Common use of Accounts for Fiduciary Purposes Clause in Contracts

Accounts for Fiduciary Purposes. You may start, use and maintain accounts, products and services to hold the funds of an estate, memorial, guardianship, conserva- torship, fund or other fiduciary, legal or court ordered purpose with us (referred to in this Provision as the “fiduciary purpose”). You may be named as a fiduciary on the accounts, products and services on a service form or in our records. You agree that it is your responsi- bility as the fiduciary (and not our responsibility) to administer the accounts, products and services and funds for the fiduciary purpose. You further agree that we are only providing you with accounts, prod- ucts and services for and are not assisting you with or advising you about the fiduciary purpose. For IRS reporting purposes, the name that appears first on a form or that is entered in our records generally must match the SSN or EIN that you certify on behalf of the fiduciary purpose. However, on your request, we may be able to write the full name of the fiduciary purpose on a form or in our records to explain the purpose and/or the ownership of an account, loan, product or service. To start the accounts, products and services, we may require and review a copy of the documentation addressing the fiduciary purpose, and your ID and authority to act as a fiduciary for that purpose. You agree that you, as the fiduciary on the ac- counts, products and services, are fully responsible for fulfilling the duties and responsibilities of the fiduciary purpose. We may keep a copy of the documentation designating you as a fiduciary for initial due diligence purposes. However, you agree that once you start and consent to the account, products, services and the MSA, we may thereafter refer to and rely exclusively on the MSA. If you are the only fiduciary on an account, you have the same rights and re- sponsibilities as an owner to take actions and conduct transactions on the account, products and services (please see Provision 4.a.). If two or more fiduciaries are on an account, you have the same rights and responsibilities as an owner on a multiple owner account to take actions and conduct transactions on the account, products and services (please see Provision 4.

Accounts for Fiduciary Purposes. You may start, use and maintain accounts, products and services to hold the funds of an estate, memorial, guardianship, conserva- torship, fund or other fiduciary, legal or court ordered purpose with us (referred to in this Provision as the “fiduciary purpose”). You may be named as a fiduciary fiduciary-owner on the accounts, products prod- ucts and services on a service form or in our records. You agree that it is your responsi- bility responsibility as the fiduciary-owner or fiduciary (and not our responsibility) to administer the accounts, products and services and funds for the fiduciary purpose. You further agree that we are only providing you with accounts, prod- ucts products and services for and are not assisting you with or advising you about the fiduciary purpose. For IRS reporting purposes, the name that appears first on a form or that is entered in our records generally must match the SSN or EIN that you certify on behalf of the fiduciary fidu- ciary purpose. However, on your request, we may be able to write the full name of the fiduciary purpose on a form or in our records to explain the purpose and/or the ownership of an account, loan, product or service. To start the accounts, products and services, we may require and review a copy of the documentation addressing address- ing the fiduciary purpose, and your ID and authority to act as a fiduciary for that purpose. You agree that you, as the fiduciary fiduciary- owner on the ac- countsaccounts, products and services, are fully responsible responsi- ble for fulfilling the duties and responsibilities of the fiduciary purposepur- pose. We may keep a copy of the documentation designating you as a fiduciary for initial due diligence purposes. However, you agree that once you start and consent to the account, products, services and the MSA, we may thereafter refer to and rely exclusively exclu- sively on the MSA. If you are the only fiduciary on an account, you have the same rights and re- sponsibilities responsibilities as an owner to take actions and conduct transactions on the account, products and services (please see Provision 4.a.). If two or more fiduciaries are on an account, you have the same rights and responsibilities as an owner on a multiple owner account to take actions and conduct con- duct transactions on the account, products and services (please see Provision 44.b.).Your authority to transact business with us as the fiduciary-owner or as a fiduciary will remain in full force until we receive lawful notice otherwise. You, as the fiduciary-owner or fiduciary, must notify us of any change to the fiduciary purpose that affects the accounts, loans, products and services. You war- rant that all your actions and transactions on an account, loan, product or service will be for the sole benefit of the person or pur- pose for which you are acting. You agree we may rely on these representations and have no duty to examine subsequent author- izing documentation for compliance or inquire as to the powers and duties of you or any fiduciary. We also have no notice of any violation of fiduciary duties by you or any other fiduciary unless we observe the actual wrongdoing. You acknowledge that we will not be liable for any losses due to your failure to notify us of unauthorized acts by a fiduciary or changes to the relationship between a fiduciary and the person or purpose for whom the fiduciary acts. By starting an account, prod- uct or service you and any fiduciary agree to indemnify, defend us against and hold us harmless from any loss, damage, claim or lia- bility that results from 1) any actions or transactions on the ac- counts, loans, products or services, and 2) the unauthorized acts of a fiduciary on which we rely prior to any actual notice of any change in the fiduciary’s authority. We may require any person associated with the fiduciary purpose to sign or authorize an indemnification and hold harmless agreement along with his, her or its consent to the MSA. Finally, you agree to be responsible for legal advice we require to assist with or that results from any matter concerning the fiduciary purpose (please see Provision 1.f.).

