Terms and Conditions of Use for SAFCapital.com

The information on this Web site is provided solely for general information purposes and does not create a business or professional services relationship, nor does it constitute an offer or solicitation of an offer, or any advice or recommendation, to purchase any securities or other financial instruments, and may not be construed as such.

Nothing in this website should be construed as an offer to sell or the solicitation of any offer to purchase an interest in any private investment fund managed by SAF Capital Management LLC. Any Such offer or solicitation can be made only through the delivery of a private placement memorandum.

The term "SAF Capital sites" and "safcapital.com" refers to all directories, subdirectories, and files therein contained within the safcapital.com domain. Your use of safcapital.com is subject to the following terms of use ("terms").

By using or accessing SAF Capital sites you accept and agree to be bound by these terms. Your use of safcapital.com is governed by these terms in effect on the date each SAF Capital site is accessed by you. SAF Capital may modify these terms at any time and without prior notice.

SAF Capital does not make any express or implied warranties about the SAF Capital sites. SAF Capital sites are made available to you "as is" and "as available" and SAF Capital does not warrant that any defects or inaccuracies will be corrected. SAF Capital makes no warranty that the SAF Capital sites will meet your needs, or that they will be uninterrupted, timely, secure or error-free. SAF Capital makes no warranty that the quality of any service, information, or other material obtained by you through the SAF Capital sites will meet your expectations.

SAF Capital will not be liable to you or anyone else for any consequential, incidental, special or indirect damages as a result of your use of safcapital.com. As a condition of your use of the SAF Capital sites, you agree to indemnify and hold SAF Capital and safcapital.com harmless from and against any and all claims, losses, liability, costs and expenses (including but not limited to attorneys' fees) arising from your use of SAF Capital sites, or from your violation of these terms.

Unless you and SAF Capital have agreed otherwise, links from another web site to an SAF Capital site must resolve to the top-level homepage of the domain. SAF Capital may terminate your access to SAF Capital sites for any reason, without prior notice.

SAF Capital Management LLC © 2006