Welcome to the Web site for Whitebox Advisors LLC (“WBA”) — also referred to hereinafter as the "Site." This
and using this Site, you acknowledge that you have read, understand, and agree to be bound by all of the
posting the amended terms on this Site.
Access to the Site: The Site is made available to all persons aged 18 or older who agree to be bound by the
lease, loan, sell, or create derivative works based upon the materials on this Site, or post any content
from this Site to newsgroups, mail lists or electronic bulletin boards, without the prior written consent of
an authorized representative of WBA.
No Offer, Investment Advice, or Performance Guarantees: Neither the information nor any opinion expressed on
this Site constitutes an offer by WBA to buy or sell any securities or financial instruments, or to provide
any investment advice or service. The services, securities and financial instruments described on this Site
may not be available to or suitable for you, and not all strategies are appropriate at all times. The value
and income of any of the securities or financial instruments mentioned on this Site can fall as well as
rise, and an investor may get back less than he or she invested. Foreign-currency denominated securities and
financial instruments are subject to fluctuations in exchange rates that could have a positive, or adverse,
effect on the value, price or income of such securities and financial instruments. Past performance is not
necessarily a guide to future performance. Independent advice should be sought in all cases.
Responsible Behavior: In addition to the obligations set forth above, you agree not to access or use this
Site to: a) reproduce, duplicate, copy, sell, trade, resell or exploit for any commercial purposes, any
portion of this Site, use of this Site, or access to this Site; b) impersonate any person or entity or
falsely state or otherwise misrepresent your affiliation with a person or entity; c) forge headers or
otherwise manipulate identifiers in order to disguise the origin of any content transmitted on this Site; d)
make available any content that you do not have a right to make available under any law or under contractual
or fiduciary relationships; e) make available any content that infringes any patent, trademark, trade
secret, copyright or other proprietary rights of any party; f) make available any content that is unlawful,
harmful, threatening, tortious, defamatory, obscene, invasive of another's privacy, or otherwise
objectionable; g) make available any unsolicited or unauthorized advertising, promotional materials, "junk
mail," "spam," "chain letters," "pyramid schemes," or any other form of solicitation; h) make available any
material that contains software viruses or any other computer code, files or programs designed to interrupt,
destroy or limit the functionality of any computer software or hardware or telecommunications equipment; i)
interfere with or disrupt this Site or servers or networks connected to this Site, or disobey any
requirements, procedures, policies or regulations of networks connected to this Site; j) intercept, collect
or store personal data about current or former clients of WBA or any other visitors to this Site; or k)
violate any applicable local, state, national or international laws or regulations.
Links to Third Party Web Sites: This Site may contain links to other Web sites, including links to the Web
sites of companies that provide related information, products and services. These links are solely for the
convenience of visitors to this Site, and the inclusion of such links does not necessarily imply an
affiliation, sponsorship or endorsement. WBA makes no representations whatsoever regarding such third party
Web sites. You should review the privacy policies of other Web sites carefully before providing any
information to such sites. We are not responsible for the content or availability of third party Web sites,
and shall not be responsible or liable for any information, opinions, advice, products, or services
available on or through such third party Web sites.
Links to This Web Site: We ask that you notify us in advance of your intention to link to the public portion
of this Site by emailing us at InvRelations@whiteboxadvisors.com. You may not (i) hyperlink to the private
portion of this Site or any of the pages on the private portion of this Site from another Web site, (ii)
display this Site in frames, or (iii) display any of the content found on this Site via inline links,
without express written permission from an authorized representative of WBA.
Our Rights in This Site: WBA and our suppliers reserve all right, title and interest in and to this Site and
all materials, information, and compilations of information available on or through this Site, as well as
the domain name, design, layout, and "look and feel" of this Site, the trademarks, service marks, and trade
dress related thereto, and all other intellectual property and other proprietary rights embodied therein and
appurtenant thereto. You agree that you will have no rights in or to any of the foregoing, express or
you in writing by an authorized representative of WBA.
Disclaimer of Representations and Warranties: THIS SITE IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS.
WBA MAKES NO REPRESENTATIONS OR WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, OR STATUTORY, REGARDING
YOUR ACCESS TO OR USE OF THIS SITE, OR THE PRODUCTS, SERVICES OR INFORMATION DESCRIBED ON OR AVAILABLE
THROUGH THIS SITE. WITHOUT LIMITING THE FOREGOING, WE EXPRESSLY DISCLAIM ANY AND ALL REPRESENTATIONS AND
WARRANTIES OF ACCURACY, COMPLETENESS, TIMELINESS, MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE,
AND NON-INFRINGEMENT OF THIRD-PARTY RIGHTS. THIS SITE INCLUDES FACTS, VIEWS AND OPINIONS OF INDIVIDUALS AND
ORGANIZATIONS DEEMED OF INTEREST. NOTHING CONTAINED ON THIS SITE SHALL BE CONSTRUED AS AN ENDORSEMENT OF
THESE VIEWS OR OPINIONS.
Limitations of Liability: TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL WBA OR OUR
AFFILIATES, DIRECTORS, OFFICERS, AGENTS, EMPLOYEES OR LICENSORS BE LIABLE TO YOU OR ANYONE ELSE FOR ANY
INDIRECT, CONSEQUENTIAL, SPECIAL, INCIDENTAL, EXEMPLARY, PUNITIVE, OR SIMILAR DAMAGES (INCLUDING LOSS OF
USE, LOSS OF PROFITS OR LOSS OF DATA) ARISING OUT OF OR RELATED TO THIS SITE OR YOUR USE OF THIS SITE, OR
FOR ANY DECISION MADE OR ACTION TAKEN BY YOU IN RELIANCE ON THE INFORMATION PROVIDED ON OR AVAILABLE THROUGH
THIS SITE, REGARDLESS OF THE FORM OF ACTION, WHETHER IN CONTRACT, TORT OR OTHERWISE, EVEN IF ADVISED OF THE
POSSIBILITY OF SUCH DAMAGES.