Exchange Traded Options Agreement J.P.Morgan S. Special Statement for Uncovered Options Writers (cont.) Uncovered options writing is thus suitable only for the knowledgeable Investor who understands the risks, has the financial capacity and the willingness to incur potentially substantial losses, and has sufficient liquid assets to meet applicable margin requirements. In this regard, if the value of the underlying instrument moves against a writer's uncovered options position, J.P. Morgan Securities LLC may request significant additional margin payments, and Morgan Securities IJ..0 may liquidate stock or options positions In the Investor's account with Ittle or no prior notice, in accordance with the investor's margin agreement. For combination and/or straddle writing, where the investor writes both a put and a call on the same underlying instrument, the potential risk is unlimited. If a secondary market in options were to become unavailable, investors could not engage In dosing transactions, and an option writer would remain obligated until expiration assignment. The writer of an American-style option is subject to being assigned an exercise at any time after he/she has written the option until the option expires. By contrast, the writer of a European-style option Is subject to exercise assignment only during the exercise (mined. C. Derivatives Approval Level Exchange Traded Options Level 1: Covered writing Level 2: Buying Options Level 3: Spreads Level 5: Uncovered Writing Level 6. Combinations/Straddles Date OCC booklet and supplements sent to client: EDEE-LTEEE mm d el y y y y D. Pre-Dispute Arbitration and Acknowledgment By signing this Agreement, I acknowledge that: (1) I requested the options approval level as Indicated above; (2) I have received a copy of the booklet entitled, 'Characteristics and Risks of Standardized Options,' and it n expected that I will read the booklet; (3) I have reviewed the special statement for uncovered options writers above; (4) the booklet and the 'Special Statement for Uncovered Writers,' above, are not intended to enumerate all of the risks entailed in writing uncovered options; (5) I shall promptly advise 1.P. Morgan Securities LLC, in writing, of any material changes In my nnandai drcurristances and options investment objealves; and (6) In accordance with paragraph 11 on pages i and 2 of this form, I am agreeing In advance to arbitrate any controversies that may arise in connection with me and ity_tiocdunts with J.P. Morgan Securities LLC E. Client Signatu (AN aitrequked-to sign below) Ez) Signattat (O1.3O 113 Date JEFFREY E. EPSTEIN Name (print) Signature Date Name (print) Sgnature Date Name (print) Signature Date Name (point) 3.P. Morgan Use Only Approvals: I have reviewed the client's suitability profile, Including; investment objectives, Investment experience and finandal condition, and agree that the options level indicated abyxe,is appropriate for the calent. 3PM RR Signature 1PM ROSFP Signature JPM S-ROSFP Signature (Exchange Traded Options levels 6 L 6) Date Date Date J.P. Morgan Use Only Page 3 or 3 alificgalifelter 3/13 US1622 Title $PN CAS Confidential Treatment Requested by JPMorgan Chase JPM-SDNY-00062874 EFTA01583238