Pershing Advisor Solutions LLC, a BNY Mellon company

Pershing Advisor Solutions LLC, a BNY Mellon company One Pershing Plaza, Jersey City, NJ 07399 (877) 870-7230 mernew FINRA SIPC BAINCO international Beneficiary Investors Account Statement IRA FRO AVRAM NOAM CHOMSKY PERSHING LLC AS CUSTODIAN Portfolio at a Glance Account Number: Statement Period: 12/01/2016 - 12/31/2016 Thls Period Yeai4o-Oate B/O CAROL CHOMSKY DECEASED Beginning Account Value 3388,829.23 $461,886.94 984 MEMORIAL DR AFT 404 Net Cash Deposits and Withdrawals 0.00 -99.700.49 CAMBRIDGE MA 02138-5747 Adjusted Previous Account Value 388,829.23 362,186.45 Dividends, Interest and Other Income 1967.04 6,756.63 Net Other Activity 0.00 -5,762.00 Net Chan. e in Portfolio 3 754.99 30 470.18 Ending Account Value S393.651.26 S393,651.26 Your Investment Advisor: Accrued Interest $0.00 BAINCO INTERNATIONAL NV LLC Account Value with Accrued Interest $393,65126 (617) 5360333 Estimated Annual Income $5,475.20 Asset Summary Last Period This Period % Allocation Cash, Money Funds, and Bank Deposits' 29,079.78 29,564.06 8% Equities 294,808.45 299,414.20 76% Exchange-Traded Products 64.941.00 64.673.00 16% Account Total (Pie Chart) $388,829.23 $393,651.26 100% I The Bank Deposits In your account are FDIC Insured bank deposits. FDIC insured bank deposits are not securities and are not covered by the Securities Investor Protection Corporation (SIPC). These bank deposits are covered by the Federal Deposit Insurance Corporation (FDIC). up to allowable limits. Page 1 of 19 PAR 0/ ROI I Rated Excellent Go papedess Evety V.41 Since 2007 ASK AeOuT (Ca ivERY OALEIMI RATED COMMUNICATIONS EXCELLENCE Cerro arieenowee nee.. came exams, me eta Sons ease verb imam Cowman essee rentnette. eves ANNA met MK EFTA00791740 Additional Information Description Securities Bought and Sold This Period Year-to-Date 458216 $86.212.23 Required Minimum Distribution Summary Cakulated Amount Prior Year-end Fair Market Value ("FMV"): $461,886.94 Calculation Factor: 6.3 Participant DOB: Beneficiary DOB: 00/0000 Beneficiary Relationship: NON-PERSON Amount Required to be Withdrawn for 2016: $73,315.38 Amount Withdrawn Year to Date: $100,000.00 The Remaining Amount You Are Required to Withdraw for 2016: $0.00 Disclaimers and Other important Information Regarding Your Required Minimum Distribution Summary Accorring to our records, you hold an inherited retirement account. Unless you are the spouse beneficiary of these assets and you choose to treat this account as your own, you are generally required to take a minimum distribution from the inherited account by December 31 of each year. The required minimum distribution (RMD) amount provided to you in the above calculation is based on the IRS Single Life Expectancy (SLE) table. Alternatively, if the original retirement account owner was not subject to RMDs, you can choose to distribute the balance of your inherited retirement account within five years of the owners death. II you do not take enough to satisfy the requirement, the IRS may impose a 50% excise tax on the shortfall. Due to the complexity of RMD requirements for inherited accounts. speak with your tax professional regarding the options available to you. For Your Information Reminder: Please make all checks for deposit into your investment account payable to either 'Pershing LLC" or 'Pershing LLC fbo (Account Registration)'. Be sure to also print your investment account number on the check. Including this information will allow for the timely and accurate deposit of funds to your account. Thank You. Client Service Information Your Investment Advisor: RBH Contact Information BAINCO INTERNATIONAL INV LW SUITE 440 500 BOYLSTON STREET BOSTON MA 02116 Your Account Information Telephone Number: (617) 536-0333 Retirement Information Year-End Fair Market Value (12/31/2016): $393,651.26. The year-end fair market value is furnished to the Internal Revenue Service for Individual Retirement Accounts. Your fair market value may change based on transaction or asset valuation adjustments made after 1261/2016. Page 2 of 19 Account Number: RM00 ExCollent PAR-O2-ROLL paperless Every Vow Yea 2007 G IRA FB0 AVRAM NORM CHOMSKY ASKo AhOuT tauveltv DALSAR RATED COMMUNICATIONS D(CELLENCE •••••••••••••• LW. • SM. Owned ordiseSI TO. Maw M— Onipan NNW 1•••••0 Ammout. ammo mew int MC EFTA00791741 Pershing Advisor Solutions LLC, a BNY Mellon company One Pershing Plaza, Jersey City, NJ O7399 (877) 87O-723O member Fitak, SIPC Your Account Information (continued) BAINCO international Beneficiary Investors AccountStatement Statement Period: 12/01/201 6 12/31/2016 Tax Lot Default Disposition Method Default Method for Mutual Funds: HIGH COST LONG TERM Default Method for Stodcs in a Dividend Reinvestment Plan: HIGH COST LONG TERM Default Method for all Other Securities: HIGH COST LONG TERM Bond Amortization Elections: Amortize premium on taxable bonds based on Constant Yield Method: Yes Accrual market discount method for all other bond types: Ratable Method Include market discount in income annually: No Electronic Delivery You are currently enrolled to receive the following account communications via electronic delivery: Trade Confirmations Notifications Prospectus' Please log in to your account to make any changes to your electronic delivery preferences. Portfolio Holdings E-mail notifications are delivered to the following e-mail address(es): cifitittt##@mitedu IcThi4iffIn@mitedu is on file for these documents The above e-mail address is partially masked for your security. Please log into your account to review the lull e-mail address. Account Opening Date Quantity Number Activity Ending Opening Balance Closing Balance Accrued Income In:ome This Year 30-Day Yield Current Yield Cash, Money Funds, and Bank Deposits 8.00% of Portfolio Cash Balance 0.00 65.03 FDIC Insured Bank Deposits LIQUID INSURED DEPOSITS 12/01/16 2%499.060 NIA 12/30/16 29.079.78 29.499.06 0.14 4.97 N/A LA Total FDIC Insured Bank Deposits $29,079.78 $29,499.06 $0.14 $4.97 Total Cash, Money Funds, and Bank Deposits $29,079.78 $29,564.06 $0.14 $4.97 Unrealized Estimated Estimated Date Acquired Quantity Unit Cost Cost Bask Market Price Market Value Gain/loss Annual Income Yield Equities 76.00% of Portfolio Common Stocks AT&T INC COM Security Identifier: 7 Dividend Option: Cash CUSIP: 00206R102 01/02/15'.3 100.000 33.8630 3,386.30 42.5300 4,253.00 86670 196.00 4.60% Page 3 of 19 PAR•02.ROLL Account Number: RNO EmcolleAl Go paperless A Cv"Y Ynt Sffic• 2007 IRA FRO AVRAM NOAM CHOMSKY ASK AbOuT tauvEltv OALEIAlt RATED COMMUNICATIONS EXCELLENCE Claws. ataypfleWne ua. apt.. Orm•deenel.M1 Os* •• Nat V_ likeri Cowan SY WS. EFTA00791742 Portfolio Holdings (continued) Date aired Equities (continued) Common Stocks (continued) ABBVIE INC COM Dividend Option: Cash 04/23/12 '4 ALPHABET INC CAP STK CL C Dividend Option: Cash 10/26115 AMAZON COM INC Dividend Option: Cash 04/06/16 • BB&T CORP COM Dividend Option: Cash 02/02/12 BANK AMER CORP COM Dividend Option: Cash 03/16/12 Cuantit Unit Cost Cost Basis Market Price Market Value Unrealized Gain/Loss Estimated Estimated Annual Income Yield 100.000 25.000 10.000 200.000 400.000 BERKSHIRE HATHAWAY INC DEL CL B NEW Dividend Option: Cash 04/14/16 • 125.000 BIOGEN IDEC INC COM Dividend Option: Cash 10/30/15 ',3 25.000 BRISTOL MYERS SQUIBB CO COM Dividend Option: Cash 10/07/16 • 100.000 COCA COLA COMPANY Dividend Option: Cash 02/15/12 .