Exchange Traded Options Agreement J.P.Morgan A. Options Agreement 1. I understand that any option transacticn made for my account is subject to the rules, regulations, customs and usages of the Options Clearing Corporation and of the registered national securities exchange, national securities association, clearing organization or market applicable to such transaction. I agree to abide by such rules, regulations, customs and usages. I understand that my account at J.P. Morgan See -tribes tIL ("JPMS) is subject to position and exercise limits established by Option regulatory organizations or markets, and that such limits apply in the aggregate to all of my accounts at JPMS and any other firm. I agree that, acting alone or in concert with others, I will not exceed any applicable position or exercise limits. 2. I understand that 3PMS is under no obligation to convey any information to me relating to the underlying securities covered by the option or any securities related thereto, or any Information relating to the options whether such information Is then or thereafter known or available, 3. It shall be my sole responsibility to exercise, in a proper and timely manner, any right, privilege or obligation of any put option, call option, or other option which 3PMS may purcease, handle, endorse or carry for my account(s). 4. I understand that, in case of my Insolvency or death, or the attachment of my property, JPMS may, with respect to any options contract position, take such steps as it considers necessary or appropriate to protect JPMS against loss. 5. I have received from JPMS the options disclosure document entitled, 'Characteestics and Risks of Standardized Options,' dated February 1994, arid I understand the information contained therein and affirm specifically the following: a. That both the purchase and the writing of uncovered options contracts involve a high degree of risk, are not suitable for many investors and, accordingly, sh