Common use of Interest Charges Clause in Contracts

Interest Charges. Credit Purchases, Method “G”: Average Daily Balance (including New Purchases). An Interest Charge will be imposed on Credit Purchases only if you elect not to pay the entire New Balance of purchases shown on your monthly statement for the previous billing cycle within 25 days from the closing date of that statement. If you elect not to pay the entire New Balance of purchases shown on your previous monthly statement within that 25-day period, an Interest Charge will be imposed on the unpaid average daily balance of such Credit Purchases from the previous statement closing date and on new Credit Purchases from the date of posting to your account during the current billing cycle, and will continue to accrue until the closing date of the billing cycle preceding the date on which the entire New Balance of purchases is paid in full or until the date of payment if more than 25 days from the closing date. For Credit Purchases, the Interest Charge for a billing cycle is computed by applying the Monthly Periodic Rate to the average daily balance of Credit Purchases, which is determined by dividing the sum of the daily balances during the billing cycle by the number of days in the cycle. Each daily balance of Credit Purchases is determined by adding to the outstanding unpaid balance of Credit Purchases at the beginning of the billing cycle any new Credit Purchases posted to your account, and subtracting any payments as received and credits as posted to your account, but excluding any unpaid Interest Charges. Cash Advances and Balance Transfers, Method “A”: Average daily balance. The Interest Charge on cash advances begins to accrue on the date you obtain the cash advance or the first day of the billing cycle in which it is posted to your account, whichever is later. For Cash Advances, the Interest Charge for a billing cycle is computed by applying the Monthly Periodic Rate to the average daily balance, which is determined by dividing the sum of the daily balances during the billing cycle by the number of days in the cycle. Each daily balance is determined by adding to the Previous Balance (the outstanding balance of your account at the beginning of the billing cycle) any new Cash Advances received and any new Credit Purchases posted to your account, and subtracting any payments as received or credits as posted to your account but excluding any unpaid Interest Charges. The ANNUAL PERCENTAGE RATE will be assigned based on Your creditworthiness. The Interest Charge will be calculated using one of these ANNUAL PERCENTAGE RATES: (1) by multiplying the average daily balance on your Account by the Monthly Periodic Rate of .9916%, which is an ANNUAL PERCENTAGE RATE of 11.90%; or (2) by multiplying the average daily balance on your Account by the Monthly Periodic Rate of 1.1583%, which is an ANNUAL PERCENTAGE RATE of 13.90%; or (3) by multiplying the average daily balance on your Ac- count by the Monthly Periodic Rate of 1.325%, which is an ANNUAL PERCENTAGE RATE of 15.90%, or (4) by multiplying the average daily balance on your Account by the Monthly Periodic Rate of 1.4916%, which is an ANNUAL PERCENTAGE RATE of 17.9%. All interest rates and Interest Charge are subject to change. In the event of an increase in these rates or charges We will provide you at least the minimum notice required by law.

Interest Charges. Credit PurchasesApex will charge interest on a daily basis on the credit it extends to you. The rate of interest charged by Apex is set by us and can be found at xxxxx://xxx.xxxxxxxxx.xxx/content/en- us/pricing/marginrate. The daily interest charges are calculated by multiplying your "daily adjusted debit balance" by the "daily margin interest rate." Generally speaking, Method “G”: Average Daily Balance (including New Purchases)your daily adjusted debit balance is the actual settled debit balance in your Margin and Short Account, increased by the value of securities held short and reduced by the amount of any settled credit balance carried in your Cash Account. An Interest Charge will be imposed on Credit Purchases only if you elect not to pay the entire New Balance of purchases shown on your monthly statement for the previous billing cycle within 25 days from the closing date of that statement. If you elect not to pay the entire New Balance of purchases shown on Your daily-adjusted debit balance is calculated each day by adjusting your previous monthly statement within that 25-day period, an Interest Charge will be imposed on the unpaid average daily day's balance of such Credit Purchases from the previous statement closing date by any debits and on new Credit Purchases from the date of posting credits to your account during the current billing cycle, and will continue to accrue until the closing date of the billing cycle preceding the date on which the entire New Balance of purchases is paid in full or until the date of payment if more than 25 days from the closing date. For Credit Purchases, the Interest Charge for a billing cycle is computed by applying the Monthly Periodic Rate to the average daily balance of Credit Purchases, which is determined by dividing the sum of the daily balances during the billing cycle by the number of days changes in the cyclevalue of short positions. Each daily If your daily-adjusted debit balance of Credit Purchases is determined by adding reduced because you deposit a check or other item that is later returned to us unpaid, your account may be adjusted to reflect interest charges you have incurred. Apex reserves the outstanding unpaid balance of Credit Purchases at right to charge interest on debit balances in the beginning of Cash Account. Periodically, we or Apex will send you a comprehensive statement showing the billing cycle any new Credit Purchases posted to activity in your account, including applicable interest charges, interest rates and subtracting adjusted daily debit balances. Please read clearing firm, Apex Clearing Corporation’s Margin Disclosure Statement for additional margin information and credit terms & policies. MARGIN DISCLOSURE STATEMENT The applicable margin interest rate is the rate for all daily adjusted debit balances as communicated above. Your margin interest rate will be adjusted automatically and without notice to reflect any payments as received and credits as posted change in the base rate. If your interest rate increases for any reason other than a change in the base rate, we or Apex will give you written notice at least 30 days prior to your account, but excluding any unpaid that change. Compounding Interest Charges. Cash Advances and Balance Transfers, Method “A”: Average daily Interest compounds on a monthly basis. Interest charges will accrue to your account each month. Apex will include the charges in the next day's opening debit balance. The Interest Charge interest rates described above do not reflect compounding of unpaid interest charges; the effective interest rate, taking into effect such compounding, will be higher. Initial Margin Requirements. The Federal Reserve Board and various stock exchanges determine margin loan rules and regulations. When you purchase securities on cash advances begins margin, you agree to accrue on deposit the required initial equity by the settlement date you obtain and to maintain your equity at the cash advance or the first day required levels. The maximum amount we currently may loan for common stock (equity) securities is 50% of the billing cycle value of marginable securities purchased in which your Margin and Short Account; different requirements apply to non-equity securities, such as bonds or options. If the market value of stock held as collateral increases after you have met the initial margin requirements, your available credit may increase proportionately. Conversely, if the market value decreases, your available credit may proportionately decrease. Initial margin requirements may change without prior notice. Apex may impose anytime and without prior notice more stringent requirements on positions that in its sole discretion involve higher levels of risk; for example, higher limits may apply for thinly traded, speculative or volatile securities, or concentrated positions of securities. You may purchase only certain securities on margin or use them as collateral in your Margin and Short Account. Most stocks traded on national securities exchanges, and some over-the-counter (OTC) securities are marginable. At Apex’s discretion, it is posted reserves the right not to your account, whichever is laterextend credit on any security. For Cash AdvancesEquity securities with a market value of less than $3 per share may not be purchased on margin or deposited as margin collateral. If the market value of a security drops below $3 per share, the Interest Charge for a billing cycle is computed by applying the Monthly Periodic Rate to the average daily balance, which is determined by dividing the sum of the daily balances during the billing cycle by the number of days in the cycle. Each daily balance is determined by adding to the Previous Balance (the outstanding balance of your account at the beginning of the billing cycle) any new Cash Advances received and any new Credit Purchases posted to your account, and subtracting any payments as received or credits as posted to your account but excluding any unpaid Interest Charges. The ANNUAL PERCENTAGE RATE security will not be assigned based on Your creditworthiness. The Interest Charge will be calculated using one of these ANNUAL PERCENTAGE RATES: (1) by multiplying the average daily balance on any value as collateral to secure your Account by the Monthly Periodic Rate of .9916%, which is an ANNUAL PERCENTAGE RATE of 11.90%; or (2) by multiplying the average daily balance on your Account by the Monthly Periodic Rate of 1.1583%, which is an ANNUAL PERCENTAGE RATE of 13.90%; or (3) by multiplying the average daily balance on your Ac- count by the Monthly Periodic Rate of 1.325%, which is an ANNUAL PERCENTAGE RATE of 15.90%, or (4) by multiplying the average daily balance on your Account by the Monthly Periodic Rate of 1.4916%, which is an ANNUAL PERCENTAGE RATE of 17.9%. All interest rates and Interest Charge are subject to change. In the event of an increase in these rates or charges We will provide you at least the minimum notice required by lawmargin obligations.

