Common use of Acceptance; Cumulative Effect Clause in Contracts

Acceptance; Cumulative Effect. This Agreement is cumulative and supersedes any agreement previously in effect. It shall be binding upon the parties hereto when signed by us and accepted by you. If you have a current dealer agreement with us, your first trade or acceptance of payments from us after receipt of this Agreement, as it may be amended pursuant to paragraph 16, above, shall constitute your acceptance of its terms. Otherwise, your signature below shall constitute your acceptance of its terms. FRANKLIN/TEMPLETON DISTRIBUTORS, INC. By: Xxxx Johnson, President 777 Marixxxx Xxxxxx Blvd. San Maxxx, XX 00000 Xxxxxxxxx: Xxxxx Xxxxx Xxxxxxx (for legal notices only) 415/312-2000 700 Central Avenue St. Petersburg, Xxxxxxx 00000-0000 000/000-0000

Acceptance; Cumulative Effect. This Agreement is cumulative and supersedes any agreement previously in effect. It shall be binding upon the parties hereto when signed by us and accepted by you. If you have a current dealer agreement with us, your first trade or acceptance of payments from us after receipt of this Agreement, as it may be amended pursuant to paragraph 16, above, shall constitute your acceptance of its terms. Otherwise, your signature below shall constitute your acceptance of its terms. FRANKLIN/TEMPLETON DISTRIBUTORS, INC. By: Xxxx Johnson, President 777 Marixxxx Xxxxxx Blvd. San MaxxxMatxx, XX 00000 Xxxxxxxxx: Xxxxx Xxxxx Xxxxxxx (for legal notices only) 415/312-2000 700 Central Avenue St. Petersburg, Xxxxxxx 00000-0000 000/000-0000