Electronic Indemnity Statement

This deed of Indemnity is made to be legally binding on persons who open stockbroking account with Heartbeat Investment Limited upon persons (hereinafter referred to as the client’s which expression shall where the context so admits include its successors -in-title and resigns) in favour of HEARTBEAT INVESTMENTS LIMITED (hereinafter referred to as the “Broker” which expression shall where the context so permits include its successors-in-title and Broker).

Whereas; The client maintains account(s) with the Broker; The clients have requested and the Broker has agreed that the Broker should act on fax, internet, electronic, or scanned copies of documentation for stock transactions with the Broker and for any instructions in respect of the account(s) and/or its operations as if were originals and /or hard copies. Provided that the documentation and instructions are issued in line with the client’s mandate with the Broker.

It is hereby agreed as follows; In consideration of the Broker agreeing to accept that the broker should act on fax, internet, electronic copies of documentation for Stockbroking transactions and any instruction in respect of my/our account(s) and/or its operations. By reason of the completion of the account opening form irrespective of the form (online/offline), hereby irrevocably and unconditionally agree that all fax, internet, electronic scanned copies of any documentation and/or instructions issued by me/us in respect of my/our account(s) or dealings with the Broker shall be binding and enforceable against me/us.

I/we further agree to fully indemnify HEARTBEAT INVESTMENTS LIMITED against any proceedings, claims, expenses, and liabilities whatsoever which may be taken or made against or incurred by the broker by reason of the Broker accepting the fax, electronic, scanned, internet copies of the documentation and/or instruction. I/We further confirm that the Broker by reason of the Broker can set off any such
expenses/cost incurred by it in respect of my/our obligations herein against any of my/our account(s) with the Broker.

I/We agree to be fully bound by the terms of its indemnity.