USE OF CIPTADANA SERVICES

The following requirements apply to your use of all Ciptadana services:

• You will not use any electronic communication feature of a Ciptadana service for any purpose that is unlawful, tortious, abusive, intrusive on another's privacy, harassing, libelous, defamatory, embarrassing, obscene, threatening or hateful.
• You will not upload, post, reproduce or distribute any information, software or other material protected by copyright or any other intellectual property right (as well as rights of publicity and privacy) without first obtaining the permission of the owner of such rights.
• You will not collect or store personal data about other users.
• You will not use any Ciptadana service for any commercial purpose not expressly approved by Ciptadana in writing. You will not upload, post, e-mail or otherwise transmit any advertising or promotional materials, including, without limitation, "junk mail," "surveys," "spam," "chain letters," "pyramid schemes," or any other form of solicitation or unauthorized communication.
• You will not upload, post, e-mail or otherwise transmit any material that contains viruses or any other computer code, files or programs which might interrupt, limit or interfere with the functionality of any computer software or hardware or telecommunications equipment.

MARKET INFORMATION

We may make available to you through one or more Ciptadana services a broad range of financial information that we obtain from third party service providers. This includes financial market data, quotes, news, analyst opinions, and research reports. Collectively, we refer to this as "Market Information." Ciptadana does not endorse or approve Market Information, and we make it available to you only as a service and convenience. Ciptadana and our third party service providers do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of Market Information, or (2) warrant any results from your use or reliance on Market Information. Market Information may quickly become unreliable for various reasons including, for example, changes in market conditions or economic circumstances. Neither Ciptadana nor the third party service providers are obligated to update any information or opinions contained in any Market Information, and we may discontinue offering Market Information at any time without notice. You agree that neither Ciptadana nor the third party service providers will be liable to you in any way for the termination, interruption, delay, or inaccuracy of any Market Information. You will not redistribute or facilitate the redistribution of Market Information, nor will you provide access to Market Information to anyone who is not authorized by Ciptadana to receive Market Information. If you are a securities broker, dealer, banker, or investment advisor, you agree not to use Market Information provided by Ciptadana for any purpose related to your business.

NO INVESTMENT ADVICE OR RECOMMENDATIONS

Ciptadana services and content (including Market Information) are for information, education, and entertainment purposes only. Although Ciptadana services may provide information relating to investment approaches and opportunities to buy or sell securities, you should not construe any Market Information, features, tools or other content available through any Ciptadana service as legal, tax, investment, financial or other advice. Nothing contained in any Ciptadana service or any other content on our web site constitutes a solicitation, recommendation, endorsement, or offer by Ciptadana or a third party service providers to buy or sell any securities or other financial instruments.

You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any Ciptadana service before making any decisions based on Market Information or content contained in a Ciptadana service. In exchange for using Ciptadana services, you agree not to hold Ciptadana or any third party service providers liable for any possible claim for damages arising from any decision you make based on information made available to you through any Ciptadana service.

USE OF ACCESS DEVICES

With the exception of applications commonly known as web browser software, or other applications formally promoted, endorsed or approved by Ciptadana in writing, you agree not to use any software, program, application or any other device to access or log on to any Ciptadana service, including Ciptadana's computer systems, Web site or proprietary software or to automate the process of obtaining, downloading, transferring or transmitting any Market Information or any other content to or from any Ciptadana service, including Ciptadana's computer systems, web site or proprietary software.

DISCLOSURE OF POTENTIAL RELATIONSHIPS

Ciptadana and/or its employees or directors as well as its affiliates, consultants and third party service providers may have clients with positions in securities or companies referenced in Market Information and may, as principal or agent, buy from or sell to customers. From time to time, Ciptadana may perform investment banking or other services for, or solicit such services from, companies mentioned in Market Information. From time to time, Ciptadana or a third party service providers may be unable to provide Market Information with respect to certain companies with which Ciptadana or the third party service providers or their affiliates have certain business relationships.

SECURITY OF DATA TRANSMISSIONS AND STORAGE

Electronic (including wired and wireless) communications through the Ciptadana services may not be encrypted. You acknowledge that there is a risk that data, including e-mail, electronic and wireless communications and personal data, may be accessed by unauthorized third parties when communicated between you and Ciptadana or between you and other parties.

HYPERLINKS

Ciptadana may make available links from a Ciptadana service to other, third party sites or electronic services providers that are not affiliated with Ciptadana. Ciptadana does not control these other sites or services, and Ciptadana makes no representations or endorsements whatsoever concerning those sites or services. The fact that Ciptadana has provided a link to a site is not an endorsement, authorization, sponsorship, or affiliation with respect to such site, its owners, or its providers. There are risks in using any information, software, service or product found on the Internet, and Ciptadana cautions you to make sure you understand these risks before retrieving, using, relying upon, or purchasing anything via the Internet. You agree that under no circumstances will you hold Ciptadana liable for any loss or damage caused by use of or reliance on any content, goods or services available on other sites.