+3 200.000 DANAHER CORP COM Dividend Option: Cash 10/2V13 ..3 100.000 DISNEY WALT CO DISNEY COM Dividend Option: Cash 02/09/12 100.030 EOG RES INC COM Dividend Option: Cash 05/04/12 100.000 31.1950 713.8260 595.5700 28.1490 9.6950 143.7510 292.5970 553180 342980 55.1000 41.5380 52.6610 Security Identifier: ABBY CUSP: 00287Y109 3.11950 62.6200 Security Identifier: GOOG CUSIP: 02079K107 17,845.64 771.8200 Security Identifier: AMIN CLISIP: 023135106 5,955.70 749.8700 Security Identifier: BEST CUSIP: 054937107 5.62970 47.0200 Security Identifier: BAC CUSP: 060505104 3,877.80 22.1000 Security Identifier: BRK B CUSP: 084670702 17,968.90 162.9800 Security Identifier: BNB CUSP: 09062%103 7,314.92 283.5800 Security Identifier: BMY CUSIP: 110122108 5,551.77 58.4400 Security Identifier: KO CUSIP: 191216100 6,859.50 41.4600 Security Identifier: DIN CUSIP: 235851102 5,509.98 77.8400 Security Identifier: DIS CUSIP: 254687106 4,153.79 1042200 Security Identifier: EOG CUSIP: 26875P101 5,266.14 101.1000 6,262.00 19,295.50 7,498.70 9,404.00 8,840.00 20,372.50 7,089.50 5,844.00 8,292.00 7,784.00 10,422.00 10,110.00 3.142.50 1.449.86 1.543.00 3,774.30 4,962.20 2,403.60 •225A2 29223 1,432.50 2,274.02 6,268.21 4,843.86 256.00 4.08% 240.00 2.55% 120.00 1.35% 156.00 2.66% 280.00 3.37% 50.00 0.64% 156.00 1.49% 67.00 0.66% Page 4 of 19 Account Number paperiess t e Rated E•tellent PAP O2,ROIL Go (very Yeat Sake 7007 IRA FB0 AVRAM NOAM CHOMSKY ASK AlbOLIT t.OO.77ZRY LAMAR RAMO COWALINICATICMS EXCELLENCE Claw MAW". U.C. • •••••• sad elan aw Vw• tolelam Canes. ••••••• troPliya 'AC. ',rest PIMA NVICSec EFTA00791743 Pershing Advisor Solutions LLC, a BNY Mellon company One Pershing Plaza, Jersey City, NJ 07399 (877) 870-7230 Member FINRA, SIPC Portfolio Holdings (continued) Date Acquired Quantity Unit Cost Equities (continued) Common Stocks (continued) EXXON MOBIL CORP COM Dividend Option: Cash 05/04/12 .4 100.000 84.9060 FACEBOOK INC CL A Dividend Option: Cash 10/23/15 100.000 102.4200 FORTIVE CORP COM Dividend Option: Cash 10/22/13 • 50.000 34.2850 09/30/16 • 450.000 50.9020 Total Noncovered 500.000 Total 500.000 GENERAL ELECTRIC CO COM Dividend Option: Cash 10/22/13 300.000 26.1900 HOME DEPOT INC COM Dividend Option: Cash 03/21/14 100.000 80.7540 HONEYWELL INTL INC COM Dividend Option: Cash 07/08/10 200.000 40.2500 JOHNSON & JOHNSON COM Dividend Option: Cash 01/26/12 200.000 65.8270 TJX COS INC PEW COM Dividend Option: Cash 05/24/13 200.000 50.1510 US BANCORP DEL COM Dividend Option: Cash BAINCO Cost Basis Market Price international Beneficiary Investors Market MN Account Statement Statement Period: 12/01/2016 - 12/31/2016 Unrealized Gain/loss Estimated Estimated Annual Income Yield Security Identifier: XOM CUSIP: 30231G102 8,490.59 902600 Security Identifier: FB CUSIP:30303M102 10,242.02 115.0500 Security Identifier: FTV CUSIP: 34959J108 1,714.27 53.6300 22,905.69 53.6300 24 619.96 324,619.96 Security Identifier: GE CUSIP: 369604103 7,856.97 31.6000 Security Identifier: HD CUSIP: 437076102 8,075.43 134.0800 Security Identifier: HON CUSIP: 438516106 8,050.00 115.8500 Security Identifier: JNJ CUSIP: 478160104 13,165.36 115.2100 Security Identifier: TJX CUSIP: 872540109 10,030.24 75.1300 Security Identifier: USB CUSIP: 902973304 9,026.00 535.41 300.00 3.32% 11,505.00 1,26298 2,681.50 96723 14.00 0.52% 24,133.50 1,227.81 126.00 0.52% 26,815.00 2,195.04 140.00 $26,815.00 $2,195.04 $140.00 9,480.00 1,62103 288.00 3.03% 13,408.00 5,332.57 276.00 2.05% 23,170.00 15,120.00 53200 2.29% 23,042.00 9,876.64 640.00 2.77% 15,026.00 4,99526 208.00 1.38% Page 5 of 19 Acoount Number: Rated V.., PAR 02 ROLL Go paperless (win V" I SW" 2007 IRA FB0 AVRAM NOAM CHOMSKY ASK MORT it CONON OALSAII RATED COMMUNICATIONS EXCELLENCE Clesmo *Amp. PARR", LAC . la.. owned AARRIOrt ewe SO liar Yen Caraneet Peeinvini.0 r•stA N SC WC EFTA00791744 Portfolio Holdings (continued) Date Ac uired Quantit Unit Cost Equities (continued) Common Stocks (continued) US BANCORP DEL COM (continued) 01/31/12 200.000 28.3640 5.672.80 51.3700 10.274.00 4.601.20 224.00 2.18% UNITEDHEALTH GROUP INC COM Security Identifier: UNH Dividend Option: Cash CUSIP: 91324P102 12/24/12 100.000 sVISA INC COM CL A 54.9990 5,499.88 160.0400 Security Identifier: V 16.004.00 10,504.12 250.00 1.56% Dividend Option: Cash CUSIP: 92826C839 Please Provide' 200.000 N/A Please Provide 78.0200 15.604.00 N/A 132.00 0.84% Total Common Stocks $194,142.89 3298,821.20 $89,074.31 $4,511.00 Options CALL 100 SPDR GOLD TR GOLD SHS Option Identifier: 99OAFKFFW EXP [email protected] OPTION ROOT= GLD Underlying Security Identifier: GLO Underlying Security Price: $109.61 10/06/16 -1.000 3.5500 -354.95 0.0700 -7.00 347.95 PUT 100 SPDR S&P 500 ETF TR TR UNIT Option Identifier: 990AINOW EXP 03-17-17(0204.000 OPTION ROOT= SPY Underlying Security Identifier: SPY Underlying Security Price: $223.53 12/15/16 1.000 1.7070 170.68 1.6100 161.00 -9.68 PUT 100 SPDR SSP 500 ETF TR TR UNIT Option Identifier: 990AG0580 EXP [email protected] OPTION ROOT= SPY Underlying Security Identifier: SPY Underlying Security Price: $223.53 12/16/16 1.000 4.1210 412.08 4.3900 439.00 26.92 Total Options $227.81 $593.00 $38519 $0.00 Total Equities $194,370.70 $299,414.20 $89,439.50 $4,511.00 Unrealized Estimated Estimated Date Acquired Quantity Unit Cost Cost Bub Market Price Madrid Value Gain/Loss Annual Income Yield Exchange-Traded Products 16.00% of Portfolio ISHARES TR MSCI INDIA ETF Dividend Option: Cash: Capital Gains Option: Cash 09/13/16 ' 300.000 292790 SPDR GOLD TR GOLD SHS Dividend Option: Cash: Capital Gains Option: Cash 06/27/16 100.000 126.8050 07/15/16 100.000 126.5420 Total Noncovered 200.000 Total 200.000 Cost Basis Market Price Market Value Unrealized Gain/Loss Estimated Estimated Annual Income Yield Security Identifier: INDA CUSIP: 46429B598 8,783.56 26.8100 Security Identifier: GLD CUSIP: 78463V107 12,680.47 109.6100 12,654.22 109.6100 25,334.69 $25,334.69 8,043.00 10,961.00 10,961.00 21,922.00 $21,922.00 -740.56 -1,719.47 -1,69322 -3,412.69 -$3,412.69 72.74 0.90% $0.00 Page 6 of 19 Account Number: Rated (stollen( PAR 02 ROLL cso papedess Every Yost Um* 2007 IRA FB0 AVRAM NOAM CHOMSKY ASK rOttIVCRY OA LENA RATED COMMUNICATIONS EXCELLENCE Osom staysosmons ua. SloS, Owned •Senai • Ile s Os* 90 Nat V.% likillenCommiailen ••••••0tY osinsuou.C. mister sessA tan VC EFTA00791745 Pershing Advisor Solutions LLC, a BNY Mellon company One Pershing Plaza, Jersey City, NJ 07399 (877) 870-7230 Member FINRA, SIPC BAINCO international Beneficiary Investors Account Statement Portfolio Holdings (continued) Date Acquired Quantity Unit Cost Cost Bash Market Price Market Value Statement Period: 12/01/2016 - 12/31/2016 Unrealized Estimated Estimated Gain/loss Annual Income Yield Exchange-Traded Products (continued) SELECT SECTOR SPDR TR MATIS Security Identifier: XLB Dividend Option: Cash: Capital Gains Option: Cash CUSIP: 81369Y100 11/15/16' 300.000 48.0710 14,421.36 49.7000 14,910.00 488.64 290.69 1.94% VANGUARD FTSE DEVELOPED MARKETS Security Identifier: YEA ETF CUSIP: 921943858 Dividend Option: Cash: Capital Gains Option: Cash 11/25/13 300.000 41.0150 12,304.57 36.5400 10,962.00 -1,342.57 33420 3.04% WANGUARD INTL EQUITY INDEX FD INC FTSE Security Identifier: VEU ALL WORLD EX US INDEX FD ETFS SHS CUSIP: 922042775 Dividend Option: Cash: Capital Gains Option: Cash Please Provide' 200.000 N/A Please Provide 44.1800 8.836.00 NIA 261.60 2.96% Total Exchange-Traded Products $60,844.18 $64,673.00 -$5,007.18 $959.23 Unrealized Accrued Estimated Cost Basis Market Value Galn/Loss Interest Annual Income Total Portfolio Holdings $264,778.94 $393,651.26 $84,432.32 $0.00 $5,475.20 • Noncovered under the cost basis rules as defined below. Securities acquired before 2011 or in