Investment Club Certification Form Page 2

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INVESTMENT CLUB TERMS AND CONDITIONS
Client Copy - Retain for your records
Each of the undersigned members and their designated agent (s) hereby acknowledge that he/she has read,
understood and agrees to the terms and conditions contained in Scottrade Investment Club Terms and
Conditions and Brokerage Account Agreements, which are hereby incorporated in and made a part of this
agreement. Scottrade may conclusively assume that all action taken and instructions given by said agent have
been properly taken or given pursuant to authority vested in such agent by all of the members in the Investment Club.
Scottrade is authorized to follow the instructions of the said agent in every respect concerning said account, including
the purchase and sale of securities, and to make delivery of securities and payments of moneys to him/her or as he/
she may direct, and to send to him/her all reports,confirmations and statements relating to the account. The said
agent is hereby authorized to execute and deliver on behalf of the Investment Club and its members, Scottrade’s
Brokerage Account Agreement, Margin Agreement, and any other agreements Scottrade may require, and to act for
the undersigned in every respect concerning said account and to do all other things necessary or incidental to the
conduct of said account. The undersigned agree that if new members are admitted to the Investment Club, the
undersigned will cause such new members to adopt and be bound by this authorization and indemnity.
In accordance with the Investment Club executed herewith, Scottrade is also authorized to act upon trading,
transfer and withdrawal instructions or orders given to it by any of the general members. The undersigned, jointly
and severally agree to indemnify and hold Scottrade harmless from and to pay Scottrade promptly on any debit
balance in said account. It is further agreed that in the event of the death of any of the undersigned, the survivors
shall immediately give Scottrade written notice thereof, and Scottrade may, before or after receiving such notice,
take such proceeding, require such papers, retain such portion of and/or restrict transactions in the account as
Scottrade may deem advisable to protect Scottrade against any liability, tax or penalty under any present or future
laws or otherwise. The estate of any of the undersigned who shall have died shall be liable, and each survivor shall
continue jointly and severally liable to Scottrade on the foregoing indemnity and for any debit balance or loss in said
account resulting from the completion of transactions initiated prior to the receipt by Scottrade of the written notice
of the death of the decedent or incurred in the liquidation of the account or the adjustment of the interests of
the respective parties. In the event any new member is admitted, he/she shall be bound by the provisions of the
agreement. The undersigned warrant the number of members, including the present and future members. This
authorization and indemnity shall insure to the benefit of Scottrade’s present firm and its successors
in business, irrespective of any change or change of any kind in the personnel thereof for any cause whatsoever.
Each of the general members shall have authority on behalf of the Investment Club (a) to buy and sell securities,
(b) to receive demands, notices, confirmations, reports, statements of account and communications of
every kind, (c) to receive, transfer or withdraw money, securities, and other property, and to dispose of the
same, (d) to pledge securities for margin lending,(e) to endorse securities or to guarantee signatures thereon, (f) to
execute agreements relating to the foregoing matters and to terminate any of the said agreements, and (g)
generally to deal with Scottrade on behalf of the Investment Club without notice to the other member(s).
Each of the members shall be jointly and severally liable to Scottrade for all commissions and debts of any kind
arising out of or related to trading of the assets held in the account. This jointly and severally liability specifically
includes, but not limited to, any debit balances created as a result of margin trading. For the purpose of securing
performance of the obligations of the Investment Club, Scottrade shall have a general lien upon all moneys,
securities and other property belonging to the Investment Club and/or the members that may at any time be under
Scottrade control for any purpose, including safekeeping.
In the event of the dissolution of the Investment Club (by death or retirement of a member, or for any other
reason) the surviving members will immediately give Scottrade written notice thereof delivered to Scottrade at
the office where the Investment Club account is carried and Scottrade is authorized, before or after receipt of
such notice, to take such proceedings, require such papers, retain such property and/or restrict transactions in
said account as Scottrade may deem advisable to protect Scottrade against any liability, penalty or loss under
any present or future laws or otherwise.
Page 2 of 2
SF1068/5-15

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