EFTA00237359.pdf

44, UBS UBS Financial Services Inc. Account Number Client Qualification Form and Agreement For Options Account Information Should be completed by the Primary Tax Payer, Trustee or Executor Account Title Ghislaine Maxwell Ghislaine Maxwell Primary Account Holder First Name Marital Status: Ej Single K Married K Divorced K Widowed Date of Birth: = Number of Dependents 0 (1 blank, Firm assumes single) (if blank, Firm assumes 0) Middle Name Last Name Joint Account Holder First Name Account Ownership (select one) E Sole Ownership K Joint Ownership K Trust K Estate K Custodian K GuarthanKommateeman/Conservator K Business Ownership (specify type): Type of Trading Authority (select one, if applicable) K Power of Attorney K Home Office Discretion K FA Discretionary (includes PMP) Middle Name last Name FA Name Return Objectives/Risk Tolerance 1. Risk Tolerance: Which of the following best characterizes your tolerance for risk in this account? K low Risk K Some Risk K Moderate Risk K Moderately High Risk [81 High Risk 2. Investment Objectives: What is your primary investment objective for this account? K Produce current income (Not valid for Moderately High Risk or High Risk) Produce a combination of income and capital appreciation K Achieve capital appreciation (emphasis on growth of capital, not income) 3. Risk Return Objectives: Which of the following best characterizes your risk/return objectives? K I am primarily interested in maintaining my invested capital, and I am not prepared to accept higher fluctuations in the value of my assets (Not valid for Moderate, Moderately High Risk or High Risk) K I prefer to sustain only moderate fluctuations in the value of my assets to achieve moderate returns IZ In order to achieve a higher return, I am prepared to accept higher fluctuations in the value of my assets (Not valid for Low Risk, Some Risk or Moderate Risk) 4. Investment Time Frame: What is your average expected time honzon for the investments in this account? • Less than 3 years' K 3 to 6 years (an average market cycle) irg 7 to 10 years K longer than 10 years (through several market cycles) S. Short Term Liquidity Needs: Do you anticipate a need for cash in the short term from the assets in this account? K Ves' X No 6. Investment Eligibility Consideration: In accounts with conservative or moderate risk profiles, investment eligibility considerations help us identify whether you may be eligible to invest in certain higher risk securities as a portion of your portfolio. These investments offer additional diversification and may include complex strategies, limited liquidity and greater volatility. I agree that a portion of my portfolio may include investments with complex strategies, limited liquidity and greater volatility. El Yes K No you have indicated Moderately High Risk or High Risk as your Risk Tolerance. achieving your investment goals may be less bluely with shorter time horizons or if you anticipate needing to withdraw cash from this account in the next 12 months. 01599548691 • Page 1/5 AC-OPT (Rev. 09/14) O2014 UBS Financial Services Inc. All rights reserved. Member SIPC. 11 CONFIDENTIAL UBSTERRAMAR00001725 EFTA00237359 SUBS Financial Information For a Trust, Estate or Business account, financials should be listed under Primary Account Holder section If you share with another person, please provide the following financial information, per individual For example, a total net worth of $50,000 should be split as you deem appropriate and equal 1C0% of the combined assets Primary Account Holder Joint Account Holder Total Annual Income Liquid Assets (defined as cash and marketable securities) Net Worth (Exclusive of Residence) s 250,000 x20,000,000 530,000,000 $ S250,000 s 20,000,000 s 30,000,000 Investment Experience and Employment Information (Primary Account Holder) For a Trust, Estate or Business account, please fill out the information for the individual responsible for the account (e.g. trustee for a trust account). If left blank, Firm assumes 0 Number of years investing experience with: 20 Equities 20 Bonds 5 Futures 10 Options-Buy 10 Options-Sell Which best describes your knowledge of investments? O I know very little about financial markets and market investments O I have a good understanding of financial markets and market investments El I am an experienced investor in financial markets and market investments. Employment Status (select one): O Unemployed O Retired O Self-Employed O Student O Work in the Home E Employed • provide occupation and employer below Founder President The TerraMar Project Occovalion Employer Investment Experience and Employment Information (Joint Account Holder) Number of years investing experience with Equities Bonds Futures Options-Buy Options-Sell 1Nhkh best describes your knowledge of investments? O I know very little about financial markets and market investments O I have a good understanding of financial markets and market investments O I am an experienced investor in financial markets and market investments. Employment Status (select one) O Unemployed O Retired O SeH-Employed O Student O Employed • provide occupation and employer below O Work in the Home Occupation Employer Trading Options Anticipated Manager Anticipated Manager Option Transaction Trading Approved 4$1020..tracoastion Trading Approved Covered Writing El O Interest Rate Options O Buy Hedged Puts Eil O Foreign Currency Options D b Index Options Z O Uncovered Options (CausrPuts) g O Buy & Covered Writing (Spreads & Ig O Cash only O O Purchasing Options) Sell Secured Puts (1-Bill Secured in Cash Account Only) C3 O 0159954869 AC-OPT (Rev. 09/14) 02014 UBS Financial Services Inc All ngh s reserved Member ;PC Page 2/5 CONFIDENTIAL UBSTERRAMAR00001726 EFTA00237360 SUBS Options Agreement Introduction Throughout this Agreement, 'you-, *your- and 'yours' refer to you as Client(s) of 1185 and to each person who signs this Agreement. -U8S". 