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© 2016 MLR Holdings LLC/Family Business Publishing Company ® The Independent Voice www.directorsandboards.com of Public Company Governance

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© 2016 MLR Holdings LLC/Family Business Publishing Company

2016 Advertising and Sponsorship Information

®

The Independent Voice

www.directorsandboards.com

XL: 40th Anniversary

of Public Company Governance

© 2016 MLR Holdings LLC/Family Business Publishing Company2

®

www.directorsandboards.comXL: 40TH ANNIVERSARY

The Independent Voice of Public Company Governance

In 2016, Directors & Boards celebrates 40 years of continuous service to public and private company directors, C-suite Executives and corporate governance professionals

Directors & Boards has served as the thought leader for public company governance, serving board members, C-suite executives and corporate governance staff with insights and opinion designed to develop and execute governance best practices.

Directors & Boards puts marketers in direct contact with the most important and engaged directors with lead and business-generating products like webcasts, e-blasts, e-newsletters, director roundtables and live events—all packaged with the brand-building and only independent governance magazine.

• Directors & Boards Magazine• Directors Roster• Directors & Boards E-Briefing

• Directors & Boards Annual Report• Directors & Boards Roundtables• Directors & Boards Webinars

• Directors & Boards Research• Directors & Boards E-Blasts• Directors & Boards Online

Delivering marketing outcomes…not just impressionsCustomized, integrated marketing designed to accomplish your marketing goals:

• Thought leadership marketing programs • Effective digital delivery• Enhanced lead generation • Top level corporate branding

3© 2016 MLR Holdings LLC/Family Business Publishing Company

®

The Independent Voice of Public Company Governance www.directorsandboards.comXL: 40TH ANNIVERSARY

XL: 40th AnniversaryFor four decades, Directors & Boards has built a reputation as the trusted thought leader for corporate governance. It’s the only independent magazine serving the market, and is owned by a serving corporate director committed to promoting and sharing governance best practices. Directors & Boards has a well-earned reputation of being able to see around corners, thanks to the long tenure and experience of editor Jim Kristie.

Directors & Boards MagazineThe first, and now the only, independent journal of corporate governance thought leadership, Directors & Boards has been the trusted print resource for corporate directors seeking best-in-class thought leadership.

Directors RosterDirectors & Boards renowned Directors Roster features a roundup of recent director appointments, as well as profiles of selected directors, and a demographic index of appointments. Most readers turn first to this sponsored section.

Directors & Boards Annual ReportDirectors & Boards’ annual special mid-year issue is focused on the state of corporate governance, with an in-depth take on issues directors will wrestle with in the year ahead. The issue is timed to follow the majority of our readers’ own annual meetings, and provides advertisers with bonus distribution and reach. Features our acclaimed Directors to Watch special section.

Key Thought LeadershipSelected opportunities are available to provide key thought leadership pieces in the pages of the magazine, or as free-standing outserts, polybagged with the publication.

© 2016 MLR Holdings LLC/Family Business Publishing Company4

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www.directorsandboards.comXL: 40TH ANNIVERSARY

The Independent Voice of Public Company Governance

Directors & Boards Magazine40th Anniversary in PrintDirectors & Boards’ 40th Anniversary edition, published in the Fourth Quarter of 2016 (ad reservation deadline October 28, 2016) will feature expanded content, bonus circulation and the opportunity for congratulatory and other types of advertising. All contract advertisers (3x or more) receive a free congratulatory ad in this issue.

• Buy five issues, get seven! Contract for five times in Directors & Boards and receive bonus advertising (same size) in Private Company Director magazine, free of charge

• Buy five e-Blasts, get an additional blast free of charge.• All advertisers in the 40th Anniversary edition will receive qualified leads from a special

editorial webinar entitled: What’s Ahead For Boards?

40th Anniversary Advertising Packages

Each year, Directors & Boards selects women directors for inclusion in its special Directors to Watch section in the Annual Report edition of the magazine. Congratulatory ads are available to help celebrate achievements in building board gender diversity.

Directors to Watch

Premium advertising positions are available for contract advertisers, including covers and editorial adjacency.

Premium Positions

Our editorial team will help you build thought leadership in the form of print “roundtables” which project your firm’s subject matter expertise.

