Common use of Interest Charges Clause in Contracts

Interest Charges. Apex Clearing will charge interest on a daily basis on the credit extended to you. The daily interest charges are calculated by multiplying your "daily adjusted debit balance" by the "daily margin interest rate." Generally speaking, your daily adjusted debit balance is the actual settled debit balance in your Margin and Short Account, increased by the value of securities held short and reduced by the amount of any settled credit balance carried in your Cash Account. Apex Clearing calculates your daily-adjusted debit balance each day by adjusting your previous day's balance by any debits and credits to your account and by changes in the value of short positions. If your daily-adjusted debit balance is reduced because you deposit a check or other item that is later returned to Apex Clearing unpaid, Apex Clearing may adjust your account to reflect interest charges you have incurred. Apex Clearing reserves the right to charge interest on debit balances in the Cash Account. Periodically, Apex Clearing will send you a comprehensive statement showing the activity in your account, including applicable interest charges, interest rates and adjusted daily debit balances. Daily Margin Interest Rate The "daily margin interest rate" is based on a 360-day year. It is calculated for each day by dividing the applicable margin interest rate shown in the table below by 360. Note that the use of a 360-day year results in a higher effective rate of interest than if a year of 365 days were used. Apex Clearing sets the Base Rate at its discretion with reference to commercially recognized interest rates, industry conditions relating to the extension of margin credit and general credit market conditions. Your margin interest rate will be adjusted automatically and without notice to reflect any change in the Base Rate. If your interest rate increases for any reason other than a change in the Base Rate, Apex Clearing will give you written notice at least 30 days prior to that change. Compounding Interest Charges Apex Clearing compounds interest on a daily basis. Interest charges will accrue to your account each day. Apex Clearing will include the charges in the next day's opening debit balance and charge interest accordingly. The interest rates described above do not reflect compounding of unpaid interest charges; the effective interest rate, taking into effect such compounding, will be higher. Initial Margin Requirements The Federal Reserve Board and various stock exchanges determine margin loan rules and regulations. When you purchase securities on margin, you agree to depos it the required initial equity by the settlement date and to maintain your equity at the required levels. The maximum amount Apex Clearing currently may loan for common stock (equity) securities is 50% of the value of marginable securities purchased in your Margin and Short Account; different requirements apply to nonequity securities, such as bonds or options. If the market value of stock held as collateral increases after you have met the initial margin requirements, your available credit may increase proportionately. Conversely, if the market value decreases, your available credit may proportionately decrease. Initial margin requirements may change without prior notice. Apex Clearing may impose anytime and without prior notice more stringent requirements on positions that in our sole discretion involve higher levels of risk; for example, higher limits may apply for thinly traded, speculative or volatile securities, or concentrated positions of securities. You may purchase only certain securities on margin or use them as collateral in your Margin and Short Account. Most stocks traded on national securities exchanges, and some over-the-counter (OTC) securities are marginable. At our discretion, Apex Clearing reserves the right not to extend credit on any security. Equity securities with a market value of less than $3 per share may not be purchased on margin or deposited as margin collateral. If the market value of a security drops below $3.00 per share, the security will not be assigned any value as collateral to secure your margin obligations. Margin Maintenance Requirements You must maintain a minimum amount of equity in your account to collateralize your outstanding loans and other obligations. Margin maintenance requirements are set: ▪ By the rules and regulations of the New York Stock Exchange, the American Stock Exchange, and other regulatory agencies to the jurisdiction of which Apex Clearing are subject; and ▪ According to our sole discretion and judgment You agree to maintain in your Margin and Short Account collateral of the type and amount required by: ▪ Applicable exchange rules and federal regulations ▪ Our Disclosure of Credit Terms and Policies; or ▪ As required by Apex Clearing, at Apex Clearing’s discretion Margin maintenance requirements may change without prior notice. Apex Clearing may issue a "margin call" (that is, a notification to deposit additional collateral) if your account equity falls below the margin maintenance requirement. This can happen for various reasons. The most common reasons are a decrease in the value of long securities held as collateral or an increase in the value of securities held short. As a general guideline and when it is practicable to do so, Apex Clearing may (but is not required to) issue a margin call when the equity in your Margin and Short Account falls below a predetermined percentage of the market value of assets at risk (that is, the sum of the market values of the long and short equity security positions) in your Margin and Short Account. The amount of additional collateral Apex Clearing requires usually is an amount sufficient to raise your equity to minimum standards. For information on the current equity requirements, please contact Apex. Apex Clearing retains absolute discretion to determine whether, when and in what amounts Apex Clearing will require additional collateral. In some situations, Apex Clearing may find it necessary to require a higher level of equity in your account. For example, Apex Clearing may require additional collateral if an account contains: ▪ Only one security or a large concentration of one or more securities; or ▪ Low-priced, thinly traded, or volatile securities; or if ▪ Some of your collateral is or becomes restricted or non-negotiable or non- marginable Apex Clearing also may consider market conditions and your financial resources. CUSTOMER ACCOUNT AGREEMENT This Customer Account Agreement (the “Agreement”) sets forth the respective rights and obligations of Apex Clearing Corporation (“you” or “your” or “Apex”) and the Customer’s (as defined below) brokerage firm (the “Introducing Broker”), and the customer(s) identified on the New Account Application (the “Customer”) in connection with the Customer’s brokerage account with the Introducing Broker (“the Account”). The Customer hereby agrees as follows with respect to the Account, which the Customer has established with the Introducing Broker for the purchase, sale or carrying of securities or contracts relating thereto and/or the borrowing of funds, which transactions are cleared through you. To help the government fight the funding of terrorism and money laundering, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. In order to open an account, the Customer will provide information that will allow you to identify the Customer including, but not limited to, the Customer’s name, address, date of birth, and the Customer’s driver’s license or other identifying documents.

Interest Charges. Apex Clearing will charge interest on a daily basis on the credit extended it extends to you. The rate of interest charged by Apex is set by us and can be found at xxxxx://xxx.xxxxxxxxx.xxx/content/en- us/pricing/marginrate. The daily interest charges are calculated by multiplying your "daily adjusted debit balance" by the "daily margin interest rate." Generally speaking, your daily adjusted debit balance is the actual settled debit balance in your Margin and Short Account, increased by the value of securities held short and reduced by the amount of any settled credit balance carried in your Cash Account. Apex Clearing calculates your Your daily-adjusted debit balance is calculated each day by adjusting your previous day's balance by any debits and credits to your account and by changes in the value of short positions. If your daily-adjusted debit balance is reduced because you deposit a check or other item that is later returned to Apex Clearing us unpaid, Apex Clearing may adjust your account may be adjusted to reflect interest charges you have incurred. Apex Clearing reserves the right to charge interest on debit balances in the Cash Account. Periodically, we or Apex Clearing will send you a comprehensive statement showing the activity in your account, including applicable interest charges, interest rates and adjusted daily debit balances. Daily Please read clearing firm, Apex Clearing Corporation’s Margin Interest Rate Disclosure Statement for additional margin information and credit terms & policies. MARGIN DISCLOSURE STATEMENT The "daily margin interest rate" is based on a 360-day year. It is calculated for each day by dividing the applicable margin interest rate shown in is the table below by 360. Note that the use of a 360-day year results in a higher effective rate of interest than if a year of 365 days were used. Apex Clearing sets the Base Rate at its discretion with reference to commercially recognized interest rates, industry conditions relating to the extension of margin credit and general credit market conditionsfor all daily adjusted debit balances as communicated above. Your margin interest rate will be adjusted automatically and without notice to reflect any change in the Base Ratebase rate. If your interest rate increases for any reason other than a change in the Base Ratebase rate, we or Apex Clearing will give you written notice at least 30 days prior to that change. Compounding Interest Charges Apex Clearing Charges. Interest compounds interest on a daily monthly basis. Interest charges will accrue to your account each daymonth. Apex Clearing will include the charges in the next day's opening debit balance and charge interest accordinglybalance. The interest rates described above do not reflect compounding of unpaid interest charges; the effective interest rate, taking into effect such compounding, will be higher. Initial Margin Requirements Requirements. The Federal Reserve Board and various stock exchanges determine margin loan rules and regulations. When you purchase securities on margin, you agree to depos it deposit the required initial equity by the settlement date and to maintain your equity at the required levels. The maximum amount Apex Clearing we currently may loan for common stock (equity) securities is 50% of the value of marginable securities purchased in your Margin and Short Account; different requirements apply to nonequity non-equity securities, such as bonds or options. If the market value of stock held as collateral increases after you have met the initial margin requirements, your available credit may increase proportionately. Conversely, if the market value decreases, your available credit may proportionately decrease. Initial margin requirements may change without prior notice. Apex Clearing may impose anytime and without prior notice more stringent requirements on positions that in our its sole discretion involve higher levels of risk; for example, higher limits may apply for thinly traded, speculative or volatile securities, or concentrated positions of securities. You may purchase only certain securities on margin or use them as collateral in your Margin and Short Account. Most stocks traded on national securities exchanges, and some over-the-counter (OTC) securities are marginable. At our Apex’s discretion, Apex Clearing it reserves the right not to extend credit on any security. Equity securities with a market value of less than $3 per share may not be purchased on margin or deposited as margin collateral. If the market value of a security drops below $3.00 3 per share, the security will not be assigned any value as collateral to secure your margin obligations. Margin Maintenance Requirements You must maintain a minimum amount of equity in your account to collateralize your outstanding loans and other obligations. Margin maintenance requirements are set: ▪ By the rules and regulations of the New York Stock Exchange, the American Stock Exchange, and other regulatory agencies to the jurisdiction of which Apex Clearing are subject; and ▪ According to our sole discretion and judgment You agree to maintain in your Margin and Short Account collateral of the type and amount required by: ▪ Applicable exchange rules and federal regulations ▪ Our Disclosure of Credit Terms and Policies; or ▪ As required by Apex Clearing, at Apex Clearing’s discretion Margin maintenance requirements may change without prior notice. Apex Clearing may issue a "margin call" (that is, a notification to deposit additional collateral) if your account equity falls below the margin maintenance requirement. This can happen for various reasons. The most common reasons are a decrease in the value of long securities held as collateral or an increase in the value of securities held short. As a general guideline and when it is practicable to do so, Apex Clearing may (but is not required to) issue a margin call when the equity in your Margin and Short Account falls below a predetermined percentage of the market value of assets at risk (that is, the sum of the market values of the long and short equity security positions) in your Margin and Short Account. The amount of additional collateral Apex Clearing requires usually is an amount sufficient to raise your equity to minimum standards. For information on the current equity requirements, please contact Apex. Apex Clearing retains absolute discretion to determine whether, when and in what amounts Apex Clearing will require additional collateral. In some situations, Apex Clearing may find it necessary to require a higher level of equity in your account. For example, Apex Clearing may require additional collateral if an account contains: ▪ Only one security or a large concentration of one or more securities; or ▪ Low-priced, thinly traded, or volatile securities; or if ▪ Some of your collateral is or becomes restricted or non-negotiable or non- marginable Apex Clearing also may consider market conditions and your financial resources. CUSTOMER ACCOUNT AGREEMENT This Customer Account Agreement (the “Agreement”) sets forth the respective rights and obligations of Apex Clearing Corporation (“you” or “your” or “Apex”) and the Customer’s (as defined below) brokerage firm (the “Introducing Broker”), and the customer(s) identified on the New Account Application (the “Customer”) in connection with the Customer’s brokerage account with the Introducing Broker (“the Account”). The Customer hereby agrees as follows with respect to the Account, which the Customer has established with the Introducing Broker for the purchase, sale or carrying of securities or contracts relating thereto and/or the borrowing of funds, which transactions are cleared through you. To help the government fight the funding of terrorism and money laundering, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. In order to open an account, the Customer will provide information that will allow you to identify the Customer including, but not limited to, the Customer’s name, address, date of birth, and the Customer’s driver’s license or other identifying documents.