retirement accounts are generally not subject to the new cost basis reporting rules set forth in the Internal Revenue Code of 1986, as amended ('IRC') (incorporating amendments enacted by P.L.110-343, the Emergency Economic Stabilization Act of 2008) and are, therefore, considered "noncovered' under the new cost basis reporting rules, and marked or denoted as such. All other securities in this section are securities which are "covered' under the new cost basis reporting rules. Securities which are 'covered' under the new cost basis reporting rules are defined as non-retirement. US taxpayers securities which have been acquired on or after thee 'applicable date(s)" at which they are subject to the cost basis reporting rules and the adjusted basis will be reported to the IRS on form 1099-B for the applicable tax year in which the security is disposed. Reporting requirements generally will be phased in over a three-year period, as follows: • Stock in a corporation acquired on or after January 1.2011 • Mutual funds and dividend reinvestment plan (DRP) shares acquired on or after January 1, 2012 • Options and any Debt Instruments that provide a simple fixed payment schedule for which a yield to maturity can be easily determined acquired on or after January 1, 2014. 3 The cost basis of this security has been provided to us by you or your introducing firm and Pershing makes no representation as to the accuracy of this information. $ Unrealized gains and losses are not reported for securities for which cost basis or market value is not available. Page 7 of 19 Account Number: •• • •• ExC•110011 PAR 0/ RCM I Go paperless aik ) Ve.t SM." 2007 IRA F8O AVRAM NOAM CHOMSKY ASR APR" it.01-LIVCRY OMAAR RATED COMMUNICATIONS D(CCUINCE Oslo. IRRNOSIMIniel.1.0.• ROW. awned siAaRlbov RI TS, Omni el Nem Yet 0•••••••••• Ran ARensupU.C. Rooter MIA Milt WC EFTA00791746 Portfolio Holdings Disclosures Pricing This section includes the net market value of the securities in your account on a settlement date basis, including shod positions, at the dose of the statement period. The market prices, unless otherwise noted, have been oldained from independent vendor services, which we believe to be reliable. Market prices do not constitute a bid or an offer, and may differ from the actual sale price. Securities for which a price is not available are marked 'NIA' and are omitted from the Total. THE AS OF PRICE DATE ONLY APPEARS WHEN THE PRICE DATE DOES NOT EQUAL THE STATEMENT DATE. Estimated Annual Figures The estimated annual income (EAI) and estimated annual yield (EAY) figures are estimates and for informational purposes only. These figures are not considered to be a forecast or guarantee of future results. These figures are computed using information from providers believed to be reliable; however, no assurance can be made as to the accuracy. Since interest and dividend rates are subject to change at any time, and may be affected by current and future economic, political, and business conditions, they should not be relied on for making investment, trading. or tax decisions. These figures assume that the position quantities, interest and dividend rates, and prices remain constant. A capital gain or return of principal may be included in the figures for certain securities, thereby overstating them. Refer to mvw.pershing.comlbusiness_confinuity.html for specific details as to formulas used to calculate the figures. Accrued interest represents interest earned but not yet received. Reinvestment The dollar amount of Mutual Fund distributions, Money Market Fund dividend income, Bank Deposit interest income, or dividends for other securities shown on your statement may have been reinvested. You will not receive confirmation of these reinvestments. Upon written request to your financial institution, information pertaining to these transactions, including the time of execution and the name of the person from whom your security was purchased, may be obtained. In dividend reinvestment transactions, Pershing acts as your agent and receives payment for order flow. Option Disclosure Information with respect to commissions and other charges incurred in connection with the execution of option transactions has been included in confirmations previously furnished to you. A summary of this information is available to you promptly upon your written request directed to your introducing firm. In order to assist your introducing firm in maintaining current background and financial information concerning your option accounts, please promptly advise them in writing of any material change in your investment objectives or financial situation. Expiring options which are valuable are exercised automatically pursuant to the exercise by exception procedure of the Options Clearing Corporation. Additional information regarding this procedure is available upon written request to your introducing firm. Foreign Currency Transactions Pershing may execute foreign currency transactions as principal for your account. Pershing may automatically convert foreign currency to or from U.S. dollars for dividends and similar corporate action transactions unless you instruct your financial organization otherwise. Pershing's currency conversion rate will not exceed the highest interbank conversion rate identified from customary banking sources on the conversion date or the prior business thy, increased by up to 1%, unless a particular rate is required by applicable law. Your financial organization may also increase the currency conversion rate. This conversion rate may differ from rates in effect on the date you executed a transaction, incurred a charge, or received a credit. Transactions converted by agents (such as depositories) will be billed at the rates such agents use. Proxy Vote Securities not fully paid for in your margin account may be lent by Pershing to itself or others in accordance with the terms outlined in the Margin Agreement. The right to vote your shares held on margin may be reduced by the amount of shares on loan. The Proxy Voting Instruction Form sent to you may reflect a smaller number of shares entitled to vote than the number of shares in your margin account. Papa of 19 Account Number Rsted Emollont pAR 02 ROI GO paperleSS Fiery VAN SIAM 2007 IRA F8O AVRAM NOAM CHOMSKY AIR A11O4tt taLIVERY OAL OAR RATED COMMUNICATIONS D(CCIACNCE Oa. arsosIersits LLO.• vitae awl sersiet•I TOR FR M Non Yet SlIonOnionen —5 hanimpUC. minter MIRA Mit ROC EFTA00791747 Pershing Advisor Solutions LLC, a BNY Mellon company One Pershing Plaza, Jersey City, NJ 07399 (877) 870-7230 Member FiNRA, SIPC BAINCO international Beneficiary Investors Account Statement Activity Summary (All amounts sham are in base currency) Credits This Period Debits This Period Net This Period Statement Period: 12/01/2016 - 12/31/2016 Credits Year-to-Date Debits Year-to-Date Net Year-to-Date Securities Securities Bought 0.00 -582.76 -582.76 0.00 -135.166.76 -135,166.76 Securities Sold 0.00 0.00 0.00 221,378.99 0.00 221.378.99 Total Securities $0.00 -$582.76 -$582.76 8221,378.99 -$135,166.76 $86,212.23 Dividends and Interest $1,067.04 $0.00 $1,067.04 $6,756.63 $0.00 $6,756.63 Fees $0.00 $0.00 $0.00 $0.00 -$5,762.00 45,762.00 Cash Withdrawals 0.00 0.00 0.00 0.00 -200,000.00 -200.000.00 Deposits 0.00 0.00 0.00 100.299.51 0.00 100299.51 Total Cash $0.00 $0.00 $0.00 $100,299.51 4200,000.00 499,700.49 FDIC Insured Bank Deposits $582.76 41,002.04 4419.28 $171,174.93 4158,616.30 $12,558.63 Totals $1,649.80 41,584.80 $65.00 $499,610.06 -$499,545.06 $65.00 Transactions by Type of Activity Process/ Trade/ Settlement Transaction Date Date Activity Type Securities Bought and Sold 12/16/16 12/15/16 PURCHASED 99OAIN0Nlo Description Quantity Price Accrued Interest Amount Currency 12/19/16 12/16/16 PURCHASED 99OAGO58O PUT 100 SPDR SW 500 ETF TR TR UNIT EXP [email protected] OPTION ROOT= SPY OPENING TRANSACTION ALLOCATED ORDER ENTERED ON 12/15/201 EXCHANGE LISTED PUT 100 SPCA S&P 500 ETF TR TR UNIT EXP [email protected] OPTION ROOT= SPY OPENING TRANSACTION ALLOCATED ORDER ENTERED ON 12/16/201 EXCHANGE LISTED 1.000 1.6063 1.000 4.0204 -170.68 USD -412.08 USD Page 9 of 19 Account Number liMe0 ExColl*M PAP O2, 14OLL GO papedess 436 :). Ivory Yam Ufa 2007 IRA FBO AVRAM NOAM CH0MSKY ASK MOuT °MIMIRATED COMMUNICATIONS DCCELLENCE Oppea. att.. ono.", u.