Common use of Systematic Investing Clause in Contracts

Systematic Investing. Unless I have entered into an Xxxxxx Xxxxx investment advisory agreement that states otherwise, this section applies: As designated by me, Xxxxxx Xxxxx will automatically purchase, sell, or exchange certain securities on a periodic basis. These systematic transaction programs include: (1) automatic dividend reinvestments (“Dividend Reinvestment Program”); (2) automatic distribution cross-reinvestments (“Cross-Reinvestment Program”); (3) periodic transactions of certain mutual funds (“Systematic Mutual Fund Program”); and (4) periodic transactions of certain equity securities (“Dollar Cost Averaging Program”). I authorize Xxxxxx Xxxxx to act as my agent with respect to any securities I designate pursuant to a systematic transaction program in which I enroll following my oral or written instruction. Participation in a systematic transaction program is voluntary and I may modify or discontinue my participation at any time. Only certain securities, as determined by Xxxxxx Xxxxx, are eligible for participation. I understand participation in a systematic transaction program does not ensure profits on my investments or protect against losses in declining markets and that Xxxxxx Xxxxx is not recommending the purchase or sale of any security by designating it as eligible for participation in a systematic transaction program.

Systematic Investing. Unless I have entered into an Xxxxxx Xxxxx investment advisory agreement that states otherwise, this section applies: As designated by me, Xxxxxx Xxxxx will automatically purchase, sell, or exchange certain securities on a periodic basis. These systematic transaction programs include: (1) automatic dividend reinvestments (“Dividend Reinvestment Program”); (2) automatic distribution cross-reinvestments (“Cross-Reinvestment Program”); (3) periodic transactions of certain mutual funds (“Systematic Mutual Fund Program”); ) and (4) periodic transactions of certain equity securities (“Dollar Cost Averaging Program”). I authorize Xxxxxx Xxxxx to act as my agent with respect to any securities I designate pursuant to a systematic transaction program in which I enroll following my oral or written instruction. Participation in a systematic transaction program is voluntary and I may modify or discontinue my participation at any time. Only certain securities, as determined by Xxxxxx Xxxxx, are eligible for participation. I understand participation in a systematic transaction program does not ensure profits on my investments or protect against losses in declining markets and that Xxxxxx Xxxxx is not recommending the purchase or sale of any security by designating it as eligible for participation in a systematic transaction program.