EFTA00169393.pdf

... Deutsche Bank N (// —) 0 3 o..---t orry.s., Private Wealth Management I I / tkise.6.- Option Agreement and Approval Form Please Comp ' a Financial Account Inc. - - — Account Name Southern • - . • t - LLC • - Cash Entity • Account Type - • Account Registration O Managed Account Names) of person(si other than Jeffrey Epstein, Jeanne Brennan, • Discretionary Account O Other account owner(slaathorized to place orders for the account: Harry Beller _ . . _. . . . Account and Owner Information (Provide requested information for each account owner (-Client"). Attach supplement to this Agreement it necessary:) Name Southern Financial, LLC . . .. . . . . Address $100 Red Hook quarter, B3. St. Thorrias, 00802 . Country Mgr 10110111. _ ... .. Phone Numhet of Dependents NA Marital Status NA • Itinhdate Mira" 3 . . - - " - Employer NA Business Phone NA Business Address . . 1 ype of Business p iton Years Held Present Brokerage Accounts with: JP100ttlee _ .. ..... _ ... Does the indwidua. or entity that controls this account have the power to control any other Option Accounts) with Deutsche Bank Securities Inc.? 0 Yes O No II yes, please provide the account number(s): Will Provide List . . . aient(s) Financial Information — - . APpioximste Aggregate Annual Income of Account Ownerls1 from.Alt Sources._ SOuttes of Income (Approximate) Approximate Aggregate !Jet Worth -.---.. ............mm•-• — .,.. 4 .. . .. : .. .•._. _ . _ Salary( Bonus _ _ - -Nwelitireinvilerrat t cmisti•Mws. Fremlue Rhea. keens 1 p Loss than $50,000 $50.COD - 499. 999 St00,C00 % Interest/Dividends 10---7 •% A LeS5 th an S50.000 50 O Leal than 550.000 'S50 000 -399.999 O satooc -399.999 -S249.999 O S250.000-5499.999 Q SrJ-00.000 - $999.999 Other (specify): % O 1100.000-1249.999 55 S100.000 - 3249.999 D5250.000- 5499.999 O 5259.000 - 3499.999 O $1.000.000 - 52.499,999 % O Ss00.000 - 3999.999 II 5503.000 - 5999.999 O 5%000.000 - 52.499.999 O 52.500.000 - 54.999.999 IIII S5.000.000 51.000000 - S2A99.999 52 503 MO 54 999 999 52.500.000 - 54.999.999 ano ova . . __ .. S5000.003 end over H 55.000.000 and over Investment Experience of Account Owner%) . — Year grit ' Toded AveraeotTradse . . Poi veer AlitigeSireel— Noes in S. 'Averse-10i° in Shame / Courant, - Tipriorenovious Option Experience . • OPeons 201$ so $1.000.000.00 1,000 ,_ Covered Ca Writing pecks 20,0. . _, .10 , .ipcost000,00 l..a: ;1,ogo, ._.,_, ,.. Purchased Options BC002 2013 10 S1.000.000.00 11.0W Option SNOWS Comniodnies 2013 .,.. 10 $1,000,000.10 _ l i mo 0 . Uncovered Put Writing Listed Index 2013 10 , !tope . • of Uncovered Cell Writing OTC Delvatives - ' — 2011 10 . S1,000,000.00 S1,000,000.00 - • I 1.600 - O None Structured Products 2013 ... _ .. re _. _ _ . . $1,000,000.00 ... i 1,000 .--..a.._.- OtheriSpeNtyl. . . , . - Detach.) Rank Securities Inc.. a SubSidialY of Deutsche Bank AG. C na.6ls'nv stir eat log itnJ scCure s a liv4We in the holed OOPWA4-012/ Stales. Illillgall 014 14 (8911) 006404.052711 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) lataing786 EFTA_00019656 EFTA00169393 Option Objectives ICheck ALL that apply): ] income lcovnod call wilting) El Portfolio Protection (protudivo nuts1 Speculation Ismael% & uncovered writing) Giant(si Strategy Roatests (Please check as many of the following strategies sought to be employed) wi t. Covered Cell Writing hidgMatiatiSis. Cells fully covered by underlying stock. Stock may be called a: any time or at expiration, metering owner to sell et strhe price 0 2. Purchasing Options kethasSubslantal Rife Entire premium is at risk. Profit or loss usually determiner, by seltng position. If posison is rot dosed or exercised by expiration date, options wilt expre wort hfass. a 3 Option Spreads — Margin account required. Involves Spj_,sria0lialbst. In addition to rusk of purchasing puts or calls, if long side is dosed out, leaving only a short positon. the financial risk becomes unlined. Option assignments require (\otiose of the onaafty.ng stock in the open market to effect delivery to purchaser of