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Form Name	Schwab Beneficiary
Form Length	7 pages
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Avg. time to fill out	1 min 45 sec
Other names	schwab change beneficiary online, schwab designated beneficiary plan agreement, schwab ira beneficiary form, schwab ira beneficiary change

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Schwab฀Designated฀Beneﬁciary฀฀

Plan฀Application

www.schwab.com 1-800-435-4000 Page฀1฀of฀5

Important฀Notes฀About฀This฀Form฀

•฀ Use฀this฀form฀to฀establish฀a฀Designated฀Beneﬁciary฀Plan฀(“Plan”)฀for฀your฀Schwab฀One®฀Brokerage฀account,฀add฀the฀Plan฀to฀a฀new฀Schwab฀Bank฀Investor฀ Checking™฀account,฀change฀beneﬁciary(ies)฀on฀an฀existing฀Plan,฀or฀revoke฀an฀existing฀Plan.฀Any฀changes฀or฀revocations฀must฀be฀in฀writing.

•฀ At฀your฀death,฀or฀the฀death฀of฀the฀last฀surviving฀account฀holder,฀assets฀covered฀by฀this฀Plan฀will฀be฀distributed฀to฀the฀beneﬁciary(ies)฀designated฀on฀this฀form฀or฀ in฀subsequent฀revisions฀submitted฀to฀Charles฀Schwab.

•฀ If฀this฀is฀a฀joint฀account,฀the฀surviving฀account฀holder฀has฀the฀right฀to฀revoke฀the฀Plan฀or฀change฀beneﬁciaries฀following฀your฀death.

•฀ Schwab’s฀Designated฀Beneﬁciary฀Plan฀covers฀only฀assets฀in฀the฀Schwab฀One฀account฀and฀Schwab฀Bank฀Investor฀Checking฀account฀designated฀on฀this฀form.฀฀ A฀separate฀Designated฀Beneﬁciary฀Plan฀application฀is฀required฀for฀any฀other฀eligible฀Schwab฀One฀account฀and฀Schwab฀Bank฀Investor฀Checking฀account.

•฀ Subject฀to฀applicable฀law,฀the฀Designated฀Beneﬁciary฀Plan฀will฀generally฀take฀precedence฀over฀any฀estate฀planning฀vehicles฀such฀as฀a฀will฀ or฀trust.฀Please฀consult฀your฀attorney฀or฀other฀estate฀planning฀advisors฀about฀your฀speciﬁc฀situation.

•฀ If฀you฀have฀a฀Schwab฀Access®฀account฀linked฀to฀your฀Schwab฀One฀Brokerage฀account,฀the฀Schwab฀Access฀account฀will฀automatically฀assume฀the฀same฀ beneﬁciary(ies)฀that฀you฀designate฀for฀the฀Schwab฀One฀Brokerage฀account.

Eligibility฀Requirements฀

•฀ The฀account฀must฀be฀a฀Schwab฀One฀Brokerage฀account.฀If฀the฀account฀is฀a฀general฀brokerage฀account,฀you฀will฀need฀to฀upgrade฀the฀account฀to฀a฀Schwab฀One฀ Brokerage฀account.฀Call฀us฀for฀the฀required฀form.

•฀ Your฀account(s)฀must฀be฀registered฀as฀Individual฀or฀Joint฀Tenants฀with฀Rights฀of฀Survivorship,฀or฀Community฀Property฀with฀Rights฀of฀Survivorship฀(not฀applicable฀ for฀Schwab฀Bank฀Investor฀Checking฀accounts),฀if฀you฀reside฀in฀a฀state฀where฀that฀registration฀is฀permitted.฀Before฀changing฀your฀registration฀in฀order฀to฀become฀ eligible฀for฀the฀Plan,฀you฀should฀consult฀your฀attorney฀or฀other฀estate฀planning฀advisors.

•฀ The฀Plan฀is฀not฀available฀in฀New฀York,฀North฀Carolina฀and฀Louisiana.฀If฀your฀primary฀residence฀subsequently฀changes฀to฀a฀state฀where฀the฀Plan฀is฀not฀offered,฀ this฀designation฀will฀no฀longer฀be฀valid.฀Also,฀if฀your฀primary฀residence฀is฀outside฀the฀United฀States,฀your฀account฀is฀not฀eligible฀for฀this฀Plan.

Important฀Notes฀for฀Schwab฀Bank฀Investor฀Checking฀Clients

•฀ If฀you฀have฀a฀Schwab฀Bank฀Investor฀Checking฀account฀linked฀to฀your฀Schwab฀One฀Brokerage฀account,฀the฀Investor฀Checking฀account฀will฀automatically฀assume฀ the฀same฀beneﬁciary(ies)฀that฀you฀designate฀for฀the฀Schwab฀One฀Brokerage฀account.

•฀ This฀application฀to฀Schwab฀Bank฀applies฀only฀to฀the฀Investor฀Checking฀account฀speciﬁed฀in฀Section฀2.฀It฀does฀not฀apply฀to฀any฀other฀accounts฀you฀may฀have฀at฀ Schwab฀Bank.

“Schwab฀One฀Brokerage฀account”฀refers฀to฀your฀account฀with฀Charles฀Schwab฀&฀Co.,฀Inc.฀(“Schwab”),฀a฀registered฀broker-dealer,฀and฀“Schwab฀Bank฀Investor฀ Checking฀account”฀refers฀to฀your฀account฀with฀Charles฀Schwab฀Bank,฀N.A.฀(“Schwab฀Bank”).฀“Designated฀Beneﬁciary฀Plan”฀is฀the฀term฀Schwab฀uses฀to฀refer฀to฀its฀ Plan฀enabling฀clients฀to฀name฀beneﬁciaries฀on฀their฀Schwab฀One฀Brokerage฀accounts฀and฀applies฀to฀Schwab฀One฀Brokerage฀accounts฀with฀a฀linked฀Schwab฀Bank฀ Investor฀Checking฀account.฀Such฀a฀beneﬁciary฀arrangement฀is฀also฀referred฀to฀as฀Transfer฀on฀Death฀(TOD)฀in฀the฀securities฀industry฀and฀Payable฀on฀Death฀(POD)฀ in฀the฀banking฀industry.฀This฀form฀uses฀the฀phrase฀“Designated฀Beneﬁciary฀Plan,”฀but฀the฀result฀for฀your฀accounts฀is฀the฀same฀as฀it฀would฀be฀if฀the฀beneﬁciary฀ arrangement฀was฀referred฀to฀as฀a฀TOD฀provision฀on฀your฀Schwab฀One฀Brokerage฀account฀and฀a฀POD฀provision฀on฀your฀Schwab฀Bank฀Investor฀Checking฀account.

Charles฀Schwab฀&฀Co.,฀Inc.฀and฀Schwab฀Bank฀are฀separate฀but฀afﬁliated฀companies฀and฀wholly฀owned฀subsidiaries฀of฀The฀Charles฀Schwab฀Corporation.฀Brokerage฀ products฀and฀services฀are฀offered฀by฀Charles฀Schwab฀&฀Co.,฀Inc.,฀member฀SIPC,฀and฀are฀not฀FDIC-insured,฀are฀not฀guaranteed฀deposits฀or฀obligations฀of฀Charles฀ Schwab฀Bank,฀N.A.,฀and฀are฀subject฀to฀investment฀risk,฀including฀possible฀loss฀of฀the฀principal฀invested.฀Deposit฀and฀lending฀products฀and฀services฀are฀offered฀by฀ Schwab฀Bank,฀member฀FDIC,฀an฀Equal฀Housing฀Lender.

Non-Deposit฀Investment฀Products:฀Not฀FDIC-Insured฀•฀No฀Bank฀Guarantee฀•฀May฀Lose฀Value฀

Page฀2฀of฀5

1.฀ Indicate฀Action฀(Check฀one฀box฀only.)

฀ Add฀new฀Plan.฀(Check฀this฀box฀and฀complete฀all฀remaining฀sections.)

฀ Add฀Plan฀to฀a฀new฀Investor฀Checking฀account.฀(Check฀this฀box฀and฀complete฀all฀remaining฀sections.)

฀ Change฀beneﬁciaries฀on฀an฀existing฀Plan.฀(Check฀this฀box฀and฀complete฀Sections฀2,฀3,฀4,฀5฀and฀8.)

฀ Revoke฀an฀existing฀Plan.฀(Check฀this฀box฀and฀complete฀Sections฀2฀and฀8.)

2.฀ Account฀Information

We฀respect฀your฀privacy.฀Schwab฀and฀Schwab฀Bank฀may฀use฀the฀information฀you฀provide฀to฀communicate฀with฀you฀and฀provide฀information฀about฀products฀and฀services.฀

Read฀about฀the฀privacy฀policies฀of฀Charles฀Schwab฀&฀Co.,฀Inc.฀at฀www.schwab.com/privacy฀and฀Charles฀Schwab฀Bank,฀N.A.฀at฀www.schwabbank.com/privacy.do.฀

As฀required฀by฀federal฀law,฀we฀will฀use฀the฀information฀you฀provided฀to฀Schwab฀and฀Schwab฀Bank฀to฀verify฀your฀identity.