Interest Charges. Credit PurchasesWe will charge interest on a daily basis on the credit we extend to you. The daily interest charges are calculated by multiplying your "daily adjusted debit balance" by the "daily margin interest rate." Generally speaking, Method “G”: Average Daily Balance (including New Purchases)your daily adjusted debit balance is the actual settled debit balance in your Margin a nd Short Account, i ncreased by the value of securities held short a nd reduced by the amount of a ny settled credit balance ca rried in your Cash Account. An Interest Charge will be imposed on Credit Purchases only if you elect not to pay the entire New Balance of purchases shown on We calculate your monthly statement for the previous billing cycle within 25 days from the closing date of that statement. If you elect not to pay the entire New Balance of purchases shown on daily-adjusted debit balance each day by adjusting your previous monthly statement within that 25-day period, an Interest Charge will be imposed on the unpaid average daily day's balance of such Credit Purchases from the previous statement closing date by any debits and on new Credit Purchases from the date of posting credits to your account during and by changes in the current billing cyclevalue of short positions. If your daily-adjusted debit balance is reduced because you deposit a check or other item that is later returned to us unpaid, we may adjust your account to reflect interest charges you have incurred. We reserve the right to charge interest on debit balances in the Cash Account. Periodically, we will send you a comprehensive statement showing the activity in your account, including applicable interest charges, interest rates and will continue to accrue until the closing date of the billing cycle preceding the date adjusted daily debit balances. 69406P-UIMD 07/13/2018 Daily Margin Interest Rate. The "daily margin interest rate" is based on which the entire New Balance of purchases a 360-day year. It is paid in full or until the date of payment if more than 25 days from the closing date. For Credit Purchases, the Interest Charge calculated for a billing cycle is computed by applying the Monthly Periodic Rate to the average daily balance of Credit Purchases, which is determined each day by dividing the sum base margin interest ra te by 360. Note that the use of a 360-day year results in a higher effective rate of interest than if a year of 365 days were used. The applicable margin interest rate is the daily balances during the billing cycle by the number of days base rate for a xx xxxxx adjusted debit balances. Your margin interest rate will be adjusted automatically and without notice to reflect any change in the cycleBase Rate. Each daily balance of Credit Purchases is determined by adding If your interest rate increases for any reason other than a change in the Base Rate, we will give you wri tten notice at least 30 days' prior to the outstanding unpaid balance of Credit Purchases at the beginning of the billing cycle any new Credit Purchases posted to your account, and subtracting any payments as received and credits as posted to your account, but excluding any unpaid that change. Compounding Interest Charges. Cash Advances and Balance Transfers, Method “A”: Average We compound i nterest on a daily balancebasis. The Interest Charge on cash advances begins to charges will accrue on the date you obtain the cash advance or the first day of the billing cycle in which it is posted to your account, whichever is later. For Cash Advances, the Interest Charge for a billing cycle is computed by applying the Monthly Periodic Rate to the average daily balance, which is determined by dividing the sum of the daily balances during the billing cycle by the number of days in the cycle. Each daily balance is determined by adding to the Previous Balance (the outstanding balance of your account at the beginning of the billing cycle) any new Cash Advances received and any new Credit Purchases posted to your account, and subtracting any payments as received or credits as posted to your account but excluding any unpaid Interest Chargeseach day. We will include the charges in the next day's opening debit balance and charge interest accordingly. The ANNUAL PERCENTAGE RATE i nterest rates descri bed a xxxx do not reflect compounding of unpaid interest charges; the effective interest rate, taking into effect such compounding, will be assigned based on Your creditworthinesshigher. Initial Margin Requirements. The Interest Charge will be calculated using one of these ANNUAL PERCENTAGE RATES: (1) by multiplying Federal Reserve Board and various stock exchanges determine margin loan rules a nd regulations. When you purchase securities on margin, you agree to deposit the average daily balance on your Account required initial equity by the Monthly Periodic Rate settlement date and to maintain your e quity at the required levels. The maximum amount we currently may loan for common stock (equity) securities is 50% of .9916%the value of marginable securities purchased in your Margin and Short Account; different requirements apply to non-equity securities, which is an ANNUAL PERCENTAGE RATE such as bonds or options. If the market value of 11.90%stock held as collateral increases after you have met the initial margin requirements, your available credit may increase proportionately. Conversely, if the market value decreases, your available credit may proportionately decrease. Initial margin requirements may change without prior notice. We may impose a nytime and without prior notice more stringent requirements on positions that in our sole discretion involve higher levels of ri sk; for example, higher limits may apply for thinly traded, speculative or (2) by multiplying the average daily balance on your Account by the Monthly Periodic Rate of 1.1583%, which is an ANNUAL PERCENTAGE RATE of 13.90%; or (3) by multiplying the average daily balance on your Ac- count by the Monthly Periodic Rate of 1.325%, which is an ANNUAL PERCENTAGE RATE of 15.90%volatile securities, or concentrated positions of securities. You may purchase only certain securities on margin or use them as collateral in your Margin and Short Account. Most stocks traded on national securities exchanges, and some over-the-counter (4OTC) by multiplying securities are marginable. At our discretion, we reserve the average daily balance right not to extend credit on any security. Equity securities with a market value of less than $3 per share may not be purchased on margin or deposited as margin collateral. If the market value of a security drops below $3 per share, the security will not be assigned any value as collateral to secure your Account by the Monthly Periodic Rate of 1.4916%, which is an ANNUAL PERCENTAGE RATE of 17.9%. All interest rates and Interest Charge are subject to change. In the event of an increase in these rates or charges We will provide you at least the minimum notice required by lawmargin obligations.

Interest Charges. Credit Holder shall pay “Interest Charges” on Holder’s Account as shown on Holder’s Statements, for each Billing Period in which there is a Cash Advance, Balance Transfer or a previous balance listed on the Previous Statement (the “Previous Balance”) which is not paid in full prior to the Statement Closing Date. For Cash Advance and Balance Transfer fees, please see the Rates and Fees Disclosure Table. We figure the Interest Charges on your Account by applying the applicable monthly Periodic Rate as provided in the Rates and Fees Disclosure Table, to the entire “Balance Subject to Interest Rate” for each of the categories of Purchases, Method Balance Transfers and Cash Advances (collectively the “GCategories”: Average Daily ). The additional charge for Cash Advances shall not apply to any Cash Advance obtained under a separate credit agreement with Holder and written in connection with these regulations. The “Balance Subject to Interest Rate” is the “average daily balance” of each of the Categories of the Account (including New new Purchases). An Interest Charge will be imposed on Credit Purchases only if you elect not to pay To get the entire New Balance of purchases shown on your monthly statement for the previous billing cycle within 25 days from the closing date of that statement. If you elect not to pay the entire New Balance of purchases shown on your previous monthly statement within that 25-day period, an Interest Charge will be imposed on the unpaid “average daily balance,” we take the beginning balance of such Credit Purchases from the previous statement closing date and on new Credit Purchases from the date of posting to your account during the current billing cycle, and will continue to accrue until the closing date each of the billing cycle preceding Categories of the date on which the entire New Balance of purchases is paid in full or until the date of payment if more than 25 days from the closing date. For Credit Account each day, add any new Cash Advances, Purchases, Balance Transfers and other charges to each of the requisite Categories, subtract any payments or credits and add any unpaid late charges, unpaid membership fees and unpaid Interest Charge for a billing cycle is computed by applying Charges to each of the Monthly Periodic Rate to requisite Categories. This gives us the average daily balance for each of Credit Purchasesthe Categories. Then, which is determined by dividing the sum we add up all of the daily balances during for the billing cycle Billing Period and divide the total by the number of days in the cycleBilling Period. Each daily balance This gives us the “Average Daily Balance” for each of Credit the Categories. Interest Charges for Purchases begin on the date the Purchase is determined by adding posted to the outstanding unpaid balance of Credit Account unless the Previous Balance shown on the Statement is paid in full prior to the Statement Closing Date. Purchases at made during the beginning Billing Period and the Previous Balance will be excluded from the calculation of the billing cycle any new Credit Purchases posted to your account, and subtracting any payments as received and credits as posted to your account, but excluding any unpaid Interest Charges. Cash Advances and Balance Transfers, Method “A”: Average average daily balance” if the Previous Balance shown on the front of the Statement was paid in full prior to the Statement Closing Date. The Interest Charge on cash advances begins to accrue Charges for Cash Advances begin on the date you obtain the cash advance or the first day of the billing cycle in which it Cash Advance is posted to your account, whichever is laterthe Account. For Cash Advances, Holder may avoid additional Interest Charges on an Account by paying in full the New Balance shown on the Account’s Statement within 25 days after the Closing Date for that Statement. Billed and unpaid Interest Charge for a billing cycle is computed by applying the Monthly Periodic Rate to Charges and additional fees will be included in the average daily balance, which is determined by dividing the sum of the daily balances during the billing cycle by the number of days in the cycle. Each daily balance is determined by adding to the Previous Balance (the outstanding balance of and as such, will accrue interest and reduce your account at the beginning of the billing cycle) any new Cash Advances received and any new Credit Purchases posted to your account, and subtracting any payments as received or credits as posted to your account but excluding any unpaid Interest Charges. The ANNUAL PERCENTAGE RATE will be assigned based on Your creditworthiness. The Interest Charge will be calculated using one of these ANNUAL PERCENTAGE RATES: (1) by multiplying the average daily balance on your Account by the Monthly Periodic Rate of .9916%, which is an ANNUAL PERCENTAGE RATE of 11.90%; or (2) by multiplying the average daily balance on your Account by the Monthly Periodic Rate of 1.1583%, which is an ANNUAL PERCENTAGE RATE of 13.90%; or (3) by multiplying the average daily balance on your Ac- count by the Monthly Periodic Rate of 1.325%, which is an ANNUAL PERCENTAGE RATE of 15.90%, or (4) by multiplying the average daily balance on your Account by the Monthly Periodic Rate of 1.4916%, which is an ANNUAL PERCENTAGE RATE of 17.9%. All interest rates and Interest Charge are subject to change. In the event of an increase in these rates or charges We will provide you at least the minimum notice required by lawLimit.

