Terms of Use

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AGREEMENT TO TERMS OF USE


Please read the following terms and conditions ("Terms of Use") before using the Montauk Harbor Capital site. (the "Firm") website (the "Website"). Your access to and use of the Website is subject to these Terms of Use and all applicable laws and regulations. The Terms of Use constitute a legal agreement between you and the Firm. The Website is available only to, and may only be used by, individuals who can form legally binding contracts under applicable law. Without limiting the foregoing, the Website is not available to persons under age 18. By accessing and using the Website, you accept, without qualification, these Terms of Use. If you do not approve and accept these Terms of Use without qualification, you should exit the Website immediately.



PERSONAL AND NON-COMMERCIAL USE LIMITATION


The Website is for your personal and non-commercial use. The Firm grants you a non-exclusive, non-transferable and limited personal license to access and use the Website, conditioned on your continued compliance with these Terms of Use. You may not modify, copy (except as set forth below), distribute, transmit, display, perform, reproduce, publish, license, create derivative works from, transfer, or sell any information, products or services obtained from the Website. You may not link other websites to the Website without the Firm's prior written permission. You may print one hard copy of the information and download one temporary copy of the information into one single computer's memory solely for your own personal, non-commercial use and not for distribution, provided that all relevant copyright, trademark and other proprietary notices are kept intact. You may not allow others to use your user name or password to access or use any part of the Website. If your password has been compromised for any reason, you should contact the Firm immediately for a new password. If you provide your password to any third party, you will be solely responsible for any actions taken by such third party using your password. All information on the non-public (i.e., password-restricted) areas of the Website is confidential and private and you may not disclose or distribute such information to any other person for any purpose and is made available solely for your personal use in connection with your investment activities.


You are prohibited from using the Website to advertise or perform any commercial solicitation. You also are prohibited from using any robot, spider, scraper or other automated means to access the Website for any purpose without the prior written permission of the Firm. You may not take any action that imposes, or may impose, in our sole discretion, an unreasonable or disproportionately large load on our infrastructure, interfere or attempt to interfere with the proper working of the Website or any activities conducted on the Website, or bypass any measures that we may use to prevent or restrict access to the Website. Any rights not expressly granted herein are reserved.



NO SECURITIES OFFERING OR INVESTMENT ADVICE


The information on the Website is intended to enable investors to understand the nature of the Firm's financial advisory services. It is not intended as and does not constitute investment advice or legal or tax advice or an offer to sell any securities to any person or a solicitation of any person of any offer to purchase any securities. The information in the Website should not be construed as the Firm's endorsement, recommendation or sponsorship of any company or security. There are inherent risks in relying on, using or retrieving any information found on the Website, and the Firm urges you to make sure that you understand these risks before relying on, using or retrieving any information on the Website. You should evaluate the information made available through the Website, and you should seek the advice of professionals, as appropriate, to evaluate any opinion, advice, product, service or other information.


The Firm's services are designed to integrate with the services provided by its clients' other financial, legal and tax advisers, not to replace their services. The Firm advises its clients from time to time on non-investment related matters, but clients must rely on their other professional advisers for final approval and/or implementation of non-investment matters.


You acknowledge that any of your requests for information are unsolicited and any information shall neither constitute nor be construed as investment advice from the Firm to you or to form an investment advisory relationship, or any other client relationship between you and the Firm or any of its affiliates or employees. The Firm strongly recommends that you seek outside advice from a qualified securities professional. The Firm does not guarantee the suitability or potential value of any particular investment or information source. The Firm may invest or otherwise hold an interest in companies or securities that may be discussed on the Website.



PAST PERFORMANCE IS NOT COMPARABLE


The performance data presented on the Website reflect the reinvestment of dividends and other earnings, and net figures reflect the deduction of expenses, management fees and incentive fees and allocations.


The Firm believes that the performance shown on the Website was generated with an investment philosophy and methodology similar to that described in the funds' respective Confidential Offering Circulars and Private Offering Memoranda and that the Firm would expect to use in the future. Future investments, however, will be made under different economic conditions and in different securities and may be made using different investment strategies than were used during the times discussed herein. Furthermore, the performance discussed herein reflects investment of limited funds for a limited period of time and does not reflect performance in different economic or market cycles. You should not assume that any fund that the Firm advises will experience returns, if any, comparable to those described herein. Past performance does not indicate future returns. The performance results have not been compiled, reviewed or audited by an independent accountant. Results for the current year are based on the internal books and records of each fund and are subject to adjustment when that fund's financial statements for the current year are audited.


