Drew Planners Inc.
Investment Agreement
Investment Program:
It is my understanding, and agreement to grant Drew Planners Inc. permission to trade investments in my account.
Drew at its discretion will select the quantity and type of security, and execute such trades for my account.
Fees:
It is understood that Fees are based upon a percentage of the money under management. Fees are to be deducted quarterly from my account, in arrears. Drew Planners Inc. shall not be compensated in any other manner whatsoever.
Fee Schedule
| Asset Amount |
Annual Fee |
| Under $500,000 |
2.0% |
| $500,000-$750,000 |
1.75% |
| $750,000-$1,000,000 |
1.5% |
| Over $1,000,000 |
1.0% |
Termination:
Either party, via written notice may cancel this agreement at any time. Otherwise it is assumed to continue indefinitely.
Records:
You will receive written confirmation of all trading activity, as well as a monthly statement.
Performance:
This agreement shall in no way infer or guarantee results. You will not hold liable any officer, employee or affiliate of Drew
Planners Inc. for losses sustained in the account. Exception is made for fraud, willful misconduct and violation of the securitites law.
Possession:
It is clearly understood that by setting up an account, the account holder is the owner of the account in its entirty. Drew
Planners Inc. shall only direct trades and fees payable according to its published schedule. The account holder may at any time close the account.
Acknowledgement:
Contract law applicable in the State of New York shall govern this agreement.
