Common use of Dividend Reinvestment Plan Clause in Contracts

Dividend Reinvestment Plan. The Dividend Reinvestment Plan (“DRP”, “the Plan”) allows you to automatically reinvest any dividends, capital gains and return-of-capital income distributions (“Eligible Monies”) paid on shares we hold for you in additional shares of the same securities. The Equity Dividend Reinvestment options selected by the Customer are on the New Account Application. This service is available on most domestic listed New York Stock Exchange, American Stock Exchange and NASDAQ common stocks held in your Account in nominee name (“Eligible Securities”). Many stocks eligible through the DRP do not have reinvestment programs of their own therefore; the Plan offers you many more opportunities for reinvestment. You can reinvest whether your Eligible Securities are fully paid or you are using securities as loan collateral in a margin account. We will reinvest all Eligible Monies into whole and fractional shares rounded to three decimal places. We can reinvest in all or some of the Eligible Securities in your Account. If, in setting up your Account, you elected to reinvest all future dividends, capital-gain distributions, and return-of- capital Monies, the DRP service will also apply to eligible future holdings as well as current holdings. No further action is required. But if you chose instead to reinvest only certain securities in your Account, you will need to advise your Advisor whether or not to reinvest each time you buy a new Eligible Security or deposit one into your Account. You can make reinvestment decisions when entering good-till-canceled orders, or in anticipation of transferring securities to us from another firm. Reinvestment decisions can easily be changed by contacting your Advisor, who you authorize to instruct us to add or delete a specific stock or change your standing account instructions. Any change must be received at least two days before the posting date of any Eligible Monies. Written confirmation of changes will not be issued; however, at any time, your Advisor will be able to tell you which of your securities are being reinvested through the DRP. Reinvestment will be determined based on your Account coding one business day before Eligible Monies are credited to your Account. How the Plan Works: On the day Eligible Monies are credited to your Account, they will be reinvested at or near the opening price of each designated Eligible Security. If multiple lots are necessary, an average price will be used. If an IRS Form W-9 is required and is not on file, or if your Account is, for any reason, subject to any other withholding requirements, reinvestment will occur for net eligible monies after deducting amounts withheld. Clearing Firm will detail all DRP reinvestment activity on your monthly Account statement, including purchase price and number of shares purchased (including fractional shares), date of such transactions, and total number of shares of such securities in your Account. If you sell the entire position of one of your Eligible Securities before Eligible Monies are credited (or, in the case of an optional dividend, if you have specifically chosen the cash option), we will not reinvest those Eligible Monies in that stock. You Can Sell Reinvested Shares of Your Eligible Securities: When you sell your entire whole- share position in any Eligible Security, any fractional share will be sold automatically. If your position is sold in multiple executions, the fraction will be sold at your first execution price. Your trade confirmation will reflect whole shares sold through the appropriate exchange or market. Your fractional share will appear on the same confirmation as being sold through our Fractional Share Facilitation Account, since fractional shares can’t be sold through regular methods. Use of our DRP does not guarantee you a profit or protect you against losses, it does allow you to take advantage of market fluctuations and invest fixed dollar amounts periodically, without paying commissions or fees. Terms and Conditions: • Clearing Firm reserves the right to suspend or delete an otherwise Eligible Security from dividend reinvestment at any time, without notice, in response to market conditions. • Should you request registration of your whole shares or request their transfer to another firm, any fractional shares will be sold. • Each type of payment (dividends, return of capital, long-term capital gain) will be considered separately in determining minimums subject to reinvestment. • Voting privileges do not exist on fractional shares. • If you are an “affiliate” or “insider” of any issuer, you may want to consult your personal legal advisor before participating in the DRP with respect to that issue. Clearing Firm reserves the right to modify the terms of the Plan, or discontinue or suspend it (in whole or in part) whenever conditions warrant, at any time, with or without notice.