option. rt. Uncovered Put Writing — Margin account end special statement for uncovered option writers Mu:me. logiosea_Siinstential Risk h assigned. the client must purchase the underlying stock at the strike price, which may be substantially higher than the then-currant mallet price. S. Uncovered Call Writing — Margin account and special slatement for uncovered option writers required. jugantostagteuie pt. Writing uncovered calls invctves untanned smarted risk. Opton asingnments require purchase of the undenying stock cr. open market to effect delivery to purchase; of option. I have iced and understand all of the conditions and stipulations on the reverse side of this form in regard to trading in options and rerxesant that trading in options is suitable in light of my investment oblectives. financusi situation, risk tolerance and knowiedge. I Poicay confirm that I an the source of and attest to the accuracy of the above information end authorize Deutsche Sank Securities Inc. leis* taloned to herein as 'Deutsche Sank Alex. Brown) to verify any representation contained therein. at its rhscreoon. . will promptly notify ()mason° Sank Max. Brown, in writing. of any materiel change in the ebovostatod information. I acknowledge that I they obtain an options dewing corporation prospectus upon :anoint. I have received and read the Options Clearing Corporation Disclosure Document entitled °Characteristics and Risks of Standardized cdjone." Sigrecl i.Altyly Date Print Client Aovisor Name 7)4 S CAD Cliert Advisor Sigrature _ Date. ROP Approval Data • ._._ OPTION DEPT. APPROVAL: SRC" VcCovered Call Writing Purchasing Options Option Spreads Uncovered Put Writing r Uncovered Ca I Writing DATE Cement 09-PW/g.ot27 CO is rosin 005{0x 071011 CONFIDENTIAL - PURSUANT TO FED R. CRIM. P. 6(e) WSW-4%3787 EFTA_000 19657 EFTA00169394 Ride, Prohibitions and General Int OrMatiOn Concerning Option Trading I understand that options transactions had* a nigh degree Of r* and Offer no guarantee of gain a assurance agent loSS. Accord:Vv. I understand that paw to engaging in any option transmit. l should review my present finadiai altuetion to determine meta, d is advisable to incur the risk of loss amodated van that perticulsr investment 1. lord's's", that who I engage In edition trading 1 add rayed to certain. potentially substamol Mandl risks n dekko to those identified on the font side of to lam under rho heating -Chernist Sated Requests- inclusive but nut hated to the calovAng, — I understand that I should nor buy an option unless I ant able to sustains cots loss of to prerram and vorsealon cost: — If I Solt Iwitn) Mitred options. I understand Mat I may lent pardipabon cat* peas bin retain risk a penicipetion in capial 'once in the undellying socudy. I understand that ri en exams° is assigned to me. I may be lots to aoudad my poddon In the underlying searrey at a time MVO may be unfavorable to me. I Aso on2941696 that Onnele nor sell (wet) 0 ten lad call Odd unless I am pmparyd b ckgryer No underling soma tae secway tumndlito excltanbeebte. or ectertimes'a into such bndorlying atturityl ',Ka the exercise of the option — 11 I sell (write) uncovered (naked) omens.; rYk substarmel capital lose If. and le the extent that ti n market primed the underhand security increase's dem me strike price °focal or decreases below the peke Orite d a PO ll Un exados assigned to m0, it sill. in all liktiadoel, he addle Mich will Into me CO assume such a capital loss I understand that I should not sal (write) a put opdon ce ail uncovered call weak Sully an index otos. unlash" die to swain Poters'‘,Y onslnied — I am aware bat various factors may effect the price of eon nation COWOret. set as the relationship between the mods price aid market plot of the undedsing security. tn. time period rerrWining until the °odd mod. and Ihri price fluctuation Or Other chstacteridry Cl the underlying Security. — I am mere that the respecaa option exchange' (tediargeS-1 ray. in their disoretIon end fare due to tide, redid transaaoos in pardiriar °Mad or Om meted at option [entreats In the Interest of madcating a rye and °reedy market In option car:bum a In the tidying poeurhy, Id Me protect of indolent. I understand that I may rot be abse to clime a positon in the Merit UM a seconder, market in the option dame to exist a the listing exchange restricts or stated baring in tie option. — l am aware that the Exchanges have oftatfeshosl restrictions m [Men opening purchase and sale ansactiona on the Exchanges which are considered to be restricted %dont 2. I undrath 4 end era that my accosstal with Deutsche Dank Securities Inc. bilso dared to herein as Troutseho flank Ales. Brown') MA be herded in sconlance WM the fbiles el the Financial Industry Regulatory Authodly f'FINRA-) and the Etzhangee on Mich Sited Witted era traded o-4 of me Options Clearing Cceporetion MOCC-). as expressed in Its pospectus I am aware al end agree lobe boon* oy Orb rule in seeddence with such ruler — I w it not attend to maid at any lane. tither by myself or In emcee with others. a position n of the Smits podded from lime to One by the Exchargeti. Fa he purpose of compound such amts. I understand met ;walking call options area abort put options oldie same underlying stock Muhl be added to COMoUte the psien und SnIscrry. Well" put options and short cies options of the sane i..rdedying stock must be added to ccopute the potion Omit. — twit not attempt to exercise,. time by myself or in concert with others dieing meg peeled of five consecwhe Demme days. a ovally in assess of to limit prescribed by the Exchanges — I understand that if Mend In siolabon a either the peahen limit a the exacts, lapidary be subject to sanctions imeosed by the Fachenge involved and that Mete lateen may include lksaleaucn ce the ;Masa n vkriallon. 3. 1 understand that Comte Beek Mex. Brew, has paties which may be more raelriCtivis bun or Impose requirements In addition to those of the Exchanges. EMMA co the Now York Stock Exchange. I agree to abide by such paces es a condtion of doing Oddness with Deutsche Bank Mix Brown I understand that them paeans locks*, bin ore not limited to the following. — Settlement Ow for es option trades is the business day (dewing trade dote. NolvAinstanang this provision INutsche Bank Alex Brown may n its Olathe*. dcct not to accept purchase ceded in odors unless outs east to the purchase price has first been devuorted in my eirOaM. and may elect not to wad opening sale orders in Options used I have first OOP:MOO in my account either the required margin a unrestricted negotiable sham at Me underlying scoot in en amount specified by Domani Rank Was. Bruno. • Deutsche Bank Mn Brown may Mum orders to be ie options in my account t then are restricso is against my account. mharang reatriceoca reading tradsmi In the underhIng security. or for any Other Mater% ales diStrebOn. — Deutsche Bank Alex. Drown has set *iodine and exercise deadlines which coirestione deadlines eshishatd by the OCC rd will accept no resportbery sat compleaun of tiers entered by dents alter such deadline. — Margin, Oar in Cash or seconds, posted by tie daring don option moutons. may rot be ncluded in my margin account equity or Interest comp sationt Deutsche Bank Max. Brown may. h turn, ass asse deposits to seam said short position) with the 0CC. — Option exercise notices adleined to 00-ASCht) flank Aix. Brower in mama °fashion paitOn in OpliOn contracts in cusiorno daunts shall be eliecreed to madmen of Owthiva Sank der Drawn on an automated random bud tread/stand that if tem assigned. the assignment will be processed as • scsk, In the case deal) or a Purchase (lithe tale dame). tenting two business nays from the done of assiOnmect fetnegt for rat-eta OCOMS welch settle fee ash on tte day Of adignehend end thall ern etligated In delver the underlying moat or required cosh to Deutsche Bank Alen Brown no later than siptionent date. I understand That martin requirements exist in connector with cods options end I agree to meet all main calls as made by Deutsche Bank Meat Brown. I unorstand that Deutsche Dank Ales. Brom, n cancan