Durable Power of Attorney For All States Except New York and Pennsylvania
Durable Power of Attorney For All States Except New York and Pennsylvania
Durable Power of Attorney For All States Except New York and Pennsylvania
• Use this form to authorize a third party (referred to as your "Agent" or "Attorney-in-Fact") to act on your behalf in connection with your account
listed in Section 1 of this document.
• Use this form if you reside in any state in the U.S. other than New York or Pennsylvania.
• Please review the notice below and initial at the bottom of the page to indicate that you understand it.
This form is not intended to grant authority to an investment advisory firm to place trade orders, make disbursements, or pay fees from your
account. For these purposes, use the Limited Power of Attorney form. This form cannot be used to add an Agent or investment advisor using the
Schwab Advisor Services Platform.
Special State Requirements. For California, Maine, and South Carolina residents, you are required to review and complete additional notices and
fulfill other requirements at the end of this document. For North Carolina residents, pursuant to Section 32A-9, you must register this Durable Power
of Attorney in the office of the Register of Deeds in a county within the state, in order of preference, where: (a) the account holder has legal
residence; (b) the account holder owns property; or (c) the Agent resides. For additional requirements, check the laws of the applicable state.
This Durable Power of Attorney is not permitted on:
• Joint tenant accounts unless all account holders agree to name the same Agent;
• Trust accounts, Organization accounts, or any fiduciary accounts such as Guardianships, Conservatorships, or Estates;
• QRP accounts, Company Retirement Accounts, and i401(k) accounts; or
• Any Schwab brokerage accounts linked to a Schwab Bank Investor CheckingTM account.
I understand that Schwab has not advised me or my Agent that this Durable Power of Attorney satisfies the requirements under the laws of the
state in which it is to be effective. I understand that I should review this legal document carefully with my own attorney/legal professional before
I sign it.
Initial Here By initialing here, I acknowledge that I have reviewed and I understand the preceding notice.
Initial Here
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Durable Power of Attorney For All States Except New York and Pennsylvania Page 2 of 10
Initial Here Initial here to acknowledge that you are granting the powers listed below to the Agent(s) named in Section 4.
Initial Here
• Access account and place trades—Buy, sell, sell short, exchange, convert, tender, or otherwise acquire or dispose of all types of securities and
other investments, including the right to borrow on margin and conduct options transactions to whatever extent this account is approved for these
features.
• Withdraw money—Remove assets from this account by any means available for this account type and regardless of any tax consequences.
Withdrawn assets may be distributed to you or to any third party, including your Agent.
• Move money out of this account—This includes making rollovers, Roth IRA conversions, IRA recharacterizations, or other transfers of assets out of
this account.
• Modify or close account—Modify or close the account named on this form. Modify any address for my profile. Additional documentation will be
required to provide proof of the account holder's incapacitation.
• Open accounts—Use your taxpayer ID number to open any number of new accounts of any type, including managed accounts, for your benefit.
Additional documentation will be required to provide proof of the account holder's incapacitation.
• Authorized Check User Power of Attorney ("Authorized Check User")—Grant unlimited authority to write checks on your account, including checks
made payable to any third party and/or to your Agent.
• Tax powers—Make, execute, present, and modify any tax forms with respect to financial matters related to your account (including, but not limited
to, IRS Forms W-8 and W-9 and other certifications relating to your taxpayer ID number, backup withholding status, foreign status, and/or tax
residency). Make any election available or as required under federal, state, local, or foreign tax law related to your account or any accounts your
Agent may open, to the extent permitted by the applicable taxing authority.
• Acting individually/severally—By initialing above and signing this Durable Power of Attorney form, you are agreeing that if you appoint more than
one Durable Power of Attorney, they may each exercise their authority individually and not jointly.
Note: If option trading is permitted on the account, the Agent must complete the Option Trading & Margin Application.
©2023 Charles Schwab & Co., Inc. All rights reserved. Member SIPC.
