📄 Extracted Text (465 words)
AGENCY DIRECTION LETTER
I appoint Deutsche Bank Securities Inc. ("DBSI") as my agent in connection with transactions in
over-the-counter options on securities and over-the-counter options, forwards, spot trades, swaps and
other transactions in currency (together, "Transactions") between me and DBSI's affiliate, Deutsche Bank
AG ("Deutsche"). I direct DBSI to execute, enter into, amend and terminate on my behalf any or all of the
following: () one or more master agreements, including a schedule, credit support annex and other
annexes and supplements, 0) one or more collateralized trading agreements, including any schedules or
annexes thereto, (iii) long or short form confirmations relating to Transactions and (iv) other option,
forward or other trading or account agreements relating to Transactions, in all cases, with such terms,
conditions and modifications as I direct ("Agreements"). If I have already entered into one or more
Agreements with Deutsche, I direct DBSI, as my agent, to enter into, modify and/or terminate
Transactions thereunder, in accordance with my direction. I direct DBSI to transfer assets and monies
from my account(s) at DBSI or Deutsche Bank Trust Company Americas ("DBTCA") to Deutsche as
collateral for my obligations under the Transactions. DBSI is acting as my agent, under my direction and
control and not as my trustee, fiduciary or investment adviser. I hereby ratify all actions previously taken
by DBSI consistent with this Agency Direction Letter.
I consent to DBSI's simultaneously acting as agent for Deutsche on Transactions and
acknowledge that DBSI has conflicts of interest, including because of the revenue sharing arrangements
in place between DBSI and Deutsche (which may result in payment of compensation to my DBSI or
DBTCA Client Representative). As a result of my appointment of DBSI as agent, I understand that
Deutsche is entitled to and intends to treat DBSI (and not me) as its "client? Accordingly, I will not have
the benefit of customer protections to which I would otherwise have been entitled.
DBSI and Deutsche will not be liable for claims relating to my appointment of DBSI as agent
except to the extent that such losses are determined by a final, non-appealable court judgment to have
been caused by the gross negligence or intentional malfeasance of DBSI or Deutsche. This Agency
Direction Letter is governed by New York law and is revocable by me upon two business days' prior
written notice to DBSI.
I represent and warrant that I am an "eligible contract participant" as defined in the U.S.
Commodity Exchange Act, as amended from time to time (an "ECP"), and will notify DBSI immediately
should I cease to be an ECP.
I HAVE READ THE ATTACHED RISK DISCLOSURE STATEMENT AND ACCEPT THE RISKS
DESCRIBED.
Name:
Date:
Account #:
Agency direction letter 1FRM 7.11
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 110613
CONFIDENTIAL SDNY_GM_00256797
EFTA01453159
ℹ️ Document Details
SHA-256
41cc96c00c32bc38387ca3a03d81ffd411e9e332c208cab1e4947f302ada1e83
Bates Number
EFTA01453159
Dataset
DataSet-10
Document Type
document
Pages
1
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