Derivative and Foreign Exchange (FX)/Commodity Transactions Regulated by the Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Dodd-Frank Act") JP Morgan A. Agreement for All Transactions The following provisions apply to all clients who enter Into (a) foreign exchange swaps or deliverable foreign exchange or commodity forwards (collectively, 'Exempt Transactions") or (b) swaps (other than foreign exchange swaps but otherwise without regard to uaderlier), equity index derivatives, commodity derivatives, and foreign exchange transactions (other than Exempt Transactions) (collectively, "Derivatives") 1. If the Account is a Joint account, the term 'clients shall refer to each joint accountholder. By signing below, each joint accountholder Is making the representations in Paragraph 3 separately from the other joint accountholder based on his, her, or Its separate transactions and activities. 2. The client represents, warrants and certifies to 3.P. Morgan on a continuing basis (which, for avoidance of doubt, includes each time that ).P. Morgan executes or dears an Exempt Transaction or a Derivative) that he, she or It is an 'Eligible Contract Participant,' as that term Is defined in the Commodity Exchange Act, by reason of the following (Check one): n The client is an Individual riding for he or her own account with Investable assets in excess of (I) $10,000,000; or (II) $5,000,000 and who will be entering into such transactions In order to manage the risk associated with an asset owned or liability incurred, or reasonably likely to be owned or incurred, by the client. 'Investable assets' may not always Include Securities of companies that are privately held and which are not publicly traded. If you are making this representation on the basis of your ownership of such securities, please contact J.P. Morgan. The client Is a corporation, partnership, proprietorship, organization, trust or other entity acting for Its own account that (I) h