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USE OF THIS WEB SITE IS CONDITIONED ON AGREEMENT TO THESE TERMS, CONDITIONS AND LEGAL DISCLAIMERS. YOUR CONTINUED USE OF THIS WEB SITE INDICATES YOUR CONTINUED ACCEPTANCE OF THESE TERMS AND CONDITIONS. This agreement is between you and J Alexander Realty Group, a limited partnership organized and existing under the laws of Texas and with a principal place of business at 14755 Preston Road, Suite 700, Dallas, Texas, 75254 and its affiliates or assigns (collectively referred to herein as "J Alexander").

i) Suitability Standards. Real estate investments can involve investment risk and are only suitable for persons over the age of 21 with substantial means who have no need for liquidity in this type of investment. Accordingly, J Alexander only accepts investors who are (i) an accredited investor, as such term is defined in Regulation D promulgated under the Securities Act of 1933, or a qualified purchaser who is able to bear the economic risk of a complete loss of investment, and (ii) has the ability to evaluate the merits and risks of such an investment and to those investors who can meaningfully exercise the management rights provided in a joint venture structure based upon his knowledge and experience in financial and business matters. J Alexander reserves the right to request verification of accreditation status. J Alexander reserves the right to deny access or to send or supply any requested information to any individual or entity at its sole discretion and shall be under no obligation to state any basis for such denial.

ii) Modifications. J Alexander has the right to modify, suspend or discontinue this web site (including without limitation the investor only information), this agreement, and the terms applicable to the investor only information at any time. Posting revised legal terms on this web site will constitute notice to you of such terms. J Alexander may also impose limits on certain features and services or restrict your access to parts or the entire J Alexander site without notice or liability.

iii) Forward-Looking Statements. When used in this web site, the words "expect," "estimate," "project," "intend," "might," "could" and similar expressions are intended to identify forward-looking statements regarding events and financial trends which may affect the future operating results and financial condition of investment holdings described in this web site. Certain of the matters discussed in this web site and any documents related hereto may constitute forward-looking statements within the meaning of the Private Litigation Reform Act of 1995. Such statements are subject to risks, uncertainties and other factors, which may cause the actual results, performance or achievements of any investment holdings described in this site to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. You are cautioned not to place undue reliance on these forward-looking statements to reflect events or circumstances after the date they are made or to reflect the occurrence of unanticipated events. J Alexander expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in its expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is made.

iv) Copyright and Trademark. The content on this web site is only for your personal, non-commercial use. You acknowledge that J Alexander retains all right, title, and interest in and to the content on this web site (including text, images, software code, and multimedia elements) and all intellectual property rights therein. This web site and the content on it are protected by copyright pursuant to the copyright laws of the United States and other countries, international conventions, and other applicable laws. You may not download, display, reproduce, create derivative works from, transmit, sell, distribute, or in any way exploit this web site or content on it for any public or commercial use. You agree not to use any trademarks, service marks, logos, or other identifiers of J Alexander without the prior written permission of J Alexander.

v) Third Party Sites. This web site may contain links to other web sites maintained by third parties. J Alexander does not control, and is not responsible for, any information, content, products or services accessible from such third-party sites.

vi) Information Provided on This Web Site. J Alexander does not represent or endorse the accuracy or completeness of any information displayed on or distributed through this web site. You should not construe the contents of this site as legal, tax or investment advice. You should consult with your own counsel, accountant or investment advisor as to legal, tax and related matters. You are responsible for verifying relevant information prior to purchasing any third party products or services described on this web site. You acknowledge that, unless otherwise expressly stated, this web site is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any financial product which may be referenced in this web site. J Alexander shall have no liability arising from your purchases of third party products or services based upon the information provided on this web site.

vii) Your Privacy. J Alexander reserves the right to collect and store names of visitors to this web site, including e-mail addresses and other identifying information you voluntarily provide when using this web site to communicate with J Alexander. J Alexander may use this information internally and may distribute such information to third parties without notice or penalty.

viii) Disclaimer of Warranty. Except as expressly set forth herein, the site (including all content, investor only information, and information) are provided as is, without warranties of any kind, either express or implied, including, but not limited to, warranties of title or implied warranties of merchantability, fitness for a particular purpose, title, compatibility, security, accuracy, or non-infringement.

ix) Limitation of Liability. Use of the site is at your own risk. You assume full responsibility and risk of loss resulting from your downloading and/or use of content (including without limitation software) accessed through or obtained by means of the site. Under no circumstances shall J Alexander be liable for any indirect, punitive, special, or consequential damages that are directly or indirectly related to the use of, or the inability to use, the site or members only services, even if J Alexander has been advised of the possibility of such damages. Some states do not allow the exclusion or limitation of incidental or consequential damages, so the above limitation or exclusion may not apply to you.

x) Termination. J Alexander reserves the right to restrict, suspend or terminate your access to this web site in whole or in part, without notice. J Alexander also reserves the right to restrict, suspend or terminate your access to the investor only information.

xi) Registration. J Alexander is not a registered broker-dealer and therefore does not sell, offer to sell or offer to buy any securities (as defined by the Securities Act of 1933). No information found on this web site is or should be considered an offer to sell or a solicitation of an offer to buy any securities in any jurisdiction to any person to whom it is unlawful to make such offer or solicitation in such jurisdiction.

xii) General. This agreement (and, as applicable, the investor only information terms) constitutes the entire agreement between you and J Alexander with regard to the use of this web site. Interpretation and enforcement of this agreement shall be governed by the laws of the state of Texas (excluding its choice of law rules). You consent irrevocably to personal jurisdiction in the federal and state courts of Dallas County, Texas for any action arising out of or relating to your use of this web site. In the event that any portion of this Agreement is held unenforceable, the unenforceable portion shall be construed in accordance with applicable law as nearly as possible to reflect the original intentions of the parties, and the remainder of the provisions shall remain in full force and effect

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