< emned stesabn 0 no d-- ma...a mat Ca__— OS" , nowt. kc N. seC EFTA00791748 Transactions by Type of Activity Process/ Trade/ Settlement Transaction Date Date Activ T to Securities Bought and Sold (continued) 12/19/16 YOUR OPTION EXPIRED 990ADWX5R 12/19/16 YOUR OPTION EXPIRED 990AIOJTB (continued) Beset Ion slant' Price Accrued Interest PUT 100 SPDR S&P 500 ETF TR TR UNIT EXP [email protected] OPTION ROOT= SPY SPY CLOSING TRANSACTION PUT 100 SPDR S&P 500 ETF TR TR UNIT EXP [email protected] OPTION ROOT= SPY SPY CLOSING TRANSACTION 2.000 2.000 Total Securities Bought and Sold Dividends and Interest 12/01/16 CASH DIVIDEND RECEIVED 88T CASH DIVIDEND RECEIVED TJX CASH DIVIDEND RECEIVED JNJ CASH DIVIDEND RECEIVED V CASH DIVIDEND RECEIVED XOM CASH DIVIDEND RECEIVED HON CASH DIVIDEND RECEIVED UNH CASH DIVIDEND RECEIVED KO CASH DIVIDEND RECEIVED HD 12/01/16 12/06/16 12/06/16 12/09/16 12/09/16 12/13/16 12/15/16 12/15/16 12/16/16 FDIC INSURED BANK DEPOSITS INTEREST RECEIVED 761991108 12/27/16 CASH DIVIDEND RECEIVED XIS 12/27/16 CASH DIVIDEND RECEIVED VEU 12/28/16 CASH DIVIDEND RECEIVED INDA 12/29/16 CASH DIVIDEND RECEIVED VEA 200 SHRS 88&T CORP COM RD 11/10 PD 12/01/16 200 SHRS TJX COS INC NEW COW RD 11/10 PD 12/01/16 200 SHRS JOHNSON & JOHNSON COM RD 11/22 PD 12/06/16 200 SHRS VISA INC COM CL A RD 11/18 PD 12/06/16 100 SHRS EXXON MOBIL COPP COM RD 11/10 PD 12/09/16 200 SHRS HONEYWELL INTL INC COM RD 11/18 PD 12/09/16 100 SHRS UNFTEDHEALTH GROUP INC COM RD 12/02 PD 12/13/16 200 SHRS COCA COLA COMPANY RD 12/01 PD 12/15/16 100 SHRS HOME DEPOT INC COM RD 12/01 PD 12/15/16 LIQUID INS DEPOSITS INTEREST CREDITED 300 SHRS SELECT SECTOR SPDR TR MATLS RD 12/20 PD 12/27/16 200 SHRS VANGUARD INTL EQUIP/ INDEX FD INC FTSE ALL WORLD EX US INDEX FD ETES SHS RD 12/22 PD 12/27/16 300 SHRS 'SHARES TR MSCI INDIA ETF RD 12/23 PD 12/28/16 300 SHRS VANGUARD FTSE DEVELOPED MARKETS ETF RD 12/27 PD 12/29/16 Amount Cunene 0.00 USD 0.00 USD $0.00 -$582.76 USD 60.00 USD 52.00 USD 160.00 USD 33.00 USD 75.00 USD 133.00 USD 62.50 USD 70.00 USD 69.00 USD 0.25 USD 100.23 USD 75.00 USD 22.06 USD 90.00 USD Page 10 of 19 PAH 0./ M(]II Account Number: Rated MC011eat Go paperiess t . D 2°°7 IRA F80 AVRAM NOAM CHOMSKY Ale Neal r e011. IVOR, DALSAlt RATED COMNiuNICATiONS EXCELLENCE Catteenwayeerayea WI • etwet anti ems." tre Reese* el teat Yoe Sawa Cemeestee EFTA00791749 Pershing Advisor Solutions LLC, a BNY Mellon company One Pershing Plaza, Jersey City, NJ O7399 (877) 87O-723O Member FINRA, SIPC BAINCO international Beneficiary Investors Account Statement Transactions by Type of Activity (continued) Process/ Trade/ Settlement Transaction Date Date Activity Type Description Quantity Price Statement Period: 12/01/2016 - 12/31/2016 Accrued Interest Amount Currency Dividends and Interest (continued) 12/30/16 CASH DIVIDEND RECEIVED 400 SHRS BANK AMER CORP COM RD 12/02 PD 12/30/16 30.00 USD BAC 12130/16 CASH DIVIDEND RECEIVED 500 SHRS FORTIVE CORP COM RD 11/25 PD 12/30/16 35.00 USD FTV Total Dividends and Interest 80.00 $1,067.04 USD FDIC Insured Bank Deposits 12/02/16 FDIC INSURED BANK DEPOSIT LIQUID INS DEPOSITS -112.00 USD USD999997 12/07/16 FDIC INSURED BANK DEPOSIT LIQUID INS DEPOSITS -193.00 USD USD999997 12/12/16 FDIC INSURED BANK DEPOSIT LIQUID INS DEPOSITS -208.00 USD USD999997 12/14/16 FDIC INSURED BANK DEPOSIT LIQUID INS DEPOSITS -62.50 USD USD999997 12/16/16 FDIC INSURED BANK DEPOSIT LIQUID INS DEPOSITS -139.00 USD USD999997 12/16/16 FDIC INSURED BANK LIQUID INS DEPOSITS INTEREST REINVESTED -0.25 USD DEPOSITS INTEREST REINVESTED 761991108 12/19/16 FDIC INSURED BANK LIQUID INS DEPOSITS 582.76 USD WITHDRAWAL USD999997 12/28/16 FDIC INSURED BANK DEPOSIT LIQUID INS DEPOSITS -175.23 USD USD999997 12/29/16 FDIC INSURED BANK DEPOSIT LIQUID INS DEPOSITS -22.06 USD USD999997 12/30/16 FDIC INSURED BANK DEPOSIT LIQUID INS DEPOSITS -90.00 USD USD999997 Total FDIC Insured Bank Deposits .00 -$419.28 USD Total Value of Transactions 80.00 865.00 USD The price and quantity displayed may have been rounded. Page 11 of 19 PAR 0) ROI I Account Number: MORK. OM ExColl Go paperless t , Fan Vw Saw 2007 IRA FRO AVRAM NOAM CHOMSKY ASK MOUT t.ODIVERY °MAAR RATED COMMUNICATIONS D(CELLENCE 01t siososImmos U. noes eats .11110ffity TS, •-• es woe vont WOW CAPPIPPSII SAWN nmisou.C. ammo Mem wit Yin EFTA00791750 Cash Not Yet Received Security Record Date Payable Date Quantity Held Rate Dividend Option Amount of Payment Dividends DISNEY WALT CO DISNEY COM 12/12/16 01/11/17 100.000 0.780000 Cash 78.00 GENERAL ELECTRIC CO COM 12/27/16 01/25/17 300.000 0.240000 Cash 72.00 Total Cash Not Yet Received $150.00 Assets shown here are not reflected in your account. This information has been received from sources we believe to be reliable. Pershing does not guarantee the accuracy of the information. Retirement Account Transactions This Peeled Year4o-Date This Period Year-to-Date Distributions Death 0.00 -100.000.00 0.00 0.00 Total Distributions $0.00 -$100,000.00 $0.00 $0.00 Tax Year —2016 Tax Year —2015 NOTE: The amounts shown in the Year-to-Date columns are aggregate amounts of all transactions conducted for a particular transaction type. Income and Expense Summary Current Period Tax Defend Year-to-Date Tax Deferred Dividend Income Equities 779.50 5.313.00 Other Dividends 287.29 1.438.66 Interest Income FDIC Insured Bank Deposits 0.25 4.97 Total Dividends, Interest, Income and Expenses $1,067.04 $6,756.63 FDIC Insured Bank Deposits Date Activity Type Description Amount Balance Sweep FDIC Insured Bank Deposits LIQUID INSURED DEPOSITS Activity Ending: 12/30/16 12/01/16 Opening Balance 29,079.78 29,079.78 12/02/16 Deposit DEPOSIT 112.00 29,191.78 12/07/16 Deposit DEPOSIT 193.00 29,384.78 12/12/16 Deposit DEPOSIT 208.00 29,592.78 12/14/16 Deposit DEPOSIT 62.50 29,655.28 12/15/16 Deposit INTEREST CREDITED 0.25 2%655.53 12/16/16 Deposit DEPOSIT 139.00 2%794.53 YIELD .01% FIRST TENNESEE BANK, NO 12/16 $29,794.53 12/19/16 Withdrawal WITHDRAWAL -582.76 29,211.77 12/28/16 Deposit DEPOSIT 175.23 2%387.00 Page 12 of 19 Acoaunt Number: Ribto0 E Co M PARO Ot REM paperleSS Even Pout Same 2007 IRA FB0 AVRAM NORM CHOMSKY ASK ASOuT eibnivtIEr OALEAR RATED COMMUNICATIONS EXCELLENCE Cisme Ways OnWrg U.O. • wan 1, amid •••••••••• Times* Now Verb ill•••••• Cimmispapri 111•14.0 Pea. TLC owNetnNIta tan WC EFTA00791751 Pershing Advisor Solutions LLC, a BNY Mellon company One Pershing Plaza, Jersey City, NJ O7399 (877) 87O-723O member. MIRA, SIPC BAINCO international Beneficiary Investors Account Statement FDIC Insured Bank Deposits (continued) Dale Activity Type Description Statement Period: 12/01/2016 - 12/31/2016 Amount Balance Sweep FDIC Insured Bank Deposits (continued) LIQUID INSURED DEPOSITS (continued) 12/29/16 Deposit DEPOSIT 22.06 29,409.06 12/30/16 Deposit DEPOSIT 90.00 29,499.06 12/30/16 Closing Balance $29,499.06 