EFTA00165900.pdf

. , , . r Amt iocz i.)5r Deutsche Bank Private Wealth Management Option Agreement and Approval Form , Meese Complete All Sections Account No. N4G025008 Account Name Southern Trust Company Inc Account Type Cash Account Registration ENTITY D Managed Account O Discretionary Account O Other Name(s) of pers0n(SI other than account ownedsl authorized to place orders for the account: Jeffrey Epstein, Jeanne Brennan Account and Owner Information (Provide requested information for each account owner CChent"). Attach supplement to this Agreement if necessary.) Name Southern Trust Company Inc Address 6100 Red Hook Quarter, 83, St Thomas, 00802 Country Virgin Islands Phone 3407162526 Number of Dependents N/A Mantel Status WA Birthdate 1111812011 Employer Business Phone Business Address Type of Business Position Years Held Present Brokerage Accounts with: JPMorgan Does the individual or entity that controls this account have the power to control any other Option Accounts) with Deutsche Bank Securities Inc.? Yes O No If yes, please provide the account number(S). Will Provide List Client(s) Financial Information Approximate Aggregate Annual InOome Sources of Income (Approximate) Approximate Aggregate Net Worth of Account Owner(s) from All Sources Assioninsie Na wank Less than $50.000 Salary/Bonus so % loud He Mote advisee PrWaPel Potrero, 550,000 -199.999 IntereSt/Dheciend5 gg % O Less than 550,000 . Less than 550.000 $IOD000- 3249.999 O $50,000 - 599,999 O sso.coo - 5S9.999 Other (specify)! CI 5250.000 - 5499.999 • 1100.000 - 5249.999 O $100.000 - 5249.999 O 5500.000 - 5999.999 % O $250,000 - 5499,999 III $250.000 - 5499.999 O 51.000.000- 52.499.999 % • 1500.000 - 5999.999 O 3500.000 -1999.999 • 52.500.000-54.999,999 % O $1.000.000 - 52.499.999 O 81.000.000 - 52.499.999 0 S5.000.000 and over O 52.500.000 - 54,999.999 O 52.500.000 - 54.999.999 015.000.000 and over 0 55.000.000 and over Investment Experience of Accotnit Owner(s) Year First Average rt Trades Average Sea of Average See al Typeset PreWOLVI Option Etheronce Traded Per Year trades in S Stores /Contracts Options 2011 10 31,000,000.00 1.000 ff Covered Call tainting Stocks 2011 10 $1,000,000.00 1,000 ♦ Purchased Options ♦ Bonds 2011 10 61,000,000.00 1,000 Option Spreads Commodities 2011 to Kaman() 1 000 q Uncovered Put Writing Listed Stock Index 2011 10 11.000,00000 1,000 0 Uncovered Call Writing OTC Derivatives 2011 10 31,00.000.00 1,000 O None Structured Products 2011 to fimoo,oaoa0 1,000 Other ISeecirtil Deutsche Bank Secunues Inc.. a subsidiary of Deutsche Bank AG. conducts investment banking end secunties activities in the United States lillinilia 0 1 00PM4-0 CD OM 14 (05/f I) 006404 052711 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SONY-0001648 EFTA_00015122 EFTA00165900  Option Objectives (check ALL that apPllidt 0 Income (covered cap writing) ) Portfolio Protection (protective puts) pi Speculation (spreads 8 uncovered writing) Dienes) Strategy Requests (Plane check as many of the following steeples sought to be employed) a I Coweed.Coll Writing Mederateflisk. Calls fully covered by underlying stock. Stuck may be called at any lime m at expiration. requiring owner to sell at strike price. 0 2. Purchasing Options involves Sulataimpljtok„ Entire premium is at risk. Profit or loss usually determined by selling position. If position is not dosed or exercised by expiation date, options will expire worthless. IZI 3 Option Spreads — Margin account required. troghadSubstainiallisk In addition to risk of purchasing puts or calls. if long side is closed out. leaving only a short position, the financial risk becomes unlimited. Option assignments require purchase of the underfieng stock tn the open madras to elfin delivery in piny/way of Option. 4. Uncovered Put Writing — Margin account and special statement for uncovered option writers required. localcasSubdantial Risk It assigned, the client must purchase the undoleng stock at the strike price. which may be substantially higher than the then current market price. El 5. Uncovered Call Writing — Margin account and special statement for uncovered option writers required. layglyes3epstaftuabst. Writing uncovered Calls involves unlimited financial risk. Option assignments requite putCOMA of the underlying stock in open market to effect delwery to dirchaser of option I have read and understand all of the conditions and stipulations on the reverse side of this form in regard to trading in options and represent