Account฀Holder(s)฀Name(s)

Legal฀Residence฀Address฀

City฀

State฀

Zip฀Code

Schwab฀One®฀Brokerage

Account฀Number

If฀you฀have฀a฀Schwab฀Access®฀account,฀please฀provide฀your฀account฀number฀if฀it฀is฀associated฀with฀the฀Schwab฀One฀Brokerage฀account฀listed฀above:฀

Schwab฀Access

Account฀Number

If฀you฀have฀a฀Schwab฀Bank฀Investor฀Checking™฀account,฀please฀provide฀your฀account฀number฀if฀it฀is฀linked฀with฀the฀Schwab฀One฀Brokerage฀account฀listed฀above:฀

Schwab฀Bank฀Investor

Checking฀Account฀Number

฀ Check฀this฀box฀if฀you฀are฀opening฀a฀new฀Investor฀Checking฀account฀and฀you฀do฀not฀yet฀have฀an฀account฀number.

3.฀ Designate฀Your฀Primary฀Beneﬁciaries

At฀the฀death฀of฀the฀account฀holder฀or,฀in฀the฀case฀of฀a฀joint฀account,฀at฀the฀death฀of฀the฀last฀surviving฀account฀holder,฀all฀of฀the฀assets฀in฀the฀account฀shall฀be฀ transferred฀to฀the฀following฀beneﬁciaries฀who฀survive฀the฀last฀surviving฀account฀holder฀by฀120฀hours.฀Unless฀different฀percentages฀are฀indicated฀below,฀the฀assets฀ in฀the฀account฀shall฀be฀divided฀equally฀among฀the฀beneﬁciaries.฀If฀you฀designate฀more฀than฀one฀beneﬁciary,฀please฀make฀sure฀the฀percentages฀add฀up฀to฀100%.

If฀you฀would฀like฀to฀list฀additional฀primary฀or฀contingent฀beneﬁciaries,฀please฀attach฀the฀information฀to฀this฀form.฀Please฀make฀sure฀that฀you฀clearly฀indicate฀primary฀ beneﬁciaries฀and฀any฀contingent฀beneﬁciaries฀and฀percentages฀they฀are฀to฀receive.

If฀you฀later฀wish฀to฀change฀one฀or฀more฀beneﬁciaries,฀you฀must฀complete฀an฀entirely฀new฀Schwab฀Designated฀Beneﬁciary฀Plan฀Application,฀listing฀all฀beneﬁciaries฀ and฀their฀respective฀percentages.

Designated฀%฀	Social฀Security฀Number฀(or฀Trust’s฀Tax฀ID฀Number)฀			Name฀(or฀Name฀of฀Trust฀and฀Trustees฀and฀Date฀of฀Trust)

Home฀Street฀Address฀(no฀P.O.฀boxes฀please)฀					City฀				State฀	Zip฀Code

Relationship฀			Telephone฀Number฀					Date฀of฀Birth฀(mm/dd/yyyy)
฀			(฀	)

Country(ies)฀of฀Citizenship฀(Must฀list฀all.)฀฀฀฀฀฀฀					Country฀of฀Legal฀Residence฀
฀USA฀฀ ฀Other:฀___________________________฀฀		฀Other:฀___________________________฀			฀	฀USA฀฀฀	฀Other:฀________________________________


Designated฀%฀	Social฀Security฀Number฀(or฀Trust’s฀Tax฀ID฀Number)฀			Name฀(or฀Name฀of฀Trust฀and฀Trustees฀and฀Date฀of฀Trust)

Home฀Street฀Address฀(no฀P.O.฀boxes฀please)฀					City฀				State฀	Zip฀Code

Relationship฀			Telephone฀Number฀					Date฀of฀Birth฀(mm/dd/yyyy)
฀			(฀	)

Country(ies)฀of฀Citizenship฀(Must฀list฀all.)฀฀฀฀฀฀฀					Country฀of฀Legal฀Residence฀
฀USA฀฀ ฀Other:฀___________________________฀฀		฀Other:฀___________________________฀			฀	฀USA฀฀฀	฀Other:฀________________________________


Designated฀%฀	Social฀Security฀Number฀(or฀Trust’s฀Tax฀ID฀Number)฀			Name฀(or฀Name฀of฀Trust฀and฀Trustees฀and฀Date฀of฀Trust)

Home฀Street฀Address฀(no฀P.O.฀boxes฀please)฀					City฀				State฀	Zip฀Code

Relationship฀			Telephone฀Number฀					Date฀of฀Birth฀(mm/dd/yyyy)
฀			(฀	)

Country(ies)฀of฀Citizenship฀(Must฀list฀all.)฀฀฀฀฀฀฀					Country฀of฀Legal฀Residence฀
฀USA฀฀ ฀Other:฀___________________________฀฀		฀Other:฀___________________________฀			฀	฀USA฀฀฀	฀Other:฀________________________________

Page฀3฀of฀5

4.฀ Designate฀Your฀Contingent฀Beneﬁciaries

If฀any฀primary฀beneﬁciary฀listed฀in฀Section฀3฀is฀not฀living฀at฀the฀death฀of฀the฀last฀surviving฀account฀holder,฀or฀does฀not฀survive฀the฀last฀surviving฀account฀holder฀by฀

120฀hours,฀or฀disclaims฀the฀assets,฀that฀beneﬁciary’s฀share฀shall฀pass฀to:

Please฀check฀one:

A.฀ ฀The฀other฀primary฀beneﬁciary(ies)฀pro฀rata฀(proportionate฀to฀the฀designated฀percentages).

B.฀ ฀My฀estate฀and฀go฀through฀probate.

C.฀ ฀The฀following฀contingent฀beneﬁciaries฀proportionate฀to฀the฀designated฀percentages฀indicated฀below.

If฀none฀of฀the฀above฀boxes฀is฀selected,฀and฀my฀primary฀beneﬁciary฀listed฀in฀Section฀3฀is฀not฀living฀at฀the฀death฀of฀the฀last฀surviving฀account฀holder,฀ or฀does฀not฀survive฀the฀last฀surviving฀account฀holder฀by฀120฀hours,฀or฀disclaims฀the฀assets,฀that฀beneﬁciary’s฀share฀shall฀pass฀to฀the฀other฀primary฀ beneﬁciary(ies)฀pro฀rata฀(proportionate฀to฀the฀designated฀percentages).฀

Unless฀different฀percentages฀are฀indicated,฀those฀assets฀shall฀be฀divided฀equally฀among฀the฀contingent฀beneﬁciaries฀below.฀

Designated฀%฀	Social฀Security฀Number฀(or฀Trust’s฀Tax฀ID฀Number)฀			Name฀(or฀Name฀of฀Trust฀and฀Trustees฀and฀Date฀of฀Trust)

Home฀Street฀Address฀(no฀P.O.฀boxes฀please)฀					City฀				State฀	Zip฀Code

Relationship฀			Telephone฀Number฀					Date฀of฀Birth฀(mm/dd/yyyy)
฀			(฀	)

Country(ies)฀of฀Citizenship฀(Must฀list฀all.)฀฀฀฀฀฀฀					Country฀of฀Legal฀Residence฀
฀USA฀฀ ฀Other:฀___________________________฀฀		฀Other:฀___________________________฀			฀	฀USA฀฀฀	฀Other:฀________________________________


Designated฀%฀	Social฀Security฀Number฀(or฀Trust’s฀Tax฀ID฀Number)฀			Name฀(or฀Name฀of฀Trust฀and฀Trustees฀and฀Date฀of฀Trust)

Home฀Street฀Address฀(no฀P.O.฀boxes฀please)฀					City฀				State฀	Zip฀Code

Relationship฀			Telephone฀Number฀					Date฀of฀Birth฀(mm/dd/yyyy)
฀			(฀	)

Country(ies)฀of฀Citizenship฀(Must฀list฀all.)฀฀฀฀฀฀฀					Country฀of฀Legal฀Residence฀
฀USA฀฀ ฀Other:฀___________________________฀฀		฀Other:฀___________________________฀			฀	฀USA฀฀฀	฀Other:฀________________________________


Designated฀%฀	Social฀Security฀Number฀(or฀Trust’s฀Tax฀ID฀Number)฀			Name฀(or฀Name฀of฀Trust฀and฀Trustees฀and฀Date฀of฀Trust)

Home฀Street฀Address฀(no฀P.O.฀boxes฀please)฀					City฀				State฀	Zip฀Code

Relationship฀			Telephone฀Number฀					Date฀of฀Birth฀(mm/dd/yyyy)
฀			(฀	)

Country(ies)฀of฀Citizenship฀(Must฀list฀all.)฀฀฀฀฀฀฀					Country฀of฀Legal฀Residence฀
฀USA฀฀ ฀Other:฀___________________________฀฀		฀Other:฀___________________________฀			฀	฀USA฀฀฀	฀Other:฀________________________________

Should฀all฀designated฀primary฀and฀contingent฀beneﬁciary(ies)฀disclaim฀the฀assets,฀predecease฀the฀account฀holder฀or฀not฀survive฀the฀last฀surviving฀account฀holder฀ by฀120฀hours,฀the฀assets฀will฀be฀distributed฀to฀the฀last฀surviving฀account฀holder’s฀estate.

