Fillable Scottrade Form (Page 3 of 3) in pdf

CHECKWRITING ACCOUNT AGREEMENT

Each person signing the Checkwriting Signature Card on the reverse hereof (an “Applicant”) certifies that his or her signature thereon

represents such Applicant’s legal signature. Each Applicant guarantees the genuineness of any other Applicant’s signature appearing

on the Signature Card. The Fund from which Applicant’s checks are to be paid, Applicant’s Broker (if any), and UMB Bank, n.a.

or its bank affiliates (collectively, the “Bank”) and any of their successors are authorized to recognize such signature in the payment of

checks, drafts and other instruments (“Checks”) against Applicant’s investment account (“Account”), any (1) of the signatures on the

Signature Card, standing alone, being sufficient.

Each Applicant hereby appoints the Bank as Applicant’s agent for purposes of this Checkwriting Account Agreement. The Bank is

authorized, upon the presentment of Checks or other electronic debits drawn on the Account (collectively, “Debits”), to transmit such

Debits to the Fund or its Transfer Agent or to the Broker (as appropriate) as requests to redeem shares in the Account in an amount

sufficient to pay such Debits, and to effect their payment. Applicant agrees that Bank may honor electronic payments to or from the Ac-

count as authorized by Applicant, when such payments are processed in accordance with law and the applicable payment system rules.

Applicant agrees that the Account is subject to the applicable terms and restrictions, including charges for checkwriting and payment

processing services, as set forth in the current Prospectus or in a separate fee schedule for each Fund.

Applicant agrees that payments made from the Account under this Checkwriting Account Agreement are governed by the laws, includ-

ing the Uniform Commercial Code, as enacted in the State of Missouri, as amended from time to time. Applicant consents to the juris-

diction of the state or federal courts in Missouri over any dispute or claim arising out of the provision of checkwriting or other payment

services under this Agreement. Applicant agrees to examine the statement for the Account promptly. Applicant agrees to report any

claim that a Check or other payment made from the Account was forged, altered, or otherwise not authorized within thirty (30)

days of receipt of the statement by any account holder. Failure to notify the Fund, the Broker or the Bank within that time will

preclude any claim against the Fund, the Broker and the Bank by reason of any unauthorized or missing signature, alteration,

or error of any kind. In the event the Fund, the Broker or the Bank is deemed liable for any unauthorized payment or any failure to

honor a stop payment order that has been properly given, such liability shall not exceed the face amount of the Check or other payment

improperly made.

Scottrade, Inc. - Member

FINRA

and

SIPC

Scottrade Form Page 3