PLEASE READ THESE TERMS OF USE CAREFULLY. YOU AGREE TO BE BOUND BY THESE TERMS OF USE. IF YOU DO NOT AGREE TO THESE TERMS OF USE, PLEASE DO NOT ACCESS THIS SITE, OR ANY OTHER CONTENT AVAILABLE THROUGH THIS SITE

1. SERVICES AND REGISTRATION

There are portions of this Site that we make available to Users in the general public without registering and you may visit or browse those portions without charge; provided, however, you comply with these Terms of Use. Your registration is subject to our review and approval and we reserve the right not to approve, or withdraw our approval of, your registration for any reason or no reason.

In registering, you agree to provide, maintain, and update information that is true, accurate, current and complete about yourself (and your firm, if you represent a firm) when registering and on an ongoing basis. If, you do not provide such information, or we have reasonable grounds to suspect as much, we have the right to suspend or terminate your account and your use of this Site. During the registration process, you will designate a user name and password. You are responsible for maintaining the confidentiality of your user name, password and account information, and are responsible for all activities that occur and financial liabilities incurred under your user name and password, whether or not authorized by you. We will not be liable for any loss or damage arising from your failure to comply with this paragraph.

2. MODIFICATIONS

InHedge reserves the right to revise or remove any part of these Terms of Use, in its sole discretion, at any time, and without prior notice to you, by updating this posted version of the Terms of Use.

3. USE OF INFORMATION AND MATERIALS

The unauthorized use of the InHedge Site, including but not limited to, unauthorized access to the Site, other User's accounts, or other computers or websites connected or linked to this Site, and misuse of passwords, or misuse of any Content (defined below) posted on the Site is strictly prohibited. The User's eligibility for access to and use of the InHedge Site and Content (defined below) is subject to final determination and approval by InHedge.

You acknowledge and agree that any and all content, information, data, text, music, sound, graphics, software, code, video, audio, feedback, documentation, photographs, discussions, news, articles, messages, postings, listings, advertisements, marketing, and other materials, available, displayed on, posted to, transmitted or distributed through the Site by InHedge or Users, including in chat rooms and on discussion boards ("Content"), are the sole responsibility of the person from which such Content originated and is viewed and used by you at your own risk. Under this Agreement, "Users" mean you, investors, managers or representatives of Funds, Service Providers, members, customers, and any other persons visiting this Site. The views expressed by you and other Users of the Site or Services do not necessarily reflect the views of InHedge.

 InHedge shall have no liability if unauthorized persons nevertheless obtain access.

4. GRANT OF LICENSE

The right of InHedge registered Users to use this Site and the Content that is available on this Site or through this Site constitutes a license. The registered User is provided with a limited, revocable, nonexclusive, nontransferable license to this Site conditioned on the registered User's continued compliance with the Terms of Use herein. You may view download and print information and materials on this Site for your personal and internal business use provided that all hard copies contain all copyrights and trademarks, and other applicable intellectual property and proprietary marks and notices. You may not reproduce, republish, upload, post, modify, copy, alter, distribute, sell, resell, transmit, transfer, decompile, license, assign or publish, in any way, any Content obtained from this Site.

You grant to us a worldwide, perpetual, irrevocable and royalty-free license (with the right to sublicense), to use, reproduce, adapt, transmit, translate, modify, upload, resell, copy, create derivative works from, publish, distribute and display Content provided, posted, uploaded, and transmitted to InHedge via the Site in any media now known or hereafter developed. By posting or transmitting Content on the Site or through any of the Services, you warrant and represent that you are the sole owner of such Content or have all rights necessary to post, display, transmit, upload, distribute, resell, copy, derivate works, or reproduce such Content and to grant the rights and licenses hereunder to us.


5. PRIVACY

In the course of your use of the Site and Services, you will be asked to provide certain information to us, and we may collect certain information about you. Our use of information you provide or otherwise collected by us through the Site or the Services are governed by our Privacy Policy. We urge you to read our Privacy Policy.

6. NO PROFESSIONAL ADVICE

InHedge is not a Broker/Dealer or registered investment advisor under United States federal securities Law or securities Laws of other jurisdictions, and does not advise individuals as to the advisability of investing in, purchasing or selling securities or other financial products or suitability of any investment manager. Nothing in the Site constitutes an offer or solicitation to buy or sell any securities. The Content on this Site has been prepared for informational purposes only and do not constitute legal, financial, accounting, investment, tax or other professional advice, and you should consult with a financial advisor and legal and tax professionals to assist in conducting due diligence as may be appropriate prior to making any investment decision or hiring any investment manager. InHedge shall not have any liability for any reliance on, interpretation or analysis of, or investment decisions, action or inaction based upon information obtained from the Content provided on the Site.

7. DEALINGS WITH OTHER USERS, SERVICE PROVIDERS AND ADVERTISERS

Your transactions, interactions, correspondence, and relationships with other Users of the Site or Services, including relying on the Content posted, provided or transmitted by another User or procuring the goods or services offered by another User, and any other terms or conditions associated with such matters, are solely between you and such other Users. YOU AGREE THAT INHEDGE IS NOT, AND CAN NOT, BE RESPONSIBLE OR LIABLE IN ANY WAY FOR ANY CLAIMS, LIABILITIES, COSTS, EXPENSES, LOSS OR DAMAGE OF ANY KIND ARISING FROM OR RELATING TO ANY SUCH MATTERS AND TRANSACTIONS. InHedge is not directly or indirectly a party to, participant in and does not monitor, any such matters and transactions between Users of the Site or Services, and your involvement with any such matters is solely at your own risk.

The User represents and warrants that it will make its own evaluation of the creditworthiness, suitability, reliability, and desirability of each User or third party with which it enters into transactions or interacts with as a counterparty or agent, and that it is not relying, and will not rely, on InHedge for any information as to the creditworthiness, suitability, reliability, or desirability of any such User or third party.


8. NATURE OF THE CONTENT

InHedge compiles Content provided to it by the Users. InHedge has no obligation to verify, monitor, screen, remove, edit, update, or keep current the communication and Content on the Site. However, InHedge reserves the right to review or screen Content posted to the Site and to remove, edit, or refuse to post any Content.

9. THIRD PARTY SITES

This site may produce automated search results or otherwise link you to other sites on the Internet. These sites may contain information or material that some people may find inappropriate or offensive. These other sites are not under the control of Recerche and you acknowledge that Recerche is not responsible for the accuracy, copyright compliance, legality, decency, or any other aspect of the content of such sites. The inclusion of such a link does not imply endorsement of the site by Recerche or any association with its operators.


10. INDEMNIFICATION

User (and User's Fund, if User is a representative of a Fund) jointly and severally agree to indemnify and hold harmless InHedge, its directors, officers, shareholders, partners, affiliates, agents, representatives, predecessors, successors and assigns, agents, and information providers, from and against any and all claims, demands, proceedings, damages, liabilities, costs, losses, expenses, penalties, and interests, including, without limitation, reasonable attorney's fees, in any way arising from or in connection with your use or access to the Site or Services, your violation of the Terms of Use, your improper act or omission or the posting or transmission of any Content, message, or other materials on or through the Site or Services by you, including, but not limited to, any third party claim that such Content (or any part thereof) infringes any copyright, trademark, trade name, trade secret, or patent right of a third party, defames or invades any right of publicity or privacy, or otherwise infringes any other proprietary right.