Disclosures

Terms of Service and Disclosures

Visitors to the Clovis Point Website are requested to read the following:

Thank you for visiting the website of Clovis Point Capital, LLC (“Clovis Point”). By accessing this website, you acknowledge and agree to accept the following terms of service and disclosures (“Terms”), which may be updated by Clovis Point at any time. Any updates to the Terms will be posted here, and effective upon posting. As Clovis Point is under no obligation to alert the users of its website to such updates, you should consult this Terms of Service and Disclosures page each time you visit the website. Your continued use of the Site after any such modifications shall constitute your acceptance of these Terms, as modified.

1. Use of Website and Content

All content and information, and all trademarks, logos, copyrights and other intellectual property displayed on the website is owned by Clovis Point or their respective owners. By visiting this website, you agree to not use any website content commercially, forward it as a mass distribution, post it on another site, or otherwise copy, distribute, download or modify any portion of it without advance permission.

2. Investment Disclaimers

All information contained on this website, including any transaction described therein, is for informational and/or illustrative purposes only. Statements contained on this website that are not historical facts are based on current views, forward-looking statements, estimates, projections, opinions and/or beliefs of the Clovis Point team. Such statements involve risks, uncertainties and other factors. You should not rely on these statements as if they were facts.

The investments and strategies discussed throughout the website may not be suitable for all investors and nothing on this website is to be construed as a solicitation to offer investment advice or services. An offer or solicitation will be made only through a final private placement memorandum, subscription agreement and other related documents with respect to a particular investment opportunity and will be subject to the terms and conditions contained in such documents, including the qualifications necessary to become an investor. These documents contain information to help investors evaluate Clovis Point funds’ investment objectives, risks, fees and expenses, among other factors, before considering an investment. By using this website, you agree that Clovis Point is not liable for any action you take or decision you make in reliance on any website content.

Clovis Point is not utilizing this website to provide investment or other advice, and nothing on the website is to be deemed a recommendation that you buy, sell or hold any security or other investment or that you pursue any investment style or strategy. If you would like investment, accounting, tax or legal advice, you should consult with your own advisors with respect to your individual circumstances and needs.

Past performance is not necessarily indicative, nor a guarantee, of future results and no representation is made that any fund will or is likely to achieve results that are similar to those investments identified herein. Prior investments may have been made under different market, economic or other conditions than those in which future investments and/or strategies will be pursued, and as a result may not be replicated. Investors may lose part or all of their investment capital or face various other risks as described in the applicable offering documents.

Investment characteristics listed herein represent Clovis Point’s common targets; however, there can be no guarantee that future investments will display all such characteristics or that even if so, such investment will ultimately prove successful. Past performance is not indicative of future results.

The information regarding specific portfolio companies is presented to illustrate examples of the types of investments that Clovis Point may have made or recommended as of a particular date. Such information is not intended to serve as a recommendation to invest in any company or investment described herein. Further, it may not be representative of any current or future investments, and the performance of these investments is not necessarily indicative of the performance of all investments made or recommended by Clovis Point. It should not be assumed that such investments were or will be profitable or that any portfolio company investments made in the future will equal the performance of the companies identified herein. No guarantee of investment performance is being provided and no inference to the contrary should be made. Past performance is neither indicative or a guarantee of future results. A complete list of Clovis Point prior investments is available upon request.

The quotes of portfolio company executives set forth herein are provided to demonstrate the benefits of working with the Clovis Point team. Statements relate to the nature and type of financing, operational and other services provided by Clovis Point to its portfolio companies and do not constitute testimonials related to Clovis Point investment advisory services and no inference to the contrary should be made. They are not provided to solicit investors in a Clovis Point fund. Some executives featured in the testimonials have an interest in a Clovis Point fund; such executive’s testimonial is not offered on the basis of being an investor in a Clovis Point fund but rather as an executive who works with the Clovis Point team.

3. Linked Sites and Third-Party Information

Certain Links, including links to portfolio company websites, are provided on this website. These links are provided as a convenience and do not imply Clovis Point’s sponsorship or approval of any of these websites or their content. Clovis Point has no control or responsibility for other websites that may be accessible from this website, the contents thereof, their security or privacy policies or any products/services that may be offered by them. If you access any third-party website through this website or because it is referred to in this website, you do so at your own risk. Links to or from this website do not constitute and endorsement by Clovis Point of the parties or businesses which are linked, nor do they necessarily indicate any affiliation between us and such parties or businesses.

4. Representations and Limitations of Liability

All website content is provided “as is” and “as available.” Clovis Point makes no representations about the reliability of the website, its content or any other website features. Clovis Point and its affiliates disclaim all liability in the event of claims, losses or damages arising out of or in connection with any access, use or distribution of the website.

5. Governing Law, Jurisdiction and Severability

These Terms will be governed by and construed in accordance with the laws of Texas without regard to conflicts of laws or principals. By using this website, you hereby agree that any and all disputes regarding these Terms will be subject to the courts located in Harris County, Texas and you hereby consent and submit to the personal jurisdiction of such courts for the purposes of any such dispute or action. If any provision of these Terms shall be unlawful, void or for any reason unenforceable, then that provision shall be deemed severable from these Terms and shall not affect the validity and enforceability of any remaining provisions.