EFTA Document EFTA01282797

Deutsche Bank Private Wealth Management Option Agreement and Approval Form Please Complies Account No. Account Type Cash Account Name Southern Trust Company Inc Account Registration ENTITY 0 Managed Account 0 Discretionary Account Ll oth•r Narne(s) of person(s) other than account ()wile*: authorized to place orders for the account: Jeffrey Epstein, Jeanne Brennan 7 Account and Owrer informaton (Provide requested information for each account owner (-Ghent') Attach supplement to this Agreement :f necessary Name Southern Trust Company Inc Address 6100 Red Hook Quarter. 83, St. Thomas, 00802 Phona Number of Dependents NIA Employer Business Address Country Virgin Islands Marital Status N/A Type of Ous.ness Present Brokerage Accounts with: JP180nalm Position sirthdate 11/15/2011 Business Phone • Years Held — — JoeS the individual or entity tnat controls this account have the power to Control any other Option Account(s) with Deutsche Bank Securities Inc.? Yes 0 No It yes, please provide the account number(s): Will Provide List Client(s) Financial Information Approximate Aggregate Annual Income of Account Owner(s) from AS Sources Sources of Income (Approximate} pA proximate Aggregate Net Worth 1 0 less than $50.000 0 $50.000 - $99.999 0 $10D,000-$249,999 Salary/Bonus Interest/Dividends Other (specify). - --- — — - 60 % 60 — % -- % lomat vowed', Asoroy.mase tee were temihreisrtsine. El Less than 550.000 0 loss than $50,000 0 sso.oco -S99.999 0 3100,000 - 3249,999 D 3250=0 -$499,999 0 3500.000 - 3999,999 0 $l.000.000-$2.499.999 D $2,500.000 - 54.999.999 0 $5.000.000 and over E 550.000 - 599.999 • $2siaoco- 5499.999 0 5100.000 -$249.999 0 $500,000-$999,999 $1.000.000-$2,499.999 $2.500.030 - $4.999.999 • $250,000 - $499,999 % — — % • ssooseo- 5999.999 0 $1.000.000 - 52.499.999 GI $3.000.000 and over • 32.500.000- 34.999.999 lir] 55.000.000 and over Investment Experience of Account Owner(s) I (khans Year rust Traded 2011 I Average */ Trades Per Year 1 10 Awrade Sue or tirades In S Average Situ in Shams I Contracts typos of Previous Option LAP:POMO I S1,000,000.00 1,000 Geared Cal Whiting I Stocks 2011 410 51,000,000.00 1,000 Purchased Orions Floods 2011 10 _4 I $1,000,000.00 X000 21 Option Sprceds Commodities 2011 110 I $ 1 , 0 0 0 • o o 1 000 _ —1 Uncovered Put Writing F Listed Stock Index 2011 1$1,000,000.00 1,000 Uncovered Coll Writing Mgt Derivatives 2011 io 151,000,000.00 1,000 None Structured Products 2011 I- to I 11.500000.00 1.000 ; F L aver (Specify) Deutsche Bank Secunties Inc a subsidiary of Donde Bank AG. cordocts investment tierwano and securities activitres in the tin led Stares Emma 00PW1.1.0‘27 00A 14 (Wit) 006401062711 SDNY_GM_00038331 CONFIDENTIAL CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P 6(e) DB-SDNY-0001155 EFTA_00148940 EFTA01282797 • Option Objectives (check ALL that apply): . 0 Income (covered call writing) 0 Portfolio Protection (protective puts) 0 Speculation 'spreads & uncovered writing) Cliental Strategy Requests (Please check as many of the following strategies sought to be employed) 0 I .Covered Cal Writing Moder ern Risk Calls fully covered by underlying stock. Stock may ce called at any time or at expiration, requiring owner to sell at stroke price 0 2 Purchasing Options kneMmgSuggantiaLRisk. Entire preniiom is at risk Profit of kss usually determ:ned by selling position. If position is not ceased or exorcised by exp ration date, options will expire worthless. 0 1 Option Spreads — Margin account required. Involves Substantai Risk. In addition to risk of mschasing puts or calls, if long side is closed out, leaving only a short position, the financial risk becomes unlimited. Option assignments require purchase of the underlying stock in the open market to effect delivery to puechaser of option. ID 4 Uncovered Put Writing — Margin account and special statement for uncovered option writers required. Insteps Sabscydal R O. If assigned. the dam must purchase the underlying stock at the strike price. which may be subsieritualy higher than the then-current market price. E 5. Uncovered Cal Writing — Margin account and special statement for uncovered option writers required. Involves Sub :danced Risk. Writing uncovered cells involves unlimited financial risk. Option assignments require purchase Of the underlying stock in caper mast to effect delivery to purchaSer of option. I have read and understand all of the in options s suitable in light of my attest to the accuracy of ttio above verily any representation contained