Common use of Buy and Sell Orders Clause in Contracts

Buy and Sell Orders. Any order made by me for the purchase or sale of securities shall be binding on me (i) upon making the order online through the Website, verbally (whether in person, through the telephone or other similar means), in writing (by fax, by telex or by e-mail), through the Short Messaging Service (SMS or text) or through an authorized person, and (ii) upon receipt of confirmation notice duly signed by your authorized officer or sent through the Website. You may rely or act upon such orders, and you shall not be liable for any loss or damage suffered by me, provided that you act in good faith. You require that the net value of the securities I order to be purchased be within the total of my cash deposit and approved credit limit on my first trading transaction before your execution of the order, or in the case of securities to be sold, I understand that you require advance delivery of securities duly endorsed and cleared by the transfer office before your execution of the sell order. In the event a sell order is intentionally or inadvertently accepted and executed without the required stock certificates deposited in my Account, I agree to immediately deliver to you the securities sold in good deliverable and negotiable form. I am responsible for any losses or expenses incurred by you as a result of my failure to make such delivery. In order to complete my short sale, you may need to borrow the security(ies) I sold and did not own. I will be subject to a buy-back of the security for my Account and at my expense. If the securities are bought in, I will be responsible for any resulting losses and all associated costs incurred by you. The proceeds of all sales will be retained in my account unless I request otherwise. In the event the remittance of proceeds shall be made to an Account outside of the Philippines, I hereby authorize the Company to convert such proceeds in the foreign currency of my choice. The Company may source the funds within or outside the Philippine banking system, as may be allowed by law. All remittance and conversion charges shall be for my Account. You shall have the right, whenever in your sole or exclusive discretion, and whenever necessary for your protection, in the event that: (i) a petition for bankruptcy, or for appointment of a receiver is filed by or against me, or (ii) an attachment is levied against my Account(s) with the Broker: (x) to close any or all outstanding orders, as well as, to sell any or all securities in my Account, (y) to transfer money or securities from any one of my Account(s) to another, and (z) to buy any or all securities which may be short in such Account(s), all without the need ofnotice or demand for margin, additional security or collateral, or notice of sale or purchase, or any other notice or advertisement, all of which are hereby waived. Any such sales or purchases may be made at your discretion and you may be purchasers or sellers for your own Account. Notwithstanding the foregoing, I shall, at all times, be liable for the payment of any amount owing on my Account(s) with you upon demand and that I shall be liable for any deficiency remaining in any such Account(s) in the event of the liquidation thereof in whole or in part by me or by you. For the purpose of buying, selling, or performing other acts pursuant to the above paragraph, I hereby irrevocably appoint you, your successors or assigns, as my attorney in fact with power to buy, sell or act, for any of my Account(s) (whether carried individually or jointly with others), to agree upon the price of said securities, execute bills of sale, receipts, assignments of all my rights, title and interest to the purchaser(s) thereof. You are also authorized to deliver or accept delivery of the corresponding stock certificates and/or any portions of the securities held under any of my Account(s) (whether carried individually or jointly with others) and herein pledged, to be transferred to your name or your nominee. I understand that you maintain a “Customer First” policy. When you execute buy or sell orders for your own Account, you will prioritize my orders.

