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ations based on such instructions. 12. Role of Certain Tbird Parties. DBSI engages a third.Party ales ring agent, Perishing. Client understands that Pershing ie the custodian of Client's assets, clears and settles all transactions, and extends credit on any margin purchases. where applicable. Client furt
ch Securities and Other Property in Client's Margin Account(s) for margin purposes as shall be required under Applicable Law or otherwise by OBS! or Pershing for any reason. Client may be required to post, deposit or maintain aoditlanal ontlateral at any time. In addition to the rigthe othernise set birth
roperty on margin or otherwise, and (ii) any other instructions concerning Account(s). Client further understands that the contract between DBSI end Pershing. end the services rendered thereunder, are not intended to create a joint vendee, partnership, or other bun of business organization of any kied.Rer
EISI has the right to decline to accept an order for these securities until the transfer and registration of such securities has been approveo. 9. Order Placement arid Ca teellatiortrNlodification Requests. When Client verbally places a trade with a Chont Adviser, Client will be bound to the oral confirmation
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 MSC's rights or obligations under this Agracmont without notice to Client. 2. Cash Account. 0651 will classify each Account as a ca
roperty on margin or otherwise, and (ii) any other instructions concerning Account(s). Client further understands that the contract between DOS! and Pershing. and the services rendered thereunder, are not io:ended to create a joint venture, partnership or other form of business organization of any kind.
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 ell Margin Collater
DBSI has the right to decline to accept an order for these securities until the transfer and registration of such securities has been approved. 9. Order Placement and Can Requests. When Client verbally places a trade with a Client Advisor. Client will be bound to the oral confirmation repeated back to Client,
ver 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 mtire of DBSI's rights or obligenons under this Agreement withoUt notice to Client. 2. Cash Account. DBSI will classify eech Amount as a ca
Obligations of each Jent Accountholder to DBSI and its Affiliates or Pershing. With respect to the lien granted to DBSI and its Affiliates, 13951(0r Pershing. at D8SI's instruction).may, at any time and without prior notice. sell, transfer, release, exehenge, settle or otherwise dispose of or deal with an
ty arising from the execution of transactions based on such instructions. 12. Role of Certain Third Parties. ORSI engages a.thkd-party Mooring apent Pershing. Chant understands that Pershing is the custodian of Client's assets, clears and settles al transactions, and eittends credit on any margin purchase
DBSI has the right to decline to accept an order for these securities until the transfer and registration of such securities has been approved. 9. Order Placement and Canoellatinnthilocinication Requests, Whan Client verbally places a trade with a Client Advisor, Client will ba bound to the oral confirmation r
ver 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 obliganons under this Agreement without notice to Client. 2. Cash Account. DBSI will dimity each Account as a cash
, 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 riot be responsible or liable to Client far any acts or omissions of DBSI or its employees. Pershing does not provide investment advice, nor o
DBSI has the right to decline to accept an order for these securities until the transfer and registration of such securities has been approved. 9. Order Placement and CaneellatinntMoodication Requests, When Client verbally places a trade with a Client Advisor, Client will be. bound to the oral confirmation rep
arising from the execution of transactions based on such instructions. 12. Role of Certain Third Parties. DBSI engages a third-parry clearing agent, Pershing. Client understands that Pershing is the custodian of Client's assets, clears and settles all transactions, and extends credit on any margin purchas
. 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 for any acts or omissions of DBSI or its employees. Pershing does not provide investment advice, nor of
DBSI has the right to decline to accept an order for these securities until the transfer and registration of such securities has been approved. 9. Order Placement and CancellatiorVModification Requests. When Client verbally places a trade with a Client Advisor, Client will be bound to the oral confirmation rep
arising from the execution of transactions based on such instructions. 12. Role of Certain Third Parties. OBS! engages e third-party cleatieg agent Pershing. Client understands that Pershing is the custodian of Client's assets, clears and Betties ell transactions. end offends credit on any margin purchas
nsactions based on such instructions. 12. Role of Certain Third Parties. OBS! engages e third-party cleatieg agent Pershing. Client understands that Pershing is the custodian of Client's assets, clears and Betties ell transactions. end offends credit on any margin purchases, where applicable. Client furt
Dint has the light to decline to accept an order for these securities until the transfer and registration of such securities has been approved. 9. Order Placement and Can RecideSts. When Chant verbally places a trnde witn o Client AdVisor, Client will be bound to the oral confirmation repented back to Client,
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
s. DBSI hoe the right to decline to accept en order for those securities until the transfer end romenetion of such aewritlei hes even approved. 9. Order Placement end ConothatiorilModificatiori Requests. Mon Client verbally pieces a trod, well a Client Advisor, Client will be bound to the oral confirmation rep
Entities connected to both Pershing and Order Placement
Pershing LLC
ORGANIZATIONthe State of New York
LOCATIONSecurities Investor Protection Corporation
ORGANIZATIONDeutsche Bank Securities Inc.
ORGANIZATION
Jeffrey Epstein
PERSONSecurities and Other Property
ORGANIZATION
Deutsche Bank
ORGANIZATIONthe Margin Account
ORGANIZATION
FDIC
ORGANIZATION
United States
LOCATIONClient and Deutsche Bank Securities Inc.
ORGANIZATION
Federal Reserve
ORGANIZATIONDEISI
ORGANIZATIONthe Federal Arbitration Act
ORGANIZATIONForeign Securities which Client
ORGANIZATIONCustomer Inquiries/Customer Complaints
ORGANIZATIONForeign Securities
ORGANIZATION
the Internal Revenue Service
ORGANIZATIONApplicable Law
PERSONU.S. Department of Labor
ORGANIZATION