Interest Charges. Credit PurchasesApex Clearing will charge interest on a daily basis on the credit extended to you. The daily interest charges are calculated by multiplying your "daily adjusted debit balance" by the "daily margin interest rate." Generally speaking, Method “G”: Average Daily Balance (including New Purchases)your daily adjusted debit balance is the actual settled debit balance in your Margin and Short Account, increased by the value of securities held short and reduced by the amount of any settled credit balance carried in your Cash Account. An Interest Charge will be imposed on Credit Purchases only if you elect not to pay the entire New Balance of purchases shown on Apex Clearing calculates your monthly statement for the previous billing cycle within 25 days from the closing date of that statement. If you elect not to pay the entire New Balance of purchases shown on daily-adjusted debit balance each day by adjusting your previous monthly statement within that 25-day period, an Interest Charge will be imposed on the unpaid average daily day's balance of such Credit Purchases from the previous statement closing date by any debits and on new Credit Purchases from the date of posting credits to your account during and by changes in the current billing cyclevalue of short positions. If your daily-adjusted debit balance is reduced because you deposit a check or other item that is later returned to Apex Clearing unpaid, Apex Clearing may adjust your account to reflect interest charges you have incurred. Apex Clearing reserves the right to charge interest on debit balances in the Cash Account. Periodically, Apex Clearing will send you a comprehensive statement showing the activity in your account, including applicable interest charges, interest rates and adjusted daily debit balances. Daily Margin Interest Rate The "daily margin interest rate" is based on a 360-day year. It is calculated for each day by dividing the applicable margin interest rate shown in the table below by 360. Note that the use of a 360-day year results in a higher effective rate of interest than if a year of 365 days were used. Apex Clearing sets the Base Rate at its discretion with reference to commercially recognized interest rates, industry conditions relating to the extension of margin credit and general credit market conditions. Your margin interest rate will be adjusted automatically and without notice to reflect any change in the Base Rate. If your interest rate increases for any reason other than a change in the Base Rate, Apex Clearing will give you written notice at least 30 days prior to that change. Compounding Interest Charges Apex Clearing compounds interest on a daily basis. Interest charges will accrue to your account each day. Apex Clearing will include the charges in the next day's opening debit balance and charge interest accordingly. The interest rates described above do not reflect compounding of unpaid interest charges; the effective interest rate, taking into effect such compounding, will be higher. Initial Margin Requirements The Federal Reserve Board and various stock exchanges determine margin loan rules and regulations. When you purchase securities on margin, you agree to depos it the required initial equity by the settlement date and to maintain your equity at the required levels. The maximum amount Apex Clearing currently may loan for common stock (equity) securities is 50% of the value of marginable securities purchased in your Margin and Short Account; different requirements apply to nonequity securities, such as bonds or options. If the market value of stock held as collateral increases after you have met the initial margin requirements, your available credit may increase proportionately. Conversely, if the market value decreases, your available credit may proportionately decrease. Initial margin requirements may change without prior notice. Apex Clearing may impose anytime and without prior notice more stringent requirements on positions that in our sole discretion involve higher levels of risk; for example, higher limits may apply for thinly traded, speculative or volatile securities, or concentrated positions of securities. You may purchase only certain securities on margin or use them as collateral in your Margin and Short Account. Most stocks traded on national securities exchanges, and some over-the-counter (OTC) securities are marginable. At our discretion, Apex Clearing reserves the right not to extend credit on any security. Equity securities with a market value of less than $3 per share may not be purchased on margin or deposited as margin collateral. If the market value of a security drops below $3.00 per share, the security will continue not be assigned any value as collateral to accrue until secure your margin obligations. Margin Maintenance Requirements You must maintain a minimum amount of equity in your account to collateralize your outstanding loans and other obligations. Margin maintenance requirements are set: ▪ By the closing date rules and regulations of the billing cycle preceding the date on which the entire New Balance of purchases is paid in full or until the date of payment if more than 25 days from the closing date. For Credit PurchasesYork Stock Exchange, the Interest Charge for a billing cycle is computed by applying the Monthly Periodic Rate American Stock Exchange, and other regulatory agencies to the average daily balance jurisdiction of which Apex Clearing are subject; and ▪ According to our sole discretion and judgment You agree to maintain in your Margin and Short Account collateral of the type and amount required by: ▪ Applicable exchange rules and federal regulations ▪ Our Disclosure of Credit PurchasesTerms and Policies; or ▪ As required by Apex Clearing, which at Apex Clearing’s discretion Margin maintenance requirements may change without prior notice. Apex Clearing may issue a "margin call" (that is, a notification to deposit additional collateral) if your account equity falls below the margin maintenance requirement. This can happen for various reasons. The most common reasons are a decrease in the value of long securities held as collateral or an increase in the value of securities held short. As a general guideline and when it is determined by dividing practicable to do so, Apex Clearing may (but is not required to) issue a margin call when the equity in your Margin and Short Account falls below a predetermined percentage of the market value of assets at risk (that is, the sum of the daily balances during market values of the billing cycle by long and short equity security positions) in your Margin and Short Account. The amount of additional collateral Apex Clearing requires usually is an amount sufficient to raise your equity to minimum standards. For information on the number current equity requirements, please contact Apex. Apex Clearing retains absolute discretion to determine whether, when and in what amounts Apex Clearing will require additional collateral. In some situations, Apex Clearing may find it necessary to require a higher level of days equity in your account. For example, Apex Clearing may require additional collateral if an account contains: ▪ Only one security or a large concentration of one or more securities; or ▪ Low-priced, thinly traded, or volatile securities; or if ▪ Some of your collateral is or becomes restricted or non-negotiable or non- marginable Apex Clearing also may consider market conditions and your financial resources. CUSTOMER ACCOUNT AGREEMENT This Customer Account Agreement (the cycle“Agreement”) sets forth the respective rights and obligations of Apex Clearing Corporation (“you” or “your” or “Apex”) and the Customer’s (as defined below) brokerage firm (the “Introducing Broker”), and the customer(s) identified on the New Account Application (the “Customer”) in connection with the Customer’s brokerage account with the Introducing Broker (“the Account”). Each daily balance of Credit Purchases is determined by adding The Customer hereby agrees as follows with respect to the outstanding unpaid balance Account, which the Customer has established with the Introducing Broker for the purchase, sale or carrying of Credit Purchases at securities or contracts relating thereto and/or the beginning borrowing of funds, which transactions are cleared through you. To help the billing cycle any new Credit Purchases posted government fight the funding of terrorism and money laundering, Federal law requires all financial institutions to your obtain, verify, and record information that identifies each person who opens an account. In order to open an account, and subtracting any payments as received and credits as posted the Customer will provide information that will allow you to your accountidentify the Customer including, but excluding any unpaid Interest Charges. Cash Advances and Balance Transfers, Method “A”: Average daily balance. The Interest Charge on cash advances begins to accrue on the date you obtain the cash advance or the first day of the billing cycle in which it is posted to your account, whichever is later. For Cash Advancesnot limited to, the Interest Charge for a billing cycle is computed by applying the Monthly Periodic Rate to the average daily balanceCustomer’s name, which is determined by dividing the sum address, date of the daily balances during the billing cycle by the number of days in the cycle. Each daily balance is determined by adding to the Previous Balance (the outstanding balance of your account at the beginning of the billing cycle) any new Cash Advances received and any new Credit Purchases posted to your accountbirth, and subtracting any payments as received the Customer’s driver’s license or credits as posted to your account but excluding any unpaid Interest Charges. The ANNUAL PERCENTAGE RATE will be assigned based on Your creditworthiness. The Interest Charge will be calculated using one of these ANNUAL PERCENTAGE RATES: (1) by multiplying the average daily balance on your Account by the Monthly Periodic Rate of .9916%, which is an ANNUAL PERCENTAGE RATE of 11.90%; or (2) by multiplying the average daily balance on your Account by the Monthly Periodic Rate of 1.1583%, which is an ANNUAL PERCENTAGE RATE of 13.90%; or (3) by multiplying the average daily balance on your Ac- count by the Monthly Periodic Rate of 1.325%, which is an ANNUAL PERCENTAGE RATE of 15.90%, or (4) by multiplying the average daily balance on your Account by the Monthly Periodic Rate of 1.4916%, which is an ANNUAL PERCENTAGE RATE of 17.9%. All interest rates and Interest Charge are subject to change. In the event of an increase in these rates or charges We will provide you at least the minimum notice required by lawother identifying documents.

