Portfolio Connection Brokerage Account - Union Bank

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v. Statements/Confirmations I agree to promptly examine all statements and confirmations sent to me in connection with my Portfolio Connection Brokerage Account. I will notify Investment Services and NFS of any errors, inaccuracies or discrepancies to information reported to me within 10 days after you make the statement available to me and within 5 days after you make a confirmation available to me. Otherwise, such information will be deemed approved by me. I will direct inquiries or concerns regarding my Portfolio Connection Brokerage Account or the activity therein to the Investment Services toll-free number within the U.S. at 1-800-634-1100, from outside the U.S. by calling 1-213-236-7919, by using the address on the Portfolio Connection Brokerage Account Application, or to NFS, which carries my Portfolio Connection Brokerage Account and acts as my custodian for funds and securities deposited with NFS by me through Investment Services, or as a result of transactions NFS processes for my Portfolio Connection Brokerage Account. NFS may be contacted by calling 1-800-801-9942. I agree to confirm any oral communication regarding inaccuracies or discrepancies in writing. When contacting either Investment Services or NFS, I will provide my complete Portfolio Connection Brokerage Account number. You may request that I provide such documentation as may be necessary to substantiate my claim. I may request a confirmation for any transaction effected on my behalf, and such confirmation shall be sent within the time prescribed by law. The market values, ratings and prices reported on statements represent the prices, ratings and values provided to Investment Services, the Bank’s affiliates and NFS by third-party quotation services which are generally recognized as industry experts and believed to be reliable. Investment Services, NFS and the Bank do not guarantee the accuracy of such values, ratings and prices. The actual price at which securities may be bought and sold may be significantly different from those shown on the statement. vi. Statement Householding Unless I object, statement householding is an automatic service which links and consolidates all statements for my brokerage accounts, including Portfolio Connection, which meet certain criteria and sends these statements to me in one envelope. My brokerage accounts must meet the following criteria: 1) They have the same exact address in our records; 2) they all have the same registration code group (i.e., individual, joint, etc.); 3) the same Tax Identification Number (TIN) is used for all accounts; and 4) the same last name is associated with each TIN. For Uniform Gift to Minors Act (UGMA) and Uniform Transfers to Minors Act (UTMA) accounts, there is an exception to the exact TIN matching criteria. For these accounts, the Custodian’s TIN is used for matching purposes, rather than the minor’s TIN. The consolidated envelope will contain a statement for each account in the household relationship, as well as a Consolidated Summary of Accounts page. If any account holder changes an address on any account in the household, then the account will be excluded from both the consolidated envelope and the Consolidated Summary of Accounts page. 10 UBC2871b_02022-A_1110_PortCon_AA_r2a.indd 10 10/24/11 10:06 AM
If the above criteria are not met, but I would still like to receive my statements in one envelope, I will contact Investment Services to request a statement householding form. vii. Use of Nominees You shall have the right to hold all registered securities and other property in the name of NFS or its nominee. viii. Use of Institutional Delivery System Notwithstanding any other provisions in this Agreement, I understand and agree that you may settle all securities and other property transactions effected by me through the use of an institutional delivery system. You may deliver or receive securities and other property in accordance with appropriate trade reports or statements received through an institutional delivery system in accordance with normal industry practices. ix. Collection Obligations You shall collect income and principal of which you have received actual notice in accordance with normal industry practices. You shall collect the income when paid and the principal when paid on maturity, redemption and sale or otherwise. You shall be under no obligation or duty to take any action to effect collection of any amount of which you have not received actual notice nor shall you have any obligation to effect collection if the securities or other property upon which such amount is payable is in default, or if payment is delayed or refused after due demand provided however, you shall have no duty to make such demands. You shall credit any such payments according to the payment instructions I provide. x. Non-Personal Transactions or Instruction Requests To protect my account from unauthorized access, I acknowledge that you will accept transaction or instruction requests not made in person only if you can reasonably determine my identity. You may require me to use passwords or personal identification numbers (PINs). You may contact me by telephone, or use another means to authenticate my identity and validate my request. Unless I have made special arrangements with you, you have no obligation to act upon instructions I give you via facsimile transmission, text message, email or leave by voicemail or on a telephone answering machine. Notwithstanding the foregoing, I authorize you to act on telephone, electronic, telex, wire, written, fax and any other instructions you believe in good faith that I have authorized. For our mutual protection, I authorize you to monitor and record any telephone conversation without further reminding me of the monitoring and recording. An intermittent telephone beep tone constitutes notification that the phone call may be monitored and recorded, and that continued communication shall be deemed consent by me to a monitoring and recordation of the conversation. 11 UBC2871b_02022-A_1110_PortCon_AA_r2a.indd 11 10/24/11 10:06 AM
Page 1 and 2: Effective January 1, 2012 Portfolio
Page 3 and 4: Table of Contents 1. GENERAL DISCLO
Page 5 and 6: Portfolio Connection Agreement Inve
Page 7 and 8: the relationship I have with person
Page 9 and 10: margin. The Bank or its affiliates
Page 11 and 12: Account. I will be responsible for
Page 13: Trading Profits: ●● Seeks to ta
Page 17 and 18: earn dividends, if any, as describe
Page 19 and 20: ●● ●● ●● ●● Receive
Page 21 and 22: If I designate securities on an acc
Page 23 and 24: ii. Online Investing and Telephone
Page 25 and 26: funds transfers, overdrafts and oth
Page 27 and 28: I acknowledge that Per Stirpes desi

Portfolio Connection Brokerage Account - Union Bank

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