above-stated information. I acknoModge I have receiv d and read tie Stands rolls Options." conditions and stipulations on the reverse side of the form in regard to trading in options end represent that trading investment obeectives, financial situation, risk tolerance and knowiedge I hereby confirm that I am the source of and information and authorize Deutsche Rank Securities inc. (aso referred to herein as 'Deutsche Sank Alex. Brown') to thetein, at its discretion. I will promptly notif a Bank Alex. Brown. in wnting• of any material change in the that I may obtain an options c corporation prospectus upon request. Options ring Corporation Disclosure Document entitled "Characteristics and Risks of .. "1!:eit, ;Ooze. I 012-q I leg Signed Date Print Client Advisor Name CA • _ —rtS — Client Advisor Signature 1/4-.,. Date (O / a fli a q 2 / ' Approval Date A y g. OPTION DEPT. APPROVAL: Covered Call Writing DATE Canvas.. g CP Purehaseng Options UPOption Spreads I v 1(0-'3 a Uncovered Put Venting — UU 17r Uncovered Call Writing 011-PWM-0127 OM 14 (05111) 006404.051011 SDNY_GM_00038332 CONFIDENTIAL CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P 6(e) DB-SDNY-0001156 EFTA_00148941 EFTA01282798 Risks, Prohibitions and General information Concerning Option Trading I oridersiand that options transactions imeive a Noah degree of risk and offer no guarantee of pain or assurance against loss. Accordingly, tundras-ore) the prior to engaging in any option transaction. I should renew my present financial situation and determine whether it is advisable to incur the risk of loss associated with that particular investment. 1. I understand that when I engage in option insane I expose maser to cetera potentially substantial financial Me in adiStion to those identified on the front side of this form under the heading tires) Strategy Flequets.- including /kit not limited to the mashing: — I understand that I should not buy an option udesa lam also@ to sustain a tots loss of the premium and transaction costs. — else twrite) tovarcel optiarik I uuderStann that I may laden pekainkin in capital gains but retain risk of partiopetion in capital losses in the onderhing sleety. I understand that if an exercise is areagned to me, I may be forced to liquidate my 003.1on in the endearing security at a tome which they be unfaaorablo to me. I also understand that l should not sell (wntel a cooled cell option unless I am prepared to Sewer the underlying 'acuity lot a security convertaile exchargorere. or execcisable into such underline Seciatal upon the exercise of the spoon. - III see Need oriciwared Oinked, options. l risk sebstamial ramble lees II, arm to the extent that, the market price of the underlying security Increases above the strike prim of or decreases below the strike price of a put. if en exercise is assigned to me, it will, in all likable* be onetime which wit( force rne to assure such a capital lots. I understand thal I abate not sea (write to put option or an uncovered cell option. especially en index option, Leese I am able to sustain potentially unlimited lossre. — I am mete Mal various tattoo may affect the price of an warn contrail, gel as the relationship between the exercise trice and malign Orieo d the udedying SOCurSA the lime period remaining until the option expires, and the price fluctuation a other Characteristics of the underlying sueuray. - I am aware that the respective option exchanges (-Exchanges I may. in the discretion and hoe lane to time. test rid transactions in fen:Cuba Opeore a the exercise of option contracts in the Attest of maintaining a fair and orderly market in option contracts at In the undvtying security, for the protection of investors. I understand that I may not be able to close a position in the event that a aeon/Ivy merest Inrthe option ceeses to exist or toe kiting exchange reelects or stdoond$ wilrg in the Whoa — I am swore that the Exchanoes have established reelections on certain opening purchase and sob transactor* on the Exehange wealth arc considered to be resealed optima. 7 I understand and Agree that my accocntlsl wan Deutsche Baas Seeuritios Inc (elao referred to Pore as "Delman Rank Alec Brown-) will be handed in aoccedacce with the Rules of the Financial Industry Regulatory Authority ("F/JRA") and the Exchanges on which kited options are traded and of the Options Gearing Corporation l'OCC-1. as expressed in its prospectus. 