flit morph regutternahts for option positions may tense • higher margin requrement la Individual optco posibers then other investment foss, and der Deutsche Dark Alex. Brown will dorm mad its existing amen requirements for option poshices utten request. In the eventide not meet margin caps promplty. Deutsche Bank Alex. Drown is au:heated, in its de deCreden end without nafiC91101 tomb, take any and all steps necessary to dented keen intact:V[11On With vol ends, cat trammed* made for my account, including the right le buy add sea shad. a exempt, for my account and risk any pan or all of the Mates represented by options endorsed by Deutsche Bank Moe dams for my account, ce to tary for my edaml and risk any puts ands cad as Deutsche Bank Nos..tirown mcy deem itecc.usary few its protection. I tufts( agree that any end sh expenses incurred by OtNitsche ganilcieJlex. Bowel in Into [OrsteCtiOn to renassed by me. 5. This agrerrnent shall apply to all option orders for mytour secant, whether or not Such orders arc executed. 6 tunas/attend that oats may be fisted on one or more Exchanges and that if no etching. is specified by mo. DC.F9dre Dank AMA Drown urg use its dadon In retro my orders).. 7. thereby authors you In your sole clisererlon and with not/Ideal to red Sot M the event of my death, man notilrett to nidasentavirs d my extole or to airy hthil WheneYer yeu deem n neCeortary la yaw protection,* take "Cry acall00. Whet% without imitation, to buy. W I a ad Olen let my tanintial and my reit ow. Cal.S. Or oder kerns ol outlaw ender to buy. sett or sell Aron any pen ale of the underly4ng securities represented by options endorsed by you for my aocourttal. Any and all expenses, inekiceng.WehOut Iirritabon adorned' fees and their teas/amble disbursements. Intoned by you In connection whii such transactions era to reimbursed by are or by Try Wale. 8. You are under no obligation to ecstasy to rce any in/comet relating to the underlying securitos covered by en option or any atc‘rities retaled thereto. or any 'Noon:piton relating to options whether such Information is then or mender known a' avedatry. MY information, advice or netinceilon in respect to any option or any undetry:ng OICUM4SCelse:Uddite *trades; thereto which you may Ore me and which you are not required to give by the terns of this agreement a on other agioniem. expressed or 4,141 Silo ^a be construed as creating an Otto Weaned a come of &dm between us end shad not Oct the pros/tons of this or any other averment between is 9 This agreement and its enforcement shell be governed by the taws of the State of New Yak and Us provisions snail be continuous: shall cover all Option Ityrastlieine hereunder. weeder you are Ming " broker or Petnereal. and et liceOunts, indyduarty ond collecovely. Meth I may Open or reopen WM you: shall inure to the *nom of your ne"Sente02enbetton. to """" 0 " and "Sir": end shall be binding upon me and my estate, executors, edinamaters end mats, but no assignment km mouse me Isom any of my ottmato l-erounder. Written notice of revocations of Ws ammo, Mall not release Other of us from any cibligatram horst.* arising prior tote actual receipt al mai notice by the °tar. ie. Whetrave sty ,aw or moot:Sion Is added which affects of Is in yeah any pancision hereof, auch padlock shall deerned Melltied a superseded. es the tees melt by such law or. rsWebOn, art lartniSiOnas Oa SO orditied or opereeded ard all deerprodiem bated, all *mail condo ful force ant OW; Allem agreementsexisting14hMon a oiler made Weieh. , idalpmeetste apply. to any of my traimactioneland "countswith odu,•iltall be tiptoed to wry, ciTmwoptiOns orrooctIons and accounts whinatthey aro nett/toddled velth. Uste.atirairecnt..Shotad sot 9COnflict Oat " shall be resolved resolvedIn lava 01 this etnernent• Otheeedetti 'the • peCreUene of eadEagrecmenl Mai' be apeekatry. ' . ' II. As used acad.