Total FDIC Insured Bank Deposits $29,499.06 The FDIC Insured Bat* Deposits are not securities and are not covered by the Securities Investor Protection Corporation (SIPC). The Bank Deposits at each bank are insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000 for each category of legal ownership inducing individual retirement accounts and certain other self 'titled retirement accounts. Please review this in connection with other deposits you may have at each respective bank. Schedule of Realized Gains and Losses Year-to-Date Description Date Disposed Date Acquired Designation Disposition Method / Transaction Quantity Proceeds Cost Basis Realized Gain/Loss Short Term ISHARES INC EDGE MSC 09/12/16 07/19/16 Noncovered. High Cost Long Term / SELL 275.000 14.478.68 14,519.75 41.07 VOLATILITY EMERGING MARKETS ET F Security Identifier MERCIES TR MSCI 11/03/16 05/27/16 Noncovered. High Cost Long Term / SELL 350.000 16,009.37 16,130.79 -121.42 Security kfenti6er VISA INC COM C 09/08/16 Please Provide Unallocated...2 High Cost Long Term / SELL 200.000 16,662.59 Please Provide N/A Security Identifie Pagan of 19 pAlt02410u Amount Number. IRA FBO AVRAM NOAM CHOMSKY Go paperless Ask ASCOT umuvutv at . Rag.. Excelloon &an Yaw Same 2007 OALSAR RATED COMMUNICATIONS DCCELLENCE arm. ua2.•••••• mom. ordiaaa0 lit T1. Omni el ,a.— ran Oniony' 111•110.0 halal. Lit. canter MIKA tSOC EFTA00791752 Schedule of Realized Gains and Losses Year-to-Date Date Date Descri lton Dis sed Ac uited Desi nation (continued) Dis sition Method / Transaction 0uantl Proceeds Cost Basis Realized Gain/Loss Short Term (continued) PUT SPDR S8P 500 ET 12/19/16 07/1,3;16 Noncovered' High Cost Long Term / EXPIRE 2.000 0.00 646.56 -646.56 195.00 OPTION Security Identifier PUT SPDR S8P 500 ET 06/20/16 10/12/15 Noncoveredt 1 High Cost Long Term / EXPIRE 2.000 0.00 1.767.02 •1/67.02 190.00 OPTION Security Identifier: PUT SPDR S8P 500 ET 02/11/16 11/04/15 Noncoyered. High Cost Long Term / SELL 2.000 2.693.39 822.58 1.870 81 195.00 Security Identifier: PUT SPDR S8P 500 ET 09/13/16 06/06/16 Noncoyered. High Cost Long Term / SELL 2.000 51.46 661.34 -609 as 195.00 Security Identifier: PUT SPDR S8P 500 ET 07/18/16 03/ 1/16 Noncoyered. High Cost Long Term / EXPIRE 2.000 0.00 992.19 -99219 190.00 OPTION Security Identifier: PUT SPDR S8P 500 ET 12/19/16 08/22/16 Noncoyered. High Cost Long Term / EXPIRE 2.000 0.00 691.66 69186 - 204.00 OPTION Security Identifier: CALL SPDR GOLD TR GO 10/06/16 06/27/16 Noncoyered. High Cost Long Term / BUY -1.000 567 76 20.04 547 72 126.00 Security Identifier Total Short Tenn 50.463.25 36.251.93 -2.451.27 Long Term CHUBB LTD COM ISIN#C 1021/16 04/02/12 Noncovered4 High Cost Long Term / SELL 100.000 12.150.13 7.442.49 4.707.64 5 Security Identifier: Page 14 of 19 PAP 0 / RCM I Account Number ed Rat Emc•Xent Go paperless te , Sir " 2 °° 7 IRA FB0 AVRAM NOAM CHOMSKY L. AS:J to T covt stv DALSAR RATED COMMUNICATIONS EXCELLENCE Cie.. ...ay.. MAP. Ile. not/Aft and easyairy M PM On* OS New VAS Won ComeeMpa Slope Apar, OA M... ISO LA MSC 1.0C EFTA00791753 Pershing Advisor Solutions LLC, a BNY Mellon company One Pershing Plaza, Jersey City, NJ 07399 (877) 870-7230 member FINRA. SIPC BAINCO international Beneficiary Investors Account Statement Schedule of Realized Gains and Losses Year-to-Date Date Date Description Disposed Acquired Designation (continued) Disposition Method / Transaction Quantity Statement Period: 12/01/2016 - 12/31/2016 Realized Proceeds Cost Basis Gain/Loss Long Term (continued) ADVANSIX INC 11/23116 07/08/10 Noncoyered- High Cost Long Term / SELL 8.000 142.65 42.84 99.81 Security Idenfifia CLSCO SYSTEMS INC 10,/21/16 09/21/12 Noncoyeree• I High Cost Long Term / SELL 300.000 8,98330 5.701.21 3.282.09 Security Identifier DISNEY WALT CO DISNE 10/21/16 02/09/12 Noncoyeree• I High Cost Long Term / SELL 100.000 9,115.75 4.15179 4,961.96 Security Identifier: DUKE ENERGY CORP NEW 0'2./01/16 01/14/13 Noncoyeree High Cost Long Term / SELL 300.000 23,024.02 19,694.11 3,329.91 Security Identifier FLEETCOR TECHNiii• 10/21/16 12/15/10 Noncoyeree• I High Cost Long Term / SELL 100.000 17,252.61 2,678.55 14,574.06 Security Identifier: HONEYWELL INTL INC C 09/08/16 07/08/10 Noncoyeree• I High Cost Long Term / SELL 100.000 11.390.40 4.046.42 7.343.98 Security Identifier: ISHARES TR MSCI EAFE 11/03/16 11/01/11 Noncoyered. • I High Cost Long Term / SELL 100.000 6.472.35 5.413.58 1.058.77 F Security Identifier: OCCIDENTAL PETE CORP 02/02/16 05/21/10 Noncoyered. High Cost Long Term / SELL 100.000 6.526.15 7.626.27 -1.100.12 Security Identifier: PFIZER INC COM 10/07/16 08/17/10 Nonapypreas.1 High Cost Long Term / SELL 300.000 10.029.23 4.914.45 5.114.78 Security Identifier Page 15 of 19 PARO2AOLL Account Number IRA FBO AVRAM NOAM CHOMSKY Go paper-less AMAX/00T tOftiveRY (t) R740 Ocollon Ivory VALt Sera 2007 OALEAR RATED COMMUNICATIONS EXCELLENCE CI•••••• Omagh MOS" We. • .b../ (Sid eaSteaur 11. Os* 1•••• Verb lik•on C••••••••••• SOY _. EFTA00791754 Schedule of Realized Gains and Losses Year-to-Date Date Date Description Disposed Acquired Designation (continued) Disposition Method/Transaction Quantity Proceeds Cost Bash Realized Gain/Loss Long Term (continued) SCHWAB STRATEGIC TR 07/20/16 02105/15 Noncoveredt I High Cost Long Term / SELL 600.000 16,588.33 17.921.52 -1,333.19 V ETF Security Identifier: SELECT SECTOR Siii. 10/21/16 09/13/12 Noncoveredt I High Cost Long Term / SELL 200.000 9,372.49 7,591.14 1,781.35 Security Identifier: SELECT SECTOR SPQR T 09/23/16 02/21/12 Noncoveredt I High Cost Long Term / SELL 100.000 5,074.31 3,505.80 1,568.51 Security Identifier: V F CORP COM 02/01/16 01/20/12 Noncovered. High Cost Long Term / SELL 400.000 25,36951 13,362.48 12,007.03 Security Identifier: WELLS FARGO 8 CO NEW 10/11/16 10/11/13 Noncoveredt I High Cost Long Term/SELL 200.000 9,069.56 8,240.48 829.08 Security Identifier: Total Long Tenn 170,560.79 112,335.13 58.225.66 Total Short and Long Term 221,024.04 148,587.06 55,774.39 • Nonoovered under the cost basis rules as defined below. Securities acquired before 2011 or in retirement accounts are generally not subject to the new cost basis reporting rules set forth in the Internal Revenue Code of 1986. as amended ('IRC') (incorporating amendments enacted by P.L.110-34S. the Emergency Economic Stabilization Act of 2008) and are. therefore, considered 'noncovered," under the new cost basis reporting rules, and marked or denoted as such. All other securities in this section are securities which are 'covered' under the new cost basis reporting rules. Securities which are 'covered' under the new cost basis reporting rules are defined as non-retirement, US taxpayers securities which have been acquired on or after their 'applicable date(s)' at which they are subject to the cost basis reporting rules and the adjusted basis will be reported to the IRS on form 1099-B for the applicable tax year in which the security is disposed. Reporting requirements generally will be phased in over a three-year period, as follows: • Stock in a corporation acquired on or after January 1, 2011 • Mutual funds and dividend reinvestment plan (DRP) shares acquired on or alter January 1.2012 • Options and any Debt Instruments that provide a simple fixed payment schedule for which a yield to maturity can be easily determined acquired on or after January 1, 2014. This Schedule may not reflect all cost basis adjustments necessary for tax reporting purposes, especially for noncovered securities. Adjustments to cost basis may have been made for prior income received and subsequently