Common use of SECURITIES TRANSFERS Clause in Contracts

SECURITIES TRANSFERS. Subject to our discretion and acceptance, you may transfer securities into your Account. You understand that fees will be charged on transferred securities, which may have previously incurred transaction or other costs. We are not responsible for any actions undertaken by a broker-dealer or investment adviser prior to the transfer and you agree to hold RIA, WFA, and the applicable Sub- Advisor harmless and indemnify RIA, WFA, and the applicable Sub-Advisor from any and all liability, loss, or damages arising directly or indirectly from any actions taken prior to the transfer of such securities into your Account. In addition, you understand that RIA or the Sub-Advisor may sell, liquidate, or otherwise dispose of some or all of the securities transferred into the Account pursuant to the discretion granted by you to RIA and/or Sub-Advisor. You authorize RIA, WFA and the Sub-Advisor, at our or their discretion, to convert existing mutual funds in your Account to any available institutional share or advisory program share class ("Advisory Share Class") without your prior consent.

SECURITIES TRANSFERS. Subject to our discretion and acceptance, you may transfer securities into your Account. You understand that fees will be charged on transferred securities, which may have previously incurred transaction or other costs. We are not responsible for any actions undertaken by a broker-dealer or investment adviser prior to the transfer and you agree to hold RIA, WFA, and the applicable Sub- Sub-Advisor harmless and indemnify RIA, WFA, and the applicable Sub-Advisor from any and all liability, loss, or damages arising directly or indirectly from any actions taken prior to the transfer of such securities into your Account. In addition, you understand that RIA or the Sub-Sub- Advisor may sell, liquidate, or otherwise dispose of some or all of the securities transferred into the Account pursuant to the discretion granted by you to RIA and/or Sub-Sub- Advisor. You authorize RIA, WFA and the Sub-Sub- Advisor, at our or their discretion, to convert existing mutual funds in your Account to any available institutional share or advisory program share class ("Advisory Share Class") without your prior consent.