Common use of FEES AND CHARGES; ACCOUNT RELATED COSTS Clause in Contracts

FEES AND CHARGES; ACCOUNT RELATED COSTS. JPMS may charge commissions and other fees in respect of Clearing Transactions, custody or any other services furnished to you (collectively, “Service Fees”), and you shall pay such Service Fees at JPMS then-prevailing rates unless otherwise agreed in writing. Unless otherwise agreed with you in writing, such Service Fees may be changed from time to time, upon prior written notice. With respect to any short sale transactions in securities that are or become hard-to-borrow, your account also may be charged a borrow fee, which may be imposed or increased from time to time in light of changing market conditions, with notice to you (which in certain instances may not be prior notice) and you agree to pay such borrow fees at XX Xxxxxx’x then-prevailing rates. XX Xxxxxx reserves the right to impose minimum Service Fees on inactive accounts. Reasonable out-of-pocket expenses incurred by XX Xxxxxx in the performance of its services hereunder and all other charges and disbursements incurred or made by XX Xxxxxx in connection with your Accounts shall be paid by you. You will pay any applicable value added tax and such other taxes, duties and fees as are applicable to Activities in your Accounts entered into by you. If you are required by law to make any deduction or withholding from any payment due hereunder, you shall pay to us simultaneously with making such payment an additional amount as may be necessary in order for the total amount received by us after all deductions and withholdings to be equal to the amount which we would have received had no deduction or withholding been made. Any and all taxes, including any interest and penalties with respect thereto, which may be levied or assessed under present or future laws upon or in respect to your Accounts or upon or in respect of income thereof shall be paid by you. All such Service Fees, charges, expenses, disbursements and taxes as described above may be deducted by XX Xxxxxx from your Accounts.

FEES AND CHARGES; ACCOUNT RELATED COSTS. JPMS may charge commissions and other fees in respect of Clearing Transactions, custody or any other services furnished to you (collectively, “Service Fees”), and you shall pay such Service Fees at JPMS then-prevailing rates unless otherwise agreed in writing. Unless otherwise agreed with you in writing, such Service Fees may be changed from time to time, upon prior written notice. With respect to any short sale transactions in securities that are or become hard-to-borrow, your account also may be charged a borrow fee, which may be imposed or increased from time to time in light of changing market conditions, with notice to you (which in certain instances may not be prior notice) and you agree to pay such borrow fees at XX Xxxxxx’x then-prevailing rates. XX Xxxxxx reserves the right to impose minimum Service Fees on inactive accounts. Reasonable out-of-pocket expenses incurred by XX Xxxxxx in the performance of its services hereunder and all other charges and disbursements incurred or made by XX Xxxxxx in connection with your Accounts shall be paid by you. You will pay any applicable value added tax and such other taxes, duties and fees as are applicable to Activities in your Accounts entered into by you. If you are required by law to make any deduction or withholding from any payment due hereunder, you shall pay to us simultaneously with making such payment an additional amount as may be necessary in order for the total amount received by us after all deductions and withholdings to be equal to the amount which we would have received had no deduction or withholding been made. Any and all taxes, including any interest and penalties with respect thereto, which may be levied or assessed under present or future laws upon or in respect to your Accounts or upon or in respect of income thereof shall be paid by you. All such Service Fees, charges, expenses, disbursements and taxes as described above may be deducted by XX Xxxxxx from your Accounts. 9. ACTIVITY REPORTS; CONFIRMATIONS; ACCOUNT STATEMENTS. Activity reports relating to Activities in your Accounts shall be conclusive and binding if not objected to within two days after being made available or provided to you by XX Xxxxxx, electronically or otherwise. Information relating to such Activities that is contained in confirmations and account statements, to the extent not included in such activity reports, shall be conclusive if not objected to in writing within three days (in the case of confirmations) and ten days (in the case of account statements), after transmission to you by mail or otherwise.

