Common use of Closing Services Clause in Contracts

Closing Services. A. DriveWealth will conduct closings in which funds are delivered to Issuer’s account in amounts equal to subscription requests Issuer has accepted (when applicable), and Securities identified by a single alpha and or numeric identifier (“Ticker” or “CUSIP”) are transferred into Customer Accounts (actions collectively referred to as a “Closing”). These services include anti-money laundering (“AML”), Office of Foreign Asset Control (“OFAC”) and related services required for any funds transfers. B. DriveWealth will conduct Closings at Issuer’s Instructions. For Offerings with one Closing for a single Ticker, DriveWealth will conduct the Closing at the time instructed by Issuer or as soon as reasonably practicable thereafter. For Offerings with multiple Closings over time and or with multiple Tickers, DriveWealth may decide, in its sole discretion, and after consultation with Issuer, to limit the number of Closings to a specified number within a designated time period (for instance, one Closing per month). C. Issuer shall instruct Dwolla to direct funds from Customers’ Dwolla accounts to DriveWealth’s merchant Dwolla account during the Closing process. DriveWealth shall not be responsible for Dwolla clawbacks or other restrictions on a Customer’s Dwolla account that prevents the settlement and closing of the Offering pursuant to the Instructions received. In the event that DriveWealth is unable to settle and close the Offering pursuant to Instructions due to a Dwolla clawback or other restriction, Issuer shall be responsible for the unsettled portion. D. All Closings are subject to the fees specified in Schedule D.1.

Closing Services. A. DriveWealth will conduct closings in which funds are delivered to Issuer’s account in amounts equal to subscription requests Issuer has accepted (when applicable), and Securities identified by a single alpha and or numeric identifier (“Ticker” or “CUSIP”) are transferred into Customer Accounts (actions collectively referred to as a “Closing”). These services include anti-money laundering (“AML”), Office of Foreign Asset Control (“OFAC”) and related services required for any funds transfers.. DocuSign Envelope ID: 839A5F5C-4F70-44A9-B8E8-5C79C5358374 B. DriveWealth will conduct Closings at Issuer’s Instructions. For Offerings with one Closing for a single Ticker, DriveWealth will conduct the Closing at the time instructed by Issuer or as soon as reasonably practicable thereafter. For Offerings with multiple Closings over time and or with multiple Tickers, DriveWealth may decide, in its sole discretion, and after consultation with Issuer, to limit the number of Closings to a specified number within a designated time period (for instance, one Closing per month). C. Issuer shall instruct Dwolla to direct funds from Customers’ Dwolla accounts to DriveWealth’s merchant Dwolla account during the Closing process. DriveWealth shall not be responsible for Dwolla clawbacks or other restrictions on a Customer’s Dwolla account that prevents the settlement and closing of the Offering pursuant to the Instructions received. In the event that DriveWealth is unable to settle and close the Offering pursuant to Instructions due to a Dwolla clawback or other restriction, Issuer shall be responsible for the unsettled portion. D. All Closings are subject to the fees specified in Schedule D.1.

Closing Services. A. DriveWealth will conduct closings in which funds are delivered to Issuer’s account in amounts equal to subscription requests Issuer has accepted (when applicable), and Securities identified by a single alpha and or numeric identifier (“Ticker” or “CUSIP”) are transferred into Customer Accounts (actions collectively referred to as a “Closing”). These services include anti-money laundering (“AML”), Office of Foreign Asset Control (“OFAC”) and related services required for any funds transfers. B. DriveWealth will conduct Closings at Issuer’s Instructions. For Offerings with one Closing for a single Ticker, DriveWealth will conduct the Closing at the time instructed by Issuer or as soon as reasonably practicable thereafter. For Offerings with multiple Closings over time and or with multiple Tickers, DriveWealth may 06092384.3 decide, in its sole discretion, and after consultation with Issuer, to limit the number of Closings to a specified number within a designated time period (for instance, one Closing per month). C. Issuer shall instruct Dwolla to direct funds from Customers’ Dwolla accounts to DriveWealth’s merchant Dwolla account during the Closing process. DriveWealth shall not be responsible for Dwolla clawbacks or other restrictions on a Customer’s Dwolla account that prevents the settlement and closing of the Offering pursuant to the Instructions received. In the event that DriveWealth is unable to settle and close the Offering pursuant to Instructions due to a Dwolla clawback or other restriction, Issuer shall be responsible for the unsettled portion. D. All Closings are subject to the fees specified in Schedule D.1.