Common use of REQUEST FOR DIFFERENT Clause in Contracts

REQUEST FOR DIFFERENT. CLASSIFICATION The following types of requests are provided under the Law; • A Retail Client has the right to request a different classification to become a Professional Client but he will be afforded a lower level of protection. • A Retail Client has the right to request a different classification to become an Experienced Retail Client. • An Experienced Retail Client has the right to request a different classification as a Retail Client. • An Experienced Retail Client has the right to request a different classification as a Professional Client, but he will be afforded a lower level of protection. • A Professional Client has the right to request a different classification as a Retail Client or an Experienced Retail Client in order to obtain a higher level of protection. • A Professional Client has the right to request to be treated as an Eligible Counterparty, obtaining therefore a lower level of protection. • An Eligible Counterparty has the right to request a different classification of either a Professional Client or Experienced Retail Client or Retail Client in order to obtain a higher level of protection. The Company has the right to decline any of the above Clients’ requests for different classification. Professional Clients and Eligible Counterparties are responsible for keeping the Company informed of any change which could affect their current categorization. If the Company becomes aware that the Client no longer fulfills the initial conditions, which made him eligible for a professional treatment, the Company shall take appropriate actions.

REQUEST FOR DIFFERENT. CLASSIFICATION The following types of requests are provided under the Law; • A Retail Client has the right to request a different classification to become a Professional Client but he will be afforded a lower level of protection. • A Retail Client has the right to request a different classification to become an Experienced Retail Client. • An Experienced Retail Client has the right to request a different classification as a Retail Client. • An Experienced Retail Client has the right to request a different classification as a Professional Client, but he will be afforded a lower level of protection. • A Professional Client has the right to request a different classification as a Retail Client or an Experienced Retail Client in order to obtain a higher level of protection. • A Professional Client has the right to request to be treated as an Eligible Counterparty, obtaining therefore a lower level of protection. • An Eligible Counterparty has the right to request a different classification of either a Professional Client or Experienced Retail Client or Retail Client in order to obtain a higher level of protection. The Company has the right to decline any of the above Clients’ requests for different classification. Professional Clients and Eligible Counterparties are responsible for keeping the Company informed of any change which could affect their current categorization. If the Company becomes aware that the Client no longer fulfills fulfils the initial conditions, which made him eligible for a professional treatment, the Company shall take appropriate actions.