reclassified by the issuer as a return of capital. In addition, corporate action events may require adjustments to your original cost basis. Return of capital information and cost basis information, as it relates to corporate actions, has been obtained from sources we believe to be reliable. Adjustments to cost basis can be made after year-end, in particular, for return of capital adjustments, but may also include adjustments for corporate action events. Therefore there may be differences in cost basis reflected on your monthly client brokerage statement at year end versus any subsequent reports, including your 1099-B or online displays you may have available to you. Page 16 of 19 Account Number MENNE ExCelhont "77 O/ RCM Go paperless t t ivory That SM.re 2007 IRA FB0 AVFIAM NOAM CHOW& WSJ( NOW' DI • 'VERY OALSAlt RATED COMNIUNICATiONS EXCELLENCE Oslo. Sta.. •••••••••UX nhalit w el TO. Owe Now Yen Ma. Cenesece. hilha. IA< moms. r4RA Nv SC WC EFTA00791755 Pershing Advisor Solutions LLC, a BNY Mellon company One Pershing Plaza, Jersey City, NJ 07399 (877) 870-7230 Member FINRA, SIPC BAINCO Schedule of Realized Gains and Losses Year-to-Date (continued) international Beneficiary Investors Account Statement Statement Period: 12/01/2016 - 12/31/2016 When you report your cost basis on your tax return, it should be verified using all of your own records. In particular, there may be other adjustments which you need to make, but are not required to be made by Pershing as it relates to H.R. 1424. You should consult with your tax advisor in order to properly report your gain or loss for tax purposes. Pershing shall not be responsible for and makes no representations or warranties with respect to the accuracy of any information that you report to the IRS or other taxing authorities, and, accordingly. disclaims any and all liability that may arise with respect to your use and reliance on the information provided herein for such reporting. 1 The cost basis of this security has been provided to us by you or your introducing firm and Pershing makes no representation as to the accuracy of this information. 2 Realized gains and losses are not reported for securities for which cost basis or proceeds are not available. Please refer to the Your Account Information Section in your brokerage account statement for your account's existing tax4ot disposition method. The disposition method is the method which you have selected to use in the disposal of each tax lot of the securities held in your account. If you do not select a method, your account will be defaulted to First In. First Out (FIFO). Your accounts selected tax lot method will be used to determine the cost basis for calculating gain and/or loss, unless another method was selected at the time of the security disposal, and this may be reported on the IRS Form 1099-B. Messages According to our records, you are the beneficiary of retirement account assets in your inherited account with our firm. If you inherited retirement assets from someone other than your spouse. or if you are the spouse beneficiary and chose not to treat the assets as your own, tax laws generally require you take a required minimum distribution (RMD) from the inherited amount by December 31 of each year. You may choose to take these RMDs over your lifetime. Alternatively, if the original retirement account owner was not subject to RMDs from his or her retirement account, you can choose to distrioute the total balance of your inherited retirement account within five years of the original retirement account owner's death. However, failure to distribute the RMD amount by the applicable deadline could result in a penalty to be paid by you to the IRS and perhaps to your state of residence for tax purposes. Pershing does not provide tax or legal advice. Due to the complexity of RMD requirements for inherited accounts, we strongly suggest you speak with your tax professional regarding your distribution requirements and the options available to you. Although a money market mutual fund seeks to preserve the value of your investment at $1 per share, it is possible to lose money by investing in a money market mutual fund. Shares of a money market mutual fund or the balance of a bank deposit product held in your brokerage account may be liquidated upon request with the proceeds credited to your brokerage account. Please see the money market mutual fund's prospectus or the bank deposit product's disclosure document or contact your advisor for additional information. Pursuant to SEC Rule 10b-10(b)(1) confirmations are not sent for purchases into money market mutual funds processed on the sweep platform. FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC)-INSURED BANK DEPOSITS ARE NOT PROTECTED BY SECURITIES INVESTOR PROTECTION CORPORATION (SIPC). YOU MAY VIEW CURRENT MONEY MARKET FUND RATES BY VISITING WWW.PERSHING.COM AND SELECTING THE LINK AT THE BOTTOM OF THE PAGE TITLED 'MONEY MARKET MUTUAL FUND & FDIC-INSURED DEPOSITS PROGRAM RATES & BANK LISTS". PLEASE NOTE THAT WE MAY NOT OFFER ALL OF THE MONEY MARKET FUNDS LISTED ON THE PERSHING WEBSITE. FEDERAL AND STATE TAX WITHHOI DING FOR RETIREMENT ACOOIINTH-You may, at any time, designate or change the federal and state income tax withholding election for distributions from your individual retirement account or qualified retirement plan by contacting your advisor or financial organization. Please note that if you do not have enough federal or state income tax withheld, you may be responsible for payment of estimated taxes and penalties that may apply. Electronic delivery of account communications can make managing your financial information easier-and tax documents are no exception. You can have anywhere, anytime access including the ability to download and email tax documents to your accountant. E-delivery is the convenient way to approach tax season! If you're enrolled in e-delivery for account statements, but not tax documents, simply click the "Go Papetkss" icon when you log in. Please contact your financial advisor or investment professional for more information. The U.S. will adopt a shortened settlement timeframe beginning with trade date September 5. 2017. for equities, corporate and municipal bonds, and unit investment trusts. Moving from a 143 to a 142 settlement cycle will provide faster access to sale proceeds, but it also means that funds will be due on purchase transactions earlier. This may be a good time to consider e-delivery of your account documents-including trade confirmations, account statements and more. Ask your advisor about how you can set up e-delivery. Page 17 of 19 Account Number Rated Emcollont PAP 0 2, ROI Go paperless unity Vow Stowe 2007 IRA FB0 AVRAM NOAM CHOMSKY ASA AbOUT rep( °POP, !MIAMI COMMUNICATIONS EXCELLENCE g al.. Spy. . 110.