Terms, Conditions and Signature. (s) I hereby establish this Xxxxxxxxx ESA Account for the benefit of the named Designated Beneficiary under the terms and conditions contained in this Xxxxxxxxx ESA Adoption Agreement and the Xxxxxxxxx ESA Custodial Agreement (which constitutes a binding agreement). I agree that the Xxxxxxxxx ESA Account becomes effective only upon written acceptance by the Custodian and that such written acceptance will consist of a confirmation of transaction statement. I agree that the Custodian may amend (add to, delete from or revise) any term of the Xxxxxxxxx ESA Custodial Agreement at any time by notice to me and that my sole remedy if I disagree with the amendment is to transfer funds in the Xxxxxxxxx ESA Account to another custodian. Each contribution to the Xxxxxxxxx ESA Account will be invested in accordance with the written instructions provided with respect to that contribution. In the event that this is a rollover contribution, the undersigned hereby irrevocably elects to treat the contribution as a rollover contribution. I acknowledge receiving and reading the following: (1) the Xxxxxxxxx ESA Adoption Agreement; the Xxxxxxxxx ESA Custodial Agreement; (iii) the Xxxxxxxxx ESA Summary Disclosure; and (iv) the Privacy Policy of the Custodian. I also acknowledge receiving and reading the current prospectus for each Mutual Fund that is an Eligible Investment that I have designated for investment. Custodial Fees: $15 annual maintenance fee per unique social security number. The annual maintenance fee may be paid by the Contributor or Responsible Individual at account opening or subsequently with respect to any calendar year. If the fee is not paid at account opening or if it is not paid by the date in a given calendar year that the Custodian sets for collection of the fee ("Fee Collection Date"), the Custodian is authorized to deduct the fee from the Custodial Account at the Fee Collection Date, or, if earlier in a given calendar year, the date the Custodial Account is closed. The Custodian reserves the right to change the custodial fee, but will give at least 30 days written notice to the Responsible Individual. The Custodian will keep records, identify and file returns and provide other information concerning the Custodial Account as required of custodians by any applicable provisions of the Code and IRS regulations. Pacific Funds will pay the fee on your behalf for accounts that: 1) elect the e-Delivery option or 2) have aggregated assets under the same Social S...