1 am aware of and agree to be bound by such rules In accordance with swh nave - I will not attempt to acquire at any time, either by myself or in concert with others, a pellon in neat of the Units pretested from time to time by the Exchange For the purpose of computing suds limits. I understand that total long call options and short put options of the some underlying stock moat be added to compute the position Imo it Similarly total long put options and Shell Call options of the same underlying Mtn MeV be added tb compute the position — twill not otternot to exercise, other by myself or In contort with others, during and Peed/lbw consecutive business days. a quantity in emcee of the lire pinioned by the Exchanges. — I understand that if found in violation of either the preeten limit or the exercise limit I may be subsact to sanctions imposed by the Exchange involved and that these sanctions may include liorilation of the positions in violation. a I understand that Deutsont Book Alex. Brown has Witicies which may be mote fond we than no Impose requeMente in addition to these of the ixellactles, FINRA or the New York Sleek Exchange. I Agree to iitacte by such policies as a anditkon of doing buSineSS with Deutsche Bank Alex. Brown I understand that these policies include but are not leered to the following: — Settlement date for all option trades is the business day following trade date. Notwithstanding this pronsion, Deutsche Hank Ake Drown may, in its discretion, eied not to accept purchase orders in opens unless cash equal to the purchase pew has first been deposited in my account. and may elect not to accept opening sale orders In options unleee I have first deposed in my account either the required margin or unreeived negotiable Shen* Ce the underlying stock in an amount specified by Deutsche Bank Alex. Brown. — Deutsche Bank Alex. Brown may refuse orders to trade options in my account if Marc are restrictions against my account. inducing restrictions regarding trading in the undenvIng Security. or kit any Other reason at its discretion. — Deutsche Bank Alex. Brown he set trading paid exercise deadline which correspond to deadlines established by the. OCC and was seem rd responsibility ler completion of orders entered by clients altar such doodle. — Margins other n cash or securities, posted by me against short option positions. may not be included in my margin acr.Aunl equity or interest colputatioret Deutsche bank Alex. Brown may, in tum, use these drawls to secure said short Dogmas with the OCC — Option exorcise notices assigned to Deutsche Bank Alex. Brown In respect of a short positizon in option co-reacts in oaslomer accounts shall be allocated to customer: of Deutsche Bank Alex. Brown on an automated racoon basis. I oiralateland dun i1 I am anigted. the 'alignment will be Preeresed as a said lin the ease: el a eel a a purees lin encase et a Putt Willing two business days from the date of assignment (except for nonequity options, which settle for cash on the day or assignment) and that I am obrigmed to deliver the inerlying stook or required cash to Deutsche Bank Alex. Brown no later than rettlement dew 4 I understand that margin requirements exist in connection with certain options and 1 agree to meal all margin caps as made by Deutsche Bank Aka. grown, I undostand that Deutsche Bark Alex. Bryn, in oansming the margin requirements ler optien positions, may impose a higher margin regitement for indedual option positions than other investment ferns, and that Deutsche Bank Alex. Brawn will intern, me of It, existing margin fectuiremer ts 10i option positions upon request. In the event I do not meth margin CIPIS promptly, Dei4scho Bank Alex. Brown Is authorized, in its solo dist/anon and without nOtl5eation to me. to take any and all steps necessary to protect itself In oxinnoctien with put ander all transactions node ler my accoura, including the right to buy and/or sell snort. dr short exempt. for rrry ecenunt trio risk any part or all of ate shares represented by options endorsed by Deutsche Bank Alex. Brown for my account, or ll) buy (Or my account and risk any puts andfot calls as Deutsche Bank Ale. Brown may brim necessary for Its protection. I further agree that any and all expenses incurred by Deutsche Bank Ne. Brown In this connection will be reiniburSed by nit. 5. This agreement sea Matey to all option orders for myksur amount whether cw not such orders are executed. 6 I understand that options may be listed on one or mete Exchanges and that If nn Each/moth s sthelied by me. Deutsche Bank Net Brown will use in daemon in routing my aderifil. 