Minor Account Opening Form

(i) I hereby authorize Networth Securities & Finance
Limited (NSFL) to open an investment account for this Minor using the above information provided by me in this form. (ii) I hereby authorize NSFL to honor all instructions including but not limited to purchases/sales mandates, e-dividends/e-bonuses mandates, etc. emanating from me in writing or through my e-mail address as given in this form. (iii) I hereby confirm that I shall be solely responsible for all orders / transactions done in my name and on my account. Consequently, NSFL and its officers, Directors and/or Employees shall have no liability, financial or otherwise, and/or suffer any damages arising from my decision/instruction on this account.
(iv) I agree to be bound by the terms and conditions governing the operation of this account.

(I) That, I, (Full Name Below:)

hereby authorize NSFL to open an Investment Account in my name and form me.
(II) That NSFL is hereby requested and authorized to act on my instructions with regard to any transactions on the Investment Account.
(III) That all transactions between NSFL and I shall be subject to the articles, rules and regulations of the Nigerian Stock Exchange (NSE), the Securities & Exchange Commission (SEC), the Investments and Securities Act (ISA) of 1999, and all further regulations/directives passed and as amended from time to time to regulate trades between the parties and to regulate broker/dealer activities.
(IV) That my mandates shall be sent through written instruction(s) to APL, and/or via a secured e-mail to info@networthsec.com.
(V) That my mandates will only be executed if delivered to NSFL through any of the aforementioned channels by/or before 8:00am on the intended business day of execution.
(VI) That in the event that I submit mandates/amendments/cancellations after the deadline stated above, they may not be executed until the next business day.
(VII) That my buy and sell mandates will only be executed based on the prevailing market prices of stocks on the Nigerian Stock Exchange at the time of execution and not a price range.
(VIII) That my purchase mandates shall not be executed if sufficient funds are not available in my stockbroking account to meet the value of such transaction(s).
(IX) That in the event that purchase mandate was erroneously executed in excess of my account balance, NSFL has a duty to notify me with a view of regularizing my account without any loss to me.
(X) That all sales proceeds of stocks shall bee retained in my investment account except if I advise otherwise in writing, provided that such express instruction(s) is/are not in favor of third parties. (XI) That funds deposited in my investment account with NSFL, including retained sales proceeds, are not interest bearing. The fund will remain in my investment account until I give an express instruction/mandate authorizing its utilization.