IMPORTANT LEGAL DISCLOSURE

Sullivan Wood Capital Management, LLC ("SWCM") is a registered investment adviser located in the District of Columbia. SWCM and its representatives are in compliance with the current registration requirements imposed upon registered investment advisers by the District of Columbia and those states in which SWCM maintains clients. SWCM may only transact business in those states in which it is registered, or qualifies for an exemption or exclusion from registration requirements. SWCM's web site is limited to the dissemination of general information pertaining to its investment advisory services. Accordingly, the publication of SWCM's web site on the Internet should not be construed by any consumer and/or prospective client as SWCM's solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice over the Internet. Furthermore, the information resulting from the use of any tools or other information on this Internet site is not intended to be investment advice, nor should it be relied upon nor interpreted as the receipt of personalized individual advice from SWCM. Any subsequent, direct communication by SWCM with a prospective client shall be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the District of Columbia or state where the prospective client resides. For information pertaining to the registration status of SWCM, please contact the securities law administrators for the District of Columbia and those states in which SWCM is registered. A copy of SWCM's current written disclosure statement discussing SWCM's business operations, services, and fees is available from SWCM upon written request. SWCM does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to SWCM's web site or incorporated herein, and takes no responsibility therefore. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.