Exhibit 10.6


 





 


Form
of


Futures
Account Agreement


 


In
consideration of the acceptance and maintenance of one or more accounts in commodities, commodity futures contracts, options or
commodities or options on commodity futures contracts, exchange for physicals and foreign exchange transactions (collectively,
“futures contracts”) by Wedbush Futures, a division of Wedbush Securities Inc. (“Broker”) for the undersigned
(“Customer”), it is agreed as follows (the Customer Agreement is referred to herein at times as the “Agreement”):


 


	1.	AUTHORIZATION:


 


Customer
authorizes Broker to purchase and sell futures contracts for Customer’s account in accordance with Customer’s oral,
written or electronic instructions. Customer hereby waives any defense that any such instructions were not in writing as may be
required by the Statute of Frauds or any other law, rule, or regulation. If Customer’s account has been introduced to Broker
by an introducing broker (“Introducing Broker”), Customer acknowledges that Broker may pay a portion of its fees and
commissions to Introducing Broker and may share Customer’s information with Introducing Broker. Customer agrees that Broker
shall have no liability with respect to Introducing Broker’s actions or omissions other than as required by applicable law
(the phrase “applicable law(s)” shall be broadly construed to refer also to applicable regulations and the rules and
policies of applicable regulators, clearing houses and exchanges/markets).


 


	2.	MARGIN
    REQUIRED:


 


Customer
will at all times maintain collateral and margin for all accounts as from time to time may be required by Broker in its sole discretion
or demanded by applicable laws. Customer understands that the margins required by Broker may exceed the amounts required by applicable
laws or exchange or clearing house minimums. Customer shall make such margin deposits as and when requested by Broker in such
manner as Broker shall designate. All deposits shall be deemed made when actually received by Broker. Any failure by Broker to
call for margin at any time shall not constitute a waiver of Broker’s right to do so any time thereafter, nor shall it create
any liability to Customer. Broker shall not be liable to Customer for the loss or loss of use of any margin deposits or option
premiums which loss is the direct or indirect result of the bankruptcy, insolvency, liquidation, receivership, custodianship,
or assignment for the benefit of creditors of any bank, other clearing broker, exchange, clearing organization, or similar entity.


 


	3.	FEES
    AND OTHER CHARGES:


 


Customer
shall pay Broker (a) applicable brokerage, commission and other charges on any transaction executed by Broker on Customer’s
behalf in effect from time to time; (b) any charges imposed on such transaction by the exchange or clearing house through which
it is executed, any other transaction fees, and any tax imposed on such transaction by competent authority; (c) the amount of
any loss or cost suffered by Broker that may result from such transaction; and (d) interest and service charges on any deficit
in Customers’ account balance at the rates customarily charged by Broker. Such payments shall be made to Broker at its address
stated above or such other place as Broker gives notice to Customer.


 


	4.	DEBIT
    AUTHORIZATION:


 


In
consideration of the goods, products, and/or services provided to Customer by Broker, Customer hereby authorizes Broker to debit
Customer’s account(s) without further notice for any and all fees, and expenses incurred by Broker and/or its agents and/or
vendors in connection with Customer’s account(s) including, but not limited to, in connection with software, market data,
clearing and exchange fees and expenses, commissions and/ other amounts for which Customer is responsible pursuant to Customer’s
agreements with Broker and/or its agents or vendors.


 


	5.	SINGLE
    ACCOUNT:


 


All
transactions in futures contracts for or in connection with Customer’s accounts shall be deemed to be included in a single
account notwithstanding the fact that such transactions may be segregated on Broker’s records into separate accounts, either
severally or jointly with others. Any transfer between such accounts may be made on Customer’s verbal instructions or at
any time, from time to time, in Broker’s discretion, Broker may without notice to Customer, apply or trans fer any or all
monies, securities, commodities, options, commodity futures contracts or


 


other
property of Customer interchangeably among any of Customer’s accounts; provided, however, that Broker shall not, without
Customer’s prior written consent, use Customer’s net equity in any account subject to the regulations of the CFTC
under the Commodity Exchange Act, as amended (the “Act”), to carry trades or to offset any net deficit of Customer
in goods or property not included in the term “commodity” as defined in said regulations.


 




    	 



    	 



    

 





 


	6.	LIQUIDATION:


 


In
the event that (a) Customer shall fail to timely deposit or maintain or to make payment of margin or any other amount hereunder;
(b) Customer (if an individual) shall die or be judicially declared incompetent or (if an entity) shall be dissolved or otherwise
terminated; (c) a proceeding under the Bankruptcy Act, an assignment for the benefit of creditors, or an application for a receiver,
custodian, or trustee shall be filed or applied for by or against Customer; (d) an attachment is levied against Customer’s
account; (e) the property deposited as collateral is determined by Broker in its sole discretion, regardless of current market
quotation, to be inadequate to properly secure the account; or (f) at any time Broker deems it necessary for its protection for
any reason whatsoever, Broker may, in the manner it deems appropriate in order to prevent or minimize loss, close out Customer’s
open positions in whole or in part, sell any or all of Customer’s property held by Broker, including but not limited to
exchange memberships, buy any securities, futures contracts, options or other property for Customer’s account, and cancel
any outstanding orders and commitments made by Broker on behalf of Customer. Such sale, purchase or cancellation may be made at
Broker’s discretion without advertising the same and without notice to Customer or Customer’s personal representatives
and without prior tender, demand for margin or payment, or call of any kind upon Customer. Broker may purchase the whole or any
part thereof free from any right of redemption. It is understood that a prior demand or call or prior notice of the time and place
of such sale or purchase shall not be considered a waiver of Broker’s right to sell or buy without demand or notice as herein
provided. Customer shall remain liable for and shall pay to Broker immediately the amount of any deficiency in any account of
Customer with Broker resulting from any transaction described above. For purposes of this Customer Agreement, a reasonable amount
of time shall be deemed to be one hour or less, if in Broker’s sole discretion market and/or other conditions required that
margin calls be met in less than one hour.


