ershing, its affiliates and its officers. directors and agents liable for any trading losses that Client incurs. 13. Liens. Client hereby grants to DIISI and its Affiliates a security interest in and lien upon all Securities end Other Property In the possession or control of DBSI, any of its Affiliate

g independent judgment in evaluating. the ideas and products discussed herein. Trades and transactions are subject to relevant internal approvals of DIISI or its affiliates prior to execution. and the execution of any transaction or idea discussed herein is conditional on your becoming a client of Deut

ment shell be binding upon Client', heirs. executes, administrators, personal representatives sod eirtmittodassIgns. le Shell Imre to the benefit of DIISI's sUCceSSOIS and assigns, or any successor cleating broker, to whom DBSI may transfer Client's Accounts). DBSI may, without notice to Client ensign