Common use of OTHER SERVICES AND BENEFITS TO ADVISOR Clause in Contracts

OTHER SERVICES AND BENEFITS TO ADVISOR. You understand that LPL provides Advisor and its associated persons with services and benefits to help Advisor conduct its advisory business and to service you. LPL provides services on behalf of Advisor with respect to your account, for example, for fee billing and/or performance reporting. LPL may or may not charge Advisor a separate administrative fee for such services, depending on the nature and scope of the business of Advisor (or a particular associated person of Advisor) with LPL. LPL also provides Advisor and its associated persons services and benefits that are separate from the administrative, custodial and brokerage services provided by LPL to you and Advisor under this agreement. LPL provides services, such as research and business consulting services, to Advisor and its associated persons. You understand that any research materials produced by LPL are intended only to be used by Advisor and not by you. Even if such research is used by Advisor to generate investment advice for your Account, you acknowledge that Advisor (and not LPL) is responsible for the investment advice. LPL pays for or provides Advisor with technology solutions and operational support to streamline Advisor’s business operation. This includes the use of LPL systems to facilitate business processing and access to client data. This may also include assisting Advisor in transitioning business to LPL and in completing forms necessary to permit clients in establishing accounts at LPL. In particular, in the case of associated persons of Advisor that are brokerage registered representatives of LPL, LPL provides bonuses, awards and other items of value to such individuals in connection with their brokerage association with LPL, for example, bonus payments based on production, awards of shares of LPL’s parent company, LPL Financial Holdings Inc., and attendance at LPL conferences and events. LPL may provide reimbursement for administrative and marketing related expenses such as business cards, letterhead, brochures, website design services, seminars and other client events. In certain cases, LPL also offers loans to Advisor or its associated persons to assist with transitioning business and accounts onto the LPL custodial platform. In some cases, LPL forgives all or a portion of the loan if Advisor or its associated persons maintain certain asset levels at LPL. The services Advisor and its associated persons receive from LPL may be based on the nature and scope of the business Advisor or its associated persons do with LPL and may be offered to Advisor or its associated persons at no fee or at a discounted fee. Some of these services and benefits help Advisor monitor and service the Account, but others benefit only Advisor and its associated persons. As a result, these services and benefits to Advisor and its associated persons cause a conflict of interest to Advisor, as Advisor and its associated persons have a financial incentive to recommend that you establish an account with LPL. 1. You understand that investing in securities involves risks and that many variables, including, but not limited to market and economic fluctuations, may have a substantial negative effect on the value of your securities positions. Furthermore, you represent to LPL that you are willing to assume these risks and that you are in fact financially able to bear these risks. You agree to notify Advisor and LPL in writing should your financial condition materially change, or should your investment objective change from the one shown on the Account Application. 2. You agree to obtain from your Advisor current offering documents which fully describe each investment, including potential risks and costs, prior to purchasing an interest in a partnership, mutual fund, variable product, unit investment trust or any new issue. 3. It is usually not advisable to be induced by a pending dividend to purchase or sell securities.

OTHER SERVICES AND BENEFITS TO ADVISOR. You understand that LPL provides Advisor and its associated persons with services and benefits to help Advisor conduct its advisory business and to service you. LPL provides services on behalf of Advisor with respect to your account, for example, for fee billing and/or performance reporting. LPL may or may not charge Advisor a separate administrative fee for such services, depending on the nature and scope of the business of Advisor (or a particular associated person of Advisor) with LPL. LPL also provides Advisor and its associated persons services and benefits that are separate from the administrative, custodial and brokerage services provided by LPL to you and Advisor under this agreement. LPL provides services, such as research and business consulting services, to Advisor and its associated persons. You understand that any research materials produced by LPL are intended only to be used by Advisor and not by you. Even if such research is used by Advisor to generate investment advice for your Account, you acknowledge that Advisor (and not LPL) is responsible for the investment adviceadvice and, in particular, for the suitability of a Portfolio Manager or an investment strategy. LPL pays for or provides Advisor with technology solutions and operational support to streamline Advisor’s business operation. This includes the use of LPL systems to facilitate business processing and access to client data. This may also include assisting Advisor in transitioning business to LPL and in completing forms necessary to permit clients in establishing accounts at LPL. In particular, in the case of associated persons of Advisor that are brokerage registered representatives of LPL, LPL provides bonuses, awards and other items of value to such individuals in connection with their brokerage association with LPL, for example, bonus payments based on production, awards of shares of LPL’s parent company, LPL Financial Holdings Inc., and attendance at LPL conferences and events. LPL may provide reimbursement for administrative and marketing related expenses such as business cards, letterhead, brochures, website design services, seminars and other client events. In certain cases, LPL also offers loans to Advisor or its associated persons to assist with transitioning business and accounts onto the LPL custodial platform. In some cases, LPL forgives all or a portion of the loan if Advisor or its associated persons maintain certain asset levels at LPL. The services Advisor and its associated persons receive from LPL may be based on the nature and scope of the business Advisor or its associated persons do with LPL and may be offered to Advisor or its associated persons at no fee or at a discounted fee. Some of these services and benefits help Advisor monitor and service the Account, but others benefit only Advisor and its associated persons. As a result, these services and benefits to Advisor and its associated persons cause a conflict of interest to Advisor, as Advisor and its associated persons have a financial incentive to recommend that you establish an account with LPL. 1. You understand that investing in securities involves risks and that many variables, including, but not limited to market and economic fluctuations, may have a substantial negative effect on the value of your securities positions. Furthermore, you represent to LPL that you are willing to assume these risks and that you are in fact financially able to bear these risks. You agree to notify Advisor Advisor, Portfolio Manager and LPL in writing should your financial condition materially change, or should your investment objective change from the one shown on the Account Application. 2. You agree to obtain from your Advisor current offering documents which fully describe each investment, including potential risks and costs, prior to purchasing an interest in a partnership, mutual fund, variable product, unit investment trust or any new issue. 3. It is usually not advisable to be induced by a pending dividend to purchase or sell securities.