DISCLAIMERS OF WARRANTIES

ALTHOUGH CIPTADANA TRIES TO PROVIDE ACCURATE AND TIMELY INFORMATION THROUGH ITS CIPTADANA SERVICES, THERE MAY BE INADVERTENT TECHNICAL OR FACTUAL INACCURACIES AND TYPOGRAPHICAL ERRORS. CIPTADANA RESERVES THE RIGHT TO MAKE CHANGES AND CORRECTIONS AT ANY TIME, WITHOUT NOTICE. THE INFORMATION PROVIDED THROUGH THE CIPTADANA SERVICES IS PROVIDED "AS IS" AND "AS AVAILABLE." CIPTADANA DOES NOT WARRANT THE ACCURACY, COMPLETENESS OR TIMELINESS OF THE INFORMATION, TEXT, GRAPHICS, LINKS OR OTHER ITEMS CONTAINED IN THE CIPTADANA SERVICES. CIPTADANA PROVIDES NO GUARANTEE AGAINST THE POSSIBILITY OF DELETION, MIS-DELIVERY OR FAILURE TO STORE COMMUNICATIONS, PERSONALIZED SETTINGS, OR OTHER DATA. CIPTADANA EXPRESSLY DISCLAIMS ALL LIABILITY FOR ERRORS OR OMISSIONS IN, OR THE MISUSE OR MISINTERPRETATION OF, ANY INFORMATION CONTAINED IN THE CIPTADANA SERVICES. CIPTADANA MAY CHANGE INFORMATION CONTAINED IN THE CIPTADANA SERVICES AT ANY TIME AND MAKES NO COMMITMENT TO UPDATE THE INFORMATION CONTAINED IN THE CIPTADANA SERVICES. YOU ASSUME THE ENTIRE RISK AS TO THE USE OF THE CIPTADANA SERVICES.

FURTHER, CIPTADANA MAKES NO WARRANTIES REGARDING THE CIPTADANA SERVICES. CIPTADANA AND ITS AFFILIATES AND AGENTS (INCLUDING THIRD PARTY SERVICE PROVIDERS) DISCLAIM ALL WARRANTIES, EITHER EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO IMPLIED WARRANTIES OF MERCHANTABILITY, ACCURACY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT.

SOME STATES DO NOT ALLOW LIMITATIONS ON HOW LONG AN IMPLIED WARRANTY LASTS, SO THE ABOVE LIMITATIONS MAY NOT APPLY TO YOU. YOU MAY HAVE OTHER RIGHTS WHICH VARY FROM STATE TO STATE.

ANY MATERIAL DOWNLOADED OR OTHERWISE OBTAINED THROUGH THE USE OF THE CIPTADANA SERVICES IS DONE AT YOUR OWN DISCRETION AND RISK AND YOU ARE SOLELY RESPONSIBLE FOR ANY DAMAGE TO YOUR COMPUTER OR OTHER ELECTRONIC SYSTEM OR LOSS OF DATA THAT RESULTS FROM THE DOWNLOAD OF ANY SUCH MATERIAL. NO ADVICE OR INFORMATION, WHETHER ORAL OR WRITTEN, OBTAINED BY YOU FROM CIPTADANA OR THROUGH OR FROM THE CIPTADANA SERVICES, WILL CREATE ANY WARRANTY NOT EXPRESSLY STATED IN THESE TERMS.

LIMITATION OF LIABILITY AND INDEMNIFICATION

YOU AGREE TO INDEMNIFY AND HOLD CIPTADANA AND ITS AFFILIATES, AGENTS, EMPLOYEES, AND LICENSORS (INCLUDING THE THIRD PARTY SERVICE PROVIDERS) HARMLESS FROM ANY CLAIM, DEMAND, LOSS, COSTS OR EXPENSE, INCLUDING ATTORNEYS' FEES, MADE BY ANY PERSON ARISING OUT OF YOUR VIOLATION OF THIS AGREEMENT, LAWS OR REGULATIONS, OR ANY OTHER PERSON'S RIGHTS, INCLUDING BUT NOT LIMITED TO INFRINGEMENT OF ANY COPYRIGHT OR VIOLATION OF ANY PROPRIETARY OR PRIVACY RIGHT.

UNDER NO CIRCUMSTANCES, INCLUDING BUT NOT LIMITED TO A NEGLIGENT ACT, WILL CIPTADANA OR ITS AFFILIATES, AGENTS, EMPLOYEES, OR LICENSORS (INCLUDING THIRD PARTY SERVICE PROVIDERS) BE LIABLE FOR ANY DAMAGES OF ANY KIND THAT RESULT FROM THE USE OF, OR THE INABILITY TO USE, ANY CIPTADANA SERVICE, EVEN IF ANY SUCH PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. APPLICABLE LAW MAY NOT ALLOW THE LIMITATION OR EXCLUSION OF LIABILITY OR INCIDENTAL OR CONSEQUENTIAL DAMAGES, SO THE ABOVE LIMITATION OR EXCLUSION MAY NOT APPLY TO YOU.

