Common use of CLIENT’S DECLARATION Clause in Contracts

CLIENT’S DECLARATION. The client hereby declares that they read the risks associated with trading in foreign exchanges and are aware of the high risks associated with trading in financial instruments; moreover, the client declares and confirms that they read and understood the Risk Warning Disclosure in full. Client’s Name: ...................................... Date: ..................................................... Signature: ............................................. The English versions provided herewith are for reference only. In case of any discrepancies between the Arabic and English versions, the Arabic versions shall supersede. Client/Company Name: ...………………………………… Account/s No.: ...…………………………………………….… In reference to the Financial Brokerage Agreement for the Account of Others in Foreign Stock Exchanges signed between me and INGOT Financial Brokerage Ltd (the “Company”) on …………………………………… (the “Agreement”); I, the undersigned, ……………………………………………………, as a client of the Company, hereby authorize and appoint …………………………………………… (hereinafter referred to as “the Representative”): to carry out transactions related to my account(s) with the Company in my name and on my behalf and at my own expense, including but not limited to issuing purchase and sale orders for any of the assets, as well as receiving notices, requesting and signing statements, and other transactions on my account. I also hereby authorize the Company to accept orders from the authorized Representative in relation to all aspects related to the instructions carried out on my account; moreover, the Representative is authorized to act on my behalf in issuing orders/instructions on my account in the same manner and with the same effect as if those instructions had been issued by me in relation to those accounts in accordance with the provisions of the Agreement. The authorized Representative shall not withdraw or instruct to pay any amounts payable or receive any deliverable property in connection with the transactions carried out on my account to any other person except as provided for in this authorization. The Representative also has no right to change the provisions of the agreement in any way. The authorization given under this document shall not restrict or limit any other authorization executed under the Agreement or any other agreement entered into between the Company and me from time to time. The authorization given under this Agreement shall include the Company and any of its successors or assigns. The authorization given under this document shall have continuous effect and shall remain in force unless and until I cancel the same through a written notice to the Company; moreover, this notice of cancellation shall not be effective until actually received by the Company at its offices located at the address indicated in the Agreement or at any other address declared by the Company in writing for that purpose; this cancellation shall not affect any orders to carry out transactions made by my representative before the Company actually receives my notice of cancellation in the aforementioned manner. This does not relieve me of any obligations or liabilities arising from the transactions or my account in general. I hereby represent and warrant to the Company that I have full legal authorities and (in case of a company) the powers and authorities to enter into, give and execute this authorization and the power of attorney for such Client's orders, and (in case of a company) it has been duly authorized and executed by me. The Representative is not entitled to delegate others under this authorization. Client/Company Name: ...…………………………… Date: ...………………………………………………………… Signature: ...………………………………………………… Personal Information Name: Place of Birth and Date: in Gender: Female Male

Appears in 1 contract

Sources: Financial Brokerage Agreement

CLIENT’S DECLARATION. The client hereby declares that they read the risks associated with trading in foreign exchanges and are aware of the high risks associated with trading in financial instruments; moreover, the client declares and confirms that they read and understood the Risk Warning Disclosure in full. Client’s Name: ...................................... Date: ..................................................... Signature: ............................................. The English versions provided herewith are for reference only. In case of any discrepancies between the Arabic and English versions, the Arabic versions shall supersede. Client/Company Name: ...………………………………… Account/s No.: ...…………………………………………….… In reference to the Financial Brokerage Agreement for the Account of Others in Foreign Stock Exchanges signed between me and INGOT Financial Brokerage Ltd (the “Company”) on …………………………………… (the “Agreement”); I, the undersigned, ……………………………………………………, as a client of the Company, hereby authorize and appoint …………………………………………… (hereinafter referred to as “the Representative”): to carry out transactions related to my account(s) with the Company in my name and on my behalf and at my own expense, including but not limited to issuing purchase and sale orders for any of the assets, as well as receiving notices, requesting and signing statements, and other transactions on my account. I also hereby authorize the Company to accept orders from the authorized Representative in relation to all aspects related to the instructions carried out on my account; moreover, the Representative is authorized to act on my behalf in issuing orders/instructions on my account in the same manner and with the same effect as if those instructions had been issued by me in relation to those accounts in accordance with the provisions of the Agreement. The authorized Representative shall not withdraw or instruct to pay any amounts payable or receive any deliverable property in connection with the transactions carried out on my account to any other person except as provided for in this authorization. The Representative also has no right to change the provisions of the agreement in any way. The authorization given under this document shall not restrict or limit any other authorization executed under the Agreement or any other agreement entered into between the Company and me from time to time. The authorization given under this Agreement shall include the Company and any of its successors or assigns. The authorization given under this document shall have continuous effect and shall remain in force unless and until I cancel the same through a written notice to the Company; moreover, this notice of cancellation shall not be effective until actually received by the Company at its offices located at the address indicated in the Agreement or at any other address declared by the Company in writing for that purpose; this cancellation shall not affect any orders to carry out transactions made by my representative before the Company actually receives my notice of cancellation in the aforementioned manner. This does not relieve me of any obligations or liabilities arising from the transactions or my account in general. I hereby represent and warrant to the Company that I have full legal authorities and (in case of a company) the powers and authorities to enter into, give and execute this authorization and the power of attorney for such Client's orders, and (in case of a company) it has been duly authorized and executed by me. The Representative is not entitled to delegate others under this authorization. Client/Company Name: ...…………………………… Date: ...………………………………………………………… Signature: ...………………………………………………… The English versions provided herewith are for reference only. In case of any discrepancies between the Arabic and English versions, the Arabic versions shall supersede. Personal Information Name: Place of Birth and Date: in Gender: Female Male

Appears in 1 contract

Sources: Financial Brokerage Agreement