Portfolio Connection Brokerage Account - Union Bank

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.
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