Terms & Conditions

The purpose of this letter is to confirm the agreement (this “Agreement”) by and between
Deep Knowledge Investing, LLC (together with its employees, partners, members, affiliates and
advisers, “DKI”, “we” or “us”) and  (“[SUBSCRIBER NAME]”, “Subscriber”).  DKI agrees to
provide the following consulting/research services (the “Services”):


The Services shall be provided for a total cost of $[AMOUNT], payable in advance at time
of subscription. The Services shall be provided for a period
of [DURATION] commencing [COMMENCEMENT DATE].  Either party may terminate this
Agreement for any reason at the end of the subscription period. This Agreement shall
automatically renew for additional [DURATION] terms beyond the initial term.
Subscriber acknowledges and agrees that all ownership and proprietary rights (including, without
limitation, the copyrights, if any) to the Services are and shall remain the property of DKI and/or its
third-party licensors. Subscriber shall not knowingly market, resell, re-transmit or otherwise
redistribute, in any medium, in whole or in part, the Services to any third party without the express
written consent of DKI. Subscriber further acknowledges, that it is not, and will not become by
virtue of this Agreement, the owner of any right, title or interest in and to the Services in any form
or embodiment.
DKI understands that Subscriber may use the Services provided hereunder in its investment
process.  DKI is aware of laws and regulations governing the use of material non-public
information and agrees that it will not knowingly provide Subscriber with any such information
or deliberately take any action that would restrict Subscriber trading activities or its ability to
make a particular trade.

Information contained in the Services is believed by DKI to be accurate and/or derived
from sources which it believes to be reliable; however, such information is presented without
warranty of any kind, whether express or implied and DKI makes no representation as to the
completeness, timeliness or accuracy of the information contained therein or with regard to
the results to be obtained from its use.  The provision of the information contained in the
Services shall not be deemed to obligate DKI to provide updated or similar information in the
future except to the extent it may be required to do so.
The information we provide is publicly available; our reports are neither an offer nor a
solicitation to buy or sell securities. All expressions of opinion are precisely that and are
subject to change. DKI , affiliates of DKI or its principal or others associated with DKI may have,
take or sell positions in securities of companies about which we write.

Our opinions are not advice that investment in a company’s securities is suitable for any
particular investor. Each investor should consult with and rely on his or its own investigation,
due diligence and the recommendations of investment professionals whom the investor has
engaged for that purpose.

In no event shall DKI be liable for any costs, liabilities, losses, expenses (including, but not
limited to, attorneys’ fees), damages of any kind, including direct, indirect, punitive, incidental,
special or consequential damages, or for any trading losses arising from or attributable to the
use of the Services.

This Agreement and performance under it shall be governed by the laws of the State of
Connecticut without regard to conflict of law principles.
In the event that any provision or term of this Agreement is held to be invalid, prohibited
or unenforceable for any reason, such provision or term shall be deemed severed from this
Agreement, without invalidating the remaining provisions, which shall remain in full force and
Kindly indicate your acceptance of this Agreement by checking the box acknowledging
terms and conditions.
Very truly yours,