Common use of Brokerage, Custody and Execution Services; Dividends and Distributions Clause in Contracts

Brokerage, Custody and Execution Services; Dividends and Distributions. A. Custody of Securities AEIS will act as custodian of SPS Advantage Accounts and will provide custody and safekeeping services for your Account assets. Sponsor will not take possession of any assets, except to the extent otherwise provided by you in a written notice to Sponsor. B. Execution Services You authorize Sponsor, as introducing broker, to effect purchase and sale transactions in your Account on an agency basis through AEIS. You understand that the negotiated Wrap Fee for each Account covers brokerage commissions on transactions effected on an agency basis by Sponsor through AEIS. You understand and acknowledge that your direction to Sponsor to trade through AEIS may result in less advantageous execution, including greater spreads (the difference between the bid and the offer price) and less favorable net prices, than if an unaffiliated broker-dealer were to execute the transaction. C. Transaction Procedures Sponsor will generally effect all securities transactions as your agent. AEIS provides execution and clearing capabilities as clearing broker for Sponsor. Sponsor and AEIS have an agreement in which Sponsor introduces customer accounts to AEIS on a fully disclosed basis. Sponsor opens, approves, and monitors accounts and accepts securities orders. AEIS provides execution, recordkeeping, and all other clearing functions for Managed Accounts. Sponsor places all orders on a D. Dividends/Interest and Distributions Dividends and distributions received on your investments held in your Account may be reinvested, where allowed, if selected by you. Where reinvestment is not allowed or selected, your dividends and distributions will be deposited into your Sweep Program. E. Margin If Sponsor has approved your Account for margin trading, you may be required to deposit additional

Brokerage, Custody and Execution Services; Dividends and Distributions. A. Custody of Securities Securities: AEIS will act as custodian of SPS Advantage Accounts the Program and will provide custody and safekeeping services for your Account assets. Sponsor will not take possession of any assets, except to the extent otherwise provided by you in a written notice to Sponsor. B. Execution Services Services: You authorize Sponsor, as introducing broker, to effect purchase and sale transactions in your Account on an agency basis through AEIS. You understand that the negotiated Wrap Fee for each Account covers brokerage commissions on transactions effected on an agency basis by Sponsor through AEIS. You understand and acknowledge that your direction to Sponsor to trade through AEIS may result in less advantageous execution, including greater spreads (the difference between the bid and the offer price) and less favorable net prices, than if an unaffiliated broker-dealer were to execute the transaction. C. Transaction Procedures Procedures: Sponsor will generally effect all securities transactions as your agent. AEIS provides execution and clearing capabilities as clearing broker for Sponsor. Sponsor and AEIS have an agreement in which Sponsor introduces customer accounts to AEIS on a fully disclosed basis. Sponsor opens, approves, and monitors accounts and accepts securities orders. AEIS provides execution, recordkeeping, and all other clearing functions for Managed Accounts. Sponsor places all orders on aa “best efforts” basis. Sponsor will not accept any liability or responsibility for orders not executed or accepted because of failure of a communication system, including the mail or other methods of transmitting instructions through vehicles of interstate commerce. D. Dividends/Interest and Distributions Dividends and distributions Distributions: Generally, all mutual fund dividends received on your investments held in your Account may will be reinvested, where allowed, if selected by unless Sponsor and you agree to have such income deposited into another Ameriprise account or distributed directly to you. Where reinvestment is Equity dividends cannot allowed or selected, your dividends and distributions be reinvested; they will be deposited into your Sweep Program. If you do not direct Sponsor to distribute the dividends to another account the dividends will be reinvested at the direction of Envestnet and/or the Envestnet Managers. E. Margin: Margin If Sponsor has approved your is not available in the Access Account for margin trading, you may be required to deposit additionalProgram.

Brokerage, Custody and Execution Services; Dividends and Distributions. A. Custody of Securities AEIS will act as custodian of SPS Advantage Accounts and will provide custody and safekeeping services for your Account assets. Sponsor will not take possession of any assets, except to the extent otherwise provided by you in a written notice to Sponsor. B. Execution Services You authorize Sponsor, as introducing broker, to effect purchase and sale transactions in your Account on an agency basis through AEIS. You understand that the negotiated Wrap Fee for each Account covers brokerage commissions on transactions effected on an agency basis by Sponsor through AEIS. You understand and acknowledge that your direction to Sponsor to trade through AEIS may result in less advantageous execution, including greater spreads (the difference between the bid and the offer price) and less favorable net prices, than if an unaffiliated broker-dealer were to execute the transaction. C. Transaction Procedures Sponsor will generally effect all securities transactions as your agent. AEIS provides execution and clearing capabilities as clearing broker for Sponsor. Sponsor and AEIS have an agreement in which Sponsor introduces customer accounts to AEIS on a fully disclosed basis. Sponsor opens, approves, and monitors accounts and accepts securities orders. AEIS provides execution, recordkeeping, and all other clearing functions for Managed Accounts. Sponsor places all orders on a D. Dividends/Interest and Distributions Dividends and distributions received on your investments held in your Account may be reinvested, where allowed, if selected by you. Where reinvestment is not allowed or selected, your dividends and distributions will be deposited into your Sweep Program. E. Margin If Sponsor has approved your Account for margin trading, you may be required to deposit additional