Accounts for Fiduciary Purposes. You may start(Accounts for Estates, use and maintain accountsGuardianships, products and services or Conservatorships). When you open an account to hold the funds of an estate, memorial, guardianship, conserva- torshipconservatorship, fund or other fiduciary, legal or court ordered purpose with us (referred to in this Provision as the “fiduciary purpose”). You may be named as a fiduciary on the accounts, products you understand and services on a service form or in our records. You agree that it is your responsi- bility as the fiduciary (and not our responsibility) to administer the accounts, products and services and funds for the fiduciary purpose. You further agree that we are only providing you with accountsan account to hold funds for that estate, prod- ucts and services for and are not assisting you with guardianship, conservatorship, or advising you about the fiduciary court ordered purpose. For IRS reporting purposesFurther, the name that appears first on a form or that is entered in our records generally must match the SSN or EIN that you certify on behalf of the fiduciary purpose. However, on your request, we may be able to write the full name of the fiduciary purpose on a form or in our records to explain the purpose and/or the ownership of an account, loan, product or service. To start the accounts, products understand and services, we may require and review a copy of the documentation addressing the fiduciary purpose, and your ID and authority to act as a fiduciary for that purpose. You agree that you, as the fiduciary on owner or as the ac- counts, products and servicesfiduciary, are fully responsible for fulfilling the duties and responsibilities of the fiduciary that estate, guardianship, conservatorship, or court ordered purpose. We may keep a copy of the documentation designating you as a fiduciary for initial due diligence purposes. However, you agree and that once you start and consent to the account, products, services and the MSA, we may thereafter refer to and rely exclusively on the MSAterms of Parts 1 and 2 of this Contract. Your authority to transact business with us as the account owner or as a fiduciary will remain in full force until we receive a court order or notice from government authority indicating otherwise. Any notice will not affect any checks, drafts, or items in process at the time notice is given. You, as the owner or the fiduciary, will notify us of any change that affects the account. You warrant that all actions you take regarding the account will be for the sole benefit of the person or purpose you are acting on behalf of. You agree we may rely upon these representations and will have no duty to examine such authorizing documents for compliance or inquire as to the powers and duties of you or any fiduciary, and have no notice of any breach of fiduciary duties by you or any other fiduciary unless we have actual notice of wrongdoing. You agree that we will not be liable for any losses due to your failure to notify us of any unauthorized acts of any fiduciary or changes to the relationship between a fiduciary and the person or purpose he or she is acting on behalf of. You and any fiduciary agree to indemnify and hold us harmless from any claim or liability as a result of unauthorized acts of a fiduciary upon which we rely prior to any actual notice of any change that affects this account. You agree that we may require any person associated with the estate, guardianship, conservatorship, or court ordered purpose to sign a statement acknowledging the obligation to indemnify, defend, and hold us harmless as well as the person’s agreement to this Contract. If you are we need to seek professional advice to review any documentation for the only opening, maintenance, any transaction on or closing of the account that holds funds for fiduciary on an accountor court ordered purposes, you have agree to pay all costs and expenses, including reasonable attorney fees, incurred for the same rights and re- sponsibilities as an owner to take actions and conduct transactions on the account, products and services (please see Provision 4.areview of that documentation.). If two or more fiduciaries are on an account, you have the same rights and responsibilities as an owner on a multiple owner account to take actions and conduct transactions on the account, products and services (please see Provision 4.