7. thereby authorize you in your sole disciebon and with notification to rne to in the event of my death, without notification to representatives of my rotate a to my heirs) whenever you deem it necessary fur your protection. to take suds action. Ince:tinge without limitation, to buy. sell or eel she for my account%) and my risk, puts. calls. or other lams of optiOns andice to buy, sell, Or all Sherri any part or at ol the underlying securities represented Dy OplionS endorsed by you for my becoungst Any and el expenses...vied/no, without limitation attorneys' foes and their reasonable disbursements, incurred by you in connection with such transactions will be reimbursed by me or by my estate B, you are under no obligation to convey to rne any information relating to the underlying Securities 0%aored by an option or any securities related therm. or any information relating to options whether WO information is then or thereafter known a available. My infOrmatiOn. sake or nOtillealinn n respect 10 any option a any underlying securities or securities relating thereto which you may give me and which you are not required to give by the terms of this agreement or any otter agreement expressed or implied. Via" nor he construed as aliktril) an line/red eilreelTUnt or course of dealing between us aro sea nur mew the proverers at this or any other agreement between us. 9. This agreement and its enforcement des roe governed by trio Sava of the Stare of New York and its pnesions sell be continuous; shall was all options transactions hereunder, wet ee you are acting as broker or principal. and all accounts, indtadually and collectively, whet I may open or re-open with sou; shall Inure to the benefit of your octant organization, its au:ceases and assigns; trod shall ha binding upon ma arid my estate, exatelors, ado nineties and &SWUM. but no attSig0Ment Shea release me from any of my obligations hereunder. Written notice of revocabons of this aerospace shall not re ease other of us from any obligations hereunder easing prior to the actual receipt of such notice by the other. 10. Whenever any law or regulation is adopted which all acts a *inconsistent with any provision hereof, such mousier, Poll be deemed modifiedor superseded, as the case may be. by such law or notatiatroni and such fixonsions as so modified a superseded and all other provisions hoover shay in all restaiets continw-th full force and elect. Al tithe agreements reusing between $ or hereafter made which. by their provisions apply to any ce my transactions and accounts with you, seas be applirable to any of my options transactions and accounts ewe they are net in Weibel with this agreecrwmi Should such a collie', exist it shall be resolved in favor ul this sgreament Odwrensie. the provisions OI each etittnhel steal 00 applicable. II A3 used herein. T and 'me' reign to alt account owners. 'You and 'Yale talcs to Deutsche Bank Alec Wan. Please Initial Here' WM.0121 O14 14(05111) 006404 051011 SON YGM_000 38333 CONFIDENTIAL CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0001157 EFTA 01)14894? EFTA01282799 Special Statement for Uncovered Option Writers Account No. Account Name Deutsche Bank Alex. Brown A Ov.seet es Deut:che Mont Secrit es Inc aoutb_emirsatQattlivoY JPQ There are special nsks associated with uncovered option writing which expose the investor to potentially significant loss. I understand that this type of strategy may not be suitable for all customers approved for options transactions. I also understand each of the following: 1. The potential loss of uncovered call writing is unlimited, since there is no upper limit on a stock's price and the loss to a writer of an uncovered call equals the stock price menus the exercise puce. The writer of an uncovered call is in an extremely risky position, and may incur large losses if the value of the underlying instrument increases above the exercise price. Such a IOSS can exceed the equity in the call wnter's account. 2. The potential loss hem writing uncovered put options is also substantial. The writer of an uncovered pin option bears a risk of loss if the value of the underlying instrument declines below the exercise price. However, since stock prices cannot be lower than zero, the maximum loss is equal to the strike price of the put sold less the premium received for that put. Such loss could be substantial if there is a significant decline in the value of the underlying instrument and can exceed the equity in the put writes account 3. FOr combination writing, where the investor writes both a put and a call on the same underlying instrument, the potential risk is unlimited and can exceed the equity in the option writer's account. 