Common use of Sell orders Clause in Contracts

Sell orders. We do not accept short selling orders under this service. Sell orders will only be accepted when selling Issuer-sponsored stock, if the Shareholder Reference Number (SRN) of the holding is quoted at the time of placing the trade and the number of units available is sufficient for settlement of the trade. Sell orders may not be accepted if: • there are insufficient units available for settlement in Your Participant Sponsored Holdings sponsored by us; or • there are insufficient units available for settlement in an Issuer-sponsored holding quoted by You; or • an invalid SRN for Issuer-sponsored stock is supplied; or • more than one valid SRN for Issuer-sponsored stock is supplied; or • stock is Participant Sponsored by a broker other than us. Orders involving any of the following do not qualify for our Internet brokerage rates and can only be placed over the telephone: • where registration details are required to be different from Your Amscot account details; or • where payment is required to be made in the name of a person or entity other than the account holder; or • where Your payment instructions are different from the standing instructions for Your Amscot account; or • for any shareholding on a Shareholder Reference Number (SRN).

Sell orders. We do not accept short selling orders under this service. Sell orders will only be accepted when selling Issuer-sponsored stock, if the Shareholder Reference Number (SRN) of the holding is quoted at the time of placing the trade and the number of units available is sufficient for settlement of the trade. Sell orders may not be accepted if: • there are insufficient units available for settlement in Your Participant Sponsored Holdings sponsored by us; or • there are insufficient units available for settlement in an Issuer-sponsored holding quoted by You; or • an invalid SRN for Issuer-sponsored stock is supplied; or • more than one valid SRN for Issuer-sponsored stock is supplied; or • stock is Participant Sponsored by a broker other than us. Orders involving any of the following do not qualify for our Internet brokerage rates and can only be placed over the telephone: • where registration details are required to be different from Your Amscot amscot account details; or • where payment is required to be made in the name of a person or entity other than the account holder; or • where Your payment instructions are different from the standing instructions for Your Amscot amscot account; or • for any shareholding on a Shareholder Reference Number (SRN).