Common use of SEC Disciplinary Orders Clause in Contracts

SEC Disciplinary Orders. Are you subject to any order of the SEC that currently: · suspends or revokes your registration as a broker, dealer, municipal securities dealer or investment adviser; · places limitations on the activities, functions or operations of, or imposes civil money penalties on, such person; or · bars you from being associated with any entity or from participating in the offering of any p▇▇▇▇ stock?1 ¨ Yes. If yes, please explain: __________________________________________________________________ ¨ No.

SEC Disciplinary Orders. Are you subject to any order of the SEC that currently: · suspends or revokes your registration as a broker, dealer, municipal securities dealer or investment adviser; · places limitations on the activities, functions or operations of, or imposes civil money penalties on, such person; or · bars you from being associated with any entity or from participating in the offering of any p▇▇▇▇▇ stock?1 ¨ ☐ Yes. If yes, please explain: ____________________________________________________ ______________________________________________________________________________ ¨ No.______________________________________________________________________________ ______________________________________________________________________________

SEC Disciplinary Orders. Are you subject to any order of the SEC that currently: · ● suspends or revokes your registration as a broker, dealer, municipal securities dealer or investment adviser; · ● places limitations on the activities, functions or operations of, or imposes civil money penalties on, such person; or · ● bars you from being associated with any entity or from participating in the offering of any p▇▇▇▇▇ stock?1 ¨ ☐ Yes. If yes, please explain: __________________________________________________________ __________________________________________________________________________________ ¨ __________________________________________________________________________________ __________________________________________________________________________________ ☐ No.

SEC Disciplinary Orders. Are you subject to any order of the SEC that currently: · suspends or revokes your registration as a broker, dealer, municipal securities dealer or investment adviser; · places limitations on the activities, functions or operations of, or imposes civil money penalties on, such person; or · bars you from being associated with any entity or from participating in the offering of any p▇▇▇▇ stock?1 ¨ Yes. If yes, please explain: __________________________________________________________________ 1 A disqualification based on a suspension or limitation of activities expires when the suspension or limitation expires. ¨ NoN▇.

SEC Disciplinary Orders. Are you subject to any order of the SEC that currently: · suspends or revokes your registration as a broker, dealer, municipal securities dealer or investment adviser; · places limitations on the activities, functions or operations of, or imposes civil money penalties on, such person; or · bars you from being associated with any entity or from participating in the offering of any p▇▇▇▇▇ stock?1 ¨ ☐ Yes. If yes, please explain: ____________________________________________________ ______________________________________________________________________________ ¨ ______________________________________________________________________________ ______________________________________________________________________________ ☐ No.

SEC Disciplinary Orders. Are you subject to any order of the SEC that currently: · suspends or revokes your registration as a broker, dealer, municipal securities dealer or investment adviser; · places limitations on the activities, functions or operations of, or imposes civil money penalties on, such person; or · bars you from being associated with any entity or from participating in the offering of any p▇▇▇▇▇ stock?1 ¨ □ Yes. If yes, please explain: __________________________________________________________________ ¨ □ No.

SEC Disciplinary Orders. Are you subject to any order of the SEC Securities and Exchange Commission (“SEC”) that currently: · ☐ suspends or revokes your registration as a broker, dealer, municipal securities dealer or investment adviser; · ☐ places limitations on the activities, functions or operations of, or imposes civil money penalties on, such person; or · ☐ bars you from being associated with any entity or from participating in the offering of any p▇▇▇▇ stock?1 ¨ ☐ Yes. If yes, please explain: ____________________________________________________________________________________ ¨ No.____________________________________________________________________________________ ____________________________________________________________________________________

SEC Disciplinary Orders. Are you subject to any order of the SEC Securities and Exchange Commission (“SEC”) that currently: · ☐ suspends or revokes your registration as a broker, dealer, municipal securities dealer or investment adviser; · ☐ places limitations on the activities, functions or operations of, or imposes civil money penalties on, such person; or · ☐ bars you from being associated with any entity or from participating in the offering of any p▇▇▇▇▇ stock?1 ¨ ☐ Yes. If yes, please explain: _____________________________________________________________________________________________ ¨ _____________________________________________________________________________________________ _____________________________________________________________________________________________ ☐ No.

SEC Disciplinary Orders. Are you subject to any order of the SEC that currently: · - suspends or revokes your registration as a broker, dealer, municipal securities dealer or investment adviser; · adviser - places limitations on the activities, functions or operations of, or imposes civil money penalties on, such person; or · - bars you from being associated with any entity or from participating in the offering of any p▇▇▇▇▇ stock?1 ¨ ☐ Yes. If yes, please explain: ____________________________________________________ ______________________________________________________________________________ ¨ ______________________________________________________________________________ ______________________________________________________________________________ ☐ No.