Disclaimer: This is not an offer to sell securities or the solicitation of an offer to purchase securities. Any offer of securities in any sponsored job fund may only be made pursuant to a written offering memorandum and any sale of securities in such fund shall be evidenced by a subscription agreement executed by the potential investor. The units will be offered and sold (i) outside of the United States in reliance on Regulation S under the securities act and (ii) inside the United States under the exemption from registration provided by section 4(2) of the securities act and Regulation D promulgated thereunder and other exemptions of similar import pursuant to the laws of the states and jurisdictions where the offering will be made. No offer to sell or solicitation of an offer to buy units may be made in any jurisdiction in which, or to any person to whom, it is unlawful to make such an offer or sale.