(0323-2CL2) APP114024AL-01 (03/23)
Durable Power of Attorney For All States Except New York and Pennsylvania Page 3 of 10
Initial Here By initialing here, I authorize my Agent to name others as beneficiaries. I wish to authorize my Agent to execute or
change a beneficiary designation on my behalf. I understand that for retirement accounts, the Agent will not be
permitted to execute a beneficiary designation in favor of himself or herself.
Initial Here
Initial Here Initialing this box will authorize the agent to change beneficiary designations, including the authority to name
themselves, even if the agent is not an ancestor, spouse, or descendant. It is recommended that the account holder
and agent consult with legal counsel regarding the grant and exercise of this authority as it may impact estate
Initial Here planning objectives. It is the agent's responsibility to comply with applicable state law.
Delegation of Powers
Initial Here By initialing here, I authorize my Agent to delegate all powers to others. I understand that I am delegating all the
powers that I have granted to my Agent (or any portion of such powers as determined by my Agent) to any third party. I
understand that delegated powers include the ability to hire or fire an investment advisor.
Initial Here
4. Agent ("Attorney-in-Fact")
If appointing two Agents, both Agents will have identical powers as indicated in Sections 1–3.
Agent
Order additional Schwab One® checks to be sent to the Agent.
I request that Schwab mail duplicates of the account statements and/or trade confirmations to the Agent.
As required by federal law, Schwab will use the information provided to verify your identity.
Social Security/Tax ID Number Date of Birth (mm/dd/yyyy) Are you known by another name? (Please specify.)
Mailing Address (Include mailing address if different from home/legal address. P.O. boxes may be used.)
*By providing your email address, you consent to receiving email from Schwab. Information about opting out of certain email communications is
provided at schwab.com/privacy.
©2023 Charles Schwab & Co., Inc. All rights reserved. Member SIPC.
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Durable Power of Attorney For All States Except New York and Pennsylvania Page 4 of 10
Country(ies) of Citizenship (List each one separated by a comma.) Country of Legal Residence (Select only one.)
USA Other: USA Other:
ID Number and Type (Please select only one box and provide the relevant information below.)
Passport Driver's License Gov't-Issued ID
Identification Number Country or State of Issuance Issue Date (mm/dd/yyyy) Expiration Date (mm/dd/yyyy)
Occupation (If you selected "Employed" or "Self-Employed," please select one option that best describes your occupation.)
Business Owner/Self-Employed Financial Services/Banking Professional Military Consultant
Executive/Senior Management Information Technology Professional Educator Other (specify):
Medical Professional Other Professional Sales/Marketing
Legal Professional Clerical/Administrative Services U.S. Government Employee (federal/state/local)
Accounting Professional Foreign Government Employee (non-U.S.) Trade/Service (labor/manufacturing/production)
Additional Agent
I request that Schwab mail duplicates of the account statements and/or trade confirmations to the Agent.
As required by federal law, Schwab will use the information provided to verify your identity.
Social Security/Tax ID Number Date of Birth (mm/dd/yyyy) Are you known by another name? (Please specify.)
Mailing Address (Include mailing address if different from home/legal address. P.O. boxes may be used.)
©2023 Charles Schwab & Co., Inc. All rights reserved. Member SIPC.
(0323-2CL2) APP114024AL-01 (03/23)
Durable Power of Attorney For All States Except New York and Pennsylvania Page 5 of 10
*By providing your email address, you consent to receiving email from Schwab. Information about opting out of certain email communications is
provided at schwab.com/privacy.
Country(ies) of Citizenship (List each one separated by a comma.) Country of Legal Residence (Select only one.)
USA Other: USA Other:
ID Number and Type (Please select only one box and provide the relevant information below.)
Passport Driver's License Gov't-Issued ID
Identification Number Country or State of Issuance Issue Date (mm/dd/yyyy) Expiration Date (mm/dd/yyyy)
Occupation (If you selected "Employed" or "Self-Employed," please select one option that best describes your occupation.)