FEES AND CHARGES; ACCOUNT RELATED COSTS. JPMS XX Xxxxxx may charge commissions and other fees in respect of Clearing Transactions, custody or any other services furnished to you (collectively, “Service Fees”), and you shall pay such Service Fees at JPMS XX Xxxxxx’x then-prevailing rates unless otherwise agreed in writing. Unless otherwise agreed with you in writing, such Service Fees may be changed from time to time, upon prior written notice. With respect to any short sale transactions in securities that are or become hard-to-borrow, your account also may be charged an amount equal to the sum of (a) the costs and expenses incurred by XX Xxxxxx and (b) a Service Fee in connection with the establishment and/or maintenance of your short positions in that security (together, “Short Sale Charges”). A security is or becomes hard-to-borrow feewhen increased short selling in that security in the market causes an increase in demand to borrow the security, which in turn causes an increase in the cost and expense to XX Xxxxxx in establishing and/or maintaining a short position in such security for your account. Short Sale Charges may be disclosed to you at the time a short position is established or may be imposed or increased from time to time in light of changing market conditions, with notice to you (which in certain instances may not be prior notice) and you agree to pay such borrow fees Short Sale Charges at XX Xxxxxx’x then-prevailing rates. XX Xxxxxx reserves the right to impose minimum Service Fees on inactive accounts. Reasonable outOut-of-pocket expenses incurred by XX Xxxxxx in the performance of its services hereunder and all other charges and disbursements incurred or made by XX Xxxxxx in connection with your Accounts Activities shall be paid by you. You will pay any applicable value added tax and such other taxes, duties and fees as are applicable to Activities in your Accounts entered into by you. If you are required by law to make any deduction or withholding from any payment due under any Activity or hereunder, you shall pay to us simultaneously with making such payment an additional amount as may be necessary in order for the total amount received by us after all deductions and withholdings to be equal to the amount which we would have received had no deduction or withholding been made. Any and all taxes, including any interest and penalties with respect thereto, which may be levied or assessed under present or future laws upon or in respect to your Accounts accounts, Activities or upon or in respect of income thereof shall be paid by youyou provided however, that no such additional amounts shall be paid with respect to taxes imposed on or measured by XX Xxxxxx’x net income. All such Service Fees, charges, expenses, disbursements and taxes as described above may be deducted by XX Xxxxxx from your Accountsaccounts.

FEES AND CHARGES; ACCOUNT RELATED COSTS. JPMS XX Xxxxxx may charge commissions and other fees in respect of Clearing Transactions, custody or any other services furnished to you (collectively, “Service Fees”), and you shall pay such Service Fees at JPMS XX Xxxxxx’x then-prevailing rates unless otherwise agreed in writing. Unless otherwise agreed with you in writing, such Service Fees may be changed from time to time, upon prior written notice. With respect to any short sale transactions in securities that are or become hard-to-borrow, your account also may be charged an amount equal to the sum of (a) the costs and expenses incurred by XX Xxxxxx and (b) a Service Fee in connection with the establishment and/or maintenance of your short positions in that security (together, “Short Sale Charges”). A security is or becomes hard-to-borrow feewhen increased short selling in that security in the market causes an increase in demand to borrow the security, which in turn causes an increase in the cost and expense to XX Xxxxxx in establishing and/or maintaining a short position in such security for your account. Short Sale Charges may be disclosed to you at the time a short position is established or may be imposed or increased from time to time in light of changing market conditions, with notice to you (which in certain instances may not be prior notice) and you agree to pay such borrow fees Short Sale Charges at XX Xxxxxx’x then-prevailing rates. XX Xxxxxx reserves the right to impose minimum Service Fees on inactive accounts. Reasonable outOut-of-pocket expenses incurred by XX Xxxxxx in the performance of its services hereunder and all other charges and disbursements incurred or made by XX Xxxxxx in connection with your Accounts Activities shall be paid by you. You will pay any applicable value added tax and such other taxes, duties and fees as are applicable to Activities in your Accounts entered into by you. If you are required by law to make any deduction or withholding from any payment due under any Activity or hereunder, you shall pay to us simultaneously with making such payment an additional amount as may be necessary in order for the total amount received by us after all deductions and withholdings to be equal to the amount which we would have received had no deduction or withholding been made. Any and all taxes, including any interest and penalties with respect thereto, which may be levied or assessed under present or future laws upon or in respect to your Accounts accounts, Activities or upon or in respect of income thereof shall be paid by you. All such Service Fees, charges, expenses, disbursements and taxes as described above may be deducted by XX Xxxxxx from your Accountsaccounts.