that wiling in options is suitable in light of my investment objectives, financial situation. risk tolerance and knowledge I hereby confirm that I ern the source of and attest to the accuracy of the above information and authority Deutsche Bank Securities tee. (also referred to herein as 'Deutsche Bank Alex. Brown") to verify any representation contained therein, at its discretion. I will promptly notify Deutsche Bank Atex. Brown, in writing, of any material change in the above-stated information. t acknowledge that I may obtain an actions clearing corporation prospectus upon Inquest. have received an the Options Clearing Coipontion Disclosure Document entitled "Characteristics and Risks of Standardized 0 Signed Date Print Client Advisor Name CAS 11D1-7 client Advisor Signature pale HOP Approval Date OPTION DEPT. APPROVAL: SAOP °PIC me-t Si Covered Call Writing Purchasing Options. CI Option Spreads - ice 0 Uncovered Put Witting El Uncovered Call Writing 0S-Pialla-0127 OM ta Min 00640a °Mit CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0001649 EFTA_000 15 123 EFTA00165901  4. Risks, PCOhit/ItiOnS and General Information Concerning Option Trading I understand ttgd options transactions invcthe a high degree of risk and otter no guarantee of gain or eleuranCe against loss Accordingly. I understand that price to engaging in any option gantlet/On. I Should review my present financial situation and determine whether it is advisable to incur the risk of loss associated with that Outbid investment. 1. I understand that when I engage in Odd' trading I emcee await to certain, potentiaSy subsumes financial risks in addition to those identified on the front side of this fan unfit/ the heading "Oentld suetegy PerterettS: including but rot limited to the following. — loop/second that t should not buy an option unless I am able to sustWn a total loss of the premium and transaction costs. — II I sell (voila Medal actin s. I understate that I low feria participation in canal Paid Out retain nark Of participation in retinal loans in de ohdethan0 send it urdentand that tan exercise is aSsigned IC. me. I may be faced to liquidate my poption 'n the dimming smutty at which may be unfavorable to me. I silo understand that I should not sell home) a covered call option unless I am prepared to deliver the underlying security or a security convertible, exchangeable. or earersable into such urderirng Seca thin upon the exercise ol the option. — a I sell (wag uncovered (naked options. t risk substantial capital loss if. and to the extent that the market price of the underlying security increases above the stniu) price of a call a decreases below the strike price donut. If an exercise is assigned to me. it wit. in all likahood, be at a time which will force me to assume such a capital lose I umarstawl that I should not sell (write) a put option or an uncovered call option, especially an index option. unless I am able to sustain potentially unlimited tests. — lam aware that vsriots factors may affect the price of en anion contract, such as the relationshp between the exercise price and market price of the underiProg security. the time period remaining unfit the option expires, and the price fluctuation a other characteristic of the untalying security — tam aware Nat thecespecove option exchanges I -Exchange- I now. in titer discretion and horn time to time. restrict transaction in particular orient Cr the exercise option contrads in the muss of maintaining a fair and orderly market In optic° contracts a in the underlying society. for MO PrOteCterni el invested I understand that I may net be able to okra a Makin in the event that a sticonclen market in the option codes to exist or the listing exchange restricts or swoends tracing in the op6bn. — lien aware that the Exchanges have established restrictions on certain opening purchase ad ea transactions on the Exchanges which are coiteicland to be restricted Options. 