Common use of STANDING AUTHORIZATION FOR CLIENT MONEY Clause in Contracts

STANDING AUTHORIZATION FOR CLIENT MONEY. This authorization covers money held or received by SoFi Securities (Hong Kong) Limited (“SoFi HK”) in Hong Kong (including any interest derived from the holding of the client’s money) in one or more segregated account(s) on client’s behalf (“Monies”). Unless otherwise defined, all the terms used in this authorisation shall have the same meanings as in the Securities and Futures Ordinance (Cap 571 of the Laws of Hong Kong) (the “Securities and Futures Ordinance”) and the Securities and Futures (Client Money) Rules (Cap 571I of the Laws of Hong Kong) as amended from time to time. This instruction authorises SoFi HK to do any of the following without giving client(s) notice: 1. combine or consolidate any or all segregated accounts of client, of any nature whatsoever, maintained by SoFi HK or The Group (as defined in the Customer Agreement) and SoFi HK may transfer any sum of Monies to and between such segregated account(s) to satisfy client’s obligations or liabilities to SoFi HK or any member of The Group, whether such obligations and liabilities are actual, contingent, primary or collateral, secured or unsecured; 2. transfer any sum of Monies to any clearing/settlement account(s) maintained by SoFi HK with its agent broker(s) and/or clearing agent(s) for purpose of dealing in global securities transactions for and on behalf of client; and 3. transfer any sum of Monies interchangeably between any of the segregated accounts maintained at any time by SoFi HK or any member of The Group. Client hereby agrees to indemnify and to keep indemnified, SoFi HK, its agent broker(s) and/or clearing agent(s) from and against all losses, damages, interests, costs, expenses, actions, demands, claims or proceedings of whatsoever nature which they (or any of them) may incur, suffer and/or sustain as a consequence of any transaction undertaken in pursuance of this authority. This authority is given to SoFi HK in consideration of its agreeing to continue to maintain one or more trading account(s)with SoFi HK. This authority is given without prejudice to other authorities or rights which SoFi HK or SoFi HK’s Group Company may have in relation to dealing in Monies in the segregated accounts. This authority shall be valid for a period of twelve (12) months from the date of this notice, unless otherwise terminated by SoFi HK or revoked by client with notice in writing to SoFi HK. This authority may be revoked by client by giving SoFi HK written notice to SoFi HK’s address. Such notice shall take effect seven (7) Business Days after the date of SoFi HK’s actual receipt of such notice unless otherwise determined by SoFi HK. Client understand that this authority shall be deemed to be renewed on a continuing basis for a further period of not more than twelve (12) months without client’s written consent if SoFi HK issues client a written reminder/notice at least fourteen (14) days prior to the expiry date of this authority, and client do not object to such deemed renewal before such expiry date.

STANDING AUTHORIZATION FOR CLIENT MONEY. This authorization covers money held or received by SoFi Securities (Hong Kong) Limited (“SoFi HK”) in Hong Kong (including any interest derived from the holding of the client’s money) in one or more segregated account(s) on client’s behalf (“Monies”). Unless otherwise defineddefined, all the terms used in this authorisation shall have the same meanings as in the Securities and Futures Ordinance (Cap 571 of the Laws of Hong Kong) (the “Securities and Futures Ordinance”) and the Securities and Futures (Client Money) Rules (Cap 571I of the Laws of Hong Kong) as amended from time to time. This instruction authorises SoFi HK to do any of the following without giving client(s) notice: 1. combine or consolidate any or all segregated accounts of client, of any nature whatsoever, maintained by SoFi HK or The Group (as defined defined in the Customer Agreement) and SoFi HK may transfer any sum of Monies to and between such segregated account(s) to satisfy client’s obligations or liabilities to SoFi HK or any member of The Group, whether such obligations and liabilities are actual, contingent, primary or collateral, secured or unsecured; 2. transfer any sum of Monies to any clearing/settlement account(s) maintained by SoFi HK with its agent broker(s) and/or clearing agent(s) for purpose of dealing in global securities transactions for and on behalf of client; and 3. transfer any sum of Monies interchangeably between any of the segregated accounts maintained at any time by SoFi HK or any member of The Group. Client hereby agrees to indemnify and to keep indemnifiedindemnified, SoFi HK, its agent broker(s) and/or clearing agent(s) from and against all losses, damages, interests, costs, expenses, actions, demands, claims or proceedings of whatsoever nature which they (or any of them) may incur, suffer and/or sustain as a consequence of any transaction undertaken in pursuance of this authority. This authority is given to SoFi HK in consideration of its agreeing to continue to maintain one or more trading account(s)with account(s) with SoFi HK. This authority is given without prejudice to other authorities or rights which SoFi HK or SoFi HK’s Group Company may have in relation to dealing in Monies in the segregated accounts. This authority shall be valid for a period of twelve (12) months from the date of this notice, unless otherwise terminated by SoFi HK or revoked by client with notice in writing to SoFi HK. This authority may be revoked by client by giving SoFi HK written notice to SoFi HK’s address. Such notice shall take effect seven (7) Business Days after the date of SoFi HK’s actual receipt of such notice unless otherwise determined by SoFi HK. Client understand that this authority shall be deemed to be renewed on a continuing basis for a further period of not more than twelve (12) months without client’s written consent if SoFi HK issues client a written reminder/notice at least fourteen (14) days prior to the expiry date of this authority, and client do not object to such deemed renewal before such expiry date.

