Common use of Advisory Services and Trading Authorization Clause in Contracts

Advisory Services and Trading Authorization. In connection with opening and maintaining the Account Client has contracted with Betterment for the provision of investment advisory services and has authorized Betterment to place orders with Betterment Securities to buy, sell, or exchange securities or other products for the Account in accordance with the Plan. Betterment Securities will have no responsibility or liability for any advice, recommendation, or order placement by Betterment. Without limiting any other provision of this Brokerage Agreement, Client understands and agrees that as among Client, Betterment, and Betterment Securities: i. Client has selected Betterment based on criteria that Client deems appropriate for Client’s investment needs. Betterment Securities has offered no advice to Client concerning the selection of Betterment as Investment Advisor and Client will not hold Betterment Securities responsible for the decision to hire Betterment. ii. The Account is non-discretionary, and Betterment Securities is authorized to accept and act only upon the instructions of Betterment with respect to the Account in accordance with this Brokerage Agreement. This authorization shall be applicable to all Assets Client holds in the Account. iii. Betterment closely cooperates with Betterment Securities. iv. Client shall indemnify and hold harmless Betterment Securities, its directors, employees, agents, and affiliates from and against any and all Losses, claims, or financial obligations that may arise from any act or omission of Betterment with respect to the Account.

Advisory Services and Trading Authorization. In connection with opening and maintaining the Account Account, Client has contracted with Advisor and Betterment independently for the provision of investment advisory services and has authorized Betterment to place orders with Betterment Securities to buy, sell, or exchange securities or other products for the Account in accordance with the PlanIPS. Betterment Securities will have no responsibility or liability for any advice, recommendation, or order placement by Advisor or Betterment. Without limiting any other provision of this Brokerage Agreement, Client understands and agrees that as among Client, Betterment, and Betterment Securities, and Advisor: i. Client has selected Betterment and Advisor based on criteria that Client deems appropriate for Client’s investment needs. Betterment Securities has offered no advice to Client concerning the selection of Advisor or Betterment as Investment Advisor investment advisor and Client will not hold Betterment Securities responsible for the decision to hire BettermentAdvisor or Betterment as investment advisor. ii. The Account is non-discretionary, and Betterment Securities is authorized to accept and act only upon the instructions of Betterment with respect to the Account in accordance with this Brokerage Agreement. This authorization shall be applicable to all Assets Client holds in the Account, and only those Assets. iii. Betterment closely cooperates with Betterment Securities. iv. Betterment Securities has no responsibility and will not participate in or in any way review, monitor, or supervise the suitability or frequency of the investment or trading activity in the Account. Advisor and/or Betterment have collected from Client such information as is required for Advisor and/or Betterment to determine the suitability of Client’s investment or trading activity. v. Client shall indemnify and hold harmless Betterment Securities, its directors, employees, agents, and affiliates from and against any and all Losses, claims, or financial obligations that may arise from any act or omission of Advisor or Betterment with respect to the Account.