2. I understand and agree that my adounifSI with oeutecte Bank Securities Inc (also referred to honrin ae 'Deutsche Bank Alex Blown') will he handed In iselisrdenCe with die Rules of the Financial Industry Regulatory Authority 1- 71NBA'l and the Exchanges on validated options are traded and d the Options Clearing Corporation rOCC—I. as expressed in its prospectus. I sin aware d and agree to be bound by such rules. In accordance with such naafi' - I will not attempt to acquire stony erns either by myself or in concert with others. a position in excess of the finds prescribed icon time to time oy the Exchanges. Fir the purpose of computing such Bats, I undostand that total ping Cal options and Shen put Options ol the LIMO ufdetboorg stock must be added to compute the position lima Similarly, total long put options and short call options d the same uncerring SOCK meat be added to compute the position lime — I will not anew to exercise, either by myself a in concert with others, bang any period of five fonsticulne busnista den. a quantity in excess of WOO limit preecrend by de Exchanges. — I understand that a found in violation of either the petition kme or the exercise limit I may be outset to sanctions imposed by the Exchange involved and that these sanctions may oxhide fiquidaben of to camilloos n vie man 3 I understand that Deutsche Clank Alex Brown het pokoies which mey be more restrictive than a impose reaparements in additien to thee' nt the Exchanges. AMA a the New York Stock Exchange. I agree to abide by such polices as a condition of doing business with Deutsche Bank Alex. Crown I understand mat these policies include but are not Smiled to the kilowatt — Settlement date for all option trades is the Waimea* dey following trade date. Notwithstanding this produort. Deutstho Bank Alex Brown may. n its discretion. east not to accept purchase orders n options UNOSS cash equal to the purchase price has first been deposited in my account, and may elect not to accept opening sale orders in options unless I have rest deposited in my account either the mooed wren or unrmancted negotiable shares of the underlying SIOCk n an amount spoofied by Deutsche Bank Alter Brown — Deutsche Bark Alex. Brown may refuse orders to trade otters in my account if there are restrictions against my account. including restrictions reganing trading in the underlying aeasity. or for any other meson. at its discietion. — Deutsche Bank Alex Brown has set trading and exercise deadlnes which correspond to daddies established by the OCC and will accept no responsibility for candetten d orders rand by dents after such deadline. — Margih either in cash or securities, posted by me against short cotton positions. may not be included in my margin account equity or inmost computations. Deutsche Bank Alex. Brown may. co turn. use these deposits to serum sad short positions with the OCC. — Option exercise notices assigned to Deutsche Bank Alex Brown in respect ol a short position in option COM,dels n customer accounts shall be allocated to customers of Deutsche Beek Na . Brown on an autemzed random basis. I understand that if I em assigned. the assignment yid be processed as a sale can tbi case of a call or a purchase in the case of a put), salting two business days from the dated assignment (except for nonidurlY opens. which settle for cash on the day of assiOnmen0 and that I am obligated to delver the underlying stock or remind cash 10 Deutsche Bank Alex. Brown no lam than senlemont date. 4 I understand that margin requirements exist in connection with Certen options end I agree to meet at margin alb a made by Deutsche Bank Aker. Blown. I understand that Deutsche Bank Alex. Brown, in compering the margin requirements for option positions. may ;tepee* a higher margin requirement for individual option positions than other Investment ferns. and trial Deutsche Saar Max Brown will inform me a its existing merge requirements for option positions upon request. In the event I do not meet margin cells promptly, Deutsche Bank Net Brown is aulhorizect. in its sole discretion and without notification to me, to take any and all steps necessary to protect itself in correction with put andIte 031 Perisacdons made for my amount. including the nap to buy and/or sell then, or dart exempt, for my erode and risk eny pert or all nl the shares represented by ankh. endorsed by Deutsche Bank Alex. &Own tOr my aCCOlint. Or to buy for my account and risk any puts and/or calls as Deutsche Bank cues. Brown may deem necessary for its protection.I further agree that any and all expenses incurred by Deutsche Bank Alec. Brown in this connection will be reimbursed by me. S. This agreement shall apply to all option orders for myfour account, whetter a not such ceders are executed. 6 I understand that optima may be listed on one of more Exchanges and that If no Exchange is specified by me, Deutsche Bank Alex. Brown will use its discretion in muting my orders). 