Common use of Acceptance; Cumulative Effect Clause in Contracts

Acceptance; Cumulative Effect. This Agreement is cumulative and supersedes any agreement previously in effect. It shall be binding upon the parties hereto when signed by FTDI and accepted by Bank. If Bank has a current agreement with FTDI, Bank's first trade or acceptance of payments from FTDI after receipt of this Agreement, as it may be amended pursuant to paragraph 6(h), above, shall constitute Bank's acceptance of the terms of this Agreement. Otherwise, Bank's signature below shall constitute Bank's acceptance of these terms. FRANKLIN/TEMPLETON DISTRIBUTORS, INC. By: Xxxx Johnson, President 777 Marixxxx Xxxxxx Blvd. San Maxxx, XX 00000 Xxxxxxxxx: Xxxxx Xxxxx Xxxxxxx (for legal notices only) 415/312-2000 700 Central Avenue St. Petersburg, Xxxxxxx 00000-0000 000/000-0000 Xx xxx Xxxx xr Trust Company: If you have not previously signed an agreement with us for the sale of mutual fund shares to your customers, please complete and sign this section and return the original to us. BANK or TRUST COMPANY (Firm's name) By: (Signature) Name: Title:Address:

Acceptance; Cumulative Effect. This Agreement is cumulative and supersedes any agreement previously in effect. It shall be binding upon the parties hereto when signed by FTDI and accepted by Bank. If Bank has a current agreement with FTDI, Bank's first trade or acceptance of payments from FTDI after receipt of this Agreement, as it may be amended pursuant to paragraph 6(h), above, shall constitute Bank's acceptance of the terms of this Agreement. Otherwise, Bank's signature below shall constitute Bank's acceptance of these terms. FRANKLIN/TEMPLETON XXXXXXXXX DISTRIBUTORS, INC. By: Xxxx JohnsonXxxxxxx, President 777 Marixxxx 000 Xxxxxxxx Xxxxxx BlvdXxxx. San MaxxxXxx Xxxxx, XX 00000 XxxxxxxxxAttention: Xxxxx Xxxxx Xxxxxxx Chief Legal Officer (for legal notices only) 415/312-2000 700 Central Avenue St. Petersburg000 Xxxxxxx Xxxxxx Xx. Xxxxxxxxxx, Xxxxxxx 00000-0000 000/000813/823-0000 Xx xxx Xxxx xr 8712 To the Bank or Trust Company: If you have not previously signed an agreement with us for the sale of mutual fund shares to your customers, please complete and sign this section and return the original to us. BANK or TRUST COMPANY (Firm's name) By: (Signature) Name: Title:Address:

Acceptance; Cumulative Effect. This Agreement is cumulative and supersedes any agreement previously in effect. It shall be binding upon the parties hereto when signed by FTDI and accepted by Bank. If Bank has a current agreement with FTDI, Bank's first trade or acceptance of payments from FTDI after receipt of this Agreement, as it may be amended pursuant to paragraph 6(h), above, shall constitute Bank's acceptance of the terms of this Agreement. Otherwise, Bank's signature below shall constitute Bank's acceptance of these terms. FRANKLIN/TEMPLETON DISTRIBUTORS, INC. By: Xxxx Johnson, President 777 Marixxxx Xxxxxx Blvd. San MaxxxMatxx, XX 00000 Xxxxxxxxx: Xxxxx Xxxxx Xxxxxxx (for legal notices only) 415/312-2000 700 Central Avenue St. Petersburg, Xxxxxxx 00000-0000 000/000-0000 Xx xxx Xxxx xr Trust Company: If you have not previously signed an agreement with us for the sale of mutual fund shares to your customers, please complete and sign this section and return the original to us. BANK or TRUST COMPANY (Firm's name) By: (Signature) Name: Title:Address: