MEMBER - CLIENT AGREEMENT (INTERNET)

In consideration of the mutual understanding as set forth in this agreement, the parties thereto have agreed to the following terms and conditions:

1. The provisions of this agreement shall always be subject to Government notifications, any rules, regulations and guidelines issued by SEBI and Stock Exchange rules, regulations and bylaws that may be in force from time to time.

2. In the event of death or insolvency of the client or his otherwise becoming incapable of receiving and paying for or delivering or transferring securities which the client has ordered to be brought or sold, Member may close out the transaction of the client and the client or his legal representative shall be liable for any losses, costs and entitled to any surplus which may result therefore.

3. The agreement entered into between the Member and the Client shall stand terminated by mutual consent of the parties by giving at least on month written notice. Such cancellation or termination shall not have any effect on transaction executed before the date of such notice of termination and the parties shall enjoy the same rights and shall have same obligation in respect of such transactions.

4. The Trading member hereby undertake to maintain the details of client as mentioned in the client registration form or any other information pertaining to client, in confidence and that he shall not disclose the same to any person/entity except as required under the law;
Provided however, that the Trading Member shall be allowed to share the details of the client as mentioned in the client registration form or any other information pertaining to the client with parties/entities other that required under law with the express permission of the client.

5. The instructions issued by an authorized representative of the Client shall be binding on the Client in accordance with the letter authorizing the said representative to deal on behalf of the client

6. The Stock Exchange may cancel a trade sub-motto without giving any reason thereof. In the event of such Cancellation, Member shall be entitled to cancel relative contract(s) with client.

7. All trades, transitions and contracts are subject to Rules and Regulations of the Stock Exchange and shall to deemed to be and shall take effect as wholly made, entered into and to be performed in the city of Mumbai and the parties to such trade shall be deemed to have submitted to the jurisdiction of the courts in Mumbai for the purpose of giving effect to the provisions of the rules and regulations of the Stock Exchange.

8. The trading member (J.R.G. Securities Limited) affirms that, it does only client based business and is not involved in any proprietary trading.

9. The client here by agrees to keep the shares purchased through the member as margin to the member and allow the member to use these shares for their margin purpose at NSE till the time a written request for transfer of those shares to his/her/their account is given to the member. The client also agrees to keep his payout as margin to comply with NSE/SEBI norms until he demands for the same.

10. I/We also agree that any client introduced by me/us any Pay-in obligation or any other obligation which is pending for a long time will be settled by me/us either in cash or by debiting my trading account with you.

11. I/We here by agree to pay interest @ 1% per week against delay in payment of my/our Pay-in.

12. I/We here by agree to abide, by the changes/additions if any in this agreement from time to time made by the member.

13. I/We hereby agree to consider my/our Margin (cash/security) balances of my/our Derivative A/c. as the margin of my/our Capital Market A/c and also consider my/our Margin balances of Capital Market A/c as the Margin of my/our Derivative A/c.

14. I/We hereby agrees to transfer my/our debit/credit balances to my/our Derivatives A/c with you and vice versa.

15. I/We shall deposit with you monies, securities or other property, which may be required to open and/or maintain my account.

16. All monies, securities or other property, which you may hold on my account, shall be held subject to general lien for the discharge of my obligations to you under this agreement.

17. The MEMBER shall also send the contract note through E-mail to the Client. The Client agrees that the information sent by the Member by E-mail in deemed to be valued delivery of such information by the MEMBER.


IN WITHESS THEREOF, the parties to agreement have caused presents to be executed as of the day and the year first above written.

Signed for and on behalf of Member                                                                                                       Signed for and on behalf of Client


VERTEX Securities Limited