Common use of Assignment Termination Clause in Contracts

Assignment Termination. This Agreement may not be assigned or transferred in any manner by any party without the consent of all parties receiving or rendering services hereunder; provided that LPL, FutureAdvisor, and Advisor may assign this Agreement upon consent of Client in accordance with the Investment Advisers Act of 1940, as amended (the “Advisers Act”). This Agreement may be terminated by any party effective upon receipt of written notice, delivered in accordance with the provisions of Section 19, to the other parties or by Client calling the operational support desk at such phone number posted on the Investor Portal (“Termination Date”). In the event that Client’s country of residence or citizenship changes, such notification to LPL as required under Section 4 above may result in termination of his or her account by LPL if LPL does not service accounts in the new jurisdiction. In addition, if Client revokes his or her consent to electronic delivery of Communication under Section 19 below, such revocation will be deemed to be a notice from Client to terminate his or her account. If LPL has not received from Client all required forms in good order within 45 days from the day Client submits its Account Application, LPL will discard the Account Application and terminate the Account immediately. In addition, if Client’s Account has not reached the minimum acceptable value of $5,000 within 45 days of submission of all required forms in good order, LPL will terminate the Account immediately. Inception begins when all documents are received in good order and Account value is equal to or greater than $5,000. In the event there are any amounts to be disbursed from the Account, (i) with respect to any non-Retirement Account, the Account will be liquidated and a check will be disbursed to the Account address of record; or (ii) with respect to any Retirement Account, the Account will be deactivated. In a deactivated account, no advisory fees are charged, and LPL, FutureAdvisor, and Advisor have no responsibility to provide ongoing investment advice. If Client funded all or a portion of the Account with Legacy Securities, the Account will remain in a pending status but will not be actively managed by LPL, Advisor or FutureAdvisor until such time as the Account holds at least $5,000 in cash. If the Account value falls below $4,000 as a result of Client withdrawals or otherwise, the Account will be terminated 30 days from the date the Account value first fell below $4,000 if the value of the Account remains below $4,000 at the end of the 30-day window. Withdrawals from the Account may be made to the extent that the Account value does not fall below $5,000. Withdrawal requests for Accounts with a value of $5,000 or less will result in Account termination. Once terminated, an Account cannot be reinstated, and it will no longer trade. In the event there are any amounts to be disbursed from the Account, LPL will deliver securities and funds held in the Account as instructed by Client unless Client requests that the Account be liquidated. LPL will initiate instructions to deliver funds and/or securities within two weeks of Client’s written request. Client will be entitled to a prorated refund of any pre-paid quarterly Account Fee based upon the number of days remaining in the quarter after the Termination Date. Advisor will be responsible for refunding any portion of the Account Fee remitted to Advisor by LPL. If the Account is closed within the first six months by Client or as a result of withdrawals which bring the Account value below the required minimum value of $5,000, LPL reserves the right to retain the pre-paid quarterly Account Fee for the current quarter in order to cover the administrative cost of establishing the Account which may include costs to transfer positions into and out of the Account, data entry costs to open the Account, costs associated with reconciling of positions in order to issue performance information, and the cost of re-registering positions. In the case of an Account held by an individual, this Agreement shall terminate upon death of Client; provided, however, that LPL’s, Advisor’s and FutureAdvisor’s authority under this Agreement shall remain in full force and effect until such time as LPL has been notified otherwise in writing by the authorized representative of Client or Client’s estate. Termination of the Agreement will not affect the liabilities or obligations of the parties in respect of transactions initiated prior to termination.