'we', 'us*, 'our' and 'ours' refer to UBS Financial Services Inc. and unless we indicate otherwise, its successor firms, subsidiaries, correspondents and/or affiliates or employees, including without limitation its patent company UBS AG and its affiliates: UBS Financial Services incorporated of Puerto Rico (which clears through U8S Financial Services Inc ). UBS Bank USA. UBS Credit Corp., UBS Trust Company, •., and their insurance agency affiliates and subsidiaries and all other subsidiaries and affiliates. Important Representations 1. By signing the Client Qualification Form and Agreement for Options (*Agreement') you acknowledge and agree that a. UBS does not provide legal or tax advice. b. You have received a copy of. and you have read and understand, the current version of the Characteristics and Risks of Standardized Options booklet ('Disclosure Booklet') with all applicable amendments, which explains the duties, responsibilities. and risks associated with options trading, and that you must comply with all applicable duties and responsibilities set forth in such booklet. c YOUr Financial Advisor has explained the risks of option trading and has advised you, in light of your financial condition and investment goals, to carefully consider whether options trading is suitable for you. You understand that this brief statement cannot cover all elements of risk and other significant aspects of trading in options, and that it wil be incumbent upon you to carefully consider all options trades made in your account d. You (I) have read, understand and agree to be bound by the terms and conditions set forth in the Agreement and all other documents included therewith or otherwise completed in connection with opening the account; (ii) are certifying that the information provided in the Client Qualification Form is true and accurate, and (iii) agree to immediately notify UBS in writing of any changes to any or all of the information contained in the Client Qualification Form or any other documentation provided in connection with the opening of the account, including, but not limited to those regarding your financial situation or investment objectives. e. You understand that options may be speculative and that you may sustain a total loss of the funds deposited with UBS to buy or sell options, or to establish or maintain a position in the options market. You understand that placing contingency orders we not necessarily limit losses to intended amounts, since market conditions may make it impossible to execute such orders. f U8S is authorized to rely on this statement in order to assure itself that you fully understand the risks associated with trading options. Rules and Regulations 2. You are aware of and agree to be bound by the constitution, rules, regulations, by.laws, interpretations, customs, and usages of the Options Clearing Corporation COCCI, the Financial Industry Regulatory Authority ('FINRA*), the various exchanges or markets and clearing facilities, if any, where the transactions are executed, and all governmental statutes, rules and regulations, including those of the Securities and Exchange Commission, as currently in effect a as they may be amended, revised or supplemented further, you are aware of and agree to comply with the applicable rules and regulations with regard to options trading in your home country or the equivalent. 3. You further agree that you will not, either alone or in concert with others, violate the position or exercise emits, which the exchanges, markets or clearing facilities may set from time to tine You expressly authorize UBS. in its sole discretion, to liquidate or close out any of your option positions without notice to you and without your prior consent, if and when your open positions exceed applicable position limits to reduce such open positions to comply with such limits. You wil be held solely responsible for any losses associated with such a reduction or liquidation. 4. You will not write any option on securities of an issuer of which you are an affiliate within the meaning of Rule 144 under the Securities Act of 1933 at the time of such writing, unless the securities can be sold without restriction. S. You understand and agree that in the case of assignment of option contracts, UBS will employ the random method of allocation In this procedure. U85 will randomly select from all customers' short option positions, including positions established on the day of assignment, those contracts which are subject to exercise. A detailed description of this method is available upon written request You understand that American style short option positions are liable for assignment at any time, while European style short options can only be assigned at expiration. Terms and Conditions 6. On certain trading days, trading may cease or be restricted in one or more classes of options and this may result in financial disadvantage or loss to you. You agree to hold UBS, its officers, directors, and agents, harmless for this or any other loss resulting from any acts made in accordance with the constitution, rules, interpretations and policies, customs, or regulations of the exchange(s) involved or the OCC 7. You acknowledge and understand that (i) any orders given by you or through anyone else to buy, sell or exercise options in your account may be refused by UBS in its sole discretion; ii) we may restrict or prohibit trading of securities or other property in the account; (ii) we may revoke or cancel any accommodation or credit extended to you by us, and (iv) we may close the account at any time. You agree to indemnify and hold us harmless from and against any losses, causes of action, damages and expenses arising from, or as a result of our taking any of these actions. 