ACKNOWLEDGMENT OF BUSINESS SCOPE
Client understands that QCI serves as an adviser for other clients and will continue to do so. Client also understands that QCI, its personnel and affiliates (“Affiliated Persons”) may give advice or take action in performing their duties to other clients, or for their own accounts, that differ from advice given to or action taken for Client. QCI is not obligated to buy, sell or recommend to Client any security or other investment that QCI or its Affiliated Persons may buy, sell or recommend for any other client or for their own accounts. This Agreement does not limit or restrict in any way QCI or any of its Affiliated Persons from buying, selling or trading in any securities or other investments for their own accounts.

CONFIDENTIALITY
Except as otherwise agreed in writing or as required by law, QCI will maintain as confidential all information concerning Client’s identity, financial affairs, or investments.

QCI’s Privacy Policy: In connection with providing client with investment advice, or other services, QCI may obtain non-public personal information about client including: Information received from Client on applications, Information about Client transactions with QCI, and/or Information from other Client provided documents or discussions.

QCI will not disclose non-public personal information regarding Client or Client’s account with QCI except under the circumstances of requests from government entities or other third parties in response to subpoenas or other legal process as required by law or Client’s executor, guardian, attorney-in-fact or other authorized representative.

QCI does consider overall data on total value and number of accounts managed, average account balance, average duration, and average account annual return along with any QCI-initiated Client survey responses to be open information for dissemination to the public.

QCI will only respond to information requests from financial service providers (Mortgage brokers, Loaner Originator, etc.) upon written request from the Client and only to the extent authorized by the Client.

QCI Security Policy: Only those individuals who need it to perform their jobs are authorized to have access to confidential client information. QCI maintains physical, electronic, and procedural security measures that comply with applicable state and federal regulations to safeguard confidential Client information.

Closed or Inactive Accounts: If Client decides to close account(s) or become an inactive customer, QCI will adhere to the privacy policies and practices as described in this notice.

Changes to this Privacy Policy: If QCI makes any substantial changes in the way QCI uses or disseminates confidential information, QCI will notify Client.

Death or Disability of Client
If Client is a natural person, the death, disability or incompetency of Client will not terminate or change the terms of this Agreement. However, Client’s executor, guardian, attorney-in-fact or other authorized representative may terminate this Agreement by giving written notice to QCI.

GOVERNING LAW
On November 12, 1999, the Gramm-Leach-Bliley Act (GLBA) was signed into law. One of the major components of the GLBA was the creation of new privacy laws and regulations for federal covered advisers and state-licensed advisers. Compliance for state-licensed advisers became mandatory on July 1, 2001.

GLBA prohibits sharing an individual’s confidential information with non-affiliated third parties unless: You tell the individual that you may share the information with others; You give the individual the opportunity to tell you not to share the information; and The individual does not tell you to keep the information confidential.

This Agreement will be governed by and construed in accordance with the laws of the State of California without giving effect to any conflict or choice of law provisions of that State, provided that nothing in this Agreement will be construed in any manner inconsistent with the California Securities Act and, if applicable to the Account, ERISA and any rule or order of the Department of Labor under ERISA. If any provision of this Agreement is or should become inconsistent with any law or rule of any governmental or regulatory body having jurisdiction over the subject matter of this Agreement, the provision will be deemed to be rescinded or modified in accordance with any such law or rule. In all other respects, this Agreement will continue and remain in full force and effect. No term or provision of this Agreement may be waived or changed except in writing signed by the party against whom such waiver or change is sought to be enforced. QCI’s failure to insist at any time on strict compliance with this Agreement or with any of the terms of the Agreement or any continued course of such conduct on its part will not constitute or be considered a waiver by QCI of any of its rights or privileges. This Agreement contains the entire understanding between Client and QCI concerning the subject matter of this Agreement. Any notice, advice or report to be given to QCI under this Agreement will be delivered in person, by U.S. mail or overnight courier (postage prepaid) or sent by facsimile transmission to QCI at the address on the first page of this Agreement or at such other address as QCI may designate in writing. Any notice, advice or report given to Client under this Agreement will be delivered in person, by U.S. mail or overnight courier (postage prepaid) or sent by facsimile transmission (with a hard copy sent by U.S. mail) to Client at the address designated in writing by the Client in this agreement.

ANNUAL UPDATES
QCI will provide annual updates to the Privacy Policy to all active clients. Annual updates will be delivered in person, by U.S. mail or overnight courier (postage prepaid) or sent by email transmission to Client at the address designated in writing by the Client in this agreement.