Custom Thought Leadership Marketing Programs

Each issue features a topic-focused advertorial opportunity. Present a case study or thought leadership, along with your print ad.

• D&O Insurance and Director Liability in 2016 • Consultants to the Board—What Do Directors Need Most?• What’s Ahead for Boards—Technology, Strategy, Trends• Executive and Director Compensation—Are the Numbers Adding Up? • Board Recruitment in 2017—Seizing the Opportunities

Special Targeted Supplements

Provide regular and pre-approved thought leadership columns to project your subject matter expertise.

Custom Editorial Sponsorships

The “Yellow Pages” of corporate governance advisors and service providers, this affordable directory is available in print and online, and provides 24/7 access to contact details. Contact Barbara Wenger for details: [email protected].

New Directory of Governance Advisors

5© 2016 MLR Holdings LLC/Family Business Publishing Company

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The Independent Voice of Public Company Governance www.directorsandboards.comXL: 40TH ANNIVERSARY

Directors & Boards In-Person Events

Directors & Boards Custom RoundtablesDirectors & Boards Roundtables are sponsored, intimate gatherings of public and private company directors who participate in a guided dialog about the most important governance issues they face. Directors & Boards helps you develop topics and manages the invitation process for these completely customizable events.

The Private Company Governance Summit 2016The Private Company Governance Summit is the only national conference focused exclusively on the unique governance challenges of privately-owned businesses, including closely-held companies, family-owned companies and private equity-owned companies.

Attendees are owners, shareholders and directors of primarily middle market companies, with between $100-$750 million in revenues, though multi-billion dollar private companies also attend.

Featuring the 2016 Private Board of the Year CelebrationHonoring private company boards who best serve their stakeholders—owners, shareholders, employees and community. These boards exhibit best practices in their structure, practices and performance.

Limited sponsorship opportunities are available.

May 11-13, 2016Westin City Center, Washington, DC

Transitions East 2016, Transitions West 2016, Transitions Mexico 2016The Transitions conferences feature more top-notch family speakers than any other conference, and offer sponsors an opportunity to meet and network with important multi-generational family company members.

Family-owned companies and family-controlled enterprises of all types and sizes attend Transitions. They all share one key characteristic: They are multi-generational (or intend to be multi-generational) and want to perpetuate the business and the family.

For more information, visit www.familybusinessmagazine.com/transitions

Family Business WealthNew in 2016, Family Business Wealth will launch in September 2016. This will be a different kind of wealth management conference, created by families for families, focused on real-world solutions to wealth preservation and growth across generations.

The conference will include topics such as:

Attendees will include high net worth families, private investors, family office leadersA limited number of sponsorships will be available.

Directors & Boards offers a variety of ways for marketers to reach directors and governance professionals live with thought-leadership driven events.

• Family offices• Affirmative Investing• Actionable Philanthropy• Managing Intergenerational Wealth Transfer• Next Gen Financial Literacy and responsibility• Family Investment Banks and Venture Funds

• Capitalization and Dividend Strategies• “Passion” Investments• Personal Security• Fine Arts and Collectibles• Portfolio Diversification

© 2016 MLR Holdings LLC/Family Business Publishing Company6

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www.directorsandboards.comXL: 40TH ANNIVERSARY

The Independent Voice of Public Company Governance

Directors & Boards ResearchKnow and dominate your market with access to Directors & Boards’ array of custom and editorial research.

Access to Directors & Boards’ Research is available to contract advertisers and sponsors, depending on the level of overall marketing spend commitment.

2016 Research Projects

• Directors Roster Analytics• Private and Family Company Director Compensation Survey• Editorial research sponsorships• Custom studies, designed to help you understand your customers and the key issues they face.• Readership and Audience surveys• Marketing Effectiveness Survey Advertising recall and effectiveness metrics for advertisers in Family Business Magazine. Follow up webinar for marketers to discuss best practices for marketing to family companies.• Readership and Audience surveys

7© 2016 MLR Holdings LLC/Family Business Publishing Company

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The Independent Voice of Public Company Governance www.directorsandboards.comXL: 40TH ANNIVERSARY

