CLEARING AGREEMENTClearing Agreement • October 29th, 2002 • America First Associates Corp • Security brokers, dealers & flotation companies • New York
We understand that you, America First Associates Corp, ("AFA", " Correspondent" or "Introducing Broker") propose to offer all individuals who desire to establish an account with you a facility pursuant to which customers through such account may purchase and sell securities. U.S. Clearing is a division of Fleet Securities, Inc. ("USC"), a registered broker-dealer and a member firm of the New York Stock Exchange, Inc. ("NYSE") and other national securities exchanges. You propose that this facility would be made available through customer accounts ("Accounts") which would be opened with us by you as agent for each of your customers. You agree that all your Accounts, both customer and proprietary, whether cash, margin or delivery vs. payment, will be introduced to USC on a fully disclosed basis. All orders to buy or sell securities (other than options), whether equity or debt, may be executed away from USC but will be cleared through USC regardless of where executed. In the event AFA does
