Common use of Additions and Withdrawals Clause in Contracts

Additions and Withdrawals. Client may make additions to and withdrawals from the Account at any time, subject to the Investment Management Company’s right to terminate an Account that falls below the minimum account size. Additions to the Account shall be charged a pro rata Management Fee based upon the number of days remaining in the rolling month. Management Fees already paid in advance for a rolling month in which Client makes a mid-month withdrawal to the Account, will not be refunded to Client by the Investment Management Company. Client may withdraw Account assets upon notice to the Investment Management Company, subject to the usual and customary securities settlement procedures. The Investment Management Company itself shall impose no start-up, closing, or penalty fees in connection with the Account. However, Client understands certain investments may bear withdrawal or penalty fees as stated within a separate agreement with such entity, pool or fund. The Investment Management Company accepts no liability or responsibility for such fees and Client assumes full liability and responsibility for such fess should it decide to withdraw funds pursuant to the separate agreement with that entity, pool or fund.