Terms of Use

1. Introduction
   
   
   1. Reech may revise this legal notice at any time by updating this posting. You should check this Website from time to time to review the current legal notice, because it is binding on you. Certain provisions of this legal notice may be superseded by expressly designated legal notices or terms located on particular pages at this Website.
      
      
2. Intellectual Property Rights
   
   
   1. The contents of this Website are protected by international copyright laws and other intellectual property rights.
      
      
   2. The owner of these rights is Reech, its affiliates or other third party licensors.
      
      
   3. All product and company names and logos mentioned on this Website are the trade marks, service marks or trading names of their respective owners, including us.
      
      
   4. You are permitted to print and download extracts from this Website only for your personal reference, and only provided that:
      
      
      1. no documents or related graphics on this Website are modified or copied in any way;
         
         
      2. no graphics on this Website are used separately from accompanying text; and
         
         
      3. the status of Reech (and that of any identified contributors) as the author of any material on this Website is always acknowledged.
         
         
      Otherwise, no part of this Website may be reproduced or stored, modified, copied, republished, uploaded, posted, transmitted or distributed, by any means or in any manner, or included in any other website or in any public or private electronic retrieval system or service including but not limited to text, graphics, video, messages, code and/or software without our express prior written consent.
      
      
   5. Any commercial use or exploitation of this Website or its content is strictly prohibited.
      
      
   6. If you breach any of the terms in this legal notice, your permission to use this Website automatically terminates and you must immediately destroy any downloaded or printed extracts from this Website.
      
      
3. Access
   
   
   1. While Reech endeavours to ensure that this Website is available 24 hours a day, Reech shall not be liable if for any reason this Website is unavailable at any time or for any period. We reserve the right to make changes or corrections, alter, suspend or discontinue any aspect of the Website, the content or services or products available through it, including your access to it.
      
      
   2. Reech reserves the right to restrict certain areas of information accessible via the Website to our approved, registered users. If any area of the Website requires you to register with us, then we may accept or refuse your application for registration (in our absolute discretion). You agree to provide at all times truthful and accurate information in applying to register to use the Website and using any registration granted. Your registration will not be transferable and you are solely responsible for any activity which occurs on or through your user name, password or account, whether or not authorised by you and keeping secure and confidential these things. You must change your password immediately if you believe that your registration may have been used without your authorisation.
      
      
   3. Reech reserves the right to terminate your access to the Website at any time without notice.
      
      
4. Privacy Policy
   
   
   1. Please see our Privacy Policy.
      
      
5. Acceptable Use
   
   
   1. You must not use the Website for any unlawful or fraudulent purposes. In particular, you must not access without authority, interfere with, damage or disrupt the Website or any part of it; any equipment or network on which the Website is stored; any software used in connection with the provision of the Website; or any equipment, software or website owned or used by a third party. You must not attack our site via a denial-of-service attack or a distributed denial-of service attack.
      
      
   2. We will not be liable for any loss or damage caused by a distributed denial-of-service attack, viruses or other technologically harmful material that may infect your computer equipment, computer programs, data or other proprietary material due to your use of our site or to your downloading of any material posted on it, or on any website linked to it.
      
      
   3. Without prejudice to its other rights or remedies, Reech reserves the right to take legal proceedings against you for reimbursement of all costs or losses (on an indemnity basis) resulting from your breach of this clause 5, and to disclose such information to law enforcement agencies as Reech reasonably believes is necessary.
      
      
6. Disclaimer
   
   
   1. While Reech endeavours to ensure that the information on this Website is correct, Reech does not warrant the accuracy or completeness of the material on this Website. The Website may contain typographical errors or other inaccuracies, or information that is out of date. Reech is under no obligation to update such material.
      
      
   2. The material on this Website is provided "as is", without any conditions, warranties or other terms of any kind. Accordingly, to the maximum extent permitted by law, Reech provides you with this Website on the basis that Reech excludes all representations, express or implied warranties, conditions and other terms which but for this legal notice might have effect in relation to this Website.
      
      
   3. The website is a general overview of the Reech AIM Group SA, and is qualified in its entirety by reference to the applicable offering memorandum, articles of association (with respect to each of the Reech Offshore Feeder Funds and the Master Fund), limited partnership agreement (with respect to the US Feeder Funds) and the applicable subscription agreement, (the "Investment Documents") relating to the purchase of interests in either or both of the Feeder Funds.
      
      
   4. The information in this website is being furnished on a confidential basis for discussion purposes to a limited number of investors. Neither the information, nor any opinion expressed constitutes a solicitation, or recommendation by us of the purchase or sale of any securities or other financial instruments. This material is intended for the sole use of the person or firm to whom it is provided by us. Any reproduction or distribution of this information, in whole or in part, or the disclosure of its contents, without prior written consent is prohibited. This website is not intended to be, nor shall it be construed as, an offer, or a solicitation of an offer, to buy or sell an interest in any of the Feeder Funds or the Master Fund. Nothing in this website constitutes accounting, legal, regulatory, tax or other advice.
      