Interest Charges. Credit Purchases, Method “G”: Average Daily Balance (including New Purchases). An Interest Charge charges for purchases and cash advances will be imposed on Credit Purchases only if you elect not begin to pay the entire New Balance of purchases shown on your monthly statement for the previous billing cycle within 25 days from the closing date of that statement. If you elect not to pay the entire New Balance of purchases shown on your previous monthly statement within that 25-day period, an Interest Charge will be imposed on the unpaid average daily balance of such Credit Purchases from the previous statement closing date and on new Credit Purchases accrue from the date of posting the transaction is added to your account during the current billing cycledaily balance, as described below, and will continue to accrue until payment in full is credited to your account. In order to be eligible for a grace period and to avoid paying additional interest charges on purchases, you must pay the closing total New Balance listed on the last billing statement by the payment due date on that statement. We will calculate interest charges as follows • We figure a portion of the interest charge on your account by multiplying the daily balance on each feature (e.g., standard purchases and standard advances) by the applicable daily periodic rate and separately adding together any such interest charges for each feature for each day in the billing cycle preceding period. • For interest charge calculation purposes, the billing period begins on the day after the Statement/Closing Date of the previous billing period and includes the Statement/Closing Date of the current billing period. The number of days in the billing period may vary. • To get the daily balance, we take the beginning balance for each feature every day (which may include unpaid interest charges from previous billing periods), add any new transactions, any new fees, and any interest charge on the previous day’s balance, subtract any credits or payments credited as of that day, and make other adjustments. A credit balance is treated as a balance of zero. • We add a new purchase to the appropriate purchase balance as of the Transaction date shown on your billing statement. • We add a new cash advance to the appropriate purchase or advance balance as of the Post date shown on your billing statement. The Post date is the date we receive your request for the cash advance. The Balance Subject to Interest Rate on which the entire New Balance of purchases is paid in full or until billing statement are the date of payment if more than 25 days from the closing date. For Credit Purchases, the Interest Charge for a billing cycle is computed by applying the Monthly Periodic Rate to the average daily balance of Credit Purchases, which is determined by dividing the sum averages of the respective daily balances during the billing cycle period. If you multiply this figure for each feature by the number of days in the cyclebilling period and by the applicable daily periodic rate, the result will be the periodic rate interest charges assessed for that feature, except for minor variations caused by rounding. Each This method of calculating the balance subject to interest charge and the periodic rate interest charges results in daily balance compounding of Credit Purchases is determined by adding to the outstanding unpaid balance interest charges. Transaction Fee for Club Cash® Advances You have obtained a cash advance for which we assess a cash advance transaction fee if you obtain funds from an automated teller machine (ATM), through home banking, or through a financial institution; make a wire transfer; acquire a money order, traveler’s check, lottery ticket, betting or casino chip, or similar item; or engage in another similar transaction. For each cash advance, we add an additional charge of Credit Purchases at the beginning 4.0% of the billing cycle any new Credit Purchases posted to your accountadvance, and subtracting any payments as received and credits as posted Minimum Interest Charge If interest charges based on periodic rates are being added to your account, but excluding any unpaid Interest Charges. Cash Advances the total of such interest charges for purchases and Balance Transfers, Method “A”: Average daily balance. The Interest Charge on cash advances begins to accrue on is less than $.50, we assess a minimum INTEREST CHARGE, of $.50. We add the date you obtain the cash advance or the first day of the billing cycle in which it is posted to your account, whichever is later. For Cash Advances, the Interest Charge for a billing cycle is computed by applying the Monthly Periodic Rate amount to the average daily balancefeature that is being assessed an interest charge. If more than one feature is assessed an interest charge, which is determined by dividing the sum of the daily balances during the billing cycle by the number of days in the cycle. Each daily balance is determined by adding to the Previous Balance (the outstanding balance of your account at the beginning of the billing cycle) any new Cash Advances received and any new Credit Purchases posted to your account, and subtracting any payments as received or credits as posted to your account but excluding any unpaid Interest Charges. The ANNUAL PERCENTAGE RATE will be assigned based on Your creditworthiness. The Interest Charge will be calculated using one of these ANNUAL PERCENTAGE RATES: (1) by multiplying the average daily balance on your Account by the Monthly Periodic Rate of .9916%, which is an ANNUAL PERCENTAGE RATE of 11.90%; or (2) by multiplying the average daily balance on your Account by the Monthly Periodic Rate of 1.1583%, which is an ANNUAL PERCENTAGE RATE of 13.90%; or (3) by multiplying the average daily balance on your Ac- count by the Monthly Periodic Rate of 1.325%, which is an ANNUAL PERCENTAGE RATE of 15.90%, or (4) by multiplying the average daily balance on your Account by the Monthly Periodic Rate of 1.4916%, which is an ANNUAL PERCENTAGE RATE of 17.9%. All interest rates and Interest Charge are subject to change. In the event of an increase in these rates or charges We will provide you at least we may add the minimum notice required by lawinterest charge to any such feature at our discretion.

