Product Legal Disclaimer

If you access and use this Website (the "Site") you accept and agree to be bound by and comply with these legal terms of use (the "Disclaimer"). If you do not accept the Disclaimer, do not use the Site.

RBC cees Limited

The Site has been issued by RBC cees Limited from its office in Jersey, Channel Islands on behalf of RBC Corporate Employee & Executive Services ("RBC cees"), a member of RBC and consists of a number of separate companies. A full list of these and their regulatory status is available on request. RBC cees Limited is incorporated in Jersey and is regulated by the Jersey Financial Services Commission in the conduct of trust company business under the Financial Services (Jersey ) Law 1998, as amended from time to time. RBC cees Limited is registered under the Companies (Jersey) Law 1991.

Potential clients should note that the regulatory regime, including any compensation or investor protection arrangements, may well be different from their home jurisdiction. Depending on your citizenship and residency these products and/or services may not be available to you.

You should carefully read any regulatory disclosures contained in any literature forwarded to you by RBC.

® Registered trademark of RBC. ™ Trademark of RBC. Used under licence.

JERSEY OFFICE: 19-21 Broad Street, St Helier, Jersey, Channel Islands JE1 3PB

Note to UK Clients and Risk Warning

RBC cees entities not incorporated in the United Kingdom are not authorised under the UK Financial Services and Markets Act 2000 (the "Act") and potential clients must note that in some or all respects the regulatory regime applying will be different from that of the United Kingdom.

The information regarding RBC cees services is intended only as a guide and is not intended to be investment or taxation advice. You are strongly recommended to seek your own professional advice from suitably qualified professional advisors.

The information regarding RBC cees published on this website does not constitute an offer to transact business in any jurisdiction where such an offer would be considered unlawful. Potential clients should note that the regulatory regime applying may be different from their home jurisdiction.

General

All products and services in the pages of the Site are subject to the terms and conditions of the applicable agreements governing their use, which may change from time to time.

The Disclaimer is to be read by you together with any terms, conditions or disclaimers provided in the pages of the Site and in the Product Specific Legal disclaimers. In the event of any conflict, the terms provided in the pages of the Site and in the Product Specific Legal disclaimers will govern. The Product Specific Legal disclaimers relate specifically to a particular product or service and are displayed on each part of the Site that contains product information. The Product Specific Legal disclaimers contain important information and warnings regarding risks associated with the product or service.

The Product Specific Legal disclaimers should be accessed by you before reading the information for each product displayed on the Site and it is important that you read all of the information.

The information, material and content provided in the pages of the Site (the "Information") may be changed at any time without notice. Changes may be made to the terms provided in the pages of the Site and in the Product Specific Legal disclaimers at any time without notice by updating this posting. You agree to review the terms provided in the pages of the Site and in the Product Specific Legal disclaimers regularly and your continued access or use of the Site will mean that you agree to any changes.

Information provided on the Site, including rates, is believed to be reliable when posted, but there is no guarantee that it is accurate or complete or current at all times.

RBC cees Limited may monitor and gather information regarding visitors to the Site for the purposes of marketing, security, statistical analysis and systems development.

Local Laws

It is important to note that the products, services and Information may not be available to residents of certain jurisdictions. Accordingly, the financial services detailed in the Site do not constitute an offer to transact business in any jurisdiction where such an offer would be considered unlawful. The Information does not constitute an offer or solicitation to buy or sell any currency, investment fund or other product, service or information to anyone in any jurisdiction in which an offer or solicitation is not authorized or cannot legally be made or to any person to whom it is unlawful to make an offer or solicitation. For information specific to your jurisdiction, please contact your financial advisor.

The terms and conditions applicable to any product, service or information will be those determined at the time of provision of the product, service or information. Please be aware of the laws of your country or that otherwise apply to you in relation to any of the matters described in these pages. If you choose to access the Site, you do so on your own initiative and are responsible for compliance with applicable local, national or international laws.

Confidentiality

RBC cees Limited ("the Company") will treat all information regarding you and your account (whether acquired before or after the opening of an account was contemplated and whether originating from you or a third party) as confidential. The Company will not disclose any information that it holds about you or your account except in the following circumstances:

1. where the Company is compelled to do so under Jersey law;
2. where you have provided your prior written authorisation to do so*;
3. where it is in the Company's interest to do so; or
4. where it is in the public interest to do so.
5. where the Company needs to disclose information to other financial institutions for the purposes of fraud prevention.