Assignment Termination. This Agreement may not be assigned or transferred in any manner by any party without the consent of all parties receiving or rendering services hereunder; provided that LPL, FutureAdvisor, LPL and Advisor FutureAdvisor may assign this Agreement upon consent of Client in accordance with the Investment Advisers Act of 1940, as amended (the “Advisers Act”). This Agreement may be terminated by any party effective upon receipt of written notice, delivered in accordance with the provisions of Section 1918, to the other parties or by Client calling the operational support desk at such phone number posted on the Investor Portal (“Termination Date”). In the event that Client’s country of residence Client is no longer a U.S. resident or citizenship changesU.S. citizen, such notification to LPL as required under Section 4 above may result in termination of will be deemed a notice from Client to terminate his or her account by LPL if LPL does not service accounts in the new jurisdictionaccount. In addition, if Client revokes his or her consent to electronic delivery of Communication under Section 19 below, such revocation will be deemed to be a notice from Client to terminate his or her account. If LPL has not received from Client all required forms in good order within 45 days from the day Client submits its Account Application, LPL will discard the Account Application and terminate the Account immediately. In addition, if Client’s Account has not reached the minimum acceptable value of $5,000 within 45 days of submission of all required forms in good order, LPL will terminate the Account immediately. Inception begins when all documents are received in good order and Account value is equal to or greater than $5,000. In the event there are any amounts to be disbursed from the Account, (i) with respect to any non-Retirement XXX Account, the Account will be liquidated and a check will be disbursed to the Account address of record; or (ii) with respect to any Retirement XXX Account, the Account will be deactivated. In converted to a deactivated account, no advisory fees are charged, and brokerage account at LPL, FutureAdvisor, and Advisor have no responsibility to provide ongoing investment advice. If Client funded all or a portion of the Account with Legacy Securities, the Account will remain in a pending status but will not be actively managed by LPL, Advisor or FutureAdvisor until such time as the Account holds at least $5,000 in cash. If the Account value falls below $4,000 as a result of Client withdrawals or otherwise, the Account will be terminated 30 days from the date the Account value first fell below $4,000 if the value of the Account remains below $4,000 at the end of the 30-30- day window. Withdrawals from the Account may be made to the extent that the Account value does not fall below $5,000. Withdrawal requests for Accounts with a value of $5,000 or less will result in Account termination. Once terminated, an Account cannot be reinstated, and it will no longer trade. In the event there are any amounts to be disbursed from the Account, LPL will deliver securities and funds held in the Account as instructed by Client unless Client requests that the Account be liquidated. LPL will initiate instructions to deliver funds and/or securities within two weeks of Client’s written request. Client will be entitled to a prorated refund of any pre-paid quarterly Account Fee based upon the number of days remaining in the quarter after the Termination Date. Advisor will be responsible for refunding any portion of the Account Fee remitted to Advisor by LPL. If the Account is closed within the first six months by Client or as a result of withdrawals which bring the Account value below the required minimum value of $5,000, LPL reserves the right to retain the pre-paid quarterly Account Fee for the current quarter in order to cover the administrative cost of establishing the Account which may include costs to transfer positions into and out of the Account, data entry costs to open the Account, costs associated with reconciling of positions in order to issue quarterly performance information, and the cost of re-registering positions. In the case of an Account held by an individual, this Agreement shall terminate upon death of Client; provided, however, that LPL’s, Advisor’s and FutureAdvisor’s authority under this Agreement shall remain in full force and effect until such time as LPL has been notified otherwise in writing by the authorized representative of Client or Client’s estate. Termination of the Agreement will not affect the liabilities or obligations of the parties in respect of transactions initiated prior to termination.

