Common use of Joint Accounts and Custody Accounts Clause in Contracts

Joint Accounts and Custody Accounts. If your Account is a joint Account, then upon suspension or termination of our Advisory Service, certain additional conditions will apply. In such event, FBS will be under no obligation to question the purposes or propriety of any instructions of a joint Account owner or authorized person that appears to be authentic, or to let other joint Account owners know about any changes a joint Account owner made to the Account, unless FBS has received written notice to the contrary from an authorized person and in good order, at the address for notices provided in Section 16 below (or such other address for customer communications that will be provided to you). FBS reserves the right to require, at any time, the written consent from all joint Account owners before acting on any instructions from a joint Account owner, but FBS uses this right only at its own discretion and for its own protection or the protection of its affiliates. Laws governing ownership of property vary from state to state. You understand and agree that you are responsible for verifying that the joint registration you select is valid in your state. Generally, however, for joint tenants with rights of survivorship, in the event of the death of either tenant, the entire interest in the joint Account shall be vested in the surviving joint tenant on the same terms and conditions. For tenants in common, the interest in each tenancy shall be equal unless specified, and in the event of death of either tenant the interest in their share of the tenancy shall vest in the decedent’s legal representative. State laws regulating community property vary. Consult your own legal adviser. If your Account is a custodial Account, you understand and agree that FBS will maintain an Account established under the designated state Uniform Gifts to Minors Act (UGMA) or Uniform Transfers to Minors Act (UTMA) and for which you are custodian. You understand and represent and warrant the assets in the Account belong to the minor and all such assets, whether or not transferred out of Fidelity UGMA/UTMA Accounts, will be used by you only for the benefit of the minor. As used herein, “you” or “your” shall refer to the custodian or to the minors as the context may require.

Joint Accounts and Custody Accounts. If your Account is a joint Accountaccount, then upon suspension or termination of our Advisory Service, certain additional conditions will apply. In such event, FBS will be under no obligation to question the purposes or propriety of any instructions of a joint Account account owner or authorized person that appears to be authentic, or to let other joint Account account owners know about any changes a joint Account account owner made to the Account, unless FBS has received written notice to the contrary contrary, from an authorized person and in good order, at the address specified for customer communications to FBS at the address for notices provided in Section 16 below (or such other address for customer communications that will be provided to you). FBS reserves the right to require, at any time, the written consent from all joint Account account owners before acting on any instructions from a joint Account account owner, but FBS uses this right only at its own discretion and for its own protection or the protection of its affiliates. Laws governing ownership of property vary from state to state. You understand and agree that you are responsible for verifying that the joint registration you select is valid in your state. Generally, however, for joint tenants with rights of survivorship, in the event of the death of either tenant, the entire interest in the joint Account account shall be vested in the surviving joint tenant on the same terms and conditions. For tenants in common, the interest in each tenancy shall be equal unless specified, specified and in the event of death of either tenant the interest in their share of the tenancy shall vest in the decedent’s legal representative. State laws regulating community property vary. Consult your own legal adviseradvisor. If your Account is a custodial Accountaccount, you understand and agree that FBS will maintain an Account account established under the designated state Uniform Gifts to Minors Act (UGMA) or Uniform Transfers to Minors Act (UTMA) and for which you are custodian. You understand and represent and warrant the assets in the Account belong to the minor and all such assets, whether or not transferred out of the Fidelity UGMA/UTMA Accountsaccounts, will only be used by you only for the benefit of the minor. As used herein, “you” or “your” shall refer to the custodian or to the minors as the context may require.

Joint Accounts and Custody Accounts. If your Account is a joint Account, then upon suspension or termination of our Advisory Service, certain additional conditions will apply. In such event, FBS will be under no obligation to question the purposes or propriety of any instructions of a joint Account owner or authorized person that appears to be authentic, or to let other joint Account owners know about any changes a joint Account owner made to the Account, unless FBS has received written notice to the contrary from an authorized person and in good order, at the address for notices provided in Section 16 below (or such other address for customer communications that will be provided to you). FBS reserves the right to require, at any time, the written consent from all joint Account owners before acting on any instructions from a joint Account owner, but FBS uses this right only at its own discretion and for its own protection or the protection of its affiliatesaffiliates. Laws governing ownership of property vary from state to state. You understand and agree that you are responsible for verifying that the joint registration you select is valid in your state. Generally, however, for joint tenants with rights of survivorship, in the event of the death of either tenant, the entire interest in the joint Account shall be vested in the surviving joint tenant on the same terms and conditions. For tenants in common, the interest in each tenancy shall be equal unless specifiedspecified, and in the event of death of either tenant the interest in their share of the tenancy shall vest in the decedent’s legal representative. State laws regulating community property vary. Consult your own legal adviser. If your Account is a custodial Account, you understand and agree that FBS will maintain an Account established under the designated state Uniform Gifts to Minors Act (UGMA) or Uniform Transfers to Minors Act (UTMA) and for which you are custodian. You understand and represent and warrant the assets in the Account belong to the minor and all such assets, whether or not transferred out of Fidelity UGMA/UTMA Accounts, will be used by you only for the benefit benefit of the minor. As used herein, “you” or “your” shall refer to the custodian or to the minors as the context may require.

Joint Accounts and Custody Accounts. If your Account is a joint Accountaccount, then upon suspension or termination of our the Advisory ServiceServices, certain additional conditions will apply. In such event, FBS will be under no obligation to question the purposes or propriety of any instructions of a joint Account account owner or authorized person that appears to be authentic, or to let other joint Account account owners know about any changes a joint Account account owner made to the Accountaccount, unless FBS has received written notice to the contrary from an authorized person and in good order, at the address for notices provided in Section 16 below 15 (or such other address for customer communications that will be provided to you). FBS reserves the right to require, at any time, the written consent from all joint Account account owners before acting on any instructions from a joint Account account owner, but FBS uses this right only at its own discretion and for its own protection or the protection of its affiliates. Laws governing ownership of property vary from state to state. You understand and agree that you are responsible for verifying that the joint registration you select is valid in your state. Generally, however, for joint tenants with rights of survivorship, in the event of the death of either tenantten- ant, the entire interest in the joint Account account shall be vested in the surviving joint tenant on the same terms and conditions. For tenants in common, the interest in each tenancy shall be equal unless specified, and in the event of death of either tenant the interest in their share of the tenancy shall vest in the decedent’s legal representative. State laws regulating community property vary. Consult your own legal adviser. If your Account is a custodial Account, you understand and agree that FBS will maintain an Account established under the designated state Uniform Uni- form Gifts to Minors Act (“UGMA”) or Uniform Transfers to Minors Act (“UTMA”) and for which you are custodian. You understand and represent and warrant the assets in the Account belong to the minor and all such assets, whether or not transferred out of Fidelity UGMA/UTMA Accountsaccounts, will be used by you only for the benefit of the minor. As used herein, “you” or “your” shall refer to the custodian or to the minors as the context may require.

Joint Accounts and Custody Accounts. If your Account is a joint Accountaccount, then upon suspension or termination of our the Advisory ServiceServices, certain additional conditions will apply. In such event, FBS will be under no obligation to question the purposes or propriety of any instructions of a joint Account account owner or authorized person that appears to be authentic, or to let other joint Account account owners know about any changes a joint Account account owner made to the Accountaccount, unless FBS has received written notice to the contrary contrary, from an authorized person and in good order, at the address for notices provided in Section 16 below (or such other address for customer communications that will be provided to you). FBS reserves the right to require, at any time, the written consent from all joint Account account owners before acting on any instructions from a joint Account account owner, but FBS uses this right only at its own discretion and for its own protection or the protection of its affiliates. Laws governing ownership of property vary from state to state. You understand and agree that you are responsible for verifying that the joint registration reg- istration you select is valid in your state. Generally, however, for joint tenants with rights of survivorship, in the event of the death of either tenant, the entire interest in the joint Account account shall be vested in the surviving joint tenant on the same terms and conditions. For tenants in common, the interest in each tenancy shall be equal unless specified, and in the event of death of either tenant the interest in their share of the tenancy shall vest in the decedent’s legal representative. State laws regulating community property vary. Consult your own legal adviseradvisor. If your Account is a custodial Account, you understand and agree that FBS will maintain an Account established under the designated state Uniform Gifts to Minors Act (“UGMA”) or Uniform Transfers to Minors Act (“UTMA) and ”), for which you are will become custodian. You understand and represent and warrant the assets in the Account belong to the minor and all such assets, whether or not transferred out of Fidelity UGMA/UTMA Accountsaccounts, will be used by you only for the benefit of the minor. As used herein, “you” or “your” shall refer to the custodian or to the minors as the context may require.

Joint Accounts and Custody Accounts. If your Account is a joint Account, then upon suspension or termination of our Advisory ServiceServices, certain additional conditions will apply. In such event, FBS will be under no obligation to question the purposes or propriety of any instructions of a joint Account owner or authorized person that appears to be authentic, or to let other joint Account owners know about any changes a joint Account owner made to the Account, unless FBS has received written notice to the contrary from an authorized person and in good order, at the address for notices provided in Section 16 below (or such other address for customer communications that will be provided to you). FBS reserves the right to require, at any time, the written consent from all joint Account owners before acting on any instructions from a joint Account owner, but FBS uses this right only at its own discretion and for its own protection or the protection of its affiliates. Laws governing ownership of property vary from state to state. You understand and agree that you are responsible for verifying that the joint registration you select is valid in your state. Generally, however, for joint tenants with rights of survivorship, in the event of the death of either tenant, the entire interest in the joint Account shall be vested in the surviving joint tenant on the same terms and conditions. For tenants in common, the interest in each tenancy shall be equal unless specified, and in the event of death of either tenant the interest in their share of the tenancy shall vest in the decedent’s legal representative. State laws regulating community property vary. Consult your own legal adviser. If your Account is a custodial Account, you understand and agree that FBS will maintain an Account established under the designated state Uniform Uni- form Gifts to Minors Act (“UGMA”) or Uniform Transfers to Minors Act (“UTMA”) and for which you are custodian. You understand and represent and warrant the assets in the Account belong to the minor and all such assets, whether or not transferred out of Fidelity UGMA/UTMA Accountsaccounts, will be used by you only for the benefit of the minor. As used herein, “you” or “your” shall refer to the custodian or to the minors as the context may require.