EFTA Document EFTA01487934

July 31,2004 - August 31,2004 Page 3 of 3 EPSTEIN INTERESTS Primary Account Number ®JPMorgan Private Bank Important Information about Your Statement Personal accounts are subject to the Deposit Accounts Agreement or the General Terms For Accotmts and Services. lhainess accounts an: subject to the Trims and Conditions for Commercial Accounts or the General Trims For Accounts and Services Your accounts. unless othassue indicaual 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 clap) Telephone or wine to the Bank if you think your statement or receipt is wrong. or if you need more intimation about an electronic transaction on a that-anent or twerps. 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 aria we vat you the FIRST suttermau on which the error or problem appeared. • Tell us your name and account number. • l)cscribc the error or the transfer you an: unsure about. and explain ascii:any as you can why you believe it is an error or why you need more information. • Tell us the dollar amount of the suspected error. Please direct all inquiries to your Morgan Account Officer at JI'Morgan Private Bank Client Service 500 Stanton Christiana Road, ISCIPS3 Newark. Dli 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 recredit 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 examtne your account at once. If you feel at error has taken place or have quentons concerning a non-electronic transaction. telephone or write us within 30 days. The phone number is printed on the front of this statement. 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 affiliatial with the Bank. The Bank and its affiliates receive compensation from the JPMorgan Funds for voiding aavices to the funds. Read the JPMorgan Funds prospectuses carefully for details, including fors and expanses, before investing or setting 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 JPMorgien are the funds' distributors and investment advisor. Reich & Tang Distributors Inc is a manila 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 member of NASIYSIPC. IRA Accounts Accounts of the Bank as mince, or as discretionary invest meet manager for an EIUSA plan or on IRA that hold Fiduciary Shares (as described below) do not bear any potion of investment. administrative, custodian or other charges paid to the Bank or its affiliates for services to JPMorgan Funds for which a rebate process has bum established since these charges are subject to rebate as defined below. For accounts of the Bank as trustee. or di retionary investment manager for an ERISA plan or an IRA. which hold AWICS in the 'Morgan Funds other than Fiduciary Shares, the Bank receives fees for sen•ices front the JPMorgan Funds but waives account fees with respect to the funds so held. "fiduciary Shares' means shams of JPMorgan Select Funds and Institutional Sheiks of the JI'Morgan Bond Fund II. JPMorgan Short-Trim Bond Fund II. JPMorgan Intermediate Bond Fund II. and 31tMorgan Large Cap Equity Fund held in Bank bunt 8CCOUMS or in discretionary investment management accorios 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 anoint represents the potion of servicing fev paid to the Bank by the mutual fund with respect to Fiduciary Shares. Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00009498 SDNY_GM_00278696 EFTA01487934