5.฀ Directions฀for฀Distributions฀of฀Assets฀to฀Minor฀Beneﬁciaries฀

Please฀check฀one:

A.฀ ฀None฀of฀my฀designated฀beneﬁciaries฀is฀a฀minor.

B.฀ ฀฀Please฀transfer฀any฀minor’s฀assets฀to฀a฀custodial฀account฀at฀Charles฀Schwab฀&฀Co.฀(and฀Schwab฀Bank,฀if฀Schwab฀One®฀Brokerage฀account฀is฀linked฀to฀a฀ Schwab฀Bank฀Investor฀Checking฀account),฀managed฀by฀the฀custodian(s)฀designated฀below.฀In฀each฀instance฀that฀the฀assets฀pass฀to฀the฀designated฀cus- todian฀as฀the฀custodian฀for฀the฀designated฀minor,฀the฀assets฀shall฀be฀transferred฀under฀the฀Uniform฀Transfer฀to฀Minors฀Act฀(UTMA)฀or฀the฀Uniform฀Gift฀to฀ Minors฀Act฀(UGMA)฀or฀any฀other฀similar฀statute฀in฀effect฀as฀speciﬁed฀below.

C.฀ ฀฀I฀understand฀and฀accept฀that฀a฀court-appointed฀guardian฀may฀have฀to฀be฀appointed฀to฀manage฀the฀minor’s฀assets฀under฀ongoing฀court฀supervision฀if฀I฀do฀ not฀check฀“B”฀above.

If฀you฀have฀checked฀“B,”฀please฀list฀the฀custodian฀for฀each฀minor฀beneﬁciary.

Name฀of฀Custodian฀	As฀Custodian฀for฀(Name฀of฀Minor฀Beneﬁciary)
฀	Under฀the฀UTMA/UGMA฀laws฀of฀the฀state฀of฀___________________฀until฀age฀_________________฀.

Name฀of฀Custodian฀	As฀Custodian฀for฀(Name฀of฀Minor฀Beneﬁciary)
฀	Under฀the฀UTMA/UGMA฀laws฀of฀the฀state฀of฀___________________฀until฀age฀_________________฀.

Name฀of฀Custodian฀	As฀Custodian฀for฀(Name฀of฀Minor฀Beneﬁciary)
฀	Under฀the฀UTMA/UGMA฀laws฀of฀the฀state฀of฀___________________฀until฀age฀_________________฀.

Name฀of฀Custodian฀	As฀Custodian฀for฀(Name฀of฀Minor฀Beneﬁciary)
฀	Under฀the฀UTMA/UGMA฀laws฀of฀the฀state฀of฀___________________฀until฀age฀_________________฀.

Page฀4฀of฀5

6.฀ Designated฀Beneﬁciary฀Plan฀Terms฀of฀Agreement฀with฀Charles฀Schwab฀&฀Co.,฀Inc.

Please฀read฀this฀section฀carefully฀and฀sign฀in฀Section฀8: class,฀regardless฀of฀the฀class฀before฀or฀after฀the฀date฀

A.฀Amendment฀and฀Account฀Agreement.฀The฀ of฀this฀application.

Designated฀Beneﬁciary฀Plan฀(the฀“Plan”)฀adds฀to,฀but฀ If฀it฀cannot฀be฀determined฀whether฀a฀beneﬁciary฀฀

does฀not฀replace฀any฀of,฀the฀terms฀and฀conditions฀ survived฀the฀account฀holder฀by฀120฀hours,฀the฀beneﬁ-

of฀your฀Schwab฀One®฀or฀Schwab฀Access®฀Account฀ ciary฀will฀be฀deemed฀not฀to฀have฀survived฀that฀period.฀

Agreements฀and฀any฀other฀agreements฀between฀you฀ E.฀Revocation฀and฀Changes฀to฀Beneﬁciary฀ and฀Schwab฀that฀apply฀to฀your฀accounts฀with฀Charles฀ Designations.฀You฀may฀change฀your฀named฀฀

Schwab฀&฀Co.,฀Inc.฀(“Schwab”).฀The฀Plan฀consists฀ beneﬁciaries,฀change฀the฀percentages฀that฀you฀wish฀

of฀the฀Plan฀Application,฀including฀the฀Plan฀Terms฀of฀ to฀distribute,฀or฀revoke฀your฀entire฀Plan฀at฀any฀time.฀

Agreement,฀and฀any฀other฀agreements฀between฀you฀ A฀subsequent฀beneﬁciary฀designation฀automatically฀

and฀Schwab฀that฀apply฀to฀the฀Plan.฀If฀any฀of฀the฀Plan฀ revokes฀a฀prior฀designation฀of฀all฀beneﬁciaries,฀in฀its฀ Terms฀of฀Agreement฀should฀conﬂict฀with฀those฀of฀any฀ entirety,฀when฀it฀becomes฀effective.฀In฀order฀to฀be฀

other฀agreements฀that฀apply฀to฀your฀Schwab฀One฀or฀ effective,฀these฀changes฀must฀be฀made฀in฀writing,฀

Schwab฀Access฀accounts,฀as฀they฀may฀be฀amended฀ signed฀by฀all฀living฀account฀holders฀and฀delivered฀to฀

from฀time฀to฀time,฀the฀Plan฀Terms฀of฀Agreement฀will฀ Schwab฀prior฀to฀the฀account฀holder’s฀death.฀Schwab฀ control.฀Unless฀otherwise฀deﬁned,฀capitalized฀terms฀in฀ will฀not฀honor฀any฀change฀of฀beneﬁciary฀made฀in฀a฀will฀ the฀Plan฀Terms฀of฀Agreement฀have฀the฀same฀meaning฀ or฀trust,฀except฀as฀required฀by฀court฀order฀delivered฀to฀

as฀in฀the฀Schwab฀One฀or฀Schwab฀Access฀Account฀ Schwab.฀

Agreements.

An฀attorney-in-fact,฀guardian,฀conservator฀or฀other฀

B.฀Limited฀Availability.฀Only฀Schwab฀One฀or฀ duly฀authorized฀and฀acting฀representative฀of฀the฀

Schwab฀Access฀accounts฀with฀Individual฀or฀Joint฀ account฀holder฀may฀change฀or฀revoke฀the฀beneﬁciary฀

Tenants฀with฀Rights฀of฀Survivorship฀(or฀Community฀ designation฀only฀if฀speciﬁcally฀authorized฀by฀a฀court฀ Property฀with฀Rights฀of฀Survivorship)฀registrations฀are฀ order฀or฀other฀instrument฀of฀appointment฀delivered฀

eligible฀for฀the฀Plan.฀Accounts฀registered฀as฀Tenants- and฀acceptable฀to฀Schwab. in-Common฀or฀Community฀Property฀without฀Rights฀of฀ Survivorship฀(and฀IRAs฀or฀other฀retirement฀accounts)฀ Changes฀in฀the฀relationship฀between฀the฀account฀

are฀ineligible.฀Your฀primary฀residence฀must฀be฀in฀a฀ holder(s)฀and฀any฀designated฀beneﬁciary,฀including,฀

state฀in฀which฀Schwab฀offers฀the฀Plan.฀By฀enrolling฀ but฀not฀limited฀to,฀subsequent฀marriage,฀dissolution฀฀

in฀the฀Plan,฀you฀represent฀to฀us฀that฀your฀primary฀ of฀marriage,฀remarriage฀or฀adoption,฀will฀not฀automati-

residence฀is฀in฀one฀of฀these฀states.฀You฀understand฀ cally฀add฀or฀revoke฀designations฀of฀beneﬁciaries.฀ that฀the฀Plan฀automatically฀terminates฀at฀any฀time฀you฀ For฀example,฀if฀a฀former฀spouse฀was฀a฀designated฀

no฀longer฀have฀a฀primary฀residence฀in฀a฀state฀that฀ beneﬁciary฀prior฀to฀dissolution฀of฀the฀marriage,฀the฀

allows฀for฀the฀Plan,฀in฀which฀event฀all฀designations฀ former฀spouse฀would฀remain฀a฀beneﬁciary฀after฀

cease฀having฀any฀legal฀effect.฀It฀is฀your฀responsibility฀ the฀dissolution฀unless฀his฀or฀her฀designation฀as฀a฀

to฀notify฀us฀in฀writing฀when฀your฀primary฀residence฀ beneﬁciary฀was฀expressly฀revoked฀in฀writing฀that฀was฀

ceases฀to฀be฀in฀an฀eligible฀state,฀and฀we฀will฀then฀ received฀by฀Schwab.฀

cancel฀your฀enrollment฀in฀the฀Plan.฀If฀you฀reestablish฀ F.฀Payment฀on฀Death.฀Beneﬁciary฀designations฀

a฀primary฀residence฀in฀a฀state฀where฀Schwab฀offers฀ under฀your฀Plan฀will฀not฀be฀effective฀until฀the฀death฀

the฀Plan,฀you฀must฀complete฀a฀new฀Designated฀ of฀the฀last฀surviving฀account฀holder.฀If฀this฀is฀a฀joint฀

