Systematic Transactions Generally. Xxxxxx Xxxxx offers a variety of systematic transaction services under which it will automatically purchase, sell, or exchange certain securities designated by me on a periodic basis. These programs include: (1) automatic dividend reinvestments (“Dividend Reinvestment Program”); (2) automatic distribution cross- reinvestments (“Cross-Reinvestment Program”); (3) periodic transactions of certain open-end investment companies (“Systematic Mutual Fund Program”); and (4) periodic transactions of certain equity securities (“Dollar Cost Averaging Program”). By signing Xxxxxx Xxxxx’ Account Authorization and Agreement Form, I authorize Xxxxxx Xxxxx to act as my agent to purchase, sell, or exchange the specific securities that I designate pursuant to Xxxxxx Xxxxx’ systematic transactions program in which I enroll. I will be enrolled in any systematic transactions program following my oral or written instruction to my financial advisor or other authorized representative of Xxxxxx Xxxxx and processed by Xxxxxx Xxxxx. Participation in these programs is entirely voluntary and I may modify or discontinue my participation at any time by contacting my financial advisor or other authorized representative of Xxxxxx Xxxxx. Such modification or cancellation will not affect any obligations resulting from transactions prior to Xxxxxx Xxxxx’ receipt of such notice. Only certain securities, as determined by Xxxxxx Xxxxx, are eligible for participation in systematic transactions. I understand that participation in Xxxxxx Xxxxx’ systematic transaction programs does not ensure profits on my investments or protect against losses in declining markets. I understand that Xxxxxx Xxxxx is not recommending the purchase or sale of any security by designating it as eligible under the systematic transaction program.
