Common use of COLLATERAL AND LENDING AGREEMENT Clause in Contracts

COLLATERAL AND LENDING AGREEMENT. All funds, securities, currencies, and other property of Client that Tradeview Financial Markets SAC or its affiliates may at any time be carrying for Client (either individually, jointly with others or as a guarantor of the account of any other person) or which may at any time be in its possession or control or carried on the books of Tradeview Financial Markets SAC for any purpose, including safekeeping, are to be held by Tradeview Financial Markets SAC as security and subject to a general lien and right of set-off for all obligations and liabilities of Client to Tradeview Financial Markets SAC whether or not Tradeview Financial Markets SAC has made advances in connection with such securities, currencies or other property, and irrespective of the number of accounts Client may have with Tradeview Financial Markets SAC. Tradeview Financial Markets SAC may in its discretion, at any time and from time to time, without notice to Client, apply and/or transfer any or all funds or other property of Client between any of Client’s accounts. Client hereby also grants to Tradeview Financial Markets SAC the right to pledge, re-pledge, hypothecate, invest or loan, either separately or with the property of other Clients, to itself as broker or to others, any securities or other property of Client held by Tradeview Financial Markets SAC as margin or collateral. Tradeview Financial Markets SAC shall at no time be required to deliver to Client the identical property delivered to or purchased by Tradeview Financial Markets SAC for any account of Client. Should Client take delivery of Page 3 of 7 currencies through settlement of trades, Tradeview Financial Markets SAC is obliged to make full payment for the delivery on 24 hour notice. If the balance in the Client’s account is not adequate to pay for the delivery, the depository receipts held in the name of Client or Tradeview Financial Markets SAC, as Client’s agent or nominee, become property carried on margin in the Client’s account, since they are not fully paid for by Client. This authorization shall apply to all accounts carried by Tradeview Financial Markets SAC for Client and shall remain in full force until all accounts are fully paid for by Client or notice of revocation is sent by Tradeview Financial Markets SAC.

COLLATERAL AND LENDING AGREEMENT. All funds, securities, currencies, and other property of Client that Tradeview Financial Markets SAC TRADEVIEW LTD or its affiliates may at any time be carrying for Client (either individually, jointly with others or as a guarantor of the account of any other person) or which may at any time be in its possession or control or carried on the books of Tradeview Financial Markets SAC TRADEVIEW LTD for any purpose, including safekeeping, are to be held by Tradeview Financial Markets SAC TRADEVIEW LTD as security and subject to a general lien and right of set-off for all obligations and liabilities of Client to Tradeview Financial Markets SAC TRADEVIEW LTD whether or not Tradeview Financial Markets SAC TRADEVIEW LTD has made advances in connection with such securities, currencies or other property, and irrespective of the number of accounts Client may have with Tradeview Financial Markets SACTRADEVIEW LTD. Tradeview Financial Markets SAC TRADEVIEW LTD may in its discretion, at any time and from time to time, without notice to Client, apply and/or transfer any or all funds or other property of Client between any of Client’s accounts. Client hereby also grants to Tradeview Financial Markets SAC TRADEVIEW LTD the right to pledge, re-pledge, hypothecate, invest or loan, either separately or with the property of other Clients, to itself as broker or to others, any securities or other property of Client held by Tradeview Financial Markets SAC TRADEVIEW LTD as margin or collateral. Tradeview Financial Markets SAC TRADEVIEW LTD shall at no time be required to deliver to Client the identical property delivered to or purchased by Tradeview Financial Markets SAC TRADEVIEW LTD for any account of Client. Should Client take delivery of Page 3 of 7 currencies through settlement of trades, Tradeview Financial Markets SAC TRADEVIEW LTD is obliged to make full payment for the delivery on 24 hour notice. If the balance in the Client’s account is not adequate to pay for the delivery, the depository receipts held in the name of Client or Tradeview Financial Markets SACTRADEVIEW LTD, as Client’s agent or nominee, become property carried on margin in the Client’s account, since they are not fully paid for by Client. This authorization shall apply to all accounts carried by Tradeview Financial Markets SAC TRADEVIEW LTD for Client and shall remain in full force until all accounts are fully paid for by Client or notice of revocation is sent by Tradeview Financial Markets SACTRADEVIEW LTD.

