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Vanguard Funds` Service Agreement

Clues. The products and services available through this website may include the electronic transmission of information that you consider to be personal financial information or advertising and marketing materials, including all email addresses that you provide to us, and which they accept transmission. Read the terms and conditions of use below (“Terms of Use”) carefully before Vanguard.com the portal page and its national commercial websites, including investor.vanguard.com, retirementplans.vanguard.com, institutional.vanguard.com and advisors.vanguard.com (together “website”). By using this site, you agree to abide by these Terms of Use and to be bound to them. If you don`t agree, don`t use the site. In accordance with Section 512 (c) (2) of the Copyright Revision Act, as enacted by the Digital Millennium Copyright Act, Vanguard designates an agent as described below to receive notifications of alleged copyright infringement in the mail: Pamela Crocker, Senior Counsel, The Vanguard Group, Inc., P.O. Box 2600, V-216, Valley Forge, PA 19482-2600. The designated copyright manager can also be reached by phone at (610) 669-6100 and by email at intellectualproperty@vanguard.com. Integration and severability. If a provision of these Terms of Use is found to be unlawful, non-applicable or non-applicable, this provision is considered to be separable from these Terms of Use and does not affect the validity and applicability of the other Provisions.

These terms of use form the full agreement between you and Vanguard regarding the purpose of this contract. Compliance with international law/use. You agree to comply with all laws, rules, codes and regulations of the country in which you reside and the country from which you accessed this site. Every investment product and service referred to on this website will not be made available to U.S. citizens. This website is not considered an invitation or offer of an investment product or service to people in a country where such an invitation or offer would be illegal. People residing outside the United States are invited to visit the Vanguard website for non-Americans. more information about the products and services they have.

intellectual property. The content contained on this site is owned or granted by Vanguard and its third parties and is protected by copyright, trademarks, service marks and/or other intellectual property rights. Such content is provided only for your personal and non-commercial use. Other agreements. If you are currently a Vanguard customer, these terms of use complement and reference all other agreements you have with Vanguard. If there is a conflict between these terms of use and other agreements you have with Vanguard (“Other Agreements”), these other agreements take control. This site is owned by Vanguard Group, Inc. and all subsidiaries and associated companies (together “Vanguard”). User license. Vanguard grants you a limited, revocable, non-exclusive, non-transferable license for use, display, storage, bookmarks, download, display, display and print pages and all content (together “Content”) within this site only for your personal and non-commercial use or expressly approved in writing by Vanguard.