Welcome to Forbesmedia.com. 1. The Website Content. 2. Membership and Registration. Revised and posted as of: June 10, 2015

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1 Revised and posted as of: June 10, 2015 Welcome to Forbesmedia.com. Forbesmedia.com (the "Website") is an Internet service owned and operated by Forbes Media LLC ( Forbes ). Forbes is dedicated to providing visitors to the Website with a highly interactive and positive experience, while at the same time protecting our rights and the rights of our users. We have developed these Terms of Service to govern your use of the Website, and we, along with our affiliates, and partners, provide content and services to you subject to the following conditions. Your use of the Website tells us you have read and agreed to these Terms of Service. Please read them carefully. These Terms of Service are a binding contract between you and Forbes, regarding your use of the Website. If you do not agree with any of these terms, please exit the Website. 1. The Website Content All of the information, content, services and software displayed on, transmitted through, or used in connection with the Website, including for example, advertising, articles, text, photographs, images, illustrations, audio clips, video, html, source and object code, software, data, and all other matters related to this website, including without limitation, the selection and arrangement of the aforementioned and the "look and feel" of this website (collectively, the "Content"), are protected under applicable copyrights and other proprietary (including but not limited to intellectual property) rights and are the intellectual property of Forbes, and its affiliated companies, licensors and suppliers. Forbes actively protects its rights to the Content to the fullest extent of the law. The copying, use or publication by you in any medium, directly or indirectly, of any such matters or any part of the Website, including the removal or alteration of advertising, except for limited rights of use granted hereunder, is strictly prohibited. You may not use such material except as provided in these Terms of Service. The Content includes logotypes, trademarks and service marks (collectively "Marks") owned by Forbes, and Marks owned by other information providers and third parties. For example, "Forbes" is a registered trademark of Forbes. No Marks may be used in any manner unless approved in advance, in writing by Forbes. 2. Membership and Registration 2.1 Certain areas of the Website may ask you to provide information to participate in certain features or access certain content. The decision to provide this information is purely optional, however if you elect not to provide such information, you may not be able to

2 2.2 access certain content or features or participate in various areas of the Website. When you register or become a member of the Website or provide information to the Website in any other manner, you agree to provide only true, accurate, current and complete information on all registration pages. Using a name other than your own legal name is prohibited. You agree that Forbes may use the information you provide to us according to the Privacy Policy on the Website. If you become a member of the Website, you agree to accept responsibility for all activities that occur under your account or password, and agree you will not sell, transfer or assign your membership or any membership rights. You are responsible for maintaining the confidentiality of your password and for restricting access to your computer so that others may not access the Website using your name in whole or in part. Forbes reserves the right to terminate membership and deny access to the Website to any person who violates these Terms of Service. 3. Website Security Rules 4.1 You are prohibited from violating or attempting to violate the security of the Website, including, without limitation, (a) accessing data not intended for you or logging into a server or account which you are not authorized to access, (b) attempting to probe, scan or test the vulnerability of a system or network or to breach security or authentication measures without proper authorization, (c) attempting to interfere with service to any user, host or network, including, without limitation, via means of submitting a virus to the Website, overloading, "flooding", "mailbombing" or "crashing", or (d) forging any TCP/IP packet header or any part of the header information in any , forum, or newsgroup posting. Violations of system or network security may result in civil or criminal liability. Forbes will investigate occurrences which may involve such violations and may involve, and cooperate with, law enforcement authorities in prosecuting those who are involved in such violations. 4. Communications With Third Parties Through the Website 4.1 Your dealings or communications through the Website with any party other than the Website are solely between you and that third party. For example, certain areas of the Website may allow you to conduct transactions or purchase goods or services. In most cases, these transactions will be conducted by our third-party partners and vendors. Except for third parties used by Forbes to process subscriptions or orders on the Website, under no circumstances will Forbes be liable for any goods, services, resources or content available through such third party dealings or communications, or for any harm related thereto. Please review carefully that third party's policies and practices and make sure you are comfortable with those policies and practices before

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6 11.2 These Terms of Service have been made in and shall be construed and enforced in accordance with the laws of the State of New York. Any action to enforce this agreement shall be brought and in and you agree to submit to the exclusive jurisdiction of the federal or state courts located in the State of New York, in the Southern District of New York. If any provision is deemed to be unlawful or unenforceable, that shall not affect the validity and enforceability of the remaining provisions. Any cause of action or claim you may have with respect to the Website must be commenced within one (1) year after the claim or cause of action arises or such claim or cause of action is barred. Any failure of Forbes to enforce or exercise any provision of this Agreement or related right shall not constitute a waiver of that right or provision. Neither the course of conduct between the parties nor trade practice shall act to modify any provision of these Terms of Service. The section titles used in this Agreement are purely for convenience and carry with them no legal or contractual effect. In the event of termination of these Terms of Service for any reason, you agree that the following provisions will survive: the provisions regarding the limitations on your use of Content, the license(s) you have granted to Forbes, and all other provisions for which survival is equitable or appropriate. Forbes may assign its rights and duties under these Terms of Service to any party at any time without notice to you. 12. Service Contact 12.1 Contact us with questions or problems with the Website. Any rights not expressly granted herein are reserved Forbes Media LLC