Accounts for Fiduciary Purposes. You may start, use and maintain accounts, products and services to hold the funds of an estate, memorial, guardianship, conserva- torship, fund or other fiduciary, legal or court ordered purpose with us (referred to in this Provision as the “fiduciary purpose”). You may be named as a fiduciary on the accounts, products and services on a service form or in our records. You agree that it is your responsi- bility as the fiduciary (and not our responsibility) to administer the accounts, products and services and funds for the fiduciary purpose. You further agree that we are only providing you with accounts, prod- ucts and services for and are not assisting you with or advising you about the fiduciary purpose. For IRS reporting purposes, the name that appears first on a form or that is entered in our records generally must match the SSN or EIN that you certify on behalf of the fiduciary purpose. However, on your request, we may be able to write the full name of the fiduciary purpose on a form or in our records to explain the purpose and/or the ownership of an account, loan, product or service. To start the accounts, products and services, we may require and review a copy of the documentation addressing the fiduciary purpose, and your ID and authority to act as a fiduciary for that purpose. You agree that you, as the fiduciary on the ac- counts, products and services, are fully responsible for fulfilling the duties and responsibilities of the fiduciary purpose. We may keep a copy of the documentation designating you as a fiduciary for initial due diligence purposes. However, you agree that once you start and consent to the account, products, services and the MSA, we may thereafter refer to and rely exclusively on the MSA. If you are the only fiduciary on an account, you have the same rights and re- sponsibilities as an owner to take actions and conduct transactions on the account, products and services (please see Provision 4.a.). If two or more fiduciaries are on an account, you have the same rights and responsibilities as an owner on a multiple owner account to take actions and conduct transactions on the account, products and services (please see Provision 4.start

Accounts for Fiduciary Purposes. You may start, use and maintain accounts, products and services to hold the funds of an estate, memorial, guardianship, conserva- torship, fund or other fiduciary, legal or court ordered purpose with us (referred to in this Provision as the “fiduciary purpose”). You may be named as a fiduciary fiduciary-owner on the accounts, products and services ser- vices on a service form or in our records. You agree that it is your responsi- bility responsibility as the fiduciary-owner or fiduciary (and not our responsibilityre- sponsibility) to administer the accounts, products and services and funds for the fiduciary purpose. You further agree that we are only providing you with accounts, prod- ucts products and services for and are not assisting you with or advising you about the fiduciary purpose. For IRS reporting purposes, the name that appears first on a form or that is entered in our records generally must match the SSN or EIN that you certify on behalf of the fiduciary purpose. However, on your request, we may be able to write the full name of the fiduciary purpose pur- pose on a form or in our records to explain the purpose and/or the ownership of an account, loan, product or service. To start the accountsac- counts, products and services, we may require and review a copy of the documentation addressing the fiduciary purpose, and your ID and authority to act as a fiduciary for that purpose. You agree that you, as the fiduciary fiduciary-owner on the ac- countsaccounts, products and servicesser- vices, are fully responsible for fulfilling the duties and responsibilities responsibili- ties of the fiduciary purpose. We may keep a copy of the documentation documen- tation designating you as a fiduciary for initial due diligence purposes. However, you agree that once you start and consent to the account, products, services and the MSA, we may thereafter refer to and rely exclusively on the MSA. If you are the only fiduciary fiduci- ary on an account, you have the same rights and re- sponsibilities responsibilities as an owner to take actions and conduct transactions on the accountac- count, products and services (please see Provision 4.a.). If two or more fiduciaries are on an account, you have the same rights and responsibilities as an owner on a multiple owner account to take actions and conduct transactions on the account, products and services ser- vices (please see Provision 44.b.).Your authority to transact busi- ness with us as the fiduciary-owner or as a fiduciary will remain in full force until we receive lawful notice otherwise. You, as the fidu- ciary-owner or fiduciary, must notify us of any change to the fiduci- ary purpose that affects the accounts, loans, products and ser- vices. You warrant that all your actions and transactions on an account, loan, product or service will be for the sole benefit of the person or purpose for which you are acting. You agree we may rely on these representations and have no duty to examine subsequent authorizing documentation for compliance or inquire as to the pow- ers and duties of you or any