(1) a natural person or (2) if I am a fiduciary, including trustee, custodian, agent, administrator or executor, each of the beneficial owners of the account is a natural person or (3) if this account is being established as a TOD account, any such beneficiary is a natural person.
If I do not choose a Core Account Investment Vehicle for my account, I authorize my Broker/Dealer to, in its sole discretion, select a default Core Account Investment Vehicle for me and I shall hold my Landes and Compagnie Trust Prive and their dedicated clearing firm harmless for such default selection and any consequences resulting therefrom. I understand that different Core Account Investment Vehicles may have different rates of return and terms and conditions, such as FDIC insurance or SIPC protection, and that my Broker/Dealer may not consider these differences when making a default Core Account Investment Vehicle selection for me.
Notice to Landes and Compagnie Trust Prive KB
This is to advise you that I (we) have instructed my Broker/Dealer to establish, in my (our) behalf, and as my (our) agent an account with you. I (We) have appointed my Broker/Dealer as my (our) exclusive agent to act for and on my (our) behalf with respect to all matters regarding my (our) account with you, including, but not limited to, the placing of securities purchase and sale orders, the selection of my Core Account Investment Vehicle, including a Bank Deposit Sweep Program, and to act in all respects in connection with such Core Account Investment Vehicle, and, provided margin and/or options trading have/ has been approved for the account, delivery of margin and option instructions for my (our) account. I (We) acknowledge that no fiduciary relationship exists with clearing firm. You shall look solely to my Broker/Dealer and not me (us) with respect to such orders or instructions; and you are hereby instructed to deliver confirmations, statements, and all written or other notices, including margin maintenance calls, if applicable, with respect to my (our) account to my Broker/ Dealer. Any such communications delivered to my Broker/Dealer shall be deemed to have been delivered to me (us). I (We) agree to hold you harmless from and against any losses, costs or expenses arising in connection with the delivery or receipt of any such communication(s), provided you have acted in accordance with the above. The foregoing shall be effective as to my (our) account until written notice to the contrary is received by you and my Broker/Dealer.