Business Owner/Self-Employed Financial Services/Banking Professional Military Consultant
Executive/Senior Management Information Technology Professional Educator Other (specify):
Medical Professional Other Professional Sales/Marketing
Legal Professional Clerical/Administrative Services U.S. Government Employee (federal/state/local)
Accounting Professional Foreign Government Employee (non-U.S.) Trade/Service (labor/manufacturing/production)
5. All Account Holders Are Required to Sign and Date in the Presence of Two Witnesses and a Notary Public
This Durable Power of Attorney must be signed and dated by the account holder(s) with the signature of the account holder(s) duly acknowledged in
the manner prescribed for the conveyance of real property.
By signing this Durable Power of Attorney form, I am revoking any Power of Attorney forms that I have previously executed for the account named in
Section 1 (including the Authorized Check User Power of Attorney/Limited Power of Attorney/Full Power of Attorney), provided that this Durable
Power of Attorney does not revoke any investment authority that I have granted to my investment advisor on my account if applicable. Schwab may
notify my previous Power of Attorney of his or her removal. By signing this form, I also affirm the following:
I have carefully read the provisions of this Durable Power of Attorney, and I understand that it authorizes my Agent(s), herein named, to exercise all
rights and powers set forth above with respect to my Schwab account and that anything my Agent(s) may do in the exercise of such rights and
powers is fully binding upon me. The Agreement with Schwab includes a predispute arbitration clause. I acknowledge receipt of the predispute
arbitration clause contained in the Required Arbitration Disclosures and Arbitration Agreement sections, of the Power of Attorney Authorization
and Agreement.
X
Signature: Additional Account Holder Print Name Today's Date (mm/dd/yyyy)
©2023 Charles Schwab & Co., Inc. All rights reserved. Member SIPC.
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Durable Power of Attorney For All States Except New York and Pennsylvania Page 6 of 10
The account holder signature(s) must be witnessed. Witnesses must be independent and disinterested persons.
X
Signature: Witness Print Name Today's Date (mm/dd/yyyy)
X
Signature: Witness Print Name Today's Date (mm/dd/yyyy)
The account holder signature(s) must be notarized, even if witnessed above.
Notice to CA Residents: A notary public or other officer completing this certificate verifies only the identity of the individual(s) who signed the
document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document.
TEXAS ,
TARRANT , ,
State of in the County of On (mm/dd/yyyy)
the above-named individual(s) personally appeared before me and proved to me on the basis of satisfactory evidence to be the person(s) whose
name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized
capacity(ies), and that by his/her/their signature(s) on the instrument, the person(s), or the entity upon behalf of which the person(s) acted,
executed the instrument. I certify under PENALTY OF PERJURY that the foregoing paragraph is true and correct.
X (NOTARY SEAL)
Signature: Notary Today's Date (mm/dd/yyyy)
*If your state law permits, notaries may attach the appropriate notarizing declaration in lieu of this notarization.
Notice to CA Residents: A notary public or other officer completing this certificate verifies only the identity of the individual(s) who signed the
document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document.
TEXAS ,
TARRANT , ,
State of in the County of On (mm/dd/yyyy)
the above-named individual(s) personally appeared before me and proved to me on the basis of satisfactory evidence to be the person(s) whose
name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized
capacity(ies), and that by his/her/their signature(s) on the instrument, the person(s), or the entity upon behalf of which the person(s) acted,
executed the instrument. I certify under PENALTY OF PERJURY that the foregoing paragraph is true and correct.
X (NOTARY SEAL)
Signature: Notary Today's Date (mm/dd/yyyy)
*If your state law permits, notaries may attach the appropriate notarizing declaration in lieu of this notarization.
6. CALIFORNIA AND MAINE RESIDENTS: Read and, if applicable, sign and return the applicable attached state disclosures.
SOUTH CAROLINA RESIDENTS: Record this Durable Power of Attorney form and complete and notarize the attached probate clause.