Beneﬁciary฀Plan฀Application,฀and฀you฀are฀subject฀ account,฀the฀surviving฀account฀holder฀has฀the฀right฀

to฀new฀set-up฀fees.฀If฀you฀have฀any฀questions฀as฀to฀ to฀revoke฀the฀Plan฀or฀change฀beneﬁciaries฀after฀your฀

whether฀your฀primary฀residence฀is฀in฀a฀state฀where฀ death.฀All฀assets฀in฀your฀Plan฀must฀be฀held฀at฀Schwab฀ Schwab฀offers฀the฀Plan,฀please฀visit฀www.schwab.com฀ in฀order฀to฀be฀distributed฀to฀the฀named฀beneﬁciaries฀

or฀your฀local฀branch,฀or฀call฀1-800-742-6262. at฀the฀last฀surviving฀account฀holder’s฀death.฀Transfers฀

C.฀Plan฀Fees.฀You฀will฀be฀charged฀a฀setup฀fee฀of฀$25฀ to฀a฀beneﬁciary(ies)฀include฀any฀interest,฀earnings,฀

to฀enroll฀in฀the฀Plan.฀After฀the฀last฀account฀holder’s฀ dividends,฀etc.,฀associated฀with฀these฀account฀assets฀

death,฀any฀assets฀in฀the฀account฀that฀are฀transferred฀ but฀not฀paid฀or฀credited฀before฀the฀death฀of฀the฀last฀ out฀of฀Schwab฀in฀certiﬁcate฀form฀will฀be฀assessed฀the฀ surviving฀account฀holder.฀Schwab฀has฀no฀duty฀to฀

fees฀then฀being฀charged฀by฀Schwab฀to฀distribute฀in฀ withhold฀a฀transfer฀based฀on฀knowledge฀of฀an฀adverse฀

certiﬁcate฀form.claim฀unless฀written฀notice฀is฀given฀of฀that฀claim฀that฀ affords฀Schwab฀reasonable฀opportunity฀to฀act฀prior฀

D.฀Designation฀of฀Beneﬁciaries.฀You฀must฀desig- to฀making฀the฀transfer.฀It฀is฀the฀responsibility฀of฀each฀ nate฀your฀beneﬁciaries฀in฀writing฀on฀the฀form฀provided.฀ beneﬁciary฀designated฀under฀the฀Plan฀to฀notify฀Schwab฀ Only฀beneﬁciaries฀identiﬁed฀by฀name฀(including฀trusts)฀ of฀the฀death฀of฀the฀account฀owner฀and฀to฀provide:฀฀ will฀share฀in฀the฀account฀proceeds.฀The฀designation฀of฀ (1)฀a฀completed฀Designated฀Beneﬁciary฀Plan฀

named฀individuals฀who฀may฀be฀in฀the฀same฀class฀as฀ Distribution฀Form;฀(2)฀a฀certiﬁed฀copy฀of฀the฀death฀ other฀individuals฀(e.g.,฀children฀and฀grandchildren)฀will฀ certiﬁcate;฀(3)฀a฀notarized฀Afﬁdavit฀of฀Domicile;฀and฀฀

not฀automatically฀include฀the฀other฀members฀of฀the฀ (4)฀a฀tax฀waiver฀if฀required฀by฀state฀law.฀Furthermore,฀it฀

may฀be฀necessary฀to฀require฀proof฀of฀the฀beneﬁciary’s฀ date฀of฀birth฀or฀relationship฀to฀account฀holder.฀We฀ will฀have฀no฀responsibility฀for฀locating฀designated฀ beneﬁciaries.฀We฀reserve฀the฀right,฀in฀our฀sole฀ discretion,฀to฀require฀additional฀documentation,฀to฀ consult฀counsel,฀and฀to฀institute฀legal฀proceedings฀in฀ order฀to฀determine฀the฀proper฀distribution฀of฀account฀ assets,฀which฀shall฀be฀at฀the฀expense฀of฀the฀account.฀

Schwab฀reserves฀the฀right฀to฀withhold฀a฀certain฀ portion฀of฀the฀proceeds฀payable฀to฀any฀beneﬁciary,฀฀ the฀distribution฀to฀whom฀would฀be฀subject฀to฀tax฀under฀ Chapter฀13฀(Generation-Skipping฀Tax)฀or฀any฀other฀ provision฀of฀the฀Internal฀Revenue฀Code,฀or฀under฀ applicable฀state฀laws.฀

G.฀Suitability฀of฀the฀Plan฀for฀You.฀You฀acknowledge฀ that฀Schwab฀has฀not฀advised,฀nor฀will฀advise,฀you฀ on฀whether฀the฀Plan฀is฀appropriate฀for฀you.฀You฀ acknowledge฀that฀a฀Plan฀is฀a฀substitute฀for฀a฀will,฀ trust฀or฀other฀testamentary฀disposition฀of฀those฀ assets฀subject฀to฀the฀Plan฀designation฀and฀may฀ have฀signiﬁcant฀tax,฀estate฀planning฀or฀other฀legal฀ consequences.฀Schwab฀recommends฀that฀you฀seek฀ advice฀from฀your฀tax฀or฀estate฀planning฀advisor฀prior฀฀ to฀enrolling฀in฀the฀Plan.

You฀further฀acknowledge฀that฀this฀Plan฀does฀not฀ constitute฀a฀trust฀and฀that฀Schwab฀has฀no฀ﬁduciary฀ duty฀as฀a฀trustee฀under฀this฀Plan.฀

H.฀Indemnity.฀Schwab฀shall฀incur฀no฀liability฀for฀ any฀payment฀made฀in฀good฀faith฀pursuant฀to฀the฀ Plan.฀You,฀on฀behalf฀of฀yourself,฀your฀estate฀and฀your฀ successors-in-interest,฀including฀those฀receiving฀ payment฀as฀designated฀beneﬁciaries,฀agree฀to฀ indemnify฀and฀hold฀harmless฀Schwab,฀its฀afﬁliates฀and฀ their฀directors,฀ofﬁcers,฀employees฀and฀agents฀from฀ and฀against฀all฀claims,฀actions,฀costs฀and฀liabilities,฀ including฀attorneys’฀fees,฀arising฀out฀of฀or฀relating฀to:

•฀ your฀failure฀to฀notify฀Schwab฀of฀a฀change฀in฀primary฀ residence฀or฀domicile฀that฀may฀cause฀the฀Plan฀not฀ to฀be฀applicable฀at฀the฀time฀of฀the฀account฀holder’s฀ death;

•฀ any฀conﬂicting฀designations฀of฀the฀assets฀in฀your฀ account฀by฀will,฀revocable฀living฀trust฀or฀any฀other฀ instrument;

•฀ any฀written฀change฀of฀designated฀beneﬁciaries฀ that฀you฀have฀made฀that฀is฀not฀received฀by฀Schwab฀ during฀the฀lifetime฀of฀the฀account฀holder;฀and

•฀ any฀other฀claims฀or฀disputes฀not฀due฀to฀Schwab’s฀ fault฀or฀negligence.

