Common use of Investor Cash Clause in Contracts

Investor Cash. If You or your Investment Advisor does not select a Money Fund or Bank Sweep Product for your brokerage custody account(s), any uninvested cash balances in your brokerage custody account(s) may be eligible to receive the Investor Cash rate. Investment Advisors may also choose Investor Cash for your brokerage custody account(s) in lieu of the Program. Accounts eligible for the Investor Cash rate may earn interest on cash balances over $1 held in an account. Note that Investor Cash is not a security or a Bank Sweep Product and is therefore not FDIC insured, although the uninvested cash balance in your brokerage custody account(s) is eligible for protection by SIPC as described above. Investor Cash is not available for bank custody accounts or for retirement accounts on the brokerage custody platform. If You or your Investment Advisor does not select a Money Fund or Bank Sweep Product for these account(s), any uninvested cash balances in bank custody accounts will be invested in the Dreyfus Insured Deposit Program, while any uninvested cash balances in retirement accounts on the brokerage custody platform will be invested in the Pershing Government Account fund.

Investor Cash. If Your Investment Advisor may select a Custody Fee arrangement for your brokerage custody account that utilizes Investor Cash, a free credit balance which may be eligible to earn interest ("Investor Cash"), in lieu of the Program. Additionally, if You or your Investment Advisor does not select a Money Fund or Bank Sweep Product the Program for your brokerage custody account(s), any uninvested cash balances in your brokerage custody account(s) may be eligible to receive the Investor Cash rate. Investment Advisors may also choose Investor Cash for your brokerage custody account(s) in lieu of the Program. Accounts eligible for the Investor Cash rate may earn interest on cash balances over $1 held in an account. Note that Investor Cash is not a security or a Bank Sweep Product and is therefore not FDIC insured. Investor Cash is also not a security, although the uninvested cash balance in your brokerage custody account(s) is Investor Cash balances are eligible for SIPC protection by SIPC as described above. Investor Cash is not available for bank custody accounts or for retirement accounts on the brokerage custody platform. If You or your Investment Advisor does not select a Money Fund or Bank Sweep Product for these account(s), any uninvested cash balances in bank custody accounts will be invested in the Dreyfus Insured Deposit Program, while any uninvested cash balances in retirement accounts on the brokerage custody platform will be invested in the a Pershing Government Account money fund.