Interest Charges. Credit PurchasesApex will charge interest on a daily basis on the credit it extends to you. The rate of interest charged by Apex is set by us and can be found at xxxxx://xxxxxxxxxxxx.xxx/welcome/public/commissions.aspx or xxxxx://xxxxxxxxxx.xxx/Account/Commissions.aspx. The daily interest charges are calculated by multiplying your "daily adjusted debit balance" by the "daily margin interest rate." Generally speaking, Method “G”: Average Daily Balance (including New Purchases)your daily adjusted debit balance is the actual settled debit balance in your Margin and Short Account, increased by the value of securities held short and reduced by the amount of any settled credit balance carried in your Cash Account. An Interest Charge will be imposed on Credit Purchases only if you elect not to pay the entire New Balance of purchases shown on your monthly statement for the previous billing cycle within 25 days from the closing date of that statement. If you elect not to pay the entire New Balance of purchases shown on Your daily-adjusted debit balance is calculated each day by adjusting your previous monthly statement within that 25-day period, an Interest Charge will be imposed on the unpaid average daily day's balance of such Credit Purchases from the previous statement closing date by any debits and on new Credit Purchases from the date of posting credits to your account during and by changes in the current billing cyclevalue of short positions. If your daily-adjusted debit balance is reduced because you deposit a check or other item that is later returned to us unpaid, your account may be adjusted to reflect interest charges you have incurred. Apex reserves the right to charge interest on debit balances in the Cash Account. Periodically, we or Apex will send you a comprehensive statement showing the activity in your account, including applicable interest charges, interest rates and will continue to accrue until the closing date of the billing cycle preceding the date adjusted daily debit balances. Daily Margin Interest Rate. The "daily margin interest rate" is based on which the entire New Balance of purchases a 360-day year. It is paid in full or until the date of payment if more than 25 days from the closing date. For Credit Purchases, the Interest Charge calculated for a billing cycle is computed by applying the Monthly Periodic Rate to the average daily balance of Credit Purchases, which is determined each day by dividing the sum base margin interest rate by 360. Note that the use of a 360-day year results in a higher effective rate of interest than if a year of 365 days were used. The applicable margin interest rate is the base rate for all daily adjusted debit balances during the billing cycle by the number of days as communicated above. Your margin interest rate will be adjusted automatically and without notice to reflect any change in the cyclebase rate. Each daily balance of Credit Purchases is determined by adding If your interest rate increases for any reason other than a change in the base rate, we or Apex will give you written notice at least 30 days prior to the outstanding unpaid balance of Credit Purchases at the beginning of the billing cycle any new Credit Purchases posted to your account, and subtracting any payments as received and credits as posted to your account, but excluding any unpaid that change. Compounding Interest Charges. Cash Advances and Balance Transfers, Method “A”: Average Interest compounds on a daily balancebasis. The Interest Charge on cash advances begins to charges will accrue on the date you obtain the cash advance or the first day of the billing cycle in which it is posted to your account, whichever is later. For Cash Advances, the Interest Charge for a billing cycle is computed by applying the Monthly Periodic Rate to the average daily balance, which is determined by dividing the sum of the daily balances during the billing cycle by the number of days in the cycle. Each daily balance is determined by adding to the Previous Balance (the outstanding balance of your account at the beginning of the billing cycle) any new Cash Advances received and any new Credit Purchases posted to your account, and subtracting any payments as received or credits as posted to your account but excluding any unpaid Interest Chargeseach day. Apex will include the charges in the next day's opening debit balance and charge interest accordingly. The ANNUAL PERCENTAGE RATE interest rates described above do not reflect compounding of unpaid interest charges; the effective interest rate, taking into effect such compounding, will be assigned based on Your creditworthinesshigher. Initial Margin Requirements. The Interest Charge will be calculated using one of these ANNUAL PERCENTAGE RATES: (1) by multiplying Federal Reserve Board and various stock exchanges determine margin loan rules and regulations. When you purchase securities on margin, you agree to deposit the average daily balance on your Account required initial equity by the Monthly Periodic Rate settlement date and to maintain your equity at the required levels. The maximum amount we currently may loan for common stock (equity) securities is 50% of .9916%the value of marginable securities purchased in your Margin and Short Account; different requirements apply to non- equity securities, which is an ANNUAL PERCENTAGE RATE such as bonds or options. If the market value of 11.90%stock held as collateral increases after you have met the initial margin requirements, your available credit may increase proportionately. Conversely, if the market value decreases, your available credit may proportionately decrease. Initial margin requirements may change without prior notice. Apex may impose anytime and without prior notice more stringent requirements on positions that in its sole discretion involve higher levels of risk; for example, higher limits may apply for thinly traded, speculative or (2) by multiplying the average daily balance on your Account by the Monthly Periodic Rate of 1.1583%, which is an ANNUAL PERCENTAGE RATE of 13.90%; or (3) by multiplying the average daily balance on your Ac- count by the Monthly Periodic Rate of 1.325%, which is an ANNUAL PERCENTAGE RATE of 15.90%volatile securities, or concentrated positions of securities. You may purchase only certain securities on margin or use them as collateral in your Margin and Short Account. Most stocks traded on national securities exchanges, and some over-the-counter (4OTC) by multiplying securities are marginable. At Apex’s discretion, it reserves the average daily balance right not to extend credit on any security. Equity securities with a market value of less than $3 per share may not be purchased on margin or deposited as margin collateral. If the market value of a security drops below $3 per share, the security will not be assigned any value as collateral to secure your Account by the Monthly Periodic Rate of 1.4916%, which is an ANNUAL PERCENTAGE RATE of 17.9%. All interest rates and Interest Charge are subject to change. In the event of an increase in these rates or charges We will provide you at least the minimum notice required by lawmargin obligations.

Interest Charges. Credit Interest charges are a finance charge added to your Account when we apply the applicable Annual Percentage Rate (APR) to your balances on your account. We figure the interest charge on your account by applying the periodic rate to the “average daily balance” of your account. We calculate interest separately for each Balance Subject to Interest Rate. These include for example, Purchases at the current rate, Cash Advances at the current rate and Balance Transfers at the current rate. Your monthly billing statement shows each Balance Subject to Interest Rate. To calculate interest, we first calculate an “average daily balance” for each Balance Subject to Interest Rate, as described herein. Purchases: To get the “average daily balance” of Purchases, Method “G”: Average Daily Balance (including New we take the beginning balance of Purchases of your account each day, add any new Purchases), and subtract any unpaid interest or other finance charges and any payments or credits. An Interest Charge will be imposed on Credit Purchases only if you elect not to pay This gives us the entire New Balance of purchases shown on your monthly statement for the previous billing cycle within 25 days from the closing date of that statement. If you elect not to pay the entire New Balance of purchases shown on your previous monthly statement within that 25-day period, an Interest Charge will be imposed on the unpaid average daily balance of such Credit Purchases from for Purchases. Then, we add up all the previous statement closing date and on new Credit Purchases from the date of posting to your account during the current billing cycle, and will continue to accrue until the closing date of daily balances for the billing cycle preceding and divide the date on which the entire New Balance of purchases is paid in full or until the date of payment if more than 25 days from the closing date. For Credit Purchases, the Interest Charge for a billing cycle is computed by applying the Monthly Periodic Rate to the average daily balance of Credit Purchases, which is determined by dividing the sum of the daily balances during the billing cycle total by the number of days in the billing cycle. Each This gives us the “average daily balance” of Purchases. Cash Advances: To get the “average daily balance” of Cash Advances, we take the beginning balance of Cash Advances of your account each day, add any new Cash Advances, and subtract any unpaid interest or other finance charges and any payments or credits. This gives us the daily balance of Credit Purchases is determined by adding to for Cash Advances. Then, we add up all the outstanding unpaid balance of Credit Purchases at the beginning of daily balances for the billing cycle any new Credit Purchases posted to your account, and subtracting any payments as received and credits as posted to your account, but excluding any unpaid Interest Charges. Cash Advances and Balance Transfers, Method “A”: Average daily balance. The Interest Charge on cash advances begins to accrue on divide the date you obtain the cash advance or the first day of the billing cycle in which it is posted to your account, whichever is later. For Cash Advances, the Interest Charge for a billing cycle is computed by applying the Monthly Periodic Rate to the average daily balance, which is determined by dividing the sum of the daily balances during the billing cycle total by the number of days in the billing cycle. Each This gives us the “average daily balance” of Cash Advances. Balance Transfers: To get the “average daily balance” of Balance Transfers, we take the beginning balance is determined by adding to the Previous of Balance (the outstanding balance Transfers of your account at each day, add any new Balance Transfers, and subtract any unpaid interest or other finance charges and any payments or credits. This gives us the beginning daily balance for Balance Transfers. Then, we add up all the daily balances for the billing cycle and divide the total by the number of days in the billing cycle) any new Cash Advances received and any new Credit Purchases posted to your account, and subtracting any payments as received or credits as posted to your account but excluding any unpaid Interest Charges. The ANNUAL PERCENTAGE RATE will be assigned based on Your creditworthiness. The Interest Charge will be calculated using one of these ANNUAL PERCENTAGE RATES: (1) by multiplying This gives us the “average daily balance on your Account by the Monthly Periodic Rate balance” of .9916%, which is an ANNUAL PERCENTAGE RATE of 11.90%; or (2) by multiplying the average daily balance on your Account by the Monthly Periodic Rate of 1.1583%, which is an ANNUAL PERCENTAGE RATE of 13.90%; or (3) by multiplying the average daily balance on your Ac- count by the Monthly Periodic Rate of 1.325%, which is an ANNUAL PERCENTAGE RATE of 15.90%, or (4) by multiplying the average daily balance on your Account by the Monthly Periodic Rate of 1.4916%, which is an ANNUAL PERCENTAGE RATE of 17.9%Balance Transfers. All interest rates and Interest Charge are subject to change. In the event of an increase in these rates or charges We will provide you at least the minimum notice required by law13.