Assignment Termination. This Agreement may not be assigned or transferred in any manner by any party without the consent of all parties receiving or rendering services hereunder; provided that LPL, FutureAdvisor, LPL and Advisor FutureAdvisor may assign this Agreement upon consent of Client in accordance with the Investment Advisers Act of 1940, as amended (the “Advisers Act”). This Agreement may be terminated by any party effective upon receipt of written notice, delivered in accordance with the provisions of Section 19, to the other parties or by Client calling the operational support desk at such phone number posted on the Investor Portal (“Termination Date”). In the event that Client’s country of residence or citizenship changes, such notification to LPL as required under Section 4 above may result in termination of his or her account by LPL if LPL does not service accounts in the new jurisdiction. In addition, if Client revokes his or her consent to electronic delivery of Communication under Section 19 below, such revocation will be deemed to be a notice from Client to terminate his or her account. If LPL has not received from Client all required forms in good order within 45 days from the day Client submits its Account Application, LPL will discard the Account Application and terminate the Account immediately. In addition, if Client’s Account has not reached the minimum acceptable value of $5,000 within 45 days of submission of all required forms in good order, LPL will terminate the Account immediately. Inception begins when all documents are received in good order and Account value is equal to or greater than $5,000. In the event there are any amounts to be disbursed from the Account, (i) with respect to any non-Retirement Account, the Account will be liquidated and a check will be disbursed to the Account address of record; or (ii) with respect to any Retirement Account, the Account will be deactivated. In converted to a deactivated account, no advisory fees are charged, and brokerage account at LPL, FutureAdvisor, and Advisor have no responsibility to provide ongoing investment advice. If Client funded all or a portion of the Account with Legacy Securities, the Account will remain in a pending status but will not be actively managed by LPL, Advisor or FutureAdvisor until such time as the Account holds at least $5,000 in cash. If the Account value falls below $4,000 as a result of Client withdrawals or otherwise, the Account will be terminated 30 days from the date the Account value first fell below $4,000 if the value of the Account remains below $4,000 at the end of the 30-day window. Withdrawals from the Account may be made to the extent that the Account value does not fall below $5,000. Withdrawal requests for Accounts with a value of $5,000 or less will result in Account termination. Once terminated, an Account cannot be reinstated, and it will no longer trade. In the event there are any amounts to be disbursed from the Account, LPL will deliver securities and funds held in the Account as instructed by Client unless Client requests that the Account be liquidated. LPL will initiate instructions to deliver funds and/or securities within two weeks of Client’s written request. Client will be entitled to a prorated refund of any pre-paid quarterly Account Fee based upon the number of days remaining in the quarter after the Termination Date. Advisor will be responsible for refunding any portion of the Account Fee remitted to Advisor by LPL. If the Account is closed within the first six months by Client or as a result of withdrawals which bring the Account value below the required minimum value of $5,000, LPL reserves the right to retain the pre-paid quarterly Account Fee for the current quarter in order to cover the administrative cost of establishing the Account which may include costs to transfer positions into and out of the Account, data entry costs to open the Account, costs associated with reconciling of positions in order to issue quarterly performance information, and the cost of re-registering positions. In the case of an Account held by an individual, this Agreement shall terminate upon death of Client; provided, however, that LPL’s, Advisor’s and FutureAdvisor’s authority under this Agreement shall remain in full force and effect until such time as LPL has been notified otherwise in writing by the authorized representative of Client or Client’s estate. Termination of the Agreement will not affect the liabilities or obligations of the parties in respect of transactions initiated prior to termination.

Assignment Termination. This Agreement may not be assigned or transferred in any manner by any party without the consent of all parties receiving or rendering services hereunder; provided that LPL, FutureAdvisor, LPL and Advisor FutureAdvisor may assign this Agreement upon consent of Client in accordance with the Investment Advisers Act of 1940, as amended (the “Advisers Act”). This Agreement may be terminated by any party effective upon receipt of written notice, delivered in accordance with the provisions of Section 19, to the other parties or by Client calling the operational support desk at such phone number posted on the Investor Portal (“Termination Date”). In the event that Client’s country of residence or citizenship changes, such notification to LPL as required under Section 4 above may result in termination of his or her account by LPL if LPL does not service accounts in the new jurisdiction. In addition, if Client revokes his or her consent to electronic delivery of Communication under Section 19 below, such revocation will be deemed to be a notice from Client to terminate his or her account. If LPL has not received from Client all required forms in good order within 45 days from the day Client submits its Account Application, LPL will discard the Account Application and terminate the Account immediately. In addition, if Client’s Account has not reached the minimum acceptable value of $5,000 within 45 days of submission of all required forms in good order, LPL will terminate the Account immediately. Inception begins when all documents are received in good order and Account value is equal to or greater than $5,000. In the event there are any amounts to be disbursed from the Account, (i) with respect to any non-Retirement Account, the Account will be liquidated and a check will be disbursed to the Account address of record; or (ii) with respect to any Retirement Account, the Account will be deactivated. In converted to a deactivated account, no advisory fees are charged, and brokerage account at LPL, FutureAdvisor, and Advisor have no responsibility to provide ongoing investment advice. If Client funded all or a portion of the Account with Legacy Securities, the Account will remain in a pending status but will not be actively managed by LPL, Advisor or FutureAdvisor