Buy and Sell Orders. Any electronically executed order made by me for the purchase or sale of securities, bonds, funds, managed funds and other investible securities ("securities") shall be binding on me (i) upon making the order online through the Website, verbally (whether in person, through the telephone or other similar means), in writing (by fax, by telex or by e-mail), through the Short Messaging Service (SMS or text) or through an authorized person, and (ii) upon receipt of a confirmation notice duly signed by your authorized officer or sent through the Website. You may rely or act upon such executed orders, and you shall not be liable for any loss or damage suffered by me, provided that you act in good faiththere is no willful fraud or gross negligence on your part. You require that the net value of the securities I order execute to be purchased will be within the total of my cash deposit and approved credit limit on my first trading transaction before your my execution of the order, or in the case of securities to be sold, I understand that you require advance delivery of securities duly endorsed and cleared by the transfer office before your my execution of the sell order. In the event a sell order is intentionally or inadvertently accepted and executed without the required stock certificates deposited in my Accountaccount, I agree to immediately deliver to you the securities sold in good deliverable and negotiable form. I am responsible for any losses or expenses incurred by you as a result of my failure to make such delivery. In order to complete my short salesale (when allowed), you may need to borrow the security(ies) I sold and did not own. I will be subject to a buy-back of the security for my Account account and at my expense. If the securities are bought in, I will be responsible for any resulting losses and all associated costs incurred by you. The proceeds of all sales will be retained in my account Beneficiary Account unless I request otherwise. In the event the remittance of proceeds shall be made to an Account account outside of the Philippines, I hereby authorize the Company to convert such proceeds in the foreign currency of my choice. The Company may source the funds within or outside the Philippine banking system, as may be allowed by law. All remittance and conversion charges shall be for my Accountaccount. You shall have the right, whenever in your sole or exclusive discretion, and whenever necessary for your protection, in the event that: (i) a petition for bankruptcy, or for appointment of a receiver is filed by or against me, or (ii) an attachment is levied against my Account(saccount(s) with the Broker: (x) to close any or all outstanding orders, as well as, to sell any or all securities in my Accountaccount, (y) to transfer money or securities from any one of my Account(saccount(s) to another, and (z) to buy any or all securities which may be short in such Account(saccount(s), all without the need ofnotice of notice or demand for margin, additional security or collateral, or notice of sale or purchase, or any other notice or advertisement, all of which are hereby waived. Any such sales or purchases may be made at your discretion and you may be purchasers or sellers for your own Accountaccount. Notwithstanding the foregoing, I shall, at all times, be liable for the payment of any amount owing on my Account(saccount(s) with you upon demand and that I shall be liable for any deficiency remaining in any such Account(saccount(s) in the event of the liquidation thereof in whole or in part by me or by you. For the purpose of buying, selling, or performing other acts pursuant to the above paragraph, I hereby irrevocably appoint you, your successors or assigns, as my attorney in fact with power to buy, sell or act, for any of my Account(saccount(s) (whether carried individually or jointly with others), to agree upon the price of said securities, execute bills of sale, receipts, assignments of all my rights, title and interest to the purchaser(s) thereof. You are also authorized to deliver or accept delivery of the corresponding stock certificates and/or any portions of the securities held under any of my Account(saccount(s) (whether carried individually or jointly with others) and herein pledged, to be transferred to your name or your nominee. I understand that you maintain a “Customer First” policy. When you execute buy or sell orders for your own Accountaccount, you will prioritize my orders.

Buy and Sell Orders. Any order made by me for the purchase or sale of securities shall be binding on me (i) upon making the order online through the Websitexxxxxxxxxxxxx.xxx.xx website or other authorized sites, verbally (whether in person, through the telephone or other similar means), in writing (by fax, by telex or by e-mail), through the Short Messaging Service (SMS or text) or through an authorized person, and (ii) upon receipt of confirmation notice duly signed by your authorized officer or sent through the Websiteofficer. You may rely or act upon such orders, and you shall not be liable for any loss or damage suffered by me, provided that you act in good faith. You may, at your discretion and from time to time require that the net value of the advance payment, fully or partially, for securities I order to be purchased be within the total of my cash deposit and approved credit limit on my first trading transaction before your execution of the order, or in the case of securities to be sold, I understand that you require advance delivery of securities duly endorsed and cleared by the transfer office before your execution of