• WPM. ewer Sa ne el PS' el W V.. 11.14. Gooppan Sara Ammo. WC. mister AMA MY. Sec EFTA00791756 Important Information and Disclosures The Role of Pershing • Pershing carries your account as dewing broker pursuant to a clearing agreement with your financial institution. Pershing may accept from your financial institution without inquiry or investigation (i) orders for the purchase and sale of securities and other property and (ii) any other instructions concerning your account. Pershing is not responsible or liable for any acts or omissions of your financial institution or its employees and it does not supervise them. Pershing provides no investment advice nor does it assess the suitability of any transaction or order. Pershing acts as the agent of your financial institution and you agree that you will not hold Pershing or any person controlling or under common control with it liable for any investment losses incurred by you. • Pershing performs several key functions at the direction of your financial institution. It acts as custodian for funds and securities you may deposit with it directly or through your financial institution or that it receives as the result of securities transactions it processes. • Your financial institution is responsible for adherence to the securities laws, regulations and rules which apply to it regarding its own operations and the supervision of your account, its sales representatives and other personnel. Your financial institution is also responsible for approving the opening of accounts and obtaining account documents; the acceptance and, in certain instances, execution of securities orders; the assessment of the suitabiity of those transactions, where applicable: the rendering of investment advice, if any. to you and in general, for the ongoing relationship that it has with you. • Inquiries concerning the positions and balances in your account may be directed to the Pershing Customer Service Department at (201) 413-3333. All other inquiries regarding your account or activity should be directed to your financial institution. Your financial organization's contact information can be found on the first page of this statement. • For a description of other functions performed by Pershing please consult the Disclosure Statement provided to you upon the opening of your account. This notice is not meant as a definitive enumeration of every possible circumstance, but as a general disclosure. If you have any questions regarding this notice or if you would like additional copies of the Disclosure Statement, please contact your financial institution. • Pershing is a member of the Securities Investor Protection Corporation (SIPC'). Please note that SIPC does not protect against loss due to market fluctuation. In addition to SIPC protection, Pershing provides coverage in excess of SIPC limits. For more detailed information please visit: vivnv.pershing.comraboutistrength-andstability. • This statement will be deemed conclusive. You are advised to report any inaccuracy or discrepancy (including unauthorized trading) promptly. but no later than ten days after receipt of this statement, to your financial organization and Pershing. Please be advised that any oral communication should be re-confirmed in writing to further protect your rights. inducing your rights under the Securities Investor Protection Act. • Your financial organization's contact information can be found on the first page of this statement. Pershing's contact information is as follows: Pershing LLC, Legal Department. One Pershing Plaza. Jersey City, New Jersey 07399; (201)413-3330. Errors and Omissions excepted. Important Arbitration Disclosures • All parties to this agreement are giving up the right to sue each other in cowl, including the right to a trial by jury, except as provided by the rules of the arbitration forum in which a claim is filed. • Arbitration awards are generally final and binding: a party's ability to have a court reverse or modify an arbitration award is very limited. • The ability of the parties to obtain documents, witness statements and other discovery is generally more limited in arbitration than in court proceedings. • The arbitrators do not have to explain the reason(s) for their award, unless, in an eligible case, a joint request for an explained decision has been submitted by all parties to the panel at least 20 days prior to the first scheduled hearing date. • The panel of arbitrators will typically include a minority of arbitrators who were or are affilated with the securities industry. • The rules of some arbitration forums may impose time limits for bringing a claim in arbitration. In some cases, a claim that is ineligible for arbitration may be brought in court. • The rules of the arbitration forum in which the claim is filed, and any amendments thereto, shall be incorporated into this agreement. Important Arbitration Agreement My controversy between you and Pershing LLC shall be submitted to arbitration before the Financial Industry Regulatory Authority. No person shall bring a putative or certified class action to arbitration, nor seek to enforce any predispute arbitration agreement against any person who has initiated in court a putative class action, who is a member of a putative class who has not opted out of the class with respect to any claims enoompassed by the putative class action until; (I) the class certification is denied; (II) the class is decertified; or (III) the client is excluded from the class by the court. Such forbearance to enforce an agreement to arbitrate shall not constitute a waiver of any rights under this agreement except to the extent stated herein. The laws of the State of New York govern. Pershing's contact information is as follows: Pershing LLC, Legal Department, One Pershing Plaza, Jersey City. New Jersey 07399; (201)413-3330. Page 18 of 19 PAR 0/ ROI Account Number liMed ExCell•M Go paperless 43k, &in Mar Swa 2007 IRA F8O AVRAM NOAM CHOMSKY MAHOUT COCUVit RV OALILAR RATED COMMUNICATIONS DCCELISNCE Orr. stamp. ovrobate u.< • .mdiv e•alled RSIOlv Tla One anon. rat us. Conencen PRIRRO uctr.•••500RRA Nvie SVC EFTA00791757 TERMS AND CONDMONS TRANSACTIONS • ALL ORDERS AND TRANSACTIONS SHALL BE SOLELY FOR YOUR ACCOUNT AND RISK SHALL BE SUBJECT TO THE CONSTITUTION. RULES. REGULATIONS. CUSTOMS. USAGES. RULINGS AND NTERPRETATIONS OF THE EXCHANGE CA MARKET AND THE CLEARNG FACLITY, IF ANY. W HERE THE TRANSACTIONS ARE EXECUTED AND/OR SETTLED. OR F APPLICABLE. OF THE FINANCIAL NOUSTRY REGULATORY AUTHORITY AND TO ALL APPLICABLE LAWS MC/ REGULATIONS • TITLE TO SECURITIES SOLD TO YOU. WHERE PERSHNG HAS ACTED AS PRINCPAL, SHALL REMAN WITH PERSHNG UNTIL THE ENTIRE PURCHASE PRICE IS RECEIVED OR UNTIL THE SETTLEMENT DATE. WHICHEVER IS LATER. • YOU MAY HAVE RECEIVED CONFPMATIONS FOR TRANSACTIONS WHICH CO NOT APPEAR ON YOUR STATEMENT. F SO, DIE TRANSACTIONS W LL APPEAR ON YOUR NEXT PERIODIC STATEMENT. SUCH TRANSACTIONS MUST BE CONSIDERED EN YOU WHEN COMPUTING THE VALUE CF YOUR ACCOUNT. THIS IS ESPECIALLY TRUE F YOU HAVE WRITTEN OPTIONS IN HCH HAVE BEEN EXERCISED. FREE CREDIT BALANCES: ANY FREE CREDTT BALANCE CARRIED FOR YOUR ACCOUNT REPRESENTS FUNDS PAYABLE UPON DEMAND WHICH. ALTHOUGH PROPERLY ACCOUNTED FOR ON PERSHING'S BOOKS OF RECORD. ARE NOT SEGREGATED AND MAY BE USED N THE CONDUCT OF ITS BUS NESS DEBIT BALANCES: NTEREST CHARGED ON DEBIT BALANCES IN YOUR ACCOUNT APPEARS ON THE STATEMENT. THE RATE OF NTEREST AND PERIOD COVERED ARE INDICATED. THE RATE MAY CHANGE FROM TIME TO TIME DUE TO FLUCTUATIONS IN MONEY RATES OR OTHER REASONS. INTEREST S COMPUTED AS DESCREMO IN MATERIAL PREVIOUSLY FURNISHED TO YOU. PLEASE CONTACT YOUR FINANCIAL INSTITUTION F YOU DESIRE ADDITIONAL COPIES. MARGIN INFORMATION IF YOU MAINTAIN A MARGN ACCOUNT. THIS SAO:MEWED STATEMENT OF YOUR GENERAL ACCOUNT AND A SPECAL MEMORANDUM ACCOUNT MANTAINED FOR YOU UNDER REGULATION T OF THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM. THE PERMANENT RECORD OF THE SEPARATE ACCOUNT AS REOUPED BY REGULATION T IS AVAILABLE FOR YOUR INSPECTION UPON REOUEST TAX INFORMATION • AFTER YEAR END, PERSHNG S REQUIRED TO PROVIDE TAX INFORMATION TO THE INTERNAL REVENUE SERVICE AND OTHER GOVERNMENTAL AUTHORITIES. AT THAT TIME PERSHINGWILL PROVIDE THAT INFORMATION ON THE ANNUAL TAX INFORMATION STATEMENT TO YOU: USE THAT STATEMENT TO PREPARE YOUR TAX FLINGS