Common use of Dividends, Interest, and Subscription Rights Clause in Contracts

Dividends, Interest, and Subscription Rights. Betterment Securities will receive periodic payments, such as dividends and interest, on Client’s behalf. Pursuant to orders placed by Betterment as part of the Program, dividends will be reinvested automatically in the investment products available through the Program, which will increase the Account’s share position in those securities. Client understands the automatic dividend reinvestment policies described herein, and consents to such automatic dividend reinvestment policies.

Appears in 11 contracts

Samples: Advisory Agreement, Advisory Agreement, Advisory Agreement

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