Dividend Reinvestment Plan. The Dividend Reinvestment Plan (“"DRP”", “"the Plan”plan") allows you to automatically reinvest any dividends, capital gains gains, and return-of-capital income distributions (“"Eligible Monies”") paid on shares we hold for you in additional shares of the same securities. The Equity Dividend Reinvestment options selected by the Customer Client are on the New Account Application. This service is available on most domestic listed New York Stock Exchange, American Stock Exchange Exchange, and NASDAQ common stocks held in your Account in nominee name (“"Eligible Securities”"). Many stocks eligible through the DRP do not have reinvestment programs of their own own, therefore; , the Plan offers you many more opportunities for reinvestment. You can reinvest whether your Eligible Securities are fully paid or you are using securities as loan collateral in a margin account. We will reinvest all Eligible Monies into whole and fractional shares rounded to three decimal places. We can reinvest in all or some of the Eligible Securities in your Account. If, in setting up your Account, you elected to reinvest all future dividends, capital-gain distributions, and return-of- of-capital Monies, the DRP service will also apply to eligible future holdings as well as current holdings. No further action is required. But if you chose instead to reinvest only certain securities in your Account, you will need to advise your Advisor registered representative whether or not to reinvest each time you buy a new Eligible Security or deposit one into your Account. You can make reinvestment decisions when entering good-till-canceled orders, or in anticipation of transferring securities to us from another firm. Reinvestment decisions can easily be changed by contacting your Advisor, who you authorize to instruct us registered representative to add or delete a specific stock or change your standing account instructions. Any change must be received at least two days before the posting date of any Eligible Monies. Written confirmation of changes will not be issued; however, at any time, your Advisor registered representative will be able to tell you which of your securities are being reinvested through the DRP. Reinvestment will be determined based on your Account coding one business day before Eligible Monies are credited to your Account. How the Plan Works: Works On the day Eligible Monies are credited to your Account, they will be reinvested at or near the opening price of each designated Eligible Security. If multiple lots are necessary, an average price will be used. If an IRS Form W-9 is required and is not on file, or if your Account is, for any reason, subject to any other withholding requirements, reinvestment will occur for net eligible monies Eligible Monies after deducting amounts withheld. Clearing Firm will detail all DRP reinvestment activity on your monthly Account account statement, including purchase price and number of shares purchased (including fractional shares), date of such transactions, and total number of shares of such securities in your Account. If you sell the entire position of one of your Eligible Securities before Eligible Monies are credited (or, in the case of an optional dividend, if you have specifically chosen the cash option), we will not reinvest those Eligible Monies in that stock. You Can Sell Reinvested Shares of Your Eligible Securities: When you sell your entire whole- share position in any Eligible Security, any fractional share will be sold automatically. If your position is sold in multiple executions, the fraction will be sold at your first execution price. Your trade confirmation will reflect whole shares sold through the appropriate exchange or market. Your fractional share will appear on the same confirmation as being sold through our Fractional Share Facilitation Account, since fractional shares can’t be sold through regular methods. Use of our DRP does not guarantee you a profit or protect you against losses, it does allow you to take advantage of market fluctuations and invest fixed dollar amounts periodically, without paying commissions or fees. Terms and Conditions: • Clearing Firm reserves the right to suspend or delete an otherwise Eligible Security from dividend reinvestment at any time, without notice, in response to market conditions. • Should you request registration of your whole shares or request their transfer to another firm, any fractional shares will be sold. • Each type of payment (dividends, return of capital, long-term capital gain) will be considered separately in determining minimums subject to reinvestment. • Voting privileges do not exist on fractional shares. • If you are an “affiliate” or “insider” of any issuer, you may want to consult your personal legal advisor before participating in the DRP with respect to that issue. Clearing Firm reserves the right to modify the terms of the Plan, or discontinue or suspend it (in whole or in part) whenever conditions warrant, at any time, with or without notice.

