EFTA01496797.pdf

January 11,2004 - NES, LLC February 27,2004 Primary Account Number ° JPMorgan Private Bank Page 6 of 20 Important Information about Your Statement Persian] accounts are subjat to the Deposit Accounts Agreement or the General Terms For Accotmts and Services. liminess accounts an: subject to the Tams and Conditions for Commercial Accounts or the General Tams For Accounts and Services Your accounts. unless Oho-wise indicatial on the Statement. are held by JPMorgan Chase Bank (the 'Bank'). Deposit accounts held at the Bank, including checking, savings, CI), and money market accounts, are FDIC insured. In Case of Errors or Questions About Your Electronic Funds Transfers (personal accounts onM Telephone or write to the Bank if you think your statement or receipt is wrung. or if you need more intimation about an electronic transaction on a statement or receipt. The phone number for inquiries is printed on the front of this gateman The address for inquiries appears below. We must hair fmm you no later than 60 days after we rent you the FIRST outman on which the error or problem appeared. • Tell us your name aid account number. Please direct all inquiries to your Morgan Account Officer at • Describe the error or the transfer you an: unsure about. JI'Morgan Private Bank elicit Service and explain as clean as you can why you believe it is an 500 Stanton Christiana Road. I 'OPS3 error or why you need mote information. Newark. DIE 19711-2107 • Tell us the dollar amount of the suspected error. We will investigate your complaint and will correct any error promptly. If we take more than 10 business days to do this (20 busineos days for transactions outside the U.S. and point-of-sale tran.sactions), we will recredit your account for the amount you think is in error so that you will have use of the money during the time it takes us to complete our investigation. In Case of Errors or Questions About Non Electronic Transfers Please examine your account at once. If you feel an error has taken place or have questions concerning a norieleetteme transaction. telephone or write us within 30 days. The phone number is printed on the front of this statement. The address appears above. If no report is received within this period, your account will be considered correct. Mutual Funds/Securities Securities (including Mutual Funds) and annuities are not bank deposits and are not FDIC insured nor are they obligations of or guaranteed by JPMorgan Chase Bank or its affiliates or any federal or state gm erom en t or gm ernment agency or government sponsored agency. Securities (including mutual funds) and annuities involve investment risks, including the possible loss of the principal amount Invested. The distributor of the .IPMorgan Funds is WMorgan Fund Distributors. Inc. which is not affiliated with the Bank. The Bank and its affiliates receive compensation from the 31slorgan Funds for [striding services to the funds. Read the 3I'Morgan Funds prospectuses carefully for derails, including fors and expanses, before investing or sending money. WMorgan Select Shares of the Connecticut Daily Tax Free Income Fund. Inc. and 'Morgan Select Shares of the New Jersey Daily Municipal Income Fund, Inc. are not pan of, or affiliated with, the JPMorgan Family of Mutual Funds. Reich & Tang Distributors Inc. and Reich & Tang Asset Management L.P.. which are unaffiliatal with JPMorgan. are the funds' distributors and investment advisor. Reich & Tang Distributors Inc. is a manha NASD. The Bank is not a registered broker-deals. Securities transactions may be through JPMorgan Fund Distributors, Inc a subsidiary of the Bole, is a manlier of NASIYSIPC. IRA Accounts Accounts of the Bank as tritace, or as discretionary lineament manager for an ER1SA plan or an IRA that hold Fiduciary Shares (as described below) do not bear any portion of investment. administrative, custodian or other charges paid to the Bank or its affiliates for services to 'Morgan Funds for which a rebate process has hem established since these charges are subject to rebate as defined below. For accounts of the Bank as %nowt, or dintetionary investment manager for an ERISA plan or an IRA. which hold Ala/CS in the 'Morgan Funds other than Fiduciary Shares, the Bank receives fees for services front the JPMorgan Funds but waives account II= with respect to the funds so held. "fiduciary Shares' means shares of JPMorgan Select Funds and Institutional Sham of the JINN-pan Bond Fund II. JPMorgan Short-Term Bond Fund II. WMorgan Intermediate Bond Fund II. and 3PMorgan Large Cap Equity Fund held in Bank bunt aCCOUMS or in discretionary investment management accomus at the Bank held by ERISA plans or IRAs. "Rebate' means an amount returned by the Bank to the account which holds the Fiduciary Sham. The rebate amount reintsents the neaten of servicing lies paid to the Bank by the mutual fund with respect to Fiduciary Shares. Confidential Treatment Requested by JPM-SDNY-00020209 JPMorgan Chase CONFIDENTIAL SDNY_GM_00289407 EFTA01496797