EFTA01393021.pdf

Gar Risks, Prohibitions end General Information Concerning Option Trading I understand that options transactions invohd a high degree of risk and otter no guarantee of gain or assurance against toss. Accordingly. I understand that prior to engaging in any option transaction, I stood review my present financial situation and determine whether it is advisable to incur the risk of Ices associated with that particular investment 1. I understand that when 1 engage in option trading I expose myself to certain, potentially substantial financial risks in addition to those identified on the front side of Pm form under the heading - OstrelD Suited/ Breeds: melieding but not limited to the following. — I understand that I shoukl not buy an option unionism able to sustain a tote loss of the pentium and transaction costs- — else! mete) comma notions. I undersuety the I may forfeit panlopation em cape* gains out retain risk of ParticaPaliOn in withal lcoses in lit 44441Mb seemly. I understand that If an exercise a assigned to me, I may be forced to liquidate my position in the underlying scanty at a time which may be unfavorable to me. I also understand that I should not sell fwntei a covered call option uneaten, prepared to deliver the underlying security for a security convertible, exchangeable, or exercisable into such underlying security) upon the exercise O1 the option. — Il I sell ('end) uncovered (naked options. !risk substantial capital loss if, and to the extent that. Me market erica of the underlying security inc.:eras abort the sued price °fecal or decreases below the strike price of a put. If an exercise is assigned to me. it win, in all likelihood, be at a time watt will force me to assume such a capital tom I understand that I sh0uld not self (wreel a put option or an uncovered call option, eseecially en index option, unless I am able to sustain potentially unlimited losses. — lam aware that various factors may affect the price of an option contract. such as the reetionshe between the exercise price and market prise of the underheng security. the time period remaining until the option expires, and the pries fluctuation or other Characteliatics of the underlying security. — lam aware that Otto/Secant option exchanges rEscheregee") flesy, in thee discretion and flan time to time. restrict transactions in particular anions Of the exercise of option contracts in the interest of maintaining a fair and orderly market in option contracts or in the underlying security. for tie protection* investors. I understand that I may not be able to case a °portion in me event that a secondary market In the option Oases to exist or the listing exchange restricts a sidoends trading in the omen — lam aware that the Exchanges have established restrictions on Certain opening purchase air d Sale transactions on the Exchanges which are considered to be restreted °Peons. 2. I understand end agree that my aocounes) with Deutectie Bare Securities Inc (also referred to teem ae "Deutsche Bank Nee Brown') will he handed in acordanoa with the Rules of the Financial Industry Regulatory Authority ("FINRA1 and the Exchanges on which listed options are traded and of the Options Clearing Corporation ("OCC"), as expressed in its prospectus. I am aware of and agree to Cie bound by such flees. In accordance with such rules: — twill not attempt to acquire at any time. either by myself a in concert with otters, imposition in excess of the limns prescribed- from time a time or the Exchanges_ so the purpose of computing such limits, hardernand that total king call options and short out options of the same underlying stock must be added to compute the position limit Similarly. total long put options and short coil options of the same unOarlying Moor must be added to compute the position lent — twill not anempt to exercise, either by myself or in concert with others, dunng any period of five consecutive business days. a quantity in micas of tee kmit pretcnoeS by the Exchanges. — I understand that if found in violet:knelt/1th* the PiAllien lime or the exercise limit 1 may be seder to sanctions imposed by the Exchange involved and that these Sanctions may 'Delude liquidation of ire pmerapers n vie aeon 3. I understand that Deutsche Dank Alex Brown has policies which new be more te-strictive then or impose requirements in addition to those of the Excnenges.FiteRA er the New York Stock Exchange. I agree to abide by such policies as a condition of doing business wrth Deutsche Bait Alex. Brown I understand that these policies include but are not armed to the following: — SeMernent date for all option trades is the business day following grade date. Notwithstanding this provision, Deutsche Bank Alex. Brown mey, in its discretion, elect not to accept purchase mikes in options unless cash equal to the purchase price has first been deposited in my account and may sin not to accept opening sale orders in options unless I have first deposited In my account either the required margin or unrestricted negotiable shares of the underlying sled( in an addialt specified by Deutsche Sank Alex Brown — Deutsche Bank Alex. Brown may refuse orders to trade options in my account if there are restrictions against my account. including restrictions regarding trading in the underlying Security, or for any Meer reason, at AS discretion. — Deutsche Bank Alex. Brown has set trading and exercise deadlines which correspond