereof; (d) detect, prevent, or otherwise address fraud, security, or technical issues; (e) respond to your requests for customer service; or (f) protect the rights, property, or personal safety of HNW-X, its users, or the public.
By using and accessing HNW-X, you agree to keep all information you learn about companies and investment opportunities on the site private and confidential. You may refer others to be considered for membership in HNW-X at which time they could view materials on the site, but otherwise agree not to disclose or copy or deliver any materials shown on the site either orally or in writing.
Our Services and certain pages of the Site are available only to Members who have been authorized by us to access those Services and web pages on the Site. Such authorization may require completion of an accredited investor questionnaire and satisfactory background information screening and/or identification and verification. Only users of HNW-X with a valid User ID and password are authorized to access such services and web pages.
Unauthorized use of the Site and our Service, including, but not limited to the misuse or sharing of passwords or misuse of any other information, is strictly prohibited. You may not use the Site in any manner that could damage, disable, overburden, or impair the Site or Service or interfere with any other party’s use and enjoyment of the Site or Service. You agree that you will not engage in any activities related to the Site that are contrary to applicable laws or regulations. You further agree that you are responsible for any unauthorized use of your password that is made before you have notified us and we have had a reasonable opportunity to act on that notice. HNW-X reserves the right in its sole discretion to suspend or cancel your password, even without receiving such notice from you, if we suspect that it is being used in an unauthorized or fraudulent manner.
Notwithstanding the above, you are responsible for monitoring your account and should promptly report any unauthorized or suspicious activity in your account to us at info@HNW-X.com.
USE OF LINKS
THIRD PARTY CONTENT
Certain portions of the Site may contain third party content and may provide links to webpages and content of third parties (collectively “Third-Party Content”). HNW-X does not control, endorse, investigate, or adopt any Third-Party Content, and makes no representations or warranties of any kind regarding the Third-Party Content, including with respect to its accuracy or completeness. You acknowledge and agree that HNW-X is not responsible or liable in any manner for any Third-Party Content or your reliance upon Third-Party Content. Users use such Third-Party Content at their own risk.
If you believe that any material on the Site violates this Agreement or your intellectual property rights, please notify HNW-X as soon as possible by sending an email to info@HNW-X.com, with the following information in accordance with Section 512(c) of the Copyright Act: (i) a physical or electronic signature of the copyright owner or a person authorized to act on their behalf; (ii) identification of the copyrighted work claimed to have been infringed; (iii) identification of the material that is claimed to be infringing or to be the subject of infringing activity and that is to be removed or access to which is to be disabled, and information reasonably sufficient to permit us to locate the material; (iv) your contact information, including your address, telephone number, and an email address; (v) a statement by you that you have a good faith belief that use of the material in the manner complained of is not authorized by the copyright owner, its agent, or the law; and (vi) a statement that the information in the notification is accurate, and, under penalty of perjury, that you are authorized to act on behalf of the copyright owner.
We reserve the right to remove Content alleged to be infringing or otherwise illegal without prior notice and at our sole discretion. In appropriate circumstances, HNW-X will also terminate a User’s account if the user is determined to be a repeat infringer on in HNW-X’s interest to do so.
HNW-X may terminate your access to all or any part of the Site and Service at any time, with or without cause, with or without notice, effective immediately, which may result in the forfeiture and destruction of all information associated with your membership. If you wish to terminate your account, you may do so by following the instructions on the Site. All provisions of this Agreement shall survive termination, including, without limitation, ownership provisions, warranty disclaimers, indemnity and limitations of liability.
HNW-X has no special relationship with or fiduciary duty to you. You acknowledge that HNW-X has no control over, and no duty to take any action regarding: which users gains access to the Site; what Content you access via the Site; what effects the Content may have on you; how you may interpret or use the Content; or what actions you may take as a result of having been exposed to the Content. You release HNW-X from all liability for you having acquired or not acquired Content through the Site. HNW-X makes no representations concerning any Content contained in or accessed through the Site, and HNW-X will not be responsible or liable for the accuracy, copyright compliance, legality or decency of material contained in or accessed through the Site or the Service.
HNW-X neither represents, warrants, covenants guarantees, nor promises any specific results from use of the Site.
THE SITE, INCLUDING ANY CONTENT OR INFORMATION CONTAINED WITHIN IT OR ANY SERVICE OR ADVICE PROVIDED IN CONNECTION WITH THE SERVICE, IS PROVIDED “AS IS” WITH NO REPRESENTATIONS OR WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NON-INFRINGEMENT. YOU ASSUME TOTAL RESPONSIBILITY AND RISK FOR YOUR USE OF THIS SITE AND SITE-RELATED SERVICES.
