WAIVER

In consideration of Valbury e-Capital Limited (hereinafter called 'VEC') making our service available to you, in whole or in part, directly or indirectly to you, you agree neither our services provider, exchanges whose products may be traded on the evalbury system, their respectative members and clearing members, not their respective directors, officers or employees, or other persons acting as agents in causing orders of others to be entered into the evalbury system shall be liable for any losses, damages, costs or expenses (including, but not limited to, loss or profits, loss of use, incidental or consequential damages), regardless of the cause, arising from any fault, delay, omission, suspension, inaccuracy or termination of evalbury, or the inability to enter or cancel orders, or any other cause in connection with the furnishing, performance, maintenance, or use of or inability to use all or any part of the evalbury system. The foregoing shall apply regardless of whether a claim arises in contract, tort, negligence, strict liability or otherwise.

ACKNOWLEDGED AND AGREED