I.฀Governing฀Law.฀The฀Plan฀and฀its฀provisions฀ are฀effective฀immediately฀upon฀the฀execution฀of฀ this฀application฀and฀receipt฀by฀Schwab.฀The฀Plan฀is฀ governed฀by฀California฀law฀and฀applicable฀federal฀law,฀ as฀applied฀to฀contracts฀entered฀into฀and฀completely฀ performed฀within฀California.฀

Page฀5฀of฀5

7.฀ Designated฀Beneﬁciary฀Plan—Investor฀Checking฀Account:฀Terms฀of฀Agreement฀with฀Schwab฀Bank

Throughout฀this฀agreement,฀the฀words฀“you,”฀“your”฀ designations฀will฀remain฀in฀effect฀until฀changed฀or฀

and฀“yours”฀refer฀to฀each฀account฀holder.฀“Schwab฀ cancelled฀by฀you.฀During฀your฀lifetime,฀this฀account฀

Bank,”฀“we,”฀“us”฀and฀“our”฀refer฀to฀Charles฀Schwab฀ belongs฀to฀you.฀You฀may฀close฀the฀account,฀remove฀or฀ Bank,฀N.A.฀Any฀capitalized฀terms฀not฀deﬁned฀in฀these฀ add฀a฀beneﬁciary,฀change฀the฀account฀type฀or฀account฀ Terms฀of฀Agreement฀with฀Schwab฀Bank฀can฀be฀found฀ ownership,฀and฀withdraw฀all฀or฀part฀of฀the฀account฀

in฀your฀Schwab฀Bank฀Deposit฀Account฀Agreement.฀ balance.฀Any฀designation,฀revocation฀or฀change฀to฀

A.฀Amendment฀and฀Account฀Agreement.฀This฀ a฀beneﬁciary฀designation฀must฀be฀authorized฀by฀all฀

“Designated฀Beneﬁciary฀Plan—Investor฀Checking฀ surviving฀account฀holders.฀฀

Account:฀Terms฀of฀Agreement฀with฀Schwab฀Bank”฀ D.฀Payment฀on฀Death.฀Upon฀the฀death฀of฀the฀holder฀ supplements฀and฀is฀part฀of฀the฀Schwab฀Bank฀Deposit฀ or,฀if฀there฀are฀co-holders,฀the฀last฀surviving฀co-

Account฀Agreement,฀which฀includes฀an฀arbitration฀ holder,฀any฀Available฀Funds฀remaining฀in฀the฀Investor฀

provision,฀which฀you฀received฀at฀account฀opening.฀ Checking฀account฀belong฀to฀the฀then-surviving฀(if฀

The฀Designated฀Beneﬁciary฀Plan฀with฀Schwab฀Bank฀ any)฀beneﬁciary(ies),฀subject฀to฀our฀right฀to฀charge฀ (the฀“Bank฀Plan”)฀consists฀of฀the฀Schwab฀Designated฀ the฀account฀for฀any฀amount฀the฀deceased฀holder,฀

Beneﬁciary฀Plan฀Application฀and฀these฀Terms฀of฀ co-holder฀or฀beneﬁciary฀owes฀us.฀A฀beneﬁciary฀will฀

Agreement฀with฀Schwab฀Bank.฀If฀there฀is฀a฀conﬂict฀ acquire฀an฀interest฀in฀the฀Investor฀Checking฀account฀

between฀the฀terms฀in฀the฀Bank฀Plan฀and฀the฀terms฀ only฀after฀the฀death฀of฀all฀account฀holders฀and฀then฀

of฀any฀other฀agreement฀that฀applies฀to฀your฀Investor฀ only฀if฀the฀beneﬁciary(ies)฀is฀(are)฀alive.฀Upon฀your฀

Checking฀account,฀the฀terms฀in฀the฀Bank฀Plan฀shall฀ death,฀the฀Available฀Funds฀in฀your฀Investor฀Checking฀

control.฀account฀listed฀on฀this฀application฀will฀become฀the฀

B.฀Limited฀Availability.฀Only฀Investor฀Checking฀ property฀of,฀and฀payable฀to,฀the฀beneﬁciary(ies)฀

accounts฀with฀Individual฀or฀Joint฀Tenants฀with฀Rights฀ listed฀on฀this฀application฀who฀survive(s)฀the฀last฀ of฀Survivorship฀registrations฀are฀eligible฀for฀the฀Bank฀ surviving฀account฀holder฀by฀120฀hours.฀If฀it฀cannot฀

Plan.฀Other฀registration฀types฀are฀ineligible฀for฀the฀ be฀determined฀whether฀a฀beneﬁciary฀survived฀the฀ Bank฀Plan.฀Your฀primary฀residence฀must฀be฀within฀the฀ account฀holder฀by฀120฀hours,฀the฀beneﬁciary฀will฀be฀ United฀States฀in฀a฀state฀where฀Schwab’s฀Designated฀ deemed฀not฀to฀have฀survived฀that฀period.฀Please฀be฀

Beneﬁciary฀Plan฀is฀offered.฀If฀your฀primary฀residence฀ advised฀that฀surviving฀account฀holders฀may฀change฀

subsequently฀changes฀to฀a฀state฀where฀Schwab’s฀ the฀beneﬁciary(ies)฀at฀any฀time.

Designated฀Beneﬁciary฀Plan฀is฀not฀offered,฀this฀Bank฀ If฀there฀is฀an฀Overdraft฀Credit฀Line฀(OCL)฀associated฀

Plan฀and฀your฀beneﬁciary฀designation฀will฀no฀longer฀ with฀your฀Investor฀Checking฀account,฀we฀may฀use฀

be฀valid.the฀funds฀in฀your฀Investor฀Checking฀account฀(or฀

C.฀Designation฀of฀Beneﬁciaries:฀Revocation฀and฀ other฀accounts฀you฀hold฀at฀Schwab฀Bank)฀to฀pay฀all฀

Changes฀to฀Beneﬁciary฀Designation.฀You฀may฀ amounts฀owing฀on฀your฀OCL฀before฀we฀distribute฀any฀

designate฀your฀Investor฀Checking฀account฀to฀be฀ funds฀to฀the฀beneﬁciary(ies).฀฀

payable฀on฀your฀death฀to฀a฀designated฀beneﬁciary(ies)฀ E.฀Suitability฀for฀You.฀You฀acknowledge฀that฀we฀

by฀naming฀them฀on,฀and฀executing,฀the฀Schwab฀ have฀not฀advised฀you฀on฀whether฀the฀Bank฀Plan฀is฀

Designated฀Beneﬁciary฀Plan฀Application.฀These฀ appropriate฀for฀you.฀You฀acknowledge฀that฀the฀Bank฀

Plan฀may฀have฀signiﬁcant฀tax,฀estate฀planning฀or฀other฀ legal฀consequences.฀We฀recommend฀that฀you฀seek฀ advice฀from฀your฀tax฀or฀estate฀planning฀advisor฀prior฀to฀ enrolling฀in฀the฀Bank฀Plan.฀You฀further฀acknowledge฀ that฀this฀Bank฀Plan฀does฀not฀constitute฀a฀trust฀and฀ that฀Schwab฀Bank฀is฀not฀a฀trustee.฀Furthermore,฀we฀ have฀no฀ﬁduciary฀obligations฀to฀you฀under฀this฀Bank฀ Plan.

F.฀Indemnity.฀We฀shall฀incur฀no฀liability฀for฀any฀ payment฀made฀in฀good฀faith฀under฀this฀Bank฀Plan.฀ You,฀on฀behalf฀of฀yourself,฀your฀estate฀and฀your฀ successors-in-interest,฀including฀those฀receiving฀ payment฀as฀designated฀beneﬁciaries,฀agree฀to฀ indemnify฀and฀hold฀harmless฀Schwab฀Bank,฀its฀ afﬁliates฀and฀their฀directors,฀ofﬁcers,฀employees฀and฀ agents฀from฀and฀against฀all฀claims,฀actions,฀costs฀and฀ liabilities,฀including฀attorneys’฀fees,฀arising฀out฀of฀or฀ relating฀to:

•฀ your฀failure฀to฀notify฀us฀of฀a฀change฀in฀primary฀ residence฀that฀may฀cause฀the฀Bank฀Plan฀not฀to฀be฀ applicable฀at฀the฀time฀of฀any฀account฀holder’s฀death;

•฀ any฀conﬂicting฀designations฀of฀the฀assets฀in฀your฀ Investor฀Checking฀account฀by฀will,฀revocable฀living฀ trust฀or฀any฀other฀instrument;

•฀ any฀written฀change฀of฀designated฀beneﬁciaries฀that฀ you฀have฀made฀that฀is฀not฀received฀by฀us฀during฀ your฀lifetime;฀and

•฀ any฀other฀claims฀or฀disputes฀not฀due฀to฀our฀fault฀or฀ negligence.

G.฀Governing฀Law.฀The฀Bank฀Plan฀and฀its฀provisions฀ are฀effective฀immediately฀upon฀the฀execution฀of฀ this฀application฀and฀receipt฀by฀us.฀These฀Terms฀of฀ Agreement฀with฀Schwab฀Bank฀are฀governed฀by฀ Nevada฀law฀and฀applicable฀federal฀law.

