s am seal nor snow this provisions el this or any ofber agreoroest between is 9. This agreement and its oldies mum snarl be governed by the laws of the Stale Of New York and ten provisions shall be COntinuOuS; shall cover 81 COORS transactions hereunder, whether you are acting as broker or principal. end as accounts,

subject to the oansteunon. bylaws, customs and mterprotabonsof the markelp4l09nrwtoe exeCu'erl gOvernedby and construed m accordance min the Mel 01 the Stale Of New York and as aoperawaie federal laws and regulations FurtherenfOrrnabOn win respect to commissions and Other charges relPer I to The exeCutOn01 transaction