fiduciary. We also have no notice of any violation of fiduciary duties by you or any other fiduciary unless we observe the actual wrongdoing. You acknowledge that we will not be liable for any losses due to your failure to notify us of unauthorized acts by a fiduciary or changes to the relationship between a fiduciary and the person or purpose for whom the fiduciary acts. By starting an account, product or service you and any fiduciary agree to indemnify, defend us against and hold us harmless from any loss, damage, claim or liability that results from 1) any actions or transactions on the accounts, loans, products or services, and 2) the unauthorized acts of a fiduciary on which we rely prior to any actual notice of any change in the fiduciary’s authority. We may require any person associated with the fiduciary purpose to sign or authorize an indemnification and hold harmless agreement along with his, her or its consent to the MSA. Finally, you agree to be responsible for legal advice we require to assist with or that results from any matter concerning the fiduciary purpose (please see Provi- sion 1.f.).

Accounts for Fiduciary Purposes. You may start, use and maintain accounts, products and services to hold the funds of an estate, memorial, guardianship, conserva- torshipconservatorship, fund or other fiduciary, legal or court ordered purpose with us (referred to in this Provision as the “fiduciary purposepur- pose”). You may be named as a fiduciary fiduciary-owner on the accounts, products and services ser- vices on a service form or in our records. You agree that it is your responsi- bility responsibility as the fiduciary-owner or fiduciary (and not our responsibility) to administer the accountsac- counts, products and services and funds for the fiduciary purpose. You further agree that we are only providing you with accounts, prod- ucts products and services for and are not assisting you with or advising you about the fiduciary purpose. For IRS reporting purposes, the name that appears first on a form or that is entered in our records generally must match the SSN or EIN that you certify on behalf of the fiduciary purposepur- pose. However, on your request, we may be able to write the full name of the fiduciary fiduci- ary purpose on a form or in our records to explain the purpose and/or the ownership of an account, loan, product or service. To start the accounts, products and services, we may require and review a copy of the documentation addressing the fiduciary purpose, and your ID and authority to act as a fiduciary for that purpose. You agree that you, as the fiduciary fiduciary-owner on the ac- countsaccounts, products and services, are fully responsible for fulfilling the duties and responsibilities of the fiduciary purpose. We may keep a copy of the documentation designating you as a fiduciary for initial due diligence purposes. However, you agree that once you start and consent to the accountac- count, products, services and the MSA, we may thereafter refer to and rely exclusively exclu- sively on the MSA. If you are the only fiduciary on an account, you have the same rights and re- sponsibilities responsibilities as an owner to take actions and conduct transactions on the account, products and services (please see Provision 4.a.). If two or more fiduciaries fiduci- aries are on an account, you have the same rights and responsibilities as an owner on a multiple owner account to take actions and conduct transactions on the accountac- count, products and services (please see Provision 44.b.).Your authority to transact business with us as the fiduciary-owner or as a fiduciary will remain in full force until we receive lawful notice otherwise. You, as the fiduciary-owner or fiduciary, must notify us of any change to the fiduciary purpose that affects the accounts, loans, products and services. You warrant that all your actions and transactions on an ac- count, loan, product or service will be for the sole benefit of the person or purpose for which you are acting. You agree we may rely on these representations and have no duty to examine subsequent authorizing documentation for compliance or inquire as to the powers and duties of you or any fiduciary. We also have no notice of any violation of fiduciary duties by you or any other fiduciary unless we observe the actu- al wrongdoing. You acknowledge that we will not be liable for any losses due to your failure to notify us of unauthorized acts by a fiduciary or changes to the relationship between a fiduciary and the person or purpose for whom the fiduciary acts. By starting an account, prod- uct or service you and any fiduciary agree to indemnify, defend us against and hold us harmless from any loss, damage, claim or liability that results from 1) any actions or transactions on the accounts, loans, products or services, and 2) the unauthorized acts of a fiduciary on which we rely prior to any actual notice of any change in the fiduciary’s authority. We may require any person associated with the fiduciary pur- pose to sign or authorize an indemnification and hold harmless agreement along with his, her or its consent to the MSA. Finally, you agree to be responsible for legal ad- vice we require to assist with or that results from any matter concerning the fiduciary purpose (please see Provision 1.g.).

