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| MEMBERSHIP
AGREEMENT |
The undersigned hereby applies
for Subscriber Membership in the International Swaps and Derivatives
Association, Inc., and if admitted to Subscriber Membership
agrees:
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| (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 Association’s 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 Subscriber 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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