Common use of Client Acknowledgement Clause in Contracts

Client Acknowledgement. 4.1 You acknowledge that: 4.1.1 You have been urged to seek such independent advice as You consider necessary before signing Our Quotation & Provisional Acceptance and entering in to The Agreement. 4.1.2 We source Lending Proposal(s) from an unrestricted number of Lenders. In this role, We are doing no more than effecting an introduction between You and the Lender(s) to enable You to choose a Finance Product which, in your sole opinion, is suitable for You. We are not Your agent or otherwise acting on Your behalf, and there is no duty upon Us to provide you with impartial advice, information or recommendation. On occasion We may choose to provide a Finance Offer where We are the Lender. 4.1.3 We will receive Commission from the Lender as well as receiving Fees separately from You pursuant to clause 3.1, 3.2 and 5.1 of The Agreement; for the avoidance of doubt these sums are subject to the terms of Our arrangements with the Lender who pays that Commission and will not be subject to the refund arrangements in clause 3.3 above. 4.1.4 You have read The Brokers terms and conditions set out below and agree that they form part of this agreement. 4.1.5 Where the Finance Offer is on a lease basis (either finance lease, fixed term hire, minimum term rental, operating lease or similar): (i) You will usually need to serve notice to the Lender(s) to end the contract after the minimum period and (ii) title of the assets at the end of the lease does not automatically pass to You. At the end of the lease agreement, We or the Lender(s) may offer some/all of the following options (i) You continue leasing the equipment and continue making payments, ii) You return the equipment to Us or the Lender(s) and/or (iii) You purchase the equipment from Us for an additional payment. 4.2 You consent that; You agree to pay the Fees: 4.2.1 You are aware that We will receive Commission from a Lender for introducing You to them, and You have no objections to Us receiving this amount. Whichever Lender You choose We receive commission from them (either a fixed fee of fixed % of the amount you borrow) and different Lenders pay different rates. For certain Lenders, we do have influence over the interest rate and fees, and this can impact the amount you pay under the Finance Agreement. If you wish to receive any further information concerning Commission paid to us by the Lender, please let Us know in writing. 4.2.2 Where the Commission we receive from a Lender is up to and including 5% of the amount lent, We may charge a Fee to You, in which case this will be clearly detailed on Our Quotation & Provisional Acceptance. Where the Commission we receive from a Lender is above 5% of the amount lent, We will not charge a Fee to You.

Client Acknowledgement. 4.1 You acknowledge that: 4.1.1 You have been urged to seek such independent advice as You consider necessary before signing Our Quotation & Provisional Acceptance and entering in to The Agreement. 4.1.2 We CFSL source Lending Proposal(s) funding from an unrestricted number a panel of Lenderslenders. Details of the funders on this panel will be provided on request. In this role, We CFSL are doing no more than effecting an introduction between You and the Lender(s) to enable You to choose a Finance Product which, in your sole opinion, is suitable for You. We are CFSL is not Your agent or otherwise acting on Your behalf, and there is no duty upon Us CFSL to provide you with impartial advice, information information, or recommendation. On occasion We may choose to provide a Finance Offer where We are the Lender. 4.1.3 We will may receive Commission from the Lender as well as receiving Fees separately from You pursuant to clause 3.1, 3.2 and 5.1 of The Agreement; for the avoidance of doubt these sums are subject to the terms of Our arrangements with the Lender who pays that Commission and will not be subject to the refund arrangements in refundable unless agreed as per clause 3.3 above.3.2 4.1.4 You have read The Brokers terms and conditions set out below and agree that they form part of this agreement. 4.1.5 Where the Finance Offer is on a lease basis (either finance lease, fixed term hire, minimum term rental, operating lease or similar): (i) You will usually need to serve notice to the Lender(s) to end the contract after the minimum period and (ii) title of the assets at the end of the lease does not automatically pass to You. At the end of the lease agreement, We or the Lender(s) may offer some/all of the following options (i) You continue leasing the equipment and continue making payments, ii) You return the equipment to Us or the Lender(s) and/or (iii) You purchase the equipment from Us for an additional payment. 4.2 You consent that; You agree to pay the Fees:. 4.2.1 You are aware that We will CFSL may receive Commission from a Lender for introducing You to them, and You have no objections to Us CFSL receiving this amount. Whichever Lender You choose We receive commission from them (either a fixed fee of fixed % of the amount you borrow) and different Lenders pay different rates. For certain Lenders, we do have influence over the interest rate and fees, and this can impact the amount you pay under the Finance Agreement. If you wish to receive any further information concerning Commission paid to us CFSL by the Lender, please let Us CFSL know in writing. 4.2.2 Where You are aware that CFSL are required to disclose the nature of Commission in Our communications, as well as when making a recommendation to You. The existence and nature of Commission arrangements where the Commission we receive from a Lender is up to and including 5% of varies depending on the amount lentLender, We may charge a Fee product or other permissible factors will always be disclosed. The disclosure will also cover how the arrangements could affect CFSL’s recommendations to You, in which case this . Such disclosures will be clearly detailed on made in Our Quotation & Provisional Acceptance. Where the Commission we receive from a Lender is above 5% of the amount lent, We will not charge a Fee Suitability Letter issued to You.