Interest Charges. Apex Clearing We will charge interest on a daily basis on the credit extended we extend to you. The daily interest charges are calculated by multiplying your "daily adjusted debit balance" by the "daily margin interest rate." Generally speaking, your daily adjusted debit balance is the actual settled debit balance in your Margin and a nd Short Account, increased i ncreased by the value of securities held short and a nd reduced by the amount of any a ny settled credit balance carried ca rried in your Cash Account. Apex Clearing calculates We calculate your daily-adjusted debit balance each day by adjusting your previous day's balance by any debits and credits to your account and by changes in the value of short positions. If your daily-adjusted debit balance is reduced because you deposit a check or other item that is later returned to Apex Clearing us unpaid, Apex Clearing we may adjust your account to reflect interest charges you have incurred. Apex Clearing reserves We reserve the right to charge interest on debit balances in the Cash Account. Periodically, Apex Clearing we will send you a comprehensive statement showing the activity in your account, including applicable interest charges, interest rates and adjusted daily debit balances. 69406P-UIMD 07/13/2018 Daily Margin Interest Rate Rate. The "daily margin interest rate" is based on a 360-day year. It is calculated for each day by dividing the applicable base margin interest rate shown in the table below ra te by 360. Note that the use of a 360-day year results in a higher effective rate of interest than if a year of 365 days were used. Apex Clearing sets The applicable margin interest rate is the Base Rate at its discretion with reference to commercially recognized interest rates, industry conditions relating to the extension of margin credit and general credit market conditionsbase rate for a xx xxxxx adjusted debit balances. Your margin interest rate will be adjusted automatically and without notice to reflect any change in the Base Rate. If your interest rate increases for any reason other than a change in the Base Rate, Apex Clearing we will give you written wri tten notice at least 30 days days' prior to that change. Compounding Interest Charges Apex Clearing compounds interest Charges. We compound i nterest on a daily basis. Interest charges will accrue to your account each day. Apex Clearing We will include the charges in the next day's opening debit balance and charge interest accordingly. The interest i nterest rates described above descri bed a xxxx do not reflect compounding of unpaid interest charges; the effective interest rate, taking into effect such compounding, will be higher. Initial Margin Requirements Requirements. The Federal Reserve Board and various stock exchanges determine margin loan rules and a nd regulations. When you purchase securities on margin, you agree to depos it deposit the required initial equity by the settlement date and to maintain your equity e quity at the required levels. The maximum amount Apex Clearing we currently may loan for common stock (equity) securities is 50% of the value of marginable securities purchased in your Margin and Short Account; different requirements apply to nonequity non-equity securities, such as bonds or options. If the market value of stock held as collateral increases after you have met the initial margin requirements, your available credit may increase proportionately. Conversely, if the market value decreases, your available credit may proportionately decrease. Initial margin requirements may change without prior notice. Apex Clearing We may impose anytime a nytime and without prior notice more stringent requirements on positions that in our sole discretion involve higher levels of riskri sk; for example, higher limits may apply for thinly traded, speculative or volatile securities, or concentrated positions of securities. You may purchase only certain securities on margin or use them as collateral in your Margin and Short Account. Most stocks traded on national securities exchanges, and some over-the-counter (OTC) securities are marginable. At our discretion, Apex Clearing reserves we reserve the right not to extend credit on any security. Equity securities with a market value of less than $3 per share may not be purchased on margin or deposited as margin collateral. If the market value of a security drops below $3.00 3 per share, the security will not be assigned any value as collateral to secure your margin obligations. Margin Maintenance Requirements You must maintain a minimum amount of equity in your account to collateralize your outstanding loans and other obligations. Margin maintenance requirements are set: ▪ By the rules and regulations of the New York Stock Exchange, the American Stock Exchange, and other regulatory agencies to the jurisdiction of which Apex Clearing are subject; and ▪ According to our sole discretion and judgment You agree to maintain in your Margin and Short Account collateral of the type and amount required by: ▪ Applicable exchange rules and federal regulations ▪ Our Disclosure of Credit Terms and Policies; or ▪ As required by Apex Clearing, at Apex Clearing’s discretion Margin maintenance requirements may change without prior notice. Apex Clearing may issue a "margin call" (that is, a notification to deposit additional collateral) if your account equity falls below the margin maintenance requirement. This can happen for various reasons. The most common reasons are a decrease in the value of long securities held as collateral or an increase in the value of securities held short. As a general guideline and when it is practicable to do so, Apex Clearing may (but is not required to) issue a margin call when the equity in your Margin and Short Account falls below a predetermined percentage of the market value of assets at risk (that is, the sum of the market values of the long and short equity security positions) in your Margin and Short Account. The amount of additional collateral Apex Clearing requires usually is an amount sufficient to raise your equity to minimum standards. For information on the current equity requirements, please contact Apex. Apex Clearing retains absolute discretion to determine whether, when and in what amounts Apex Clearing will require additional collateral. In some situations, Apex Clearing may find it necessary to require a higher level of equity in your account. For example, Apex Clearing may require additional collateral if an account contains: ▪ Only one security or a large concentration of one or more securities; or ▪ Low-priced, thinly traded, or volatile securities; or if ▪ Some of your collateral is or becomes restricted or non-negotiable or non- marginable Apex Clearing also may consider market conditions and your financial resources. CUSTOMER ACCOUNT AGREEMENT This Customer Account Agreement (the “Agreement”) sets forth the respective rights and obligations of Apex Clearing Corporation (“you” or “your” or “Apex”) and the Customer’s (as defined below) brokerage firm (the “Introducing Broker”), and the customer(s) identified on the New Account Application (the “Customer”) in connection with the Customer’s brokerage account with the Introducing Broker (“the Account”). The Customer hereby agrees as follows with respect to the Account, which the Customer has established with the Introducing Broker for the purchase, sale or carrying of securities or contracts relating thereto and/or the borrowing of funds, which transactions are cleared through you. To help the government fight the funding of terrorism and money laundering, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. In order to open an account, the Customer will provide information that will allow you to identify the Customer including, but not limited to, the Customer’s name, address, date of birth, and the Customer’s driver’s license or other identifying documents.

Interest Charges. Apex Clearing will charge interest Holder shall pay “Interest Charges” on Holder’s Account as shown on Holder’s Statements, for each Billing Period in which there is a daily basis Cash Advance, Balance Transfer or a previous balance listed on the credit extended to you. The daily interest charges are calculated by multiplying your "daily adjusted debit balance" by the "daily margin interest rate." Generally speaking, your daily adjusted debit balance is the actual settled debit balance in your Margin and Short Account, increased by the value of securities held short and reduced by the amount of any settled credit balance carried in your Cash Account. Apex Clearing calculates your daily-adjusted debit balance each day by adjusting your previous day's balance by any debits and credits to your account and by changes in the value of short positions. If your daily-adjusted debit balance is reduced because you deposit a check or other item that is later returned to Apex Clearing unpaid, Apex Clearing may adjust your account to reflect interest charges you have incurred. Apex Clearing reserves the right to charge interest on debit balances in the Cash Account. Periodically, Apex Clearing will send you a comprehensive statement showing the activity in your account, including applicable interest charges, interest rates and adjusted daily debit balances. Daily Margin Interest Rate The "daily margin interest rate" is based on a 360-day year. It is calculated for each day by dividing the applicable margin interest rate shown in the table below by 360. Note that the use of a 360-day year results in a higher effective rate of interest than if a year of 365 days were used. Apex Clearing sets the Base Rate at its discretion with reference to commercially recognized interest rates, industry conditions relating to the extension of margin credit and general credit market conditions. Your margin interest rate will be adjusted automatically and without notice to reflect any change in the Base Rate. If your interest rate increases for any reason other than a change in the Base Rate, Apex Clearing will give you written notice at least 30 days prior to that change. Compounding Interest Charges Apex Clearing compounds interest on a daily basis. Interest charges will accrue to your account each day. Apex Clearing will include the charges in the next day's opening debit balance and charge interest accordingly. The interest rates described above do not reflect compounding of unpaid interest charges; the effective interest rate, taking into effect such compounding, will be higher. Initial Margin Requirements The Federal Reserve Board and various stock exchanges determine margin loan rules and regulations. When you purchase securities on margin, you agree to depos it the required initial equity by the settlement date and to maintain your equity at the required levels. The maximum amount Apex Clearing currently may loan for common stock (equity) securities is 50% of the value of marginable securities purchased in your Margin and Short Account; different requirements apply to nonequity securities, such as bonds or options. If the market value of stock held as collateral increases after you have met the initial margin requirements, your available credit may increase proportionately. Conversely, if the market value decreases, your available credit may proportionately decrease. Initial margin requirements may change without prior notice. Apex Clearing may impose anytime and without prior notice more stringent requirements on positions that in our sole discretion involve higher levels of risk; for example, higher limits may apply for thinly traded, speculative or volatile securities, or concentrated positions of securities. You may purchase only certain securities on margin or use them as collateral in your Margin and Short Account. Most stocks traded on national securities exchanges, and some over-the-counter (OTC) securities are marginable. At our discretion, Apex Clearing reserves the right not to extend credit on any security. Equity securities with a market value of less than $3 per share may not be purchased on margin or deposited as margin collateral. If the market value of a security drops below $3.00 per share, the security will not be assigned any value as collateral to secure your margin obligations. Margin Maintenance Requirements You must maintain a minimum amount of equity in your account to collateralize your outstanding loans and other obligations. Margin maintenance requirements are set: ▪ By the rules and regulations of the New York Stock Exchange, the American Stock Exchange, and other regulatory agencies to the jurisdiction of which Apex Clearing are subject; and ▪ According to our sole discretion and judgment You agree to maintain in your Margin and Short Account collateral of the type and amount required by: ▪ Applicable exchange rules and federal regulations ▪ Our Disclosure of Credit Terms and Policies; or ▪ As required by Apex Clearing, at Apex Clearing’s discretion Margin maintenance requirements may change without prior notice. Apex Clearing may issue a "margin call" (that is, a notification to deposit additional collateral) if your account equity falls below the margin maintenance requirement. This can happen for various reasons. The most common reasons are a decrease in the value of long securities held as collateral or an increase in the value of securities held short. As a general guideline and when it is practicable to do so, Apex Clearing may (but is not required to) issue a margin call when the equity in your Margin and Short Account falls below a predetermined percentage of the market value of assets at risk (that is, the sum of the market values of the long and short equity security positions) in your Margin and Short Account. The amount of additional collateral Apex Clearing requires usually is an amount sufficient to raise your equity to minimum standards. For information on the current equity requirements, please contact Apex. Apex Clearing retains absolute discretion to determine whether, when and in what amounts Apex Clearing will require additional collateral. In some situations, Apex Clearing may find it necessary to require a higher level of equity in your account. For example, Apex Clearing may require additional collateral if an account contains: ▪ Only one security or a large concentration of one or more securities; or ▪ Low-priced, thinly traded, or volatile securities; or if ▪ Some of your collateral is or becomes restricted or non-negotiable or non- marginable Apex Clearing also may consider market conditions and your financial resources. CUSTOMER ACCOUNT AGREEMENT This Customer Account Agreement Previous Statement (the “AgreementPrevious Balance”) sets forth which is not paid in full prior to the respective rights Statement Closing Date. For Cash Advance and obligations Balance Transfer fees, please see the Rates and Fees Disclosure Table. We figure the Interest Charges on your Account by applying the applicable monthly Periodic Rate as provided in the Rates and Fees Disclosure Table, to the entire “Balance Subject to Interest Rate” for each of Apex Clearing Corporation the categories of Purchases, Balance Transfers and Cash Advances (“you” or “your” or “Apex”) and the Customer’s (as defined below) brokerage firm (collectively the “Introducing Broker”), and the customer(s) identified on the New Account Application (the “Customer”) in connection with the Customer’s brokerage account with the Introducing Broker (“the AccountCategories”). The Customer hereby agrees as follows additional charge for Cash Advances shall not apply to any Cash Advance obtained under a separate credit agreement with respect Holder and written in connection with these regulations. The “Balance Subject to Interest Rate” is the “average daily balance” of each of the Categories of the Account (including new Purchases). To get the “average daily balance,” we take the beginning balance of each of the Categories of the Account each day, add any new Cash Advances, Purchases, Balance Transfers and other charges to each of the requisite Categories, subtract any payments or credits and add any unpaid late charges, unpaid membership fees and unpaid Interest Charges to each of the requisite Categories. This gives us the daily balance for each of the Categories. Then, we add up all of the daily balances for the Billing Period and divide the total by the number of days in the Billing Period. This gives us the “Average Daily Balance” for each of the Categories. Interest Charges for Purchases begin on the date the Purchase is posted to the Account unless the Previous Balance shown on the Statement is paid in full prior to the Statement Closing Date. Purchases made during the Billing Period and the Previous Balance will be excluded from the calculation of the “average daily balance” if the Previous Balance shown on the front of the Statement was paid in full prior to the Statement Closing Date. The Interest Charges for Cash Advances begin on the date the Cash Advance is posted to the Account, which . Holder may avoid additional Interest Charges on an Account by paying in full the Customer has established with New Balance shown on the Introducing Broker Account’s Statement within 25 days after the Closing Date for that Statement. Billed and unpaid Interest Charges and additional fees will be included in the purchase, sale or carrying of securities or contracts relating thereto and/or the borrowing of funds, which transactions are cleared through you. To help the government fight the funding of terrorism and money laundering, Federal law requires all financial institutions to obtain, verifyaverage daily balance, and record information that identifies each person who opens an account. In order to open an accountas such, the Customer will provide information that will allow you to identify the Customer including, but not limited to, the Customer’s name, address, date of birth, accrue interest and the Customer’s driver’s license or other identifying documentsreduce your Credit Limit.