8.฀ Account฀Holder฀Authorization

By฀signing฀below,฀I/we฀request฀Charles฀Schwab฀&฀Co.,฀Inc.฀to฀accept฀the฀beneﬁciary(ies)฀for฀my/our฀accounts,฀as฀speciﬁed฀on฀this฀application฀(or฀to฀revoke฀an฀ existing฀Plan,฀if฀that฀box฀is฀checked฀in฀Section฀1฀of฀this฀application).฀I/we฀acknowledge฀and฀agree฀to฀the฀Designated฀Beneﬁciary฀Plan฀Terms฀of฀Agreement฀with฀ Charles฀Schwab฀&฀Co.,฀Inc.฀

Schwab฀Bank฀Investor฀CheckingTM฀Account:฀If฀I/we฀have฀provided฀an฀account฀number฀for฀an฀Investor฀Checking฀account฀in฀Section฀2฀of฀this฀application฀ (or฀checked฀the฀box฀indicating฀a฀new฀Investor฀Checking฀account),฀I/we฀additionally฀request฀Schwab฀Bank฀to฀accept฀the฀beneﬁciary(ies)฀for฀my/our฀Investor฀ Checking฀account฀as฀speciﬁed฀on฀this฀application฀(or฀to฀revoke฀an฀existing฀Plan,฀if฀that฀box฀is฀checked฀in฀Section฀1฀of฀this฀application).฀I/we฀agree฀to฀the฀ Terms฀of฀Agreement฀with฀Schwab฀Bank฀for฀the฀Designated฀Beneﬁciary฀Plan—Investor฀Checking฀Account.฀I/we฀acknowledge฀that฀I/we฀have฀received฀a฀ copy฀of฀these฀Agreement(s).฀

All฀account฀holders฀must฀sign.

฀ Signature(s)฀
฀ Signature(s)฀		X
฀ Required฀	฀	Account฀Holder’s฀Signature฀	฀	Date
	฀

฀ ฀	฀	X
฀ ฀	฀	Additional฀Account฀Holder’s฀Signature฀	฀	Date

฀FOR฀CHARLES฀SCHWAB฀USE฀ONLY:

Branch฀Ofﬁce฀and฀ Account฀Number

Investor฀Checking฀ Account฀Number

฀

Designated฀Beneﬁciary฀Plan฀Terms฀of฀Agreement฀฀ with฀Charles฀Schwab฀&฀Co.,฀Inc.

These฀terms฀relate฀to฀your฀account฀and฀are฀part฀of฀the฀Account฀Agreement฀between฀each฀account฀holder฀and฀Schwab.฀ Please฀retain฀for฀your฀ﬁles.

A.฀Amendment฀and฀Account฀Agreement.฀The฀	If฀it฀cannot฀be฀determined฀whether฀a฀beneﬁciary฀฀	date฀of฀birth฀or฀relationship฀to฀account฀holder.฀We฀
Designated฀Beneﬁciary฀Plan฀(the฀“Plan”)฀adds฀to,฀but฀	survived฀the฀account฀holder฀by฀120฀hours,฀the฀beneﬁ-	will฀have฀no฀responsibility฀for฀locating฀designated฀
does฀not฀replace฀any฀of,฀the฀terms฀and฀conditions฀	ciary฀will฀be฀deemed฀not฀to฀have฀survived฀that฀period.฀	beneﬁciaries.฀We฀reserve฀the฀right,฀in฀our฀sole฀
of฀your฀Schwab฀One®฀or฀Schwab฀Access®฀Account฀	E.฀Revocation฀and฀Changes฀to฀Beneﬁciary฀	discretion,฀to฀require฀additional฀documentation,฀to฀
Agreements฀and฀any฀other฀agreements฀between฀you฀		consult฀counsel,฀and฀to฀institute฀legal฀proceedings฀in฀
	Designations.฀You฀may฀change฀your฀named฀฀
and฀Schwab฀that฀apply฀to฀your฀accounts฀with฀Charles฀		order฀to฀determine฀the฀proper฀distribution฀of฀account฀
	beneﬁciaries,฀change฀the฀percentages฀that฀you฀wish฀
Schwab฀&฀Co.,฀Inc.฀(“Schwab”).฀The฀Plan฀consists฀		assets,฀which฀shall฀be฀at฀the฀expense฀of฀the฀account.฀
	to฀distribute,฀or฀revoke฀your฀entire฀Plan฀at฀any฀time.฀
of฀the฀Plan฀Application,฀including฀the฀Plan฀Terms฀of฀
	A฀subsequent฀beneﬁciary฀designation฀automatically฀	Schwab฀reserves฀the฀right฀to฀withhold฀a฀certain฀
Agreement,฀and฀any฀other฀agreements฀between฀you฀and฀
	revokes฀a฀prior฀designation฀of฀all฀beneﬁciaries,฀in฀its฀	portion฀of฀the฀proceeds฀payable฀to฀any฀beneﬁciary,฀฀
Schwab฀that฀apply฀to฀the฀Plan.฀If฀any฀of฀the฀Plan฀Terms฀
	entirety,฀when฀it฀becomes฀effective.฀In฀order฀to฀be฀	the฀distribution฀to฀whom฀would฀be฀subject฀to฀tax฀under฀
of฀Agreement฀should฀conﬂict฀with฀those฀of฀any฀other฀
	effective,฀these฀changes฀must฀be฀made฀in฀writing,฀	Chapter฀13฀(Generation-Skipping฀Tax)฀or฀any฀other฀
agreements฀that฀apply฀to฀your฀Schwab฀One฀or฀Schwab฀
	signed฀by฀all฀living฀account฀holders฀and฀delivered฀to฀	provision฀of฀the฀Internal฀Revenue฀Code,฀or฀under฀
Access฀accounts,฀as฀they฀may฀be฀amended฀from฀time฀
	Schwab฀prior฀to฀the฀account฀holder’s฀death.฀Schwab฀	applicable฀state฀laws.฀
to฀time,฀the฀Plan฀Terms฀of฀Agreement฀will฀control.฀
	will฀not฀honor฀any฀change฀of฀beneﬁciary฀made฀in฀a฀will฀	G.฀Suitability฀of฀the฀Plan฀for฀You.฀You฀acknowledge฀
Unless฀otherwise฀deﬁned,฀capitalized฀terms฀in฀the฀Plan฀
	or฀trust,฀except฀as฀required฀by฀court฀order฀delivered฀to฀
		that฀Schwab฀has฀not฀advised,฀nor฀will฀advise,฀you฀
Terms฀of฀Agreement฀have฀the฀same฀meaning฀as฀in฀the฀
	Schwab.฀
		on฀whether฀the฀Plan฀is฀appropriate฀for฀you.฀You฀
Schwab฀One฀or฀Schwab฀Access฀Account฀Agreements.

	An฀attorney-in-fact,฀guardian,฀conservator฀or฀other฀	acknowledge฀that฀a฀Plan฀is฀a฀substitute฀for฀a฀will,฀
B.฀Limited฀Availability.฀Only฀Schwab฀One฀or฀
	duly฀authorized฀and฀acting฀representative฀of฀the฀	trust฀or฀other฀testamentary฀disposition฀of฀those฀
Schwab฀Access฀accounts฀with฀Individual฀or฀Joint฀
	account฀holder฀may฀change฀or฀revoke฀the฀beneﬁciary฀	assets฀subject฀to฀the฀Plan฀designation฀and฀may฀
Tenants฀with฀Rights฀of฀Survivorship฀(or฀Community฀
	designation฀only฀if฀speciﬁcally฀authorized฀by฀a฀court฀	have฀signiﬁcant฀tax,฀estate฀planning฀or฀other฀legal฀
Property฀with฀Rights฀of฀Survivorship)฀registrations฀are฀
	order฀or฀other฀instrument฀of฀appointment฀delivered฀	consequences.฀Schwab฀recommends฀that฀you฀seek฀
eligible฀for฀the฀Plan.฀Accounts฀registered฀as฀Tenants-
	and฀acceptable฀to฀Schwab.	advice฀from฀your฀tax฀or฀estate฀planning฀advisor฀prior฀฀
in-Common฀or฀Community฀Property฀without฀Rights฀of฀
	Changes฀in฀the฀relationship฀between฀the฀account฀	to฀enrolling฀in฀the฀Plan.
Survivorship฀(and฀IRAs฀or฀other฀retirement฀accounts)฀

	holder(s)฀and฀any฀designated฀beneﬁciary,฀including,฀	You฀further฀acknowledge฀that฀this฀Plan฀does฀not฀
are฀ineligible.฀Your฀primary฀residence฀must฀be฀in฀a฀
	but฀not฀limited฀to,฀subsequent฀marriage,฀dissolution฀฀	constitute฀a฀trust฀and฀that฀Schwab฀has฀no฀ﬁduciary฀
state฀in฀which฀Schwab฀offers฀the฀Plan.฀By฀enrolling฀
	of฀marriage,฀remarriage฀or฀adoption,฀will฀not฀automati-	duty฀as฀a฀trustee฀under฀this฀Plan.฀
in฀the฀Plan,฀you฀represent฀to฀us฀that฀your฀primary฀
	cally฀add฀or฀revoke฀designations฀of฀beneﬁciaries.฀
residence฀is฀in฀one฀of฀these฀states.฀You฀understand฀		H.฀Indemnity.฀Schwab฀shall฀incur฀no฀liability฀for฀
	For฀example,฀if฀a฀former฀spouse฀was฀a฀designated฀
that฀the฀Plan฀automatically฀terminates฀at฀any฀time฀you฀		any฀payment฀made฀in฀good฀faith฀pursuant฀to฀the฀
	beneﬁciary฀prior฀to฀dissolution฀of฀the฀marriage,฀the฀
no฀longer฀have฀a฀primary฀residence฀in฀a฀state฀that฀		Plan.฀You,฀on฀behalf฀of฀yourself,฀your฀estate฀and฀your฀
	former฀spouse฀would฀remain฀a฀beneﬁciary฀after฀
allows฀for฀the฀Plan,฀in฀which฀event฀all฀designations฀		successors-in-interest,฀including฀those฀receiving฀
	the฀dissolution฀unless฀his฀or฀her฀designation฀as฀a฀
cease฀having฀any฀legal฀effect.฀It฀is฀your฀responsibility฀		payment฀as฀designated฀beneﬁciaries,฀agree฀to฀
	beneﬁciary฀was฀expressly฀revoked฀in฀writing฀that฀was฀
to฀notify฀us฀in฀writing฀when฀your฀primary฀residence฀		indemnify฀and฀hold฀harmless฀Schwab,฀its฀afﬁliates฀and฀
	received฀by฀Schwab.฀
ceases฀to฀be฀in฀an฀eligible฀state,฀and฀we฀will฀then฀		their฀directors,฀ofﬁcers,฀employees฀and฀agents฀from฀