the sell order. For online trading, you will require that stock certificates in good deliverable form be deposited into my online trading account prior to the acceptance of a sell order. In the event a sell order is intentionally or inadvertently accepted and executed without the required stock certificates deposited in my Accountaccount, I i agree to immediately deliver to you the securities sold in good deliverable and negotiable form. I am responsible for any losses or expenses incurred by you as a result of my failure to make such delivery. In order to complete my short sale, you may will need to borrow the security(ies) I security i sold and did not own. I will be subject to a buy-back of the security for my Account account and at my expense. If the securities are bought in, I will be responsible for any resulting losses and all associated costs incurred by you. The proceeds of all sales will be retained in my account unless I request otherwise. In All other sell orders will be for securities owned by me at the event time the remittance of proceeds shall order is placed, and must be made to an Account outside long and in good deliverable form in my account on date of the Philippines, I hereby authorize the Company to convert such proceeds in the foreign currency of my choice. The Company may source the funds within or outside the Philippine banking system, as may be allowed by law. All remittance and conversion charges shall be for my Accounttransaction. You shall have the right, whenever in your sole or exclusive discretion, and whenever necessary for your protection, or in the event that: (i) a petition for bankruptcy, or for appointment of a receiver is filed by or against me, or (ii) an attachment is levied against my Account(saccount(s) with the Broker, or (iii) I fail to comply with the provision of Section 12 and 13 hereof, and in all cases, regardless whether, my account is carried individually or jointly with others: (x) to close any or all outstanding orders, as well as, to sell buy any or all securities and commodities which may be short in my Accountsuch account(s), as well as (y) to transfer money or securities from any one of my Account(saccount(s) to another, and (z) to buy close any or all securities which may be short in such Account(s)outstanding contracts, all without the need ofnotice of notice or demand for margin, additional security or collateral, or notice of sale or purchase, or any other notice or advertisement, all of which are hereby waived. Any such sales or purchases may be made at your discretion of the Broker at any exchange or other market where such business is then usually transacted, or at public auction or private sale all without need of notice or demand all of which are hereby waived; and in case of sale at public auction or on an exchange, you may be purchasers or sellers for your own Accountaccount. Notwithstanding the foregoing, I shall, at all times, be liable for the payment of any amount owing on my Account(saccount(s) with you upon demand and that I shall be liable for any deficiency remaining in any such Account(saccount(s) in the event of the liquidation thereof in whole or in part by me or by you. For the purpose of selling, buying, selling, or performing other acts pursuant to the above paragraph, I hereby irrevocably appoint you, your successors or assigns, as my attorney in fact with power to buysell, sell buy or act, for any of my Account(saccount(s) (whether carried individually or jointly with others), to agree upon the price of said securities, execute bills of sale, receipts, assignments of all my rights, title and interest to the purchaser(s) thereof. You are also authorized to deliver or accept delivery of the corresponding stock certificates and/or any portions of the securities held under any of my Account(saccount(s) (whether carried individually or jointly with others) and herein pledged, to be transferred to your name or your nominee. I understand that All acts and things which you maintain a “Customer First” policy. When may do or cause to be done in accordance with the power herein conferred upon you execute buy or sell orders for your own Account, you will prioritize my ordersare hereby deemed ratified by me.

Buy and Sell Orders. Any order made by me for the purchase or sale of securities shall be binding on me (i) upon making the order online through the Website, verbally (whether in person, through the telephone or other similar means), in writing (by fax, by telex or by e-mail), through the Short Messaging Service (SMS or text) or through an authorized person, and (ii) upon receipt of confirmation notice duly signed by your authorized officer or sent through the Website. You may rely or act upon such orders, and you shall not be liable for any loss or damage suffered by me, provided that you act in good faith. You require that the net value of the securities I order to be purchased be within the total of my cash deposit and approved credit limit on my first trading transaction before your execution of the order, or in the case of securities to be sold, I understand that you require advance delivery of securities duly endorsed and cleared by the transfer office before your execution of the sell order. In the event a sell order is intentionally or inadvertently accepted and executed without the required stock certificates deposited in my Accountaccount, I agree to immediately deliver to you the securities sold in good deliverable and negotiable form. I am responsible for any losses or expenses incurred by you as a result of my failure to make such delivery. In order to complete