Interest Charges. Credit PurchasesApex will accrue interest on a daily basis on the credit it extends to you. The rate of interest charged by Apex is set by us and can be found at xxxxx://xxxxxxxxxxxx.xxx/welcome/public/commissions.aspx or xxxxx://xxxxxxxxxx.xxx/Account/Commissions.aspx. The daily interest accruals are calculated by multiplying your "daily adjusted debit balance" by the "daily margin interest rate." Generally speaking, Method “G”: Average Daily Balance (including New Purchases)your daily adjusted debit balance is the actual settled debit balance in your Margin and Short Account, increased by the value of securities held short and reduced by the amount of any settled credit balance carried in your Cash Account. An Interest Charge will be imposed on Credit Purchases only if you elect not to pay the entire New Balance of purchases shown on your monthly statement for the previous billing cycle within 25 days from the closing date of that statement. If you elect not to pay the entire New Balance of purchases shown on Your daily-adjusted debit balance is calculated each day by adjusting your previous monthly statement within that 25-day period, an Interest Charge will be imposed on the unpaid average daily day's balance of such Credit Purchases from the previous statement closing date by any debits and on new Credit Purchases from the date of posting credits to your account during and by changes in the current billing cyclevalue of short positions. If your daily-adjusted debit balance is reduced because you deposit a check or other item that is later returned to us unpaid, your account may be adjusted to reflect interest charges you have incurred. Apex reserves the right to charge interest on debit balances in the Cash Account. Periodically, we or Apex will send you a comprehensive statement showing the activity in your account, including applicable interest charges, interest rates and will continue to accrue until the closing date of the billing cycle preceding the date adjusted daily debit balances. 05/07/2020 Daily Margin Interest Rate. The "daily margin interest rate" is based on which the entire New Balance of purchases a 360-day year. It is paid in full or until the date of payment if more than 25 days from the closing date. For Credit Purchases, the Interest Charge calculated for a billing cycle is computed by applying the Monthly Periodic Rate to the average daily balance of Credit Purchases, which is determined each day by dividing the sum base margin interest rate by 360. Note that the use of a 360-day year results in a higher effective rate of interest than if a year of 365 days were used. The applicable margin interest rate is the rate for all daily adjusted debit balances during the billing cycle by the number of days as communicated above. Your margin interest rate will be adjusted automatically and without notice to reflect any change in the cyclebase rate. Each daily balance of Credit Purchases is determined by adding If your interest rate increases for any reason other than a change in the base rate, we or Apex will give you written notice at least 30 days' prior to the outstanding unpaid balance of Credit Purchases at the beginning of the billing cycle any new Credit Purchases posted to your account, and subtracting any payments as received and credits as posted to your account, but excluding any unpaid that change. Compounding Interest Charges. Cash Advances and Balance Transfers, Method “A”: Average daily Interest compounds on a monthly basis. Interest charges will accrue to your account each month. Apex will include the charges in the next day's opening debit balance. The Interest Charge interest rates described above do not reflect compounding of unpaid interest charges; the effective interest rate, taking into effect such compounding, will be higher. Initial Margin Requirements. The Federal Reserve Board and various stock exchanges determine margin loan rules and regulations. When you purchase securities on cash advances begins margin, you agree to accrue on deposit the required initial equity by the settlement date you obtain and to maintain your equity at the cash advance or the first day required levels. The maximum amount we currently may loan for common stock (equity) securities is 50% of the billing cycle value of marginable securities purchased in which your Margin and Short Account; different requirements apply to non-equity securities, such as bonds or options. If the market value of stock held as collateral increases after you have met the initial margin requirements, your available credit may increase proportionately. Conversely, if the market value decreases, your available credit may proportionately decrease. Initial margin requirements may change without prior notice. Apex may impose anytime and without prior notice more stringent requirements on positions that in its sole discretion involve higher levels of risk; for example, higher limits may apply for thinly traded, speculative or volatile securities, or concentrated positions of securities. You may purchase only certain securities on margin or use them as collateral in your Margin and Short Account. Most stocks traded on national securities exchanges, and some over-the-counter (OTC) securities are marginable. At Apex’s discretion, it is posted reserves the right not to your account, whichever is laterextend credit on any security. For Cash AdvancesEquity securities with a market value of less than $3 per share may not be purchased on margin or deposited as margin collateral. If the market value of a security drops below $3 per share, the Interest Charge for a billing cycle is computed by applying the Monthly Periodic Rate to the average daily balance, which is determined by dividing the sum of the daily balances during the billing cycle by the number of days in the cycle. Each daily balance is determined by adding to the Previous Balance (the outstanding balance of your account at the beginning of the billing cycle) any new Cash Advances received and any new Credit Purchases posted to your account, and subtracting any payments as received or credits as posted to your account but excluding any unpaid Interest Charges. The ANNUAL PERCENTAGE RATE security will not be assigned based on Your creditworthiness. The Interest Charge will be calculated using one of these ANNUAL PERCENTAGE RATES: (1) by multiplying the average daily balance on any value as collateral to secure your Account by the Monthly Periodic Rate of .9916%, which is an ANNUAL PERCENTAGE RATE of 11.90%; or (2) by multiplying the average daily balance on your Account by the Monthly Periodic Rate of 1.1583%, which is an ANNUAL PERCENTAGE RATE of 13.90%; or (3) by multiplying the average daily balance on your Ac- count by the Monthly Periodic Rate of 1.325%, which is an ANNUAL PERCENTAGE RATE of 15.90%, or (4) by multiplying the average daily balance on your Account by the Monthly Periodic Rate of 1.4916%, which is an ANNUAL PERCENTAGE RATE of 17.9%. All interest rates and Interest Charge are subject to change. In the event of an increase in these rates or charges We will provide you at least the minimum notice required by lawmargin obligations.

Interest Charges. Credit Purchases, Method The Daily Periodic Rates (“GDPRs”: Average Daily Balance ) and Annual Percentage Rates (including New Purchases). An Interest Charge will be imposed on Credit Purchases only if you elect not to pay the entire New Balance of purchases “APRs”) for your Account are shown on your monthly statement for the previous billing cycle within 25 days from the closing date of that statement. If you elect not to pay the entire New Balance of purchases shown on your previous monthly statement within that 25-day period, an Interest Charge will be imposed Account Summary Table on the unpaid card carrier. We use the average daily balance method (including new transactions) to calculate the interest owed on your Account for each billing cycle: • We first figure out the average daily balance for each type of such Credit transaction. By type of transaction, we mean Purchases, Cash Advances, Balance Transfers and any transaction subject to a promotional offer. If any portion of a Purchases from balance received a Grace Period, that amount is not included in this calculation. • To get the average daily balance for each type of transaction, we take the beginning balance for that transaction-type, which will include any unpaid balance on those transactions and any unpaid interest on those transactions. • To the beginning balance, we add: * An amount equal to the applicable DPR multiplied by the previous statement day’s closing date daily balance, and on * Any new Credit Purchases from transactions, applicable fees or other debits. Then we subtract any payments or credits. This gives us the date of posting to your account daily balance. If any daily balance is less than zero we treat it as zero. • Next, we add up all the daily balances for that transaction-type during the current billing cycle, and will continue to accrue until the closing date of the billing cycle preceding the date on which the entire New Balance of purchases is paid in full or until the date of payment if more than 25 days from the closing date. For Credit Purchases, the Interest Charge for a billing cycle is computed by applying the Monthly Periodic Rate to the average daily balance of Credit Purchases, which is determined by dividing the sum of the daily balances during the billing cycle then divide this total by the number of days in the billing cycle. Each This gives us the average daily balance. This method of calculating the average daily balance results in charging interest on unpaid interest (also known as compounding) and fees. • We multiply the average daily balance by the applicable DPR, and then we multiply the resulting amount by the number of Credit Purchases is determined by adding to the outstanding unpaid balance of Credit Purchases at the beginning of days in the billing cycle to determine the amount of interest owed for that type of transaction. • After calculating the amount of interest owed for each type of transaction, we add together these amounts to determine the total amount of interest owed on your Account for the billing cycle. If any new Credit Purchases posted interest charge is due, we will charge you at least the Minimum Interest Charge shown on the Account Summary Table. We add transactions and fees to your account, daily balance (and subtracting any payments as received and credits as posted to your account, but excluding any unpaid Interest Charges. Cash Advances and Balance Transfers, Method “A”they may begin accruing interest) no earlier than: Average daily balance. The Interest Charge • For new Purchases – on cash advances begins to accrue on the its transaction date you obtain the cash advance or the first day of the billing cycle in which it cycle, whichever is later. • For new Balance Transfers and Cash Advances – the transaction date. For Access Checks and Balance Transfers made by check, the transaction date is the date the check is first deposited or cashed. For Balance Transfers made electronically, the transaction date is the date we transmit the Balance Transfer to your other creditor. • For a Returned Payment – the date that the corresponding payment posted to your Account. • Fees – either on the date of a related transaction, the date they are posted to your account, whichever is later. For Cash Advances, or the Interest Charge for a billing cycle is computed by applying the Monthly Periodic Rate to the average daily balance, which is determined by dividing the sum of the daily balances during the billing cycle by the number of days in the cycle. Each daily balance is determined by adding to the Previous Balance (the outstanding balance of your account at the beginning last day of the billing cycle) any new Cash Advances received and any new Credit Purchases posted to , whichever we may choose. Your Responsibility for the Account These sections describe how certain conditions may or may not affect your account, and subtracting any payments as received or credits as posted to your account but excluding any unpaid Interest Charges. The ANNUAL PERCENTAGE RATE will be assigned based on Your creditworthiness. The Interest Charge will be calculated using one of these ANNUAL PERCENTAGE RATES: (1) by multiplying responsibility for the average daily balance on your Account by the Monthly Periodic Rate of .9916%, which is an ANNUAL PERCENTAGE RATE of 11.90%; or (2) by multiplying the average daily balance on your Account by the Monthly Periodic Rate of 1.1583%, which is an ANNUAL PERCENTAGE RATE of 13.90%; or (3) by multiplying the average daily balance on your Ac- count by the Monthly Periodic Rate of 1.325%, which is an ANNUAL PERCENTAGE RATE of 15.90%, or (4) by multiplying the average daily balance on your Account by the Monthly Periodic Rate of 1.4916%, which is an ANNUAL PERCENTAGE RATE of 17.9%. All interest rates and Interest Charge are subject to change. In the event of an increase in these rates or charges We will provide you at least the minimum notice required by lawAccount.

