Common use of Confirmations and Reports Clause in Contracts

Confirmations and Reports. With respect to your Account(s), unless you direct otherwise, Sponsor will send you trade confirmations and consolidated statements at least quarterly. You may elect to waive the right to receive trade confirmations upon the completion of each transaction in your Program Account(s). If you make this election, Sponsor will, upon Sponsor’s approval of such election, send trade confirmations only to Envestnet and/or the Envestnet Manager and you will be able to view information regarding such transactions on the consolidated statements sent to you and on xxxxxxxxxx.xxx. Your Wrap Fee will not change as a result of this election and your decision to make this election is not a condition of entering into, or continuing participation in the Program. You may rescind this election at any time by providing Sponsor with a new written election. Your Wrap Fee (which will include consolidated advisory fee, if applicable) will appear in the Access Account transaction section of the consolidated statement.

Confirmations and Reports. With respect to your Account(s), unless you direct otherwise, Sponsor will send you trade confirmations and consolidated statements at least quarterly. You may elect to waive the right to receive trade confirmations upon the completion of each transaction in your Program Account(s). If you make this election, Sponsor will, upon SponsorXxxxxxx’s approval of such election, send trade confirmations only to Envestnet and/or the Envestnet Manager and you will be able to view information regarding such transactions on the consolidated statements sent provided to you and on the secure site on xxxxxxxxxx.xxx. Your Wrap Fee will not change as a result of this election and your decision to make this election is not a condition of entering into, or continuing participation in the Program. You may rescind this election at any time by providing Sponsor with a new written election. Your Wrap Fee (which will include consolidated advisory fee, if applicable) will appear in the Access Account transaction section of the consolidated statement.