 


	7.	DISCHARGE
    OF OBLIGATION:


 


Customer
undertakes, at any time upon Broker’s demand, to discharge all obligations to Broker, or, in the event of a closing of any
of Customer’s accounts in whole or in part, to pay Broker the deficiency, if any, including costs, damages or attorney fees
suffered or paid by Broker, directly or indirectly, in connection with such deficiency. In lieu of requiring the immediate discharge
of any of Customer’s obligations, Broker may, in Broker’s discretion, demand security for such obligation (and if
Broker so elects, for all future obligations of Customer) in which event Customer will either discharge all existing obligations
to Broker or furnish such security as Broker shall have demanded, and, in that connection, execute and deliver such security agreements,
financing statements and other documents, informs prescribed or approved by Broker, as Broker shall reasonably request.


 


	8.	RISK
    OF LOSS; INDEMNIFICATION; LIMITATION OF LIABILITY:


 


All
transactions effected for Customer’s accounts and all fluctuations in the market prices of the futures contracts carried
in Customer’s accounts are at Customer’s sole risk and Customer shall be solely liable under all circumstances for
any losses arising from such transactions. By execution of this Agreement, Customer warrants that Customer is willing and financially
able to sustain any such losses. Broker is not responsible for the obligations of the persons with whom Customer’s transactions
are effected, nor is Broker responsible for delays in transmission, delivery or execution of Customer’s orders due to malfunctions
of communications facilities or other causes. Broker shall not be liable to Customer for the loss of any margin deposits which
is the direct or indirect result of the bankruptcy, insolvency, liquidation, receivership, custodianship or assignment for the
benefit of creditors of any bank, another clearing broker, exchange, clearing organization or similar entity. Customer agrees
to indemnify Broker and hold Broker harmless from any liability, cost or expense (including attorneys’ fees, allocated costs
of internal attorneys, compliance and other personnel, and expenses and any fines or penalties imposed by any governmental agency,
contract market, exchange, clearing organization or other self-regulatory body) which Broker may incur or be subjected to with
respect to Customer’s account or any transaction or position therein. Without limiting the generality of the foregoing,
Customer agrees to reimburse Broker on demand for any cost of collection incurred by Broker in collecting any sums owing by Customer
under this Agreement and any cost incurred by Broker in successfully defending itself against any claims asserted by Customer,
including all attorneys’ fees, interest and expenses.


 


Customer
authorizes Broker to purchase and sell futures contracts in accordance with Customer’s or Introducing Broker’s or
an agent’s (as applicable) oral or written instructions. In executing transactions on an exchange, Broker will not be responsible
to Customer for negligence or misconduct of any third party brokers selected by Broker. Broker will not be responsible to Customer
in the event of error, failure, negligence, or misconduct on the part of any non-Guaranteed Introducing Broker, agent, Commodity
Trading Advisor, or other person acting on Customer’s behalf and, without limiting the foregoing, Broker has no obligation
to investigate the facts surrounding any transaction in any account which is introduced by such non-Guaranteed Introducing Broker,
agent, Commodity Trading Advisor, or other person. Further, Broker is not responsible or liable whatsoever for any matter relating
to the practices, actions or any other matter in regard to a non–Guaranteed Introducing Broker, agent, Commodity Trading
Advisor, or other person. If using an Introducing Broker, agent, Commodity Trading Advisor or other person, Customer agrees not
to bring any action or counterclaim against Broker and will assert any such claim against only the Introducing Broker, agent,
Commodity Trading Advisor, or other person for any redress with respect to any matter other than Broker’s gross negligence
or willful misconduct in executing, clearing and/or accounting of transactions.


 




    	 



    	 



    

 





 


With
respect to Guaranteed Introducing Brokers, Customer agrees that Broker’s maximum liability to Customer shall be limited
to the amount of the minimum net capital requirement (calculated in accordance with 17 C.F.R. §1.17 as of the date of the
finding of actual liability) that would have been required for the Guaranteed Introducing Broker had it been a non-Guaranteed
Introducing Broker. Customer expressly acknowledges that a finding of liability against an Introducing Broker may substantially
exceed the amount of the Introducing Broker’s minimum net capital requirement which, in some circumstances, may be as low
as $45,000. This means that Customer’s right to recover from Broker, with respect to any Guaranteed Introducing Broker,
pursuant to the provisions of this paragraph could also be limited to $45,000.


