CRAYHILL CAPITAL MANAGEMENT LP
WEBSITE TERMS OF USE

These Terms and Conditions of Use (“Terms”) are intended to constitute a binding agreement that conditions your use of the website (the “website”) of Crayhill Capital Management LP and its affiliates (“Crayhill”, “we”, ”us” and ”our”). By using or accessing this website, you signify that you understand these Terms and agree to be bound by them. If you do not agree to these Terms, please do not use this website. We reserve the right to change these Terms at any time without notice and any changes will become effective when we post the updated Terms on this website. Your use or access of this website after we post such updated Terms will constitute your agreement to such changes. Our privacy policy is hereby incorporated by reference into and made a part of these Terms.

Disclaimer

This website is for informational purposes only. The contents of this website are not, and shall not be construed as, an offer to sell or a solicitation of an offer to buy an interest in any investment fund, vehicle or account managed by Crayhill. Any such offer will only be made to privately solicited sophisticated investors who have been pre-qualified as to investment suitability, net worth and other matters, after delivery of any required disclosure or offering documents, and only in such jurisdictions in which such an offer would be lawful. The information contained herein is not legal, tax, investment, accounting or other advice and should not be relied upon in making an investment decision. You should seek professional advice regarding the appropriateness of investing in any financial instruments or investment strategies discussed on this website and should understand that statements regarding future prospects may not be realized.

This website and all information and content on it are presented “AS IS,” without warranty of any kind, express or implied, including but not limited to implied warranties of merchantability or fitness for a particular purpose or investor, to the fullest extent permissible pursuant to applicable law. Crayhill will not assume any liability for any loss or damages whatsoever, arising directly or indirectly or caused by your use or access of this website.

Unless otherwise specified, this website and its contents are directed at residents of the United States, its territories, possessions and protectorates. Crayhill controls and operates the website from its offices within the State of New York in the United States. Crayhill makes no representation that this website or its contents are appropriate for use in other locations. If you access this website or its contents from outside the United States, you are responsible for establishing the legality, usability and correctness of such information and the compliance of that information with local laws, if applicable.

Certain jurisdictions prohibit disclaimers for certain types of damages, waivers against future fraud or the limitation(s) or exclusions of liability. Consequently, such limitations and waivers may not apply to you and Crayhill’s liability is limited to the maximum extent permitted by applicable law in these jurisdictions.

Restrictions on Use of the Website and its Materials

You may not copy, modify, post, distribute or otherwise transmit in any way any text, graphics, video, audio, software code, user interface design or logos without Crayhill’s express written consent. Unless otherwise indicated, all information and materials that are part of this website are copyrights, trademarks, service marks, trade names, trade dress and/or other intellectual property owned, controlled or licensed by Crayhill and all rights in such materials are expressly reserved.

Any use of this site or its contents for or in connection with any illegal, fraudulent, harassing or similar purpose is strictly prohibited and you accept any and all liability resulting from such prohibited use. You agree to hold harmless and indemnify Crayhill and its respective officers, directors, agents, partners, members, controlling entities and employees (each, an “Indemnified Party”) from and against any liability, claim, cost, loss, judgment, damage or expense that any Indemnified Party incurs or suffers as a result of, or arising directly or indirectly out of, your access or use of this website or any content contained herein, including but not limited to your violation of these Terms.

Electronic Communications

If you communicate electronically with Crayhill, whether by email or otherwise, you consent to receive electronic communications from Crayhill and agree that all communications we provide to you electronically satisfy any legal requirement that such communication be in writing. You are encouraged to retain your own copies of any electronic communications with Crayhill; however, upon your request, we will provide you with hard copies of your communications and other relevant information. To make a request, please contact info@crayhill.com.

Links

This website may contain hyperlinks to websites operated by other parties. Such links are provided for your reference only. Crayhill is not responsible for the content or accuracy of, and does not control or otherwise endorse, any of the content contained on such websites.

Other Terms

We may collect your IP address, your company name, or other information that we can obtain using technology within this website, and you may be requested to provide your name, email address or other information. Crayhill will not sell or distribute such information to third parties; however, we may use such information for our internal business purposes. This process may use “cookies”, which allow the website to recognize prior visitors or use other methods to track visitor usage. You can choose to deactivate this function, but, doing so may result in decreased efficiency in your use of the website. Any submission of personal information to Crayhill is at your own risk.

If any provision of these Terms is deemed unlawful, invalid, void or unenforceable for any reason, such provision shall be deemed severable and deleted from this agreement, and shall not affect the validity or enforceability of the remaining provisions. These Terms shall be governed by and

construed in accordance with the laws of the State of New York without regard to the conflict of law provisions thereof and you agree that any dispute arising out of or related to these Terms or your use of this website shall be submitted to binding arbitration in New York, NY and conducted pursuant to the then prevailing rules of the American Arbitration Association. To the fullest extent permitted by law, no arbitration brought pursuant to these Terms shall be joined to any other arbitration initiated pursuant to these Terms.