TERMS OF USE

The following terms of use apply to BioSupplyNet (www.biosupplynet.com), which is referred to throughout this document as the "Service."

1. Limited License to Information.

BioSupplyNet, Inc. has expended significant resources to accumulate the data, addresses, contacts, articles, links to third party web sites, and other information (collectively, the "Information") located on the Service. The user of this Service, by making use of the Information, agrees and covenants that BioSupplyNet, Inc. is not offering for sale or selling the Information, but instead is granting a limited, royalty free, non-exclusive, revocable license to make use of the Information presented on this Service for the user's own, internal business purposes; provided however, that the user understands and agrees that this license DOES NOT permit the user to: (i) download files from the Service for use in competing in any manner with BioSupplyNet, Inc.; (ii) sell the information downloaded (or copied in another form) for money, barter, exchange, or other consideration; (iii) redistribute the information for free to anyone (except bona fide employees of the user who need the information for the user's own internal business purposes); (iv) make any more than one copy of the information provided herein; (v) make any other use or disclosure of the information except as is specifically necessary for internal business purposes of the user. As used herein, the term "business purposes" means: (a) with respect to an individual not making use of the Service on behalf of a business, the use of the information for his or her own personal, family or household use; and (b) with respect to an individual making use of the Service on behalf of a business, the use of the information on behalf of the business to achieve a business objective (so long as that objective is not to compete in any manner or form with BioSupplyNet, Inc.). Except as granted herein, BioSupplyNet, Inc. does not grant any other licenses or permissions to use the Information.

2. No license to graphics or images.

The user of this Service may not download any graphic or image file on the Service without the express, written permission of, BioSupplyNet, Inc. Except as applicable law may provide otherwise, BioSupplyNet does not consent to the use of its name, or its servicemarks, by any person, except upon written authorization. To the extent that the Service uses the trademarks, servicemarks, tradenames, or other identifying information (collectively the "Trademarks") of other companies other than BioSupplyNet, Inc., BioSupplyNet, Inc. is making fair use of those Trademarks for identification, or is making use by permission. The owner of the Trademarks has not consented to further use, distribution, copying or other modification to, the Trademarks and BioSupplyNet does not have authority to license such Trademarks.

3. Electronic Communications.

The information, queries, advice, facts, opinions or other content sent via e-mail by users or third parties using the Service are those of the respective authors and do not reflect the views of BioSupplyNet, Inc. BioSupplyNet, Inc. assumes no responsibility or liability for these communications. Whether or not any encryption system is in use in electronic transmissions, BioSupplyNet does not warrant that information that is sent in an encrypted format will be free from unauthorized reception or use by a person other than the intended recipient.

4. Links to Other Web Sites.

The Service contains links to third-party World Wide Web sites and other resources. BioSupplyNet does not assume responsibility for the reliability or content of these outside sites and resources. Therefore, any concerns a user may have regarding any other site should be directed to the relevant site administrator or webmaster.

5. Changes to the Service.

BioSupplyNet may change, suspend or discontinue any aspect of the Service, at any time without prior notice to users. BioSupplyNet may also impose limits on certain features or services contained in the Service without prior notice.

6. Security.

Please notify BioSupplyNet at 919-659-2294 promptly in the event of any known or suspected loss, theft, or unauthorized disclosure of a user's access password, if a password is required to access certain features of the Service. Users are responsible for maintaining the confidentiality of their Service password.

7. Disclaimer of Warranty.

BioSupplyNet makes no express or implied warranties, representations or endorsements whatsoever (including, without limitation, warranties of title or non-infringement or the implied warranties of merchantability or fitness for a particular purpose) with respect to the Service, any products, merchandise, information or services provided through or advertised on the Service, or the accuracy or results obtained from the use of any products, merchandise, or information or services provided through or advertised on the Service. BioSupplyNet does not guarantee or warrant that any files available for downloading through the Service will be free of infection by viruses or other code that may contain contaminating or destructive properties.

8. Disclaimers as to the Information.

While every effort is made to report accurate and truthful Information, BioSupplyNet, Inc. and/or its respective suppliers/contributors make no representations about the suitability of the Information contained in the documents and related graphics published on this Service for any purpose. All such documents and related graphics are provided "as is" without warranty of any kind and all warranties and conditions with regard to this Information, including all implied warranties and conditions of merchantability, fitness for a particular purpose, title and non-infringement are specifically disclaimed.

9. Limitation of Liability.

In no event shall BioSupplyNet, Inc. have any liability for any incidental, consequential, or indirect damages (including, but not limited to, damages relating to loss of business, profits, goodwill, data, programs or information, and the like) arising out of the use of or inability to use the Service or any Information, advice, or services provided on or downloaded from the Service or accessed on the Internet from the Service, even if BioSupplyNet is advised of the possibility of such damages and regardless of the cause of action under which such damages are sought, including, without limitation, breach of contract, negligence or other tort. Because some states do not allow the exclusion of implied warranties or the limitation of liability for consequential or incidental damages, the above exclusions and limitations may not apply to you. In such states, BioSupplyNet's liability is limited to the greatest extent permitted by law.

10. Third-Party Rights.

The provisions of this Agreement are for the benefit of BioSupplyNet, Inc. and its licensees, alliance partners, employees, and agents. Each of these individuals or entities shall have the right to assert and enforce those provisions on its own behalf.

11. Miscellaneous.

BioSupplyNet, Inc.' s failure to insist upon or enforce strict performance of any provision of this Agreement shall not be construed as a waiver of any provision or right. This Agreement, the relationship between a user and BioSupplyNet, Inc. from this Agreement, and the resolution of any dispute arising out of that relationship shall all be governed and construed in accordance with the laws of the State of North Carolina, United States, without reference to its conflicts of laws. Users agree that any legal action or proceeding between a user and BioSupplyNet, Inc. for any purpose concerning this Agreement or any obligations hereunder, shall be brought exclusively in a federal or state court of competent jurisdiction sitting in New York. IN ANY ACTION BETWEEN BIOSUPPLYNET, INC. AND ANY PERSON WHO MAKES A CLAIM FOR DAMAGES OR EQUITABLE RELIEF AS A RESULT OF USE OF THE BIOSUPPLYNET SERVICE: (I) THE PARTIES AGREE AND COVENANT TO THE EXTENT PERMITTED BY APPLICABLE LAW THAT THE MATTER SHALL BE TRIED TO THE COURT AND NOT A JURY, BOTH PARTIES KNOWINGLY AND INTENTIONALLY WAIVING THEIR RIGHT TO A JURY TRIAL; AND (II) BIOSUPPLYNET'S MAXIMUM LIABILITY IN ANY CASE SHALL BE LIMITED TO THE LESSER OF THE AMOUNT OF THE TRANSACTION VALUE ATTEMPTED IN MAKING USE OF THE SERVICE, OR $500. To the extent any provision of these Terms and conditions are not enforceable, the parties agree that the unenforceable provision shall be severable from this Agreement and shall be stricken and the remaining provisions of the Terms and Conditions shall remain enforceable.