7. Agent ("Attorney-in-Fact") Is Required to Sign and Date in the Presence of a Notary Public
This Durable Power of Attorney must be signed and dated by the Agent(s) appointed, with the signature of the Agent(s) duly acknowledged in the
manner prescribed for the conveyance of real property. By signing below, I acknowledge that I have received the Power of Attorney Authorization and
Agreement and affirm the following:
I have read carefully and I understand and agree to be bound by the provisions of this Durable Power of Attorney, including the terms and conditions
©2023 Charles Schwab & Co., Inc. All rights reserved. Member SIPC.
(0323-2CL2) APP114024AL-01 (03/23)
Durable Power of Attorney For All States Except New York and Pennsylvania Page 7 of 10
of the Agent ("Attorney-in-Fact") Agreement, as well as the terms that bind the account holder and any applicable state notices. I confirm that the
account holder is not deceased and has not revoked, suspended, or terminated (partially or fully) the authority delegated and that there is no
petition pending to determine the incapacity of the account holder. I agree to avoid conflicts that would impair my ability to act in the account
holder's best interest, and I agree to keep the account holder's property separate from any assets I own or control, unless otherwise permitted by
law. I agree to keep a record of all receipts, payments, and transactions conducted for the account holder. I agree to cease acting as Agent if I know,
or have reason to know, that my capacity to act has been limited or terminated for any reason or at the account holder's death. The Agreement with
Schwab includes a predispute arbitration clause. I acknowledge receipt of the predispute arbitration clause contained in the Required Arbitration
Disclosures and Arbitration Agreement sections, of the Power of Attorney Authorization and Agreement.
X
Signature: Additional Agent Print Name Today's Date (mm/dd/yyyy)
The Agent signature(s) must be notarized.
Notice to CA Residents: A notary public or other officer completing this certificate verifies only the identity of the individual(s) who signed the
document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document.
, , ,
State of in the County of On (mm/dd/yyyy)
the above-named individual(s) personally appeared before me and proved to me on the basis of satisfactory evidence to be the person(s) whose
name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized
capacity(ies), and that by his/her/their signature(s) on the instrument, the person(s), or the entity upon behalf of which the person(s) acted,
executed the instrument. I certify under PENALTY OF PERJURY that the foregoing paragraph is true and correct.
X (NOTARY SEAL)
Signature: Notary Today's Date (mm/dd/yyyy)
*If your state law permits, notaries may attach the appropriate notarizing declaration in lieu of this notarization.
Notice to CA Residents: A notary public or other officer completing this certificate verifies only the identity of the individual(s) who signed the
document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document.
the above-named individual(s) personally appeared before me and proved to me on the basis of satisfactory evidence to be the person(s) whose
name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized
capacity(ies), and that by his/her/their signature(s) on the instrument, the person(s), or the entity upon behalf of which the person(s) acted,
executed the instrument. I certify under PENALTY OF PERJURY that the foregoing paragraph is true and correct.
X (NOTARY SEAL)
Signature: Notary Today's Date (mm/dd/yyyy)
*If your state law permits, notaries may attach the appropriate notarizing declaration in lieu of this notarization.
Charles Schwab & Co., Inc. and Charles Schwab Bank, SSB are separate but affiliated companies and subsidiaries of The Charles Schwab Corporation.
Brokerage products are offered by Charles Schwab & Co., Inc., Member SIPC. Deposit and lending products and services are offered by Charles Schwab
Bank, SSB, Member FDIC and an Equal Housing Lender.
©2023 Charles Schwab & Co., Inc. All rights reserved. Member SIPC.
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Durable Power of Attorney For All States Except New York and Pennsylvania Page 8 of 10
©2023 Charles Schwab & Co., Inc. All rights reserved. Member SIPC.
(0323-2CL2) APP114024AL-01 (03/23)
Durable Power of Attorney For All States Except New York and Pennsylvania Page 9 of 10
©2023 Charles Schwab & Co., Inc. All rights reserved. Member SIPC.