Interest Charges. Apex Clearing Credit Purchases, Method “G”: Average Daily Balance (including New Purchases). An Interest Charge will charge interest be imposed on a daily basis Credit Purchases only if you elect not to pay the entire New Balance of purchases shown on your monthly statement for the previous billing cycle within 25 days from the closing date of that statement. If you elect not to pay the entire New Balance of purchases shown on your previous monthly statement within that 25-day period, an Interest Charge will be imposed on the credit extended to you. The unpaid average daily interest charges are calculated by multiplying your "daily adjusted debit balance" by balance of such Credit Purchases from the "daily margin interest rate." Generally speaking, your daily adjusted debit balance is previous statement closing date and on new Credit Purchases from the actual settled debit balance in your Margin and Short Account, increased by the value date of securities held short and reduced by the amount of any settled credit balance carried in your Cash Account. Apex Clearing calculates your daily-adjusted debit balance each day by adjusting your previous day's balance by any debits and credits posting to your account during the current billing cycle, and will continue to accrue until the closing date of the billing cycle preceding the date on which the entire New Balance of purchases is paid in full or until the date of payment if more than 25 days from the closing date. For Credit Purchases, the Interest Charge for a billing cycle is computed by changes in applying the value Monthly Periodic Rate to the average daily balance of short positions. If your daily-adjusted debit balance Credit Purchases, which is reduced because you deposit a check or other item that is later returned to Apex Clearing unpaid, Apex Clearing may adjust your account to reflect interest charges you have incurred. Apex Clearing reserves the right to charge interest on debit balances in the Cash Account. Periodically, Apex Clearing will send you a comprehensive statement showing the activity in your account, including applicable interest charges, interest rates and adjusted daily debit balances. Daily Margin Interest Rate The "daily margin interest rate" is based on a 360-day year. It is calculated for each day determined by dividing the applicable margin interest rate shown in the table below by 360. Note that the use of a 360-day year results in a higher effective rate of interest than if a year of 365 days were used. Apex Clearing sets the Base Rate at its discretion with reference to commercially recognized interest rates, industry conditions relating to the extension of margin credit and general credit market conditions. Your margin interest rate will be adjusted automatically and without notice to reflect any change in the Base Rate. If your interest rate increases for any reason other than a change in the Base Rate, Apex Clearing will give you written notice at least 30 days prior to that change. Compounding Interest Charges Apex Clearing compounds interest on a daily basis. Interest charges will accrue to your account each day. Apex Clearing will include the charges in the next day's opening debit balance and charge interest accordingly. The interest rates described above do not reflect compounding of unpaid interest charges; the effective interest rate, taking into effect such compounding, will be higher. Initial Margin Requirements The Federal Reserve Board and various stock exchanges determine margin loan rules and regulations. When you purchase securities on margin, you agree to depos it the required initial equity by the settlement date and to maintain your equity at the required levels. The maximum amount Apex Clearing currently may loan for common stock (equity) securities is 50% of the value of marginable securities purchased in your Margin and Short Account; different requirements apply to nonequity securities, such as bonds or options. If the market value of stock held as collateral increases after you have met the initial margin requirements, your available credit may increase proportionately. Conversely, if the market value decreases, your available credit may proportionately decrease. Initial margin requirements may change without prior notice. Apex Clearing may impose anytime and without prior notice more stringent requirements on positions that in our sole discretion involve higher levels of risk; for example, higher limits may apply for thinly traded, speculative or volatile securities, or concentrated positions of securities. You may purchase only certain securities on margin or use them as collateral in your Margin and Short Account. Most stocks traded on national securities exchanges, and some over-the-counter (OTC) securities are marginable. At our discretion, Apex Clearing reserves the right not to extend credit on any security. Equity securities with a market value of less than $3 per share may not be purchased on margin or deposited as margin collateral. If the market value of a security drops below $3.00 per share, the security will not be assigned any value as collateral to secure your margin obligations. Margin Maintenance Requirements You must maintain a minimum amount of equity in your account to collateralize your outstanding loans and other obligations. Margin maintenance requirements are set: ▪ By the rules and regulations of the New York Stock Exchange, the American Stock Exchange, and other regulatory agencies to the jurisdiction of which Apex Clearing are subject; and ▪ According to our sole discretion and judgment You agree to maintain in your Margin and Short Account collateral of the type and amount required by: ▪ Applicable exchange rules and federal regulations ▪ Our Disclosure of Credit Terms and Policies; or ▪ As required by Apex Clearing, at Apex Clearing’s discretion Margin maintenance requirements may change without prior notice. Apex Clearing may issue a "margin call" (that is, a notification to deposit additional collateral) if your account equity falls below the margin maintenance requirement. This can happen for various reasons. The most common reasons are a decrease in the value of long securities held as collateral or an increase in the value of securities held short. As a general guideline and when it is practicable to do so, Apex Clearing may (but is not required to) issue a margin call when the equity in your Margin and Short Account falls below a predetermined percentage of the market value of assets at risk (that is, the sum of the market values daily balances during the billing cycle by the number of days in the cycle. Each daily balance of Credit Purchases is determined by adding to the outstanding unpaid balance of Credit Purchases at the beginning of the long billing cycle any new Credit Purchases posted to your account, and short equity security positions) in subtracting any payments as received and credits as posted to your Margin account, but excluding any unpaid Interest Charges. Cash Advances and Short AccountBalance Transfers, Method “A”: Average daily balance. The amount Interest Charge on cash advances begins to accrue on the date you obtain the cash advance or the first day of additional collateral Apex Clearing requires usually the billing cycle in which it is posted to your account, whichever is later. For Cash Advances, the Interest Charge for a billing cycle is computed by applying the Monthly Periodic Rate to the average daily balance, which is determined by dividing the sum of the daily balances during the billing cycle by the number of days in the cycle. Each daily balance is determined by adding to the Previous Balance (the outstanding balance of your account at the beginning of the billing cycle) any new Cash Advances received and any new Credit Purchases posted to your account, and subtracting any payments as received or credits as posted to your account but excluding any unpaid Interest Charges. The ANNUAL PERCENTAGE RATE will be assigned based on Your creditworthiness. The Interest Charge will be calculated using one of these ANNUAL PERCENTAGE RATES: (1) by multiplying the average daily balance on your Account by the Monthly Periodic Rate of .9916%, which is an amount sufficient ANNUAL PERCENTAGE RATE of 11.90%; or (2) by multiplying the average daily balance on your Account by the Monthly Periodic Rate of 1.1583%, which is an ANNUAL PERCENTAGE RATE of 13.90%; or (3) by multiplying the average daily balance on your Ac- count by the Monthly Periodic Rate of 1.325%, which is an ANNUAL PERCENTAGE RATE of 15.90%, or (4) by multiplying the average daily balance on your Account by the Monthly Periodic Rate of 1.4916%, which is an ANNUAL PERCENTAGE RATE of 17.9%. All interest rates and Interest Charge are subject to raise your equity to minimum standards. For information on the current equity requirements, please contact Apex. Apex Clearing retains absolute discretion to determine whether, when and in what amounts Apex Clearing will require additional collateralchange. In some situations, Apex Clearing may find it necessary to require a higher level the event of equity an increase in your account. For example, Apex Clearing may require additional collateral if an account contains: ▪ Only one security these rates or a large concentration of one or more securities; or ▪ Low-priced, thinly traded, or volatile securities; or if ▪ Some of your collateral is or becomes restricted or non-negotiable or non- marginable Apex Clearing also may consider market conditions and your financial resources. CUSTOMER ACCOUNT AGREEMENT This Customer Account Agreement (the “Agreement”) sets forth the respective rights and obligations of Apex Clearing Corporation (“you” or “your” or “Apex”) and the Customer’s (as defined below) brokerage firm (the “Introducing Broker”), and the customer(s) identified on the New Account Application (the “Customer”) in connection with the Customer’s brokerage account with the Introducing Broker (“the Account”). The Customer hereby agrees as follows with respect to the Account, which the Customer has established with the Introducing Broker for the purchase, sale or carrying of securities or contracts relating thereto and/or the borrowing of funds, which transactions are cleared through you. To help the government fight the funding of terrorism and money laundering, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. In order to open an account, the Customer charges We will provide information that will allow you to identify at least the Customer including, but not limited to, the Customer’s name, address, date of birth, and the Customer’s driver’s license or other identifying documentsminimum notice required by law.

