The communications made through this Web site should not be construed as an offer to sell a franchise in, nor are the communications directed by or on behalf of Hilton and its affiliates to the residents of, any jurisdiction that required registration of a franchise prior to offering and selling the franchise in that jurisdiction. No franchises will be sold to any resident of any such jurisdiction until the offering has been duly registered and declared effective by such jurisdiction and the required Uniform Franchise Offering Circular, if any, has been delivered to the prospective franchisee before the sale in compliance with applicable law. Nothing in this disclaimer should be construed as a waiver of any applicable exemption provisions that may be available to Hilton and its affiliates.