Client Acknowledgement. 4.1 You acknowledge that: 4.1.1 You have been urged to seek such independent advice as You consider necessary before signing Our Quotation & Provisional Acceptance and entering in to The Agreement. 4.1.2 We source Lending Proposal(s) from an unrestricted number of Lenders. In this role, We are doing no more than effecting an introduction between You and the Lender(s) to enable You to choose a Finance Product which, in your sole opinion, is suitable for You. We are not Your agent or otherwise acting on Your behalf, and there is no duty upon Us to provide you with impartial advice, information or recommendation. On occasion We may choose to provide a Finance Offer where We are the Lender. 4.1.3 We will receive Commission from the Lender as well as receiving Fees separately from You pursuant to clause 3.1, 3.2 and 5.1 of The Agreement; for the avoidance of doubt these sums are subject to the terms of Our arrangements with the Lender who pays that Commission and will not be subject to the refund arrangements in clause 3.3 above. 4.1.4 You have read The Brokers terms and conditions set out below and agree that they form part of this agreement. 4.1.5 Where the Finance Offer is on a lease basis (either finance lease, fixed term hire, minimum term rental, operating lease or similar): (i) You will usually need to serve notice to the Lender(s) to end the contract after the minimum period and (ii) title of the assets at the end of the lease does not automatically pass to You. At the end of the lease agreement, We or the Lender(s) may offer some/all of the following options (i) You continue leasing the equipment and continue making payments, ii) You return the equipment to Us or the Lender(s) and/or (iii) You purchase the equipment from Us for an additional payment. 4.2 You consent that; You agree to pay the Fees: 4.2.1 You are aware that We will receive Commission from a Lender for introducing You to them, and You have no objections to Us receiving this amount. Whichever Lender You choose We receive commission from them (either a fixed fee of fixed % of the amount you borrow) and different Lenders pay different rates. For certain Lenders▇▇▇▇▇▇▇, we do have influence over the interest rate and feesrate, and this can impact the amount you pay under the Finance Agreement. If you wish to receive any further information concerning Commission paid to us by the Lender, please let Us know in writing. 4.2.2 Where the Commission we receive from a Lender is up to and including 5% of the amount lent, We may charge a Fee to You, in which case this will be clearly detailed on Our Quotation & Provisional Acceptance. Where the Commission we receive from a Lender is above 5% of the amount lent, We will not charge a Fee to You.

