EFTA01583238.pdf

J.P.Morgan Exchange Traded Options Agreement S. Special Statement for Uncovered Options Writers (cont.) risks, has the financial capacity Uncovered options writing is thus suitable only for the knowledgeable Investor who understands the and the willingness to incur potentially substantial losses, and has sufficient liquid assets to meet applicable margin requirements. In underlying instrument moves against a writer's uncovered options position, J.P. Morgan Securities LLC this regard, if the value of the may request significant additional margin payments, and Morgan Securities IJ..0 may liquidate stock or options positions In the and/or straddle Investor's account with Ittle or no prior notice, in accordance with the investor's margin agreement. For combination where the investor writes both a put and a call on the same underlying instrument, the potential risk is unlimited. If a writing, and an option writer secondary market in options were to become unavailable, investors could not engage In dosing transactions, assigned an exercise would remain obligated until expiration assignment. The writer of an American-style option is subject to being European-style option Is subject at any time after he/she has written the option until the option expires. By contrast, the writer of a to exercise assignment only during the exercise (mined. C. Derivatives Approval Level Exchange Traded Options Date OCC booklet and supplements sent to client: Level 1: Covered writing Level 2: Buying Options EDEE-LTEEE mm d el y y y y Level 3: Spreads Level 5: Uncovered Writing Level 6. Combinations/Straddles D. Pre-Dispute Arbitration and Acknowledgment level as Indicated above; (2) I have received a By signing this Agreement, I acknowledge that: (1) I requested the options approval and it n expected that I will read the booklet; (3) I copy of the booklet entitled, 'Characteristics and Risks of Standardized Options,' and the 'Special Statement for Uncovered have reviewed the special statement for uncovered options writers above; (4) the booklet above, are not intended to enumerate all of the risks entailed in writing uncovered options; (5) I shall promptly advise 1.P. Writers,' options investment objealves; and (6) Morgan Securities LLC, in writing, of any material changes In my nnandai drcurristances and to arbitrate any controversies 11 on pages i and 2 of this form, I am agreeing In advance In accordance with paragraph LLC ity_tiocdunts with J.P. Morgan Securities that may arise in connection with me and E. Client Signatu (AN aitrequked-to sign below) JEFFREY E. EPSTEIN (O1.3O 113 Ez) Signattat Date Name (print) Date Name (print) Signature Sgnature Date Name (print) Signature Date Name (point) 3.P. Morgan Use Only and finandal Approvals: I have reviewed the client's suitability profile, Including; investment objectives, Investment experience condition, and agree that the options level indicated abyxe,is appropriate for the calent. Date 3PM RR Signature 1PM ROSFP Signature Date Date JPM S-ROSFP Signature (Exchange Traded Options levels 6 L 6) J.P. Morgan Use Only Title $PN CAS Page 3 or 3 alificgalifelter 3/13 US1622 Confidential Treatment Requested by JPMorgan Chase JPM-SDNY-00062874 EFTA01583238