until such time as the Account holds at least $5,000 in cash. If the Account value falls below $4,000 as a result of Client withdrawals or otherwise, the Account will be terminated 30 days from the date the Account value first fell below $4,000 if the value of the Account remains below $4,000 at the end of the 30-30- day window. Withdrawals from the Account may be made to the extent that the Account value does not fall below $5,000. Withdrawal requests for Accounts with a value of $5,000 or less will result in Account termination. Once terminated, an Account cannot be reinstated, and it will no longer trade. In the event there are any amounts to be disbursed from the Account, LPL will deliver securities and funds held in the Account as instructed by Client unless Client requests that the Account be liquidated. LPL will initiate instructions to deliver funds and/or securities within two weeks of Client’s written request. Client will be entitled to a prorated refund of any pre-paid quarterly Account Fee based upon the number of days remaining in the quarter after the Termination Date. Advisor will be responsible for refunding any portion of the Account Fee remitted to Advisor by LPL. If the Account is closed within the first six months by Client or as a result of withdrawals which bring the Account value below the required minimum value of $5,000, LPL reserves the right to retain the pre-paid quarterly Account Fee for the current quarter in order to cover the administrative cost of establishing the Account which may include costs to transfer positions into and out of the Account, data entry costs to open the Account, costs associated with reconciling of positions in order to issue quarterly performance information, and the cost of re-registering positions. In the case of an Account held by an individual, this Agreement shall terminate upon death of Client; provided, however, that LPL’s, Advisor’s and FutureAdvisor’s authority under this Agreement shall remain in full force and effect until such time as LPL has been notified otherwise in writing by the authorized representative of Client or Client’s estate. Termination of the Agreement will not affect the liabilities or obligations of the parties in respect of transactions initiated prior to termination.

Assignment Termination. This Agreement may not be assigned or transferred in any manner by any party without the consent of all parties receiving or rendering services hereunder; provided that LPL, FutureAdvisor, and Advisor may assign this Agreement upon consent of Client in accordance with the Investment Advisers Act of 1940, as amended (the “Advisers Act”). This Agreement may be terminated by any party effective upon receipt of written notice, delivered in accordance with the provisions of Section 1918, to the other parties or by Client calling the operational support desk at such phone number posted on the Investor Portal Account View (“Termination Date”). In the event that Client’s country of residence or citizenship changes, such notification to LPL as required under Section 4 above may result in termination of his or her account by LPL if LPL does not service accounts in the new jurisdiction. In addition, if Client revokes his or her consent to electronic delivery of Communication under Section 19 18 below, such revocation will be deemed to be a notice from Client to terminate his or her account. If LPL has not received from Client all required forms in good order within 45 days from the day Client submits its Account Application, LPL will discard the Account Application and terminate the Account immediately. In addition, if Client’s Account has not reached the minimum acceptable value of $5,000 within 45 days of submission of all required forms in good order, LPL will terminate the Account immediately. Inception begins when all documents are received in good order and Account value is equal to or greater than $5,000. In the event there are any amounts to be disbursed from the Account, (i) with respect to any non-Retirement Account, the Account will be liquidated and a check will be disbursed to the Account address of record; or (ii) with respect to any Retirement Account, the Account will be deactivated. In a deactivated account, no advisory fees are charged, and LPL, FutureAdvisor, LPL and Advisor have no responsibility to provide ongoing investment advice. If Client funded all or a portion of the Account with Legacy Securities, the Account will remain in a pending status but will not be actively managed by LPL, Advisor or FutureAdvisor until such time as the Account holds at least $5,000 in cash. If the Account value falls below $4,000 as a result of Client withdrawals or otherwise, the Account will be terminated deactivated (as described immediately above) 30 days from the date the Account value first fell below $4,000 if the value of the Account remains below $4,000 at the end of the 30-day window. Withdrawals from the Account may be made to the extent that the Account value does not fall below $5,000. Withdrawal requests for Accounts with a value of $5,000 or less will result in Account termination. Once terminated, an Account cannot be reinstated, and it will no longer trade. In the event there are any amounts to be disbursed from the Account, LPL will deliver securities and funds held in the Account as instructed by Client unless Client requests that the Account be liquidated. LPL will initiate instructions to deliver funds and/or securities within two weeks of Client’s written requestdeactivation. Client will be entitled to a prorated refund of any pre-paid quarterly Account Fee based upon the number of days remaining in the quarter after the Termination Date. Advisor will be responsible for refunding any portion of the Account Fee remitted to Advisor by LPL. If the Account is closed within the first six months by Client or as a result of withdrawals which bring the Account value below the required minimum value of $5,000, LPL reserves the right to retain the pre-paid quarterly Account Fee for the current quarter in order to cover the administrative cost of establishing the Account which may include costs to transfer positions into and out of the Account, data entry costs to open the Account, costs associated with reconciling of positions in order to issue performance information, and the cost of re-registering positions. In the case of an Account held by an individual, this Agreement shall terminate upon death of Client; provided, however, that LPL’s, Advisor’s and FutureAdvisorAdvisor’s authority under this Agreement shall remain in full force and effect until such time as LPL has been notified otherwise in writing by the authorized representative of Client or Client’s estate. Termination of the Agreement will not affect the liabilities or obligations of the parties in respect of transactions initiated prior to termination.