Interest Charges. Credit Purchases, Method “G”: Average Daily Balance (including New Purchases)Your due date is 25 days after the close of each billing cycle. An Interest Charge We will be imposed not charge you any interest on Credit Purchases only purchases if you elect not to pay your entire balance by the entire New Balance of purchases due date each month. We will begin charging interest on cash advances and balance transfers on the transaction date. Holder shall pay Interest Charges as shown on your Holder’s monthly statement statements, for each billing period in which there is a cash advance, or the previous billing cycle within 25 days from Previous Balance is not paid in full prior to the closing date of that statement. If you elect not to pay the entire New Balance of purchases shown on your previous monthly statement within that 25-day period, an Interest Charge will be imposed on the unpaid average daily balance of such Credit Purchases from the previous statement closing date and on new Credit Purchases from the date of posting to your account during the current billing cycle, and will continue to accrue until the closing date Closing Date of the billing cycle preceding the date on which the entire New Balance of purchases is paid in full or until the date of payment if more than 25 days from the closing datestatement. For Credit Purchases, Issuer determines the Interest Charge for a billing cycle is computed Charges on Holder’s account by applying the Monthly monthly Periodic Rate to the average daily entire “Balance Subject to Interest Rate.” The “Balance Subject to Interest Rate” is the Average Daily Balance, of the account (including current transaction). To get the Average Daily Balance, Issuer starts with the beginning balance of Credit Purchasesthe account each day, which is determined by dividing add any new cash advances, credit purchases and other charges, and subtract any payments or credits, unpaid late charges, unpaid fees and unpaid Interest Charges. This gives the sum Issuer the daily balance. Then, the Issuer adds up all of the daily balances during for the billing cycle and divides the total by the number of days in the billing cycle. Each daily balance of Credit Purchases This gives the Issuer the “AVERAGE DAILY BALANCE.” Interest Charges for credit purchases begin on the date the purchase is determined by adding posted to the outstanding unpaid balance of Credit Purchases at account unless the beginning Previous Balance shown on the statement is paid in full prior to the Closing Date of the billing cycle any new statement. Credit Purchases posted purchases made during the statement period and the Previous Balance will be excluded from the calculation of the Average Daily Balance if the Previous Balance shown on the front of the statement was paid in full prior to your account, and subtracting any payments as received and credits as posted to your account, but excluding any unpaid Interest Charges. Cash Advances and Balance Transfers, Method “A”: Average daily balancethe Closing Date of the statement. The Interest Charge on Charges for cash advances begins to accrue begin on the date you obtain the cash advance or the first day of the billing cycle in which it is posted to your the account, whichever is later. For Cash Advances, Holder may avoid additional Interest Charges on an account by paying in full the Interest Charge New Balance shown on the account’s monthly statement within 25 days after the Closing Date for a billing cycle is computed by applying the Monthly Periodic Rate to the average daily balance, which is determined by dividing the sum of the daily balances during the billing cycle by the number of days in the cycle. Each daily balance is determined by adding to the Previous Balance (the outstanding balance of your account at the beginning of the billing cycle) any new Cash Advances received and any new Credit Purchases posted to your account, and subtracting any payments as received or credits as posted to your account but excluding any unpaid Interest Charges. The ANNUAL PERCENTAGE RATE will be assigned based on Your creditworthiness. The Interest Charge will be calculated using one of these ANNUAL PERCENTAGE RATES: (1) by multiplying the average daily balance on your Account by the Monthly Periodic Rate of .9916%, which is an ANNUAL PERCENTAGE RATE of 11.90%; or (2) by multiplying the average daily balance on your Account by the Monthly Periodic Rate of 1.1583%, which is an ANNUAL PERCENTAGE RATE of 13.90%; or (3) by multiplying the average daily balance on your Ac- count by the Monthly Periodic Rate of 1.325%, which is an ANNUAL PERCENTAGE RATE of 15.90%, or (4) by multiplying the average daily balance on your Account by the Monthly Periodic Rate of 1.4916%, which is an ANNUAL PERCENTAGE RATE of 17.9%. All interest rates and Interest Charge are subject to change. In the event of an increase in these rates or charges We will provide you at least the minimum notice required by lawthat statement.