Interest Charges. Apex Clearing will charge accrue interest on a daily basis on the credit extended it extends to you. The rate of interest charged by Apex is set by us and can be found at xxxxx://xxxxxxxxxxxx.xxx/welcome/public/commissions.aspx or xxxxx://xxxxxxxxxx.xxx/Account/Commissions.aspx. The daily interest charges accruals are calculated by multiplying your "daily adjusted debit balance" by the "daily margin interest rate." Generally speaking, your daily adjusted debit balance is the actual settled debit balance in your Margin and Short Account, increased by the value of securities held short and reduced by the amount of any settled credit balance carried in your Cash Account. Apex Clearing calculates your Your daily-adjusted debit balance is calculated each day by adjusting your previous day's balance by any debits and credits to your account and by changes in the value of short positions. If your daily-adjusted debit balance is reduced because you deposit a check or other item that is later returned to Apex Clearing us unpaid, Apex Clearing may adjust your account may be adjusted to reflect interest charges you have incurred. Apex Clearing reserves the right to charge interest on debit balances in the Cash Account. Periodically, we or Apex Clearing will send you a comprehensive statement showing the activity in your account, including applicable interest charges, interest rates and adjusted daily debit balances. 05/07/2020 Daily Margin Interest Rate Rate. The "daily margin interest rate" is based on a 360-day year. It is calculated for each day by dividing the applicable base margin interest rate shown in the table below by 360. Note that the use of a 360-day year results in a higher effective rate of interest than if a year of 365 days were used. Apex Clearing sets The applicable margin interest rate is the Base Rate at its discretion with reference to commercially recognized interest rates, industry conditions relating to the extension of margin credit and general credit market conditionsrate for all daily adjusted debit balances as communicated above. Your margin interest rate will be adjusted automatically and without notice to reflect any change in the Base Ratebase rate. If your interest rate increases for any reason other than a change in the Base Ratebase rate, we or Apex Clearing will give you written notice at least 30 days days' prior to that change. Compounding Interest Charges Apex Clearing Charges. Interest compounds interest on a daily monthly basis. Interest charges will accrue to your account each daymonth. Apex Clearing will include the charges in the next day's opening debit balance and charge interest accordinglybalance. The interest rates described above do not reflect compounding of unpaid interest charges; the effective interest rate, taking into effect such compounding, will be higher. Initial Margin Requirements Requirements. The Federal Reserve Board and various stock exchanges determine margin loan rules and regulations. When you purchase securities on margin, you agree to depos it deposit the required initial equity by the settlement date and to maintain your equity at the required levels. The maximum amount Apex Clearing we currently may loan for common stock (equity) securities is 50% of the value of marginable securities purchased in your Margin and Short Account; different requirements apply to nonequity non-equity securities, such as bonds or options. If the market value of stock held as collateral increases after you have met the initial margin requirements, your available credit may increase proportionately. Conversely, if the market value decreases, your available credit may proportionately decrease. Initial margin requirements may change without prior notice. Apex Clearing may impose anytime and without prior notice more stringent requirements on positions that in our its sole discretion involve higher levels of risk; for example, higher limits may apply for thinly traded, speculative or volatile securities, or concentrated positions of securities. You may purchase only certain securities on margin or use them as collateral in your Margin and Short Account. Most stocks traded on national securities exchanges, and some over-the-counter (OTC) securities are marginable. At our Apex’s discretion, Apex Clearing it reserves the right not to extend credit on any security. Equity securities with a market value of less than $3 per share may not be purchased on margin or deposited as margin collateral. If the market value of a security drops below $3.00 3 per share, the security will not be assigned any value as collateral to secure your margin obligations. Margin Maintenance Requirements You must maintain a minimum amount of equity in your account to collateralize your outstanding loans and other obligations. Margin maintenance requirements are set: ▪ By the rules and regulations of the New York Stock Exchange, the American Stock Exchange, and other regulatory agencies to the jurisdiction of which Apex Clearing are subject; and ▪ According to our sole discretion and judgment You agree to maintain in your Margin and Short Account collateral of the type and amount required by: ▪ Applicable exchange rules and federal regulations ▪ Our Disclosure of Credit Terms and Policies; or ▪ As required by Apex Clearing, at Apex Clearing’s discretion Margin maintenance requirements may change without prior notice. Apex Clearing may issue a "margin call" (that is, a notification to deposit additional collateral) if your account equity falls below the margin maintenance requirement. This can happen for various reasons. The most common reasons are a decrease in the value of long securities held as collateral or an increase in the value of securities held short. As a general guideline and when it is practicable to do so, Apex Clearing may (but is not required to) issue a margin call when the equity in your Margin and Short Account falls below a predetermined percentage of the market value of assets at risk (that is, the sum of the market values of the long and short equity security positions) in your Margin and Short Account. The amount of additional collateral Apex Clearing requires usually is an amount sufficient to raise your equity to minimum standards. For information on the current equity requirements, please contact Apex. Apex Clearing retains absolute discretion to determine whether, when and in what amounts Apex Clearing will require additional collateral. In some situations, Apex Clearing may find it necessary to require a higher level of equity in your account. For example, Apex Clearing may require additional collateral if an account contains: ▪ Only one security or a large concentration of one or more securities; or ▪ Low-priced, thinly traded, or volatile securities; or if ▪ Some of your collateral is or becomes restricted or non-negotiable or non- marginable Apex Clearing also may consider market conditions and your financial resources. CUSTOMER ACCOUNT AGREEMENT This Customer Account Agreement (the “Agreement”) sets forth the respective rights and obligations of Apex Clearing Corporation (“you” or “your” or “Apex”) and the Customer’s (as defined below) brokerage firm (the “Introducing Broker”), and the customer(s) identified on the New Account Application (the “Customer”) in connection with the Customer’s brokerage account with the Introducing Broker (“the Account”). The Customer hereby agrees as follows with respect to the Account, which the Customer has established with the Introducing Broker for the purchase, sale or carrying of securities or contracts relating thereto and/or the borrowing of funds, which transactions are cleared through you. To help the government fight the funding of terrorism and money laundering, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. In order to open an account, the Customer will provide information that will allow you to identify the Customer including, but not limited to, the Customer’s name, address, date of birth, and the Customer’s driver’s license or other identifying documents.

Interest Charges. Apex Clearing The Daily Periodic Rates (“DPRs”) and Annual Percentage Rates (“APRs”) for your Account are shown on the Account Summary Table on the card carrier. We use the average daily balance method (including new transactions) to calculate the interest owed on your Account for each billing cycle: • We first figure out the average daily balance for each type of transaction. By type of transaction, we mean Purchases, Cash Advances, Balance Transfers and any transaction subject to a promotional offer. If any portion of a Purchases balance received a Grace Period, that amount is not included in this calculation. • To get the average daily balance for each type of transaction, we take the beginning balance for that transaction-type, which will charge include any unpaid balance on those transactions and any unpaid interest on a daily basis on those transactions. • To the credit extended beginning balance, we add: * An amount equal to you. The daily interest charges are calculated by multiplying your "daily adjusted debit balance" the applicable DPR multiplied by the "previous day’s closing daily margin interest rate." Generally speakingbalance, your and * Any new transactions, applicable fees or other debits. Then we subtract any payments or credits. This gives us the daily adjusted debit balance. If any daily balance is less than zero we treat it as zero. • Next, we add up all the actual settled debit balance in your Margin daily balances for that transaction-type during the billing cycle, and Short Account, increased then divide this total by the value number of securities held short days in the billing cycle. This gives us the average daily balance. This method of calculating the average daily balance results in charging interest on unpaid interest (also known as compounding) and reduced fees. • We multiply the average daily balance by the applicable DPR, and then we multiply the resulting amount by the number of days in the billing cycle to determine the amount of interest owed for that type of transaction. • After calculating the amount of interest owed for each type of transaction, we add together these amounts to determine the total amount of interest owed on your Account for the billing cycle. If any settled credit interest charge is due, we will charge you at least the Minimum Interest Charge shown on the Account Summary Table. We add transactions and fees to your daily balance carried in (and they may begin accruing interest) no earlier than: • For new Purchases – on its transaction date or the first day of the billing cycle, whichever is later. • For new Balance Transfers and Cash Advances – the transaction date. For Access Checks and Balance Transfers made by check, the transaction date is the date the check is first deposited or cashed. For Balance Transfers made electronically, the transaction date is the date we transmit the Balance Transfer to your Cash other creditor. • For a Returned Payment – the date that the corresponding payment posted to your Account. Apex Clearing calculates your daily-adjusted debit balance each day by adjusting your previous day's balance by any debits and credits • Fees – either on the date of a related transaction, the date they are posted to your account and by changes in the value of short positions. If your daily-adjusted debit balance is reduced because you deposit a check or other item that is later returned to Apex Clearing unpaid, Apex Clearing may adjust your account to reflect interest charges you have incurred. Apex Clearing reserves the right to charge interest on debit balances in the Cash Account. Periodically, Apex Clearing will send you a comprehensive statement showing the activity in your account, including applicable interest chargesor the last day of the billing cycle, interest rates and adjusted daily debit balances. Daily Margin Interest Rate The "daily margin interest rate" is based on a 360-day year. It is calculated for each day by dividing the applicable margin interest rate shown in the table below by 360. Note that the use of a 360-day year results in a higher effective rate of interest than if a year of 365 days were used. Apex Clearing sets the Base Rate at its discretion with reference to commercially recognized interest rates, industry conditions relating to the extension of margin credit and general credit market conditionswhichever we may choose. Your margin interest rate will be adjusted automatically and without notice to reflect any change in Responsibility for the Base Rate. If your interest rate increases for any reason other than a change in the Base Rate, Apex Clearing will give you written notice at least 30 days prior to that change. Compounding Interest Charges Apex Clearing compounds interest on a daily basis. Interest charges will accrue to your account each day. Apex Clearing will include the charges in the next day's opening debit balance and charge interest accordingly. The interest rates described above do not reflect compounding of unpaid interest charges; the effective interest rate, taking into effect such compounding, will be higher. Initial Margin Requirements The Federal Reserve Board and various stock exchanges determine margin loan rules and regulations. When you purchase securities on margin, you agree to depos it the required initial equity by the settlement date and to maintain your equity at the required levels. The maximum amount Apex Clearing currently Account These sections describe how certain conditions may loan for common stock (equity) securities is 50% of the value of marginable securities purchased in your Margin and Short Account; different requirements apply to nonequity securities, such as bonds or options. If the market value of stock held as collateral increases after you have met the initial margin requirements, your available credit may increase proportionately. Conversely, if the market value decreases, your available credit may proportionately decrease. Initial margin requirements may change without prior notice. Apex Clearing may impose anytime and without prior notice more stringent requirements on positions that in our sole discretion involve higher levels of risk; for example, higher limits may apply for thinly traded, speculative or volatile securities, or concentrated positions of securities. You may purchase only certain securities on margin or use them as collateral in your Margin and Short Account. Most stocks traded on national securities exchanges, and some over-the-counter (OTC) securities are marginable. At our discretion, Apex Clearing reserves the right not to extend credit on any security. Equity securities with a market value of less than $3 per share may not be purchased on margin or deposited as margin collateral. If the market value of a security drops below $3.00 per share, the security will not be assigned any value as collateral to secure affect your margin obligations. Margin Maintenance Requirements You must maintain a minimum amount of equity in your account to collateralize your outstanding loans and other obligations. Margin maintenance requirements are set: ▪ By the rules and regulations of the New York Stock Exchange, the American Stock Exchange, and other regulatory agencies to the jurisdiction of which Apex Clearing are subject; and ▪ According to our sole discretion and judgment You agree to maintain in your Margin and Short Account collateral of the type and amount required by: ▪ Applicable exchange rules and federal regulations ▪ Our Disclosure of Credit Terms and Policies; or ▪ As required by Apex Clearing, at Apex Clearing’s discretion Margin maintenance requirements may change without prior notice. Apex Clearing may issue a "margin call" (that is, a notification to deposit additional collateral) if your account equity falls below the margin maintenance requirement. This can happen responsibility for various reasons. The most common reasons are a decrease in the value of long securities held as collateral or an increase in the value of securities held short. As a general guideline and when it is practicable to do so, Apex Clearing may (but is not required to) issue a margin call when the equity in your Margin and Short Account falls below a predetermined percentage of the market value of assets at risk (that is, the sum of the market values of the long and short equity security positions) in your Margin and Short Account. The amount of additional collateral Apex Clearing requires usually is an amount sufficient to raise your equity to minimum standards. For information on the current equity requirements, please contact Apex. Apex Clearing retains absolute discretion to determine whether, when and in what amounts Apex Clearing will require additional collateral. In some situations, Apex Clearing may find it necessary to require a higher level of equity in your account. For example, Apex Clearing may require additional collateral if an account contains: ▪ Only one security or a large concentration of one or more securities; or ▪ Low-priced, thinly traded, or volatile securities; or if ▪ Some of your collateral is or becomes restricted or non-negotiable or non- marginable Apex Clearing also may consider market conditions and your financial resources. CUSTOMER ACCOUNT AGREEMENT This Customer Account Agreement (the “Agreement”) sets forth the respective rights and obligations of Apex Clearing Corporation (“you” or “your” or “Apex”) and the Customer’s (as defined below) brokerage firm (the “Introducing Broker”), and the customer(s) identified on the New Account Application (the “Customer”) in connection with the Customer’s brokerage account with the Introducing Broker (“the Account”). The Customer hereby agrees as follows with respect to the Account, which the Customer has established with the Introducing Broker for the purchase, sale or carrying of securities or contracts relating thereto and/or the borrowing of funds, which transactions are cleared through you. To help the government fight the funding of terrorism and money laundering, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. In order to open an account, the Customer will provide information that will allow you to identify the Customer including, but not limited to, the Customer’s name, address, date of birth, and the Customer’s driver’s license or other identifying documents.

