ContractCd Brokerage Agreement brokerage Agreement • May 5th, 2020 • New York
EX-1.20 2 y72008exv1w20.htm EX-1.20: FORM OF BROKERAGE AGREEMENT Exhibit 1.20 FORM OF CD BROKERAGE AGREEMENT BROKERAGE AGREEMENT (“the Agreement”) dated , 20___, between Goldman Sachs Bank USA, an industrial bank organized under the laws of the State of Utah (the “Depository”) and [Name of institution], a organized under the laws of (“Broker”). WHEREAS, the Depository desires to offer to Broker customers from time to time its certificates of deposit and/or callable certificates of deposit with terms and conditions as may be agreed upon by the parties (hereinafter called collectively the “CDs”); [and] WHEREAS, Broker is willing to act as a broker in effecting sales of CDs offered by the Depository from time to time to Broker’s customers (each, a “Purchaser”)[; and] [WHEREAS, Broker may enter into selling group agreements (each, a “Selling Group Agreement”) with one or more financial institutions (each, a “Selling Group Member” or “Member” and, collectively, the “Selling Group”) to parti