4. Uncovered option writing is thus suitable only for the knowledgeable investor who onderstends the risks, has the financial capacity and willingness to incur potentially substantial losses, and has sufficient liquid assets to meet applicable margin requirements. In this regard, if the value of the underlying instrument moves against art uncovered writer's options position, the investor's broker may request significant additional margin payments. If an investor does not make such margin payments, the broker may liquidate stock or options positions in the investor's account, with little or no prior notice in accordance with the investor's margin agreement. 5. The option writer may not be able to rely on the secondary market. If a secondary market in options were to become unavailable. investors could not engage in closing transactions, and an option writer would remain obligated until expiration or assignment. 6. The writer of an American-style option is subject to being assigned an exercise at any lime alter he has written the option until the option expires. By contrast. the writer of a European-style option is subject to exercise assignment only during the exercise period. NOTE: It is expected that the person(sl signing below will read the booklet entitled Charactenstics and Risks of Standardized Options available from your broker. Particular attention is directed to the chapter entitled "Risks of Buying and Writing Options' This statement is not intended to enumerate all of the risks entailed in writing uncovered options. I have read and understand the above statement regarding the special risks associated with uncovered option-writing and represent that such trading is suitable in light of my investment objectives, which include speculation, as wed as my financial situation, risk tolerance and knowledge. I understand that you will rely on the representations I have made herein and in the Option • and Approval Form I provided to you in determining whether to approve my uocount for the options strata s 1 have elect d and I he 'hy..eertlfrthe truth and accuracy of such statements. Signed Signed Signed Signed Signed Approved for: ROP/Manager Approval: Date 4441.3 Date Date Date Date Date. 0/3 OBAE1-0126 OM 14 A (Mel SDNY_GM_00038334 CONFIDENTIAL CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0001158 EFTA_00 148943 EFTA01282800 Joint Account Supplement to Option Account Agreement and Approval Form Account l\ Mill. Account Name Sawa 1w cakerny let Deutsche Bank Alex. Brown • Oeve mamma. 4.. Win*. DC Second Account Owner Personal Information: Nome oi.nrwi Jeonarme •Ionic Address 6100 a*. Mer:OPM. SI Thema N. 021,2-0M se • lame Pnure _____ Number of Dependents — Mantel Status Bothdate i mpicver sewn seamen uc Business Address MO Rem snots. a Tbanea.M.O:Kaalse Arne Of Business ra " Present Brokerage Accoan:s with: Does Phe awry how the power to coned any Mho Option Aczountis) with Deoloche Bank Securities Inc 7 laYes Den II yes. please provide the account numaet:til P"'"" mime s igeM far 'ma Business Prone __. Position Years Field Third Account Owner Personal Inform/0On: Name dome Address .torn Photo Number of Dependents ._ Marital Status Birthdate Employe' Business Pnnre — Business AddresS Typo of Business _ _ Position Years Held "resent Brokerage Accounts with: Dues this once' haw (ho pave le coned any echo Option Accountis) with Deurate Bank Securities Fite ,t arias ONo If yes please crovide the account numbeilal. Pouts Account Owner Personal Inlomsallon: Name O.v Home Address *ow Horne Phone Number of Dependents_..__ Marital Stalls Ecrthdato implover Business Phone BannesS Address Type or Burness Position Years Held Present Brokerage Areeunts berth. Coes this owner nave the power to canto' any other Cowan ACODLOSS) with Deutseho Bank Satufhies inc.? aft n No 11 gas, Please rsc"do the sonar!! numbers}; RIM Account Owner Personal Information: NOME Horne Add'eSS ti ale Wag HOME None Numbr of Depends... LS __— Marital Status _ Birthdatu Employer Business Address Type of Business Positron Years Held Mantra Brokerage Accounts with: Does rilS %Wel have thu corrie, to cent on? otter Option ACCOUPWSII with Deutsche Bank Seemlier* Ind If yes. please rende the trocountouwapis: 1 Business Phone Oyes ONe I I er Deatell3. OM la a MOO SONY_GIW- 6 •03 335 CONFIDENTIAL CONFIDENTIAL - PURSUANT TO FED R CRIM. P. 6(e) DB-SDNY-0001159 EFTA _00148944 EFTA01282801