 


Customer
shall have no claim against Broker for any losses caused directly or indirectly by: (a) governmental, court, exchange, regulatory
or self-regulatory organization restrictions, regulations, rules, decisions, or orders; (b) suspension or termination of trading;
(c) war or civil or labor disturbance; (d) delay or inaccuracy in the transmission or reporting of orders due to a breakdown or
failure of computer services, transmission, communication or execution facilities; (e) the failure or delay by any exchange or
clearinghouse to enforce its rules or to pay to Broker any margin due in respect of Customer’s account; (f) the failure
or delay by any bank, trust company, clearing organization, or other person which, pursuant to applicable exchange rules, is holding
Customer funds, securities, or other property to pay or deliver the same to Broker; (g) any other cause or causes beyond Broker’s
control; (h) as a result of any action taken by Broker or its agents to comply with applicable laws; (i) as a result of any actions
taken by Broker in connection with the exercise of available remedies; (j) for acts or omissions of those neither employed nor
supervised by Broker. Broker shall not be responsible for any losses except to the extent that such losses directly arise from
its gross negligence or willful misconduct. In no event will Broker or any of its service providers be liable to Customer for
consequential, incidental or special damages, even if advised of the possibility of such damages. Broker’s violation of
any applicable laws shall not provide Customer with either a defense to a claim by Broker or the basis of a claim against Broker.


 


	9.	FAILURE
    TO DELIVER:


 


If
at any time Customer fails to deliver to Broker any property previously sold by Broker on Customer’s behalf or fails to
deliver property, securities or financial instruments in compliance with futures contracts, or if Broker shall be required or
shall deem it necessary (whether by reason of the requirements of any exchange, clearing house or otherwise) to replace any securities,
futures contracts, financial instruments or other property theretofore delivered by Broker for the account of Customer with other
property of like equivalent kind or account, Customer authorizes Broker in its sole judgment to borrow or to buy any property
necessary to make delivery thereof or to replace any such property previously delivered and to deliver the same to such other
party to whom delivery is to be made. Broker may subsequently repay any borrowing thereof with property purchased or otherwise
acquired for the account of Customer. Customer shall pay Broker for any cost, loss and damage from the foregoing (including consequential
damages, penalties and fines) which Broker may be required to incur or which Broker may sustain from its inability to borrow or
buy any such property.


 




    	 



    	 



    

 





 


	10.	SECURITY
    AGREEMENT:


 


All
monies, securities, options, financial instruments, futures contracts or other property (“property”) now or at any
future time in Customer’s account or held for Customer (either individually or jointly with others) by Broker or by any
clearing house through which Customer’s trades are executed, or which may be in Broker’s or any affiliate’s
possession for any purpose (including safekeeping) are hereby pledged to Broker and shall be subject to a first priority security
interest, general lien and right of set off in Broker’s favor to secure all indebtedness at any time owing from Customer
to Broker and/or its affiliates. Broker is hereby authorized to sell any and all property in any of Customer’s accounts
without notice to satisfy such general lien. Property in or carried for the Customer’s account(s) shall be segregated as
required by the Act and the rules of the CFTC. Subject to such segregation requirements, Customer hereby grants to Broker the
right to pledge, re-pledge, hypothecate, re-hypothecate, or invest, either separately or with other property, any securities or
other property held by Broker for the account of Customer or as collateral therefor, including without limitation to any exchange
or clearing house through which trades of Customer are effected. Broker may deliver securities or other property of like or equivalent
kind or amount. In lieu of requiring the immediate discharge of any obligation of Customer, Broker may, in its discretion, demand
security for such obligation (and, if Broker so elects, for all future obligations of Customer), in which event Customer will
either discharge all existing obligations to Broker or furnish such security as Broker shall have demanded, and, in connection
therewith, execute and deliver security agreements, financing statements, and other documents, in forms required or approved by
Broker. Without the consent of Broker, Customer will not cause or allow any of the collateral held in any Customer account, whether
now owned or hereafter acquired, to be or become subject to liens, security interests, mortgages or encumbrances of any nature
other than the security interest in favor of Broker and its affiliates. Customer acknowledges that Broker and each of its affiliates
act as agents for each other in respect of the collateral subject to the security interest, lien and right of set-off described
above. Broker is authorized to transfer among a regulated account and any other account, including foreign exchange accounts and
non-regulated accounts and vice versa, such excess funds as may be required for any reason Broker deems appropriate in its sole
and absolute discretion.


 


	11.	INVESTMENT
    OF PROPERTY:


 


All
property now or hereafter held or carried by Broker for Customer may from time to time without notice to Customer be invested
by Broker or others, separately or with any other property; provided that such property shall be segregated to the extent required
by, and shall be invested only in accordance with, rules of the CFTC. Broker shall be under no obligation to deliver the same
certificates, instruments or securities deposited with Broker or received by Broker for the account of Customer, but may deliver
other certificates, instruments or securities of like or equivalent kind or amount.


 


	12.	NO
    LIABILITY FOR SYSTEM DELAYS AND FAILURES:


 


