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Business Continuity Plan

Hickory Capital’s Business Continuity Plan  Hickory Capital, LLC has developed this Business Continuity Plan on how we will respond to events that significantly disrupt our business, like a natural disaster or terrorist attack.  Because we may not predict if and when such significant business disruption occur, or the form and damage that might occur, we will have to be flexible in responding to such events.  With that in mind, we are providing you with this information on our business continuity plan.


 Contacting Us—If after a significant business disruption you cannot contact us as you usually do at your representative’s telephone number or e*mail address, you should go to our website at hickorybd.com, to see if we have updated information about how best to contact us and our business activities.  If you cannot access us through either of these means, you should contact Doug Evans at (201) 248-8163, doug@hickorybd.com, or Chris Bauer, CPA, at (512) 731-3518, chris@teambauer.com for instructions on how it may provide prompt answers to your questions. 


Our Business Continuity Plan—We plan to quickly recover and resume business operations after a significant business disruption and respond by safeguarding our employees and property, making a financial and operational assessment, protecting the firm’s books and records, and allowing our customers to transact business.  In short, our business continuity plan is designed to permit our firm to resume operations as quickly as possible, given the scope and severity of the significant business disruption. Our business continuity plan addresses: data back-up and recovery; all mission-critical systems; financial and operational assessments; alternative communications with customers, employees, and regulators; alternate physical location of employees; critical supplier, contractor, bank, and counter-party impact; regulatory reporting; and assuring customers prompt access to their funds and securities, if we are unable to continue our business. We have back up to our important records in a geographically separate area.  While every emergency situation poses unique problems based on external factors, such as time of day and severity of the disruption, we have been advised by our mission critical counter-parties that their objectives are to restore operations as quickly as possible.  


Varying Disruptions—Significant business disruptions can vary in their scope, such as only our firm, a single building housing our firm, the business district where our firm is located, the city where we are located, or the whole region.  Within each of these areas, the severity of the disruption can also vary from minimal to severe.  In any significant business disruption, we plan to continue in business, transfer operations to other locations if necessary, and notify you through telephone our website about how to contact us.  If the significant business disruption is so severe that it prevents us from remaining in business, we will notify regulators and assist them in assisting you as soon as possible. For More Information—If you have questions about our business continuity planning, you can contact us at (201) 248-8163.