Common use of Debits to Your Account Clause in Contracts

Debits to Your Account. All debits are accumulated daily to your account and are paid to the extent that sufficient funds are available. As an account owner, you are responsible for satisfying all debits on your account, including any debt still owed after all assets have been removed from an account, any interest (at prevailing margin rates) that has accrued on that debt, any late charges arising from your failure to pay for securities transactions in full by the settlement date, and any costs (such as legal fees) that we or The Clearing Firm incur in collecting the debt. When multiple debit items become payable at the same time, these items will be paid in the following order: • Securities transactions (including any margin calls) and any account fees. • Debit card transactions. • Checks written against your account. When settling debits against your account, it is The Clearing Firm’s policy to turn to the following sources (collectively called your “available balance”), in this order: • Any cash available in your account without incurring margin interest charges (including core account balances). • If you have a margin account, any margin credit available. If necessary, we may turn to the following additional sources to settle a debit involving a securities transaction: • Any shares in another money market fund, including any in another non-retirement account with the same registration (which you authorize us to sell for this purpose when you sign the application). • Any securities in this or any other account furnished by us in which you have an interest. Note that in some cases, delays in data transmission between financial institutions could mean that a credit actually received on a given business day may not be reflected in your available balance until the following business day. Interest on any margin debt will accrue beginning the day credit is extended and is subject to the terms of the Margin Agreement. Money market fund shares used to pay debits are redeemed at the Net Asset Value (NAV) in effect at the time (typically $1.00). For disclosures concerning money market funds, see “Money Market Fund Investments” later in this agreement. You will maintain enough assets in your account to satisfy all obligations as they become due, and you authorize us or the Clearing Firm to take whatever steps we or the Clearing Firm may consider necessary to resolve unpaid debts or other obligations If your available balance is not sufficient to satisfy any debt or obligation, we and the Clearing Firm reserve the right to take action as we see fit, including any of the following: • Decline to honor the debit, which may result in fees (such as a returned check fee) or other consequences for you. • If you have a margin account and the unsatisfied debit is for a securities purchase, you authorize us to draw on any available assets in any account you maintain with us as otherwise authorized by law. If you have a margin account, we or the Clearing Firm may transfer to that account any unresolved debit from other accounts you maintain with us. Note that at any time, we or the Clearing Firm may reduce your available balance based on obligations that have been incurred but not yet debited. It is important to understand that we and the Clearing Firm have additional choices for resolving unsatisfied obligations. Like many other securities brokers, we and the Clearing Firm reserve the right to sell, transfer, or otherwise use any assets or other property in which you have an interest — either currently or at any other time — to discharge any obligations you may have to us or the Clearing Firm (including un-matured and contingent obligations), and to do so without further notice or demand. For example, if you have bought securities but not paid for them, we or the Clearing Firm may sell them ourselves and use the proceeds to settle the purchase. We or the Clearing Firm may also use property to satisfy a margin deficiency or other obligation, whether or not we or the Clearing Firm have made advances in connection with this property. This provision extends to any property held by you or carried for any account of yours, including any credit balances, assets, and contracts, as well as shares of any mutual funds or other investment companies for which we, the Clearing Firm, or an affiliate of either one provides management or administrative services. Although we or the Clearing Firm may use other methods when we determine they may be more appropriate, we or the Clearing Firm reserve the right to use the provisions described in this section at any time, except in cases involving retirement accounts when these provisions would conflict with the Employee Retirement Income Security Act of 1974 (“ERISA”) or the Internal Revenue Code of 1986, both as amended. In the event funds or securities are deposited to your account due to an error by us or the Clearing Firm, we reserve the right to debit your account for any such assets. If such funds or securities are subsequently removed by you from your account, we reserve the right to take any action necessary, including legal action, to retrieve assets to which you were not entitled.

Debits to Your Account. All debits are accumulated daily to your account and are paid to the extent that sufficient funds are available. As an account owner, you are responsible for satisfying all debits on your account, including any debt still owed after all assets have been removed from an account, any interest (at prevailing margin rates) that has accrued on that debt, any late charges arising from your failure to pay for securities transactions in full by the settlement date, and any costs (such as legal fees) that we or The Clearing Firm incur in collecting the debt. When multiple debit items become payable at the same time, these items will be paid in the following order: • Securities transactions (including any margin calls) and any account fees. • Debit card transactions. • Checks written against your account. When settling debits against your account, it is The Clearing Firm’s policy to turn to the following sources (collectively called your “available balance”), in this order: • Any cash available in your account without incurring margin interest charges (including core account balances). • If you have a margin account, any margin credit available. If necessary, we may turn to the following additional sources to settle a debit involving a securities transaction: • Any shares in another money market fund, including any in another non-retirement account with the same registration (which you authorize us to sell for this purpose when you sign the application). • Any securities in this or any other account furnished by us in which you have an interest. Note that in some cases, delays in data transmission between financial institutions could mean that a credit actually received on a given business day may not be reflected in your available balance until the following business day. Interest on any margin debt will accrue beginning the day credit is extended and is subject to the terms of the Margin Agreement. Money market fund shares used to pay debits are redeemed at the Net Asset Value (NAV) in effect at the time (typically $1.00). For disclosures concerning money market funds, see “Money Market Fund Investments” later in this agreement. You will maintain enough assets in your account to satisfy all obligations as they become due, and you authorize us or the The Clearing Firm to take whatever steps we or the The Clearing Firm may consider necessary to resolve unpaid debts or other obligations If your available balance is not sufficient to satisfy any debt or obligation, we and the The Clearing Firm reserve the right to take action as we see fit, including any of the following: • Decline to honor the debit, which may result in fees (such as a returned check fee) or other consequences for you. • If you have a margin account and the unsatisfied debit is for a securities purchase, you authorize us to draw on any available assets in any account you maintain with us as otherwise authorized by law. If you have a margin account, we or the The Clearing Firm may transfer to that account any unresolved debit from other accounts you maintain with us. Note that at any time, we or the The Clearing Firm may reduce your available balance based on obligations that have been incurred but not yet debited. It is important to understand that we and the The Clearing Firm have additional choices for resolving unsatisfied obligations. Like many other securities brokers, we and the The Clearing Firm reserve the right to sell, transfer, or otherwise use any assets or other property in which you have an interest — either currently or at any other time — to discharge any obligations you may have to us or the The Clearing Firm (including un-un- matured and contingent obligations), and to do so without further notice or demand. For example, if you have bought securities but not paid for them, we or the The Clearing Firm may sell them ourselves and use the proceeds to settle the purchase. We or the The Clearing Firm may also use property to satisfy a margin deficiency or other obligation, whether or not we or the The Clearing Firm have made advances in connection with this property. This provision extends to any property held by you or carried for any account of yours, including any credit balances, assets, and contracts, as well as shares of any mutual funds or other investment companies for which we, the The Clearing Firm, or an affiliate of either one provides management or administrative services. Although we or the The Clearing Firm may use other methods when we determine they may be more appropriate, we or the The Clearing Firm reserve the right to use the provisions described in this section at any time, except in cases involving retirement accounts when these provisions would conflict with the Employee Retirement Income Security Act of 1974 (“ERISA”) or the Internal Revenue Code of 1986, both as amended. In the event funds or securities are deposited to your account due to an error by us or the Clearing Firm, we reserve the right to debit your account for any such assets. If such funds or securities are subsequently removed by you from your account, we reserve the right to take any action necessary, including legal action, to retrieve assets to which you were not entitled.