Brokerage, Custody and Execution Services; Dividends and Distributions. A. Custody of Securities AEIS will act as custodian of SPS Advantage Accounts and will provide custody and safekeeping services for your Account assets. Sponsor will not take possession of any assets, except to the extent otherwise provided by you in a written notice to Sponsor. B. Execution Services You authorize Sponsor, as introducing broker, to effect purchase and sale transactions in your Account on an agency basis through AEIS. You understand that the negotiated Wrap Fee for each Account covers brokerage commissions on transactions effected on an agency basis by Sponsor through AEIS. You understand and acknowledge that your direction to Sponsor to trade through AEIS may result in less advantageous execution, including greater spreads (the difference between the bid and the offer price) and less favorable net prices, than if an unaffiliated broker-dealer were to execute the transaction. C. Transaction Procedures Sponsor will generally effect all securities transactions as your agent. AEIS provides execution and clearing capabilities as clearing broker for Sponsor. Sponsor and AEIS have an agreement in which Sponsor introduces customer accounts to AEIS on a fully disclosed basis. Sponsor opens, approves, and monitors accounts and accepts securities orders. AEIS provides execution, recordkeeping, and all other clearing functions for Managed Accounts. Sponsor places all orders on amonitors D. Dividends/Interest and Distributions Dividends and distributions received on your investments held in your Account may be reinvested, where allowed, if selected by you. Where reinvestment is not allowed or selected, your dividends and distributions will be deposited into your Sweep Program. E. Margin If Sponsor has approved your Account for margin trading, you may be required to deposit additional

Brokerage, Custody and Execution Services; Dividends and Distributions. A. Custody of Securities Securities: AEIS will act as custodian of SPS Advantage Accounts the Program and will provide custody and safekeeping services for your Account assets. Sponsor will not take possession of any assets, except to the extent otherwise provided by you in a written notice to Sponsor. B. Execution Services Services: You authorize Sponsor, as introducing broker, to effect purchase and sale transactions in your Account on an agency basis through AEIS. You understand that the negotiated Wrap Fee for each Account covers brokerage commissions on transactions effected on an agency basis by Sponsor through AEIS. You understand and acknowledge that your direction to Sponsor to trade through AEIS may result in less advantageous execution, including greater spreads (the difference between the bid and the offer price) and less favorable net prices, than if an unaffiliated broker-dealer were to execute the transaction. C. Transaction Procedures Procedures: Sponsor will generally effect all securities transactions as your agent. AEIS provides execution and clearing capabilities as clearing broker for Sponsor. Sponsor and AEIS have an agreement in which Sponsor introduces customer accounts to AEIS on a fully disclosed basis. Sponsor opens, approves, and monitors accounts and accepts securities orders. AEIS provides execution, recordkeeping, and all other clearing functions for Managed Accounts. Sponsor places all orders on aa “best efforts” basis. Sponsor will not accept any liability or responsibility for orders not executed or accepted because of failure of a communication system, including the mail or other methods of transmitting instructions through vehicles of interstate commerce. D. Dividends/Interest and Distributions Dividends and distributions Distributions: Generally, all mutual fund dividends received on your investments held in your Account may will be reinvested, where allowed, if selected by unless Sponsor and you agree to have such income deposited into another Ameriprise account or distributed directly to you. Where reinvestment is Equity dividends cannot allowed or selected, your dividends and distributions be reinvested; they will be deposited into your Sweep Program. If you do not direct Sponsor to distribute the dividends to another account the dividends will be reinvested at the direction of Envestnet and/or the Envestnet Managers. E. Margin If Sponsor has approved your Account for margin trading, you may be required to deposit additional

Brokerage, Custody and Execution Services; Dividends and Distributions. A. Custody of Securities Securities: AEIS will act as custodian of SPS Advantage Accounts the Program and will provide custody and safekeeping services for your Account assets. Sponsor will not take possession of any assets, except to the extent otherwise provided by you in a written notice to Sponsor. B. Execution Services Services: You authorize Sponsor, as introducing broker, to effect purchase and sale transactions in your Account on an agency basis through AEIS. You understand that the negotiated Wrap Fee for each Account covers brokerage commissions on transactions effected on an agency basis by Sponsor through AEIS. You understand and acknowledge that your direction to Sponsor to trade through AEIS may result in less advantageous execution, including greater spreads (the difference between the bid and the offer price) and less favorable net prices, than if an unaffiliated broker-dealer were to execute the transaction.through C. Transaction Procedures Procedures: Sponsor will generally effect all securities transactions as your agent. AEIS provides execution and clearing capabilities as clearing broker for Sponsor. Sponsor and AEIS have an agreement in which Sponsor introduces customer accounts to AEIS on a fully disclosed basis. Sponsor opens, approves, and monitors accounts and accepts securities orders. AEIS provides execution, recordkeeping, and all other clearing functions for Managed Accounts. Sponsor places all orders on aa “best efforts” basis. Sponsor will not accept any liability or responsibility for orders not executed or accepted because of failure of a communication system, including the mail or other methods of transmitting instructions through vehicles of interstate commerce. D. Dividends/Interest and Distributions Dividends and distributions Distributions: Generally, all mutual fund dividends received on your investments held in your Account may will be reinvested, where allowed, if selected by unless Sponsor and you agree to have such income deposited into another Ameriprise account or distributed directly to you. Where reinvestment is Equity dividends cannot allowed or selected, your dividends and distributions be reinvested; they will be deposited into your Sweep Program. If you do not direct Sponsor to distribute the dividends to another account the dividends will be reinvested at the direction of Envestnet and/or the Envestnet Managers. E. X. Xxxxxx: Margin If Sponsor has approved your is not available in the Access Account for margin trading, you may be required to deposit additionalProgram.