b) if the client has elected to conduct Exempt Transactions and/or Derivaliverjthey ar,<,aliprqr iir7i7.Nfor the client. FtR Signature Date .313'M ROSFP Signature Date JPhi S-ROSFP Signature (OTC Options Levels 5 Et 6) 7 IP. Morgan use Only 5 of 5 Title SPN Banker/Investor 6/13 1072 IR Morgan Over The Counter