The Firm believes that comparing each fund's performance to any single market index or other benchmark is or may be inappropriate. These indices and benchmarks are provided for comparative purposes, but only as examples of general market performance. Unlike these indices and benchmarks, each fund's portfolio may contain options (including covered and uncovered puts and calls) and other derivative securities, futures and other commodity interests and currencies, and may include short sales of securities, margin trading, securities of smaller capitalization companies and types of securities that are different than those reflected in these indices and benchmarks, and is not as diversified as these indices and benchmarks. Due to the differences between the composition of a fund's portfolio and these indices and benchmarks, the Firm cautions potential investors that no such index or other benchmark is directly comparable to any fund.



TRUTHFUL INFORMATION


As a condition to your use of the Website, you represent and warrant to, and agree with, the Firm that, all of the information that you provide shall be truthful, accurate and complete.



DISCLAIMERS AND LIMITATION OF LIABILITY


THE INFORMATION, SOFTWARE AND SERVICES PUBLISHED ON THIS WEBSITE MAY INCLUDE INACCURACIES OR TYPOGRAPHICAL ERRORS. DUE TO VARIOUS FACTORS, INCLUDING THE INHERENT POSSIBILITY OF HUMAN AND MECHANICAL ERROR, THE ACCURACY, COMPLETENESS, TIMELINESS AND CORRECT SEQUENCING OF SUCH INFORMATION, SOFTWARE AND SERVICES AND THE RESULTS OBTAINED FROM THEIR USE ARE NOT GUARANTEED BY THE FIRM OR ANY PERSONS CREATING OR TRANSMITTING SUCH INFORMATION, SOFTWARE AND SERVICES.


THE FIRM AND/OR ITS RESPECTIVE SUPPLIERS MAY MAKE IMPROVEMENTS AND/OR CHANGES IN THE CONTENT AND OPERATION OF THE SITE AT ANY TIME WITHOUT NOTICE. THE SITE MAY BE TEMPORARILY UNAVAILABLE FROM TIME TO TIME DUE TO REQUIRED MAINTENANCE, TELECOMMUNICATIONS INTERRUPTIONS OR OTHER REASONS.


THE FIRM AND/OR ITS SUPPLIERS MAKE NO REPRESENTATIONS ABOUT THE SUITABILITY OF THE INFORMATION, SOFTWARE, PRODUCTS AND SERVICES CONTAINED ON THIS WEBSITE FOR ANY PURPOSE. ALL SUCH INFORMATION, SOFTWARE, PRODUCTS AND SERVICES ARE PROVIDED "AS IS" WITHOUT WARRANTY OF ANY KIND. THE FIRM AND/OR ITS RESPECTIVE SUPPLIERS HEREBY DISCLAIM ALL WARRANTIES AND CONDITIONS WITH REGARD TO THIS INFORMATION, SOFTWARE, PRODUCTS AND SERVICES, INCLUDING ALL IMPLIED WARRANTIES AND CONDITIONS OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, NON-INFRINGEMENT AND AVAILABILITY. BECAUSE SOME STATES/JURISDICTIONS DO NOT ALLOW THE EXCLUSION OF IMPLIED WARRANTIES, THE ABOVE EXCLUSION MAY NOT APPLY TO YOU.


YOUR USE OF THE SITE IS AT YOUR OWN RISK. YOU ARE SOLELY RESPONSIBLE FOR ANY DAMAGE TO YOUR COMPUTER SYSTEM, LOSS OF DATA OR ANY OTHER DAMAGE OR LOSS THAT RESULTS FROM THE DOWNLOAD OF ANY CONTENT FROM THE SITE. IN NO EVENT SHALL THE FIRM AND/OR ITS SUPPLIERS BE LIABLE FOR ANY DIRECT, INDIRECT, PUNITIVE, INCIDENTAL, SPECIAL OR CONSEQUENTIAL DAMAGES ARISING OUT OF OR IN ANY WAY CONNECTED WITH OR RELATING TO THE USE OF OR ACCESS TO THIS WEBSITE OR WITH THE DELAY OR INABILITY TO USE THIS WEBSITE, OR FOR ANY INFORMATION, SOFTWARE, PRODUCTS OR SERVICES OBTAINED THROUGH THIS WEBSITE, WHETHER BASED ON CONTRACT, TORT, STRICT LIABILITY OR OTHERWISE, EVEN IF THE FIRM OR ANY OF ITS SUPPLIERS HAS BEEN ADVISED OF THE POSSIBILITY OF DAMAGES. BECAUSE SOME STATES/JURISDICTIONS DO NOT ALLOW THE EXCLUSION OR LIMITATION OF LIABILITY FOR CONSEQUENTIAL OR INCIDENTAL DAMAGES, THE ABOVE LIMITATION MAY NOT APPLY TO YOU.