my short sale, you may need to borrow the security(ies) I sold and did not own. I will be subject to a buy-back of the security for my Account account and at my expense. If the securities are bought in, I will be responsible for any resulting losses and all associated costs incurred by you. The proceeds of all sales will be retained in my account unless I request otherwise. In the event the remittance of proceeds shall be made to an Account account outside of the Philippines, I hereby authorize the Company to convert such proceeds in the foreign currency of my choice. The Company may source the funds within or outside the Philippine banking system, as may be allowed by law. All remittance and conversion charges shall be for my Accountaccount. You shall have the right, whenever in your sole or exclusive discretion, and whenever necessary for your protection, in the event that: (i) a petition for bankruptcy, or for appointment of a receiver is filed by or against me, or (ii) an attachment is levied against my Account(saccount(s) with the Broker: (x) to close any or all outstanding orders, as well as, to sell any or all securities in my Accountaccount, (y) to transfer money or securities from any one of my Account(saccount(s) to another, and (z) to buy any or all securities which may be short in such Account(saccount(s), all without the need ofnotice of notice or demand for margin, additional security or collateral, or notice of sale or purchase, or any other notice or advertisement, all of which are hereby waived. Any such sales or purchases may be made at your discretion and you may be purchasers or sellers for your own Accountaccount. Notwithstanding the foregoing, I shall, at all times, be liable for the payment of any amount owing on my Account(saccount(s) with you upon demand and that I shall be liable for any deficiency remaining in any such Account(saccount(s) in the event of the liquidation thereof in whole or in part by me or by you. For the purpose of buying, selling, or performing other acts pursuant to the above paragraph, I hereby irrevocably appoint you, your successors or assigns, as my attorney in fact with power to buy, sell or act, for any of my Account(saccount(s) (whether carried individually or jointly with others), to agree upon the price of said securities, execute bills of sale, receipts, assignments of all my rights, title and interest to the purchaser(s) thereof. You are also authorized to deliver or accept delivery of the corresponding stock certificates and/or any portions of the securities held under any of my Account(saccount(s) (whether carried individually or jointly with others) and herein pledged, to be transferred to your name or your nominee. I understand that you maintain a “Customer First” policy. When you execute buy or sell orders for your own Accountaccount, you will prioritize my orders.

Buy and Sell Orders. Any order made by me for the purchase or sale of securities shall be binding on me (i) upon making the order online through the Website, verbally (whether in person, through the telephone or other similar means), in writing (by fax, ,by telex or by e-mail), through the Short Messaging Service (SMS or text) or through an authorized person, and (ii) upon receipt of confirmation notice duly signed by your authorized officer or sent through the Website. You may rely or act upon such orders, and you shall not be liable for any loss or damage suffered by me, provided that you act in good faith. You require that at least 50% collateral in the net value form of the cash or tradable stocks for securities I order to be purchased be within the total of my cash deposit and approved credit limit on my first trading transaction before your execution of the order, or in the case of securities to be sold, I understand that you require advance delivery of securities duly endorsed and cleared by the transfer office before your execution of the sell order. In the event a sell order is intentionally or inadvertently accepted and executed without the required stock certificates deposited in my Accountaccount, I agree to immediately deliver to you the securities sold in good deliverable and negotiable form. I am responsible for any losses or expenses incurred by you as a result of my failure to make such delivery. In order to complete my short sale, you may need to borrow the security(ies) I sold and did not own. I will be subject to a buy-back of the security for my Account account and at my expense. If the securities are bought in, I will be responsible for any resulting losses and all associated costs incurred by you. The proceeds of all sales will be retained in my account unless I request otherwise. In the event the remittance of proceeds shall be made to an Account outside of the Philippines, I hereby authorize the Company to convert such proceeds in the foreign currency of my choice. The Company may source the funds within or outside the Philippine banking system, as may be allowed by law. All remittance and conversion charges shall be for my Account. You shall have the right, whenever in your sole or exclusive discretion, and whenever necessary for your protection, in the event that: (i) a petition for bankruptcy, or for appointment of a receiver is filed by or against me, or (ii) an attachment is levied against my Account(saccount(s) with the Broker: (x) to close any or all outstanding orders, as well as, to sell any or all securities in my Accountaccount, (y) to transfer money or securities from any one of my Account(saccount(s) to another, and (z) to buy any or all securities which may be short in such