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.