cancel฀your฀enrollment฀in฀the฀Plan.฀If฀you฀reestablish฀	F.฀Payment฀on฀Death.฀Beneﬁciary฀designations฀	and฀against฀all฀claims,฀actions,฀costs฀and฀liabilities,฀
a฀primary฀residence฀in฀a฀state฀where฀Schwab฀offers฀	under฀your฀Plan฀will฀not฀be฀effective฀until฀the฀death฀	including฀attorneys’฀fees,฀arising฀out฀of฀or฀relating฀to:
the฀Plan,฀you฀must฀complete฀a฀new฀Designated฀	of฀the฀last฀surviving฀account฀holder.฀If฀this฀is฀a฀joint฀	•฀ your฀failure฀to฀notify฀Schwab฀of฀a฀change฀in฀primary฀
Beneﬁciary฀Plan฀Application,฀and฀you฀are฀subject฀	account,฀the฀surviving฀account฀holder฀has฀the฀right฀
		residence฀or฀domicile฀that฀may฀cause฀the฀Plan฀not฀
to฀new฀set-up฀fees.฀If฀you฀have฀any฀questions฀as฀to฀	to฀revoke฀the฀Plan฀or฀change฀beneﬁciaries฀after฀your฀
		to฀be฀applicable฀at฀the฀time฀of฀the฀account฀holder’s฀
whether฀your฀primary฀residence฀is฀in฀a฀state฀where฀	death.฀All฀assets฀in฀your฀Plan฀must฀be฀held฀at฀Schwab฀
		death;
Schwab฀offers฀the฀Plan,฀please฀visit฀www.schwab.com฀	in฀order฀to฀be฀distributed฀to฀the฀named฀beneﬁciaries฀
		•฀ any฀conﬂicting฀designations฀of฀the฀assets฀in฀your฀
or฀your฀local฀branch,฀or฀call฀1-800-742-6262.	at฀the฀last฀surviving฀account฀holder’s฀death.฀Transfers฀
C.฀Plan฀Fees.฀You฀will฀be฀charged฀a฀setup฀fee฀of฀$25฀	to฀a฀beneﬁciary(ies)฀include฀any฀interest,฀earnings,฀	account฀by฀will,฀revocable฀living฀trust฀or฀any฀other฀
		instrument;
	dividends,฀etc.,฀associated฀with฀these฀account฀assets฀
to฀enroll฀in฀the฀Plan.฀After฀the฀last฀account฀holder’s฀

	but฀not฀paid฀or฀credited฀before฀the฀death฀of฀the฀last฀	•฀ any฀written฀change฀of฀designated฀beneﬁciaries฀
death,฀any฀assets฀in฀the฀account฀that฀are฀transferred฀
out฀of฀Schwab฀in฀certiﬁcate฀form฀will฀be฀assessed฀the฀	surviving฀account฀holder.฀Schwab฀has฀no฀duty฀to฀	that฀you฀have฀made฀that฀is฀not฀received฀by฀Schwab฀
fees฀then฀being฀charged฀by฀Schwab฀to฀distribute฀in฀	withhold฀a฀transfer฀based฀on฀knowledge฀of฀an฀adverse฀	during฀the฀lifetime฀of฀the฀account฀holder;฀and
certiﬁcate฀form.	claim฀unless฀written฀notice฀is฀given฀of฀that฀claim฀that฀	•฀ any฀other฀claims฀or฀disputes฀not฀due฀to฀Schwab’s฀
	affords฀Schwab฀reasonable฀opportunity฀to฀act฀prior฀
D.฀Designation฀of฀Beneﬁciaries.฀You฀must฀desig-		fault฀or฀negligence.
	to฀making฀the฀transfer.฀It฀is฀the฀responsibility฀of฀each฀
nate฀your฀beneﬁciaries฀in฀writing฀on฀the฀form฀provided.฀		I.฀Governing฀Law.฀The฀Plan฀and฀its฀provisions฀
	beneﬁciary฀designated฀under฀the฀Plan฀to฀notify฀Schwab฀
Only฀beneﬁciaries฀identiﬁed฀by฀name฀(including฀trusts)฀	of฀the฀death฀of฀the฀account฀owner฀and฀to฀provide:฀฀	are฀effective฀immediately฀upon฀the฀execution฀of฀
will฀share฀in฀the฀account฀proceeds.฀The฀designation฀of฀	(1)฀a฀completed฀Designated฀Beneﬁciary฀Plan฀	this฀application฀and฀receipt฀by฀Schwab.฀The฀Plan฀is฀
named฀individuals฀who฀may฀be฀in฀the฀same฀class฀as฀	Distribution฀Form;฀(2)฀a฀certiﬁed฀copy฀of฀the฀death฀	governed฀by฀California฀law฀and฀applicable฀federal฀law,฀
other฀individuals฀(e.g.,฀children฀and฀grandchildren)฀will฀	certiﬁcate;฀(3)฀a฀notarized฀Afﬁdavit฀of฀Domicile;฀and฀฀	as฀applied฀to฀contracts฀entered฀into฀and฀completely฀
not฀automatically฀include฀the฀other฀members฀of฀the฀	(4)฀a฀tax฀waiver฀if฀required฀by฀state฀law.฀Furthermore,฀it฀	performed฀within฀California.฀
class,฀regardless฀of฀the฀class฀before฀or฀after฀the฀date฀	may฀be฀necessary฀to฀require฀proof฀of฀the฀beneﬁciary’s฀
of฀this฀application.

Designated฀Beneﬁciary฀Plan—฀

Investor฀Checking฀Account฀฀

Terms฀of฀Agreement฀with฀Schwab฀Bank

These฀terms฀relate฀to฀your฀account฀and฀are฀part฀of฀the฀Account฀Agreement฀between฀each฀account฀holder฀and฀Schwab฀ Bank.฀Please฀retain฀for฀your฀ﬁles.

