Legal

TERMS AND CONDITIONS OF USE

ACCESS TO AND USE OF THIS WEB SITE IS SUBJECT TO THESE TERMS AND CONDITIONS OF USE AND ALL APPLICABLE LAWS AND REGULATIONS. PLEASE READ THESE TERMS AND CONDITIONS OF USE CAREFULLY. THESE TERMS AND CONDITIONS MAY HAVE CHANGED SINCE YOUR LAST VISIT TO THIS WEB SITE. BY USING THIS WEB SITE, YOU INDICATE YOUR ACCEPTANCE OF THESE TERMS AND CONDITIONS.

FORWARD-LOOKING STATEMENTS DISCLAIMER

The documents contained in (or directly accessible from) this web site include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements about our future expectations, plans, prospects and future operating results and any other statements containing the words “believes”, “expects”, “anticipates”, “plans”, “estimates” and similar expressions. Our future financial condition and results of operations, as well as any forward-looking statements, are subject to inherent risks and uncertainties, including but not limited to the need for future clinical testing of any products based on cancer immunotherapies that may be developed by us; the significant time and expense that will be incurred in developing any of the potential commercial applications for our technologies; risks or uncertainties related to our ability to obtain capital to fund our ongoing working capital needs; risks relating to the enforceability of any patents covering our products and to the possible infringement of third party patents by those products; and other risks identified in the filings we make from time to time with the SEC, including, but not limited to, the report on Form 10-K for the year ended December 31, 2010. Galena Biopharma disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date such statement was first made.

Copyright and Trademark Information

This web site, and the information which it contains, is the property of Galena Biopharma Corporation (“Galena Biopharma”) and its affiliates and licensors, and is protected from unauthorized copying and dissemination by United States copyright law, trademark law, international conventions and other intellectual property laws. All product and service names mentioned or displayed on this website are the property of their respective owners.

No Implied Endorsements

In no event shall any reference to any third party or third party product or service be construed as an approval or endorsement by Galena Biopharma of that third party or of any product or service provided by a third party.

Jurisdictional Issues

Galena Biopharma makes no representation that information on this web site is appropriate or available for use outside the United States. Those who choose to access this web site from outside the United States do so on their own initiative and are responsible for compliance with local laws, if and to the extent local laws are applicable.

Enforcement of Terms and Conditions

These Terms and Conditions are governed and interpreted pursuant to the laws of the State of Oregon, United States of America, notwithstanding any principles of conflicts of law.

All disputes arising out of or relating to these Terms and Conditions shall be finally resolved by arbitration conducted in the English language in Portland, Oregon, U.S.A. under the commercial arbitration rules of the American Arbitration Association. The parties shall appoint as sole arbitrator a retired judge who presided in the State of Oregon. The parties shall bear equally the cost of the arbitration (except that the prevailing party shall be entitled to an award of reasonable attorneys’ fees incurred in connection with the arbitration in such an amount as may be determined by the arbitrator). All decisions of the arbitrator shall be final and binding on both parties and enforceable in any court of competent jurisdiction. Notwithstanding this, application may be made to any court for a judicial acceptance of the award or order of enforcement. Notwithstanding the foregoing, Galena Biopharma shall be entitled to seek injunctive relief, security, or other equitable remedies from the United States District Court in Oregon or any other court of competent jurisdiction.

If any part of these terms is unlawful, void, or unenforceable, that part will be deemed severable and will not affect the validity and enforceability of the remaining provisions. Galena Biopharma may, at its sole discretion and without notice, revise these terms at any time by updating this posting.

Entire Agreement

This is the entire Agreement between the parties relating to the subject matter herein and shall not be modified except in writing signed by both parties or by a new posting by Galena, as described above.