Account(s), all without the need ofnotice or demand for margin, additional security or collateral, or notice of sale or purchase, or any other notice or advertisement, all of which are hereby waived. Any such sales or purchases may be made at your discretion and you may be purchasers or sellers for your own Account. Notwithstanding the foregoing, I shall, at all times, be liable for the payment of any amount owing on my Account(s) with you upon demand and that I shall be liable for any deficiency remaining in any such Account(s) in the event of the liquidation thereof in whole or in part by me or by you. For the purpose of buying, selling, or performing other acts pursuant to the above paragraph, I hereby irrevocably appoint you, your successors or assigns, as my attorney in fact with power to buy, sell or act, for any of my Account(s) (whether carried individually or jointly with others), to agree upon the price of said securities, execute bills of sale, receipts, assignments of all my rights, title and interest to the purchaser(s) thereof. You are also authorized to deliver or accept delivery of the corresponding stock certificates and/or any portions of the securities held under any of my Account(s) (whether carried individually or jointly with others) and herein pledged, to be transferred to your name or your nominee. I understand that you maintain a “Customer First” policy. When you execute buy or sell orders for your own Account, you will prioritize my orders.and

Buy and Sell Orders. Any order made by me for the purchase or sale of securities shall be binding on me (i) upon making the order online through the Website, verbally (whether in person, through the telephone or other similar means), in writing (by fax, by telex or by e-mail), through the Short Messaging Service (SMS or text) or through an authorized person, and (ii) upon receipt of confirmation notice duly signed by your authorized officer or sent through the Website. You may rely or act upon such orders, and you shall not be liable for any loss or damage suffered by me, provided that you act in good faith. You require that the net value of the securities I order to be purchased be within the total of my cash deposit and approved credit limit on my first trading transaction before your execution of the order, or in the case of securities to be sold, I understand that you require advance delivery of securities duly endorsed and cleared by the transfer office before your execution of the sell order. In the event a sell order is intentionally or inadvertently accepted and executed without the required stock certificates deposited in my Account, I agree to immediately deliver to you the securities sold in good deliverable and negotiable form. I am responsible for any losses or expenses incurred by you as a result of my failure to make such delivery. In order to complete my short sale, you may need to borrow the security(ies) I sold and did not own. I will be subject to a buy-back of the security for my Account and at my expense. If the securities are bought in, I will be responsible for any resulting losses and all associated costs incurred by you. The proceeds of all sales will be retained in my account unless I request otherwise. In the event the remittance of proceeds shall be made to an Account outside of the Philippines, I hereby authorize the Company to convert such proceeds in the foreign currency of my choice. The Company may source the funds within or outside the Philippine banking system, as may be allowed by law. All remittance and conversion charges shall be for my Account. You shall have the right, whenever in your sole or exclusive discretion, and whenever necessary for your protection, in the event that: (( i) a petition for bankruptcy, or for appointment of a receiver is filed by or against me, or (ii) an attachment is levied against my Account(s) with the Broker: (x) to close any or all outstanding orders, as well as, to sell any or all securities in my Account, (y) to transfer money or securities from any one of my Account(s) to another, and (z) to buy any or all securities which may be short in such Account(s), all without the need ofnotice of notice or demand for margin, additional security or collateral, or notice of sale or purchase, or any other notice or advertisement, all of which are hereby waived. Any such sales or purchases may be made at your discretion and you may be purchasers or sellers for your own Account. Notwithstanding the foregoing, I shall, at all times, be liable for the payment of any amount owing on my Account(s) with you upon demand and that I shall be liable for any deficiency remaining in any such Account(s) in the event of the liquidation thereof in whole or in part by me or by you. For the purpose of buying, selling, or performing other acts pursuant to the above paragraph, I hereby irrevocably appoint you, your successors or assigns, as my attorney in fact with power to buy, sell or act, for any of my Account(s) (whether carried individually or jointly with others), to agree upon the price of said securities, execute bills of sale, receipts, assignments of all my rights, title and interest to the purchaser(s) thereof. You are also authorized to deliver or accept delivery of the corresponding stock certificates and/or any portions of the securities held under any of my Account(s) (whether carried individually or jointly with others) and herein pledged, to be transferred to your name or your nominee. I understand that you maintain a “Customer First” policy. When you execute buy or sell orders for your own Account, you will prioritize my orders.

