WELLS FARGO INSTITUTIONAL SECURITIES, LLC 1

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I hereby aclmowledge that I have received, read and understand the terms set forth in the Client Agreement and agree to such terms, including the binding pre-dispute arbitration clause contained in Paragraph i6. It is understood and agreed that the terms "I," "my," "you" and "your" as used in this Document refer to all account(s). IN WITNESS WHEREOF, I have duly executed this Ce ification, under seal, on behalf of the Accountholder, with full authority to do so, this day of __5~~1~ , 20 /O . Accepted and executed this Y ~ day of U/~LCYl[~lI , 20 /D by Signature: Name (Print): DAVID N. REAM City Manager Title (Print): _ Attested: ~'f'ti? a'~~- '~ ' ~~~~ G'~ Signature of Certifying official 1~71'ARIA D. HUIZAR (SEAL) Clerk of the Council In consideration of Wells Fargo Institutional Securities, LLC ("WFIS," "We," "Our," "Us") accepting this account and agreeing to act as broker or dealer for Santa Ana, City of ("Client," "You," "Your"), it is agreed as follows: GENERAL REPRESENTATIONS AND WARRANTIES Client represents and warrants that it is a municipality, public instrumentality or agency thereof, or other public entity that is authorized under applicable law to engage in the activities and make the investments contemplated by this Agreement. Client further represents and warrants that the individuals identified in the certification above are duly authorized to act on behalf of the Client to establish and maintain and direct transactions in one or more accounts with WFIS, and each is an "appropriate person" or a person who has authority to act on behalf of an "appropriate person" as provided for in Article 8 of the Uniform Commercial Code or similar state version thereof, for the purpose of (a) buying and selling including selling short, (b) agreeing to buy and sell by entering into agreements and commitments (including repurchase agreements), (c) borrowing and lending, and (d) agreeing to borrow and lend by entering into agreements and commitments to borrow and lend money, financial instruments and securities. GENERAL TERMS All transactions that may have been consummated and actions that may have been taken in any accounts maintained with WFIS prior to the date as of which the representations referred to above are effective and are hereby ratified and confirmed in all respects. Unless we receive written notic a otherwise, You r receipt of a confirmation relating to the initial securities or related order executed by Us following the execution of this Agreement shall represent Your assent to be bound by the terms and conditions of this Agreement. Further, confirmations of particular transactions and statements for Client accounts shall be binding upon the Client if the Client does not object, in writing, to the terms of the transaction asset forth in the confirmation or statement within three (3) business days after receipt by the Client. The Client shall be deemed to have received such confirmations and statements on the second business day after WFIS mails such confirmation or statement. Without limitation to the foregoing, WFIS reserves the right to correct any error on any confirmation or statement at any time. 2. You agree that We will not send You confirmations for transactions in money market mutual funds and that all money market mutual fund transactions (including purchases, redemptions, dividends and dividend reinvestments) will appear on Your periodic account statements. 3. WFIS may deal with any or all of the individuals identified in the certification above as though it were dealing with the Client directly. 4. All instructions given will be within Your legal powers, including any limitations under state law. WFIS reserves the right to request from You any written investment objectives or policies to be supplied by You. 2oo9io22-oooi Leve14 Client Agreement-WFIS FR-uo8 64i~zo ~~ P RO VED AS TO F~JRM Laura Stitt Sheedy