Common use of Electronic Delivery of Information; Electronic Processing of Subscriptions Clause in Contracts

Electronic Delivery of Information; Electronic Processing of Subscriptions. 21.20.1 Pursuant to the Managing Broker Dealer Agreement, the Issuer has agreed to confirm all orders for the purchase of Securities accepted by the Issuer. In addition, the Issuer, the Managing Broker Dealer and/or third parties engaged by the Issuer or the Managing Broker Dealer may, from time to time, provide to the Introducing RIA copies of investor letters, annual reports and other communications provided to the Issuer investors. The Introducing RIA agrees that, to the extent practicable and permitted by law, all confirmations, statements, communications and other information provided to or from the Issuer, the Managing Broker Dealer, the Introducing RIA and/or their agents or customers may be provided electronically, as a preference but not as a requirement. 21.20.2 With respect to Securities held through custodial accounts, the Introducing RIA agrees and acknowledges that to the extent practicable and permitted by law, all confirmations, statements, communications and other information provided from the Issuer, the Managing Broker Dealer and/or their agents to Issuer investors may be provided solely to the custodian that is the registered owner of the Securities, rather than to the beneficial owners of the Securities. In such case it shall be the responsibility of the custodian to distribute the information to the beneficial owners of Securities. 21.20.3 The Introducing RIA agrees and acknowledges that the Managing Broker Dealer may, as a preference but not as a requirement, use an electronic platform to process subscriptions, including but not limited to the Depository Trust Company (DTC) model. If an electronic platform is used, the Introducing RIA agrees to cooperate with the processing of subscriptions through such an electronic platform if reasonably practical.

Electronic Delivery of Information; Electronic Processing of Subscriptions. 21.20.1 17.1 Pursuant to the Managing Broker Dealer this Agreement, the Issuer has agreed to confirm all orders for the purchase of the Securities accepted by the Issuer. In addition, the Issuer, the Managing Broker Dealer Issuer and/or third parties engaged by the Issuer or the Managing Broker Dealer may, from time to time, provide to the Introducing RIA Dealer copies of investor Issuer letters, annual reports and other communications provided to the Issuer investorsholders of the Securities. The Introducing RIA Dealer agrees that, to the extent practicable and permitted by law, all confirmations, statements, communications and other information provided to or from the Issuer, the Managing Broker Dealer, the Introducing RIA Dealer and/or their agents or customers may be provided electronically, as a preference but not as a requirement. 21.20.2 17.2 With respect to the Securities held through custodial accounts, the Introducing RIA Dealer agrees and acknowledges that to the extent practicable and permitted by law, all confirmations, statements, communications and other information provided from the Issuer, the Managing Broker Dealer Issuer and/or their its agents to Issuer investors the holders of the Securities may be provided solely to the custodian that is the registered owner of the Securities, rather than to the beneficial owners of the Securities. In such case case, it shall be the responsibility of the custodian to distribute the information to the beneficial owners of the Securities. 21.20.3 17.3 The Introducing RIA Dealer agrees and acknowledges that the Managing Broker Dealer may, as a preference but not as a requirement, may use an electronic platform to process subscriptions, including but not limited to to, the Depository Trust Company (DTC) model. If an electronic platform is used, the Introducing RIA Dealer agrees to cooperate with the processing of subscriptions through such an electronic platform if reasonably practical.