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e deemed a waiver of such right or any other right granted hereunder. OBS, retains the right to delegate to its agent, including its clearing agent, Pershing LLC (*Pershing"), one or more of DBSI's rights or obligatinns undet this Agreement without notice to Client. 2. Cash Account. DBSI will classify each A
not receive payment by settlement date. Alternatively, upon Client's failure to pay for purchased and settled securities. DBSI has the right to sell Securities and Other Property Held in any of Client's Account(s), and charge to Client any loss resulting therefrom. 11111941m v‘ 12•PWM-0673 012145.011113 CONFIDENTIAL - PURSUAN
e deemed a waiver of such right or any other right granted hereunder. DBSI retains the right to delegate to its agent, including its clearing agent, Pershing LLC (*Pershing"), one or more of DBSI's rights or obligatinns midst this Agreement without notice to Client. 2. Cash Account. DBSI will classify each A
not receive payment by settlement date. Alternatively, upon Client's failure to pay for purchased and settled securities. DBSI has the right to sell Securities and Other Property Held in any of Client's Account(s), and charge to Client any loss resulting therefrom. 11111941m v‘ 124+W/40673 012145.011113 CONFIDENTIAL - PURSUAN
e deemed a waiver of such right or any other right granted hereunder. OBS, retains the right to delegate to its agent, including its clearing agent, Pershing LLC (*Pershing"), one or more of DBSI's rights or obligatinns 'India this Agreement without notice to Client. 2. Cash Account. DBSI will classify each
not receive payment by settlement date. Alternatively, upon Client's failure to pay for purchased and settled securities. DBSI has the right to sell Securities and Other Property Held in any of Client's Account(s), and charge to Client any loss resulting therefrom. 11111941m v‘ 12•PWM-0673 012145.011113 CONFIDENTIAL - PURSUAN
Entities connected to both Pershing LLC and Securities and Other Property Held