Common use of Transactions for the Account Clause in Contracts

Transactions for the Account. Manager’s policy and practice in executing orders for clients is to take into account a range of factors including price, costs, speed, likelihood of execution and settlement, size, nature and any other consideration relevant to the execution of the order. However in weighing up the importance of these factors Manager takes into account a number of criteria for determining their relative importance, including the categorisation of all Manager’s clients as Professional Clients, the characteristics of Client’s order itself, the characteristics of the financial instrument or asset class being executed and the characteristics of the execution venues to which the order can be directed. A summary of Manager’s Best Execution Policy is attached as Schedule F. Client may direct all transactions for the Account to a particular broker, dealer or bank, by writing the name and address of that broker, dealer or bank in the space provided on Schedule A. IV. Any tax-related documentation required by broker/dealers and/or custodian banks shall be completed by Client. Upon receipt, Client shall process promptly as failure to do so may result in transactions in Client's account to be subject to backup withholding payments.