Dividend Reinvestment Plan. The Dividend Reinvestment Plan (“DRP”, “the Plan”DRIP) allows you to automatically reinvest any dividends, capital gains and return-of-capital income distributions (“Eligible Monies”) paid on shares we hold for you of eligible securities in additional shares of the same securities. The Equity Dividend Reinvestment options selected by the Customer are Most domestic common stocks listed on the New Account Application. This service is available on most domestic listed New York Stock Exchange, American Stock Exchange Inc. (NYSE) and NASDAQ common stocks held are eligible for the DRIP in your Account in nominee name accordance with applicable policies (“Eligible Securities”). Many stocks eligible through You may enroll in the DRP do not have reinvestment programs of their own therefore; the Plan offers you many more opportunities for reinvestmentDRIP at any time. You can reinvest whether your Eligible Securities are fully paid or you are using securities as loan collateral in a margin account. We First Clearing will reinvest all Eligible Monies into whole and fractional shares rounded to three decimal places. We can reinvest First Clearing does not intend to charge a transaction fee or other charge for participation in all or some the DRIP. Any changes to fees will be disclosed to you prior to being implemented and you will be provided with an opportunity to opt out of the DRIP without incurring such fee. There is no requirement to participate in the DRIP. You further understand that dividend reinvestment does not assure profits on any of your investments, nor does it protect against losses in declining markets. You can enroll some or all of your Eligible Securities in the DRIP. If you elect to reinvest all Eligible Monies, the DRIP will apply to all Eligible Securities held in your AccountAccount at the time of your election and all Eligible Securities subsequently purchased or deposited in your Account without further action on your part. If, in setting up your Account, If you have not elected to reinvest all future dividends, capital-gain distributions, Eligible Monies and return-of- capital Monies, you purchase or deposit an Eligible Security that you did not previously enroll in the DRP service will also apply to eligible future holdings as well as current holdings. No further action is required. But if you chose instead to reinvest only certain securities in your AccountDRIP, you will need to advise contact your Advisor whether financial professional or not call the telephone number listed on your account statement to reinvest each time you buy a new enroll that Eligible Security or deposit in the DRIP. First Clearing will determine reinvestment one into Business Day before Eligible Monies are credited to your Account. If you sell your entire position in an Eligible Security before Eligible Monies are credited (or, in the case of an optional dividend, if you have specifically chosen the cash option), First Clearing will not reinvest those Eligible Monies in that Eligible Security. You can make reinvestment decisions when entering good-till-canceled orders, terminate your participation in the DRIP or in anticipation change the enrollment of transferring securities to us from another firm. Reinvestment decisions can easily be changed any individual Eligible Security at any time by contacting your Advisor, who you authorize to instruct us to add financial professional or delete a specific stock or by calling the telephone number listed on your account statement. First Clearing must receive any change your standing account instructions. Any change must be received at least two days before the posting date of any Eligible Monies. Written First Clearing will not issue written confirmation of changes will not be issued; however, at any time, your Advisor will be able to tell you which of your securities are being reinvested through the DRP. Reinvestment will be determined based on your Account coding one business day before Eligible Monies are credited to your Accountparticipation in the DRIP. How First Clearing will notify you in advance of any material changes to the Plan Works: On terms of the day Eligible Monies are credited to your Account, they will be reinvested at DRIP or near the opening price discontinuation or suspension of each designated Eligible Securitythe DRIP (in whole or part). If multiple lots are necessary, an average price will be used. If an IRS Form W-9 is required and is not on file, or if your Account is, for any reason, subject to any other withholding requirements, reinvestment will occur for net eligible monies after deducting amounts withheld. First Clearing Firm will detail all DRP DRIP reinvestment activity on your monthly Account account statement, including including, but not limited to, the purchase price and number of shares purchased (including fractional shares), date of such transactions, and total number of shares of such securities in your Accountaccount. We will not provide you with written confirmation for dividend reinvestments. If you sell want the entire position of one of your Eligible Securities before Eligible Monies are credited (or, in the case of an optional dividend, if you have specifically chosen the cash option), we will not reinvest those Eligible Monies in that stock. You Can Sell Reinvested Shares of Your Eligible Securities: When you sell your entire whole- share position in any Eligible Security, any fractional share will be sold automatically. If your position is sold in multiple executions, the fraction will be sold at your first execution price. Your trade confirmation will reflect whole shares sold through the appropriate exchange or market. Your