The following are terms of a legal agreement between you and the Shearwater Yacht Club ("Terms"). Please read this Terms and Conditions document carefully before accessing or using the Shearwater Yacht Club's Website ("Site"). By accessing, browsing and/or using this Site ("Site"), you acknowledge that you have read, understand and agree to be bound by these Terms and to comply with all applicable Canadian and U.S. laws and regulations. If you do not agree to these Terms, do not use this Site.

Shearwater Yacht Club may modify these Terms at any time, and such modifications shall be effective immediately upon posting of the modified agreement on this Site. You agree to review the Terms periodically to be aware of such modifications and your continued access or use of the service shall be deemed your conclusive acceptance of such modified Terms.

Restrictions On Use Of Site
The Shearwater Yacht Club and its subsidiaries and affiliates (collectively "Shearwater Yacht Club") hereby authorize you to copy the materials published by Shearwater Yacht Club on this Site (the "Materials") exclusively for non-commercial use by you personally or within your organization. The design and layout of the Site are specifically excluded from the Materials. No other use of the Materials is authorized. In consideration of this authorization, you agree that any copy of the Materials (or any portion of any copy of the Materials) that you make shall retain all copyright and other proprietary notices contained herein or therein.

Property Rights
The information, products and/or processes described in this Site may be the subject of intellectual property rights reserved by Shearwater Yacht Club or other third parties. Nothing contained herein shall be construed as conferring to you in any manner, whether by implication, estoppel or otherwise, any license, title or ownership of or to any intellectual property right of Shearwater Yacht Club or any third party.

General Disclaimer
The Materials have been compiled by Shearwater Yacht Club from internal and external sources. However, while Shearwater Yacht Club has attempted to provide accurate information on the Site, no representation is made or warranty given as to the completeness, accuracy or currentness of the Materials. In particular, you should be aware that the Materials may be incomplete, may contain errors or may have become out of date. You should therefore independently verify information obtained from this Site before relying upon it in any manner.

THE INFORMATION PROVIDED ON THIS SITE IS PROVIDED "AS IS" WITHOUT WARRANTY OF ANY KIND, EITHER EXPRESSED OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NON-INFRINGMENT. SHEARWATER YACHT CLUB SHALL NOT BE LIABLE FOR ANY DAMAGES SUFFERED BY OR INJURY CAUSED TO YOU, INCLUDING ANY DIRECT, INDIRECT, SPECIAL, CONSEQUENTIAL AND/OR INCIDENTAL DAMAGES, RESULTING FROM YOUR ACCESS TO, OR INABILITY TO ACCESS, THIS SITE, OR FROM YOUR RELIANCE ON ANY INFORMATION PROVIDED IN THIS SITE, EVEN IF SHEARWATER YACHT CLUB AND/OR ITS SUBSIDIARIES AND/OR AFFILIATES HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

Links To Third Party Websites: Framing
This Site may provide links or references to other sites, including but not limited to sites provided by the government bodies, securities regulators, securities exchanges, and news wire services. Shearwater Yacht Club has no responsibility for the content of these other sites, does not make any representations or give any warranties with respect to any information contained in or at these other sites and shall not be liable for any damages or injury arising from the content of these other sites. Shearwater Yacht Club does not endorse companies or products to which it has provided links. Any links to other sites are provided merely as a convenience to the users of this Site and, if you decide to access any of the third party sites linked to this Site, you do so entirely at your own risk. Shearwater Yacht Club reserves the right to terminate any link or linking program at any time. There may be circumstances in which access to this Site is provided by a hypertext link located at another website. Shearwater Yacht Club does not make any representations or give any warranties with respect to any information contained in or at these other sites and Shearwater Yacht Club shall not be liable for any damages or injury arising from the content of these other sites. Shearwater Yacht Club does not endorse the individuals, companies or other similar entities, or any products or materials associated with such individuals, companies or other similar entities, which provide a link to this Site on their respective websites. Unless approved in writing in advance by Shearwater Yacht Club, you agree not to:
(a.) provide or create a link to this Site; and
(b.) create any frames at any other websites pertaining to any of the Materials located at this Site.
(c.) Contact the Shearwater Yacht Club webmaster to seek approval for linking to this Site.

Updates
Certain information of historical and/or archival nature is made available on the Site - including, but not limited to, press releases and financial reports - portions of which may become superceded or may be updated or corrected. Shearwater Yacht Club does not make any representations or give any warranties with respect to the currentness or completeness or accuracy of such information and shall not be liable for any damages or injury arising from reliance on such information. The Materials published on this Site may include technical inaccuracies or typographical errors. Changes - including, but not limited to, quoted prices - may be made periodically to the Materials. Shearwater Yacht Club may also make improvements and/or changes in the products and services and/or the programs described in the Materials at any time without notice. Shearwater Yacht Club shall have the right to revise these Terms at any time by posting revised Terms on this Site. By using this Site, you agree to be bound by any such revisions and should therefore periodically visit this posting to determine the then-current Terms to which you are bound.

User Communications
Shearwater Yacht Club will only use personal information you provide to the company in accordance with Shearwater Yacht Club's privacy policy. Shearwater Yacht Club is under no obligation to refrain from reproducing, publishing or otherwise using communications rather than personal information, you send to or receive from this Site or otherwise send to or receive from Shearwater Yacht Club by electronic mail or other electronic means, including any ideas, inventions, concepts, techniques or know-how disclosed therein, for any purpose, including the developing, manufacturing and/or marketing of products or services incorporating such information.

Governing Law and Jurisdiction: Compliance With Laws
Access to this Site is governed by Canadian law and/or the laws of the Province of Nova Scotia. Any legal action or proceeding relating to your access to, or use of, this Site shall be instituted only in a provincial or federal court located in Halifax, Nova Scotia, Canada. You and Shearwater Yacht Club agree to submit to the jurisdiction of, and agree that venue is proper in, these courts in any such legal action or proceeding.

Waiver
No delay or omission by Shearwater Yacht Club to exercise any right occurring upon any noncompliance on your part with respect to any of the terms of this Agreement shall impair any such right or power or be construed to be a waiver thereof. Any waiver by Shearwater Yacht Club of any of the covenants, conditions or agreements to be performed by you shall not be construed to be a waiver of any succeeding breach thereof or of any covenant, condition or agreement herein contained.