EFTA01375728.pdf

STANDARD OPTIONS AGREEMENT As a dent (eve or 'our) of Deutsche Bank Securities Inc you or 'your), we Eurcpean-style option is an option that may be exercised only on a specified hereby agree mutant to this agreement (Agreement') that in connection with any exercise date (or sr:peahen dale) or doing a speofied lime paned before the option transaction executed handled a endorsed by you on our behalf for the purchase expires. and (m) a capped °peon is an option that is automatically exercised or sale of puts. calls, a other forms of options for our account(s) prior to expiration if the mar ketplace on which the option trades deiemunes that the value of the underlying interest al a speared time has reached the I We will be bound by the conneubons, rules, regulations, custom and by-laves of 'cap price for the option. The Options Clearing Corporation f OCC), the Fmancial 'rickety Regulatory Authority. exchange markets and their respective clearing houses and we have 7 We hereby authonze you n your sole discretion and without pnor notification to recewed. read and understand the brochure entitled 'Charactenstics and Risks of us. should you deem rt necessary for your protecton to take such action, Standardized Options (the 'Risk Document') including. without limitation. the including, without limitation. to buy sell or sell short nsk. puls, purposes and asks associated with options, the secondary market n opbons and calls. or abet loans of options ander to buy, sell a sell shat any pan a all of the such rules regarding exercise and positions knits. and agree not 13 violate such underlying secunbes represented by options We will rernburse any and all Imre either alone or actlig in concert with others expenses, inducing, but not limited to reasonable attorneys' fees and disbursements, incurred by you n connection with such transactions 2 We agree to pay to you brokerage and commission charges as agreed upon between us and you. including without limitation, ticket and execution charges 8 You are under no obligation b convey to us any information relatng to the premiums on any option purchased by you on our behalf, any fees, fines, a other underlying securities covered by an option or any information relating to options charges imposed by any exchange. clearing organization. governmental agency. set Any information, advce or nobficabon m respect to any option or any underlying regulatory organization. or any court of competent junsdction on any amount opened securities that you may give us shall not be construed as creating an implied a transaction executed for us, the amount of any trading Ices that may result agreement or course of dealing between us and shall not impair the provisions of ham transactions executed by you on our behalf on your demand any debt this or any other agreement between us balance owing with respect to our secants), and interest on any such debit balances al the rates then charged by you, together with your costs and reasonable 9 Absent the written designation of an agent to transact business on our behalf attorneys' fees incurred in collecting any such debt balance, and any appIrcable (power of attorney) we alone make trading decisions relative to our accounts) taxes on any of the foregoing. however, unless we give specific instructions to the =tare you may exercise dsaelion in the selection of the exchange a market for the execution of options 3 We represent and warrant that (i) options tradmg is suitable fa in in light of our traded on more than one exchange a market mvesenent OSCWeS, financtai situation, needs, epeneece and knowledge (whether drectly a through air representaWes and ad visas), (o) we understand and 10 Al monies, seventies, or other property. together with, in each case, all proceeds admoveledge that options trading involves a high degree of risk (including of the sale thereof (property) represented by an entry on our accounts), or without limitation the risks described in the Rek Document): (m) we understand under your direction or any Abate acting as your agent in connection with that you are relying won these representations and warranties and the financial and this Agreement are hereby pledged to you and shat be subject to a ccntinung other information that we have provided or will provide to you, (iv) we are aware first hen and first pnouty perfected security interest ri you favor to secure SI of our that on certain trading days. trading may cease with a resident financial obligati:ins indebtedness and lobelias to you (whether actual or contingent) Except &advantage to itself. and (v) we are wiling and able to carry and bear all the as otherwise agreed by you, no part of the property shall be subject to, nor sisal fnanoal nsks attendant to options lading we create or purport to Male thereover, any pledge. hypothecations asegnment or any other form of security interest 4 We agree to. advise you promptly in writing of any material changes n air investment objectives, finanaal situation, assumption of rek, and background II. We consent to your use of automated systems or service bureaus in mammalian, or other mbrrnabon insofar as such changes relate to our suitability compaction with our accounes) including automated order entry and execution, km opeons transactions recackeeping reporting and nsk management (collectuely. 'Automated Systems') We understand that The use of Automated Systems entails risks, indudng, but not 5 In the event that we or oar clearing broker dispute or deny krodedge of a ended to. interniption of service, system or communications failure, delays in ',Inseam, or if our clearing broker does not for any reason accept a service, and errors in the design a fisictioning of such Automated Systems transaction executed by you and transmitted to the clearing broker (through the 0CC (collectively. a 'System Failure' ) that code cause substantial damages expense or a otherwise). then you sad. at your optco, be entitled to. (a) close out the iablity to us. YOU AND YOUR AFFILIATES MAKE NO REPRESENTATION OR transacbon by such sale, purchase, dsposal or other cancePalon transaction as WARRANTY CF AN Y KW, EXPRESS CR IMPLIED, WITH RESPECT TO TI-F you may determine. whether on the market. by private contract or any other SELECTION, DESIGN, FUNCTIONALITY, CPERATION, TITLE OR NON- appropriate method, (b) transfer our transactions to another dealing broker as INFFUNGEMENT OF ANY AUTOMATED SYSTEM, AND MAKE NO mstrucied by us; or (c) dear our transaction n accordance with your standard EXPRESS OR IM PLED WARRANTY Cf MERCHANTABILITY OR terms We will be solely respond* for any lees or losses associated with such FITNESS FOR A PARTICULAR PURPOSE, TITLE AND/CR NON INFRIN actions Where pracbcable you shall provide us with prior notice of such adorns. We GEMENT. SPECFCALLY DISCLAIM ANY IMPLIED WARRANTY WITH further understand that margin and other recearements exist in connection with RESPECT THERETO. WITHOUT LIMITING THE FOREGOING. YOU AND YOUR certain options and options transactions. We also hereby authonze and AFFLIATES EXPRESSLY DISCLAIM ANY REPRESENTATION THAT ANY instruct you, on our behalf to submit lo the CCC, tam time to tine. as you deem AUTOMATED SYSTEM WILL OPERATE UNINTERRUPTED OR BE ERROR. appropriate a advisable. in your sole discretion, instructions pursuant to 0CC Rule FRE E 611 to designate segregated long option poi tins held in your 0CC customer account for us to be released from segregation and netted with our offsetting t2 ebtwithstrencang anyttcg herein to the =Mary. you shall have no respanbity short option position in the same opts' series a lability to us hereunder (1) ri C0nneCb0n with the performance a non perberonce by any exchange. market. clearing aganizatico, cleenng firm or other 6 We understand the style of an option refers generally to when that option is third party (including banks) of its obligations in respect of any options a other exercisable. and that. speaficalhe (i) an Amencanttyle option is an option that may property of mine, (.) as a result of any recommendation or advice made or green by a be exercised on any regular business day pnor to its expiration. (i0 a representative of yours, *tether or not made or given at cur request, AUG15 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0071302 CONFIDENTIAL SDNY_GM_00217486 EFTA01375728