Assignment Termination. This Agreement may not be assigned or transferred in any manner by any party without the consent of all parties receiving or rendering services hereunder; provided that LPL, FutureAdvisor, and Advisor LPL may assign this Agreement upon consent of Client in accordance with the Investment Advisers Act of 1940, as amended (the “Advisers Act”). In addition, LPL may add or replace the IAR servicing the Account without Client consent. This Agreement may be terminated by any party effective upon receipt of written notice, delivered in accordance with the provisions of Section 1918, to the other parties or by Client calling the operational support desk at such phone number posted on the Investor Portal Account View (“Termination Date”). In the event that Client’s country of residence or citizenship changes, such notification to LPL as required under Section 4 above may result in termination of his or her account by LPL if LPL does not service accounts in the new jurisdiction. In addition, if Client revokes his or her consent to electronic delivery of Communication under Section 19 18 below, such revocation will be deemed to be a notice from Client to terminate his or her account. If LPL has not received from Client all required forms in good order within 45 days from the day Client submits its Account Application, LPL will discard the Account Application and terminate the Account immediately. In addition, if Client’s Account has not reached the minimum acceptable value of $5,000 within 45 days of submission of all required forms in good order, LPL will terminate the Account immediately. Inception begins when all documents are received in good order and Account value is equal to or greater than $5,000. In the event there are any amounts to be disbursed from the Account, (i) with respect to any non-Retirement Account, the Account will be liquidated and a check will be disbursed to the Account address of record; or (ii) with respect to any Retirement Account, the Account will be deactivated. In a deactivated account, no advisory fees are charged, and LPL, FutureAdvisor, LPL and Advisor IAR have no responsibility to provide ongoing investment advice. If Client funded all or a portion of the Account with Legacy Securities, the Account will remain in a pending status but will not be actively managed by LPL, Advisor or FutureAdvisor until such time as the Account holds at least $5,000 in cash. If the Account value falls below $4,000 as a result of Client withdrawals or otherwise, the Account will be terminated deactivated (as described immediately above) 30 days from the date the Account value first fell below $4,000 if the value of the Account remains below $4,000 at the end of the 30-day window. Withdrawals from the Account may be made to the extent that the Account value does not fall below $5,000. Withdrawal requests for Accounts with a value of $5,000 or less will result in Account termination. Once terminated, an Account cannot be reinstated, and it will no longer trade. In the event there are any amounts to be disbursed from the Account, LPL will deliver securities and funds held in the Account as instructed by Client unless Client requests that the Account be liquidated. LPL will initiate instructions to deliver funds and/or securities within two weeks of Client’s written requestdeactivation. Client will be entitled to a prorated refund of any pre-paid quarterly Account Fee based upon the number of days remaining in the quarter after the Termination Date. Advisor will be responsible for refunding any portion of the Account Fee remitted to Advisor by LPL. If the Account is closed within the first six months by Client or as a result of withdrawals which bring the Account value below the required minimum value of $5,000, LPL reserves the right to retain the pre-paid quarterly Account Fee for the current quarter in order to cover the administrative cost of establishing the Account which may include costs to transfer positions into and out of the Account, data entry costs to open the Account, costs associated with reconciling of positions in order to issue performance information, and the cost of re-registering positions. In the case of an Account held by an individual, this Agreement shall terminate upon death of Client; provided, however, that LPL’s, Advisor’s and FutureAdvisor’s authority under this Agreement shall remain in full force and effect until such time as LPL has been notified otherwise in writing by the authorized representative of Client or Client’s estate. Termination of the Agreement will not affect the liabilities or obligations of the parties in respect of transactions initiated prior to termination.