Accounts for Fiduciary Purposes. You may start, use and maintain accounts, products and services to hold the funds of an estate, memorial, guardianship, conserva- torship, fund or other fiduciary, legal or court ordered purpose with us (referred to in this Provision as the “fiduciary purpose”). You may be named as a fiduciary fiduciary-owner on the accounts, products and services ser- vices on a service form or in our records. You agree that it is your responsi- bility responsibility as the fiduciary-owner or fiduciary (and not our responsibilityrespon- sibility) to administer the accounts, products and services and funds for the fiduciary purpose. You further agree that we are only providing provid- ing you with accounts, prod- ucts products and services for and are not assisting assist- ing you with or advising you about the fiduciary purpose. For IRS reporting purposes, the name that appears first on a form or that is entered in our records generally must match the SSN or EIN that you certify on behalf of the fiduciary purpose. However, on your requestre- quest, we may be able to write the full name of the fiduciary purpose pur- pose on a form or in our records to explain the purpose and/or the ownership of an account, loan, product or service. To start the accountsac- counts, products and services, we may require and review a copy of the documentation addressing the fiduciary purpose, and your ID and authority to act as a fiduciary for that purpose. You agree that you, as the fiduciary fiduciary-owner on the ac- countsaccounts, products and services, are fully responsible for fulfilling the duties and responsibilities of the fiduciary purpose. We may keep a copy of the documentation designating des- ignating you as a fiduciary for initial due diligence purposes. HoweverHow- ever, you agree that once you start and consent to the account, products, services and the MSA, we may thereafter refer to and rely exclusively on the MSA. If you are the only fiduciary on an account, you have the same rights and re- sponsibilities responsibilities as an owner to take actions and conduct transactions on the account, products and services ser- vices (please see Provision 4.a.). If two or more fiduciaries are on an account, you have the same rights and responsibilities as an owner on a multiple owner account to take actions and conduct transactions on the account, products and services (please see Provision 44.b.).Your authority to transact business with us as the fi- duciary-owner or as a fiduciary will remain in full force until we re- ceive lawful notice otherwise. You, as the fiduciary-owner or fiduci- ary, must notify us of any change to the fiduciary purpose that affects the accounts, loans, products and services. You warrant that all your actions and transactions on an account, loan, product or service will be for the sole benefit of the person or purpose for which you are acting. You agree we may rely on these representations and have no duty to examine subsequent authorizing documentation for com- pliance or inquire as to the powers and duties of you or any fiduciary. We also have no notice of any violation of fiduciary duties by you or any other fiduciary unless we observe the actual wrongdoing. You acknowledge that we will not be liable for any losses due to your failure to notify us of unauthorized acts by a fiduciary or changes to the relationship between a fiduciary and the person or purpose for whom the fiduciary acts. By starting an account, product or service you and any fiduciary agree to indemnify, defend us against and hold us harmless from any loss, damage, claim or liability that re- sults from 1) any actions or transactions on the accounts, loans, products or services, and 2) the unauthorized acts of a fiduciary on which we rely prior to any actual notice of any change in the fiduci- ary’s authority. We may require any person associated with the fi- duciary purpose to sign or authorize an indemnification and hold harmless agreement along with his, her or its consent to the MSA. Finally, you agree to be responsible for legal advice we require to assist with or that results from any matter concerning the fiduciary purpose (please see Provision 1.g.).