Buy and Sell Orders. Any order made by me for the purchase or sale of securities shall be binding on me (i) upon making the order online through the Website, verbally (whether in person, through the telephone or other similar means), in writing (by fax, by telex or by e-mail), through the Short Messaging Service (SMS or text) or through an authorized person, and (ii) upon receipt of confirmation notice duly signed by your authorized officer or sent through the Website. You may rely or act upon such orders, and you shall not be liable for any loss or damage suffered by me, provided that you act in good faith. You require that the net value of the securities I order to be purchased be within the total of my cash deposit and approved credit limit on my first trading transaction before your execution of the order, or in the case of securities to be sold, I understand that you require advance delivery of securities duly endorsed and cleared by the transfer office before your execution of the sell order. In the event a sell order is intentionally or inadvertently accepted and executed without the required stock certificates deposited in my Account, I agree to immediately deliver to you the securities sold in good deliverable and negotiable form. I am responsible for any losses or expenses incurred by you as a result of my failure to make such delivery. In order to complete my short sale, you may need to borrow the security(ies) I sold and did not own. I will be subject to a buy-back of the security for my Account and at my expense. If the securities are bought in, I will be responsible for any resulting losses and all associated costs incurred by you. The proceeds of all sales will be retained in my account unless I request otherwise. In the event the remittance of proceeds shall be made to an Account outside of the Philippines, I hereby authorize the Company to convert such proceeds in the foreign currency of my choice. The Company may source the funds within or outside the Philippine banking system, as may be allowed by law. All remittance and conversion charges shall be for my Account. You shall have the right, whenever in your sole or exclusive discretion, and whenever necessary for your protection, in the event that: (i) a petition for bankruptcy, or for appointment of a receiver is filed by or against me, or (ii) an attachment is levied against my Account(s) with the Broker: (x) to close any or all outstanding orders, as well as, to sell any or all securities in my Account, (y) to transfer money or securities from any one of my Account(s) to another, and (z) to buy any or all securities which may be short in such Account(s), all without the need ofnotice or demand for margin, additional security or collateral, or notice of sale or purchase, or any other notice or advertisement, all of which are hereby waived. Any such sales or purchases may be made at your discretion and you may be purchasers or sellers for your own Account. Notwithstanding the foregoing, I shall, at all times, be liable for the payment of any amount owing on my Account(s) with you upon demand and that I shall be liable for any deficiency remaining in any such Account(s) in the event of the liquidation thereof in whole or in part by me or by you. For the purpose of buying, selling, or performing other acts pursuant to the above paragraph, I hereby irrevocably appoint you, your successors or assigns, as my attorney in fact with power to buy, sell or act, for any of my Account(s) (whether carried individually or jointly with others), to agree upon the price of said securities, execute bills of sale, receipts, assignments of all my rights, title and interest to the purchaser(s) thereof. You are also authorized to deliver or accept delivery of the corresponding stock certificates and/or any portions of the securities held under any of my Account(s) (whether carried individually or jointly with others) and herein pledged, to be transferred to your name or your nominee. I understand that you maintain a “''Customer First” '' policy. When you execute buy or sell orders for your own Account, you will prioritize my orders.

Buy and Sell Orders. Any order made by me for the purchase or sale of securities shall be binding on me (i) upon making the order online through the Website, verbally (whether in person, through the telephone or other similar means), in writing (by fax, by telex or by e-mail), through the Short Messaging Service (SMS or text) or through an authorized person, and (ii) upon receipt of confirmation notice duly signed by your authorized officer or sent through the Website. You may rely or act upon such orders, and you shall not be liable for any loss or damage suffered by me, provided that you act in good faith. You require that the net value of the securities I order to be purchased be within the total of my cash deposit and approved credit limit on my first trading transaction before your execution of the order, or in the case of securities to be sold, I understand that you require advance delivery of securities duly endorsed and cleared by the transfer office before your execution of the sell order. In the event a sell order is intentionally or inadvertently accepted and executed without the required stock certificates deposited in my Accountaccount, I agree to immediately deliver to you the securities sold in good deliverable and negotiable form. I am responsible for any losses or expenses incurred by you as a result of my failure to make such delivery. In order to complete my short sale, you may need to borrow the security(ies) I sold and did not own. I will be subject to a buy-back of the security for my Account account and at my expense. If the securities are bought in, I will be responsible for any resulting losses and all associated costs incurred by you. The proceeds of all sales will be retained in my account unless I request otherwise. In the event the remittance of proceeds shall be made to an Account outside of the Philippines, I hereby authorize the Company to convert such proceeds in the foreign currency of my choice. The Company may source the funds within or outside the Philippine banking system, as may be allowed by law. All remittance and conversion charges shall be for my Account. You shall have the right, whenever in your sole or exclusive discretion, and