EFTA01583237.pdf

J.E'Morgan Exchange Traded Options Agreement A. Options Agreement to the ruies, regulations, customs and usages of the 1. I understand that any option transaction made for my account is subject g Corpora tion and of the register ed nationa l securiti es exchan ge, national securities assodatlon, cleating Options Clearin applica ble to such transac tion. I agree to abide by such rules, regulations, customs and usages. I organization or market Seaaiti es Lit (`)PMS ') is subject to P0siti0n and exercise Ihnits estabillhed by option understand that my account at ).P. Morgan In the aggreg ate to all of my accounts at )PMS and any other firm. regulatory organizations or markets, and that such lints apply applica ble position or exercise I agree that, acting alone or In concert with others, 1 will not exceed any by any information to me relating to the underlying securities covered 2. I understand that IPTIS Is under no obligation to convey options whethe r such Informa tion is then or Informa tion minting to the the option or any Securities related thereto, or any thereafter known or available. put option, and timely manner, any right, privilege or obligation of any 3. It shall be my sole responsibility to exercise, in a proper carry for my accoun t(s). may purchas e, handle, endorse or call option, or other option which 'WAS to any options or the attachment of my property, )PMS may, with respect 4. I understand that, in case of my Insolvency or death, riate to protect )PMS against loss. It conside rs necessa ry or approp contract position, take such steps as Options,' nt entitled, •Characteristics and Risks of Standardized S. have received from )PMS the options disclosure docume I ed therein and affirm speofIc aliy the followin g: tion contain dated February 1994, and I understand the Informa not suitable for red options contracts involve a high degree of risk, are a. That both the purchase and the writing of uncove Into only by Investors who understand the nature and extent of their many investors and, accordingly, should be entered of the inherent risks involved. rights and obligations, and who are fully aware transadlon costs, and I am able to sustain a Woe loss of the premium and b. That I should not purchase any option unless security (or a security convert ible, erchangeable or the underlying (I) I should not write a call option unless I either own l losses; , and (ii) I should not write a or am able to sustain substantial linanoa exercisable Into such underlying security) from purchas ing my security at the exercise price, which may be the loss resultin g put option unless I am able to sustain assignment of the put option to me. substantially above the market price at the time of the exercise of options regulat ory bodies may restrict transactions In particular options or c That the eccham)es or other Contracts in their discretion from time to time. which summarize the ask factors involved sections of the options disclosure document d. That I have noted particularly those in view of my rnanciai situation and investment obiectives, options trading in options trading, and I have determined mat, is not unsuitable for me. `Exercise and Assignment' I am aware of the options disclosure document entitled, 6. 1 have read and I understand the section with an •in-the-money' value of one cent ($0.01) or more at expiration will that any equity or index option I may hold contrary by expiration date. I g Corporation If I fail to give instructions to thefollowing the expiation date. automatically be exerdsed by the Options Clearin until the week actual notice of an exerose or assignment am also aware that I may not receive my account is nearing expiration, and I will no responsibility to notify me when an option in ed 7. I understand that JPMS shall have option In my accoun t was not exercised, unless I have Instruct of the fact that an have no claim for damage or loss arising out time established by )PMS. )PMS to exercise such option at or before the all margin calls as made by exist In connection with certain options, and I agree to meet represent that I am duly 8. I understand that margin requirements accoun ts are conside red to be margin accounts, and I )PMS. Further, I understand that certain options account(s). authorized to open and tarry such margin and without notification to me, to that JPMS is authorized, In )PMS's sole discretion 9. Where I am a seller of an option, I understand or damage arising out of any put option, call option or other option from loss take any and all steps necessary to protect JPMS not meet JPMS's margin calls prompt ly. These steps include, but are not I do transaction made for my acCount in the event that t, and at my risk, any or all of the shares represented by t) for my accoun limited to, buying or selling short (or short exemp risk, any put option, call option or other buying for my account, and at my options endorsed by )PMS and for my account, or from loss or damage . protect JPMS fully option as )PMS may deem necessary to also that I understand after considering the potential financial obligations, and 10. I warrant that options are suitable for my account realize and underst and that any form of options trading has a markets. I the trading of options and the functioning of the options to underta ke such risks and to withstand any fully prepared financially number of Inherent risks connected therewith, and I am of the J.P. Morgan Account Dtrivatives for New Account and ledge that I have receive d a copy losses created thereby. I acknow hereby verify Information provided by rnti, upon which )PMS has felled. 1 Investment Suitability forms, or similar forms containing ly of any materia l change In the information. the accuracy cii" that information and agree to inform )PMS prompt N; SERVICE OF PROCESS. 11. ARBITRATION; CONSENT TO JURISDICTIO N CLAUSE. BY SIGNING AN ARBITRATION AGREEMENT, THIS AGREEMENT CONTAINS A PRE-DISPUTE ARBITRATIO THE PARTIE S AGREE AS FOLLO WS: THE THE RIGHT TO SUE EACH OTHER IN COURT, INCLUDING • AU. PARTIES TO THIS AGREEMENT ARE GIVING UP OF THE ARBIT RATIO N FORUM IN WHICH A DED BY THE RULES RIGHT TO A TRIAL BY JURY, EXCEPT AS PROVI CUSH IS FILED. Title SPN CAS I.P. Morgan Use Only USI622 Banker/Investor 3/13 Pape 1 of 3 Confidential Treatment Requested by JPMorgan Chase JPM-SDNY-MnR0PT3 EFTA01583237