The information offered byStage 1 Ventures, LLC (together with its affiliates “S1V”) on the web sitelocated at www.stage1ventures.com(this “Site”) is subject to the followingterms and conditions (these “Terms and Conditions”):

By accessing, browsing and/or using this Site, youacknowledge and agree to these Terms and Conditions. If you do not agree toevery provision of these Terms and Conditions, please do not access, browse oruse this Site. We reserve the right to revise these Terms and Conditions at anytime and for any reason, without notice or obligation, by updating this posting(please note the date of last update, as indicated below). By accessing,browsing and/or using this Site following the posting of changes to these Termsand Conditions, you accept such change(s). Any use of this Site in a mannerinconsistent with these terms and conditions is deemed unauthorized access andmay subject the user to civil or criminal penalties. We strongly recommend thatyou periodically visit this page of the Site to review these Terms andConditions.

1. RESTRICTED USE OF SITE MATERIALS
‍As between S1V and you, S1Vis the copyright owner of all the material on this Site, such as software,text, graphics, charts, information, images, reports, presentations and othermaterial (collectively referred to as the “Content”). S1V grants you a limitedright to access and use this Site. You may not download or modify this Site orany Content, except with the prior express written consent of S1V. By way ofillustration of the foregoing, you ARE NOT granted any license for (i) anyresale or commercial use of this Site or the Content; (ii) any derivative useof this Site or the Content; or (iii) any use of data mining, robots, orsimilar data gathering and extraction tools. Any unauthorized use by you shallautomatically terminate all rights granted to you hereunder.Although S1V provides the Content for your personal,non-commercial use, S1V retains its property rights, such as those rights underU.S. and international copyright law, to all Content, including but not limitedto non-textual information components, such as graphic images and trade dress,that are part of or incident to the Content. This means that without the priorexpress written permission of S1V, you MAY NOT (i) distribute Content toothers; (ii) include Content on any other web site, on a server computer, or indocuments, including but not limited to “mirroring” the information and/ordisplaying the information by means of HTML frames or similar means; or (iii)modify or re-use the Content. S1V reserves all rights not expressly grantedherein.You acknowledge and agree that any name, logo, trademark,or service mark contained on this Site is owned or used with permission by S1Vand may not be used by you without the express prior written approval of S1V orthe relevant owner of the name, logo, trademark or service mark. S1V willaggressively enforce its intellectual property rights to the full extent of thelaw. Your use of any of these materials is prohibited unless specificallypermitted by S1V in writing prior to any such use. Any unauthorized use ofthese materials may subject you to penalties or damages, including but notlimited to those related to violation of trademarks, copyrights, privacy andpublicity rights.

2. LINKING
‍You may not link to thisSite from any pornographic, obscene, profane, defamatory, libelous,threatening, unlawful or other web site or material which could constitute orencourage unlawful conduct that would be considered a criminal offense, giverise to civil liability, or otherwise violate any law or regulation.Notwithstanding the fact that S1V or other parties involved in creating,producing, or delivering this Site, may monitor or review any links to thisSite, S1V and such parties, assume no responsibility or liability which mayarise from the content thereof, including but not limited to claims fordefamation, libel, slander, obscenity, pornography, profanity, ormisrepresentation.

Although this Site may link to other web sites (“ExternalSites”), S1V is not, directly or indirectly, implying any approval,association, sponsorship, endorsement, or affiliation with any External Site,unless specifically stated herein. By entering this Site you acknowledge andagree that S1V has not reviewed the External Sites and is not responsible forthe content contained on any External Site. Your access and use of any ExternalSite is at your own risk.

3. LIMITATIONS OF LIABILITY
You acknowledge and agreethat your use of this Site and any Content is at your own risk. IN NO EVENTSHALL S1V, ITS AFFILIATES, THEIR RESPECTIVE OFFICERS, AGENTS AND EMPLOYEES ORANY OF THE PARTIES INVOLVED IN CREATING, PRODUCING, OR DELIVERING THIS SITE BELIABLE FOR ANY DAMAGES WHATSOEVER (INCLUDING, WITHOUT LIMITATION, DIRECTDAMAGES, INCIDENTAL AND CONSEQUENTIAL DAMAGES, LOST PROFITS, LEGAL FEES, EXPERTFEES, OTHER DISBURSEMENTS OR DAMAGES RESULTING FROM LOST DATA OR BUSINESSINTERRUPTION) RESULTING FROM, DIRECTLY OR INDIRECTLY, YOUR USE OR INABILITY TOUSE THE SITE AND/OR THE CONTENT, INCLUDING BUT NOT LIMITED TO ANYTHING CAUSEDBY ANY VIRUSES, BUGS, HUMAN ACTION OR INACTION OR ANY COMPUTER SYSTEM, PHONELINE, HARDWARE, SOFTWARE, OR PROGRAM MALFUNCTIONS, OR ANY OTHER ERRORS,FAILURES OR DELAYS IN COMPUTER TRANSMISSIONS OR NETWORK CONNECTIONS, WHETHERBASED ON WARRANTY, CONTRACT, TORT (INCLUDING NEGLIGENCE), OR ANY OTHER LEGALTHEORY, EVEN IF THAT PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF ANY SUCH DAMAGES.

4. DISCLAIMERS
While S1V makes reasonableefforts to ensure that the Content is correct, S1V makes no warranties orrepresentations as to the accuracy of the Content.

THIS SITE AND ALL CONTENT IS PROVIDED TO YOU “AS IS” AND“AS AVAILABLE,” AND S1V HEREBY DISCLAIMS ALL WARRANTIES OF ANY KIND, EITHEREXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO THE IMPLIED WARRANTY OFMERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE AND NON-INFRINGEMENTTO THE FULL EXTENT PERMITTED BY LAW. TO THE FULLEST EXTENT PERMITTED BY LAW, S1VALSO DISCLAIMS ANY WARRANTIES FOR THE SECURITY, RELIABILITY, TIMELINESS, ANDPERFORMANCE OF THIS SITE.

5. APPLICABLE LAW AND JURISDICTION
You agree that the laws ofthe State of Delaware, without regard to its principles of conflict of laws,will govern these Terms and Conditions and any dispute concerning or related tothese Terms and Conditions. You hereby expressly agree to submit to theexclusive personal jurisdiction of the federal and state courts sitting in Delawarefor the purpose of resolving any dispute relating to your access to or use ofthis Site. S1V may seek injunctive or other appropriate relief in any state orfederal court in the Delaware, and you consent to exclusive jurisdiction andvenue in such courts.

6. TERMINATION OF THE AGREEMENT
S1V reserves the right, in its sole discretion, to restrict, suspend, or terminate these Terms and Conditions and access to all or any part of the Site or the Content, at any time and for any reason without prior notice or liability. S1V reserves the right to change, suspend, or discontinue all or any part of the Site or the Content at any time without prior notice or liability. If these Terms and Conditions are terminated, this clause and Sections 1, 3, 4, 5, and 8 shall survive the termination of these Terms and Conditions.

7. PRIVACY STATEMENT
To understand our privacy practices, please review our Privacy Policy which governs your visit to this Site.

8. GENERAL
If any of these terms and conditions are deemed invalid, void or unenforceable, such term or condition shall be deemed severable and shall not affect the validity or enforceability of the remaining terms and conditions. Failure of S1V to act on or enforce any provision of these Terms and Conditions shall not be construed as a waiver of that provision or any other of these Terms and Conditions.