Broker
shall not be liable for delays in the transmission or execution of orders due to breakdown or failure of transmission or communication
facilities, or for any other cause beyond Broker’s control including, without limitation, actions taken or resulting in
connection with any third party breach of Customer’s communications systems or technology used by Customer. With respect
to elements of electronic order entry as to which Broker has retained any liability as expressly set forth in writing in this
Agreement, Customer agrees that Broker’s liability shall be limited to gross negligence or willful misconduct. Customer
agrees that Broker shall not be liable for any losses, damages, costs or expense (including, but not limited to, loss of profits,
loss of use, direct, indirect, incidental or consequential damages) arising from (a) any failure or malfunction, including but
not limited to any inability, for any reason, to enter or cancel electronic orders; or (b) any fault in delivery, delay, omission,
suspension, inaccuracy or termination, or any other cause in connection with the furnishing, performance, maintenance, use of
or inability to use all or any part of any electronic order entry system or any of Broker’s and/or exchange services or
facilities used to support any electronic order system (collectively referred to as “ORS”). If, in connection with
the use of any ORS, Customer receives a password, Customer agrees to be solely responsible for any order entered using Customer’s
password. Customer understands that while accessing an ORS through the Internet or otherwise generally is dependable, technical
problems or other conditions may delay or prevent Customer from entering or canceling an order on the ORS, or likewise may delay
or prevent an order transmitted through the ORS from being executed. Broker shall not be liable for, and Customer agrees not to
hold or seek to hold Broker liable for, any technical problems, ORS failures and malfunctions, ORS access issues, ORS capacity
issues, high Internet traffic demand, security breaches and unauthorized access beyond the reasonable control of Broker, and other
similar computer problems and defects. Broker does not represent, warrant or guarantee that Customer will be able to access or
use any ORS at times or locations of Customer’s choosing, or that Broker will have adequate capacity for the ORS as a whole
or in any geographic location. Broker does not represent, warrant or guarantee that the ORS will provide uninterrupted and error
free service. Broker does not make any warranties or guarantees, express or implied, with respect to the ORS or its content, including
without limitation, warranties of merchantability or fitness for a particular purpose. Broker shall not be liable to Customer
for any loss, cost, damages or other injury, whether in contract or tort, arising out of or caused in whole or in part by Customer’s
use of or reliance on the ORS or its content. In no event will Broker be liable to Customer or any third party for any punitive,
consequential, special or similar damages even if advised of the possibility of such damage. In some jurisdictions, the liability
of Broker shall be limited in accordance with this Agreement to the extent permitted by law. Broker reserves the right to suspend
service and deny access to any ORS without prior notice during scheduled or unscheduled ORS maintenance or upgrading or as a result
of any breach by Customer of its obligations to Broker or any other risk to Broker in Broker’s sole discretion.


 




    	 



    	 



    

 





 


Customer
acknowledges and agrees that the ORS may be used only by a User to whom Broker has issued a User ID and authorized a Password;
as such terms are defined below. Broker reserves the right to terminate, suspend or change any User ID or Password and to limit
or restrict, in its sole discretion, the ORS offered to Customer or User for any reason. A “User” is Customer and
any person whom Customer has authorized, in a manner designated by Broker, to access Customer’s accounts through the ORS
or to enter orders. “User ID” means an alphanumeric code that uniquely identifies a User for purposes of the ORS,
and “Password” means any authentication device (including alphanumeric codes) associated with a User ID that Broker
may now or in the future require for access to the Customer’s accounts or to Broker’s ORS.


 


Customer
is fully and solely responsible for all acts and omissions relating to the use of the ORS for its accounts and the use of information
regarding the account, by any person who uses the User ID and Password of any of the Users. Customer may not, and shall ensure
that its Users do not, share its User IDs or Passwords with others, and must notify Broker immediately if it knows or suspects
that the confidentiality of the Password or any of the Users has been compromised. Only persons to whom Broker has issued a User
ID may use the ORS under that User ID. Customer further agrees to notify Broker of the names of any Users to whom it wishes to
provide view-only access, if such access is available, or any other type of authority relating to the accounts or User ID.


 


Customer
will adhere to all procedures instituted by Broker regarding the transmission of orders for execution. Broker and Customer shall
cooperate to correct or reconcile all trades made in error or other differences which may occur between Broker and Customer or
any third party. Customer agrees to immediately compare all reports of execution for accuracy and completeness with orders entered
for execution and acknowledges that Broker shall not be liable in any manner whatsoever for any loss resulting from execution
errors which were or should have been revealed by such comparison unless such errors are reported to Broker prior to 8:00 a.m.
Central Time on the next succeeding business day. Concurrence between the parties with respect to a day’s trades will be
binding, except that Broker shall have the right to amend, add, or cancel any trade if floor and clearing organization reports
properly support such action. Any such amendment, addition, or cancellation will be reported to Customer promptly after receipt
and review of such reports by Broker, and Customer hereby agrees to accept such amendment, addition, or cancellation. Any trade
not specifically authorized by Customer must be immediately reported by Customer to Broker’s Compliance Department and Customer
will be financially responsible for all trades not so reported and for any losses arising from a course of dealing involving a
grant of authority or de facto control over an account to Introducing Broker or any agent.


 


	13.	MARKET
    DATA:


 


In
order for the Customer to receive market data, Customer agrees to the provisions of any regulation, interpretation or document
required by any exchange and market, as well as any Broker policy as maybe amended, from time to time.


 


	14.	FLOOR
    BROKERS; NO ADVICE:


 


Customer
acknowledges and understands that it has a right to specify and direct which broker on the floor of a contract market is selected
to execute an order placed for Customer’s accounts, and Customer hereby expressly waives such right and further agrees to
hold Broker harmless for effecting such selection and from and against any liability, claim or cause of action which Customer
might have against Broker under the Act or otherwise for the alleged action or omission to act of any such floor broker or from
any claim arising from an alleged violation of the Act in the execution of an order for Customer’s accounts by such floor
broker. Customer acknowledges that Broker does not make any trading recommendations or provide trading advice and market or other
information communicated to Customer by Broker does not constitute an offer to sell or the solicitation of an offer to buy any
futures contract. Any such information, although based upon information obtained from sources believed by Broker to be reliable,
may be incomplete, may not be verified and may be changed without notice to Customer, and Broker makes no representation, warranty
or guarantee with respect thereto.


