Msi coramolons tor each SeCuritieS transaction eie transactor* are stayect to the ten% and COMOMS Meted On the reverse Side Of such COnartnatiOn$ and aresubject le the COnSDIVI,OR by4aviS. Customs ant Imgef WSW( h the marketplacewhere executed and governed by and construed in accordanceme, the ran of the State of ?kw York