HNW-X makes no representation or warranty, express or implied, with respect to any third-party data provided to HNW-X or its transmission, timeliness, accuracy or completeness, including but not limited to implied warranties or warranties of merchantability or fitness for a particular purpose. HNW-X will not be liable in any way to you or to any other person for (a) any inaccuracy, error or delay in, or omission of any third-party data or the transmission or delivery of any such third-party data and any loss or damage arising from any such inaccuracy, error, delay or omission, (b) non-performance or (c) interruption in any such third party data due either to any negligent act or omission by HNW-X or “force majeure” or any other cause beyond the control of HNW-X.
THE SERVICE IS PROVIDED “AS IS” AND “AS AVAILABLE” AND IS WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF TITLE, NON-INFRINGEMENT, MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE, AND ANY WARRANTIES IMPLIED BY ANY COURSE OF PERFORMANCE OR USAGE OF TRADE, ALL OF WHICH ARE EXPRESSLY DISCLAIMED. YOUR USE OF THE SERVICE IS SOLELY AT YOUR OWN RISK.
Electronic Communication Privacy Act Notice (18 U.S.C. §§ 2701-2711): HNW-X makes no guaranty of confidentiality or privacy of any communication or information transmitted on the site or any website linked to the site. HNW-X will not be liable for the privacy of email addresses, registration and identification information, disk space, communications, confidential or trade-secret information, or any other Content stored on HNW-X’s equipment, transmitted over networks accessed by the Site, or otherwise connected with your use of the Service.
By accessing the Site or using the Services, you agree to defend, indemnify, and hold harmless HNW-X, its affiliates and each of its, and its affiliated employees, contractors, directors, members, attorneys, suppliers and representatives from any and all liabilities, claims, demands, and expenses, including reasonable attorneys’ fees, that arise from or relate to your use or misuse of, or access to, the Site, Services, Content or otherwise, or from your User Submissions, violation of any agreement relating to your use of the Site or Service, or infringement by you, or any third party using your account, of any intellectual property or other right of any person or entity. HNW-X reserves the right to assume the exclusive defense and control of any matter otherwise subject to indemnification by you, at your sole and complete cost and expense, in which event you will assist and cooperate with HNW-X in asserting any and all available defenses.
LIMITATION OF LIABILITY
IN NO EVENT SHALL HNW-X, OR ITS DIRECTORS, EMPLOYEES, AGENTS, PARTNERS, MEMBERS, ATTORNEYS, INSURERS, SUPPLIERS OR CONTENT PROVIDERS, BE LIABLE UNDER CONTRACT, TORT, STRICT LIABILITY, NEGLIGENCE OR ANY OTHER LEGAL OR EQUITABLE THEORY WITH RESPECT TO YOUR ACCESS OF THE SITE OR USE OF THE SERVICES (I) FOR ANY LOST PROFITS, DATA LOSS, COST OF PROCUREMENT OF SUBSTITUTE GOODS OR SERVICES, OR SPECIAL, INDIRECT, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES OF ANY KIND WHATSOEVER, SUBSTITUTE GOODS OR SERVICES (HOWEVER ARISING), (II) FOR ANY MALWARE, VIRUSES, TROJAN HORSES, OR THE LIKE (REGARDLESS OF THE SOURCE OF ORIGINATION), OR (III) FOR ANY DIRECT DAMAGES IN EXCESS OF (IN THE AGGREGATE) ONE U.S. DOLLAR ($1.00). SOME STATES DO NOT ALLOW THE EXCLUSION OR LIMITATION OF INCIDENTAL OR CONSEQUENTIAL DAMAGES, SO THE ABOVE LIMITATIONS AND EXCLUSIONS MAY NOT APPLY TO YOU.
GOVERNING LAW; ARBITRATION
The Agreement (and any further rules, policies or guidelines incorporated by reference herein) shall be governed by and construed in accordance with the laws of the State of California, without regards to its conflicts of law principles. Unless otherwise agreed in writing by User and HNW-X, any dispute arising out of or relating to the Agreement, or the breach hereof, shall be finally resolved by arbitration administered under the then applicable Commercial Arbitration Rules of JAMS in Orange County, California. If parties are unable to select an arbitrator, then JAMS shall select the arbitrator consistent with its rules. Judgment on any award entered by the arbitrator may be entered in any court having jurisdiction thereof. User agrees that it may bring claims against HNW-X only in an individual capacity and not as a plaintiff or class member in any purported class or representative proceeding.
REGISTRATION DATA; ACCOUNT SECURITY
In consideration of your access to the Site or use of the Services, you agree to (a) provide accurate, current and complete information about you as may be prompted by any registration forms on the Site (“Registration Data”); (b) maintain the security of your password and identification; (c) maintain and promptly update the registration Data, and any other information that you provide to HNW-X, to keep it accurate, current and complete; and (d) accept all risks of unauthorized access to the Registration Data and any other information you provide to HNW-X.
INTEGRATION AND SEVERABILITY