Directors & Boards Webinars

Diligent CorporationK2 IntelligenceFidelis CybersecurityXCEOShearman & SterlingRussell ReynoldsMorvillo Abramowitz

BoardVantageBrand VelocityACE GroupMakovskyMorrison & FoersterBoydenTemin & Company

Booz AllenWachtell Lipton Rosen & KatzMDA Leadership ConsultingMcKenna Long and AldridgeDenali Fiduciary ManagementHeidrick & Struggles

Directors & Boards Webinars are a significant and successful way for marketers to reach out to directors and corporate governance professionals, and generate direct and actionable leads. Directors & Boards Webinars provide a one hour live and archived educational session, moderated by our editorial experts, and featuring sponsor executives and significant directors as co-presenters.

Webinars are marketed to Directors & Boards’ double opt-in list of e-Newsletter recipients, and typically generate up to 300 registrants by the date of the event, with a significant long-tail of registrants who view replays of the webinars archived on both the sponsors’ and Directors & Boards’ websites. All webinar marketing includes social media links for extended reach.

Additional thought leadership opportunities are available in Directors & Boards’ monthly e-Briefing, which features content from webinar sponsors.

Among the companies who have successfully used Directors & Boards Webinars:

Webinar ExtensionsWe’ll create a thought leadership piece, suitable for distribution to your clients and prospects, based on the content of the webinar. $5000 net per page, includes distribution to the readership of Directors & Boards.

© 2016 MLR Holdings LLC/Family Business Publishing Company8

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www.directorsandboards.comXL: 40TH ANNIVERSARY

The Independent Voice of Public Company Governance

Directors & Boards PartnersDirectors & Boards is proud to be a marketing partner with these and other fine companies targeting the public and private corporate governance market.

ACE Insurance Afilias Akron All Clear ID Aon Consulting Balkcom Boardvantage Boyden Brand Velocity Chief Outsiders Chubb Group of Insurance Companies Compensation Advisory Partners ComputerShare Continuity FBC Debevoise & Plimpton Deloitte Deluxe Delves Group

Dilenschneider Group Diligent Corporation DLA Piper Drexel University Drinker, Biddle & Reath LLP Duff & Phelps Ernst & Young Family Business Consulting Group Fidelis Cybersecurity Gibraltar Private Bank Hartland Payment System Hay Group Heidrick & Struggles Jack Veale Enterprises K2 Intelligence KCG KornFerry International KPMG

Laclede Group Larry Jagoe Executive Search MagLaw Makovsky Mercer Meridien Compensation Partners Minnesuing Acres Morrison Foerster National Association of Corporate Directors Navigators Insurance Pay Governance Penn Mutual Insurance Company PwC Richards Kibbe & Orb LLP Russell Reynolds Santa Fe Group Sard Verbinnen Sargento Foods

SEI Wealth Semler Brossey Shearman & Sterling Sokolove Law Stanford University ThePrivateBank Thomson Reuters Towers Watson Trewstar USC Women Corporate Directors Webfilings Wharton Women Corporate Directors Workiva XCEO

9© 2016 MLR Holdings LLC/Family Business Publishing Company

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The Independent Voice of Public Company Governance www.directorsandboards.comXL: 40TH ANNIVERSARY

Directors & Boards DigitalDirectors & Boards offers a variety of brand-building and lead-generating tools to reach directors and corporate governance directors directly on their tablets, smart phones and desktops.

Directors & Boards OnlineDirectors & Boards’ newly redesigned and fully responsive website features selected content from the magazine and its archives, as well as editor Jim Kristie’s blog, and other relevant governance content.

Directors & Boards E-BriefingNow distributed weekly and redesigned for maximum and responsive impact, theDirectors & Boards E-Briefing reaches 12,000 plus opt-in subscribers (plus an additional 13,500 Private Company Director subscribers) with selected content from the magazine, webinar-related thought leadership, news, research and a calendar of events, and features prominent ad banner positions. Select sponsored content opportunities are available.

Directors & Boards E-BlastsPush your direct response message directly to Directors & Boards’ double opt-in e-subscriber list with highly effective html e-blasts, brought to readers under the trusted brand of Directors & Boards

To reach privately held companies, extended distribution is available through sister publications Private Company Director and Family Business Magazine’s e-blast lists and twice-monthly e-Newsletters.