STANDING AUTHORIZATION FOR CLIENT MONEY. This authorization covers money held or received by SoFi Securities (Hong Kong) Limited (“SoFi HK”) in Hong Kong (including any interest derived from the holding of the client’s money) in one or more segregated account(s) on client’s behalf (“Monies”). Unless otherwise defineddefined, all the terms used in this authorisation shall have the same meanings as in the Securities and Futures Ordinance (Cap 571 of the Laws of Hong Kong) (the “Securities and Futures Ordinance”) and the Securities and Futures (Client Money) Rules (Cap 571I of the Laws of Hong Kong) as amended from time to time. This instruction authorises SoFi HK to do any of the following without giving client(s) notice: 1. combine or consolidate any or all segregated accounts of client, of any nature whatsoever, maintained by SoFi HK or The Group (as defined defined in the Customer Agreement) and SoFi HK may transfer any sum of Monies to and between such segregated account(s) to satisfy client’s obligations or liabilities to SoFi HK or any member of The Group, whether such obligations and liabilities are actual, contingent, primary or collateral, secured or unsecured; 2. transfer any sum of Monies to any clearing/settlement account(s) maintained by SoFi HK with its agent broker(s) and/or clearing agent(s) for purpose of dealing in global securities transactions for and on behalf of client; and 3. transfer any sum of Monies interchangeably between any of the segregated accounts maintained at any time by SoFi HK or any member of The Group. Client hereby agrees to indemnify and to keep indemnifiedindemnified, SoFi HK, its agent broker(s) and/or clearing agent(s) from and against all losses, damages, interests, costs, expenses, actions, demands, claims or proceedings of whatsoever nature which they (or any of them) may incur, suffer and/or sustain as a consequence of any transaction undertaken in pursuance of this authority. This authority is given to SoFi HK in consideration of its agreeing to continue to maintain one or more trading account(s)with SoFi HK. This authority is given without prejudice to other authorities or rights which SoFi HK or SoFi HK’s Group Company may have in relation to dealing in Monies in the segregated accounts. This authority shall be valid for a period of twelve (12) months from the date of this notice, unless otherwise terminated by SoFi HK or revoked by client with notice in writing to SoFi HK. This authority may be revoked by client by giving SoFi HK written notice to SoFi HK’s address. Such notice shall take effect seven (7) Business Days after the date of SoFi HK’s actual receipt of such notice unless otherwise determined by SoFi HK. Client understand that this authority shall be deemed to be renewed on a continuing basis for a further period of not more than twelve (12) months without client’s written consent if SoFi HK issues client a written reminder/notice at least fourteen (14) days prior to the expiry date of this authority, and client do not object to such deemed renewal before such expiry date.

STANDING AUTHORIZATION FOR CLIENT MONEY. This authorization covers money held or received by SoFi Securities (Hong Kong) Limited (“SoFi HK”) in Hong Kong (including any interest derived from the holding of the client’s money) in one or more segregated account(s) on client’s behalf (“Monies”). Unless otherwise defined, all the terms used in this authorisation shall have the same meanings as in the Securities and Futures Ordinance (Cap 571 of the Laws of Hong Kong) (the “Securities and Futures Ordinance”) and the Securities and Futures (Client Money) Rules (Cap 571I of the Laws of Hong Kong) as amended from time to time. This instruction authorises SoFi HK to do any of the following without giving client(s) notice: 1. combine or consolidate any or all segregated accounts of client, of any nature whatsoever, maintained by SoFi HK or The Group (as defined in the Customer Agreement) and SoFi HK may transfer any sum of Monies to and between such segregated account(s) to satisfy client’s obligations or liabilities to SoFi HK or any member of The Group, whether such obligations and liabilities are actual, contingent, primary or collateral, secured or unsecured; 2. transfer any sum of Monies to any clearing/settlement account(s) maintained by SoFi HK with its agent broker(s) and/or clearing agent(s) for purpose of dealing in global securities transactions for and on behalf of client; and 3. transfer any sum of Monies interchangeably between any of the segregated accounts maintained at any time by SoFi HK or any member of The Group. Client hereby agrees to indemnify and to keep indemnified, SoFi HK, its agent broker(s) and/or clearing agent(s) from and against all losses, damages, interests, costs, expenses, actions, demands, claims or proceedings of whatsoever nature which they (or any of them) may incur, suffer and/or sustain as a consequence of any transaction undertaken in pursuance of this authority. This authority is given to SoFi HK in consideration of its agreeing to continue to maintain one or more trading account(s)with account(s) with SoFi HK. This authority is given without prejudice to other authorities or rights which SoFi HK or SoFi HK’s Group Company may have in relation to dealing in Monies in the segregated accounts. This authority shall be valid for a period of twelve (12) months from the date of this notice, unless otherwise terminated by SoFi HK or revoked by client with notice in writing to SoFi HK. This authority may be revoked by client by giving SoFi HK written notice to SoFi HK’s address. Such notice shall take effect seven (7) Business Days after the date of SoFi HK’s actual receipt of such notice unless otherwise determined by SoFi HK. Client understand that this authority shall be deemed to be renewed on a continuing basis for a further period of not more than twelve (12) months without client’s written consent if SoFi HK issues client a written reminder/notice at least fourteen (14) days prior to the expiry date of this authority, and client do not object to such deemed renewal before such expiry date.