The Company may be required to disclose information about you and your account to third parties to facilitate the provision of services to you. In such circumstances you will be notified of this fact in advance of the service being provided to you and your confirmation that this information can be shared with the relevant third parties (and your prior written authorisation to do so) will be requested in the relevant application form.

Further details around the privacy policy applicable to the website can be found under "Privacy", which appears at the foot of each page of this Website.

* If you request information regarding a product or service that is not provided by the Company, you hereby authorise the Company to provide your name and address to the RBC entity that provides that product or service, so that the information can be provided to you. In such instances, your information will be handled by the RBC service provider in accordance with local laws and regulations.

Export Control

You may not use or export or re-export the Information or any copy or adaptation in violation of any applicable laws or regulations, including export laws and regulations in force from time to time.

No Warranties

RBC and RBC cees Limited, and any of their affiliates, subsidiaries, officers, directors, employees or agents (collectively, the "Company") provide the Site and the Information on an "as is" basis and do not make any express or implied warranties, representations, endorsements or conditions with respect to the Site or the Information, including without limitation, warranties as to merchantability, operation, non-infringement, usefulness, completeness, accuracy, currentness, reliability and fitness for a particular purpose. Further, the Company does not represent or warrant that the Site will be available and meet your requirements, that access will be uninterrupted, that there will be no delays, failures, errors or omissions or loss of transmitted information, that no viruses or other contaminating or destructive properties will be transmitted or that no damage will occur to your computer system. You have sole responsibility for adequate protection and backup of data and/or equipment and to take reasonable and appropriate precautions to scan for computer viruses or other destructive properties.

Trade-Marks and Copyrights

Certain names, words, titles, phrases, logos, icons, graphics or designs or other content in the pages of the Site are trade names or trademarks owned by RBC or its subsidiaries, or trade names or trademarks licensed to them. The trademarks are distinguished from one another and accompanied, at first-time use, with the appropriate trademark symbol: ®/ ™. These symbols are keyed to their respective legend which describes the owner or licensee of the trademark: ® Registered trademark of RBC used, under license by RBC cees Limited./ ™ Trade-mark of Royal RBC, used under license by RBC cees Limited. RBC is the parent company of RBC cees Limited. The display of trademarks and trade names on pages of the Site does not imply that a license of any kind has been granted to anyone else. The Information is for your personal use only. Any unauthorised downloading, re-transmission, or other copying or modification of trademarks and/or the contents of the Site may be a violation of any federal or other law that may apply to trademarks and/or copyrights and could subject the copier to legal action. The Information is protected under the copyright laws of Canada and other countries. Unless otherwise specified, no one has permission to copy, redistribute, reproduce, republish, store in any medium, re-transmit, modify or make public or commercial use of, in any form, the Information.

Internet e-mail

Any unprotected email communication over the Internet is, as with communication via any other medium (e.g. cellular phones, post office mail), not confidential, subject to possible interception or loss, and is also subject to possible alteration. The Company is not responsible for and will not be liable to you or any one else for any damages in connection with an email sent by you to the Company or an email sent by the Company to you at your request or on an ad-hoc basis.

No Endorsements

No endorsement or approval of any third parties or their advice, opinions, information, products or services is expressed or implied by any Information.

No Liability

The Company is not responsible for and will not be liable to you or anyone else for any damages whatsoever (including direct, indirect, incidental, special, consequential, exemplary or punitive damages) arising out of or in connection with your use of or inability to use the Site or the Information, or any action or decision made by you in reliance on the Site or the Information, or any unauthorised use or reproduction of the Site or the Information, even if the Company has been advised of the possibility of these damages.

Links/Software

Links from or to Websites outside the Site are meant for convenience only. The Company does not review, endorse, approve or control, and is not responsible for any sites linked from or to the Site, the content of those sites, the third parties named therein, or their products and services. Linking to any other site is at your sole risk and the Company will not be responsible or liable for any damages in connection with linking. Links to downloadable software sites are for convenience only and the Company is not responsible or liable for any difficulties or consequences associated with downloading software. Use of any downloaded software is governed by the terms of the license agreement, if any, which accompanies or is provided with the software.

Jurisdiction

The Site is administered on behalf of RBC cees entities by RBC cees Limited from its offices in Jersey, Channel Islands. The Site will be governed by and construed in accordance with the laws of Jersey, without giving effect to any principles of conflicts of laws. All disputes, controversies or claims arising out of or in connection with the Site shall be submitted to and be subject to the exclusive jurisdiction of the Courts of Jersey. Through accessing the site you agree to submit and attorn to the exclusive jurisdiction of the Courts of Jersey to finally adjudicate or determine any suit, action or proceeding arising out of or in connection with the Site.