      
   5. Any decision to subscribe for interests in any Feeder Fund must be made solely on the basis of information contained in, and pursuant to the conditions of, the Investment Documents, which information may be different from the information contained in this website. Recipients should form their own assessment and take independent professional advice on the merits of investment and the legal, regulatory, tax and investment consequences and risks of doing so. None of the Funds or the Managers accept any responsibility to any person for the consequences of any person placing reliance on the content of this information for any purpose. The information contained in this website, including any data, projections and underlying assumptions, are based upon certain assumptions, management forecasts and analysis of information available as at the date of this document and reflects prevailing conditions and our views as of the date of the document, all of which are accordingly subject to change at any time without notice and none of the Funds or the Managers is under any obligation to notify you of any of these changes.
      
      
   6. In preparing this website, we have relied upon and assumed, without independent verification, the accuracy and completeness of all information available from public sources or which was otherwise reviewed by us. While the information provided herein is believed to be reliable, none of the Funds or the Managers makes any representation or warranty whether express or implied, and accept no responsibility for, its completeness or accuracy or reliability. Investment in the Funds is subject to significant risks of loss of income and capital and interests in the Funds will be subject to restrictions on transfer. There will be no public market for interests in the Funds and they will not be negotiable on the capital markets. Investors must regard any investment as illiquid and be prepared to bear the risks of investment for the lifetime of the Funds. Past performance information contained in this material is not an indication of future performance. It has not been audited or verified by an independent party and should not be seen as any indication of returns which might be received by investors in the Funds. Similarly where projections, forecasts, targeted or illustrative returns or related statements or expressions of opinion are given ("Forward Looking Information") they should not be regarded by any recipient of this material as a guarantee, prediction or definitive statement of fact or probability.
      
      
   7. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. A number of factors, in addition to any risk factors stated in this material, could cause actual results to differ materially from those in any Forward Looking Information. There can be no assurance that the Funds' investment strategy or objective will be achieved or that investors will receive a return of the amount invested. This document is addressed only to persons in the United Kingdom falling within one or more of the following exemptions from the restrictions in section 21 of the Financial Services and Markets Act 2000 ("FSMA"): Authorised firms under FSMA and certain other investment professionals falling within article 19 of the FSMA (Financial Promotion) Order 2005 ("FPO") and their directors, officers and employees acting for such entities in relation to investment; and High value entities falling within article 49 FPO and their directors, officers and employees acting for such entities in relation to investment. Interests in the Funds will not be registered under the United States Securities Act of 1933 (as amended) (the "1933 Act") or under any state securities or "blue sky" laws of the United States. Interests will be offered and this document may only be distributed outside the United States pursuant to the exemption from registration under Regulation S (promulgated under the 1933 Act) and inside the United States in reliance on Regulation D (promulgated under the 1933 Act) and Section 4(2) thereof. The Funds will not be registered under the United States Investment Company Act 1940, as amended (the "1940 Act") since interests will only be sold to US Persons (as defined under Regulation S) who are both "accredited investors" (as defined in Regulation D) and "qualified purchasers" (as defined under the 1940 Act). Interests in the Funds will not be approved (or disapproved) by the US Securities Exchange Commission, any state securities commission or other regulatory authority. As with all investments, economic, legislative and other circumstances may change during the life of the Fund.
      
      
7. Liability
   
   
   1. Commentary and other materials posted on our site are not intended to amount to advice on which reliance should be placed. Reech and its respective partners, officers, members, employees and advisers shall not be liable for any direct or indirect or consequential loss or damage, nor for any loss of revenue, profit, business, data, goodwill or anticipated savings suffered by any person as a result of reliance on a statement or omission on, or the use of, this Website.
      
      
   2. Where the Website contains links to third party websites and resources, these links are provided for your information only. Reech has no control over the content of these sites or resources, and accepts no responsibility for them or for any loss or damage that may arise from your use of them. The inclusion of a link to a third party website does not constitute an endorsement of that third party's website, product or services (if applicable).
      
      
   3. Nothing in this legal notice shall exclude or limit Reech's liability for:
      
      
      1. death or personal injury caused by negligence (as such term is defined by the Unfair Contract Terms Act 1977); or
      2. fraud or fraudulent misrepresentation; or
      3. any liability which cannot be excluded or limited under applicable law.
         
         
8. Governing law and jurisdiction
   
   This legal notice and our privacy policy shall be governed by and construed in accordance with English law. Disputes arising in connection with this legal notice or our privacy policy shall be subject to the exclusive jurisdiction of the English courts.