 


	15.	CONSENT
    TO CROSS TRANSACTION:


 


Customer
hereby agrees that Broker, its agents and/or floor brokers handling Broker’s orders, may, without prior notice, execute
Customer’s orders in which Broker, its directors, officers, employees, agents and/or floor brokers may directly or
indirectly, become the buyer to Customer’s sell order or the seller to Customer’s buy order, provided that such
executions are made in accordance with exchange rules and any applicable provision of the Act or regulations of the
CFTC.


 




    	 



    	 



    

 





 


	16.	EXERCISE,
    ASSIGNMENTS, AND DELIVERIES:


 


With
regard to options transactions, Customer understands that some exchange clearing houses have established exercise requirements
for the tender of exercise instructions and that options will become worthless in the event that Customer does not deliver instructions
by such expiration times. At least two business days prior to the last trading day in the case of long and short positions in
options, Customer will give Broker instructions to liquidate, exercise, or allow the expiration of such options, and will deliver
to Broker sufficient funds required in connection with exercise. If such instructions or such funds are not received by Broker
prior to the expiration of the option, Broker may permit an option to expire. Customer also understands that certain exchanges
and clearing houses automatically exercise some “in-the-money” options unless instructed otherwise. Customer acknowledges
full responsibility for taking action either to exercise or to prevent exercise of an option contract, as the case may be; Broker
is not required to take any action with respect to an option, including without limitation any action to exercise a valuable option
contract prior to its expiration or to prevent the automatic exercise of an option, except upon Customer’s express instructions.
Customer further understands that Broker also has established exercise cut-off times, which may be different from the times established
by the contract markets in clearing houses. In the event that timely exercise and assignment instructions are not given, Customer
hereby agrees to waive any and all claims for damage or loss Customer might have against Broker arising out of the fact that an
option was or was not exercised. Customer understands that Broker randomly assigns exercise notices to Customers, that all short
option positions are subject to assignment at any time, including positions established on the same day that exercises are assigned,
and that exercise assignment notices are allocated randomly from among all Customers’ short option positions which are subject
to exercise.


 


With
regard to futures or forwards transactions, liquidating instructions on open positions in a current delivery month must be given
to Broker at least five business days prior to the first notice day in the case of long positions, and at least five business
days prior to the last trading day in the case of short positions. Alternatively, sufficient funds to take delivery or the necessary
delivery documents must be delivered to Broker within the same period described above. If funds, documents or instructions are
not received, Broker may, without notice, either liquidate Customer’s position, roll such position forward, or make or receive
delivery on behalf of Customer upon such terms and by such methods as Broker, in its sole discretion, determines. Broker shall
have no liability to Customer for any such action. If Broker takes delivery of any property for Customer’s account, Customer
agrees to pay all delivery, storage, insurance, interest and related charges, and to guarantee and hold Broker harmless against
any loss it may suffer, directly or indirectly, from a decline in the value of such property. Customer expressly acknowledges
that, particularly in volatile markets, the making or accepting of delivery may involve a higher degree of risk than liquidating
a position by offset.


 


	17.	COMMUNICATIONS;
    EMAIL:


 


All
communications to Customer shall be to Customer’s mailing address indicated below or to such other place as Customer gives
notice in writing to Broker. All communications so sent to Customer, whether by mail, telecopy, messenger or otherwise and electronic
transmission shall be deemed to have been personally delivered to Customer whether actually received or not. Notices sent by messenger
shall be deemed duly given when delivered to the address of Customer as designated below. Notices sent by telecopy shall be deemed
duly given one hour after the time sent. Notices sent by mail shall be deemed duly given at 8:00 A.M. (Chicago time) on the business
day immediately following the date of mailing. All communications to Broker shall be to its address stated above or such other
place as Broker gives notice to Customer.


 


Customer
accepts full responsibility for the use and protection of Customer’s electronic mail addresses as well as for any transmission
or order submitted under Customer’s electronic mail addresses. Customer acknowledges and agrees that use of electronic mail
to submit orders will be at the sole risk of, and will for all purposes be binding upon, the Customer as if the electronic mail
had been submitted by Customer. Customer agrees to any financial liability for any orders transmitted under the Customer’s
electronic email addresses. All transmissions generated by electronic mail will be deemed to be authorized and made by Customer
and Customer agrees to indemnify and defend Broker and its directors, officers, employees, agents or affiliates against any claims,
costs, expenses (including reasonable attorney’s fees) and losses that Broker incurs arising out of Customer’s use
of electronic mail. Broker reserves the right at any time, in its sole discretion, to temporarily or permanently restrict the
use of electronic mail to submit orders. Further, Broker reserves the right, in its sole discretion, to institute or change policies
at any time. To the extent Customer has agreed to receive communications via email, upon Customer’s request, Broker will
use an alternative method of delivering such documents or information to Customer, at Customer’s sole expense, with a fee
established by Broker, which may be adjusted from time to time.