Debits to Your Account. All debits are accumulated daily to your account and are paid to the extent that sufficient funds are available. As an account owner, you are responsible for satisfying all debits on your account, including any debt still owed after all assets have been removed from an account, any interest (at prevailing margin rates) that has accrued on that debt, any late charges arising from your failure to pay for securities transactions in full by the settlement date, and any costs (such as legal fees) that we or The Clearing Firm NFS incur in collecting the debt. When multiple debit items become payable at the same time, these items will be paid in the following order: • Securities transactions (including any margin calls) and any account fees. ; • Debit card transactions. ; • Checks written against your account. When settling debits against your account, it is The Clearing FirmNFS’s policy to turn to the following sources (collectively called your “available balance”), ) in this order: • Any cash available in your account without incurring margin interest charges (including both core and income account balances). ; • If you have a margin account, any margin credit available. If necessary, we may turn to the following additional sources to settle a debit involving a securities transaction: ; • Any shares in another money market fund, including any in another non-retirement non−retirement account with the same registration (which you authorize us to sell for this purpose when you sign the application). ; • Any securities in this or any other account furnished by us in which you have an interest. Note that in some cases, delays in data transmission between financial institutions could mean that a credit actually received on a given business day may not be reflected in your available balance until the following business day. Interest on any margin debt will accrue beginning the day credit is extended and is subject to the terms of the attached Margin AgreementAgreement and Disclosure of Credit Terms on Transactions. Money market fund shares used to pay debits are redeemed at the Net Asset Value (NAV) NAV in effect at the time (typically $1.00). For disclosures concerning money market funds, see “Money Market Fund Investments” later in this agreement. You will maintain enough assets in your account to satisfy all obligations as they become due, and you authorize us or the Clearing Firm to take whatever steps we or the Clearing Firm may consider necessary to resolve unpaid debts or other obligations If your available balance is not sufficient to satisfy any debt or obligation, we and the Clearing Firm reserve the right to take action as we see fit, including any of the following: • Decline to honor the debit, which may result in fees (such as a returned check fee) or other consequences for you. • If you have a margin account and the unsatisfied debit is for a securities purchase, you authorize us to draw on any available assets in any account you maintain with us as otherwise authorized by law. If you have a margin account, we or the Clearing Firm may transfer to that account any unresolved debit from other accounts you maintain with us. Note that at any time, we or the Clearing Firm may reduce your available balance based on obligations that have been incurred but not yet debited. It is important to understand that we and the Clearing Firm have additional choices for resolving unsatisfied obligations. Like many other securities brokers, we and the Clearing Firm reserve the right to sell, transfer, or otherwise use any assets or other property in which you have an interest — either currently or at any other time — to discharge any obligations you may have to us or the Clearing Firm (including un-matured and contingent obligations), and to do so without further notice or demand. For example, if you have bought securities but not paid for them, we or the Clearing Firm may sell them ourselves and use the proceeds to settle the purchase. We or the Clearing Firm may also use property to satisfy a margin deficiency or other obligation, whether or not we or the Clearing Firm have made advances in connection with this property. This provision extends to any property held by you or carried for any account of yours, including any credit balances, assets, and contracts, as well as shares of any mutual funds or other investment companies for which we, the Clearing Firm, or an affiliate of either one provides management or administrative services. Although we or the Clearing Firm may use other methods when we determine they may be more appropriate, we or the Clearing Firm reserve the right to use the provisions described in this section at any time, except in cases involving retirement accounts when these provisions would conflict with the Employee Retirement Income Security Act of 1974 (“ERISA”) or the Internal Revenue Code of 1986, both as amended. In the event funds or securities are deposited to your account due to an error by us or the Clearing Firm, we reserve the right to debit your account for any such assets. If such funds or securities are subsequently removed by you from your account, we reserve the right to take any action necessary, including legal action, to retrieve assets to which you were not entitled.