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| MEMBERSHIP
AGREEMENT |
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The undersigned hereby applies
for Primary Membership in the International Swaps and Derivatives
Association, Inc., and if admitted to Primary Membership agrees: |
| (i) |
to
comply with the terms of the Certificate of Incorporation, the
By-laws and such rules and regulations as may be promulgated from
time to time by the Associationís Board of Directors; and |
| (ii) |
to
pay such dues, assessments and other charges in the manner and
amount as shall from time to time be fixed by the Board of Directors
pursuant to the By-laws. |
I/We
hereby certify that the statements made herein are true and complete.
I/We understand that if false information is given in this application
or there are omissions of material facts, admission to Primary
membership in the International Swaps and Derivatives Association,
Inc., will automatically be denied and that if such admission
has been previously granted, such false information will be ground
for expulsion. |
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