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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
held in any of Client's Account(s). and charge to Client any loss resulting therefrom. 8. Sale of Secunties. Client agrees mar in a cash amount: (a) Clientwill not sell any Security before iris paid tor, (dl Client will own each security sold at the time of sale, (c) unless such security is already held in
rising from the execution of transactions based on such instructions. 12. Role of Certain Third Parties. DBSI engages a third-g arty eieering agent, Pershing. Client understands that Porshlhg is the custodian of Client's assets, clears and settles all transactions. and extends credit on any margin purchas
d in any of Client's Account(s), and charge to Client any loss resulting therefrom. 6. Sale of Securities. Client egtees that in a cosh account: (a) Clientwill nor sell any Security belere it is paid for, (d) Client will own each security sold at the time of sale, (c) unless such security is already held in
rising from the execution of transactions based on such instructions. 12. Role of Certain Third Parties. DBSI engages a third-g arty eieering agent, Pershing. Client understands that Porshlhg is the custodian of Client's assets, clears and settles all transactions. and extends credit on any margin purchas
d in any of Client's Account(s), and charge to Client any loss resulting therefrom. 6. Sale of Securities. Client egtees that in a cosh account: (a) Clientwill nor sell any Security belere it is paid for, (d) Client will own each security sold at the time of sale, (c) unless such security is already held in
rising from the execution of transactions based on such instructions. 12. Role of Certain Third Parties. DBSI engages a third-g arty eieering agent, Pershing. Client understands that Porshlhg is the custodian of Client's assets, clears and settles all transactions. and extends credit on any margin purchas
d in any of Client's Account(s), and charge to Client any loss resulting therefrom. 6. Sale of Securities. Client egtees that in a cosh account: (a) Clientwill nor sell any Security belere it is paid for, (d) Client will own each security sold at the time of sale, (c) unless such security is already held in
Entities connected to both Pershing and Clientwill
DOS'
ORGANIZATIONSecurities and Other Propertyheld
ORGANIZATIONIleitis
ORGANIZATIONOrder Ptacemunt aed Cancellation/Modification Requeets
ORGANIZATIONPorshlhg
ORGANIZATIONAffiliates ar Pershing
ORGANIZATIONOtherProperty
ORGANIZATIONPerehitiq
PERSON