Common use of Risk Acknowledgement Clause in Contracts

Risk Acknowledgement. (a) The recommendations and advice provided by Adviser and its Representatives are based upon the professional judgment of Adviser and its Representatives. You understand that interests in the Masterworks Securities are a long-term and highly illiquid investment. Interests in the Masterworks Securities are suitable only for persons who can afford to lose their entire investment and the investment could be illiquid for an indefinite period of time. No public market currently exists for interests in the Masterworks Securities. Prior to making an investment you should carefully consider and review the information in the relevant Masterworks Offering circular or Private Placement Memorandum under the heading “Risk Factors”. (b) Neither Adviser nor any of its Representatives can guarantee a specific level of performance or the success of any given investment decision or strategy that Adviser or its Representatives may recommend. The recommendations and advice provided by Adviser and its Representatives are limited to the universe of Masterworks Securities available for purchase at any given time.