Common use of Death of a Principal Clause in Contracts

Death of a Principal. You must notify us in writing immediately upon the death of one of the principals and, upon receiving that notification, we may: ▪ require a copy of a death certificate and notarized copies of the appropriate estate papers; ▪ restrict transactions and/or require a portion of the investments be retained in the Account; or ▪ follow any other course of action we deem prudent. The deceased principal's estate and each of the remaining parties to the Account will continue to be responsible to us, jointly and severally, for any debit balance or loss that: ▪ may be incurred in settling a transaction initiated prior to death; ▪ is incurred in the distribution or liquidation of the Account; or ▪ occurs in adjusting for the interests of the remaining principals. Each of you declare that your interests in the joint Account are as joint tenants with full rights of survivorship and not as tenants- in-common, except if you are a resident of Quebec, in which case your interests in the joint Account are as tenants-in-common. We shall be protected from all liability in obeying the instructions of the survivor of you respecting the disposition of securities or other property in the Account.

Death of a Principal. You must notify us in writing immediately upon the death of one of the principals and, upon receiving that notification, we may: ▪  require a copy of a death certificate and notarized copies of the appropriate estate papers; ▪  restrict transactions and/or require a portion of the investments be retained in the Account; or ▪  follow any other course of action we deem prudent. The deceased principal's estate and each of the remaining parties to the Account will continue to be responsible to us, jointly and severally, for any debit balance or loss that: ▪  may be incurred in settling a transaction initiated prior to death; ▪  is incurred in the distribution or liquidation of the Account; or ▪  occurs in adjusting for the interests of the remaining principals. Each of you declare that your interests in the joint Account are as joint tenants with full rights of survivorship and not as tenants- in-common, except if you are a resident of QuebecQuébec, in which case your interests in the joint Account are as tenants-in-common. We shall be protected from all liability in obeying the instructions of the survivor of you respecting the disposition of securities or other property in the Account.

Death of a Principal. You must notify us in writing immediately upon the death of one of the principals and, upon receiving that notification, we may: ▪ require a copy of a death certificate and notarized copies of the appropriate estate papers; ▪ restrict transactions and/or require a portion of the investments be retained in the Account; or ▪ follow any other course of action we deem prudent. The deceased principal's estate and each of the remaining parties to the Account will continue to be responsible to us, jointly and severally, for any debit balance or loss that: ▪ may be incurred in settling a transaction initiated prior to death; ▪ is incurred in the distribution or liquidation of the Account; or ▪ occurs in adjusting for the interests of the remaining principals. Each of you declare that your interests in the joint Account are as joint tenants with full rights of survivorship and not as tenants- in-common, except if you are a resident of QuebecQuébec, in which case your interests in the joint Account are as tenants-in-common. We shall be protected from all liability in obeying the instructions of the survivor of you respecting the disposition of securities or other property in the Account.

Death of a Principal. You We must notify us be notified in writing immediately upon the death of one of the principals and, upon receiving that notification, we may: ▪ require a copy of a death certificate and notarized copies of the appropriate estate papers; ▪ restrict transactions and/or require a portion of the investments be retained in the Account; or ▪ follow any other course of action we deem prudent. The deceased principal's estate and each of the remaining parties to the Account will continue to be responsible to us, jointly and severally, for any debit balance or loss that: ▪ may be incurred in settling a transaction initiated prior to death; ▪ is incurred in the distribution or liquidation of the Account; or ▪ occurs in adjusting for the interests of the remaining principals. Each of you declare that your interests in the joint Account are as joint tenants with full rights of survivorship and not as tenants- intenants-in- common, except if you are a resident of Quebec, in which case your interests in the joint Account are as tenants-in-common. We shall be protected from all liability in obeying the instructions of the survivor of you respecting the disposition of securities or other property in the Account.

Death of a Principal. You We must notify us be notified in writing immediately upon the death of one of the principals and, upon receiving that notification, we may: ▪ require a copy of a death certificate and notarized copies of the appropriate estate papers; ▪ restrict transactions and/or require a portion of the investments be retained in the Account; or ▪ follow any other course of action we deem prudent. The deceased principal's estate and each of the remaining parties to the Account will continue to be responsible to us, jointly and severally, for any debit balance or loss that: ▪ may be incurred in settling a transaction initiated prior to death; ▪ is incurred in the distribution or liquidation of the Account; or ▪ occurs in adjusting for the interests of the remaining principals. Each of you declare that your interests in the joint Account are as joint tenants with full rights of survivorship and not as tenants- in-common, except if you are a resident of Quebec, in which case your interests in the joint Account are as tenants-in-common. We shall be protected from all liability in obeying the instructions of the survivor of you respecting the disposition of securities or other property in the Account.