Interest Charges. Credit PurchasesWe will charge interest on a daily basis on the credit we extend to you. The daily interest charges are calculated by multiplying your "daily adjusted debit balance" by the "daily margin interest rate." Generally speaking, Method “G”: Average Daily Balance (including New Purchases)your daily adjusted debit balance is the actual settled debit balance in your Margin and Short Account, increased by the value of securities held short and reduced by the amount of any settled credit balance carried in your Cash Account. An Interest Charge will be imposed on Credit Purchases only if you elect not to pay the entire New Balance of purchases shown on We calculate your monthly statement for the previous billing cycle within 25 days from the closing date of that statement. If you elect not to pay the entire New Balance of purchases shown on daily-adjusted debit balance each day by adjusting your previous monthly statement within that 25-day period, an Interest Charge will be imposed on the unpaid average daily day's balance of such Credit Purchases from the previous statement closing date by any debits and on new Credit Purchases from the date of posting credits to your account during and by changes in the current billing cyclevalue of short positions. If your daily-adjusted debit balance is reduced because you deposit a check or other item that is later returned to us unpaid, we may adjust your account to reflect interest charges you have incurred. We reserve the right to charge interest on debit balances in the Cash Account. Periodically, we will send you a comprehensive statement showing the activity in your account, including applicable interest charges, interest rates and will continue to accrue until the closing date of the billing cycle preceding the date adjusted daily debit balances. Daily Margin Interest Rate. The "daily margin interest rate" is based on which the entire New Balance of purchases a 360-day year. It is paid in full or until the date of payment if more than 25 days from the closing date. For Credit Purchases, the Interest Charge calculated for a billing cycle is computed by applying the Monthly Periodic Rate to the average daily balance of Credit Purchases, which is determined each day by dividing the sum base margin interest rate by 360. Note that the use of a 360-day year results in a higher effective rate of interest than if a year of 365 days were used. The applicable margin interest rate is the base rate for all daily balances during the billing cycle by the number of days adjusted debit balances. Your margin interest rate will be adjusted automatically and without notice to reflect any change in the cycleBase Rate. Each daily balance of Credit Purchases is determined by adding If your interest rate increases for any reason other than a change in the Base Rate, we will give you written notice at least 30 days' prior to the outstanding unpaid balance of Credit Purchases at the beginning of the billing cycle any new Credit Purchases posted to your account, and subtracting any payments as received and credits as posted to your account, but excluding any unpaid that change. Compounding Interest Charges. Cash Advances and Balance Transfers, Method “A”: Average We compound interest on a daily balancebasis. The Interest Charge on cash advances begins to charges will accrue on the date you obtain the cash advance or the first day of the billing cycle in which it is posted to your account, whichever is later. For Cash Advances, the Interest Charge for a billing cycle is computed by applying the Monthly Periodic Rate to the average daily balance, which is determined by dividing the sum of the daily balances during the billing cycle by the number of days in the cycle. Each daily balance is determined by adding to the Previous Balance (the outstanding balance of your account at the beginning of the billing cycle) any new Cash Advances received and any new Credit Purchases posted to your account, and subtracting any payments as received or credits as posted to your account but excluding any unpaid Interest Chargeseach day. We will include the charges in the next day's opening debit balance and charge interest accordingly. The ANNUAL PERCENTAGE RATE interest rates described above do not reflect compounding of unpaid interest charges; the effective interest rate, taking into effect such compounding, will be assigned based on Your creditworthinesshigher. Initial Margin Requirements. The Interest Charge will be calculated using one of these ANNUAL PERCENTAGE RATES: (1) by multiplying Federal Reserve Board and various stock exchanges determine margin loan rules and regulations. When you purchase securities on margin, you agree to deposit the average daily balance on your Account required initial equity by the Monthly Periodic Rate settlement date and to maintain your equity at the required levels. The maximum amount we currently may loan for common stock (equity) securities is 50% of .9916%the value of marginable securities purchased in your Margin and Short Account; different requirements apply to non- equity securities, which is an ANNUAL PERCENTAGE RATE such as bonds or options. If the market value of 11.90%stock held as collateral increases after you have met the initial margin requirements, your available credit may increase proportionately. Conversely, if the market value decreases, your available credit may proportionately decrease. Initial margin requirements may change without prior notice. We may impose anytime and without prior notice more stringent requirements on positions that in our sole discretion involve higher levels of risk; for example, higher limits may apply for thinly traded, speculative or (2) by multiplying the average daily balance on your Account by the Monthly Periodic Rate of 1.1583%, which is an ANNUAL PERCENTAGE RATE of 13.90%; or (3) by multiplying the average daily balance on your Ac- count by the Monthly Periodic Rate of 1.325%, which is an ANNUAL PERCENTAGE RATE of 15.90%volatile securities, or concentrated positions of securities. You may purchase only certain securities on margin or use them as collateral in your Margin and Short Account. Most stocks traded on national securities exchanges, and some over-the-counter (4OTC) by multiplying securities are marginable. At our discretion, we reserve the average daily balance right not to extend credit on any security. Equity securities with a market value of less than $3 per share may not be purchased on margin or deposited as margin collateral. If the market value of a security drops below $3 per share, the security will not be assigned any value as collateral to secure your Account by the Monthly Periodic Rate of 1.4916%, which is an ANNUAL PERCENTAGE RATE of 17.9%. All interest rates and Interest Charge are subject to change. In the event of an increase in these rates or charges We will provide you at least the minimum notice required by lawmargin obligations.

Interest Charges. Credit Purchases, Method “G”: Average Daily Balance (including New Purchases). An Interest Charge charges for purchases and cash advances will be imposed on Credit Purchases only if you elect not begin to pay the entire New Balance of purchases shown on your monthly statement for the previous billing cycle within 25 days from the closing date of that statement. If you elect not to pay the entire New Balance of purchases shown on your previous monthly statement within that 25-day period, an Interest Charge will be imposed on the unpaid average daily balance of such Credit Purchases from the previous statement closing date and on new Credit Purchases accrue from the date of posting the transaction is added to your account during the current billing cycledaily balance, as described below, and will continue to accrue until payment in full is credited to your account. In order to be eligible for a grace period and to avoid paying additional interest charges on purchases, you must pay the closing total New Balance listed on the last billing statement by the payment due date on that statement. We will calculate interest charges as follows • We figure a portion of the interest charge on your account by multiplying the daily balance on each feature (e.g., standard purchases and standard advances) by the applicable daily periodic rate and separately adding together any such interest charges for each feature for each day in the billing cycle preceding period. • For interest charge calculation purposes, the billing period begins on the day after the Statement/Closing Date of the previous billing period and includes the Statement/Closing Date of the current billing period. The number of days in the billing period may vary. • To get the daily balance, we take the beginning balance for each feature every day (which may include unpaid interest charges from previous billing periods), add any new transactions, any new fees, and any interest charge on the previous day’s balance, subtract any credits or payments credited as of that day, and make other adjustments. A credit balance is treated as a balance of zero. • We add a new purchase to the appropriate purchase balance as of the Transaction date shown on your billing statement. • We add a new cash advance to the appropriate purchase or advance balance as of the Post date shown on your billing statement. The Post date is the date we receive your request for the cash advance. The Balance Subject to Interest Rate on which the entire New Balance of purchases is paid in full or until billing statement are the date of payment if more than 25 days from the closing date. For Credit Purchases, the Interest Charge for a billing cycle is computed by applying the Monthly Periodic Rate to the average daily balance of Credit Purchases, which is determined by dividing the sum averages of the respective daily balances during the billing cycle period. If you multiply this figure for each feature by the number of days in the cyclebilling period and by the applicable daily periodic rate, the result will be the periodic rate interest charges assessed for that feature, except for minor variations caused by rounding. Each This method of calculating the balance subject to interest charge and the periodic rate interest charges results in daily balance compounding of Credit Purchases is determined by adding to interest charges. Transaction Fee for Club Cash® Advances You have obtained a cash advance for which we assess a cash advance transaction fee if you obtain funds from an automated teller machine (ATM), through home banking, or through a financial institution; make a wire transfer; acquire a money order, traveler’s check, lottery ticket, betting or casino chip, or similar item; or engage in another similar transaction. For each cash advance, we may add an additional fee in the outstanding unpaid balance of Credit Purchases at the beginning amount printed in Facts About Interest and Fees. The amount of the billing cycle any new Credit Purchases posted to your account, and subtracting any payments as received and credits as posted cash advance may include a surcharge that the ATM owner imposes. Minimum Interest Charge If interest charges based on periodic rates are being added to your account, but excluding any unpaid Interest Charges. Cash Advances the total of such interest charges for purchases and Balance Transfers, Method “A”: Average daily balance. The Interest Charge on cash advances begins to accrue on is less than $.50, we assess a minimum INTEREST CHARGE, of $.50. We add the date you obtain the cash advance or the first day of the billing cycle in which it is posted to your account, whichever is later. For Cash Advances, the Interest Charge for a billing cycle is computed by applying the Monthly Periodic Rate amount to the average daily balancefeature that is being assessed an interest charge. If more than one feature is assessed an interest charge, which is determined by dividing the sum of the daily balances during the billing cycle by the number of days in the cycle. Each daily balance is determined by adding to the Previous Balance (the outstanding balance of your account at the beginning of the billing cycle) any new Cash Advances received and any new Credit Purchases posted to your account, and subtracting any payments as received or credits as posted to your account but excluding any unpaid Interest Charges. The ANNUAL PERCENTAGE RATE will be assigned based on Your creditworthiness. The Interest Charge will be calculated using one of these ANNUAL PERCENTAGE RATES: (1) by multiplying the average daily balance on your Account by the Monthly Periodic Rate of .9916%, which is an ANNUAL PERCENTAGE RATE of 11.90%; or (2) by multiplying the average daily balance on your Account by the Monthly Periodic Rate of 1.1583%, which is an ANNUAL PERCENTAGE RATE of 13.90%; or (3) by multiplying the average daily balance on your Ac- count by the Monthly Periodic Rate of 1.325%, which is an ANNUAL PERCENTAGE RATE of 15.90%, or (4) by multiplying the average daily balance on your Account by the Monthly Periodic Rate of 1.4916%, which is an ANNUAL PERCENTAGE RATE of 17.9%. All interest rates and Interest Charge are subject to change. In the event of an increase in these rates or charges We will provide you at least we may add the minimum notice required by lawinterest charge to any such feature at our discretion.