to deadlines established by the OCC and will accept no respordiblity for completion of orders entered by teems after euch deadline. — Margin, either in cash or securities, posted by me against don option positions, may not be inducted in my margin account equity or interest computations. Deutsche Bank Alex. Brown may, turn, use these deposits to secure said short positions with the DCC. — Option exercise notices assigned to Deutsche Bank Alex Brawn in aspect *ashen cosines, in option contracts in customer accounts shall be allocated to customer's of Deutsche Bank Alex. Brown on an automated random bets !understand that diem assigned. the assigornem wet be processed se a sale (in lee case of a call) or a purchase (in the case of a pail. settling two business days from the date of assignment (except for non equity options, which send for cash on the day ol assignment) add Slattern obligated to deliver ten underlying stock or required cash to Deutsch* Bank Alex. Brown no later than settlement date. 4 I understand that margin requirements exist in connection with certain options and 1 agree to meet an margin cans as made by Deutsche Bank Aka. Brown. 1 understand that Deutsche Bank Alex. Brovne, in computing the margin requirements for option positions. may impose a bialys,' margin mairement for individual option positions than other Investment firms, and met Deutsche flink Alba. Brown will infa m admits existing memo requiemente for option positions upon rears/ in Ild event I as net meet margin cells promptly, Deutsche Bank Alex. Brown is authorized. in its sole discretion and without notilicaton to me, to take any and as Slaps necessary tO protect Kea in connection with put a nctkv one trenaiscdbna made for my account, including the note to buy and/or sat mon. o then exempt, for my exeunt and nsk any pert or al re the shares represented by options endorsed by Deutsche Bank Alex. Brown for my account, or to buy for my account and risk any puts and/or calls as Deutsche Bank Alex. Brown may deem nerenvy for As protection. I heeler agree that any and all expenses incurred by Deutsche Bank Alex. Brown in this connection wilt be reimbursed by me. 5 Res agreement she apply to ail option orders for meloa account, whether or not such orders are executed. 6 I understand that options may be listed on one or more Exchanges and that if no Exchange is specified by me, Deutsche Bank Aim. Brown will use as dustup, in routing my aerie!. 7. thereby authorise you in your sole discrePon and with notification to me (Or in the event of my death. without ncofication to representatives of my estate or to my heirs) whenever you deem it necessary for your protection. to take such oceat including withom limitallOn, to buy. sea a sly short for my accents) ano ray risk, puts, ea or other forms of options ander to buy, see, or sea short arty pert or all of the underlying securities represented by options endorsed by you lot my accoute(s). Any and as manses, induding, without limitation attorneys' fees and their reasonable disbursements, incurred by you in conneaion with such transactions wet be reimbursed by me or by my estate EL You are under ro obligation to convey to me any information relating 10 the underlying securities covered by en optfon or any SeCulitleS related theme:tinny inform/non relating to options whether such information is then or thereafter known or available. My information, advice or notification in respect to any option a any underlying securities or securities 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, Site not be construed as creating en implied easement or eons of dealing beiWeen us ano sr a‘l nor wiper the provisions* this or any otter agaorout between at 9. This agreement and its &ethanol snarl bit goveined by the laws of the Slate of New York and its provisions shall be continuous; shall cover all action transactions hereunder, whether you arc acting as broker er mincing, end all wants, individually and collectively. which I may open or reopen with you, shag inure to the benefit of vote present organization, its successors and assigns; are shell be binding moan me and my estate, executors, adevorstrators and essigno. but no assignment shall release inn from any of my obligations hereunder. Written notice of resoctions of this agreement shall not release meet of us from any obigations hereunder arising once to the actual receipt of such notice by the other. 10 Whenever any law or regulation is adopted which affects or is inconsistent with any provision hereof, such provision shall be deemed modilted or superseded. as the case may be. by sod, law or regulation. and each provisions as so modified or superseded and all other provisions hereof shall in all respects continue in foe force and effect. All other agreements existing between us er hereafter made which, by thee provisions apply to any of my vansactions and tremens wen you, shall be applicable to any of my options transactions end accounts where they are not in conflict with this agreement Should such a conflict exist it stall be moaned in lava pi this agreement. Othervnee. the Provisions of each agreendnt shell be applicable. 11. M used herein. "F and -me refers to all account owners. - You" and "Your- refers to Deutsche Bank Alex. Brown Please Initial Here' N-0127 Oki 14 (03/11) 00640e 051011 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0098370 CONFIDENTIAL SDNY_GM_00244554 EFTA01393021