Assignment Termination. This Agreement may not be assigned or transferred in any manner by any party without the consent of all parties receiving or rendering services hereunder; provided that LPL, FutureAdvisor, LPL and Advisor FutureAdvisor may assign this Agreement upon consent of Client in accordance with the Investment Advisers Act of 1940, as amended (the “Advisers Act”). LPL may assign a substitute IAR to service the Account without consent under certain circumstances, including but not limited to, in the event of termination or retirement of an IAR who provides advisory services hereunder on the premises of a bank or credit union. This Agreement may be terminated by any party effective upon receipt of written notice, delivered in accordance with the provisions of Section 1918, to the other parties or by Client calling the operational support desk at such phone number posted on the Investor Portal (“Termination Date”). In the event that Client’s country of residence or citizenship changes, such notification to LPL as required under Section 4 above may result in termination of his or her account by LPL under Section 9 below if LPL does not service accounts in the new jurisdiction. In addition, if Client revokes his or her consent to electronic delivery of Communication under Section 19 below, such revocation will be deemed to be a notice from Client to terminate his or her account. If LPL has not received from Client all required forms in good order within 45 days from the day Client submits its Account Application, LPL will discard the Account Application and terminate the Account immediately. In addition, if Client’s Account has not reached the minimum acceptable value of $5,000 within 45 days of submission of all required forms in good order, LPL will terminate the Account immediately. Inception begins when all documents are received in good order and Account value is equal to or greater than $5,000. In the event there are any amounts to be disbursed from the Account, (i) with respect to any non-Retirement IRA Account, the Account will be liquidated and a check will be disbursed to the Account address of record; or (ii) with respect to any Retirement IRA Account, the Account will be deactivated. In converted to a deactivated account, no advisory fees are charged, and brokerage account at LPL, FutureAdvisor, and Advisor have no responsibility to provide ongoing investment advice. If Client funded all or a portion of the Account with Legacy Securities, the Account will remain in a pending status but will not be actively managed by LPL, Advisor IAR or FutureAdvisor until such time as the Account holds at least $5,000 in cash. If the Account value falls below $4,000 as a result of Client withdrawals or otherwise, the Account will be terminated 30 days from the date the Account value first fell below $4,000 if the value of the Account remains below $4,000 at the end of the 30-30- day window. Withdrawals from the Account may be made to the extent that the Account value does not fall below $5,000. Withdrawal requests for Accounts with a value of $5,000 or less will result in Account termination. Once terminated, an Account cannot be reinstated, and it will no longer trade. In the event there are any amounts to be disbursed from the Account, LPL will deliver securities and funds held in the Account as instructed by Client unless Client requests that the Account be liquidated. LPL will initiate instructions to deliver funds and/or securities within two weeks of Client’s written request. Client will be entitled to a prorated refund of any pre-paid quarterly Account Fee based upon the number of days remaining in the quarter after the Termination Date. Advisor will be responsible for refunding any portion of the Account Fee remitted to Advisor by LPL. If the Account is closed within the first six months by Client or as a result of withdrawals which bring the Account value below the required minimum value of $5,000, LPL reserves the right to retain the pre-paid quarterly Account Fee for the current quarter in order to cover the administrative cost of establishing the Account which may include costs to transfer positions into and out of the Account, data entry costs to open the Account, costs associated with reconciling of positions in order to issue quarterly performance information, and the cost of re-registering positions. In the case of an Account held by an individual, this Agreement shall terminate upon death of Client; provided, however, that LPL’s, Advisor’s and FutureAdvisor’s authority under this Agreement shall remain in full force and effect until such time as LPL has been notified otherwise in writing by the authorized representative of Client or Client’s estate. Termination of the Agreement will not affect the liabilities or obligations of the parties in respect of transactions initiated prior to termination.