 




    	 



    	 



    

 





 


	18.	REQUEST
    FOR ELECTRONIC TRANSMISSION OF CUSTOMER STATEMENTS:


 


Customer
understands that there is a risk of failure of any electronic transmission, and will not hold Broker liable directly or indirectly
for such failure. If Customer fails to receive any confirmation or other statements that reflect activity of which Customer is
or should be aware in any account, Customer will contact a Broker customer service representative immediately but in no event
by later 8:00 a.m. (Chicago Time) on the, business day following, the day of any such activity.


 


This
consent shall be effective until revoked by Customer in writing, signed by the undersigned and delivered to a Futures Division
of Wedbush Securities Inc., 141 W. Jackson Blvd., Suite 1710-A, Chicago, IL 60604, Attn: Compliance, after receipt and ordinary
course processing by same. In addition, Customer acknowledges that for its protection and the protection of Broker, any request
to change the email address listed below of Customer must be in writing and must bear the signature of Customer. In the event
such a request is received from a legal entity, such as a corporation, limited liability company or partnership, the request must
be accompanied by appropriate documentation establishing that the person signing the request possesses the requisite authority
to bind the entity in a form acceptable to Broker. By signing below, Customer represents that the delivery and execution of this
consent has been, duly authorized.


 


If
Customer requires receipt of paper statements via the United States Postal Service or other means, Broker reserves the right to
charge fees in respect thereof which are posted electronically by Broker and are subject to change without notice. Customer should
periodically verify all applicable fees and expenses. Fees and expenses are available on the Client Portal (https://portal.wedbushfutures.com/Login)
or can be obtained by contacting your Account Executive. Customer will also be required to separately agree to other fees and
expenses by receipt of email acknowledgement from Customer and/or signed Customer acknowledgement (by electronic or manual means)
as determined by Broker.


 


	19.	RIGHTS
    AND REMEDIES:


 


The
rights and remedies conferred upon Broker shall be cumulative, and the exercise of waiver of any thereof shall not preclude or
inhibit the exercise of additional rights and remedies. Broker’s failure at any time to insist upon strict compliance with
this Agreement or any of its terms or any continued course of conduct on Customer’s part shall not constitute or be considered
a waiver by Broker of any of its rights. This Agreement, and the documents contained in the application by Customer to Broker
to open a relationship with Broker entered into in connection herewith, contain the entire agreement between the parties and supersedes
any prior agreements between the parties as to the subject matter hereof. Other than as may be expressly set forth in this Agreement,
no provision of this Agreement shall in any respect be waived, modified, altered, or changed except in writing signed by a duly
authorized officer of Broker.


 


	20.	ASSIGNMENT
    AND SUCCESSION:


 


This
Agreement shall inure to the benefit of the Broker, its successors, and assigns, and shall be binding upon Customer and Customer’s
heirs, estate, executors, administrators, successors and assigns. The provisions of this Agreement shall be continuous and shall
cover individually and collectively all accounts which Customer now maintains or may in the future open or reopen with Broker.
Broker may assign Customer’s account to another registered futures commission merchant by notifying Customer of the date
and name of the intended assignee ten (10) days prior to the assignment. Unless Customer objects to the assignment in writing
prior to the scheduled date for assignment, the assignment will be binding on Customer. Anything to the contrary notwithstanding,
Customer agrees that Broker may modify the terms of this Agreement upon prior written notice to Customer. By continuing to accept
services from Broker, Customer will have indicated acceptance of any such modification. If Customer does not accept such modification,
Customer must notify Broker in writing and Customer’s account may then be terminated, but Customer will remain liable to
Broker for all remaining liabilities and obligations.


 




    	 



    	 



    

 





 


	21.	CUSTOMER
    REPRESENTATION:


 


Customer
represents that (a) (if an individual), such person is of the age of majority, of sound mind, and authorized to open accounts
and enter into this Agreement and to effectuate transactions in futures contracts as contemplated hereby; (b) if an entity, Customer
is validly existing and empowered to enter into this Agreement and to effect transactions in futures contracts as contemplated
hereby; (c) the statements and financial information contained on Customer’s Application submitted herewith (including any
financial statement submitted therewith) are true and correct; (d) Customer has read, understands and has signed the CFTC Risk
Disclosure Statements previously furnished by Broker; and (e) no person or entity has any interest in or control of any account
of which this Agreement pertains except as disclosed in the Customer Information and Application (Customer Application). Customer
further represents that, except as theretofore disclosed to Broker in writing, he is not an officer or an employee of any exchange
board of trade, clearing house, bank or trust company or an “affiliated person” (as defined in the regulations of
the CFTC) of any futures commission merchant, or an introducing broker, or an officer, partner, director, or employee of any securities
broker or dealer. Customer agrees to furnish appropriate financial statements to Broker, to disclose to Broker any significant
changes in the financial position of Customer and to furnish promptly such other information concerning Customer as broker reasonably
request.


 


	22.	CUSTOMER
    ABLE TO ASSUME RISK:


 


Customer
affirms that Customer is able to assume the financial risks of commodity futures trading and that commodity futures’ trading
meets Customer’s financial objectives. Customer agrees to immediately notify Broker if there is any significant change in
Customer’s financial condition or objectives.


 


	23.	CLEARING
    BROKER RESPONSIBILITIES:


 


If
Customer’s account is carried by Broker only as a clearing broker, Customer acknowledges that Broker is not responsible
for the conduct, representations, and statements of the introducing broker in the handling of Customer’s accounts. Customer
acknowledges that Broker’s sole responsibility in such circumstances is to execute, clear and account for orders transmitted
to Broker by or on behalf of Customer.