Client Acknowledgement. 4.1 You acknowledge that: 4.1.1 You have been urged ● Client acknowledges electronic delivery of INSIGHT’s brochure that would be required to seek be delivered under the Advisers Act (including the information in Part 2 of INSIGHT’s Form ADV), which is available on the website and provided here by link: ▇▇▇.▇▇▇▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇. Upon written of request by Client, INSIGHT agrees to annually deliver electronically INSIGHT’s Brochure required by the Advisers Act. ● Client represents and warrants to INSIGHT that (i) the person who enters into this agreement is authorized to negotiate terms and to enter into this Agreement and other related agreements on Client’s behalf, (ii) the terms of this Agreement do not violate any obligations by which Client is bound, whether by contract, operation of law or otherwise, and (iii) all information furnished to INSIGHT in connection with the opening of the Account and all documents supplied by Client in this regard, including financial statements, are true, complete and correct. INSIGHT is entitled to rely on this information until INSIGHT receives written notice of any change, which Client agrees to furnish promptly should any material changes occur. ● For entity clients: if client representative is entering into this agreement, client and client representative understand and agree that the representations, warranties and agreements made herein are made by client and client representative. ● For Joint Account Clients (With Rights of Survivorship): If Clients are entering into this Agreement on behalf of a joint account, Clients understand and agree that the representations, warranties and agreements made herein are made on behalf of all of the joint account holders and further agree that each (a) is a Client; (b) has the authority to act on behalf of the Account and INSIGHT will accept such independent advice as You consider necessary before signing Our Quotation & Provisional Acceptance instructions from any one Client; (c) is jointly and entering severally liable per the terms of this Agreement; and (d) that in to The Agreement. 4.1.2 We source Lending Proposal(sthe case of death of any of the joint account holders, interest in the entire Account shall vest in the surviving account holder(s) from an unrestricted number under the same terms and conditions of Lenders. In this role, We are doing no more than effecting an introduction between You Agreement and the Lender(ssurviving account holder(s) to enable You to choose a Finance Product which, shall promptly provide INSIGHT with written notice thereof and provide any documentation reasonably requested by INSIGHT in your sole opinion, its management of the Account. ● Client is suitable for You. We are not Your agent the owner or otherwise acting on Your behalfco-owner of all cash and Securities in the Account, and there are no restrictions on the pledge, hypothecation, transfer, sale or public distribution of such cash or Securities. ● Client acknowledges that the recommended Portfolio may include only a single ETF/UCITS for each asset class within the recommended Portfolio, with each ETF/UCITS playing a necessary role in the overall investment strategy and, therefore, Client understands and acknowledges that there can be no exclusions or restrictions of ETFs/UCITS recommended as part of the recommended Portfolio. ● Client will provide INSIGHT and the Sub-Adviser with complete and accurate information about Client’s identity, background, net worth, investing timeframe, other risk considerations, any Securities from which Client may be or become legally restricted from buying or selling, as requested, and other investment accounts, as requested, in the online questionnaire and will promptly update that information as Client’s circumstances change. ● Client understands and agrees that (A) INSIGHT does not guarantee the performance of the Account, is no duty upon Us not responsible to provide you Client for any investment losses, and the Account is not insured against loss of income or principal; (B) there are significant risks associated with impartial adviceinvesting in Securities, information including, but not limited to, the risk that the Account could suffer substantial diminution in value, and this risk applies even when the Account is managed by an investment adviser; (C) the past performance of any benchmark, market index, ETF, UCITS or recommendation. On occasion We may choose other Security does not indicate its future performance, and future transactions will be made in different Securities and different economic environments; and (D) Sub-Adviser cause the Account to provide a Finance Offer where We are invest in Securities in essentially the Lender. 