Interest Charges. Apex Clearing Interest charges for purchases and cash advances will charge interest on a begin to accrue from the date the transaction is added to the daily basis on the credit extended balance, as described below, and continue to you. The daily interest charges are calculated by multiplying your "daily adjusted debit balance" by the "daily margin interest rate." Generally speaking, your daily adjusted debit balance accrue until payment in full is the actual settled debit balance in your Margin and Short Account, increased by the value of securities held short and reduced by the amount of any settled credit balance carried in your Cash Account. Apex Clearing calculates your daily-adjusted debit balance each day by adjusting your previous day's balance by any debits and credits credited to your account and by changes in the value of short positions. If your daily-adjusted debit balance is reduced because you deposit a check or other item that is later returned to Apex Clearing unpaid, Apex Clearing may adjust your account to reflect interest charges you have incurred. Apex Clearing reserves the right to charge interest on debit balances in the Cash Account. Periodically, Apex Clearing will send you a comprehensive statement showing the activity in your account, including applicable interest charges, interest rates and adjusted daily debit balances. Daily Margin Interest Rate The "daily margin interest rate" is based on a 360-day year. It is calculated for each day by dividing the applicable margin interest rate shown in the table below by 360. Note that the use of a 360-day year results in a higher effective rate of interest than if a year of 365 days were used. Apex Clearing sets the Base Rate at its discretion with reference to commercially recognized interest rates, industry conditions relating to the extension of margin credit and general credit market conditions. Your margin interest rate will be adjusted automatically and without notice to reflect any change in the Base Rate. If your interest rate increases for any reason other than a change in the Base Rate, Apex Clearing will give you written notice at least 30 days prior to that change. Compounding Interest Charges Apex Clearing compounds interest on a daily basis. Interest charges will accrue to your account each day. Apex Clearing will include the charges in the next day's opening debit balance and charge interest accordingly. The interest rates described above do not reflect compounding of unpaid interest charges; the effective interest rate, taking into effect such compounding, will be higher. Initial Margin Requirements The Federal Reserve Board and various stock exchanges determine margin loan rules and regulations. When you purchase securities on margin, you agree to depos it the required initial equity by the settlement date and to maintain your equity at the required levels. The maximum amount Apex Clearing currently may loan for common stock (equity) securities is 50% of the value of marginable securities purchased in your Margin and Short Account; different requirements apply to nonequity securities, such as bonds or options. If the market value of stock held as collateral increases after you have met the initial margin requirements, your available credit may increase proportionately. Conversely, if the market value decreases, your available credit may proportionately decrease. Initial margin requirements may change without prior notice. Apex Clearing may impose anytime and without prior notice more stringent requirements on positions that in our sole discretion involve higher levels of risk; for example, higher limits may apply for thinly traded, speculative or volatile securities, or concentrated positions of securities. You may purchase only certain securities on margin or use them as collateral in your Margin and Short Account. Most stocks traded on national securities exchanges, and some over-the-counter (OTC) securities are marginable. At our discretion, Apex Clearing reserves the right not to extend credit on any security. Equity securities with a market value of less than $3 per share may not be purchased on margin or deposited as margin collateral. If the market value of a security drops below $3.00 per share, the security will not be assigned any value as collateral to secure your margin obligations. Margin Maintenance Requirements You must maintain a minimum amount of equity in your account to collateralize your outstanding loans and other obligations. Margin maintenance requirements are set: ▪ By the rules and regulations of the New York Stock Exchange, the American Stock Exchange, and other regulatory agencies to the jurisdiction of which Apex Clearing are subject; and ▪ According to our sole discretion and judgment You agree to maintain in your Margin and Short Account collateral of the type and amount required by: ▪ Applicable exchange rules and federal regulations ▪ Our Disclosure of Credit Terms and Policies; or ▪ As required by Apex Clearing, at Apex Clearing’s discretion Margin maintenance requirements may change without prior notice. Apex Clearing may issue a "margin call" (that is, a notification to deposit additional collateral) if your account equity falls below the margin maintenance requirement. This can happen for various reasons. The most common reasons are a decrease in the value of long securities held as collateral or an increase in the value of securities held short. As a general guideline and when it is practicable to do so, Apex Clearing may (but is not required to) issue a margin call when the equity in your Margin and Short Account falls below a predetermined percentage of the market value of assets at risk (that is, the sum of the market values of the long and short equity security positions) in your Margin and Short Account. The amount of additional collateral Apex Clearing requires usually is an amount sufficient to raise your equity to minimum standards. For information on the current equity requirements, please contact Apex. Apex Clearing retains absolute discretion to determine whether, when and in what amounts Apex Clearing will require additional collateral. In some situations, Apex Clearing may find it necessary to require a higher level of equity in your account. For example, Apex Clearing may require additional collateral if an account contains: ▪ Only one security or a large concentration of one or more securities; or ▪ Low-priced, thinly traded, or volatile securities; or if ▪ Some of your collateral is or becomes restricted or non-negotiable or non- marginable Apex Clearing also may consider market conditions and your financial resources. CUSTOMER ACCOUNT AGREEMENT This Customer Account Agreement (the “Agreement”) sets forth the respective rights and obligations of Apex Clearing Corporation (“you” or “your” or “Apex”) and the Customer’s (as defined below) brokerage firm (the “Introducing Broker”), and the customer(s) identified on the New Account Application (the “Customer”) in connection with the Customer’s brokerage account with the Introducing Broker (“the Account”). The Customer hereby agrees as follows with respect to the Account, which the Customer has established with the Introducing Broker for the purchase, sale or carrying of securities or contracts relating thereto and/or the borrowing of funds, which transactions are cleared through you. To help the government fight the funding of terrorism and money laundering, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. In order to open be eligible for a grace period and to avoid paying additional interest charges on purchases, you must pay the total New Balance listed on the last billing statement by the payment due date on that statement. We will calculate interest charges as follows • We figure a portion of the interest charge on your account by multiplying the daily balance on each feature (e.g., standard purchases and standard advances) by the applicable daily periodic rate and separately adding together any such interest charges for each feature for each day in the billing period. • For interest charge calculation purposes, the billing period begins on the day after the Statement/Closing Date of the previous billing period and includes the Statement/Closing Date of the current billing period. The number of days in the billing period may vary. • To get the daily balance, we take the beginning balance for each feature every day (which may include unpaid interest charges from previous billing periods), add any new transactions, any new fees, and any interest charge on the previous day’s balance, subtract any credits or payments credited as of that day, and make other adjustments. A credit balance is treated as a balance of zero. • We add a new purchase to the appropriate purchase balance as of the Transaction date shown on your billing statement. • We add a new cash advance to the appropriate purchase or advance balance as of the Post date shown on your billing statement. The Post date is the date we receive your request for the cash advance. The Balance Subject to Interest Rate on the billing statement are the averages of the respective daily balances during the billing period. If you multiply this figure for each feature by the number of days in the billing period and by the applicable daily periodic rate, the result will be the periodic rate interest charges assessed for that feature, except for minor variations caused by rounding. This method of calculating the balance subject to interest charge and the periodic rate interest charges results in daily compounding of interest charges. Transaction Fee for Club Cash® Advances You have obtained a cash advance for which we assess a cash advance transaction fee if you obtain funds from an automated teller machine (ATM), through home banking, or through a financial institution; make a wire transfer; acquire a money order, traveler’s check, lottery ticket, betting or casino chip, or similar item; or engage in another similar transaction. For each cash advance, we may add an additional fee in the amount printed in Facts About Interest and Fees. The amount of the cash advance may include a surcharge that the ATM owner imposes. Minimum Interest Charge If interest charges based on periodic rates are being added to your account, but the Customer will provide information total of such interest charges for purchases and cash advances is less than $.50, we assess a minimum INTEREST CHARGE, of $.50. We add the amount to the feature that will allow you is being assessed an interest charge. If more than one feature is assessed an interest charge, we may add the minimum interest charge to identify the Customer including, but not limited to, the Customer’s name, address, date of birth, and the Customer’s driver’s license or other identifying documentsany such feature at our discretion.