THE FIRM AND ANY PERSON CREATING OR TRANSMITTING THE INFORMATION ON THE SITE SHALL NOT BE LIABLE FOR ANY INFECTION BY VIRUSES OF OR DAMAGE TO ANY COMPUTER THAT RESULTS FROM YOUR USE OF, ACCESS TO OR DOWNLOADING OF SUCH INFORMATION. IF YOU ARE DISSATISFIED WITH THE INFORMATION, PRODUCTS OR SERVICES OFFERED AT THE SITE OR WITH THE TERMS AND CONDITIONS OF THESE TERMS OF USE, YOUR SOLE AND EXCLUSIVE REMEDY IS TO DISCONTINUE USE OF AND ACCESS TO THE SITE.



OWNERSHIP OF CONTENT


The Website and all of its content, including but not limited to all text, graphics, charts, audio, logos, images, data compilations, icons, code and software ("Content"), are the property of the Firm and are protected by U.S. and international copyright laws, with all rights reserved unless otherwise noted. All trademarks, service marks, trade names and other product and service names and logos displayed on the Website are proprietary to the Firm, including all registered and unregistered trademarks and service marks of the Firm. If the Website includes any trademarks, service marks, trade names or logos of any third parties, such items are the proprietary marks and names of their respective owners, and are protected by applicable trademark and intellectual property laws. Your use of any Content, whether owned by the Firm or any third party, without the Firm's express written permission, is strictly prohibited except as otherwise expressly permitted in these Terms of Use. Without limiting the foregoing, you are prohibited from using any of the Firm's copyrighted material or trademarks for any purpose, including, but not limited to, use as metatags, links or otherwise on any website, without the prior written permission of the Firm.



PRIVACY


To the extent that the Firm collects any information from users of the Website, the collection and use of such information is governed by the Firm's Website Privacy Policy [insert hyperlink], which you should read before providing any information to the Firm.



NO UNLAWFUL OR PROHIBITED USE


As a condition to your use of the Website, you represent and warrant to, and agree with, the Firm that you will not use the Website for any purpose that is unlawful or prohibited by these Terms of Use.



REFERENCES TO PUBLICATIONS AND OTHER COMPANIES


References to any publication or any other company in the Website are for reference and informational purposes only and are not intended to suggest that any of such companies endorse, recommend or approve of the services, analysis or recommendations of the Firm or that the Firm endorses, recommends or approves the services or products of such companies. News stories reflect only the author's opinion and not necessarily that of the Firm.



LINKS TO THIRD PARTY WEBSITES


The Website may contain hyperlinks to websites operated by parties other than the Firm, which the Firm may not have been screened or reviewed and which may contain inaccurate, inappropriate or offensive material, products or services. The Firm does not control such websites, and the Firm assumes no responsibility or liability regarding the accuracy, reliability, legality or decency of such third-party websites, content, products or services. Such hyperlinks are provided for your convenience only. The Firm's inclusion of hyperlinks to such websites does not imply any endorsement of the material on such websites or any association with their operators.



MODIFICATION AND MONITORING OF WEBSITE


The Firm may, at its discretion, change, modify, add or remove portions of these Terms of Use at any time without notice to you. We suggest that you check these Terms of Use periodically for changes. These Terms of Use can be accessed from the link at the bottom of each page. If you use the Website after we post changes to these Terms of Use, you accept the changed Terms of Use. The Firm expressly reserves the right to monitor any and all use of the Website.



TERMINATION AND CANCELLATION


The Firm may modify or terminate the Website and terminate your access to the Website, without notice at any time and for any reason.



INDEMNITY


You agree, at your own expense, to indemnify, defend and hold harmless the Firm, its parents, subsidiaries and affiliates, and their officers, partners, managers, members, employees, agents, distributors and licensees, from and against any judgments, losses, deficiencies, damages, liabilities, costs, claims, demands, suits, and expenses (including, without limitation, reasonable attorneys' fees and expenses) incurred in, arising out of or in any way related to your breach of these Terms of Use or the Privacy Policy, your use of the Website or any product or service related thereto, or any of your other acts or omissions.



JURISDICTIONAL ISSUES AND APPLICABLE LAW


Unless otherwise specified, the Firm controls and operates the Website from its offices within the State of Illinois, United States of America.


