Portfolio Connection Brokerage Account - Union Bank

the relationship I have with persons to whom I send funds and
the persons who send funds to me, the anticipated frequency of
such transactions, the ultimate beneficiaries of funds I send and
receive, and other questions that may help to clarify the nature and
purpose of transactions. This information may include the full name,
permanent address, Social Security and/or Employer Identification
Number, driver’s license or passport, or occupation or profession for
the individual conducting the transaction. If this information is not
provided, I acknowledge and agree that you are required to refuse to
handle the transaction.
You may, at your sole discretion, elect not to open an account, to
limit, restrict or refuse to process transactions in an existing account,
or to close any existing account, with or without cause. This will
typically be done if you are not able to understand the purpose of
the account, the structure of an organization, the authority of the
signers, the documentation provided or the general risk associated
with the establishment of the account, and to comply with the USA
PATRIOT Act and related laws and regulations. You may elect not to
disclose the specific reason.
D. English Language Controlling
I agree that English is the controlling language of this Agreement
and of the Portfolio Connection Brokerage Account and services
described or referred to herein. In case of any disagreement between
English and another language you may use in communicating with
me in writing, the English language version is controlling, unless
you agree otherwise with me in writing, or the laws governing my
account specifically require a different result. I agree that all written
instructions I give you (for example, traditional paper checks) will be
in English. I further agree that you may decline to process requests,
such as checks, drafts or other instruments for the payment of funds
written in a language other than English, whether issued by me or
another person, without liability on your part.
E. Headings
Headings are for convenience only and are not part of this Agreement.
F. Business Days
For the purpose of this Agreement, business days are Monday
through Friday, excluding legal holidays.
G. Transaction Settlement Deadlines
Unless notified to the contrary, I need to pay for all transactions by
2 p.m. Eastern Time/11 a.m. Pacific Time on the settlement date and
deliver all securities and other property in time for you to receive
them one business day before the settlement date. You and NFS
reserve the right to cancel or liquidate, at my risk, any transactions
not settled in a timely way. I understand that under current securities
settlement rules, settlement of securities trades and trades of
other property ranges between the same day as the trade and three
business days from the trade.
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