Common use of Effectivity Clause in Contracts

Effectivity. This Agreement shall take effect upon the date of signing, as indicated below. This Agreement shall inure in favor of your successors and assigns and shall continue until a signed notice of revocation is received. I shall be deemed to have read, understood and agreed to be bound by these Terms and Conditions. CONFORME: Customer Signature over Printed Name Customer Signature over Printed Name Date Annex: A FEES AND CHARGES I. PURCHASE: FEES AND CHARGES PESO ACCOUNT DOLLAR DENOMINATED SECURITIES ACCOUNT A. COMMISSION 1. Online Trading 0.25% of the gross value or Php20 per trade whichever is higher. 0.25% of the gross value. or $0.50 per trade whichever is higher 2. Broker Assisted Orders 0.75% of the gross value per trade or Php150 per day of activity whichever is higher. 0.50% of the gross value per trade or $3.00 per day of activity whichever is higher. B. Value Added Tax 12% of the Commission 12% of the Commission C. PSE Transaction Fee 0.005% of the gross trade value 0.005% of the gross trade value D. SCCP Charges 0.01% of the gross trade value. 0.01% of the gross trade value. E. Bank Transfer Charges (PDDTS) N/A Actual fees varies per bank II. SALE: FEES AND CHARGES PESO ACCOUNT DOLLAR DENOMINATED SECURITIES ACCOUNT A. COMMISSION 1. Online Trading 0.25% of the gross value or Php20 per trade whichever is higher. 0.25% of the gross value. or $0.50 per trade whichever is higher 2. Broker Assisted Orders 0.75% of the gross value per trade or Php150 per day of activity whichever is higher. 0.50% of the gross value per trade or $3.00 per day of activity whichever is higher. B. Value Added Tax 12% of the Commission 12% of the Commission C. PSE Transaction Fee 0.005% of the gross trade value 0.005% of the gross trade value D. SCCP Charges 0.01% of the gross trade value. 0.01% of the gross trade value. E. Sales Transaction Tax 0.6% of the gross trade value 0.6% of the gross trade value F. Bank Transfer Charges (PDDTS) N/A Actual fees varies per bank i. OTHERS (APPLICABLE TO PESO AND DDS ACCOUNT):

Effectivity. This Agreement shall take effect upon the date your approval of signing, as indicated belowmy/our account opening application. This Agreement shall inure in favor of your successors and assigns and shall continue until a signed notice the closure of revocation is receivedmy/our Account. I I/We shall be deemed to have read, understood understood, and agreed to be bound by these Terms and Conditions. CONFORME: Customer Signature over Printed Name Customer Signature over Printed Name Date Annex: A FEES AND CHARGES I. PURCHASE: FEES AND CHARGES PESO ACCOUNT DOLLAR DENOMINATED SECURITIES ACCOUNT A. COMMISSION 1. Online Trading 0.25% of the gross value or Php20 per trade whichever is higher. 0.25% of the gross value. or $0.50 per trade whichever is higher 2. Broker Assisted Orders 0.75% of the gross value per trade or Php150 per day of activity whichever is higher. 0.50% of the gross value per trade or $3.00 per day of activity whichever is higher. B. Value Added Tax 12% of the Commission 12% of the Commission C. PSE Transaction Fee 0.005% of the gross trade value 0.005% of the gross trade value D. SCCP Charges 0.01% of the gross trade value. 0.01% of the gross trade value. E. Bank Transfer Charges (PDDTS) N/A Actual fees varies per bank II. SALE: FEES AND CHARGES PESO ACCOUNT DOLLAR DENOMINATED SECURITIES ACCOUNT A. COMMISSION 1. Online Trading 0.25% of the gross value or Php20 per trade whichever is higher. 0.25% of the gross value. or $0.50 per trade whichever is higher 2. Broker Assisted Orders 0.75% of the gross value per trade or Php150 per day of activity whichever is higher. 0.50% of the gross value per trade or $3.00 per day of activity whichever is higher. B. Value Added Tax 12% of the Commission 12% of the Commission C. PSE Transaction Fee 0.005% of the gross trade value 0.005% of the gross trade value D. SCCP Charges 0.01% of the gross trade value. 0.01% of the gross trade value. E. Sales Transaction Tax 0.6% of the gross trade value 0.6% of the gross trade value F. Bank Transfer Charges (PDDTS) N/A Actual fees varies per bank i. OTHERS (APPLICABLE TO PESO AND DDS ACCOUNT):