Interest Charges. Apex Clearing Your due date is 25 days after the close of each billing cycle. We will not charge you any interest on a daily basis purchases if you pay your entire balance by the due date each month. We will begin charging interest on cash advances and balance transfers on the credit extended transaction date. Holder shall pay Interest Charges as shown on Holder’s monthly statements, for each billing period in which there is a cash advance, or the Previous Balance is not paid in full prior to youthe Closing Date of the billing statement. Issuer determines the Interest Charges on Holder’s account by applying the monthly Periodic Rate to the entire “Balance Subject to Interest Rate.” The daily interest charges are calculated by multiplying your "daily adjusted debit balance" by the "daily margin interest rate." Generally speaking, your daily adjusted debit balance “Balance Subject to Interest Rate” is the actual settled debit Average Daily Balance, of the account (including current transaction). To get the Average Daily Balance, Issuer starts with the beginning balance in your Margin and Short Account, increased by of the value of securities held short and reduced by the amount of any settled credit balance carried in your Cash Account. Apex Clearing calculates your daily-adjusted debit balance each day by adjusting your previous day's balance by any debits and credits to your account and by changes in the value of short positions. If your daily-adjusted debit balance is reduced because you deposit a check or other item that is later returned to Apex Clearing unpaid, Apex Clearing may adjust your account to reflect interest charges you have incurred. Apex Clearing reserves the right to charge interest on debit balances in the Cash Account. Periodically, Apex Clearing will send you a comprehensive statement showing the activity in your account, including applicable interest charges, interest rates and adjusted daily debit balances. Daily Margin Interest Rate The "daily margin interest rate" is based on a 360-day year. It is calculated for each day by dividing the applicable margin interest rate shown in the table below by 360. Note that the use of a 360-day year results in a higher effective rate of interest than if a year of 365 days were used. Apex Clearing sets the Base Rate at its discretion with reference to commercially recognized interest rates, industry conditions relating to the extension of margin credit and general credit market conditions. Your margin interest rate will be adjusted automatically and without notice to reflect any change in the Base Rate. If your interest rate increases for any reason other than a change in the Base Rate, Apex Clearing will give you written notice at least 30 days prior to that change. Compounding Interest Charges Apex Clearing compounds interest on a daily basis. Interest charges will accrue to your account each day, add any new cash advances, credit purchases and other charges, and subtract any payments or credits, unpaid late charges, unpaid fees and unpaid Interest Charges. Apex Clearing will include This gives the charges Issuer the daily balance. Then, the Issuer adds up all of the daily balances for the billing cycle and divides the total by the number of days in the next day's opening debit balance billing cycle. This gives the Issuer the “AVERAGE DAILY BALANCE.” Interest Charges for credit purchases begin on the date the purchase is posted to the account unless the Previous Balance shown on the statement is paid in full prior to the Closing Date of the statement. Credit purchases made during the statement period and charge interest accordinglythe Previous Balance will be excluded from the calculation of the Average Daily Balance if the Previous Balance shown on the front of the statement was paid in full prior to the Closing Date of the statement. The interest rates described above do not reflect compounding of unpaid interest charges; Interest Charges for cash advances begin on the effective interest rate, taking into effect such compounding, will be higherdate the advance is posted to the account. Initial Margin Requirements The Federal Reserve Board and various stock exchanges determine margin loan rules and regulations. When you purchase securities Holder may avoid additional Interest Charges on margin, you agree to depos it the required initial equity an account by the settlement date and to maintain your equity at the required levels. The maximum amount Apex Clearing currently may loan for common stock (equity) securities is 50% of the value of marginable securities purchased paying in your Margin and Short Account; different requirements apply to nonequity securities, such as bonds or options. If the market value of stock held as collateral increases after you have met the initial margin requirements, your available credit may increase proportionately. Conversely, if the market value decreases, your available credit may proportionately decrease. Initial margin requirements may change without prior notice. Apex Clearing may impose anytime and without prior notice more stringent requirements on positions that in our sole discretion involve higher levels of risk; for example, higher limits may apply for thinly traded, speculative or volatile securities, or concentrated positions of securities. You may purchase only certain securities on margin or use them as collateral in your Margin and Short Account. Most stocks traded on national securities exchanges, and some over-the-counter (OTC) securities are marginable. At our discretion, Apex Clearing reserves the right not to extend credit on any security. Equity securities with a market value of less than $3 per share may not be purchased on margin or deposited as margin collateral. If the market value of a security drops below $3.00 per share, the security will not be assigned any value as collateral to secure your margin obligations. Margin Maintenance Requirements You must maintain a minimum amount of equity in your account to collateralize your outstanding loans and other obligations. Margin maintenance requirements are set: ▪ By the rules and regulations of full the New York Stock Exchange, the American Stock Exchange, and other regulatory agencies to the jurisdiction of which Apex Clearing are subject; and ▪ According to our sole discretion and judgment You agree to maintain in your Margin and Short Account collateral of the type and amount required by: ▪ Applicable exchange rules and federal regulations ▪ Our Disclosure of Credit Terms and Policies; or ▪ As required by Apex Clearing, at Apex Clearing’s discretion Margin maintenance requirements may change without prior notice. Apex Clearing may issue a "margin call" (that is, a notification to deposit additional collateral) if your account equity falls below the margin maintenance requirement. This can happen for various reasons. The most common reasons are a decrease in the value of long securities held as collateral or an increase in the value of securities held short. As a general guideline and when it is practicable to do so, Apex Clearing may (but is not required to) issue a margin call when the equity in your Margin and Short Account falls below a predetermined percentage of the market value of assets at risk (that is, the sum of the market values of the long and short equity security positions) in your Margin and Short Account. The amount of additional collateral Apex Clearing requires usually is an amount sufficient to raise your equity to minimum standards. For information Balance shown on the current equity requirements, please contact Apex. Apex Clearing retains absolute discretion to determine whether, when and in what amounts Apex Clearing will require additional collateral. In some situations, Apex Clearing may find it necessary to require a higher level of equity in your account. For example, Apex Clearing may require additional collateral if an account contains: ▪ Only one security or a large concentration of one or more securities; or ▪ Low-priced, thinly traded, or volatile securities; or if ▪ Some of your collateral is or becomes restricted or non-negotiable or non- marginable Apex Clearing also may consider market conditions and your financial resources. CUSTOMER ACCOUNT AGREEMENT This Customer Account Agreement (’s monthly statement within 25 days after the “Agreement”) sets forth the respective rights and obligations of Apex Clearing Corporation (“you” or “your” or “Apex”) and the Customer’s (as defined below) brokerage firm (the “Introducing Broker”), and the customer(s) identified on the New Account Application (the “Customer”) in connection with the Customer’s brokerage account with the Introducing Broker (“the Account”). The Customer hereby agrees as follows with respect to the Account, which the Customer has established with the Introducing Broker Closing Date for the purchase, sale or carrying of securities or contracts relating thereto and/or the borrowing of funds, which transactions are cleared through you. To help the government fight the funding of terrorism and money laundering, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. In order to open an account, the Customer will provide information that will allow you to identify the Customer including, but not limited to, the Customer’s name, address, date of birth, and the Customer’s driver’s license or other identifying documentsstatement.

Interest Charges. Apex Clearing Interest charges for purchases and cash advances will charge interest on a begin to accrue from the date the transaction is added to the daily basis on the credit extended balance, as described below, and continue to you. The daily interest charges are calculated by multiplying your "daily adjusted debit balance" by the "daily margin interest rate." Generally speaking, your daily adjusted debit balance accrue until payment in full is the actual settled debit balance in your Margin and Short Account, increased by the value of securities held short and reduced by the amount of any settled credit balance carried in your Cash Account. Apex Clearing calculates your daily-adjusted debit balance each day by adjusting your previous day's balance by any debits and credits credited to your account and by changes in the value of short positions. If your daily-adjusted debit balance is reduced because you deposit a check or other item that is later returned to Apex Clearing unpaid, Apex Clearing may adjust your account to reflect interest charges you have incurred. Apex Clearing reserves the right to charge interest on debit balances in the Cash Account. Periodically, Apex Clearing will send you a comprehensive statement showing the activity in your account, including applicable interest charges, interest rates and adjusted daily debit balances. Daily Margin Interest Rate The "daily margin interest rate" is based on a 360-day year. It is calculated for each day by dividing the applicable margin interest rate shown in the table below by 360. Note that the use of a 360-day year results in a higher effective rate of interest than if a year of 365 days were used. Apex Clearing sets the Base Rate at its discretion with reference to commercially recognized interest rates, industry conditions relating to the extension of margin credit and general credit market conditions. Your margin interest rate will be adjusted automatically and without notice to reflect any change in the Base Rate. If your interest rate increases for any reason other than a change in the Base Rate, Apex Clearing will give you written notice at least 30 days prior to that change. Compounding Interest Charges Apex Clearing compounds interest on a daily basis. Interest charges will accrue to your account each day. Apex Clearing will include the charges in the next day's opening debit balance and charge interest accordingly. The interest rates described above do not reflect compounding of unpaid interest charges; the effective interest rate, taking into effect such compounding, will be higher. Initial Margin Requirements The Federal Reserve Board and various stock exchanges determine margin loan rules and regulations. When you purchase securities on margin, you agree to depos it the required initial equity by the settlement date and to maintain your equity at the required levels. The maximum amount Apex Clearing currently may loan for common stock (equity) securities is 50% of the value of marginable securities purchased in your Margin and Short Account; different requirements apply to nonequity securities, such as bonds or options. If the market value of stock held as collateral increases after you have met the initial margin requirements, your available credit may increase proportionately. Conversely, if the market value decreases, your available credit may proportionately decrease. Initial margin requirements may change without prior notice. Apex Clearing may impose anytime and without prior notice more stringent requirements on positions that in our sole discretion involve higher levels of risk; for example, higher limits may apply for thinly traded, speculative or volatile securities, or concentrated positions of securities. You may purchase only certain securities on margin or use them as collateral in your Margin and Short Account. Most stocks traded on national securities exchanges, and some over-the-counter (OTC) securities are marginable. At our discretion, Apex Clearing reserves the right not to extend credit on any security. Equity securities with a market value of less than $3 per share may not be purchased on margin or deposited as margin collateral. If the market value of a security drops below $3.00 per share, the security will not be assigned any value as collateral to secure your margin obligations. Margin Maintenance Requirements You must maintain a minimum amount of equity in your account to collateralize your outstanding loans and other obligations. Margin maintenance requirements are set: ▪ By the rules and regulations of the New York Stock Exchange, the American Stock Exchange, and other regulatory agencies to the jurisdiction of which Apex Clearing are subject; and ▪ According to our sole discretion and judgment You agree to maintain in your Margin and Short Account collateral of the type and amount required by: ▪ Applicable exchange rules and federal regulations ▪ Our Disclosure of Credit Terms and Policies; or ▪ As required by Apex Clearing, at Apex Clearing’s discretion Margin maintenance requirements may change without prior notice. Apex Clearing may issue a "margin call" (that is, a notification to deposit additional collateral) if your account equity falls below the margin maintenance requirement. This can happen for various reasons. The most common reasons are a decrease in the value of long securities held as collateral or an increase in the value of securities held short. As a general guideline and when it is practicable to do so, Apex Clearing may (but is not required to) issue a margin call when the equity in your Margin and Short Account falls below a predetermined percentage of the market value of assets at risk (that is, the sum of the market values of the long and short equity security positions) in your Margin and Short Account. The amount of additional collateral Apex Clearing requires usually is an amount sufficient to raise your equity to minimum standards. For information on the current equity requirements, please contact Apex. Apex Clearing retains absolute discretion to determine whether, when and in what amounts Apex Clearing will require additional collateral. In some situations, Apex Clearing may find it necessary to require a higher level of equity in your account. For example, Apex Clearing may require additional collateral if an account contains: ▪ Only one security or a large concentration of one or more securities; or ▪ Low-priced, thinly traded, or volatile securities; or if ▪ Some of your collateral is or becomes restricted or non-negotiable or non- marginable Apex Clearing also may consider market conditions and your financial resources. CUSTOMER ACCOUNT AGREEMENT This Customer Account Agreement (the “Agreement”) sets forth the respective rights and obligations of Apex Clearing Corporation (“you” or “your” or “Apex”) and the Customer’s (as defined below) brokerage firm (the “Introducing Broker”), and the customer(s) identified on the New Account Application (the “Customer”) in connection with the Customer’s brokerage account with the Introducing Broker (“the Account”). The Customer hereby agrees as follows with respect to the Account, which the Customer has established with the Introducing Broker for the purchase, sale or carrying of securities or contracts relating thereto and/or the borrowing of funds, which transactions are cleared through you. To help the government fight the funding of terrorism and money laundering, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. In order to open be eligible for a grace period and to avoid paying additional interest charges on purchases, you must pay the total New Balance listed on the last billing statement by the payment due date on that statement. We will calculate interest charges as follows • We figure a portion of the interest charge on your account by multiplying the daily balance on each feature (e.g., standard purchases and standard advances) by the applicable daily periodic rate and separately adding together any such interest charges for each feature for each day in the billing period. • For interest charge calculation purposes, the billing period begins on the day after the Statement/Closing Date of the previous billing period and includes the Statement/Closing Date of the current billing period. The number of days in the billing period may vary. • To get the daily balance, we take the beginning balance for each feature every day (which may include unpaid interest charges from previous billing periods), add any new transactions, any new fees, and any interest charge on the previous day’s balance, subtract any credits or payments credited as of that day, and make other adjustments. A credit balance is treated as a balance of zero. • We add a new purchase to the appropriate purchase balance as of the Transaction date shown on your billing statement. • We add a new cash advance to the appropriate purchase or advance balance as of the Post date shown on your billing statement. The Post date is the date we receive your request for the cash advance. The Balance Subject to Interest Rate on the billing statement are the averages of the respective daily balances during the billing period. If you multiply this figure for each feature by the number of days in the billing period and by the applicable daily periodic rate, the result will be the periodic rate interest charges assessed for that feature, except for minor variations caused by rounding. This method of calculating the balance subject to interest charge and the periodic rate interest charges results in daily compounding of interest charges. Transaction Fee for Club Cash® Advances You have obtained a cash advance for which we assess a cash advance transaction fee if you obtain funds from an automated teller machine (ATM), through home banking, or through a financial institution; make a wire transfer; acquire a money order, traveler’s check, lottery ticket, betting or casino chip, or similar item; or engage in another similar transaction. For each cash advance, we add an additional charge of 4.0% of the advance, Minimum Interest Charge If interest charges based on periodic rates are being added to your account, but the Customer will provide information total of such interest charges for purchases and cash advances is less than $.50, we assess a minimum INTEREST CHARGE, of $.50. We add the amount to the feature that will allow you is being assessed an interest charge. If more than one feature is assessed an interest charge, we may add the minimum interest charge to identify the Customer including, but not limited to, the Customer’s name, address, date of birth, and the Customer’s driver’s license or other identifying documentsany such feature at our discretion.