 


	24.	CONSENT
    TO CREDIT CHECK; ANTI-MONEY LAUNDERING PROVISIONS:


 


Customer
understands an investigation may be made pertaining to Customer’s credit standing and business accounts, and authorizes
Broker to contract such banks, financial institutions, and credit agencies as Broker shall deem appropriate. Customer acknowledges
that any account established pursuant to this Agreement shall be subject to anti-money laundering requirements established by
applicable government agencies or self-regulating organizations. Accordingly, Customer shall promptly provide any documents or
certifications requested by Broker which Broker believes are necessary or advisable to obtain for anti-money laundering compliance
purposes.


 


	25.	LIMITS
    ON POSITIONS HELD:


 


Customer
acknowledges Broker’s right to limit the number of open positions which Customer may maintain or acquire through Broker
at any time and Customer agrees not to make any trade through Broker which would have the effect of exceeding the limitations
imposed on Customer by Broker. Customer further agrees not to exceed the position limits set by the CFTC or any exchange, whether
acting alone or with others, and to promptly advise Broker if Customer is required to file reports of commodity positions with
the CFTC.


 


	26.	FOREIGN
    CURRENCY TRANSACTIONS:


 


If
Customer directs Broker to enter into any futures contract and such transaction is to be effected in a foreign currency; (a) any
profit or loss arising as a result of a fluctuation in the exchange rate affecting such currency will be entirely for the Customer’s
account and risk; (b) all initial and subsequent deposits for market purposes shall be made in U.S. Dollars in such amounts as
Broker in its sole discretion may require; and (c) Broker is authorized to convert funds in the Customer’s accounts into
and from such foreign currency at an exchange rate determined by Broker in its sole discretion and charge applicable fees in connection
therewith.


 




    	 



    	 



    

 





 


	27.	FUNDS
    HELD IN FOREIGN COUNTRIES AND/OR FOREIGN CURRENCY:


 


Customer
acknowledges and understands that Customer’s funds may be held in the United States or the country of origin of any currency
other than the United States, and Customer authorizes and consents to Customer’s funds being held outside the United States
in a jurisdiction other than one of the foregoing or the country of origin of the currency. Accounts are subject to the risk that
events could occur which hinder or prevent the availability of these funds for distribution to customers. Such accounts also may
be subject to foreign currency exchange rate risks. Customer authorizes the deposit, use and/or holding of funds into such as
noted herein.


 


	28.	RECORDING:


 


Customer
understands that Broker in its sole discretion may record, on tape or otherwise, any telephone conversation between Broker and
Customer. Customer hereby agrees and consents to such recording and waives any right Customer may have to object to the admissibility
into evidence of such recording in any legal proceeding to which Broker is a party or in which Broker’s records are subpoenaed.


 


	29.	DESIGNATION
    OF AGENT FOR SERVICE OF PROCESS (APPLIES TO FOREIGN TRADERS AND FOREIGN BROKERS ONLY):


 


CFTC
Rule 15.05 provides that a futures commission merchant that executes transactions for the account of a foreign trader or foreign
broker will be deemed to be the agent of that foreign trader or foreign broker for purposes of accepting delivery of any communication
issued by or on behalf of the CFTC. The futures commission merchant is then required to transm it promptly any such communication
to the foreign trader or foreign broker. A foreign trader or foreign broker may, however, designate an agent other than its futures
commission merchant. Such alternate designation must be evidenced by a written agreement, which must be provided to the futures
commission merchant prior to the opening of the account, and which the futures commission merchant, in turn, must forward to the
CFTC. Accordingly, for any foreign trader or foreign broker Customer, unless Customer makes the alternate designation described
above, Broker will be deemed Customer’s agent (and, if Customer is a broker, the agent of each Customer holding a position
in Customer’s account) for purposes of receiving and transmitting all CFTC communications to Customer pursuant to CFTC Rules
15.05 and 21.03. This includes, but is not limited to, special calls for information. In the event of a special call for information,
Broker shall be required to provide the information set forth in CFTC Regulation 21.03(e). Customer should be aware that failure
to respond to a special call may cause the CFTC to prohibit execution of trades (other than offsetting trades) for Customer for
contracts having the expiration date(s) and month(s) set forth in the special call.


 


	30.	TERMINATION:


 


This
Agreement may be terminated by Broker or Customer immediately upon written notice to the other party; however, in the event of
Customer’s bankruptcy, death, incompetence, dissolution or failure to provide adequate margin, Broker may terminate immediately
without prior notice to Customer. In the event of termination and where Broker has not liquidated positions in an account under
its rights granted in this Agreement, Customer shall immediately liquidate such positions, or transfer such positions to another
FCM. If Customer does not comply with the foregoing, Broker may liquidate the positions and Customer agrees to indemnify and hold
Broker harmless from any and all losses resulting from such liquidation. Notwithstanding any termination, Customer shall satisfy
all obligations to Broker arising hereunder (including, but not limited to, payment of applicable debit balances, commissions,
fees, including fees with respect to the transfer of positions to another FCM). The termination of this Agreement shall not affect
the obligations of the parties arising from transactions entered into prior to such termination. Any section of this Agreement
which is expressed or required to survive, or should by its nature survive, shall survive any termination and, without limitation,
all indemnity obligations, waivers of liability in favor of Broker and provisions relating to choice of law, venue and/or arbitration,
shall be broadly construed to survive termination.