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Durable Power of Attorney For All States Except New York and Pennsylvania Page 10 of 10
SPECIAL EXECUTION FOR SOUTH CAROLINA RESIDENTS Pursuant to S.C. Code Ann. §62-5-501(C)
The client must record this Durable Power of Attorney in the same manner as a deed in the county where the Account Holder resides at the time the
instrument is recorded. Two disinterested witnesses must provide notarized signatures below. In addition, the following probate clause must be
completed by one of the below witnesses and notarized accordingly as follows:
The State of South Carolina
County of
} PROBATE
, , ,
State of in the County of On (mm/dd/yyyy)
the above-named individual(s) personally appeared before me and proved to me on the basis of satisfactory evidence to be the person(s) whose
name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized
capacity(ies), and that by his/her/their signature(s) on the instrument, the person(s), or the entity upon behalf of which the person(s) acted,
executed the instrument. I certify under PENALTY OF PERJURY that the foregoing paragraph is true and correct.
NOT REQUIRED
Print Notary Name My Commission Expires (mm/dd/yyyy)
*If your state law permits, notaries may attach the appropriate notarizing declaration in lieu of this notarization.
, , ,
State of in the County of On (mm/dd/yyyy)
the above-named individual(s) personally appeared before me and proved to me on the basis of satisfactory evidence to be the person(s) whose
name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized
capacity(ies), and that by his/her/their signature(s) on the instrument, the person(s), or the entity upon behalf of which the person(s) acted,
executed the instrument. I certify under PENALTY OF PERJURY that the foregoing paragraph is true and correct.
NOT REQUIRED
Print Notary Name My Commission Expires (mm/dd/yyyy)
*If your state law permits, notaries may attach the appropriate notarizing declaration in lieu of this notarization.
©2023 Charles Schwab & Co., Inc. All rights reserved. Member SIPC.
(0323-2CL2) APP114024AL-01 (03/23)
Power of Attorney Authorization and Agreement Page 1 of 4
©2023 Charles Schwab & Co., Inc. All rights reserved. Member SIPC.
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Power of Attorney Authorization and Agreement Page 2 of 4
Section 2. Account Holder's Terms and Conditions
All orders and transactions will be governed by In addition, I have investigated the business initiated prior to Schwab's receipt of notice of
the terms and conditions of all account experience, qualifications and reputation of my revocation.
agreements as applicable to my Account. Agent and am satisfied with the experience,
Transfer Agent. To induce any transfer agent or
qualifications and reputation of my Agent.
Role of Charles Schwab & Co., Inc. other third party to act hereunder, I hereby agree
I acknowledge and agree that: I understand that Schwab has not provided any that any transfer agent or other third party
advice to me regarding this Power of Attorney, receiving a duly executed copy or facsimile of
• Schwab will merely effect trades as directed by and if there is anything about this Power of this Power of Attorney may act upon it, and that
Agent; Attorney that I do not understand, I should revocation or termination hereof shall be
• Schwab will not give legal or tax advice; consult with my attorney for an explanation. ineffective as to such transfer agent or other
third party unless and until actual notice or
• Agent and I are responsible for determining the Indemnification. I hereby ratify and confirm any
knowledge of such revocation or termination
nature, potential value and suitability for me of and all transactions, trades or dealings effected
shall have been received by such transfer agent
any particular investment strategy, transaction in and for my Schwab account by my Agent, and
or other third party, and I, for myself and for my
(including futures transactions) or security I agree to indemnify and hold harmless Schwab,
heirs, executors, legal representatives and
(including equities and options); I will not rely its affiliates, and their directors, officers,
assigns, hereby agree to indemnify and hold
on Schwab for this purpose and, unless employees and agents from and against all
harmless any such transfer agent or third party
(1) required by applicable law, or (2) a Schwab claims, actions, judgments, settlement amounts,
from and against any and all claims that may
representative gives advice directly to me or costs and liabilities, including attorneys' fees,
arise against such transfer agent or other third
Agent that is clearly identified as a Schwab arising out of or relating to:
party by reason of such transfer agent or third
recommendation for me to enter into a party having relied on this instrument.