Throughout฀this฀agreement,฀the฀words฀“you,”฀“your”฀and฀	designations฀will฀remain฀in฀effect฀until฀changed฀or฀	Plan฀may฀have฀signiﬁcant฀tax,฀estate฀planning฀or฀other฀
“yours”฀refer฀to฀each฀account฀holder.฀“Schwab฀Bank,”฀	cancelled฀by฀you.฀During฀your฀lifetime,฀this฀account฀	legal฀consequences.฀We฀recommend฀that฀you฀seek฀
“we,”฀“us”฀and฀“our”฀refer฀to฀Charles฀Schwab฀Bank,฀N.A.฀	belongs฀to฀you.฀You฀may฀close฀the฀account,฀remove฀or฀	advice฀from฀your฀tax฀or฀estate฀planning฀advisor฀prior฀to฀
Any฀capitalized฀terms฀not฀deﬁned฀in฀these฀Terms฀of฀	add฀a฀beneﬁciary,฀change฀the฀account฀type฀or฀account฀	enrolling฀in฀the฀Bank฀Plan.฀You฀further฀acknowledge฀
Agreement฀with฀Schwab฀Bank฀can฀be฀found฀in฀your฀	ownership,฀and฀withdraw฀all฀or฀part฀of฀the฀account฀	that฀this฀Bank฀Plan฀does฀not฀constitute฀a฀trust฀and฀
Schwab฀Bank฀Deposit฀Account฀Agreement.฀	balance.฀Any฀designation,฀revocation฀or฀change฀to฀	that฀Schwab฀Bank฀is฀not฀a฀trustee.฀Furthermore,฀we฀
A.฀Amendment฀and฀Account฀Agreement.฀This฀	a฀beneﬁciary฀designation฀must฀be฀authorized฀by฀all฀	have฀no฀ﬁduciary฀obligations฀to฀you฀under฀this฀Bank฀
A.฀Amendment฀and฀Account฀Agreement.฀This฀	surviving฀account฀holders.฀฀	Plan.
“Designated฀Beneﬁciary฀Plan—Investor฀Checking฀	surviving฀account฀holders.฀฀	Plan.
“Designated฀Beneﬁciary฀Plan—Investor฀Checking฀
Account:฀Terms฀of฀Agreement฀with฀Schwab฀Bank”฀	D.฀Payment฀on฀Death.฀Upon฀the฀death฀of฀the฀holder฀	F.฀Indemnity.฀We฀shall฀incur฀no฀liability฀for฀any฀
supplements฀and฀is฀part฀of฀the฀Schwab฀Bank฀Deposit฀	or,฀if฀there฀are฀co-holders,฀the฀last฀surviving฀co-	payment฀made฀in฀good฀faith฀under฀this฀Bank฀Plan.฀
Account฀Agreement,฀which฀includes฀an฀arbitration฀	holder,฀any฀Available฀Funds฀remaining฀in฀the฀Investor฀	You,฀on฀behalf฀of฀yourself,฀your฀estate฀and฀your฀
provision,฀which฀you฀received฀at฀account฀opening.฀	Checking฀account฀belong฀to฀the฀then-surviving฀(if฀	successors-in-interest,฀including฀those฀receiving฀
The฀Designated฀Beneﬁciary฀Plan฀with฀Schwab฀Bank฀	any)฀beneﬁciary(ies),฀subject฀to฀our฀right฀to฀charge฀	payment฀as฀designated฀beneﬁciaries,฀agree฀to฀
(the฀“Bank฀Plan”)฀consists฀of฀the฀Schwab฀Designated฀	the฀account฀for฀any฀amount฀the฀deceased฀holder,฀	indemnify฀and฀hold฀harmless฀Schwab฀Bank,฀its฀
Beneﬁciary฀Plan฀Application฀and฀these฀Terms฀of฀	co-holder฀or฀beneﬁciary฀owes฀us.฀A฀beneﬁciary฀will฀	afﬁliates฀and฀their฀directors,฀ofﬁcers,฀employees฀and฀
Agreement฀with฀Schwab฀Bank.฀If฀there฀is฀a฀conﬂict฀	acquire฀an฀interest฀in฀the฀Investor฀Checking฀account฀	agents฀from฀and฀against฀all฀claims,฀actions,฀costs฀and฀
between฀the฀terms฀in฀the฀Bank฀Plan฀and฀the฀terms฀	only฀after฀the฀death฀of฀all฀account฀holders฀and฀then฀	liabilities,฀including฀attorneys’฀fees,฀arising฀out฀of฀or฀
of฀any฀other฀agreement฀that฀applies฀to฀your฀Investor฀	only฀if฀the฀beneﬁciary(ies)฀is฀(are)฀alive.฀Upon฀your฀	relating฀to:
Checking฀account,฀the฀terms฀in฀the฀Bank฀Plan฀shall฀	death,฀the฀Available฀Funds฀in฀your฀Investor฀Checking฀	•฀ your฀failure฀to฀notify฀us฀of฀a฀change฀in฀primary฀
control.฀	account฀listed฀on฀this฀application฀will฀become฀the฀	•฀ your฀failure฀to฀notify฀us฀of฀a฀change฀in฀primary฀
control.฀	account฀listed฀on฀this฀application฀will฀become฀the฀	residence฀that฀may฀cause฀the฀Bank฀Plan฀not฀to฀be฀
	property฀of,฀and฀payable฀to,฀the฀beneﬁciary(ies)฀	residence฀that฀may฀cause฀the฀Bank฀Plan฀not฀to฀be฀
B.฀Limited฀Availability.฀Only฀Investor฀Checking฀	property฀of,฀and฀payable฀to,฀the฀beneﬁciary(ies)฀	applicable฀at฀the฀time฀of฀any฀account฀holder’s฀death;
B.฀Limited฀Availability.฀Only฀Investor฀Checking฀	listed฀on฀this฀application฀who฀survive(s)฀the฀last฀	applicable฀at฀the฀time฀of฀any฀account฀holder’s฀death;
accounts฀with฀Individual฀or฀Joint฀Tenants฀with฀Rights฀	listed฀on฀this฀application฀who฀survive(s)฀the฀last฀	•฀ any฀conﬂicting฀designations฀of฀the฀assets฀in฀your฀
accounts฀with฀Individual฀or฀Joint฀Tenants฀with฀Rights฀	surviving฀account฀holder฀by฀120฀hours.฀If฀it฀cannot฀
of฀Survivorship฀registrations฀are฀eligible฀for฀the฀Bank฀
		Investor฀Checking฀account฀by฀will,฀revocable฀living฀
	be฀determined฀whether฀a฀beneﬁciary฀survived฀the฀
Plan.฀Other฀registration฀types฀are฀ineligible฀for฀the฀
		trust฀or฀any฀other฀instrument;
	account฀holder฀by฀120฀hours,฀the฀beneﬁciary฀will฀be฀
Bank฀Plan.฀Your฀primary฀residence฀must฀be฀within฀the฀

	deemed฀not฀to฀have฀survived฀that฀period.฀Please฀be฀	•฀ any฀written฀change฀of฀designated฀beneﬁciaries฀that฀
United฀States฀in฀a฀state฀where฀Schwab’s฀Designated฀	deemed฀not฀to฀have฀survived฀that฀period.฀Please฀be฀	•฀ any฀written฀change฀of฀designated฀beneﬁciaries฀that฀
United฀States฀in฀a฀state฀where฀Schwab’s฀Designated฀	advised฀that฀surviving฀account฀holders฀may฀change฀	you฀have฀made฀that฀is฀not฀received฀by฀us฀during฀
Beneﬁciary฀Plan฀is฀offered.฀If฀your฀primary฀residence฀	advised฀that฀surviving฀account฀holders฀may฀change฀	you฀have฀made฀that฀is฀not฀received฀by฀us฀during฀
Beneﬁciary฀Plan฀is฀offered.฀If฀your฀primary฀residence฀	the฀beneﬁciary(ies)฀at฀any฀time.	your฀lifetime;฀and
subsequently฀changes฀to฀a฀state฀where฀Schwab’s฀	the฀beneﬁciary(ies)฀at฀any฀time.	your฀lifetime;฀and
subsequently฀changes฀to฀a฀state฀where฀Schwab’s฀
Designated฀Beneﬁciary฀Plan฀is฀not฀offered,฀this฀Bank฀	If฀there฀is฀an฀Overdraft฀Credit฀Line฀(OCL)฀associated฀	•฀ any฀other฀claims฀or฀disputes฀not฀due฀to฀our฀fault฀or฀
Plan฀and฀your฀beneﬁciary฀designation฀will฀no฀longer฀	with฀your฀Investor฀Checking฀account,฀we฀may฀use฀	negligence.
be฀valid.	the฀funds฀in฀your฀Investor฀Checking฀account฀(or฀	G.฀Governing฀Law.฀The฀Bank฀Plan฀and฀its฀provisions฀
C.฀Designation฀of฀Beneﬁciaries:฀Revocation฀and฀	other฀accounts฀you฀hold฀at฀Schwab฀Bank)฀to฀pay฀all฀	G.฀Governing฀Law.฀The฀Bank฀Plan฀and฀its฀provisions฀
	other฀accounts฀you฀hold฀at฀Schwab฀Bank)฀to฀pay฀all฀	are฀effective฀immediately฀upon฀the฀execution฀of฀
	amounts฀owing฀on฀your฀OCL฀before฀we฀distribute฀any฀	are฀effective฀immediately฀upon฀the฀execution฀of฀
Changes฀to฀Beneﬁciary฀Designation.฀You฀may฀	amounts฀owing฀on฀your฀OCL฀before฀we฀distribute฀any฀	this฀application฀and฀receipt฀by฀us.฀These฀Terms฀of฀
Changes฀to฀Beneﬁciary฀Designation.฀You฀may฀	funds฀to฀the฀beneﬁciary(ies).฀฀	this฀application฀and฀receipt฀by฀us.฀These฀Terms฀of฀
designate฀your฀Investor฀Checking฀account฀to฀be฀	funds฀to฀the฀beneﬁciary(ies).฀฀	Agreement฀with฀Schwab฀Bank฀are฀governed฀by฀
designate฀your฀Investor฀Checking฀account฀to฀be฀		Agreement฀with฀Schwab฀Bank฀are฀governed฀by฀
payable฀on฀your฀death฀to฀a฀designated฀beneﬁciary(ies)฀	E.฀Suitability฀for฀You.฀You฀acknowledge฀that฀we฀	Nevada฀law฀and฀applicable฀federal฀law.
by฀naming฀them฀on,฀and฀executing,฀the฀Schwab฀	have฀not฀advised฀you฀on฀whether฀the฀Bank฀Plan฀is฀
Designated฀Beneﬁciary฀Plan฀Application.฀These฀	appropriate฀for฀you.฀You฀acknowledge฀that฀the฀Bank฀

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