Common use of RULE 204-3 NOTICE Clause in Contracts

RULE 204-3 NOTICE. The Advisor has delivered to the Company a copy of the Advisor's Disclosure Statement, as required by Rule 204-3 under the Investment Advisors Act. If the Company has not received the Advisor's Disclosure Statement more than 48 hours prior to the date of execution of this Investment Advisory Agreement, the Company understands that it may terminate this Investment Advisory Agreement without penalty within five business days after such date of execution, provided that any investment action taken by the Advisor with respect to the Company's Assets prior to any such termination will be at such Company's risk.