Versant Capital Management, Inc.

WEB SITE ACCESS ACKNOWLEDGMENT

As a client of Versant Capital Management, Inc., you elect to participate in the password-protected access portion of the Versant Internet website. Your participation allows you to review certain investment-related information published by Versant and unaffiliated third parties. This password-protected access is made available to clients of Versant free of charge. This authorization shall continue until canceled in writing.

The password-protected section is a secure website intended only to allow a client access to information relative to their specific account, through an assigned individual password. Do not share your password with any other person. By navigating from our site, you hereby release and hold Versant harmless from any adverse consequences relative to any failure to keep the identity of your password secure.