Common use of Joint Account Clause in Contracts

Joint Account. Client may open a joint account by following the prompts on the Website, which may include additional terms that are hereby incorporated into this Agreement. By completing the joint account application process, both signatories become Account Holders and are subject to, among other things, the “Multiple Account Holders” section below. Betterment only offers one type of joint account: joint tenants with rights of survivorship. For joint tenants with rights of survivorship, on the death of an account owner the entire interest in the account generally goes to the surviving account owner, on the same terms and conditions. Client is responsible for verifying that this joint registration is valid in Client’s state. Laws may vary by state, and this type of ownership may not be available in Client’s state. Client shall consult with Client’s tax professional or state laws to learn more about joint accounts and the rights associated with such accounts. Client agrees and understands that Betterment will not help Client determine if this type of account is appropriate for Client’s particular situation. Client shall not create a joint account with Betterment if Client’s state does not permit or recognize joint tenants with rights of survivorship. The Betterment individual account holder who initiates the joint account application process via the Website and first executes this agreement electronically will be the Primary Account Holder. Betterment Securities will send year-end tax forms to the Primary Account Holder only.

Joint Account. Client may open a joint account by following the prompts on the Website, which may include additional terms that are hereby incorporated into this Agreement. By completing the joint account application process, both signatories become Account Holders and are subject to, among other things, the “Multiple Account Holders” section below. Betterment Securities only offers one type of joint account: joint tenants with rights of survivorship. For joint tenants with rights of survivorship, on the death of an account owner the entire interest in the account generally goes to the surviving account owner, on the same terms and conditions. Client is responsible for verifying that this joint registration is valid in Client’s state. Laws may vary by state, and this type of ownership may not be available in Client’s state. Client shall consult with Client’s tax professional or state laws to learn more about joint accounts and the rights associated with such accounts. Client agrees and understands that Betterment Securities will not help Client determine if this type of account is appropriate for Client’s particular situation. Client shall not create a joint account with Betterment Securities if Client’s state does not permit or recognize joint tenants with rights of survivorship. The Betterment Securities individual account holder who initiates the joint account application process via the Website and first executes this agreement electronically will be the Primary Account Holder. Betterment Securities will send year-end tax forms to the Primary Account Holder only.

Joint Account. Client may open a joint account by following the prompts on the Website, which may include additional terms that are hereby incorporated into this Brokerage Agreement. By completing the joint account application process, both signatories become Account Holders and are subject to, among other things, the “Multiple Account Holders” section below. Betterment Securities only offers one type of joint account: joint tenants with rights of survivorship. For joint tenants with rights of survivorship, on the death of an account owner the entire interest in the account generally goes to the surviving account owner, on the same terms and conditions. Client is responsible for verifying that this joint registration is valid in Client’s state. Laws may vary by state, and this type of ownership may not be available in Client’s state. Client shall consult with Client’s tax professional or state laws to learn more about joint accounts and the rights associated with such accounts. Client agrees and understands that Betterment Securities will not help Client determine if this type of account is appropriate for Client’s particular situation. Client shall not create a joint account with Betterment Securities if Client’s state does not permit or recognize joint tenants with rights of survivorship. The Betterment Securities individual account holder who initiates the joint account application process via the Website and first executes this agreement Brokerage Agreement electronically will be the Primary Account Holder. Betterment Securities will send year-end tax forms to the Primary Account Holder only.

Joint Account. Client may open a joint account by following the prompts on the Website, which may include additional terms that are hereby incorporated into this Sub-Advisory Agreement. By completing the joint account application process, both signatories become Account Holders and are subject to, among other things, the “Multiple Account Holders” section below. Betterment only offers one type of joint account: joint tenants with rights of survivorship. For joint tenants with rights of survivorship, on the death of an account owner the entire interest in the account generally goes to the surviving account owner, on the same terms and conditions. Client is responsible for verifying that this joint registration is valid in Client’s state. Laws may vary by state, and this type of ownership may not be available in Client’s state. Client shall consult with Client’s tax professional or state laws to learn more about joint accounts and the rights associated with such accounts. Client agrees and understands that Betterment will not help Client determine if this type of account is appropriate for Client’s particular situation. Client shall not create a joint account with Betterment if Client’s state does not permit or recognize joint tenants with rights of survivorship. The Betterment individual account holder who initiates the joint account application process via the Website and first executes this agreement Sub-Advisory Agreement electronically will be the Primary Account Holder. Betterment Securities will send year-end tax forms to the Primary Account Holder only.