EFTA Document EFTA01487928

July 01,2004 - July 30,2004 Page 3 of 3 EPSTEIN INTERESTS Primary Account Number ®JPMorgan Private Bank Important Information about Your Statement Personal accouter are subjem to the Deposit Accounts Agreement or the General Terms For Accotmts and Services. Maness accounts are subject to the Tams and Conditions for Commercial Accounts or the General Tams For Accounts and Services Your accounts. unless otherwise indicarol on the btatement. are held by JPMorgan Chase Bank (the 'Bank'). Deposit accounts held at the Bank, including checking, savings, CI), and money market accounts, are FDIC insured. In Case of Errors or Questions About Your Electronic Funds Transfers (personal accounts °tip) Telephone or write to the Bank if you think your statement or receipt is wrung. or if you need more intimation about an electronic transaction on a thaanent or receipt. The phone number for inquiries is printed on the front of this gateman. The address for inquiries appears below. We must hair from you no later than 60 days after we vat you the FIRST lineman on which the error or problem appeared. • Tell us your name aid account number. • Describe the error or the transfix you are unsure about. and explain as clearly as you can why you believe it is an nor or why you need mote information. • Tell us the dollar amount of the an-petted error. Please direct all inquiries to your Morgan Account Officer at JI'Morgan Private Bank Client Service 500 Stanton Christiana Road. I iOPS3 Newark. DIE 19711-2107 We will investigate your complaint and will correct any error promptly. If we take more than 10 business days to do this (20 business days for transactions outside the U.S. and point-of-sale tran.sactions), we will recrcdit your account for the amount you think is in error so that you will have use of the money during the time it takes us to complete our investigation. In Case of Errors or Questions About Non Electronic Transfers Please examine your account at once. If you feel at error has taken place or have queatons concerning a non-electronic transaction. telephone or write us within 30 days. The phone number is printed on the front of this sonatina. The address appears above. If no report is received within this period, your account will be considered correct. Mutual Funds/Securities Securities (including Mutual Funds) and annuities are not hank deposits and are not FDIC insured nor are they obligations of or guaranteed by JPMorgan Chase Bank. or its affiliates or any federal or state gm e rom en t or got ernment agency or government sponsored agency. Securities (including mutual funds) and annuities involve investment risks, including the possible loss of the principal amount Invested. The distributor of the JPMorgan Funds is JPMorgan Fund Distributors, Inc. which is not affiliatal with the Bank. The Bank and its affiliates receive compensation from the 31slorgan Funds for providing savices to the funds. Read the JPMorgan Funds prospectuses carefully for details, including fors and expanses, before investing or sending money. JPMorgan Select Shares of the Connecticut Daily Tax Free Income Fund. Inc. and 'Morgan Select Shares of the New Jersey Daily Municipal Income Fund, Inc. are not pan of, or affiliated with, the JPMorgan Family of Mutual Funds. Reich & Tang Distributors Inc. and Reich & Tang Asset Management L.P.. which an: unaffiliated with JPMorgan are the funds' distributors and investment advisor. Reich & Tang Distributors Inc. is a manta NASD. The Bank is not a registered broker-deals. Securities transactions may be through JPMorgan Fund Distributors, Inc a subsidiary of the Beck, is a manlier of NASIYSIPC. IRA Accounts Accounts of the Bank as melee, or as discretionary investment manager for an ERISA plan or an IRA that hold Fiduciary Shares (as described below) do not bear any portion of investment. administrative, custodian or other charges paid to the Bank or its affiliates for services to JPMorgan Funds for wtiich a rebate process has bum established since these charges are subject to rebate as defined below. For accounts of the Bank as trustee. or dimtetionary roves Ment manager for an ERISA plan or an IRA. which hold AWICS in the JI'Morgan Funds other than Fiduciary Shares, the Bank receives fees for services from the JPMorgan Funds but waives account fees with respect to the funds so held. 'fiduciary Shares' means shares of JPMorgan Select Funds and Institutional Shares of the JI'Morgan Bond Fund II. JPMorgan Short-Tenn Bond Fund II. JPMorgan Intermediate Bond Fund II. and JPMorgan Large Cap Equity Fund held in Bank tout 8CCOUMS or in discretionary investment managanent accomits at the Bank held by ERISA plans or IRAs. "Rebate' means an amount returned by the Bank to the account which holds the Fiduciary Sham. The rebate amount rointsents the portion of servicing fees paid to the Bank by the mutual fund with respect to Fiduciary Sharks. Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00009492 SDNY_GM_00278690 EFTA01487928