Common use of Risk of Trading Nasdaq Clause in Contracts

Risk of Trading Nasdaq. Amex Securities at the Exchange: The securities under the Nasdaq-Amex Pilot Program ("PP") are aimed at sophisticated investors. The Client should consult his professional advisors and become familiarised with the PP before trading in the PP Securities. The Client should be aware that the PP securities are not regulated as a primary or secondary listing on the Main Board or Catalist of the Exchange.

Risk of Trading Nasdaq. Amex Securities at the Exchange: SEHK The securities under the NasdaqNASDAQ-Amex Pilot Program ("PP") are aimed at sophisticated investors. The Client Customer should consult his professional advisors the Customer's dealer and become familiarised with the PP before trading in the PP Securitiessecurities. The Client Customer should be aware that the PP securities are not regulated as a primary or secondary listing on the Main Board or Catalist the GEM of the ExchangeSEHK.

Risk of Trading Nasdaq. Amex Securities at the Exchange: The securities under the Nasdaq-Amex Pilot Program ("PP") are aimed at sophisticated investors. The Client should consult his professional advisors and become familiarised familiarized with the PP before trading in the PP Securities. The Client should be aware that the PP securities are not regulated as a primary or secondary listing on the Main Board or Catalist GEM of the Exchange.

Risk of Trading Nasdaq. Amex Securities at the Exchange: SEHK The securities under the NasdaqNASDAQ-Amex Pilot Program ("“PP"”) are aimed at sophisticated investors. The Client Customer should consult his professional advisors the Customer’s dealer and become familiarised with the PP before trading in the PP Securitiessecurities. The Client Customer should be aware that the PP securities are not regulated as a primary or secondary listing on the Main Board or Catalist the GEM of the ExchangeSEHK.