"The Firm does not claim that materials in the Website are appropriate or available for use in locations other than Illinois. If you choose to access the Website from other locations, you do so on your own initiative, and you are responsible for compliance with any applicable local laws.


"Software from the Website is further subject to United States export controls. Software from the Website may not be downloaded or otherwise exported or reexported outside the United States. By downloading or using such software, you represent and warrant that you are not located in, under the control of, or a national or resident of any country or territory outside of the United States.


These Terms of Use are governed by the laws of the State of Illinois, without regard to its choice of law provisions. You hereby consent to the exclusive and personal jurisdiction and venue of courts in the City and county of Chicago, Illinois which shall have exclusive jurisdiction over any and all disputes arising out of or relating to these Terms of Use, the use of the Website or any product or service related thereto. Use of the Website is unauthorized in any jurisdiction that does not give effect to all provisions of these terms and conditions, including without limitation this paragraph.



GENERAL


You agree that no joint venture, partnership, employment or agency relationship exists between you and the Firm as a result of these Terms of Use or use of the Website.


The Firm's performance of these Terms of Use is subject to existing laws and legal process, and nothing in these Terms of Use is in derogation of the Firm's right to comply with law enforcement requests or requirements relating to your use of the Website or information provided to or gathered by the Firm with respect to such use.


If any part of these Terms of Use is determined to be invalid or unenforceable pursuant to applicable law including, but not limited to, the warranty disclaimers and liability limitations set forth above, then the invalid or unenforceable provision shall be deemed superseded by a valid, enforceable provision that most closely matches the intent of the original provision and the remainder of these Terms of Use shall continue in effect.


By reviewing or using the information on the Website after accessing the Website, you represent and warrant that (a) you have the authority to enter into these Terms of Use and create a binding contractual obligation, (b) you understand and intend these Terms of Use to be the legal equivalent of a signed, written contract equally binding, and (c) you will use the information on the Website in a manner consistent with applicable laws and regulations in accordance with these Terms of Use, as the Firm may amend them online or otherwise from time to time. A printed version of these Terms of Use and of any notice given in electronic form shall be admissible in judicial or administrative proceedings based on or relating to these Terms of Use to the same extent and subject to the same conditions as other business documents and records originally generated and maintained in printed form.


These Terms of Use constitute the entire agreement between you and the Firm with respect to the Website and they supersede all prior or contemporaneous communications and proposals, whether electronic, oral or written, between you and the Firm with respect to the Website.


You agree to be bound by any agreement or consent you transmit to or through the Website via any media or electronic device, including internet, telephone and wireless devices.


Opt-in Consent Option

USER AGREEMENT


 
1. General. This “User Agreement” sets forth the terms and conditions that apply to your use of this Data Room (the “Site”). Vision Ridge Partners, LLC (together with its affiliates, the “Company”), reserves the right to suspend or terminate your access to and use of all or any portion of this Site at any time and for any reason, in its sole and absolute discretion. The Company may modify the terms of this User Agreement or any of the policies or guidelines governing access to or use of the Site, at any time and in its sole discretion, by posting a modified User Agreement on the Site. Your continued access to and use of the Site indicates your full acceptance of the User Agreement in its then-current form each time you access or otherwise use the Site. The User Agreement was last revised on November 10, 2020.
 
2. Password. Access to certain portions of the Site is password protected. You must not circumvent or attempt to circumvent the password protections or other security of the Site or submit content to the Site that is infringing or contains any viruses or computer programming routines that may damage, interfere with, or otherwise affect the operation of the Site or another’s computer or intercept or expropriate any system, data or personal information. Passwords must be kept strictly confidential and must not be shared with any other persons without the express written authorization of the Company. The Company reserves the right to terminate your access to password protected portions of the Site at any time. You are solely responsible for maintaining the confidentiality and security of your password and you must not disclose your password to any third party. You hereby verify that you are the person to whom the password has been issued to access the portions of the Site that are password protected. You accept full responsibility for any use of or action taken under your password on the Site and you agree to and hereby release the Company from any and all liability concerning such activity.
 
