Common use of Joint Tenancy Clause in Contracts

Joint Tenancy. If this Account has more than one owner, the manner in which Stifel carries the names of the owners on its records shall designate the nature of the joint tenancy. You, and each of you, agree jointly and severally with Stifel: 1. To be fully and completely responsible for this Securities Account and to pay on demand any debit balance at any time. 2. That each of you has full power and authority to make purchases and sales, withdraw monies and property, or do anything else with reference to said Account, and Stifel is authorized and directed to act upon instructions of any of you; provided, however, that Stifel will make all checks payable to all tenants jointly and deliver property registered in the names of all tenants jointly unless all tenants provide Stifel with other written instructions. The authority of each of you to act in connection with this account shall continue until Stifel receives written notice from any of you revoking that authority. 3. That any notice of any kind sent to any of you shall be notice to each of you. 4. That this Agreement shall survive the disability or incompetence of any of you. 5. That in the event of the death of any of you, Stifel shall in good faith without actual notice of such death, continue to act under this Agreement. Any and all action so taken by Stifel shall be binding on the survivor(s) and his or her legal representatives, beneficiaries, and assigns, who shall also be bound by any payment or delivery made to or any transaction made by the survivor(s), and Stifel shall look only to the survivor(s).

Joint Tenancy. If this Account has more than one owner, the manner in which Stifel carries the names of the owners own- ers on its records shall designate the nature of the joint tenancytenan- cy. You, and each of you, agree jointly and severally with Stifel: 1. a. To be fully and completely responsible for this Securities Account and to pay on demand any debit balance at any time. 2. b. That each of you has full power and authority to make purchases and sales, withdraw monies and property, or do anything else with reference to said Account, and Stifel is authorized and directed to act upon instructions of any of you; provided, however, provided however that Stifel will make all checks payable to all tenants jointly and deliver property prop- erty registered in the names of all tenants jointly unless all tenants provide Stifel with other written instructions. The authority of each of you to act in connection with this account shall continue until Stifel receives written notice from any of you revoking that authority. 3. c. That any notice of any kind sent to any of you shall be notice to each of you. 4. d. That this Agreement shall survive the disability or incompetence of any of you. 5. e. That in the event of the death of any of you, Stifel shall in good faith without actual notice of such death, continue to act under this Agreement. Any and all action so taken by Stifel shall be binding on the survivor(s) and his or his/her legal representatives, beneficiariesben- eficiaries, and assigns, who shall also be bound by any payment or delivery made to or any transaction made by the survivor(s), and Stifel shall look only to the survivor(s).