4.1.3 We will receive Commission from proportions set forth by the Lender as well as receiving Fees separately from You pursuant to clause 3.1, 3.2 and 5.1 of The Agreement; for the avoidance of doubt these sums are Portfolio (subject to the terms of Our arrangements with profile information received from Client), and provide only the Lender who pays that Commission specific reviews and restrictions described in this Agreement, and will not otherwise review or control such Account. There are significant risks associated with any investment program. ● Client understands and agrees that INSIGHT’s sole obligation hereunder or otherwise is to monitor the Account in accordance with the Portfolio, and Client has not engaged INSIGHT to provide any individual financial planning services, notwithstanding any duty or obligation Client Representative may have to an entity Client. ● Client understands and agrees that the Account will be subject managed solely by Sub-Adviser issuing trading instructions to IB/Custodian to cause the Account to follow the Asset Allocation of the recommended Portfolio, based on the information Client has provided via the online questionnaire. Client further understands that if any of the information Client provides is or becomes incomplete or inaccurate, the Account’s activities may not achieve Client’s desired investment or tax strategy, the Account may purchase Securities from which Client is restricted from purchasing at that time or the Recommended Portfolio may be inappropriate for Client. An Account’s transactions may be executed by IB at approximately the same time as other client accounts managed by Sub-Adviser in accordance, and if the transactions are large in relation to the refund arrangements trading volume on that particular day, the price may be different than it would be for the execution of a smaller transaction. ● Client understands and agrees that INSIGHT is not responsible to Client for any failures, delays and/or interruptions in clause 3.3 above. 4.1.4 You have read The Brokers terms and conditions set out below and agree that they form part the timely or proper execution of this agreement. 4.1.5 Where the Finance Offer is trades or any other orders placed by Sub-Adviser on a lease basis (either finance lease, fixed term hire, minimum term rental, operating lease behalf of Client due to any or similar): (i) You will usually need to serve notice to the Lender(s) to end the contract after the minimum period and (ii) title of the assets at the end of the lease does not automatically pass to You. At the end of the lease agreement, We or the Lender(s) may offer some/all of the following options following, which are likely to happen from time to time: o any kind of interruption of the services provided by IB or Sub-Adviser’s ability to communicate with IB; o hardware or software malfunction, failure or unavailability; o IB system outages; o internet service failure or unavailability; (iE) You continue leasing the equipment and continue making paymentsactions of any governmental, ii) You return the equipment to Us judicial or the Lender(s) regulatory body; and/or (iiiF) You purchase force majeure. ● Client understands and agrees that an Account’s composition and performance may be different for a variety of reasons from those of any initial Portfolio recommendation to a Client. These differences can arise each time the equipment from Us for an additional payment. 4.2 You consent that; You agree to pay Portfolio is adjusted or rebalanced, including, but not limited to, the Fees: 4.2.1 You are aware that We will receive Commission from a Lender for introducing You to themfollowing instances: o when the Account is established, and You have no objections the initial Securities positions are established; o when Client contributes additional capital to Us receiving this amount. Whichever Lender You choose We receive commission such Account; o when Client revises his/her Investment Profile and causes Sub-Adviser to recommend a new Portfolio or revise the existing Portfolio; o each time the Advisory Fee (described in Section 2) is charged and paid from them (either a fixed fee of fixed % such Account; and o any time Sub-Adviser adjusts its algorithm by which the composition of the amount you borrow) Account is maintained as specified for the Portfolio. On any such adjustment, Sub-Adviser may adjust the Portfolio in its discretion to approximate the composition specified in the Portfolio as closely as reasonably practicable based on the conditions at the time. ● Client understands and agrees that the prices of Securities purchased or sold for the Account may be less favorable than the prices in similar transactions for other Sub-Adviser Clients for whom Sub-Adviser has designated different Lenders pay different rates. For certain Lenders, we do have influence over the interest rate and fees, and this can impact the amount you pay under the Finance Agreement. If you wish to receive any further information concerning Commission paid to us by the Lender, please let Us know in writingPortfolios. 4.2.2 Where the Commission we receive from a Lender is up to and including 5% of the amount lent, We may charge a Fee to You, in which case this will be clearly detailed on Our Quotation & Provisional Acceptance. Where the Commission we receive from a Lender is above 5% of the amount lent, We will not charge a Fee to You.

Client Acknowledgement. 4.1 You By executing this Agreement, you acknowledge that: 4.1.1 You have been urged to seek such independent advice as You consider necessary before signing Our Quotation & Provisional Acceptance and entering in to The this Agreement. 4.1.2 We will source Lending Proposal(s) Finance Offers from an unrestricted number a panel of Lenderslenders whose names will be supplied upon request. In this role, We are doing no more than effecting an introduction between You and the Lender(s) to enable You to choose a Finance Product which, in your sole opinion, is suitable for You. We are not Your agent or otherwise acting on Your behalf, and there is no duty upon Us to provide you with impartial advice, information or recommendation. On occasion We may choose any recommendation relating to provide a Finance Offer where We are the LenderProduct. 4.1.3 We will may receive a Commission from the Lender for introducing You to them in relation to the funding set out in the Finance Offer, the commission that we receive from our lenders will affect the total amount of finance you pay, as well as receiving Fees separately from You pursuant to clause clauses 3.1, 3.2 and 5.1 of The this Agreement; for . For the avoidance of doubt these sums are any payment of Commission is subject to the terms of Our arrangements with the Lender who pays that Commission and will not be subject to the refund arrangements in clause 3.3 above. If you wish to receive any further information concerning any Commission paid to us by the Lender (including the amount of such Commission), please let Us know in writing. 4.1.4 You have read The Brokers terms the Broker’s Terms and conditions Conditions set out below in Schedule 1 and agree that they form part of this agreement. 4.1.5 Where the Finance Offer is on a lease basis (either finance lease, fixed term hire, minimum term rental, operating lease or similar): (i) You will usually need to serve notice to the Lender(s) to end the contract after the minimum period and (ii) title of the assets at the end of the lease does not automatically pass to You. At the end of the lease agreement, We or the Lender(s) may offer some/all of the following options (i) You continue leasing the equipment and continue making payments, ii) You return the equipment to Us or the Lender(s) and/or (iii) You purchase the equipment from Us for an additional paymentAgreement. 4.2 You consent that; that You agree to pay the Fees:Fees in accordance with the terms of this Agreement. 4.2.1 4.3 For Regulated Transactions only, You are aware that We are required to disclose the nature of the payment of any Commission in Our communications, as well as when making a recommendation to You. The existence and nature of commission arrangements where the Commission varies depending on the Lender, product or other permissible factors will always be disclosed. The disclosure will also cover how the arrangements could affect Our recommendations to You. Such disclosures will be made in Our Suitability Letter issued to You. 4.4 You are aware that We may receive Commission from a Lender referring You to an Ancillary Service for introducing You to them, and You have no objections to Us receiving this amount. Whichever Lender If You choose We receive commission from them (either a fixed fee of fixed % of the amount you borrow) and different Lenders pay different rates. For certain Lenders, we do have influence over the interest rate and fees, and this can impact the amount you pay under the Finance Agreement. If you wish to receive any further information concerning any Commission paid to us Us by the Lenderany third-party Ancillary Service, please let Us know in writing. 4.2.2 Where 4.5 Commission paid to Us may vary in amount depending on the Commission we receive from a Lender is up to and including 5% of the amount lent, We may charge a Fee to You, in which case this will be clearly detailed on Our Quotation & Provisional Acceptanceor product. Where the Commission we receive from a Lender is above 5% nature of any financial arrangement, including the amount lentof any Commission or any other type of remuneration is known, We in advance of Us promoting or recommending a particular Lender or Finance Product, this information will not charge a Fee be disclosed to You. 4.6 Having acknowledged the matters set out under this clause 4, You hereby consent to Us receiving and retaining any Commission paid.

Client Acknowledgement. 4.1 You acknowledge that: 4.1.1 You have been urged to seek such independent advice as You consider necessary before signing Our Quotation & Provisional Acceptance and entering in to The Agreement. 4.1.2 We source Lending Proposal(s) from an unrestricted number of Lenders. In this role, We are doing no more than effecting an introduction between You and the Lender(s) to enable You to choose a Finance Product which, in your sole opinion, is suitable for You. We are not Your agent or otherwise acting on Your behalf, and there is no duty upon Us to provide you with impartial advice, information or recommendation. On occasion We may choose to provide a Finance Offer where We are the Lender. 4.1.3 We will may receive Commission from the Lender as well as receiving Fees separately from You pursuant to clause 3.1, 3.2 and 5.1 of The Agreement; for the avoidance of doubt these sums are subject to the terms of Our arrangements with the Lender who pays that Commission and will not be subject to the refund arrangements in clause 3.3 above. 4.1.4 You have read The Brokers terms and conditions set out below and agree that they form part of this agreement.. Claratus_ToB_v1-July21 Page | 4 4.1.5 Where the Finance Offer is on a lease basis (either finance lease, fixed term hire, minimum term rental, operating lease or similar): (i) You will usually need to serve notice to the Lender(s) to end the contract after the minimum period and (ii) title of the assets at the end of the lease does not automatically pass to You. At the end of the lease agreement, We or the Lender(s) may offer some/all of the following options (i) You continue leasing the equipment and continue making payments, ii) You return the equipment to Us or the Lender(s) and/or (iii) You purchase the equipment from Us for an additional payment. 4.2 You consent that; You agree to pay the Fees: 4.2.1 You are aware that We will may receive Commission from a Lender for introducing You to them, and You have no objections to Us receiving this amount. Whichever Lender You choose We receive commission from them (either a fixed fee of fixed % of the amount you borrow) and different Lenders pay different rates. For certain Lenders, we do have influence over the interest rate and fees, and this can impact the amount you pay under the Finance Agreement. If you wish to receive any further information concerning Commission paid to us by the Lender, please let Us know in writing. 4.2.2 Where the Commission we receive from a Lender is up to and including 5% of the amount lent, We may charge a Fee to You, in which case this will be clearly detailed on Our Quotation & Provisional Acceptance. Where the Commission we receive from a Lender is above 5% of the amount lent, We will not charge a Fee to You.