3. Confidentiality.
 
(a) The information available on the Site relates to the Company, its affiliates and affiliated investment funds. This information is highly confidential. You hereby agree to maintain such information in strict confidence and acknowledge that such information is proprietary and confidential, that the Company and its affiliates derive independent economic value from such information not being generally known, and that such information is subject to reasonable efforts by the Company to maintain its secrecy. You hereby agree that information available on the Site constitutes trade secrets and that the disclosure of any such information will cause substantial and irreparable competitive harm, as well as financial and strategic damage, to the Company, its affiliates and/or the portfolio companies of an investment fund managed by the Company or its affiliates (each a “Fund”). The reports available on the Site are for use by investors and potential investors or their authorized designees in such Fund, and you hereby agree that this information shall only be used by you in connection with an evaluation or the monitoring of such an investor’s or potential investor’s investment in such Fund. In addition, you agree that any information on this Site shall not be disclosed to any other person or entity or reproduced in any manner (by print, by electronic means or otherwise) without the express written authorization of the Company; provided, that such information may be disclosed on a need-to-know basis to other employees of your organization and to your investment advisers (so long as (i) they are bound by an obligation to maintain the confidentiality of such information that is at least as protective as your obligations under this User Agreement, and (ii) such other employees and investment advisers are not given your password to access this Site) or as explicitly required by applicable law. You agree to be responsible for the consequences of dissemination of any information from the Site by such employees and investment advisers. In addition, if you are an adviser to prospective investors in a Fund, you may additionally deliver information to your advised clients, provided that all such clients have entered into a non-disclosure agreement with you which provides a degree of protection to the information no less than that provided herein and that Company as discloser is a third-party beneficiary entitled to enforce the same, and provided that you will be liable for any unpermitted disclosures by your clients.
 
(b) In addition, if you are a current limited partner in a prior investment fund affiliated with the Company (each a “Prior Fund”), you hereby agree that all information on this Site that is related solely to your interest in such Prior Fund (i) may only be used by you in accordance with your duties and obligations as a limited partner in such Prior Fund, and (ii) is subject to and qualified in its entirety by such Prior Fund’s Limited Partnership Agreement, Subscription Agreement and Private Placement Memorandum, as applicable (each as amended from time to time and including, without limitation, any information, risk factors and other qualifications contained in such Private Placement Memorandum). All information on this Site that is not related solely to your interest in such Prior Fund shall be governed by your obligations described in the preceding paragraph.
 
4. Certain Securities Disclosures. Documents on this Site may contain various estimates of financial information and valuation of securities. While all such information is presented based on the exercise of the Company’s reasonable judgment, there can be no assurance that such information will prove to be accurate or that such valuations reflect the true fair market value of the securities referenced. In addition, certain factual statements made therein are based on information from various sources prepared by other parties, including without limitation, information obtained from portfolio companies. While such sources are believed by the Company to be reliable, neither the Company nor its affiliates assume any responsibility for the accuracy or completeness of such information. All documents and disclosures made on this Site are qualified in their entirety by the risk factors contained in the Private Placement Memorandum of Sustainable Asset Fund III (“SAF III”) and the terms and conditions of SAF III’s Limited Partnership Agreement and Subscription Agreement to be entered into prior to any investment.
 
5. No Agreement Relating to Fund Investment. You acknowledge and agree that no contract or agreement relating to an investment in SAF III shall be deemed to exist unless and until a definitive agreement providing for such investment shall be executed and delivered by you, SAF III, and the Company or an affiliate thereof. You also agree that unless and until such a definitive agreement has been executed and delivered by you, SAF III and the Company or an affiliate thereof, neither you nor SAF III nor the Company nor such an affiliate thereof shall have any legal obligation with respect to any investment by virtue of this User Agreement or otherwise.
 
6. Governing Law & Miscellaneous. This User Agreement is personal to you, is nonassignable and nontransferable by you, is governed by the laws of the State of Delaware and, subject to paragraph 1 above, may be modified or waived only in an agreement signed by both you and the Company. The confidentiality obligations under this User Agreement shall be continuing and shall survive termination of any other agreement between you and the Company, if any. If any provision in this User Agreement is found to be unenforceable, such provision will be limited or deleted to the minimum extent necessary so that the remaining terms remain in full force and effect. The prevailing party in any dispute or legal action regarding the subject matter of this User Agreement shall be entitled to recover attorneys’ fees and costs. All controversies, claims, counterclaims, or other disputes arising between you and the Company relating to your use of the Site or this User Agreement shall be submitted for binding arbitration in accordance with the rules of JAMS Inc.
 
7. Third-Party Beneficiary. You acknowledge and agree that all of the Company’s affiliates are intended third-party beneficiaries of this User Agreement and have the power and authority to enforce its provisions.
 
8. Contact. Should any third-party person formally request any confidential information from you or you become aware of any loss or unauthorized disclosure of confidential information, you shall immediately notify the Company via email to Chris Tehranian at ctehranian@vision-ridge.com.
 

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