fractional share will appear on the same confirmation as being sold through our Fractional Share Facilitation Account, since fractional shares can’t be sold through regular methods. Use of our DRP does not guarantee you a profit or protect you against losses, it does allow you to take advantage of market fluctuations and invest fixed dollar amounts periodically, without paying commissions or fees. Terms and Conditions: • Clearing Firm reserves the right to suspend or delete an otherwise Eligible Security from dividend reinvestment at any timetransaction details prior to receiving your monthly account statement, without notice, in response to market conditionsyou may contact your financial professional or call the telephone number listed on your account statement. • Should you request registration of your whole shares or request their transfer to another firm, any fractional shares will be sold. • Each type of payment (dividends, return of capital, long-term capital gain) will be considered separately in determining minimums subject to reinvestment. • Voting privileges do If an IRS Form W-9 is required and is not exist on file, or if your account is, for any reason, subject to any other withholding requirements, reinvestment will occur for the net Eligible Monies after deducting amounts are withheld. On the day Eligible Monies are credited to your account, they will be reinvested at or near the opening price of each designated Eligible Security. If reinvestment occurs in multiple lots at different prices, you will be charged an average price for such reinvestment. Dividend reinvestments, stock splits, and other corporate actions may result in your account holding a position in a security consisting of fractional shares (e.g., 100.50 shares). Fractional shares of a security (other than a mutual fund) are generally nontransferable. Therefore, First Clearing will act in a principal or mixed capacity (i.e., both as agent and principal) when executing fractional share sell orders. The whole share portion of an order will be executed by First Clearing as agent in the market. The fractional share portion of any order will be executed by First Clearing as principal against its inventory account. When facilitating client fractional share sales on a principal basis, First Clearing may make a profit or incur a loss on each trade. The details of fractional share transactions will be reflected on your account statement. Fractional share sell orders are not eligible for primary listed exchange opening or closing cross participation, as fractions of shares are not marketable outside of First Clearing. Your eligibility to participate in corporate actions (including tender offers, proxy voting and other voluntary corporate actions) may be different for fractional shares than with whole shares. In some instances you may not be able to participate in some corporate actions or exercise voting rights for your fractional shares. • When selling fractional shares, you cannot be left solely with a fractional position. If you sell all your whole shares, any fractional shares will automatically append to the last whole share sell order. The price at which your fractional shares are liquidated will be determined by the price of any associated whole share execution. Fractional share sell orders, except for limit orders, will be executed at the then current National Best Bid or Offer (“NBBO”) or better. This price may be higher or lower than the price at the time you place your order. Limit orders are accepted for eligible sell orders, (i.e., limit orders are permitted for sell orders of a whole plus a fractional share). In addition, if the balance of shares of a security (other than a mutual fund) acquired via DRIP in your account is less than one share, you authorize First Clearing to liquidate the residual fractional share on a principal basis at the previous day's closing price for the security. If you are an “"affiliate” " or “"insider” " of any issuer, you may want to consult your personal legal advisor before participating in the DRP DRIP with respect to that issue. Clearing Firm reserves the right to modify the terms of the Plan, or discontinue or suspend it (in whole or in part) whenever conditions warrant, at any time, with or without notice.

Dividend Reinvestment Plan. The Dividend Reinvestment Plan (“DRP”, “the Planplan”) allows you to automatically reinvest any dividends, capital gains and return-of-capital income distributions (“Eligible Monies”) paid on shares we hold for you in additional shares of the same securities. The Equity Dividend Reinvestment options selected by the Customer Client are on the New Account Application. This service is available on most domestic listed New York Stock Exchange, American Stock Exchange and NASDAQ common stocks held in your Account in nominee name (“Eligible Securities”). Many stocks eligible through the DRP do not have reinvestment programs of their own therefore; the Plan offers you many more opportunities for reinvestment. You can reinvest whether your Eligible Securities are fully paid or you are using securities as loan collateral in a margin account. We will reinvest all Eligible Monies into whole and fractional shares rounded to three decimal places. We can reinvest in all or some of the Eligible Securities in your Account. If, in setting up your Account, you elected to reinvest all future dividends, capital-gain distributions, and return-of- capital Monies, the DRP service will also apply to eligible future holdings as well as current holdings. No further action is required. But if you chose instead to reinvest only certain securities in your Account, you will need to advise your Advisor RIA whether or not