7. thereby authorize you in your site discretion and with notification to me Its in the event of my death. without notification to representatives d my estate or to my heal whenever you dam it necessary for your proforma, to take such octium including. wine* Irinitatkon. to My. SO or see shoe for my accountts) 400 roy reek Putt tits, other fence of options andar to buy. sea, a sell short any pan creed the underlying securities represented by colons endorsed by you lot my accountlg. My and all expenses. inducing. without limitation attorneys' fees and their reasonable disbursements, intuited by you in cannel:On with war transacuons will be reimbursed try me a by my elate 8. You are Linder no obigacion to convey to me any information rotating to the underlyirg securities cased by an option or any securities related thereto. or any information relating to OptdesS whether such information is then a thereafter known a available. My infonwation, advice or notification in respect to any option or any underlying securities a mottles relating thereto which you may give me and which you are not required to give by the terms of this agreement or any other agreement, expressed or implied. shall not be construed as creasy an implied agreement or soda of dealing bends, us am seal nor snow this provisions el this or any ofber agreoroest between is 9. This agreement and its oldies mum snarl be governed by the laws of the Stale Of New York and ten provisions shall be COntinuOuS; shall cover 81 COORS transactions hereunder, whether you are acting as broker or principal. end as accounts, individually end collectively. which I may open a re-open with you. that, inure to the benefit Of ?Our Dread organization, its successors and assigns: am shell be finding uoon me and rny estate, onecutors, adworstrators and assigns, ill no assignment Shall Mien° ten from any of my obligations hereunder. Written notice of evocators d this agreement shall not release Other Oh4 from any obligations hereunder seising prior to the actual receipt of such notice by The oltvd 10 Wnenever any taw or regulation is adopted which affects or is inconsistent with any precision head. Sidi providon did be deemed modified or superaded as the case may be by such raw or regulabont and such provisions as so mixdal or superseded and a CAW prwuiala heed shall in all respects continue in full facie and effect. All other agreements existing between us er herafter made which, by their provisions apply to any of my transactions and accounts wrth you., shall be applicable to any of my options trareaCtOnit and accounts where they are not in conflict with this agreement Should such a conflict eau it shoe be resolved in fever of (hie agreemert. Otherwise. the provisions of each agreement shall be excitable ft As used herein, - r dad -ma- rears toes account owners. ^ Mu and 'Vote" refers to Deutsche Bank Alex Brown Please Initial Here. 006404 051011 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0001650 EFFA_000 15 1 24 EFTA00165902  Special Statement for Deutsche Bank Alex.Brown Uncovered Option Writers A OIMS OA If DOU1tCh• 8,01 Sctv. I Ai Inc. Account No. N4G025098 Account Name Southern Trust Company Inc. There are special risks associated with uncovered option writing whichexpose the investor to potentially significant loss. I understand that this type of strategy may not be suitable for all customers approved for options transactions. I also understand each of the following: 1. The potential loss of uncovered call writing is unlimited, since there is no upper limit on a stock's price and the loss to a writer of an uncovered call equals the stock price minus the exercise price. The writer of an uncovered call is in an extremely risky position, and may incur large losses if the value of the underlying instrument increases above the exercise price. Such a loss can exceed the equity in the call writer's account. 2. The potential loss from writing uncovered put options is also substantial. The writer of an uncovered put option bears a risk of loss it the value of the underlying instrument declines below the exercise price. However, since stock prices cannot be lower than zero, the maximum loss is equal to the stnke price of the put sold less the premium received for that put. Such loss could be substantial if there is a significant decline in the value of the underlying instrument and can exceed the equity in the put writer's account. 3. For combination writing, where the investor writes both a put and a call on the same underlying instrument, the potential risk is unlimited and can exceed the equity in the option writer's account. 