Laserfiche WebLink
possible, We route securities orders to dealers or market centers that provide executions that are better than the <br />nationally displayed best bid and offer. We receive payment per share (or in some cases reciprocal order flow <br />consideration) from dealers and credits against exchange fees in return for certain securities orders that we route or <br />direct. <br />i5. This Agreement will be governed by the laws of the State of California, unless the applicable law of the state in which <br />You are a municipality, public instrumentality or agency thereof, or other public entity requires otherwise, and in <br />such case its laws shall apply. All transactions for Your account are subject to all applicable federal, state, <br />governmental agency, self-regulatory organization, exchange, market and clearing house laws, rules and regulations. <br />You agree to submit to the jurisdiction of the federal and state courts of California with respect to the resolution of <br />any judicial disputes arising out of this Agreement. <br />i6. This agreement contains apre-dispute arbitration clause. By signing an arbitration agreement the <br />parties agree as follows: <br />a. All parties to this agreement are giving up the right to sue each other in court, including the <br />right to a trial by jury, except as provided by the rules of the arbitration forum in which a claim <br />is filed. <br />b. Arbitration awards are generally final and binding; a party's ability to have a court reverse or <br />modify an arbitration award is very limited. <br />c. The ability of the parties to obtain documents, witness statements and other discovery is <br />generally more limited in arbitration than in court proceedings. <br />d. The arbitrators do not have to explain the reason(s) for their award. <br />e. The panel of arbitrators will typically include a minority of arbitrators who wer a or are <br />affiliated with the securities industry. <br />f. The rules of some arbitration forums may impose time limits for bringing a claim in <br />arbitration. In some cases, a claim that is ineligible for arbitration maybe brought in court. <br />g. The rules of the arbitration forum in which the claim is filed, and any amendments thereto, <br />shall be incorporated into this agreement. <br />We agree that any claim, dispute or controversy arising out of or relating directly or indirectly to (a) <br />our relationship with WFIS (b) this Agre ement or any other agreement we have entered into with <br />WFIS or any alleged breach of any such agreement (c) any investment by us under this Agreement or <br />under any other agreement entered into with WFIS or any investment by us made with, by or <br />through WFIS or (d) any transaction of any kind executed by, through or with WFIS, its officers, <br />directors, agents, employees or affiliates shall be settled by arbitration pursuant to the Federal <br />Arbitration Act and in accordance with the rules, then in effect, of FINRA. Notice preliminary to, in <br />conjunction with or incident to arbitration maybe sent to us by mail and personal service is hereby <br />waived. <br />Judgment upon any award rendered by the arbitrators maybe entered in any Court having <br />jurisdiction and each party agrees to submit itself and its personal representatives to the jurisdiction <br />of that court. <br />No person shall bring a putative or certified class action to arbitration, nor seek to enforce any pre- <br />dispute arbitration agreement against any person who has initiated in court a putative class action; <br />or who is a member of a putative class action who has not opted out of the class with respect to any <br />claims encompassed by the putative class action, until: <br />a. the class certification is denied <br />b. the class is decertified or <br />c. the customer is excluded from the class by the court. <br />Such forbearance to enforce an agreement to arbitrate shall not constitute a waiver of any rights <br />under this agreement except to the extent stated herein. <br />i~. WFIS shall not be liable for any loss or delay caused directly or indirectly by war, natural disaster, government <br />restrictions, exchange or market rulings, suspension of trading, strikes, mail delays, equipment failures, <br />telecommunications or computer hardware or software failures not attributable to Our willful misconduct or <br />negligence, or other conditions that are beyond the control of WFIS. <br />zoo9tozz-oooi Level 4 Client Agreement-WETS FR-uo8 64i~zo <br />