to reinvest each time you buy a new Eligible Security or deposit one into your Account. You can make reinvestment decisions when entering good-till-canceled orders, or in anticipation of transferring securities to us from another firm. Reinvestment decisions can easily be changed by contacting your Advisor, who you authorize to instruct us RIA to add or delete a specific stock or change your standing account instructions. Any change must be received at least two days before the posting date of any Eligible Monies. Written confirmation of changes will not be issued; however, at any time, your Advisor RIA will be able to tell you which of your securities are being reinvested through the DRP. Reinvestment will be determined based on your Account coding one business day before Eligible Monies are credited to your Account. How the Plan Works: On the day Eligible Monies are credited to your Account, they will be reinvested at or near the opening price of each designated Eligible Security. If multiple lots are necessary, an average price will be used. If an IRS Form W-9 is required and is not on file, or if your Account is, for any reason, subject to any other withholding requirements, reinvestment will occur for net eligible monies after deducting amounts withheld. Clearing Firm will detail all DRP reinvestment activity on your monthly Account account statement, including purchase price and number of shares purchased (including fractional shares), date of such transactions, and total number of shares of such securities in your Account. If you sell the entire position of one of your Eligible Securities before Eligible Monies are credited (or, in the case of an optional dividend, if you have specifically chosen the cash option), we will not reinvest those Eligible Monies in that stock. You Can Sell Reinvested Shares of Your Eligible Securities: When you sell your entire whole- share position in any Eligible Security, any fractional share will be sold automatically. If your position is sold in multiple executions, the fraction will be sold at your first execution price. Your trade confirmation will reflect whole shares sold through the appropriate exchange or market. Your fractional share will appear on the same confirmation as being sold through our Fractional Share Facilitation Account, since fractional shares can’t be sold through regular methods. Use of our DRP does not guarantee you a profit or protect you against losses, it does allow you to take advantage of market fluctuations and invest fixed dollar amounts periodically, without paying commissions or fees. Terms and Conditions: •  Clearing Firm reserves the right to suspend or delete an otherwise Eligible Security from dividend reinvestment at any time, without notice, in response to market conditions. •  Should you request registration of your whole shares or request their transfer to another firm, any fractional shares will be sold. •  Each type of payment (dividends, return of capital, long-term capital gain) will be considered separately in determining minimums determining.  Minimums subject to reinvestment. •  Voting privileges do not exist on fractional shares. •  If you are an “affiliate” or “insider” of any issuer, you may want to consult your personal legal advisor before participating in the DRP with respect to that issue. Clearing Firm reserves the right to modify the terms of the Plan, or discontinue or suspend it (in whole or in part) whenever conditions warrant, at any time, with or without notice.

Dividend Reinvestment Plan. The Dividend Reinvestment Plan (“DRP”, “the Planplan”) allows you to automatically reinvest any dividends, capital gains and return-of-capital income distributions (“Eligible Monies”) paid on shares we hold for you in additional shares of the same securities. The Equity Dividend Reinvestment options selected by the Customer Client are on the New Account Application. This service is available on most domestic listed New York Stock Exchange, American Stock Exchange and NASDAQ common stocks held in your Account in nominee name (“Eligible Securities”). Many stocks eligible through the DRP do not have reinvestment programs of their own therefore; the Plan offers you many more opportunities for reinvestment. You can reinvest whether your Eligible Securities are fully paid or you are using securities as loan collateral in a margin account. We will reinvest all Eligible Monies into whole and fractional shares rounded to three decimal places. We can reinvest in all or some of the Eligible Securities in your Account. If, in setting up your Account, you elected to reinvest all future dividends, capital-gain distributions, and return-of- capital Monies, the DRP service will also apply to eligible future holdings as well as current holdings. No further action is required. But if you chose instead to reinvest only certain securities in your Account, you will need to advise your Advisor RIA whether or not to reinvest each time you buy a new Eligible Security or deposit one into your Account. You can make reinvestment decisions when entering good-till-canceled orders, or in anticipation of transferring securities to us from another firm. Reinvestment decisions can easily be changed by contacting your Advisor, who you authorize to instruct us RIA to add or delete a specific stock or change your standing account instructions. Any change must be received at least two days before the posting date of any Eligible Monies. Written confirmation of changes will not be issued; however, at any time, your Advisor RIA will be able to tell you which of your securities are being reinvested through the DRP. Reinvestment will be determined based on your Account coding one business