EFTA01583239.pdf

Standing Instructions for Derivatives Collateral Transfers J.P. Morgan and Margin Loan Form - Overview and Instructions Overview WHAT ARE STANDING INSTRUCTIONS FOR DERIVATIVES COLLATERAL TRANSFERS AND MARGIN LOAN) The Standing Instructions for Derivatives Collateral Transfers and Margin Loan Perm is a form that allows 1.P. Morgan to move cash balances from your designated accounts to meet margin requirements. WHO SHOULD COMPUTE AND SIGN !MS STANDING INSTRUCTIONS Mau The Standing Instructions must be completed and signed by all parties that wish to engage In derivatives transactions In the Mure. Instructions As you review and complete the Sanding Instructions Form, please keep the following Instructions In mind: • •ierHan A - V a Client is Trading, Section A Is mandatory; It allows J.P. Morgan to transfer cash out of your Asset With Brokerage Dertradves Account to cover margin. allows ).P. morgan to transfer cash into your Asset with Brokerage • aesLisuUt - U a Client is Trading, Section B is mandatory; It Derivatives Account to return excess margin. • tuna., This Section Is optional; R allows Morgan to make transfers from your main account to your derivatives account new account to satisfy a margin call. Please indicate whether the authorization is for the undersigned's existing account or a (Check one box only). (Reg T fadlIty) to your • emetton Q.- This Section is optional; it allows J.P. Morgan to make transfers from your margin account account to satisfy a margin call. Please indicate whether the authorization Is for the undersigned's existing account or derivatives a new account (Chedc one box only). margin account (Reg 7 facility) • Nertinn F - This Section Is optional; it allows J.P. Morgan to return any excess cash to your (Check box to select). • Page 2 - SISLCIKLUIS - Please sign, Date and Print your Name (Name of the Account Owner) )Morgan Chase Bank, NA., LP. Morgan Securities By signing below, the undersigned has elected to authorize, direct, and empower Morgan') to take the following actions on the LW, and LP. Morgan Gearing Corp. (collectively, with their respective affiliates, ').P. behalf, whidi J.P. Morgan may do, but Is not obligated to do, and to make adjustments for any erroneous entries. undersigned's A. Transfer of Cash to Satisfy Margin Calls (Mandatory If dient is trading) (a *Derivatives Margin Car) to secure the undersigned's In the event that the undersigned Is required to pledge additional cash of payment or perarmance, whether joint or several, contingent or otherwise, that the undersigned has to any l.P. Morgan obligations entered Into pursuant to the Client Agreement and the OTC Addendum, the 1SOA Master Agreement and any entity for transactions delivered in connection therewith restatements, supplements, addenda, or similar documentation amendments, modifications, to debit such amounts and J.P. Morgan is authorized, without notice to the undersigned, (collectively, • Derivatives Obligations", (all) from the undersigned: nece•rery to satisfy any Derivatives Margin transfer such ash (as determined by J.P. Morgan to be Account". J.P. Morgan account noted below (*Asset With Brokerage Derivatives in connection with the execution of this authorization. This authortzatlon Is for an account that will be established by the undersigned establishment and the assignment of an account number, J.D. Morgan will send The undersigned hereby agrees that upon the account's , the account number, and that this authorization the undersigned a confirmation statement verifying the accounts establishment applies to the account. B. Return of Excess Margin (Mandatory if Client is trading) undersigned's Denvatives Obligations (coNecUveiy, In the event that the cash pledged by the undersigned to J.P. Morgan to secure the Derivatives Obligations to the ).P. Morgan 'Derivatives Collateral) on any day exceeds the aggregate amount of the undersigned's that is/are a party to such Derivatives Obligations, 1.P. Morgan is authorized, without notice to the undersigned, to transfer entity(les) Account. such excess Derivatives Collateral to the undersigned's Asset With Brokerage Derivatives C. Transfers from Main Account to Derivatives Account (Optional) to authorize, direct, and empower J.P. Morgan to take the following Further, by checking the boxes below, the undersigned has elected to do, and to make adjustments for any additional actions on the undersigned's behalf, which J.P. Morgan may do, but is not obligated erroneous entries. to meet any Derivatives Margin If the cash maintained In the undersigned's Asset With Brokerage Derivatives Account Is Insufficient transfer such cash (as determined by Call, J.P. Morgan is authorized, without notice to the undersigned, to debit such amounts and below J.P. Morgan to be necessary to satisfy any Derivatives Margin Call) from the undersigned's J.P. Morgan account noted ("Asset With Brokerage Account'). ❑ This authorization Is for the undersigned's existing account. Enter Account Number: of this authorization. ❑ This authorization Ls for an account that will be established by the undersigned in connection with the execution J.P. Morgan will The undersigned hereby agrees that upon the account's establishment and the assignment of an account number, send the undersigned a confirmation statement verifying the account's establishment, the account number, and that this authorization applies to the account. Title SPN CAS J.P. Morgan Use Only Page 1 of 2 Banker/Investor 4/13 131 Confidential Treatment Requested by JPMorgan Chase JPM-SDNY-00062875 EFTA01583239