 


	31.	OFFSETTING
    POSITIONS:


 


If
Customer maintains separate accounts in which, pursuant to CFTC Regulation 1.46, offsetting positions are not closed out, Broker
hereby advises Customer that (if held open) offsetting long and short hedge positions in the separate accounts may result in the
charging of additional fees and commissions and the payment of additional margin, although offsetting positions will result in
no additional market gain or loss.


 




    	 



    	 



    

 





 


	32.	ELECTRONIC
    SIGNATURE:


 


Customer
agrees that any records stored by a printed media storage method shall be deemed complete, true and genuine record of Customer’s
account documents and signatures. If Customer elects to open an account through the use of an electronic signature under the federal
E-SIGN legislation, such electronic signature will meet the requirements of an original signature. However, at the sole discretion
of Broker, documents signed and transmitted by facsimile machine or electronic mail may be accepted as original documents. The
signature of any person or entity thereon, is to be considered as an original signature and the document transmitted is to be
considered to have the same binding effect as an original signature on an original document. No party hereto may raise the use
of a facsimile or telecopier machine as a defense to the enforcement of this Agreement or any amendment or other document executed
in compliance with this section. Customer attests that if Customer has downloaded this Agreement from the internet or any electronic
message, Customer has printed it directly from the PDF or other electronic file provided by Broker without modification. Customer
consents and agrees that its use of a key pad, mouse or other device to select an item, button, icon or similar act/action while
using any electronic service Broker offers, or in accessing or making any transactions regarding any agreement, acknowledgment,
consent, terms, disclosures or conditions constitutes such Customer’s signature, acceptance and agreement as if actually
signed by such Customer in writing. Further, Customer agrees that no certification authority or other third party verification
is necessary to the enforceability of their signature or any resulting contract between them and Broker.


 


	33.	HEADINGS
    AND GENDER:


 


The
headings of each provision are for descriptive purposes only and shall not be deemed to modify or qualify any of the rights or
obligations set forth in each provision. Where the context requires, the singular shall import the plural and the masculine shall
import the feminine.


 


	34.	GOVERNING
    LAW:


 


This
Agreement shall be governed by the laws of the State of Illinois. No action, regardless of form, arising out of transactions under
this Agreement may be brought by customer more than one year after the cause of action arose. This paragraph acts as a waiver
of the Act’s two-year statute of limitations for filing complaints in Reparations, the National Futures Association’s
two-year statute of limitations for filing Demands for Arbitrations and also acts as a waiver of all other state and federal law
limitation periods.


 


	35.	ACKNOWLEDGEMENT
    OF RECEIPT OF RISK DISCLOSURE STATEMENT:


 


Customer
hereby acknowledges receipt and Customer understands each of the following documents prior to the opening of the account; Risk
Disclosure Statement for Futures and Options, and Electronic Trading and Order Routing Systems Disclosure Statement.


 


	36.	FCM
    DISCLOSURE DOCUMENT (RULE 1.55) ACKNOWLEDGEMENT:


 


The
CFTC requires each futures commission merchant (“FCM”) to provide certain information to a customer prior to the time
the customer first enters into an account agreement with the FCM or deposits money or securities (funds) with the FCM. To view
this disclosure document, visit the following link, http://wedbushfutures.com/disclosures/disclosures.


 


	37.	DISCLOSURE
    STATEMENT RELATING TO NON-CASH MARGIN:


 


This
statement is furnished to you because Rule 190.10(c) of the CFTC requires it for reasons of fair notice unrelated to Broker’s
current financial condition.


 


	 	A.	Customer
    should know that in the unlikely event of Broker’s bankruptcy, property, including property specifically traceable to
    Customer, will be returned, transferred or distributed to Customer, or on Customer’s behalf, only to the extent of Customer’s
    pro-rata share of all property available for distribution to customers.
	 	 	 
	 	B.	Further
    notice concerning the terms for the return of specifically identifiable property will be by publication in a newspaper of
    general circulation.
	 	 	 
	 	C.	The
    CFTC’ regulations concerning bankruptcies of Commodity Brokers can be found at 17 Code of Federal Regulations Part 190.


 




    	 



    	 



    

 





 


	38.	ACKNOWLEDGEMENT:


 


CUSTOMER
HEREBY UNDERSTANDS THE AGREEMENT AND RELATED DISCLOSURES AND CONSENTS AND AGREES TO ALL OF THE TERMS AND CONDITIONS OF THE AGREEMENT
SET FORTH ABOVE AND RELATED DISCLOSURES. CUSTOMER ACKNOWLEDGES THAT TRADING IN COMMODITY INTERESTS IS SPECULATIVE, INVOLVES A
HIGH DEGREE OF RISK AND IS APPROPRIATE ONLY FOR PERSONS WHO CAN ASSUME RISK OF LOSS IN EXCESS OF THEIR MARGIN DEPOSIT.


 


 


	 	 	 
	Printed Customer Name	 	Printed
    Name
	 	 	 	 
	By:	 	 	 
	 	Customer
    Signature	 	Title
    of Signatory
	 	 	 	 
	 	 	 
	Printed Customer Name (Joint Holder)	 	Printed
    Name
	 	 	 	 
	By:	 	 	 
	 	Customer
    Signature (Joint Holder)	 	Title
    of Signatory
	 	 	 	 
	Date: