Common use of NASD Questionnaire Clause in Contracts

NASD Questionnaire. (a) Are you a member(1) of the NASD, a person associated with a member(2) of the NASD, or an affiliate of a member? Yes No If “Yes,” please list any members of the NASD with whom you are associated or affiliated. (1) The NASD defines a “member” as being either any broker or dealer admitted to membership in the NASD or any officer or partner of such a member, or the executive representative of such a member or the substitute for such representative. (2) The NASD defines a “person associated with a member” as being every sole proprietor, general or limited partner, officer, director or branch manager or such member, or any natural person occupying a similar status or performing similar functions, or any natural person engaged in the investment banking or securities business who is directly or indirectly controlling or controlled by such member (for example, any employee), whether or not any such person is registered or exempt from registration without the NASD. Thus, “person associated with a member” includes a sole proprietor, general or limited partner, officer, director or branch manager or an organization of any kind (whether a corporation, partnership or other business entity) which itself is a “member” or a “person associated with a member.” In addition, an organization of any kind is a “person associated with a member” if its sole proprietor or anyone of its general or limited partners, officers, director or branch managers is a “member” or “person associated with a member.” (b) If you are a corporation, are any of your officers, directors or 5% shareholders a member of the NASD, a person associated with a member of the NASD, or an affiliate of a member? Yes No If “Yes,” please list the name of the respective officer, director, or 5% shareholder and any members of the NASD with whom they are associated or affiliated.

NASD Questionnaire. (a) Are you a member(1) of the NASD, ,a person associated with a member(2) of the NASD, or an affiliate of a member? Yes No If “"Yes,” " please list any members of the NASD with whom you are associated or affiliated. (1) The NASD defines a “member” as being either any broker or dealer admitted to membership in the NASD or any officer or partner of such a member, or the executive representative of such a member or the substitute for such representative. (2) The NASD defines a “person associated with a member” as being every sole proprietor, general or limited partner, officer, director or branch manager or such member, or any natural person occupying a similar status or performing similar functions, or any natural person engaged in the investment banking or securities business who is directly or indirectly controlling or controlled by such member (for example, any employee), whether or not any such person is registered or exempt from registration without the NASD. Thus, “person associated with a member” includes a sole proprietor, general or limited partner, officer, director or branch manager or an organization of any kind (whether a corporation, partnership or other business entity) which itself is a “member” or a “person associated with a member.” In addition, an organization of any kind is a “person associated with a member” if its sole proprietor or anyone of its general or limited partners, officers, director or branch managers is a “member” or “person associated with a member.” (b) If you are a corporation, are any of your officers, directors or 5% shareholders a member of the NASD, a person associated with a member of the NASD, or an affiliate of a member? Yes No If “Yes,” please list the name of the respective officer, director, or 5% shareholder and any members of the NASD with whom they are associated or affiliated.

NASD Questionnaire. (a) Are you a member(1) of the NASD, a person associated with a member(2) of the NASD, or an affiliate of a member? Yes No X If “Yes,” please list any members of the NASD with whom you are associated or affiliated. (1) The NASD defines a “member” as being either any broker or dealer admitted to membership in the NASD or any officer or partner of such a member, or the executive representative of such a member or the substitute for such representative. (2) The NASD defines a “person associated with a member” as being every sole proprietor, general or limited partner, officer, director or branch manager or such member, or any natural person occupying a similar status or performing similar functions, or any natural person engaged in the investment banking or securities business who is directly or indirectly controlling or controlled by such member (for example, any employee), whether or not any such person is registered or exempt from registration without the NASD. Thus, “person associated with a member” includes a sole proprietor, general or limited partner, officer, director or branch manager or an organization of any kind (whether a corporation, partnership or other business entity) which itself is a “member” or a “person associated with a member.” In addition, an organization of any kind is a “person associated with a member” if its sole proprietor or anyone of its general or limited partners, officers, director or branch managers is a “member” or “person associated with a member.” (b) If you are a corporation, corporation are any of your officers, directors or 5% shareholders a member of the NASD, a person associated with a member of the NASD, NASD or an affiliate of a member? Yes No If “Yes,” please list the name of the respective officer, director, or 5% shareholder share holder and any members of the NASD with whom they are associated or of affiliated.