© 2016 MLR Holdings LLC/Family Business Publishing Company10

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www.directorsandboards.comXL: 40TH ANNIVERSARY

The Independent Voice of Public Company Governance

AudienceDirectors & Boards is the corporate governance thought leader for the most influential and powerful directors in North America. The average reader of Directors & Boards serves on the board of a $2.8 billion company, is 55 years old, and serves on four boards (including public, private and charitable boards).

Directors & Boards delivers the largest independent paid circulation of any publication targeting board members and governance professionals in major North American companies. Total circulation includes paid individual recipients, paid board subscriptions (all members of the board receive an individual copy of the magazine), sponsored-paid circulation (distributed by or courtesy of advertisers), author copies and free-trial copies used for paid circulation acquisition purposes.

Print DistributionE-Newsletter: 12,079 per issue(Additional Private Company Director audience: 13,716)Website: 12,859 annual unique visits

Digital ReachPrint CirculationAverage Distribution: 7,150Average Reach: 17,317 (1.45 copies per issue pass along rate)

Total distribution with trial, conference and partner copies: 8,000

11© 2016 MLR Holdings LLC/Family Business Publishing Company

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The Independent Voice of Public Company Governance www.directorsandboards.comXL: 40TH ANNIVERSARY

First Quarter 2016Ad Reservations: January 15, 2016Ad Materials Deadline: January 22, 2016Mails: February 2016• Annual Spotlight on the Digital Director: Why You Need One Now • Does the Changing World of Health Care Require a Health Care Board Member? • The Feds As Shareholder: How Government Ownership Impacts the Director’s Role• Special Supplement: D&O Insurance and Director Liability in 2016 BONUS DISTRIBUTION: The Private Company Governance Summit 2016

Second Quarter 2016Ad Reservations: April 22, 2016Ad Materials Deadline: April 29, 2016Mails: May 2016• Can a Director Be ‘Resuscitated’? Yes, You Can Salvage a Board Member• An Old Idea for New Times: A Shareholder Advisory Committee of the Board• Private Companies Need Good Boards, Too [A PCGS 2016 Preview]• Special Supplement: Consultants to the Board—What Do Directors Need Most?

Annual Report 2016Ad Reservations: July 1, 2016Ad Materials Deadline: July 8, 2016Mails: July 2016• Governance Year in Review: Who’s In, Who’s Out, What’s New• Governance Book of the Year Award• Directors to Watch• Special Supplement: What’s Ahead for Boards—Technology, Strategy, Trends

Third Quarter 2016Ad Reservations: September 16, 2016Ad Materials Deadline: September 23, 2016Mails: October 2016• How I Got on My First Board: Lessons for Seekers of a Board Seat• The Case for Insiders on the Board• Lead Director: To Rotate the Role or Not• Special Supplement: Executive and Director Compensation— Are the Numbers Adding Up? Fourth Quarter 2016 40th Anniversary Special IssueAd Reservations: October 28, 2016Ad Materials Deadline: November 4, 2016Mails: December 2016• 40th Anniversary Special Issue: An Historic Legacy of Great Governance Advice• 40 in their 40s: A ‘Youthquake’ in the Boardroom• Once They Were Giants: 40 Departed Authors Who Wrote with Wisdom • Cary Grant, Grace Kelly and More: 40 Celebrities Who Served as Corporate Directors• Special Supplement: Board Recruitment in 2017—Seizing the Opportunities

Editorial Calendar

© 2016 MLR Holdings LLC/Family Business Publishing Company12

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www.directorsandboards.comXL: 40TH ANNIVERSARY

The Independent Voice of Public Company Governance

Advisory BoardRobert H. RockChairmanMLR Holdings LLC

Norman R. AugustineFormer Chairman and CEOLockheed Martin Corp.

Robert L. CrandallFormer Chairman and CEOAMR Corp.

Robert L. DilenschneiderChairmanThe Dilenschneider Group Inc.

Bonnie W. GwinManaging Partner of the North American Board of Directors PracticeHeidrick & Struggles

Charles M. ElsonDirector, John L. Weinberg Center for Corporate GovernanceUniversity of Delaware

Thomas P. GerrityDirector, Wharton Forum on Electronic CommerceUniveristy of Pennsylvania

Ann McLaughlin KorologosFormer U.S. Secretary of Labor

Susan R. SalkaPresident and CEOAMN Healthcare Services Inc.

Russell E. PalmerChairman and CEOThe Palmer Group

Jeffrey A. SonnenfeldAssociate Dean, Executive ProgramsYale School of Management

13© 2016 MLR Holdings LLC/Family Business Publishing Company

®

The Independent Voice of Public Company Governance www.directorsandboards.comXL: 40TH ANNIVERSARY

Advertising in the Directors & Boards’ family of governance media products delivers your targeted message to our powerful readership in a clutter-free, professional journal environment.

Advertising and Sponsorship Rates

Rate Card #40 Four Color Page Rates (net) 1x 2x 3x 4x 5xFull Page $7,425 $7,305 $7,105 $6,860 $6,545Cover 2/3 $8,715 $8,580 $8,440 $8,305 $7,860Cover 4 $9,315 $9,165 $9,025 $8,890 $8,515Spread $13,375 $13,155 $12,945 $12,740 $12,1202/3 Page $5,560 $5,475 $5,385 $5,300 $5,0201/2 Page $4,915 $4,835 $4,760 $4,690 $4,4751/3 page $3,785 $3,725 $3,670 $3,610 $3,4951/4 page $3,215 $3,170 $3,120 $3,055 $2,945

Digital AdvertisingDirectors & Boards Website www.directorsandboards.com (Rates per 30 days)

Interstitial on home page load: $3,000 Interstitial on individual stories: $2,500

Website Super Leaderboard: $2,300 (970x90 pixels)ROS Leaderboard: $1,500 (728x90 pixels)ROS Medium Rectangle: $2,000 (300x250 pixels)Landing Page Skyscraper: $2,000 (160x600 pixels)

Rich media available on Interstitials, Medium Rectangle and Leaderboard• In-Banner Video (add $1,000)• Rich Media Expandables (add $500)

Directors & Boards e-Briefing(48 editions per year, rates per issue)

Top leaderboard: $2,500Interstitial on clicked stories: $2,500Leaderboard: $1,500

Supplied Insert Pricing 2016Rate Card #11 (net)2 page insert: $3,200 12 page insert: $8,9004 page insert: $5,100 16 page insert: $11,6508 page insert: $7,100 The following are guideline prices for pre-printed inserts in Directors & Boards . This assumes “normal” weight and size (8 ½ x 11 or less); heavier pieces, or unusual sizes, will be priced individually. Contact your advertising representative to discuss weight and sizing.

Pricing is for insertion in the magazine or insertion in the Polybag. Polybag insertions limited to 3 pieces per issue on a first-come, first-served basis.

Special insertion costs: Handwork, glue dotting, etc., are billed at cost and are non-commissionable.

Webinar and e-Blast Advertising 2016Rate Card #11 (All rates net)

Custom Webinars: $10,000Editorial Webinars: $6,000 multi-sponsor (per sponsor,

minimum of two sponsors)

E-Blasts: $3,000 per email(Availability is limited, so please book early; limited volume discounts available).

Directors & Boards 2016

Print Advertising Rates

Special Digital OpportunitiesMaster sponsor of Directors & Boards’ Digital Edition: $2,000(Delivered to all print and digital subscribers per issue.)

Native (Sponsored) ContentCreation and distribution, e-Newsletter and website. One e-Newsletter issue, plus 30 days on the website: $3,500. Max 1000 words.

Directory of Governance AdvisorsEach edition of Directors & Boards in 2016 will feature a comprehensive of directory of governance advisors; this directory in fully searchable form is also available on the Directors & Boards website. Listings maybe upgraded to include multiple directory categories, corporate logos, photos, and special colors.

Basic directory listings are just $1,000 per year. Supplements and upgrades to basic listings are charged at an additional cost. Contact Barbara Wenger at 215-405-6072 for additional details.

