Legal Notice, Disclaimer and Terms of Use

Website Terms and Conditions

The materials on caprion.com website (the "Website"), which may include text, images, audio clips, video clips, software and other materials, are provided by Caprion Pharmaceuticals Inc. ("Caprion") for informational purposes only. By accessing the Website or downloading its content, you acknowledge having read the entirety of this Legal Notice, Disclaimer and Terms of Use , and agree to be bound, without limitation or qualification, by the terms and conditions set out in this Legal Notice, Disclaimer and Terms of Use. Caprion may change the terms and conditions at any time by posting revisions to the Website, and your continued use of the Website indicates your agreement to the revised terms and conditions. If, upon review of this Legal Notice, Disclaimer and Terms of Use, you do not agree to the terms and conditions of this or any revisions thereto, please exit the Website immediately.

Permitted Use

You agree that you are only authorized to visit, view and retain a single copy of pages of the Website for your own personal use, and that you shall not duplicate, download, publish, modify or otherwise distribute the material on the Website for any purpose other than for personal, private and non-commercial use, unless otherwise specifically authorized by Caprion to do so.

No Medical Advice

The Website does not provide medical advice. Any health or medical information provided on the Website is provided for information purposes only. Caprion is not engaged in rendering medical or similar professional services or advice, and the information provided on the Website is not intended to replace medical advice offered by a health care provider. If you desire or need such services or advice, you should promptly consult a physician or professional health care provider.

Limited License

You are granted a limited, non-exclusive, revocable and non-transferable license to utilize and access the Website pursuant to the requirements and restrictions of this Legal Notice, Disclaimer and Terms of Use. Caprion may change, suspend, or discontinue any aspect of the Website at any time.

Violation of the Legal Notice, Disclaimer and Terms of Use

You understand and agree that in Caprion's sole discretion, and without prior notice, Caprion may without notice or liability, impose limits on certain features and services or restrict your access to all or portions of the Website, or exercise any other remedy available, if Caprion believes that your use of the Website has violated or is inconsistent with this Legal Notice, Disclaimer and Terms of Use, or violates the rights of Caprion, or any third party, or violates any applicable law. You agree that monetary damages may not provide a sufficient remedy to Caprion for violations of this Legal Notice, Disclaimer and Terms of Use and you consent to injunctive or other equitable relief for such violations. Caprion may release user information about you if required by law or subpoena.

Caution About Forward-Looking Statements

Certain statements contained on the Website may constitute "forward looking" statements which involve known and unknown risks, uncertainties and other factors which may cause the actual results, opportunities, performance or achievements of Caprion, or that of the pharmaceuticals industry in general, to be materially different from any future results, opportunities, performance or achievements expressed or implied by such forward looking statements. When used on the Website, such statements include such words as "anticipate", "believe", "could", "estimate", "expect", "intend", "may", "plan", "predict", "project", "scheduled", "will", "would" and other similar terms and phrases, including references to assumptions. Such statements may involve but are not limited to comments with respect to strategies, expectations, planned operations or future actions. These statements reflect current expectations of management regarding future events and operating performance and speak only as of the date such statements are made. Caprion assumes no obligation to update or revise the forward-looking statements contained on the Website to reflect new events or circumstances. Forward looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not such results will be achieved. Accordingly, readers are cautioned not to put undue reliance on any forward-looking statement contained on the Website. A number of factors could cause actual results to differ materially from the results discussed in the forward looking statements, including, but not limited to, the factors discussed from time to time in documents filed by Caprion with securities regulatory authorities in Canada. Reference is made more specifically to "Management's Discussion and Analysis" in Caprion's annual and quarterly reports and Caprion's annual information form filed with securities regulatory authorities and which are available on the SEDAR website at www.sedar.com. Although the forward looking statements contained on the Website are based upon what management believes are reasonable assumptions, Caprion cannot assure readers that actual results will be consistent with these forward looking statements.

Investment Decision

None of the documents contained in the pages of the Website constitutes an offer of securities in any jurisdiction. These documents are in no way intended to be interpreted, amended, modified or completed with the help of information otherwise available on the Website or through the medium of the Website. These information documents are regularly made available solely as a service, and are not official versions of documentary material published by Caprion under the terms of applicable securities legislation. Owing to the risks inherent in the Internet, at the technical level as well as in the matter of security, and because the document you access may differ from the original depending on your navigation software, the information found in these pages must not be used with the aim of making investment decisions relative to Caprion securities. To obtain printed copies of documents you wish to consult, please contact Caprion at (514) 940-3600 or visit the SEDAR website at www.sedar.com. If you foresee the possibility of buying or selling securities in Caprion, we suggest you contact your investment advisor.

Stock Information

You acknowledge and agree that the direct stock quote feed and stock market information displayed on this site is provided for information purposes only and is not intended for trading, business or other financial purposes. Such information may be provided on a time-delayed basis. Caprion  and its content provider does not guarantee the sequence, accuracy or completeness of any such information and will not be liable for any delays, inaccuracies, or errors in any such information or for any damages, losses or costs arising from reliance on such information.

Our Intellectual Property

The Website is owned and operated by Caprion. Caprion retains all rights, title and interest on behalf of itself and (where applicable) its third party suppliers to the data, text, images and intellectual property used in this Website (the “Website Content”).  You acknowledge and agree that ownership of the Website Content resides in Caprion or its third party suppliers, and agree not to challenge, directly or indirectly, ownership in and to the Website Content, or the protection of such Website Content by national and international copyrights, trademarks, service marks, patents, patent registration rights, trade secrets, know-how or other proprietary rights and laws.