-115 and-'m4: rat to all account orates. Wed.and:Your Weis to Deutsche RodiNiestrostn. • PiesiiinikOORie bilaimisotttoitic()tn.1) 6:444 os'ioli CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) iDWIntg788 EFTA_00019658 EFTA00169395 Special Statement for Uncovered Option Writers Account No. Account Name Deutsche Bank Alex.Brown nr el 1144.1"earh Secto6a, a Southern Financial LLC •-- • • ••• • • -• - There ere special risks associated with uncovered option writing which expose the investor to potentially significant loss. I understand that this type of strategy may not be suitable for all customers approved for options transactions. I also understand oath of the following. 1. The potential loss of uncovered call writing is unlimited, since there is no upper limit on a stock's price and the loss to a writer of an uncovered call equals the stock once minus the exercise pnce. The writer of an uncovered Call is in an extremely risky position, and may incur large losses if the value of the underlying instrument increases above the exercise price. Such a loss Can exceed the equity in the call writer's account. 2. The potential :oss 'tom writing uncovered put options is also substantial. The writer of an uncovered put option bears a risk of loss if the value of the underlying instrument declines below the exercise pnce. However. since stock prices Cannot be lower than zero, the maximum loss is equal to the strike pace of the put sold less the premium received for that put. Such toss could be substantial if there is a signdicent decline in the value of the underlying instrument end can exceed the equity in the put writer's account. • 3. For combination writing, where the investor writes both a put and a call on the same underlying instrument. the potential risk /a unlimited and can exceed the eoufty in the option writer's account. • 4. Uncovered option writing is thus suitable only for the knowledgeable investor who understands the risks, has the financial capacity and willingness to incur potentially substantial losses. and has sufficient liquid assets to meet applicable margin requirements. le this regard, it the value of the underlying instrument moves against an uncovered writers options position, the investor's broker may request significant additional margin payments. It an investor does not make such margin payments, the broker may liquidate stock or options posincns in the investor's account, with little or no prior notice in accordance with the investor's margin agreement. 5. The option writer may not be able to rely on the secondary market. If a secondary market in options were to become unavailable, investors amid not engage in closing transactions, and an option writer would remain obligated until expiration or assignment. 6. The writer of en American-style option is subject to being assigned an exercise at any time after he has written the option until the option expires. By contrast, the wnter of a Europeanistyfe option is subject to exercise assignment only during the exercise period. NOTE: It is expected that the personisI signing below will read the booklet entitled Characteristics end Risks of Standardized Options available from your broker. 'articular attention is directed to the chapter entitled -Risks of Buying and Writing Options." This statement is not intended to enumerate allot the risks entered in writing uncovered options. I have read and understand the above statement regarding the special risks associated with uncovered option writing and represent that such trading is suitable in light of my investment objectives, which include speculation, as well as my financial situation, risk tolerance end knowledge. t understand that you will rely on the representations I have made herein and in the Option Agteesne. t end Approval Form I provided to you in determining whether to approve my account for the options strateptps I have el ctedand I hereby certify the truth and accuracy of such statements. /dig fr ) / • tettesr Signed:, • Signed Date Signed Date -- Signed Date Signed Date Approved for: ncovered Calls ROP/Manager Approval: CIS-00A3-0126 to A 010(9.. CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) IMMQ-4Y0U789 EFTA_000 19659 EFTA00169396