Epstein Secrets

er 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 ()BSI's rights or obligations under this Agreement without nodes to Client. 2. Cash Account. DOS! will classify each Accountas a ca

. and the services rendered thereunder, are not intended to create a joint venture, partnership or other form of business organization of any kind. Pershing shall not be responsible or liable to Client far any acts or omissions of D8SI or ifs employees. Pershing does not provide investment advice, nor of

have the discretion to determine which Securities and Other Property to apply for the purposes of the foregoing. With respect to the Pershing Lien, Pershing may, at any time and without prior notice, sell, transfer, release, exchange, settle or otherwise dispose of or deal with any or all Margin Collater

uch rights may be assigned to each other. 9. Leen or Pledge of Securities and Other Property Within the limitations imposed by applicable law, all Securities end Other Property now or hereafter held, caned, or maintained by D851 in its possession that have rot been fully paid for, may be lent, either tn OBSI or to others, p

its Affiliates a Security Interest In and lien upon all Securities and Other Property In the possession or control of DBSI, any of its Affiliates or Pershing, in which Client has an Interest (held Individually, jointly or otherwise) (collectively all such Securities and Other Property are rederred to here

ly make full cash payment of any amount which may become due In order to meet necessary requests for additional deposits; and N) with respect to any Securities end Other Property sold, Client will satisfy any mark to the market deficiencies. 3. Sales of Securities Client must affect all Short Sales in a margin account end d

7. Credit Information and Investigation Client authorizes DBSI and Pershing to obtain reports concerning Client's credit standing end business conduct at their discretion without notifying Client. Client also authorizes DBSI

er Properly held In Account(s). 9. Consent to Loan or Pledge of Securities and Other Property Within the limitations imposed by Applicable Lew, all Securities end Other Property now or hereafter held, carried, or maintained by or In the possession of DBSI that have not been fully paid for, or ere held in a margin account as

ty arising from the execution of trunsoother based on such Instruotions. 12. Role of Conant -ftsfrd Potties. ons1engrges a thInfmatty leering agent. Pershing. Client understands that Pershing Is the custodian of Client's insets, clears and settles en trensections. end extends credit on any margin purchase

ly.make lull cesb payment of ony aninunt which mey become due in order m meelr.easeary requests for additional deposits and tel with respect to any Securities end Other Property sold, Client will satisfy any mark to the marker deficient**. Client must effect all Short Sales in a margin account and designate these sales as *s