© 2016 MLR Holdings LLC/Family Business Publishing Company14

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www.directorsandboards.comXL: 40TH ANNIVERSARY

The Independent Voice of Public Company Governance

Your Directors & Boards Team

Scott ChaseAdvertising [email protected]

Mike BachmanNational Account [email protected]

David ShawPublishing [email protected]

Peter BegallaConference and Education [email protected]

Barbara WengerProduction, Circulation and Reprints [email protected]

Jerri Smith Reprints, List Rentals and Accounting215 [email protected]

The Directors & Boards team is at your service. We’re committed to maximizing the value of your advertising and sponsorship investment. Call us today to talk about how we can craft a unique solution for you.

15© 2016 MLR Holdings LLC/Family Business Publishing Company

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The Independent Voice of Public Company Governance www.directorsandboards.comXL: 40TH ANNIVERSARY

Mechanical Specifications• Publication trim size ....................................... 8 ½" x 10 7/8"• Recommended ad page size .................................... 7" x 10"• Binding ...................................................................Perfect

Bleed• There is no extra charge for full bleed ads• Full-page size to be furnished 8 ¾" x 11 1/8" • Keep reading and live matter a minimum of ½ inch from edges

on all bleed pages.

SizesFull page (full bleed) ..................................8.75"w x 11.125"h

(includes .125" bleed on all sides)

Full page (no bleed) ...................................... 7.25"w x 9.75"h2/3 page........................................................ 4.78"w x 9.75"h

½ page horizontal ........................................... 7.25"w x 4.5"h

½ page island ................................................... 4.78"w x 7"h1/3 page vertical ...............................................2.3"w x 9.75"h1/3 page square..............................................4.78"w x 4.75"h

¼ page ........................................................3.54"w x 4.75"h

Family Business Marketplace:¼ page ........................................................3.54"w x 4.75"h1/8 page ............................................................ 3.54"w x 2"h

Specifications and TermsAdvertising Material Requirements• We accept high–resolution (300 dpi) composite (CYMK)

PDF files, with all fonts and graphics embedded. For the acceptability of other formats, please check with your advertising representative.

Mailing/Delivery InstructionsMaterials should be mailed to:

Barbara WengerFamily Business 1845 Walnut Street, Ste 900Philadelphia, PA 19103(215) 405-6072Fax: (215) [email protected]

Electronic files should be emailed to [email protected].

FTP information is available on request.

General Regulations • Terms are net cash payable in U.S. dollars only. • Advertisers will be credited if, within a 12-month period

from the date of first insertion, they have used sufficient additional space to warrant a lower rate than that at which they have been billed.

Additional Information Directors & Boards is published by MLR Holdings LLC 1845 Walnut Street, Suite 900Philadelphia, PA 19103

Subscription Price U.S.: $325 for five issues annuallyOutside the U.S.: $350 (payable in U.S. dollars)

© 2016 MLR Holdings LLC/Family Business Publishing Company16

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www.directorsandboards.comXL: 40TH ANNIVERSARY

The Independent Voice of Public Company Governance

MLR Holdings, LLC (“Publisher”) may hold the Advertiser and its designated advertising Agency, jointly and severally, liable for paying for all duly authorized advertisements (“ad” or “ads”) inserted in or attached to Directors & Boards magazine and all other sums due and payable under this agreement. Publisher will not be bound by, and will disregard, terms and conditions appearing on insertion orders or copy instructions which conflict with provisions of this rate card.

No advertisement shall be published unless a signed insertion order is received at the offices of the Publisher no later than the closing deadline specified by the Publisher.

New advertising materials, orders, cancellations or corrections shall not be considered authorized by the Advertiser and/or Agency unless confirmation of such change, in writing, is received at the offices of the Publisher by the closing deadline. In the event copy changes are not confirmed in writing, Advertiser and/or Agency’s most recent advertisement shall be inserted.

Advertiser and/or Agency are responsible for checking ad copy for corrections and providing prompt written notice of errors or changes within Publisher’s deadlines. Publisher is not responsible to correct an error in an ad unless Advertiser and/or Agency have notified Publisher in writing that an error has been made prior to the closing deadline. In the event all necessary advertising materials are not received at the offices of the Publisher by the closing deadline, Publisher cannot guarantee insertion of such advertisement(s) or copy changes.