IN NO EVENT WILL CIPTADANA OR ITS THIRD PARTY SERVICE PROVIDERS BE LIABLE TO YOU OR ANY THIRD PARTY FOR ANY TORT, CONTRACT OR ANY OTHER LIABILITY ARISING IN CONNECTION WITH THE USE OF A CIPTADANA SERVICE, OR RELIANCE ON ANY INFORMATION OR SERVICES PROVIDED BY CIPTADANA. CIPTADANA AND ITS THIRD PARTY SERVICE PROVIDERS WILL UNDER NO CIRCUMSTANCES BE LIABLE TO YOU AND/OR ANY THIRD PARTY, REGARDLESS OF THE FORM OF ACTION, FOR ANY LOSS OF PROFITS, GOODWILL, USE, DATA OR OTHER INTANGIBLE LOSSES, OR ANY DIRECT, INDIRECT, SPECIAL, CONSEQUENTIAL, INCIDENTAL OR PUNITIVE DAMAGES WHATSOEVER, EVEN IF CIPTADANA OR ITS THIRD PARTY SERVICE PROVIDERS HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES RESULTING FROM: (i) THE USE OR THE INABILITY TO USE THE CIPTADANA SERVICES; (ii) THE TIMELINESS, DELETION, MISDELIVERY, OR FAILURE TO STORE ANY USER DATA, COMMUNICATIONS OR PERSONALIZATION SETTINGS; (iii) THE COST OF GETTING SUBSTITUTE GOODS AND SERVICES RESULTING FROM ANY PRODUCTS, DATA, INFORMATION OR SERVICES PURCHASED OR OBTAINED OR MESSAGES RECEIVED OR TRANSACTIONS ENTERED INTO, THROUGH OR FROM THE CIPTADANA SERVICES; (iv) UNAUTHORIZED ACCESS TO OR ALTERATION OF YOUR TRANSMISSIONS OR DATA; (v) STATEMENTS OR CONDUCT OF ANYONE ON THE CIPTADANA SERVICES; (vi) THE USE, INABILITY TO USE, UNAUTHORIZED USE, PERFORMANCE OR NON-PERFORMANCE OF ANY THIRD PARTY, EVEN IF THE THIRD PARTY HAS BEEN ADVISED PREVIOUSLY OF THE POSSIBILITY OF SUCH DAMAGES; OR (vii) ANY OTHER MATTER RELATING TO THE CIPTADANA SERVICES. YOU AGREE THAT YOU WILL NOT IN ANY WAY HOLD CIPTADANA RESPONSIBLE FOR ANY SELECTION OR RETENTION OF, OR THE ACTS OR OMISSIONS OF, THIRD PARTIES (INCLUDING THIRD PARTY SERVICE PROVIDERS) IN CONNECTION WITH THE CIPTADANA SERVICES.

RESTRICTIONS ON USE

Except as otherwise permitted by Ciptadana, no materials from the Ciptadana services or any site owned, operated, licensed or controlled by Ciptadana may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way. You may download material displayed on the Ciptadana services for non-commercial, personal use. If you do so, you agree to retain all copyright and other proprietary notices contained on the materials. You may not use, distribute, modify, transmit, or post the content of the Ciptadana services for public or commercial purposes, including any text, images, audio, or video without Ciptadana's written permission.

TRADEMARKS AND COPYRIGHTS

The Ciptadana services are owned by Ciptadana or its affiliates or agents. All content, trademarks, services marks, trade names, logos, and icons are proprietary to Ciptadana or its affiliates, licensors or agents. Nothing contained in the Ciptadana services should be construed as granting, by implication, estoppel, or otherwise, any license or right to use any trademark displayed on the Ciptadana services without the written permission of Ciptadana or such third party that may own the trademarks displayed on the Ciptadana services. Your use of the trademarks displayed on the Ciptadana services, or any other content in the Ciptadana services, except as provided herein, is strictly prohibited. Images displayed through the Ciptadana services are either the property of, or used with permission by, Ciptadana. You are prohibited from using or authorizing the use of these images. Any unauthorized use of the images may violate copyright laws, trademark laws, the laws of privacy and publicity, or other regulations and statutes.

MODIFICATIONS, SUSPENSIONS AND TERMINATIONS OF CIPTADANA SERVICES

Ciptadana reserves the right to modify or discontinue, temporarily or permanently, a Ciptadana service (or any part thereof) with or without notice. You agree that Ciptadana will not be liable to you or to any third party for any modification, suspension or discontinuance of a Ciptadana service. Please keep in mind that extended periods of inactivity may also result in your enrollment in a Ciptadana service being canceled.