2 Terms of Agreement Client Trading Agreement In consideration of First Private Equity Group (FPEG) accepting the account (the "Account"), the Client (the "Client") agrees: 1. That this Agreement is in respect to all Security transactions in the Account of the Client. This Agreement is in respect of all transactions in the Account of the Client, including accounts previously opened. opened in the future or from time to time closed and then reopened or renumbered; that the word "Securities- shall include all Securities generally so-called and in particular shall include equities. bonds, debentures, notes, options, warrants, rights. "When Issued" Securities of all kinds and chooses in action of every kind, and all property customarily dealt in by brokers. 2. That every transaction is subject to the constitution, by-laws, rules, regulations and customs of the Exchange upon which the transaction is executed, and to the customs and regulations (now or hereafter in effect), of the applicable Clearing Corporations including, without limitation, position limits and exercise limits, and if not executed upon any exchange to the by-laws, rules. and regulations and customs of any market association of brokers or dealers made applicable thereto by any law or agreement. 3. That the Client shall pay any and all commissions to FPEG in respect of all purchases and sales of Securities in the Client account. 4. That FPEG operates on a flat one percent (1) commission on both entry and exit trades. Entrance commission will be added to the total amount payable. Receipt of funds that is short of trade value, inclusive of commission, will be deemed to have paid commission but left the remaining portion of the trade unpaid. II the client executes a sell order through a third party. the exit commission agreed to be paid to FPEG will be deemed to be standing and indebted accordingly. 5. That FPEG shall not be responsible for any delays in bringing the Client's order to