If Advertiser and/or Agency fails to provide the advertisement to Publisher in time to meet the deadline of an issue in which it ordered space, Publisher will charge Advertiser and/or Agency at the regular rate for the space it has reserved, and the bill is due and payable when rendered. Cancellation of space by Advertiser and/or Agency will not be accepted by Publisher unless received prior to the closing deadline. No advertisement may be canceled after the closing deadline. Insertion orders for covers (front, back, inside front and inside back) are non-cancelable and may not be canceled by Advertiser and/or Agency.

Conversion of film or correcting digital files is not included in Publisher’s advertising price and shall be billed separately to Advertiser and/or Agency at prevailing rates.

All positioning of ads is at the sole discretion of Publisher. In no event will adjustments, reruns or refunds be made because of the position of an ad unless specifically indicated in the insertion order and agreed upon by the Publisher in advance. Advertisers who do not fulfill their contract will receive a short rate.

Ad CopyPublisher shall not be responsible for claims made in advertisements, and Advertiser and Agency, jointly and severally, shall indemnify and hold Publisher harmless from any loss, damage, claim or expense, including reasonable attorney’s fees and all other associated costs of litigation or settlement, arising out of publication of the Advertiser and/or Agency’s advertisement or any element thereof including, without limitation, those based on claims for libel, slander, invasion of privacy, unfair trade practices, copyright infringement or trademark infringement.

All advertisements are subject to approval by Publisher, which may refuse any advertising submitted and cancel any order for an ad. Such approval shall be granted or withheld solely at Publisher’s absolute discretion.

In order to ensure distribution of all advertising copy to a worldwide readership, Publisher reserves the right to make copy changes as necessary to comply with all customs and postal regulations. While every effort will be made to discuss the required changes with Advertiser and/or Agency, in some cases, especially when copy arrives after the closing deadline, this may be impossible.

All advertising materials will be destroyed one year after last publication by Publisher unless return instructions are received by Publisher in writing within that period.

Publisher will not be responsible for errors, omissions, losses or damages (including, without limitation, consequential damages) of any kind sustained from errors or omissions in ads except for failure to correct errors clearly and unambiguously marked by the Advertiser and/or Agency and received by Publisher before the closing deadline. Publisher’s liability shall not exceed the rate for that portion of the ad in error as published. Liability of Publisher for the omission of any portion of any ad from any publication shall be limited to a partial reduction in the amount charged by Publisher for such ad based on the Publisher’s rate card.

Frequency Discounts/Special UnitsFrequency discounts apply if used within any 12-month period; otherwise the best charged rate actual earned frequency discount shall apply. Charges will be adjusted accordingly at the end of the contract period. A 1/4 page is the minimum size required to maintain frequency discount. Special units such as gatefolds are available. Pricing information is available upon request. Inserts/outserts do not count toward or earn frequency discounts.

Payment TermsPayment by Advertiser and/or Agency is due in full within 30 days from the invoice date. Publisher offers a cash discount: 1.5% on net only if paid within 10 days of the invoice date.

Advertiser and Agency, jointly and severally, agree to pay a late charge equal to the greater of $5.00 per month or 1.5% per month on the outstanding invoice balance not paid when due, or if such rate will exceed the maximum rate allowed by applicable law, then a late charge calculated at such maximum rate. Failure to pay as agreed may result in the placement of Advertiser and/or Agency’s account in collection with a collection agency or attorney. If so, to the extent permitted by law, Publisher may charge and collect from Advertiser and Agency, jointly and severally, any collection costs and expenses incurred, including court costs and reasonable attorney’s fees, in addition to the invoice amounts, late charges and interest.

Any invoice submitted to Advertiser and/or Agency shall be deemed conclusive as to its correctness unless the Advertiser and/or Agency provide a written, detailed objection to Publisher within 30 days of the invoice date. In the event of a dispute, Advertiser and/or Agency must promptly pay all amounts not subject to dispute. If any invoice remains unpaid 60 days after invoice, Publisher has the right to not accept future insertions from Advertiser and/or Agency until the past due balances have been paid. A 20% re-make charge shall apply for cancellations submitted after publication closes.

Advertising ProductionAdvertiser and/or Agency will pay Publisher an amount not less than to 15% of earned gross rate for ad materials produced by Publisher for Advertiser and/or Agency.

General Conditions