• their reliance on this Power of Attorney;
particular transaction or to buy or sell a
particular security, Schwab has no • Schwab's execution of Agent's instructions; and Assignment. This Power of Attorney
responsibility for any such determination; • Schwab's execution of disbursement supplements and in no way limits or restricts
instructions received from Agent. rights which Schwab may have under existing
• Schwab is not acting as a fiduciary; law or any other agreement with me. This Power
• I (and not Schwab) am responsible for Furthermore, I agree to indemnify and hold of Attorney will bind my heirs, executors,
investigating and selecting Agent; Schwab harmless from, and to pay Schwab administrators, successors and assigns, and will
promptly upon demand for, any and all losses or benefit Schwab's successors, affiliates and
• Agent is not affiliated with or controlled or financial obligations which may arise from the assigns.
employed by Schwab, and Schwab has not acts or omissions of the Agent with respect to
approved, recommended or endorsed Agent; my Account. I also agree that since Schwab will Governing Law. The laws of the state of
not review, supervise or monitor trading by the California (but not the choice of law doctrines),
• Agent, and not Schwab, is solely responsible as applied to agreements signed and performed
for determining if Agent is required to be Agent in my Account, Schwab will not be liable
and I will not attempt to hold Schwab liable for in California, shall apply and bind the parties in
registered as an Investment Advisor with a any and all questions arising under this Power of
state agency or the Securities and Exchange any trade or decision made by the Agent whom I
have selected, regardless of whether or not any Attorney, including questions of validity,
Commission (SEC). Registration rules vary by interpretation and performance, except that the
state. I agree that it is Agent's responsibility, such trade or decision was specifically
authorized by me. arbitration agreement in Section 4 shall be
and not Schwab's, to check his/her state's governed by the Federal Arbitration Act.
applicable rules; Termination of Authority. This Power of Attorney,
authorization and indemnification will remain in Arbitration. I agree to the arbitration provisions
• Unless required by applicable law, Schwab has in Section 4, which also includes required
no duty to review, supervise or monitor any effect until Schwab is notified in writing of my
death; until I have revoked it by written arbitration disclosures.
investment decision, trading activity or
transaction by Agent in my Account; and notification; or until my Agent has resigned by
written notification and such notification is
• Schwab reserves the right, in its sole received by Schwab. Such revocation will not
discretion, to no longer honor instructions for affect my obligations resulting from transactions
Agent and will notify me if it chooses to do so.
©2023 Charles Schwab & Co., Inc. All rights reserved. Member SIPC.
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Power of Attorney Authorization and Agreement Page 3 of 4
endorses or recommends the Agent; that Verification. Agent authorizes Schwab to inquire Indemnification. Agent agrees to indemnify and
Schwab provides any advice other than that from any source, including a consumer reporting hold harmless Schwab, its affiliates and their
described in this Agreement; that Schwab agency, as to Customer's identity (as required by directors, officers, employees and Agents from
participates in or reviews Agent's trading federal law), creditworthiness and ongoing and against all claims, actions, judgments,
decisions; or that Schwab manages, supervises eligibility for the Account (and that of Customer's settlement amounts, cost and liabilities,
or monitors trading in the Account. spouse, if Customer lives in a community including attorneys' fees, arising out of or
property state) at account opening, at any time relating to:
Any Agent agrees to immediately notify Schwab
throughout the life of the Account, and
of the Customer's death or any termination or • any breach by Agent of any provision of this
thereafter for debt collection or investigative
revocation of the Power of Attorney and/or Agreement;
purposes.
modification of the Power of Attorney.
• the performance or non-performance of the
Monitoring of Conversations. Agent agrees that
Compliance with Applicable Law. Agent will Agent's services; and
Schwab may, but is not obligated to, record
comply with all applicable state and federal laws
telephone calls to monitor the quality of service • any dispute involving Agent and Customer.
(including the Investment Advisers Act of 1940
Agent or Customer receives, to verify securities
and comparable state laws), rules and Entire Agreement. This Agreement contains all
transaction information or for any other valid
regulations as they may be amended from time of the agreements, representations and
purpose. Agent acknowledges that Schwab may
to time, including, without limitation, making understandings made between Agent and
not be able to locate a tape recording unless
such disclosure as may be required by Schwab. All modifications and amendments
Schwab is provided the date and time of the
applicable law, rule or regulation. must be in writing and signed by Schwab.
conversation and the full name of the Schwab
Agent further agrees that Agent, and not representative involved in the conversation. Schwab may amend the Agreement with
Schwab, is solely responsible for determining if Agent agrees that Schwab has the sole right to advance notice to Agent.