Except as authorized herein, you acknowledge and agree that you may not, directly or indirectly, in any form, sell, license, rent, modify, distribute, copy, reproduce, transmit, publicly display, publicly perform, publish, adapt, edit or create derivative works from (collectively, "Republish"), any Website Content.

In addition, systematic retrieval of data or other information from the Website Content to create or compile, directly or indirectly, a collection, compilation, database or directory without Caprion's express written permission is prohibited.

Links to other Websites and Downloadable Software

The Website contains links to facilitate your access to third party websites. Caprion does not control any third party website and is not responsible for the contents of any linked website or any link contained in a linked website. Caprion is providing such links to you for your convenience only and the inclusion of any link does not imply any representation, endorsement, investigation or verification by Caprion of the linked website or information contained therein. Links to downloadable software websites are also provided for your convenience only and Caprion is not responsible or liable for any difficulties associated with downloading such software.

Information Accuracy

While Caprion uses reasonable commercial efforts to ensure that the information contained on the Website is accurate, such information is provided on an "as is" and "as available" basis and may contain inaccuracies. Caprion does not in any way guarantee or warrant the currency, accuracy, completeness, non-infringement or authenticity of such information. CAPRION DISCLAIMS ALL WARRANTIES AND/OR CONDITIONS, EXPRESS, IMPLIED OR STATUTORY, AS TO THE CONTENT OF, AND TO ANY MATTER RELATING TO, THE WEBSITE, INCLUDING IMPLIED WARRANTIES AND/OR CONDITIONS OF NON-INFRINGEMENT, MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. All information contained on the Website is provided for informational purposes only. The information contained on the Website is not to be relied upon for any trading, business or financial purpose.UNDER NO CIRCUMSTANCES SHALL CAPRION, OUR DIRECTORS, OFFICERS, EMPLOYEES, AGENTS OR REPRESENTATIVES, OUR LICENSORS, THIRD PARTY SUPPLIERS, OR ANY OTHER PARTY INVOLVED IN CREATING, PRODUCING OR DELIVERING THE WEBSITE BE LIABLE FOR ANY DAMAGES WHATSOEVER, INCLUDING, WITHOUT LIMITATION, DIRECT, INDIRECT, PUNITIVE, INCIDENTAL, SPECIAL OR CONSEQUENTIAL DAMAGES THAT RESULT FROM THE USE OF, OR INABILITY TO USE, THE WEBSITE OR FROM INFORMATION PROVIDED ON THEIS WEBSITE. THIS LIMITATION APPLIES WHETHER THE ALLEGED LIABILITY IS BASED ON CONTRACT, TORT, NEGLIGENCE, STRICT LIABILITY, EXTRA CONTRACTUAL OR ANY OTHER BASIS, EVEN IF WE HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGE. BECAUSE SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OR LIMITATION OF INCIDENTAL OR CONSEQUENTIAL DAMAGES, OUR LIABILITY IN SUCH JURISDICTIONS SHALL BE LIMITED TO THE EXTENT PERMITTED BY LAW.

Indemnity

As user of the Website, you agree to defend, indemnify and hold Caprion harmless from any and all liabilities, costs and expenses, including attorneys' fees, related to your violation of the terms and conditions of this Legal Notice, Disclaimer and Terms of Use.

No Unlawful or Prohibited Use

As a condition of your use of the Website, you warrant to Caprion that you will not use the Website for any purpose that is unlawful or prohibited by this Legal Notice, Disclaimer and Terms of Use. Although Caprion may from time to time monitor or review discussions, chats, postings, transmissions, bulletin boards, and the like on the Website, Caprion is under no obligation to do so and assumes no responsibility or liability arising from the content of any such locations nor for any error, defamation, libel, slander, omission, falsehood, obscenity, pornography, profanity, danger, or inaccuracy contained in any information within such locations on the Website. You are prohibited from posting or transmitting any unlawful, threatening, libelous, defamatory, obscene, scandalous, inflammatory, pornographic, or profane material or any material that could constitute or encourage conduct that would be considered a criminal offense, give rise to civil liability, or otherwise violate any law. Caprion will fully cooperate with any law enforcement authorities or court order requesting or directing Caprion to disclose the identity of anyone posting any such information or materials.

Termination

Your license to access and use the Website shall automatically terminate if you are in breach of any of the terms of this Legal Notice, Disclaimer and Terms of Use. Caprion reserves the right, in its sole discretion, to terminate your access to and/or use of the Website, or any portion thereof, at any time without notice.

Jurisdiction

The Website originates in the Province of Québec, Canada. It shall be governed by and construed in accordance with the laws of the Province of Québec and the federal laws of Canada applicable therein, without regard to the principles of conflicts of law. All disputes, proceedings or claims arising out of or in connection with the Website shall be submitted and be subject to the exclusive jurisdiction of the Courts of the Province of Québec.

Severability

If any provision of this Legal Notice, Disclaimer and Terms of Use is invalid or unenforceable under applicable law, then it shall be, to the extent invalid or unenforceable, deemed omitted and the remaining provisions shall remain in full force and effect.

Changes

The information contained on the Website is subject to change and update at any time without prior notice.

Miscellaneous

The terms and conditions of this Legal Notice, Disclaimer and Terms of Use constitute the entire agreement between Caprion and the users of the Website with respect to their use of the Website. Caprion's failure to insist upon or enforce strict performance of any provision of that agreement shall not be construed as a waiver of any right on its part. If any part of this Legal Notice, Disclaimer and Terms of Use is determined to be void, invalid or otherwise unenforceable by a court of competent jurisdiction, such determination shall not affect the remaining provisions hereof.