whenever necessary for your protection, in the event that: (i) a petition for bankruptcy, or for appointment of a receiver is filed by or against me, or (ii) an attachment is levied against my Account(saccount(s) with the Broker: (x) to close any or all outstanding orders, as well as, to sell any or all securities in my Accountaccount, (y) to transfer money or securities from any one of my Account(saccount(s) to another, and (z) to buy any or all securities which may be short in such Account(saccount(s), all without the need ofnotice of notice or demand for margin, additional security or collateral, or notice of sale or purchase, or any other notice or advertisement, all of which are hereby waived. Any such sales or purchases may be made at your discretion and you may be purchasers or sellers for your own Accountaccount. Notwithstanding the foregoing, I shall, at all times, be liable for the payment of any amount owing on my Account(saccount(s) with you upon demand and that I shall be liable for any deficiency remaining in any such Account(saccount(s) in the event of the liquidation thereof in whole or in part by me or by you. For the purpose of buying, selling, or performing other acts pursuant to the above paragraph, I hereby irrevocably appoint you, your successors or assigns, as my attorney in fact with power to buy, sell or act, for any of my Account(saccount(s) (whether carried individually or jointly with others), to agree upon the price of said securities, execute bills of sale, receipts, assignments of all my rights, title and interest to the purchaser(s) thereof. You are also authorized to deliver or accept delivery of the corresponding stock certificates and/or any portions of the securities held under any of my Account(saccount(s) (whether carried individually or jointly with others) and herein pledged, to be transferred to your name or your nominee. I understand that you maintain a “Customer First” policy. When you execute buy or sell orders for your own Accountaccount, you will prioritize my orders.

Buy and Sell Orders. Any order made by me for the purchase or sale of securities shall be binding on me (i) upon making the order online through the Website, verbally (whether in person, through the telephone or other similar means), in writing (by fax, by telex or by e-mail), through the Short Messaging Service (SMS or text) or through an authorized person, and (ii) upon receipt of confirmation notice duly signed by your authorized officer or sent through the Website. You may rely or act upon such orders, and you shall not be liable for any loss or damage suffered by me, provided that you act in good faith. You require that at least 50% collateral in the net value form of the cash or tradable stocks for securities I order to be purchased be within the total of my cash deposit and approved credit limit on my first trading transaction before your execution of the order, or in the case of securities to be sold, I understand that you require advance delivery of securities duly endorsed and cleared by the transfer office before your execution of the sell order. In the event a sell order is intentionally or inadvertently accepted and executed without the required stock certificates deposited in my Accountaccount, I agree to immediately deliver delive to you the securities sold in good deliverable and negotiable form. I am responsible for any losses or expenses incurred by you as a result of my failure to make such delivery. In order to complete my short sale, you may need to borrow the security(ies) I sold and did not own. I will be subject to a buy-back of the security for my Account account and at my expense. If the securities are bought in, I will be responsible for any resulting losses and all associated costs incurred by you. The proceeds of all sales will be retained in my account unless I request otherwise. In the event the remittance of proceeds shall be made to an Account outside of the Philippines, I hereby authorize the Company to convert such proceeds in the foreign currency of my choice. The Company may source the funds within or outside the Philippine banking system, as may be allowed by law. All remittance and conversion charges shall be for my Account. You shall have the right, whenever in your sole or exclusive discretion, and whenever necessary for your protection, in the event that: (i) a petition for bankruptcy, or for appointment of a receiver is filed by or against me, or (ii) an attachment is levied against my Account(saccount(s) with the Broker: (x) to close any or all outstanding orders, as well as, to sell any or all securities in my Accountaccount, (y) to transfer money or securities from any one of my Account(saccount(s) to another, and (z) to buy any or all securities which may be short in such Account(saccount(s), all without the need ofnotice of notice or demand for margin, additional security or collateral, or notice of sale or purchase, or any other notice or advertisement, all of which are hereby waived. Any such sales or purchases may be made at your discretion and you may be purchasers or sellers for your own Accountaccount. Notwithstanding the foregoing, I shall, at all times, be liable for the payment of any amount owing on my Account(saccount(s) with you upon demand and that I shall be liable for any deficiency remaining in any such Account(saccount(s) in the event of the liquidation thereof in whole or in part by me or by you. For the purpose of buying, selling, or performing other acts pursuant to the above paragraph, I hereby irrevocably appoint you, your successors or assigns, as my attorney in fact with power to buy, sell or act, for any of my Account(saccount(s) (whether carried individually or jointly with others), to agree upon the price of said securities, execute bills of sale, receipts, assignments of all my rights, title and interest to the purchaser(s) thereof. You are also authorized to deliver or accept delivery of the corresponding stock certificates and/or any portions of the securities held under any of my Account(saccount(s) (whether carried individually or jointly with others) and herein pledged, to be transferred to your name or your nominee. I understand that you maintain a “Customer First” policy. When you execute buy or sell orders for your own Accountaccount, you will prioritize my orders.