Agent is required to be registered as an determine how long tape recordings will be
retained. Assignment. Schwab may assign its rights and
Investment Advisor with a state agency or the
obligations under this Agreement to any
Securities and Exchange Commission (SEC).
Sale and Control of Restricted Securities. subsidiary, affiliate or successor by merger or
Registration rules vary by state. Agent agrees to Before instructing Schwab to sell securities that consolidation without notice to the Agent, or to
check his/her state's applicable rules. are: any other entity after 30 days' written notice to
Agent. Agent may not assign this Agreement
Compliance with FINRA Rules of Fair Practice. • "restricted securities" or securities of an issuer
without Schwab's prior written consent. This
Agent represents and warrants that, unless the of which Agent or the Customer is an
Agreement is binding upon and will inure to the
Agent has given Schwab written notice to the "affiliate" (as those terms are defined in Rule
benefit of each party's successors, heirs, legal
contrary, Agent is not "associated" with a 144 under the Securities Act of 1933), or
representative and permitted assigns.
member of the Financial Industry Regulatory
• securities that are being sold in reliance on
Authority, within the meaning of Article I(Q) of Waivers. The failure of either party at any time to
Rule 701 or Rule 145 under such Act, or
the FINRA bylaws. Agent agrees to give Schwab require performance by the other party of any
prompt and written notice if Agent later • securities of which the Customer or the Agent provision of this Agreement will not affect in any
becomes so associated in accordance with and the issuer or its underwriter have entered way the right to require such performance at any
FINRA's Conduct Rule 3050 (formerly Section 28 into an agreement restricting the transferability time thereafter. The waiver by either party of a
of the Rules of Fair Practice). of such securities, breach of any provision hereof will not be taken
or held to be a waiver of the provision itself.
Information. Agent will provide promptly any Agent agrees to tell Schwab the status of such
information reasonably requested by Schwab securities and promptly furnish whatever Governing Law. The laws of the state of
concerning the management of the Account or information and documents (including opinions California (but not the choice of law doctrines),
compliance with this Agreement. If questions of legal counsel, if requested) that Schwab as applied to agreements signed and performed
arise concerning compliance with any law, requests in order to comply with its regulatory in California, shall apply and bind the parties in
whether federal or state, Agent will take any duties. any and all questions arising under this Power of
action believed by Schwab to be necessary to Attorney, including questions of validity,
Agent agrees not to hold Schwab liable for
ensure compliance with applicable law. This interpretation and performance, except that the
delays in the sale or settlement of such
provision shall not be read to imply that Schwab arbitration agreement in Section 4 below shall
securities, or the release of proceeds from such
has any duty to supervise or monitor Agent's be governed by the Federal Arbitration Act.
sale resulting from the failure of the issuer's
management of Customer's accounts or
counsel to issue in a timely manner or to Arbitration. Agent agrees to the arbitration
compliance with applicable law. Agent
approve any necessary legal opinion, or any provisions in Section 4, which also includes
represents and warrants that all information
other action or failure to act of any person or required arbitration disclosures.
Agent provides to Schwab in this Agreement, or
entity other than Schwab.
otherwise at any time, is true, accurate and
complete. If any information Agent furnishes to Agent agrees not to tender any such securities
Schwab becomes materially inaccurate, false, or as collateral for an obligation the Customer
otherwise misleading, Agent agrees to notify owes Schwab, unless Agent first obtains
Schwab promptly and take such action as is Schwab's prior written consent.
necessary to revise such information.
©2023 Charles Schwab & Co., Inc. All rights reserved. Member SIPC.
(0323-2CL2) APP114024AL-01 (03/23)
Power of Attorney Authorization and Agreement Page 4 of 4
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