Interest Charges. Apex Clearing will charge interest on a daily basis on the credit extended to you. The daily interest Interest charges are calculated by multiplying your "daily adjusted debit balance" by the "daily margin interest rate." Generally speaking, your daily adjusted debit balance is the actual settled debit balance in your Margin and Short Account, increased by the value of securities held short and reduced by the amount of any settled credit balance carried in your Cash Account. Apex Clearing calculates your daily-adjusted debit balance each day by adjusting your previous day's balance by any debits and credits a finance charge added to your account and by changes in Account when we apply the value of short positionsapplicable Annual Percentage Rate (APR) to your balances on your account. If your daily-adjusted debit balance is reduced because you deposit a check or other item that is later returned to Apex Clearing unpaid, Apex Clearing may adjust We figure the interest charge on your account by applying the periodic rate to reflect interest charges you have incurred. Apex Clearing reserves the right to charge interest on debit balances in the Cash Account. Periodically, Apex Clearing will send you a comprehensive statement showing the activity in “average daily balance” of your account, including applicable . We calculate interest charges, interest rates and adjusted daily debit balances. Daily Margin Interest Rate The "daily margin interest rate" is based on a 360-day year. It is calculated separately for each day by dividing Balance Subject to Interest Rate. These include for example, Purchases at the applicable margin interest current rate, Cash Advances at the current rate shown in and Balance Transfers at the table below by 360. Note that the use of a 360-day year results in a higher effective rate of interest than if a year of 365 days were used. Apex Clearing sets the Base Rate at its discretion with reference to commercially recognized interest rates, industry conditions relating to the extension of margin credit and general credit market conditionscurrent rate. Your margin interest rate will be adjusted automatically and without notice monthly billing statement shows each Balance Subject to reflect any change in the Base Interest Rate. If your interest rate increases To calculate interest, we first calculate an “average daily balance” for any reason other than a change in the Base each Balance Subject to Interest Rate, Apex Clearing will give you written notice at least 30 days prior to that changeas described herein. Compounding Interest Charges Apex Clearing compounds interest on a Purchases: To get the “average daily basis. Interest charges will accrue to balance” of Purchases, we take the beginning balance of Purchases of your account each day, add any new Purchases, and subtract any unpaid interest or other finance charges and any payments or credits. Apex Clearing will include This gives us the charges daily balance for Purchases. Then, we add up all the daily balances for the billing cycle and divide the total by the number of days in the next billing cycle. This gives us the “average daily balance” of Purchases. Cash Advances: To get the “average daily balance” of Cash Advances, we take the beginning balance of Cash Advances of your account each day's opening debit balance , add any new Cash Advances, and charge interest accordingly. The interest rates described above do not reflect compounding of subtract any unpaid interest charges; or other finance charges and any payments or credits. This gives us the effective interest ratedaily balance for Cash Advances. Then, taking into effect such compounding, will be higher. Initial Margin Requirements The Federal Reserve Board we add up all the daily balances for the billing cycle and various stock exchanges determine margin loan rules and regulations. When you purchase securities on margin, you agree to depos it divide the required initial equity total by the settlement date and to maintain number of days in the billing cycle. This gives us the “average daily balance” of Cash Advances. Balance Transfers: To get the “average daily balance” of Balance Transfers, we take the beginning balance of Balance Transfers of your equity at the required levels. The maximum amount Apex Clearing currently may loan for common stock (equity) securities is 50% of the value of marginable securities purchased in your Margin and Short Account; different requirements apply to nonequity securitiesaccount each day, such as bonds or options. If the market value of stock held as collateral increases after you have met the initial margin requirements, your available credit may increase proportionately. Conversely, if the market value decreases, your available credit may proportionately decrease. Initial margin requirements may change without prior notice. Apex Clearing may impose anytime and without prior notice more stringent requirements on positions that in our sole discretion involve higher levels of risk; for example, higher limits may apply for thinly traded, speculative or volatile securities, or concentrated positions of securities. You may purchase only certain securities on margin or use them as collateral in your Margin and Short Account. Most stocks traded on national securities exchangesadd any new Balance Transfers, and some over-the-counter (OTC) securities are marginable. At our discretion, Apex Clearing reserves the right not to extend credit on subtract any security. Equity securities with a market value of less than $3 per share may not be purchased on margin unpaid interest or deposited as margin collateral. If the market value of a security drops below $3.00 per share, the security will not be assigned other finance charges and any value as collateral to secure your margin obligations. Margin Maintenance Requirements You must maintain a minimum amount of equity in your account to collateralize your outstanding loans and other obligations. Margin maintenance requirements are set: ▪ By the rules and regulations of the New York Stock Exchange, the American Stock Exchange, and other regulatory agencies to the jurisdiction of which Apex Clearing are subject; and ▪ According to our sole discretion and judgment You agree to maintain in your Margin and Short Account collateral of the type and amount required by: ▪ Applicable exchange rules and federal regulations ▪ Our Disclosure of Credit Terms and Policies; payments or ▪ As required by Apex Clearing, at Apex Clearing’s discretion Margin maintenance requirements may change without prior notice. Apex Clearing may issue a "margin call" (that is, a notification to deposit additional collateral) if your account equity falls below the margin maintenance requirementcredits. This can happen gives us the daily balance for various reasonsBalance Transfers. The most common reasons are a decrease Then, we add up all the daily balances for the billing cycle and divide the total by the number of days in the value of long securities held as collateral or an increase in the value of securities held shortbilling cycle. As a general guideline and when it is practicable to do so, Apex Clearing may (but is not required to) issue a margin call when the equity in your Margin and Short Account falls below a predetermined percentage of the market value of assets at risk (that is, the sum of the market values of the long and short equity security positions) in your Margin and Short Account. The amount of additional collateral Apex Clearing requires usually is an amount sufficient to raise your equity to minimum standards. For information on the current equity requirements, please contact Apex. Apex Clearing retains absolute discretion to determine whether, when and in what amounts Apex Clearing will require additional collateral. In some situations, Apex Clearing may find it necessary to require a higher level of equity in your account. For example, Apex Clearing may require additional collateral if an account contains: ▪ Only one security or a large concentration of one or more securities; or ▪ Low-priced, thinly traded, or volatile securities; or if ▪ Some of your collateral is or becomes restricted or non-negotiable or non- marginable Apex Clearing also may consider market conditions and your financial resources. CUSTOMER ACCOUNT AGREEMENT This Customer Account Agreement (gives us the “Agreement”) sets forth the respective rights and obligations average daily balance” of Apex Clearing Corporation (“you” or “your” or “Apex”) and the Customer’s (as defined below) brokerage firm (the “Introducing Broker”), and the customer(s) identified on the New Account Application (the “Customer”) in connection with the Customer’s brokerage account with the Introducing Broker (“the Account”)Balance Transfers. The Customer hereby agrees as follows with respect to the Account, which the Customer has established with the Introducing Broker for the purchase, sale or carrying of securities or contracts relating thereto and/or the borrowing of funds, which transactions are cleared through you. To help the government fight the funding of terrorism and money laundering, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. In order to open an account, the Customer will provide information that will allow you to identify the Customer including, but not limited to, the Customer’s name, address, date of birth, and the Customer’s driver’s license or other identifying documents13.

