Custodial Agreement Default Provisions

Article VIII may be approximated for additional provisions. Deposit agreements are used for a large number of benefit programs such as LSIs and health savings accounts. As a rule, the agreement describes the payment by the person that is paid to the custodian bank, which, in turn, ensures that the funds are held with a bank or other financial institution. Depending on the nature of the account, the custodian bank may not be held liable if the worker`s employer does not provide the necessary resources for the service. For example, if a company does not contribute to a retirement plan, any losses are not the responsibility of the custodian bank. Article VIII of Article VIII and all subsequent provisions may contain additional provisions which the depositor and depositary shall approve at the conclusion of the Agreement. They may include, for example, definitions, investment powers, voting rights, unloading provisions, amendments and cancellations, removal of the depositary bank, deposit fees, legal obligations of the State, start date of distributions, acceptance of liquidity, treatment of excess contributions, prohibited transactions with the depositor, etc. If necessary, hang other pages. By providing services under this agreement, we are acting as your representative. We are not required to provide additional services, unless this has been expressly agreed in accordance with the terms of this Agreement and in accordance with your instructions, or as the code and rules adopted below with respect to AIAS. We may employ representatives and organizations, including but not limited to La Preferred Trust Company, LLC, to provide administrative or other custody-related services with respect to your IRA, for which we are otherwise responsible under this Agreement.

The limits of our obligations to you under this Agreement or any other provision also apply to any representative or organization so employed. You agree to release us from all claims, damages, liabilities, deeds, costs, expenses (including, but not limited to, attorneys` fees) and liability for losses, to maintain and defend without damage caused to the IRA, to you or to a beneficiary, or that we have in connection with or as a result of a sale or investment or other act that is carried out in accordance with and/or in connection with an investment transaction that you or your investment advisor or from its custodian banking business, including, but not limited to, claims, damages, liabilities, actions and losses that you have invoked. . . .