Common use of Joint Account Agreement Clause in Contracts

Joint Account Agreement. If applying to open a joint Account, each Client hereby jointly and severally acknowledges and agrees that the following terms and conditions shall apply: In consideration of MDIL carrying one or more joint Account(s) for the Clients, the Clients jointly and severally agree that each of them shall have authority, all on behalf of said joint Account(s) to operate such Account(s) including: to buy and/or sell Securities; to receive money, Securities and property of every kind and to dispose of same; to receive demands, notices, confirmations, reports, statements of account and communications of every kind; to sign such authorizations, agreements and documents as MDIL may require pertaining to any of the foregoing matters and generally to deal with MDIL as fully and completely as if each of the Clients alone was interested in said Account(s), all without notice to the other(s). MDIL is authorized to act upon the instructions of any of the Clients in every respect regarding said joint Account(s) and to make deliveries to any of the Clients or upon his/her instructions, of any or all Securities in said Account(s) and to make payments to any of the Clients, or upon his/her order, of any and all monies at any time or from time to time in said Account(s) even if such deliveries and/or payments shall be made to any of the Clients personally, and not for the joint Account of the Clients. In the event of any such deliveries of Securities or payments of monies to any of the Clients, MDIL is not bound or under duty or obligation to inquire into the application or disposition or the purpose or propriety of any such delivery of Securities or payment of monies. Right of Survivorship (not applicable to residents of Quebec): The Clients declare that their interests in the joint Account(s) are as joint tenants with full rights of survivorship and not as tenants in common. In the event of the death of either or any of the Clients, the entire beneficial interest in the joint Account(s) shall vest in the survivor or survivors, and if more than one survivor as joint tenants with full rights of survivorship and not as tenants in common on the same terms and conditions as contained in this Agreement. The death of one of the Clients shall in no way affect the right of the survivor to withdraw all monies and to take delivery of all Securities held in said Account(s) as aforesaid, subject to compliance with all applicable laws relating to succession duties and estate and inheritance taxes. In the event of the death of a Client, the survivor(s) may continue to operate the Account(s) under this agreement provided MDIL is immediately advised in writing at 000, 000 – 00xx Xxxxxx X.X., Xxxxxxx, XX X0X 0X0 of such death and MDIL retains the right at its sole discretion to take such proceeding, require such estate tax and succession duties, waivers and consents to be provided by the survivor(s), and retain such portion of and/or restrict transactions in the joint Account as MDIL deems advisable to protect MDIL against any tax, liability, penalty or loss under any present or future laws or otherwise. Right of Obligations of Survivors (for residents of Quebec only): In the event of the death of any of the Clients:

Joint Account Agreement. If applying to open a joint Account, each Client client hereby jointly and severally acknowledges and agrees that the following terms and conditions shall apply: In consideration of MDIL CLSL carrying one or more joint Account(s) for the Clients, the Clients jointly and severally agree that each of them shall have authority, all on behalf of said joint Account(s) to operate such Account(s) including: to buy and/or sell Securities; to receive money, Securities and property of every kind and to dispose of same; to receive demands, notices, confirmations, reports, statements of account and communications of every kind; to sign such authorizations, agreements and documents as MDIL CLSL may require pertaining to any of the foregoing matters and generally to deal with MDIL CLSL as fully and completely as if each of the Clients alone was interested in said Account(s), all without notice to the other(s). MDIL CLSL is authorized to act upon the instructions of any of the Clients in every respect regarding said joint Account(s) and to make deliveries to any of the Clients or upon his/her instructions, of any or all Securities in said Account(s) and to make payments to any of the Clients, or upon his/his/ her order, of any and all monies at any time or from time to time in said Account(s) even if such deliveries and/or payments shall be made to any of the Clients personally, and not for the joint Account of the Clients. In the event of any such deliveries of Securities or payments of monies to any of the Clients, MDIL CLSL is not bound or under duty or obligation to inquire into the application or disposition or the purpose or propriety of any such delivery of Securities or payment of monies. Right of Survivorship (not applicable to residents of Quebec): The Clients declare that their interests in the joint Account(s) are as joint tenants with full rights of survivorship and not as tenants in common. In the event of the death of either or any of the Clients, the entire beneficial interest in the joint Account(s) shall vest in the survivor or survivors, and if more than one survivor as joint tenants with full rights of survivorship and not as tenants in common on the same terms and conditions as contained in this Agreement. Agreement.‌ The death of one of the Clients shall in no way affect the right of the survivor to withdraw all monies and to take delivery of all Securities held in said Account(s) as aforesaid, subject to compliance with all applicable laws relating to succession duties and estate and inheritance taxes. In the event of the death of a Clientclient, the survivor(s) may continue to operate the Account(s) under this agreement provided MDIL CLSL is immediately advised in writing at 000000 Xxxxxxxx Xxx. X-0000, 000 – 00xx Xxxxxx X.X.Xxxxxx, Xxxxxxx, XX X0X 0X0 of such death and MDIL CLSL retains the right at its sole discretion to take such proceeding, require such estate tax and succession duties, waivers and consents to be provided by the survivor(s), and retain such portion of and/or restrict transactions in the joint Account as MDIL CLSL deems advisable to protect MDIL CLSL against any tax, liability, penalty or loss under any present or future laws or otherwise. Right of Obligations of Survivors (for residents of Quebec only): In the event of the death of any of the Clients:

Joint Account Agreement. If applying to open a joint Account, each Client hereby jointly and severally acknowledges and agrees that the following terms and conditions shall apply: In consideration of MDIL Qtrade carrying one or more joint Account(s) for the Clients, the Clients jointly and severally agree that each of them shall have authority, all on behalf of said joint Account(s) to operate such Account(s) including: to buy and/or sell Securities(including short sales) Securities on margin or otherwise; to receive money, Securities and property of every kind and to dispose of same; to receive demands, notices, confirmations, reports, statements of account and communications of every kind; to sign such authorizations, agreements and documents as MDIL Qtrade may require pertaining to any of the foregoing matters and generally to deal with MDIL Qtrade as fully and completely as if each of the Clients alone was interested in said Account(s), all without notice to the other(s). MDIL Qtrade is authorized to act upon the instructions of any of the Clients in every respect regarding said joint Account(s) and to make deliveries to any of the Clients or upon his/her instructions, of any or all Securities in said Account(s) and to make payments to any of the Clients, or upon his/her order, of any and all monies at any time or from time to time in said Account(s) even if such deliveries and/or payments shall be made to any of the Clients personally, and not for the joint Account of the Clients. In the event of any such deliveries of Securities or payments of monies to any of the Clients, MDIL Qtrade is not bound or under duty or obligation to inquire into the application or disposition or the purpose or propriety of any such delivery of Securities or payment of monies. Right of Survivorship (not applicable to residents of Quebec): The Clients declare that their interests in the joint Account(s) are as joint tenants with full rights of survivorship and not as tenants in common. In the event of the death of either or any of the Clients, the entire beneficial interest in the joint Account(s) shall vest in the survivor or survivors, and if more than one survivor as joint tenants with full rights of survivorship and not as tenants in common on the same terms and conditions as contained in this Agreement. The death of one of the Clients shall in no way affect the right of the survivor to withdraw all monies and to take delivery of all Securities held in said Account(s) as aforesaid, subject to compliance with all applicable laws relating to succession duties and estate and inheritance taxes. In the event of the death of a Client, the survivor(s) may continue to operate the Account(s) under this agreement provided MDIL Qtrade is immediately advised in writing at 000its Head Office at Vancouver, 000 – 00xx Xxxxxx X.X., Xxxxxxx, XX X0X 0X0 British Columbia of such death and MDIL Qtrade retains the right at its sole discretion to take such proceeding, require such estate tax and succession duties, waivers and consents to be provided by the survivor(s), and retain such portion of and/or restrict transactions in the joint Account as MDIL Qtrade deems advisable to protect MDIL Qtrade against any tax, liability, penalty or loss under any present or future laws or otherwise. Right of Obligations of Survivors (for residents of Quebec only): In the event of the death of any of the Clients:

Joint Account Agreement. If applying to open a joint Account, each Client client hereby jointly and severally acknowledges and agrees that the following terms and conditions shall apply: In consideration of MDIL CLSL carrying one or more joint Account(s) for the Clients, the Clients jointly and severally agree that each of them shall have authority, all on behalf of said joint Account(s) to operate such Account(s) including: to buy and/or sell Securities; to receive money, Securities and property of every kind and to dispose of same; to receive demands, notices, confirmations, reports, statements of account and communications of every kind; to sign such authorizations, agreements and documents as MDIL CLSL may require pertaining to any of the foregoing matters and generally to deal with MDIL CLSL as fully and completely as if each of the Clients alone was interested in said Account(s), all without notice to the other(s). MDIL CLSL is authorized to act upon the instructions of any of the Clients in every respect regarding said joint Account(s) and to make deliveries to any of the Clients or upon his/her instructions, of any or all Securities in said Account(s) and to make payments to any of the Clients, or upon his/his/ her order, of any and all monies at any time or from time to time in said Account(s) even if such deliveries and/or payments shall be made to any of the Clients personally, and not for the joint Account of the Clients. In the event of any such deliveries of Securities or payments of monies to any of the Clients, MDIL CLSL is not bound or under duty or obligation to inquire into the application or disposition or the purpose or propriety of any such delivery of Securities or payment of monies. Right of Survivorship (not applicable to residents of Quebec): The Clients declare that their interests in the joint Account(s) are as joint tenants with full rights of survivorship and not as tenants in common. In the event of the death of either or any of the Clients, the entire beneficial interest in the joint Account(s) shall vest in the survivor or survivors, and if more than one survivor as joint tenants with full rights of survivorship and not as tenants in common on the same terms and conditions as contained in this Agreement. The death of one of the Clients shall in no way affect the right of the survivor to withdraw all monies and to take delivery of all Securities held in said Account(s) as aforesaid, subject to compliance with all applicable laws relating to succession duties and estate and inheritance taxes. In the event of the death of a Clientclient, the survivor(s) may continue to operate the Account(s) under this agreement provided MDIL CLSL is immediately advised in writing at 000000 Xxxxxxxx Xxx. X-0000, 000 – 00xx Xxxxxx X.X.Xxxxxx, Xxxxxxx, XX X0X 0X0 of such death and MDIL CLSL retains the right at its sole discretion to take such proceeding, require such estate tax and succession duties, waivers and consents to be provided by the survivor(s), and retain such portion of and/or restrict transactions in the joint Account as MDIL CLSL deems advisable to protect MDIL CLSL against any tax, liability, penalty or loss under any present or future laws or otherwise. Right of Obligations of Survivors (for residents of Quebec only): In the event of the death of any of the Clients: