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FHR Email Disclaimer

Please read the following carefully as it contains the conditions governing any electronic communications between you and FHR Capital, LLC (the “Firm”). By messaging with the Firm or any of its affiliates or agents, you agree to these terms and conditions of use. The Firm may amend, revise, update, modify or change these terms and conditions at any time without notice. You should check this link from time to time to review the current terms and conditions because they are binding on you and, if applicable, your organization in connection with your electronic communications.

Unless otherwise specifically indicated, the contents of any electronic communication (including e-mail, instant message, text messaging, etc.) and its attachments are for informational purposes only, and should not be regarded as an offer to sell or a solicitation of an offer to buy any securities, futures, options, loans, investment products or other financial product or service, an official confirmation of any transaction, an official valuation, or an official statement of the Firm. Attachments that are part of an electronic communication may have additional important disclosures and disclaimers, which you should carefully review and understand.

Electronic communications may contain privileged or confidential information, or may otherwise be protected by work product immunity or other legal rules. No confidentiality or privilege is waived or lost by any erroneously transmitted communication. Access, copying or re-use of information by non-intended or non-authorized recipients is prohibited. If you are not an intended recipient of an electronic communication, please notify the sender, delete it and do not read, act upon, print, disclose, copy, retain or redistribute any portion of such electronic communication. Electronic communications are not intended for distribution to, or use by, any person or entity in any location where such distribution or use would be contrary to law or regulation, or which would subject the Firm or any of its affiliates or agents to any registration requirement within such location. The Firm does not waive any intellectual property rights in any electronic communication.

The Firm cannot provide absolute assurances that all electronic transmissions (sent or received) are secure, error free, not corrupted, incomplete or virus free and/or that they won't be lost, mis-delivered, destroyed, delayed, or intercepted/decrypted by others. Therefore, the Firm advises against sending sensitive or personally identifiable information via electronic communications and disclaims all liability with regard to electronic communications (and the contents therein) if they are corrupted, lost, destroyed, delayed, incomplete, mis-delivered, intercepted, decrypted or otherwise misappropriated by others.

Information in an electronic communication is subject to change without notice and unless otherwise indicated, the views expressed are the author's and may differ from those of others within the Firm and its affiliates. The information represents a view as of the date of the electronic communication and is subject to change and/or withdrawal at any time without notice.

Any electronic communication that is conducted within or through the Firm’s systems will be subject to being archived, monitored and produced to regulators and in litigation in accordance with the Firm’s policy and procedures and applicable local laws, rules and regulations.

The information in an electronic communication is not intended to replace a recipient's own internal business processes for evaluating proposed transactions. Recipients should seek financial advice regarding the appropriateness of investing in any securities referred to in an electronic communication and should understand that statements regarding future prospects of the instruments or the securities included in them may not be realized. Past performance is not necessarily indicative of future results. The Firm does not provide tax, accounting or regulatory advice. The information contained in this communication is not intended to provide, and should not be relied upon for, accounting, legal, or tax advice.

This electronic communication is not intended to form or create a binding agreement and does not constitute an offer, acceptance, commitment, electronic record or modification of terms. The statements contained in an electronic communication, or in any attachments hereto or thereto, are provided for discussion purposes only. The inclusion in an electronic communication of any name, graphic representation of any name, salutation or contact information is provided for convenience and informational purposes only and does not constitute an electronic signature for any purpose.


Confidential Information: This information is strictly confidential and significant portions of the information provided may be considered trade secrets and may not be reproduced or redistributed in whole or in part.

Risk of Loss: Past performance is not necessarily an indication of future performance or profitability. There can be no assurance Funds advised by FHR Capital, L.L.C. (“FHR”) will achieve their investment objectives or be profitable. Investments in the Funds involve risk, including the risk of complete loss.

Forward-Looking Statements: Information provided may include forward-looking statements. All statements other than statements of historical fact are forward-looking statements (including words such as “believe,” “estimate,” “anticipate,” “may,” “will,” “should,” and “expect”). Although FHR believes the expectations reflected in such forward-looking statements are reasonable, there can be no assurances the expectations will prove accurate.

Projections & Targets: Any return targets, portfolio targets, projected exposures and characteristics provided are for informational purposes only; they are deemed to be reasonable approximations based on information available today, but no guarantee or assurance can be provided as to their accuracy, and they may not offer a comprehensive representation of Fund exposures.

Projections: The ability to achieve these projections depends on many factors beyond control, including, without limitation: (i) changes in general economic conditions; (ii) a ready market for the assets at the current anticipated sale date, including competing properties in an area; (iii) changes in interest rates; (iv) changes to land-use and zoning restrictions; and (v) the financial condition of tenants, including the ability to attain expected occupancy rates. Markets for investments can also change rapidly and capitalization rates vary materially over time, are generally sensitive to interest rates and are subjective.

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