day before Eligible Monies are credited to your Account. How the Plan Works: On the day Eligible Monies are credited to your Account, they will be reinvested at or near the opening price of each designated Eligible Security. If multiple lots are necessary, an average price will be used. If an IRS Form W-9 is required and is not on file, or if your Account is, for any reason, subject to any other withholding requirements, reinvestment will occur for net eligible monies after deducting amounts withheld. Clearing Firm will detail all DRP reinvestment activity on your monthly Account account statement, including purchase price and number of shares purchased (including fractional shares), date of such transactions, and total number of shares of such securities in your Account. If you sell the entire position of one of your Eligible Securities before Eligible Monies are credited (or, in the case of an optional dividend, if you have specifically chosen the cash option), we will not reinvest those Eligible Monies in that stock. You Can Sell Reinvested Shares of Your Eligible Securities: When you sell your entire whole- share position in any Eligible Security, any fractional share will be sold automatically. If your position is sold in multiple executions, the fraction will be sold at your first execution price. Your trade confirmation will reflect whole shares sold through the appropriate exchange or market. Your fractional share will appear on the same confirmation as being sold through our Fractional Share Facilitation Account, since fractional shares can’t be sold through regular methods. Use of our DRP does not guarantee you a profit or protect you against losses, it does allow you to take advantage of market fluctuations and invest fixed dollar amounts periodically, without paying commissions or fees. Terms and Conditions: • Clearing Firm reserves the right to suspend or delete an otherwise Eligible Security from dividend reinvestment at any time, without notice, in response to market conditions. • Should you request registration of your whole shares or request their transfer to another firm, any fractional shares will be sold. • Each type of payment (dividends, return of capital, long-term capital gain) will be considered separately in determining minimums determining. • Minimums subject to reinvestment. • Voting privileges do not exist on fractional shares. • If you are an “affiliate” or “insider” of any issuer, you may want to consult your personal legal advisor before participating in the DRP with respect to that issue. Clearing Firm reserves the right to modify the terms of the Plan, or discontinue or suspend it (in whole or in part) whenever conditions warrant, at any time, with or without notice.

Dividend Reinvestment Plan. The Dividend Reinvestment Plan (“DRP”, “the Plan”DRIP) allows you to automatically reinvest any dividends, capital gains and return-of-capital income distributions (“Eligible Monies”) paid on shares we hold for you of eligible securities in additional shares of the same securities. The Equity Dividend Reinvestment options selected by the Customer are Most domestic common stocks listed on the New Account Application. This service is available on most domestic listed New York Stock Exchange, American Stock Exchange Inc. (NYSE) and NASDAQ common stocks held are eligible for the DRIP in your Account in nominee name accordance with applicable policies (“Eligible Securities”). Many stocks eligible through You may enroll in the DRP do not have reinvestment programs of their own therefore; the Plan offers you many more opportunities for reinvestmentDRIP at any time. You can reinvest whether your Eligible Securities are fully paid or you are using securities as loan collateral in a margin account. We First Clearing will reinvest all Eligible Monies into whole and fractional shares rounded to three decimal places. We can reinvest First Clearing does not intend to charge a transaction fee or other charge for participation in all or some the DRIP. Any changes to fees will be disclosed to you prior to being implemented and you will be provided with an opportunity to opt out of the DRIP without incurring such fee. There is no requirement to participate in the DRIP. You further understand that dividend reinvestment does not assure profits on any of your investments, nor does it protect against losses in declining markets. You can enroll some or all of your Eligible Securities in the DRIP. If you elect to reinvest all Eligible Monies, the DRIP will apply to all Eligible Securities held in your AccountAccount at the time of your election and all Eligible Securities subsequently purchased or deposited in your Account without further action on your part. If, in setting up your Account, If you have not elected to reinvest all future dividends, capital-gain distributions, Eligible Monies and return-of- capital Monies, you purchase or deposit an Eligible Security that you did not previously enroll in the DRP service will also apply to eligible future holdings as well as current holdings. No further action is required. But if you chose instead to reinvest only certain securities in your AccountDRIP, you will need to advise contact your Advisor whether financial professional or not call the telephone number listed on your account statement to reinvest each time you buy a new enroll that Eligible Security or deposit in the DRIP. First Clearing will determine reinvestment one into Business Day before Eligible Monies are credited to your Account. If you sell your entire position in an Eligible Security before Eligible Monies are credited (or, in the case of an optional dividend, if you have specifically chosen the cash option), First Clearing