Common use of Termination of Authorizations Clause in Contracts

Termination of Authorizations. The authorizations I have granted in this BAA will remain effective until I have revoked any of them by giving written notice to Schwab. Such revocation will not affect my obligation resulting from trans- actions prior to Schwab's receipt of such written xxxxxx. I understand that if Schwab terminates its Investment Management Service Agreement with IM, Schwab will not be obligated to honor the authorizations I have granted to IM in this BAA; I will have exclusive control over, and responsibility for, my account; and unless Schwab notifies me otherwise, my account will become a Schwab retail brokerage account. Schwab will notify me as soon as reasonably possible after any such termination.