4. Uncovered option writing is thus suitable only for the knowledgeable investor who onderstands the risks. bas the francs& capacity and willingness to incur potentially substantial losses, and has sufficient liquid assets to meet applicable margin requirements. In this regard, if the value of the underlying instrument moves against an uncovered writer's options position. the investor's broker may request significant additional margin payments. If an investor does not make such margin payments, the broker may liquidate stock or options positions in the investor's account, with little or no prior notice in accordance with the investor's margin agreement. 5. The option writer may not be able to rely on the secondary market. If a secondary market in options were to become unavailable. investors could not engage in dosing transactions, and an option writer would remain obligated until expiration or assignment 6. The wnter of an American-style option is subject to being assigned an exercise at any time after he has written the option until the option expires. By contrast, the writer of a European-style option is subject to exercise assignment only during the exercise period. NOTE: It is expected that the person(s) signing below will read the booklet entitled Characteristics and Risks of Standardized Options available from your broker. Particular attention is directed to the chapter entitled "Risks of Buying and Writing Options." This statement is not intended to enumerate all of the risks entailed in writing uncovered options. I have read and understand the above statement regarding the special risks associated with uncovered option writing and represent that such trading is suitable in light of my investment objectives, which include speculation, as well as my financial situation, risk to nd knowledge. I understand that you will rely on the representations I have made herein and in the Option A merit and Approval Form I provided to you in determining whether to approve my account for the options strategie eve elected nd I hereby ruth and accuracy of such statements. Signed Date 10774 6 3 Signed Date Signed Date Signed Date Signed Date Approved for: covered Calls ancovered Puts ADP/Manager Approval: Date 08-08AB-0126 OM 14 A (21081 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0001651 EFTA_00015125 EFTA00165903  Joint Account Supplement to Option Deutsche Bank Alex.Brown Account Agreement and Approval Form rr 41 04.atry• Sato It<tr1.0. Account NO N4°*25". Account Na SouirettIrai C0+0eO Ire Second Account Owner Personal Information: Name Anneal Jew Ana int Vefinglw Home Address works wreiicrie r name. w. 000112.130 Home Phone / 40 775 2$21 Number 01 Dependents Mantel Status Binhote 00.3200 emoloyc, Sean rtinn0lu.0 Business Rearm 310/753025 Business Address IMO Rea Hook Cycle Sean*. we:462.4o Typo of Business "'arm %S bon Years Maid Present Biteititige Accounts with Does this owner hew the power to control any other OotiOn Accourns)With Deutsche Bank Securities Inc 2 Q Yes ❑No II w•s. peso provide the account nurnber(31. .11. 46 40. " 0"" ^" Third Account Owner Personal Information: klarra wrulir •••• Home Address Home Phone Number of Dependents Marital Status Birtndate Employee BUStreSS PhOn0 646442'6. 12 Business Address 21100 01 Business Position Years Hold Present Brokerage ACCOOlits with. Does this owner have the power to control any other Option Accounils) with Deutsche Bank Secunties Inc Oyes ❑No If ws. plOILSC proecto the account number's) Fourth Account Owner Personal Information: Name rim vat NM Home Address Homo Phone Number of Dependents Mental Status Birthdate Employer Business Phone Bus,noss Address Type of Business Position Years Held Present Brokerage Accounts with Does this owner haw the power to control any other Option Accounts) "nth Deutsche Bank Securities Inc > glYtts ❑No If uss. oSsaso 0/0000 10(l aC001.131 0010004Si Rid. Account Owner Personal Information Name uw Yaegt+.•• Home Address Home Phone Number of Dependents Marital Status Birthdate Employer Business Phone Business Address Type of Business Posi tion Ysiers Hold Present Brokerage Accounts with: Does this Owner have the power to control any ether Option no:mines) with Dansohe Bart Securities Inc 1 ❑Yes ❑NO II yes, Plettle wand° the account numberfsl: 03 03.313 OM 04.4 hts n3.00 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0001652 EFTA_000 15 1 26 EFTA00165904