Buy and Sell Orders. Any order made by me for the purchase or sale of securities shall be binding on me (i) upon making the order online through the Website, verbally (whether in person, through the telephone or other similar means), in writing (by fax, by telex or by e-mail), through the Short Messaging Service (SMS or text) or through an authorized person, and (ii) upon receipt of confirmation notice duly signed by your authorized officer or sent through the WebsiteW ebsite. You may rely or act upon such orders, and you shall not be liable for any loss or damage suffered by me, provided that you act in good faith. You require that the net value of the securities I order to be purchased be within the total of my cash deposit and approved credit limit on my first trading transaction before your execution of the order, or in the case of securities to be sold, I understand that you require advance delivery of securities duly endorsed and cleared by the transfer office before your execution of the sell order. In the event a sell order is intentionally or inadvertently accepted and executed without the required stock certificates deposited in my Accountaccount, I agree to immediately deliver to you the securities sold in good deliverable and negotiable form. I am responsible for any losses or expenses incurred by you as a result of my failure to make such delivery. In order to complete my short sale, you may need to borrow the security(ies) I sold and did not own. I will be subject to a buy-back of the security for my Account account and at my expense. If the securities are bought in, I will be responsible for any resulting losses and all associated costs incurred by you. The proceeds of all sales will be retained in my account unless I request otherwise. In the event the remittance of proceeds shall be made to an Account account outside of the Philippines, I hereby authorize the Company to convert such proceeds in the foreign currency of my choice. The Company may source the funds within or outside the Philippine banking system, as may be allowed by law. All remittance and conversion charges shall be for my Accountaccount. You shall have the right, whenever in your sole or exclusive discretion, and whenever necessary for your protection, in the event that: (i) a petition for bankruptcy, or for appointment of a receiver is filed by or against me, or (ii) an attachment is levied against my Account(saccount(s) with the Broker: (x) to close any or all outstanding orders, as well as, to sell any or all securities in my Accountaccount, (y) to transfer money or securities from any one of my Account(saccount(s) to another, and (z) to buy any or all securities which may be short in such Account(saccount(s), all without the need ofnotice of notice or demand for margin, additional security or collateral, or notice of sale or purchase, or any other notice or advertisement, all of which are hereby waived. Any such sales or purchases may be made at your discretion and you may be purchasers or sellers for your own Accountaccount. Notwithstanding the foregoing, I shall, at all times, be liable for the payment of any amount owing on my Account(saccount(s) with you upon demand and that I shall be liable for any deficiency remaining in any such Account(saccount(s) in the event of the liquidation thereof in whole or in part by me or by you. For the purpose of buying, selling, or performing other acts pursuant to the above paragraph, I hereby irrevocably appoint you, your successors or assigns, as my attorney in fact with power to buy, sell or act, for any of my Account(saccount(s) (whether carried individually or jointly with others), to agree upon the price of said securities, execute bills of sale, receipts, assignments of all my rights, title and interest to the purchaser(s) thereof. You are also authorized to deliver or accept delivery of the corresponding stock certificates and/or any portions of the securities held under any of my Account(saccount(s) (whether carried individually or jointly with others) and herein pledged, to be transferred to your name or your nominee. I understand that you maintain a “Customer First” policy. When you execute buy or sell orders for your own Accountaccount, you will prioritize my orders.