COLLATERAL AND LENDING AGREEMENT. All funds, securities, currencies, and other property of Client that Tradeview Financial Markets SAC TRADEVIEW LTD or its affiliates may at any time be carrying for Client (either individually, jointly with others or as a guarantor of the account of any other person) or which may at any time be in its possession or control or carried on the books of Tradeview Financial Markets SAC TRADEVIEW LTD for any purpose, including safekeeping, are to be held by Tradeview Financial Markets SAC TRADEVIEW LTD as security and subject to a general lien and right of set-off for all obligations and liabilities of Client to Tradeview Financial Markets SAC TRADEVIEW LTD whether or not Tradeview Financial Markets SAC TRADEVIEW LTD has made advances in connection with such securities, currencies or other property, and irrespective of the number of accounts Client may have with Tradeview Financial Markets SACTRADEVIEW LTD. Tradeview Financial Markets SAC TRADEVIEW LTD may in its discretion, at any time and from time to time, without notice to Client, apply and/or transfer any or all funds or other property of Client between any of Client’s accounts. Client hereby also grants to Tradeview Financial Markets SAC TRADEVIEW LTD the right to pledge, re-pledge, hypothecate, invest or loan, either separately or with the property of other Clients, to itself as broker or to others, any securities or other property of Client held by Tradeview Financial Markets SAC TRADEVIEW LTD as margin or collateral. Tradeview Financial Markets SAC TRADEVIEW LTD shall at no time be required to deliver to Client the identical property delivered to or purchased by Tradeview Financial Markets SAC TRADEVIEW LTD for any account of Client. Should Client take delivery of Page 3 of 7 currencies through settlement of trades, Tradeview Financial Markets SAC TRADEVIEW LTD is obliged to make full payment for the delivery on 24 hour hours notice. If the balance in the Client’s account is not adequate to pay for the delivery, the depository receipts held in the name of Client or Tradeview Financial Markets SACTRADEVIEW LTD, as Client’s agent or nominee, become property carried on margin in the Client’s account, since they are not fully paid for by Client. This authorization shall apply to all accounts carried by Tradeview Financial Markets SAC TRADEVIEW LTD for Client and shall remain in full force until all accounts are fully paid for by Client or notice of revocation is sent by Tradeview Financial Markets SACTRADEVIEW LTD.

COLLATERAL AND LENDING AGREEMENT. All funds, securities, currencies, and other property of Client that Tradeview Financial Markets SAC or its affiliates may at any time be carrying for Client (either individually, jointly with others or as a guarantor of the account of any other person) or which may at any time be in its possession or control or carried on the books of Tradeview Financial Markets SAC for any purpose, including safekeeping, are to be held by Tradeview Financial Markets SAC as security and subject to a general lien and right of set-off for all obligations and liabilities of Client to Tradeview Financial Markets SAC whether or not Tradeview Financial Markets SAC has made advances in connection with such securities, currencies or other property, and irrespective of the number of accounts Client may have with Tradeview Financial Markets SAC. Tradeview Financial Markets SAC may in its discretion, at any time and from time to time, without notice to Client, apply and/or transfer any or all funds or other property of Client between any of Client’s accounts. Client hereby also grants to Tradeview Financial Markets SAC the right to pledge, re-pledge, hypothecate, invest or loan, either separately or with the property of other Clients, to itself as broker or to others, any securities or other property of Client held by Tradeview Financial Markets SAC as margin or collateral. Tradeview Financial Markets SAC shall at no time be required to deliver to Client the identical property delivered to or purchased by Tradeview Financial Markets SAC for any account of Client. Should Client take delivery of Page 3 of 7 currencies through settlement of trades, Tradeview Financial Markets SAC is obliged to make full payment for the delivery on 24 hour hours notice. If the balance in the Client’s account is not adequate to pay for the delivery, the depository receipts held in the name of Client or Tradeview Financial Markets SAC, as Client’s agent or nominee, become property carried on margin in the Client’s account, since they are not fully paid for by Client. This authorization shall apply to all accounts carried by Tradeview Financial Markets SAC for Client and shall remain in full force until all accounts are fully paid for by Client or notice of revocation is sent by Tradeview Financial Markets SAC.