Epstein Secrets

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

to satisfy margin requirements as there may be tax consequences of doing so. 12. Rehypothecation and Tax Treatment of Payments in Lieu of Dividends. The Internal Revenue Code generally provides that, subject to certain requirements, dividends paid to a U.S. individual shareholder dem domestic corporations and certain for

The rights of DBSI and Pershing shall include the right to buy all Securities and Other Property which may be short in such account, to cancel any open orders and to close any or a

to satisfy margin requirements as there may be tax consequences of doing so. 12. Rehypothecetion and Tax Treatment of Payments in lieu of Dividends. The Internal Revenue Code generally provides that, subject to certain requirements, dividends paid to a U.S. individual shareholder from domestic corporations and certain fo

The rights of DBSI and Pershing shall include the right to buy all Securities and Other Property which may be short in such account, to cancel any open orders and to close any or a

to satisfy margin requirements as there may be tax consequences of doing so. 12. Rehypothecetion and Tax Treatment of Payments in lieu of Dividends. The Internal Revenue Code generally provides that, subject to certain requirements, dividends paid to a U.S. individual shareholder from domestic corporations and certain fo

Margin addendum to account agreement (continued) The rights of DBSI end Pershing shall include the right to buy all Securities and Other Property which may be short in such account to cancel any open orders and to dose any or all

to satisfy margin requirements as there may be tax consequences of doing so. 12. Rehypothecation and Tax Treatment of Payments in Lieu of Dividends. The Internal Revenue Code generally provides that subject to certain requirements, dividends paid to a U.S. individual shareholder from domestic corporations and certain for

Margin addendum to account agreement (continued) The rights of DBSI end Pershing shall include the right to buy all Securities and Other Property which may be short in such account to cancel any open orders and to dose any or all

to satisfy margin requirements as there may be tax consequences of doing so. 12. Rehypothecation and Tax Treatment of Payments in Lieu of Dividends. The Internal Revenue Code generally provides that subject to certain requirements, dividends paid to a U.S. individual shareholder from domestic corporations and certain for

Margin addendum to account agreement (continued) The rights of DBSI and Pershing shall Include the right to buy all Securities and Other Property which may be short in such account to cancel any open orders and to close any or al

to satisfy margin requirements as there may be tax consequences of doing so. 12. Rehypothecation and Tax Treatment of Payments in Ueu of Dividends. The Internal Revenue Code generally provides that, subject to certain requirements, dividends paid to a U.S. individual shareholder from domestic corporations and certain fo

e considered a waiver of the right to sell or buy without demand or notice as provided herein. Client further understands and agrees that if DBSI or Pershing permits Client a period of time in which to satisfy a call, the granting of that period of time shall not in any way wane or diminish the riaht of D

to satisfy margin requirements as there may be tax consequences of doing so. 12. Rehypothacation and Tax Treatment of Payments in Lieu of Dividends. The Internal Revenue Code generally provides that, subject to certain requirements, dividends paid to a U.S. individual shareholder f tom domestic omporations and certain fo

The rights of DBSI and Pershing shall include the right to buy all Securities and Other Property which may be short in such account, to cancel any open orders and to close any or a

to satisfy margin requirements as there may be tax consequences of doing so. 12. Rehypothecation and Tax Treatment of Payments in Lieu of Dividends. The Internal Revenue Code generally provides that, subject to certain requirements, dividends paid to a U.S. individual shareholder from domestic corporations and certain fo

The rights of DBSI and Pershing shall include the right to buy all Securities and Other Property which may be short in such account, to cancel any open orders and to close any or a

to satisfy margin requirements as there may be tax consequences of doing so. 12. Rehypothecation and Tax Treatment of Payments in Lieu of Dividends. The Internal Revenue Code generally provides that, subject to certain requirements, dividends paid to a U.S. individual shareholder from domestic corporations and certain fo

Margin addendum to account agreement (continued) The rights of DBSI end Pershing shall include the right to buy all Securities and Other Property which may be short in such account to cancel any open orders and to dose any or all

to satisfy margin requirements as there may be tax consequences of doing so. 12. Rehypothecation and Tax Treatment of Payments in Lieu of Dividends. The Internal Revenue Code generally provides that subject to certain requirements, dividends paid to a U.S. individual shareholder from domestic corporations and certain for