will not reinvest those Eligible Monies in that Eligible Security. You can make reinvestment decisions when entering good-till-canceled orders, terminate your participation in the DRIP or in anticipation change the enrollment of transferring securities to us from another firm. Reinvestment decisions can easily be changed any individual Eligible Security at any time by contacting your Advisor, who you authorize to instruct us to add financial professional or delete a specific stock or by calling the telephone listed on your account statement. First Clearing must receive any change your standing account instructions. Any change must be received at least two days before the posting date of any Eligible Monies. Written First Clearing will not issue written confirmation of changes will not be issued; however, at any time, your Advisor will be able to tell you which of your securities are being reinvested through the DRP. Reinvestment will be determined based on your Account coding one business day before Eligible Monies are credited to your Accountparticipation in the DRIP. How First Clearing will notify you in advance of any material changes to the Plan Works: On terms of the day Eligible Monies are credited to your Account, they will be reinvested at DRIP or near the opening price discontinuation or suspension of each designated Eligible Securitythe DRIP (in whole or part). If multiple lots are necessary, an average price will be used. If an IRS Form W-9 is required and is not on file, or if your Account is, for any reason, subject to any other withholding requirements, reinvestment will occur for net eligible monies after deducting amounts withheld. First Clearing Firm will detail all DRP DRIP reinvestment activity on your monthly Account account statement, including including, but not limited to, the purchase price and number of shares purchased (including fractional shares), date of such transactions, and total number of shares of such securities in your Accountaccount. We will not provide you with written confirmation for dividend reinvestments. If you sell want the entire position of one of your Eligible Securities before Eligible Monies are credited (or, in the case of an optional dividend, if you have specifically chosen the cash option), we will not reinvest those Eligible Monies in that stock. You Can Sell Reinvested Shares of Your Eligible Securities: When you sell your entire whole- share position in any Eligible Security, any fractional share will be sold automatically. If your position is sold in multiple executions, the fraction will be sold at your first execution price. Your trade confirmation will reflect whole shares sold through the appropriate exchange or market. Your fractional share will appear on the same confirmation as being sold through our Fractional Share Facilitation Account, since fractional shares can’t be sold through regular methods. Use of our DRP does not guarantee you a profit or protect you against losses, it does allow you to take advantage of market fluctuations and invest fixed dollar amounts periodically, without paying commissions or fees. Terms and Conditions: • Clearing Firm reserves the right to suspend or delete an otherwise Eligible Security from dividend reinvestment at any timetransaction details prior to receiving your monthly account statement, without notice, in response to market conditionsyou may contact your financial professional or call the telephone number listed on your account statement. • Should you request registration of your whole shares or request their transfer to another firm, any fractional shares will be sold. • Each type of payment (dividends, return of capital, long-term capital gain) will be considered separately in determining minimums subject to reinvestment. • Voting privileges do If an IRS Form W-9 is required and is not exist on file, or if your account is, for any reason, subject to any other withholding requirements, reinvestment will occur for the net Eligible Monies after deducting amounts are withheld. On the day Eligible Monies are credited to your account, they will be reinvested at or near the opening price of each designated Eligible Security. If reinvestment occurs in multiple lots at different prices, you will be charged an average price for such reinvestment. Dividend reinvestments, stock splits, and other corporate actions may result in your account holding a position in a security consisting of fractional shares (e.g., 100.50 shares). • Fractional shares of a security (other than a mutual fund) are generally nontransferable. Therefore, to accommodate a request by you to fully liquidate a position in a security (other than a mutual fund) or transfer the position or your account to another firm, First Clearing will liquidate the fractional share portion of the security on a principal basis (i.e., for its own account). In addition, if the balance of shares of a security (other than a mutual fund) in your account is less than one share, you authorize First Clearing to liquidate the residual fractional share on a principal basis. The price at which your fractional shares are liquidated will be determined by the price of any associated whole share execution or the previous day's closing price for the security. The details of fractional share transactions will be reflected on your account statement. If you are an “"affiliate” " or “"insider” " of any issuer, you may want to consult your personal legal advisor before participating in the DRP DRIP with respect to that issue. Clearing Firm reserves the right to modify the terms of the Plan, or discontinue or suspend it (in whole or in part) whenever conditions warrant, at any time, with or without notice.