Client Acknowledgement. 4.1 You acknowledge that: 4.1.1 3.1 Where necessary You have been urged to will seek such separate independent advice as You consider necessary before signing Our Quotation & Provisional Acceptance and entering in to The Agreementany finance agreement. 4.1.2 3.2 We source Lending Proposal(s) Proposals from an unrestricted number a panel of Lenderslenders whose details will be supplied upon request. In this role, We are doing no more than effecting an introduction between You and the Lender(s) to enable You to choose a Finance Product which, in your sole opinion, is suitable for You. We are not Your agent or otherwise acting on Your behalf, and there is no duty upon Us to provide you You with impartial advice, information or recommendation. On occasion We may choose any recommendation relating to provide a Finance Offer where We are the LenderProduct. 4.1.3 3.3 We will receive Commission from the Lender as well as receiving Fees separately from You pursuant to clause 3.1, 3.2 and 5.1 of The for any successful Finance Agreement; for the avoidance of doubt these sums are subject to the terms of Our arrangements with the Lender who pays that Commission and . We will not be subject to know the refund arrangements in clause 3.3 abovevalue of any Commission until we have a Finance Offer. You can request details of any Commission as soon as we have a Finance Offer. 4.1.4 3.4 You have read The Brokers terms and conditions set out below and agree that they form part of this agreement. 4.1.5 Where 3.5 You agree to act in good faith in the provision of information to Us. The duty is continuous and applies to all the information You provide whether We have asked for it or whether You have provided it voluntarily. You agree not to withhold relevant information from Us. 3.6 You agree to take all reasonable steps and use best endeavours to comply with and satisfy any condition imposed by the Lender who has made a Finance Offer. 3.7 You agree to notify Us if at any time You appoint an additional or alternate Broker. It is in your interest, where possible to advise us if you are using an additional Broker, this will help us ensure your application is not duplicated to lenders. 3.8 If You fail to notify Us that You intend to appoint an alternate or additional Broker or intermediary and if We obtain a Finance Offer from any Lender, You agree that We will be solely responsible for processing that Finance Offer with that Lender. If you proceed with that offer via an alternate Broker, You will be responsible for paying our Commission as set out in the Finance Offer is on a lease basis (either finance lease, fixed term hire, minimum term rental, operating lease or similar): (i) You which we will usually need to serve notice to the Lender(s) to end the contract after the minimum period and (ii) title of the assets at the end of the lease does not automatically pass to You. At the end of the lease agreement, We or the Lender(s) may offer some/all of the following options (i) You continue leasing the equipment and continue making payments, ii) You return the equipment to Us or the Lender(s) and/or (iii) You purchase the equipment from Us for an additional paymentdetail in our commission disclosure document. 4.2 You consent that; You agree to pay the Fees: 4.2.1 You are aware that We will receive Commission from a Lender for introducing You to them, and You have no objections to Us receiving this amount. Whichever Lender You choose We receive commission from them (either a fixed fee of fixed % of the amount you borrow) and different Lenders pay different rates. For certain Lenders, we do have influence over the interest rate and fees, and this can impact the amount you pay under the Finance Agreement. If you wish to receive any further information concerning Commission paid to us by the Lender, please let Us know in writing. 4.2.2 Where the Commission we receive from a Lender is up to and including 5% of the amount lent, We may charge a Fee to You, in which case this will be clearly detailed on Our Quotation & Provisional Acceptance. Where the Commission we receive from a Lender is above 5% of the amount lent, We will not charge a Fee to You.