8. You understand that UBS has established 4.30 Eastern time on the Fnday of or before the expiration date of your option contract as the cutoff time for accepting an exercise notice from you This cutoff time may differ from the times established by the applicable exchanges and the OCC. You are solely responsible for taking necessary action to exercise an option contract within the time frames UBS has established. Further, you are solely responsible for confirming that all exercise notices and related instructions provided to UBS are accurate and complete. U8S will not be liable for your failure to tender an exercise or if we do not receive notice of your tender before the established cut-off time. '11111 I ? II AC-OPT (Rev. 09/14) 02014 UBS Financial Services Inc All rights eserved Member SIPC Page 3/5 CONFIDENTIAL UBSTERRAMAR00001727 EFTA00237361 UBS 9. You understand that long options that are 50.01 or more 'in4he-rnoney' at expiration are subject to automatic exercise, and will be exercised automatically unless U85 receives instructions to the contrary. You explicitly waive all claims for damage or loss if you fail to notify us to exercise an 'in-the-money' option that is ma subject to automatic exercise. 10. If you fail to make payment of any monies due to UBS for any transactions covered by this Agreement, you agree that we may sell any property held in any of your accounts and apply the proceeds of such sale on account of this indebtedness 11. If you fail to make delivery of any securities due to UBS for any transactions covered by this Agreement, you agree that we may buy-in such position in your account and apply the cost of such purchase to you on account of this indebtedness. 12. My and all expenses incurred by vs in connection with either of these transactions may be charged to your account(s), and you agree to fully reimburse us for any such expenses 13. In case of any insolvency, bankruptcy, death or attachment of your properly, you agree that we may take such steps as we consider necessary to protect UBS against loss with respect to any pending options orders or positions 14. This Agreement supplements the Client Relationship Agreement (including any predecessor account agreement), which is incorporated herein by reference. In the event that any specific provision of this Agreement conflicts with any provision of the Client Relationship Agreement or any other agreement between you and UBS, this Agreement shall control, except that nothing in this Agreement will diminish any of UBS' rights under the Client Relationship Agreement or any other agreement between you and UBS 15. This Agreement may be assigned by UBS and will inure to the benefit of UBS's successors or assigns and shall be binding on you and your personal representatives. Power of Attorney 16. If you have indicated that a Power of Attorney has Trading Authority on your account, you represent and warrant that you have provided authorization for one or more Agents to conduct options transactions. UBS may continue to rely on the Power of Attorney, absent receipt of written notice of its revocation. Special Statement for Uncovered Options 17. If you have indicated intent to engage in uncovered options transactions, you understand, acknowledge and agree that: There are special risks associated with uncovered option writing which expose the investor to potentially significant loss. Therefore, this type of strategy may not be suitable for all customers approved for options transactions. a. The potential loss of uncovered call writing is unlimited. The writer of an uncovered cal is in an extremely risky position, and may incur large losses if the value of the underlying instrument increases above the exercise price b As with writing uncovered calls, the risk of writing uncovered put options is substantial. The writer of an uncovered put option bears a risk of loss if the value of the underlying instrument declines below exercise price. Such loss could be substantial if there is a significant decline in the value of the underlying instrument c. 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. In this regard, d the value of the underlying instruments moves against an uncovered writer's options position, the investor's Financial Advisor may request significant additional margin payments If an investor does not make such margin payments, the Financial Advisor may liquidate stock or options positions in the investor's account, with little or no prior notice in accordance with the investor's margin agreement d For combination writing, where the investor writes both a put and a call on the same underlying instrument, the potential risk is unlimited. Date on which Disclosure Booklet was provided: 01/22/2016 Primary Account Holder: Ghislaine Maxwell First Name Last Name Joint Account Holden 1L X Signature Date First Name Last Name Signature Date AC-OPT (Rev 09/14) 0159954869' O111O391 O2014 UBS Financial Services Inc. All rights reserved Member SIPC. Page 4/5 CONFIDENTIAL UBSTERRAMAR00001728 EFTA00237362 UBS Financial Advisor: 0 First Name Last Name Signature Date Designated Registered Options Principal: 10 First Name Last Name Signature Date Designated Supervisor: * First Name Last Name Signature Date AC-OPT (Rev 09/14) 0159954869 02014 UBS Financial Services Inc. All rights reserved. Member SIP, Page 5/5 CONFIDENTIAL UBSTERRAMAR00001729 EFTA00237363