THE TM STATEMENT ALSO NCLUCES OTHER USEFUL INFORMATCN TO ASSIST IN ACCUMULATING THE DATA TO PREPARE YOUR TAX RETURNS • DIVIDENDS. INTEREST AND OTHER DSTREUTCNS SHOWN ON THIS STATEMENT WERE CLASSFED AS TAXABLE OR NONTAXABLE BASED ON CERTAIN NFORMATTON KNOWN AS OF THE DISIRSUTION DATE. NIS CLASSIFICATION S SUBJECT TO CHANGE ANDS SOLELY INTENDED FOR USE AS GENERAL PFORMATION. • PERSHING DOES NOT PROVIDE TAX. INVESTMENT OR LEGAL ADVISORY SERVICES AND NO ONE ASSOCIATED WITH PERSHING TS AUTHORIZED TO RENDER SUCH ADVICE 00 NOT RELY UPON ANY SUCH ADVICE. F GIVEN. INVESTORS ARE ENCOURAGED TO CONSULT THEM TAX ADVISORS TO DETERMINE THE APPROPRIATE TAX TREATMENT OF THEIR BUSINESS. GENERAL INFORMATION • WHENEVER YOU ARE INDEBTED TO PERSHNG LLC (*PERSHNG" FOR ANY AMOUNT. ALL SECURITES HELD BY IT FOR YOU IN ANY ACCOUNT IN WHICH YOU HAVE ANY INTEREST SHALL SECURE ALL YOUR LIABILITIES TO PERSHING. AND PERSHING MAY N ITS DISCRETION AT ANY TIME. WITHOUT TENDER. DEMAND OR NOTICE TO YOU CLOSE OR REDUCE ANY CR ALL OF YOUR ACCOUNTS BY PUBLIC OR PRIVATE SALE OR PURCHASE OR BOTH OF ALL CR ANY SECURITIES CAPRED IN SUCH ACCOUNTS. ANY BALANCE REMANNG DUE PERSHNG TO BE PROMPTLY PAD BY YOU. • WHENEVER YOU ARE INDEBTED TO PERSHNG FOR ANY AMOUNT. ALL SECURITIES CARRIED FOR YOUR ACCOUNT ARE OR MAY BE.WITHOUT FURTHER NOTICE TO YOU. LOANED CR PLEDGED BY PERSHING. EITHER SEPARATELY CR UNDER CIRCUMSTANCES' HICH W LL PERMIT THE CCIAMNGLING THEREOF. WITH OTHER SECURITIES FOR ANY AMOUNT LESS THAN, EQUAL TO OR GREATER THAN YOUR LIABILITIES TO PERSHING. BUT NOT UNDER CIRCUMSTANCES FOR MI AMOUNT PROHIBITED BY LAW • PERSHNG MAY TRADE FOR ITS OWN ACCOUNT AS A MARKET MAKER SPEC/AUST. 000 LOT DEALER. BLOCK POSITCRER. ARBITRAGEUR OR INVESTOR. CONSEQUENTLY, AT THE TIME OF ANY TRANSACTION YOU MAY MAKE, PERSHING MAY HAVE A POSITION IN SUCH SECURITIES. WHICH POSITION MAY BE PARTIALLY CR COMPLETELY HEDGED. • f AVERAGE PRICE TRANSACTION IS NOCATE0 ON THE FRONT OF THIS STATEMENT YOUR FINANCIAL INSTITUTION OR PERSHNG MAY HAVE ACTED AS PRNCPAL. AGENT OR BOTH. DETAILS AVAILABLE UPON REQUEST. • THE INVESTMENT ADVISOR RETAINED BY YOU F ANY. IS RESPCNSIBLE FOR DETERMINING THE SUITABILITY CF EACH TRANSACTION IN YOUR ACCOUNT. PERSHING DOES NOT EVALUATE WHETHER YOUR INVESTMENTS COMPORT WITH YOUR FINANCIAL STATUS OR OBJECTIVES YOU RELEASE PERSHNG FROM ANY LIABILITY TO DO SO. • A FINANCIAL STATEMENT OF PERSHNG IS AVAILABLE FOR YOUR PERSONAL INSPECTOR AT PERSHNGS OFFICES. A COPY OF [TWILL BE MAILED UPON YOUR WRITTEN REQUEST CR YOU CAN VIEW IT ONLINE AT WVAV PERSHNG.Cal. • FOR BUSINESS CONTINUITY AND ADDITIONAL DISCLOSURES. WYAV PERSHING.COAVDISCLOSURES. • THIS STATEMENT SHOULD BE RETAINED FOR YOUR RECORDS. PAYMENT FOR ORDER FLOW AND ORDER ROUTING MUCKS DISCLOSURES (REGULATION NMS-RULE 007(AXIT-(2)) PERSHNG SENDS CERTAIN EQUITYORDERS TO EXCHANGES. ELECTRONIC COMMUNICATION NETWORKS. OR BROKER- DEALERS DURING NORMAL BUSINESS HOURS AND DURING EXTENDED TRADNG SESSIONS. CERTAIN OF THESE VENUES PROVIDE PAYMENTS TO PERSHNG CR CHARGE ACCESS FEES TO PERSHNG DEPENDING UPON THE CHARACTERISTICS OF THE ORDER AND ANY SUBSEQUENT EXECUTION THE DETAILS OF THESE PAYMENTS AND FEES ARE AVAILABLE UPON WRITTEN REQUEST PERSHNG RECEIVES PAYMENTS FOR DIRECTNG LISTED OPTIONS ORDER FLON TO CERTAIN OPTION EXCHANGES. IN ADDITION. PERSHNG ROUTES CERTAIN EQUITY AND OPTION ORDERS TO ITS AFF LIME. BNY MELLON CAPITAL MARKETS. LLC. FOR EXECUTION AS PAMPA; COMPENSATION IS GENERALLY N THE FORM OF A PER OPTION CONTRACT CASH PAYMENT. BEST EXECUTION NON/ INSTANDiNG THE PREVIOUS PARAGRAPH REGARDING PAYMENT FOR ORDER FLOW. PERSHING SELECTS CERTAIN MARKET CENTERS TO PROVDE EXECUTION OF OVER-THE-COUNTER AND EXCHANGE-LISTED SECURITIES TRANSACTIONS WHICH AGREE TO ACCEPT CRIERS. TRANSMITTED ELECTRONICALLY UP TO A SPECIFIED SCE. AND TO EXECUTE THEM AT OR BETTER THOU THE NATIONAL BEST BID CR OFFER FIBS% ON CERTAIN LARGER ORDERS. CR F THE DESIGNATED MARKET CENTERS DO NOT MAKE A MARKET IN THE SUBJECT SECURRY. PERSHING DIRECTLY CONTACTS MARKET CENTERS TO OBTAIN AN EXECUTION. THE DESIGNATED MARKET CENTERS TOW HOCH ORDERS ARE AUTOMATICALLY ROUTED ARE SELECTED BASED ON THE CONSISTENT HIGH QUALITY OF THEIR EXECUTIONS IN ONE OR MORE MARKET SEGMENTS AMID THEIR ABILITY TO PROVIDE OPPORTUNITIES FOR EXECUTIONS AT PRICES SUPERIOR TO THE NBBO. PERSHING ALSO REGULARLY REVIEWS REPORTS FOR CUALITY OF EXECUTION PURPOSES WRAP ACCOUNT CUSTOMERS WINO ELECTED NOT TO RECEIVE IMMEDIATE CONFIRNATION OF TRANSACTIONS THE FOLLOW NG TERMS AND CCNOITIONS ARE APPLICABLE ONLY IF YOUR ACCOUNT is AN INVESTMENT ADVISORY ACCOUNT AND THE TRANSACTION CONFIRMATIONS ARE NOT SENT TO YOU (SENT ONLY TO YOUR FIDUCIARY) PURSUANT TO YOUR INSTRUCTION WRAP ACCOUNT TRANSACTORS • THE FOLLOWING INFORMATION WILL BE FURNISHED TO YOU UPON REQUEST TO YOUR FINANCIAL INSTITUTION TNTRCOUCNG FIRM-)WITH RESPECT TO ANY TRANSACTION FOR WHICH A COPFIRMATION WAS NOT SENT TO YOU THE MARKET UPON WHICH ANY TRANSACTION WAS EXECUTED. THE TINE OF DAY THAT ANY TRANSACTION WAS EXECUTED: THE NAME OF THE PERSON FROM WHOM ANY SECURITY WAS PURCHASE() OR TO WHOM SUCH SECURITY WAS SOLD. TE SOURCE ANDANOINT OF OTHER COMMISSIONS RECEIVED IN CONNECTION WITH ANY TRANSACTION. AND A COPY OF THE TRANSACTOR CONFIRMATION. • YOUR INTRODUCING FIRM EFFECTED EACH TRANSACTION FOR WHICH A CONFIRMATION WAS NOT SENT TO YOU AS YOUR AGENT. • IN CCNNECTCN WITH EACH EQUITY SECURITY MCI CERTAN OTHER SECURITES SOLD. YOUR NTRODUCNG FRIA CHARGES TO YOU. AND REMITS TO A REGULATORY ORGANIZATION OR NATIONAL SECURITIES EXCHANGE. A-TRANS FEE " PERSHING CALCULATES THIS FEE BASED ON AMOUNTS PAD BY YOUR INTRODUCING FIRM TO THE APPLICABLE REGULATORY °RCA/STATION CR NATIONAL SECURITIES EXCHANGE. THIS. IN TURN. IS BASED ON THE VALUE OF THE APPLICABLE SECURITES SOLD. TO DETERIANE THE EXACT AMOUNT OF THIS FEE WITH RESPECT TO ANY TRANSACTION. PLEASE CONTACT YOUR INTRODUCNG FIRM. • IF ANY TRANSACTION INVOLVES AN ASSET-BACKED SECURITY. INCLUONG A MUNICIPAL COLLATERALIZED MORTGAGE OBLIGATION, WHICH REPRESENTS AN INTEREST IN CR IS SECURED BY A POOL OF RECEIVABLES OR OTHER FINANCIAL ASSETS THAT ARE SUBJECT CONTINUOUSLY TO PREPAYMENT. THEN THE ACTUAL YIELD OF SUCH SECURITY MAY VARY ACCORDING TO THE RATE AT WHICH 71-E UNDERLYING RECEIVABLES CR OTHER FINANCIAL ASSETS ARE PREPAID. INFORMATION CONCERNING THE FACTORS THAT AFFECT YIELD INCLUDING AT A NUMMI ESTIMATED YIELD. WEIGHTED AVERAGE LIFE. AND THE PREPAYMENT ASSUMPTIONS OF UNDERLYING VELD) WEL BE FURNISHED TO YOU UPON REQUEST TO YOUR INTRODUCING FIRM WRAP ACCOUNT ORDER FLOW: YOUR INTRODUCING FIRM DOES NOT RECEIVE ANY PAYMENT FOR ORDER FLOW FOR ANY TRANSACTOR FOR WHICH A CONFRMATON WAS NOT SENT TO YOU. WRAP ACCOUNT CALL FEATURES: CALL FEATURES MAY EXIST FOR SECURITIES. CALL FEATURES FOR FIXED INCOME SECURITIES MAY AFFECT YIELD COMPLETE NFORMATION WILL BE PROVIDED UPON REQUEST. WRAP ACCOUNT RAMOS: THE RATINGS THAT APPEAR IN THE DESORPTION OF SOME FIXED INCOME SECURITIES HAVE BEEN OBTAINED FROM RATINGS SERVICES WHOM PERSHING BELEVES TO BE RELIABLE. HOWEVER. PERSHING CANNOT GUARANTEE THEIR ACCURACY. SECURITIES FOR WHICH A RATING IS NOT AVALABLE ARE MARKED -UNMATED'. F ANY OF THE ABOVE TERMS AND CCNINTONS ME UNACCEPTABLE TO YOU. FLEASE NOTIFY PEPPING IMMEDIATELY II WRITINGBY CERMET) MAIL TO ONE PERSHING PLAZA JERSEY CITY. PU OT399. ATTN. LEGAL DEPT Page 19 of 19 Amount Number- t Rated Emcollent PAR,O2,ROLL Go paperless Every Yost Since 2007 IRA FB0 AVRAM NOAM CHOMSKY ASA...MOUT t-CALIVriltY 0ALSAft RATED COmmumCANONS EXCELLENCE t wo.. stay" MOS. LLC. • i•••••• talsipd • 111, On* M Oln Vora lakilion Co•••••••pri - Ww L . amt recast rem sec EFTA00791758