Interest Charges. Apex Clearing We will charge interest on a daily basis on the credit extended we extend to you. The daily interest charges are calculated by multiplying your "daily adjusted debit balance" by the "daily margin interest rate." Generally speaking, your daily adjusted debit balance is the actual settled debit balance in your Margin and Short Account, increased by the value of securities held short and reduced by the amount of any settled credit balance carried in your Cash Account. Apex Clearing calculates We calculate your daily-adjusted debit balance each day by adjusting your previous day's balance by any debits and credits to your account and by changes in the value of short positions. If your daily-adjusted debit balance is reduced because you deposit a check or other item that is later returned to Apex Clearing us unpaid, Apex Clearing we may adjust your account to reflect interest charges you have incurred. Apex Clearing reserves We reserve the right to charge interest on debit balances in the Cash Account. Periodically, Apex Clearing we will send you a comprehensive statement showing the activity in your account, including applicable interest charges, interest rates and adjusted daily debit balances. Daily Margin Interest Rate Rate. The "daily margin interest rate" is based on a 360-day year. It is calculated for each day by dividing the applicable base margin interest rate shown in the table below by 360. Note that the use of a 360-day year results in a higher effective rate of interest than if a year of 365 days were used. Apex Clearing sets The applicable margin interest rate is the Base Rate at its discretion with reference to commercially recognized interest rates, industry conditions relating to the extension of margin credit and general credit market conditionsbase rate for all daily adjusted debit balances. Your margin interest rate will be adjusted automatically and without notice to reflect any change in the Base Rate. If your interest rate increases for any reason other than a change in the Base Rate, Apex Clearing we will give you written notice at least 30 days days' prior to that change. Compounding Interest Charges Apex Clearing compounds Charges. We compound interest on a daily basis. Interest charges will accrue to your account each day. Apex Clearing We will include the charges in the next day's opening debit balance and charge interest accordingly. The interest rates described above do not reflect compounding of unpaid interest charges; the effective interest rate, taking into effect such compounding, will be higher. Initial Margin Requirements Requirements. The Federal Reserve Board and various stock exchanges determine margin loan rules and regulations. When you purchase securities on margin, you agree to depos it deposit the required initial equity by the settlement date and to maintain your equity at the required levels. The maximum amount Apex Clearing we currently may loan for common stock (equity) securities is 50% of the value of marginable securities purchased in your Margin and Short Account; different requirements apply to nonequity non- equity securities, such as bonds or options. If the market value of stock held as collateral increases after you have met the initial margin requirements, your available credit may increase proportionately. Conversely, if the market value decreases, your available credit may proportionately decrease. Initial margin requirements may change without prior notice. Apex Clearing We may impose anytime and without prior notice more stringent requirements on positions that in our sole discretion involve higher levels of risk; for example, higher limits may apply for thinly traded, speculative or volatile securities, or concentrated positions of securities. You may purchase only certain securities on margin or use them as collateral in your Margin and Short Account. Most stocks traded on national securities exchanges, and some over-the-counter (OTC) securities are marginable. At our discretion, Apex Clearing reserves we reserve the right not to extend credit on any security. Equity securities with a market value of less than $3 per share may not be purchased on margin or deposited as margin collateral. If the market value of a security drops below $3.00 3 per share, the security will not be assigned any value as collateral to secure your margin obligations. Margin Maintenance Requirements You must maintain a minimum amount of equity in your account to collateralize your outstanding loans and other obligations. Margin maintenance requirements are set: ▪ By the rules and regulations of the New York Stock Exchange, the American Stock Exchange, and other regulatory agencies to the jurisdiction of which Apex Clearing are subject; and ▪ According to our sole discretion and judgment You agree to maintain in your Margin and Short Account collateral of the type and amount required by: ▪ Applicable exchange rules and federal regulations ▪ Our Disclosure of Credit Terms and Policies; or ▪ As required by Apex Clearing, at Apex Clearing’s discretion Margin maintenance requirements may change without prior notice. Apex Clearing may issue a "margin call" (that is, a notification to deposit additional collateral) if your account equity falls below the margin maintenance requirement. This can happen for various reasons. The most common reasons are a decrease in the value of long securities held as collateral or an increase in the value of securities held short. As a general guideline and when it is practicable to do so, Apex Clearing may (but is not required to) issue a margin call when the equity in your Margin and Short Account falls below a predetermined percentage of the market value of assets at risk (that is, the sum of the market values of the long and short equity security positions) in your Margin and Short Account. The amount of additional collateral Apex Clearing requires usually is an amount sufficient to raise your equity to minimum standards. For information on the current equity requirements, please contact Apex. Apex Clearing retains absolute discretion to determine whether, when and in what amounts Apex Clearing will require additional collateral. In some situations, Apex Clearing may find it necessary to require a higher level of equity in your account. For example, Apex Clearing may require additional collateral if an account contains: ▪ Only one security or a large concentration of one or more securities; or ▪ Low-priced, thinly traded, or volatile securities; or if ▪ Some of your collateral is or becomes restricted or non-negotiable or non- marginable Apex Clearing also may consider market conditions and your financial resources. CUSTOMER ACCOUNT AGREEMENT This Customer Account Agreement (the “Agreement”) sets forth the respective rights and obligations of Apex Clearing Corporation (“you” or “your” or “Apex”) and the Customer’s (as defined below) brokerage firm (the “Introducing Broker”), and the customer(s) identified on the New Account Application (the “Customer”) in connection with the Customer’s brokerage account with the Introducing Broker (“the Account”). The Customer hereby agrees as follows with respect to the Account, which the Customer has established with the Introducing Broker for the purchase, sale or carrying of securities or contracts relating thereto and/or the borrowing of funds, which transactions are cleared through you. To help the government fight the funding of terrorism and money laundering, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. In order to open an account, the Customer will provide information that will allow you to identify the Customer including, but not limited to, the Customer’s name, address, date of birth, and the Customer’s driver’s license or other identifying documents.

Interest Charges. Apex Clearing will charge interest on a daily basis on the credit extended it extends to you. The rate of interest charged by Apex is set by us and can be found at xxxxx://xxxxxxxxxxxx.xxx/welcome/public/commissions.aspx or xxxxx://xxxxxxxxxx.xxx/Account/Commissions.aspx. The daily interest charges are calculated by multiplying your "daily adjusted debit balance" by the "daily margin interest rate." Generally speaking, your daily adjusted debit balance is the actual settled debit balance in your Margin and Short Account, increased by the value of securities held short and reduced by the amount of any settled credit balance carried in your Cash Account. Apex Clearing calculates your Your daily-adjusted debit balance is calculated each day by adjusting your previous day's balance by any debits and credits to your account and by changes in the value of short positions. If your daily-adjusted debit balance is reduced because you deposit a check or other item that is later returned to Apex Clearing us unpaid, Apex Clearing may adjust your account may be adjusted to reflect interest charges you have incurred. Apex Clearing reserves the right to charge interest on debit balances in the Cash Account. Periodically, we or Apex Clearing will send you a comprehensive statement showing the activity in your account, including applicable interest charges, interest rates and adjusted daily debit balances. Daily Margin Interest Rate Rate. The "daily margin interest rate" is based on a 360-day year. It is calculated for each day by dividing the applicable base margin interest rate shown in the table below by 360. Note that the use of a 360-day year results in a higher effective rate of interest than if a year of 365 days were used. Apex Clearing sets The applicable margin interest rate is the Base Rate at its discretion with reference to commercially recognized interest rates, industry conditions relating to the extension of margin credit and general credit market conditionsbase rate for all daily adjusted debit balances as communicated above. Your margin interest rate will be adjusted automatically and without notice to reflect any change in the Base Ratebase rate. If your interest rate increases for any reason other than a change in the Base Ratebase rate, we or Apex Clearing will give you written notice at least 30 days prior to that change. Compounding Interest Charges Apex Clearing Charges. Interest compounds interest on a daily basis. Interest charges will accrue to your account each day. Apex Clearing will include the charges in the next day's opening debit balance and charge interest accordingly. The interest rates described above do not reflect compounding of unpaid interest charges; the effective interest rate, taking into effect such compounding, will be higher. Initial Margin Requirements Requirements. The Federal Reserve Board and various stock exchanges determine margin loan rules and regulations. When you purchase securities on margin, you agree to depos it deposit the required initial equity by the settlement date and to maintain your equity at the required levels. The maximum amount Apex Clearing we currently may loan for common stock (equity) securities is 50% of the value of marginable securities purchased in your Margin and Short Account; different requirements apply to nonequity non- equity securities, such as bonds or options. If the market value of stock held as collateral increases after you have met the initial margin requirements, your available credit may increase proportionately. Conversely, if the market value decreases, your available credit may proportionately decrease. Initial margin requirements may change without prior notice. Apex Clearing may impose anytime and without prior notice more stringent requirements on positions that in our its sole discretion involve higher levels of risk; for example, higher limits may apply for thinly traded, speculative or volatile securities, or concentrated positions of securities. You may purchase only certain securities on margin or use them as collateral in your Margin and Short Account. Most stocks traded on national securities exchanges, and some over-the-counter (OTC) securities are marginable. At our Apex’s discretion, Apex Clearing it reserves the right not to extend credit on any security. Equity securities with a market value of less than $3 per share may not be purchased on margin or deposited as margin collateral. If the market value of a security drops below $3.00 3 per share, the security will not be assigned any value as collateral to secure your margin obligations. Margin Maintenance Requirements You must maintain a minimum amount of equity in your account to collateralize your outstanding loans and other obligations. Margin maintenance requirements are set: ▪ By the rules and regulations of the New York Stock Exchange, the American Stock Exchange, and other regulatory agencies to the jurisdiction of which Apex Clearing are subject; and ▪ According to our sole discretion and judgment You agree to maintain in your Margin and Short Account collateral of the type and amount required by: ▪ Applicable exchange rules and federal regulations ▪ Our Disclosure of Credit Terms and Policies; or ▪ As required by Apex Clearing, at Apex Clearing’s discretion Margin maintenance requirements may change without prior notice. Apex Clearing may issue a "margin call" (that is, a notification to deposit additional collateral) if your account equity falls below the margin maintenance requirement. This can happen for various reasons. The most common reasons are a decrease in the value of long securities held as collateral or an increase in the value of securities held short. As a general guideline and when it is practicable to do so, Apex Clearing may (but is not required to) issue a margin call when the equity in your Margin and Short Account falls below a predetermined percentage of the market value of assets at risk (that is, the sum of the market values of the long and short equity security positions) in your Margin and Short Account. The amount of additional collateral Apex Clearing requires usually is an amount sufficient to raise your equity to minimum standards. For information on the current equity requirements, please contact Apex. Apex Clearing retains absolute discretion to determine whether, when and in what amounts Apex Clearing will require additional collateral. In some situations, Apex Clearing may find it necessary to require a higher level of equity in your account. For example, Apex Clearing may require additional collateral if an account contains: ▪ Only one security or a large concentration of one or more securities; or ▪ Low-priced, thinly traded, or volatile securities; or if ▪ Some of your collateral is or becomes restricted or non-negotiable or non- marginable Apex Clearing also may consider market conditions and your financial resources. CUSTOMER ACCOUNT AGREEMENT This Customer Account Agreement (the “Agreement”) sets forth the respective rights and obligations of Apex Clearing Corporation (“you” or “your” or “Apex”) and the Customer’s (as defined below) brokerage firm (the “Introducing Broker”), and the customer(s) identified on the New Account Application (the “Customer”) in connection with the Customer’s brokerage account with the Introducing Broker (“the Account”). The Customer hereby agrees as follows with respect to the Account, which the Customer has established with the Introducing Broker for the purchase, sale or carrying of securities or contracts relating thereto and/or the borrowing of funds, which transactions are cleared through you. To help the government fight the funding of terrorism and money laundering, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. In order to open an account, the Customer will provide information that will allow you to identify the Customer including, but not limited to, the Customer’s name, address, date of birth, and the Customer’s driver’s license or other identifying documents.