go-06 - wright letter of governing instruction detectives 0607

8/14/2019 GO-06 - Wright letter of governing instruction Detectives 0607

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GOVERNMENT

EXHIBIT

GO-6

Letter of Governing Instructions

For Wright Investment Management

WRJGHT INVESTORS' SERVrCE, INC.

440 Wheelers Farms Road

Milford, Connecticut 06461

The undersigned (the "Client") designates Wright

Inve stors' Service. loco(the "Advisor") to direct at the

bank, trust company or other custodian approved by

the Advisor (the "Custodian") the investment of all

property in the Client 's account as provided for in.thisLetter of Governing Instructions for Wright Invest

ment Management.

REPRESENTATIONS AND WARRANTlES:

The Advisor is an investment advisor as that term is

defined in the Investment Adviser's Act of 1940 (the

"Act") and registered with the Securities and Ex

change Commission as provided for in that Act.

The Advisor will use its bes t effor ts in the

investment management of the Client'S account but is

not liable for losses resulting from actions taken or

omitted unless such actions are the result of a breach

of the Advisor's fiduciary responsibilities or a viola

tion of the securities laws of the United States.

PURCHASE AND SALE OF SECURITIES:

The Client appoints the Advisor agent for the Client

and authorizes and instructs the Advisor La purchase

and sell. in the Advisor's sole and absolute discretion,

Date ---=-_+- _

Securities for the Client's account which the Advisor

deems advisable and which conform to any written in

vestment guidelines or policies of the Client attached

to and made part of this Agreement . For purposes of

this Agreement. the term "Securities" includes:

Stocks and fixed income instruments

meeting the quality requirements of the Ad-

visor,

Funds or investment company shares man

aged or selected by the Advisor,

Deposits in and fixed income obligations of

any bank or financial corporation operating

under the laws of the United States or other

governments. and

Other securities which the C lien t may

deposit or authorize in writing.

The Client recognizes that all investments are sub

ject to varying degrees of risk and that the Advisor

makes no representation that Securities bought will be

profitable. PaSI performance of the Advisor is nOI a

guarantee of future results.

GENERAL INVESTMENT AND IRA ACCOUNTS



DEPOSITS & WlTIfDRAWALS: Th e Client

wil l not ify the Advisor in writing of all cash and Secu-

rities deposited in or withdrawn hom the Client's ac-count. The Advisor, however, is authorized to rely and

act only upon written or oral notification by the Custo-

dian of such deposits or withdrawals. The Advisor is

authorized, but not required, to act on the Client 's oral

instructions except the Advisor is only authorized to

act on the Client's oral withdrawal instructions when

the instruction is to direct the Custodian to pay the

withdrawal directly to the Client or an account in th e

Client's name. The Advisor may only di re ct other

withdrawal ins truc tions by forward ing th e Client 's

written authorization to the Cu stod ian.

The Client recognizes that premature withdrawal

of amounts held by the Custodian pursuant 10 the

terms of certain investment contracts, including vari-

abl e annu it ie s. i nd iv idua l r et ir emen t accounts or

qualified retirement plans, are subject to substantial

penalties imposed by Federal law.

BROKERS AND COMMISSION COSTS:

TIle Adv isor is authorized to place Securities orders

for thi s account with any broker/dealer t ha t the Ad-

visor considers satisfactory for the execution of invest-

ment transact ions for its clients. If th e Custodian is abroker/dealer th at t he Advisor considers satisfactory.

the Client authorizes the Advisor to place buy or sell

orders with the Custodian. The Advisor may combine

purchase and sale transactions for the Client 's account

with similar transactions for other accounts directed

by ihe Advisor whenever. in the discretion of th e Ad-

visor. it is in the best interests of the Client and other

clients of the Ad visor but it does not in any way irnpair

the segregation of the property in the Client's account.

The Client recognizes that many of the broker/

dealers with whom the Advisor normally places buy or

sell orders also purchase investment services from the

Advisor for the ir own usc or on behalf of their custom-

ers , and that some broker/dealers may, in reciprocity

for brokerage placed with them by the Advisor, also

provide the Advisor with special ized services which

are utilized in tbe Advisor's investment data collection

and analytical processes. The Advisor may place buy

or sell orders for this account with such broker/dealers

or with the broker/dealer. if any, who introduced th e

Client to the Advisor, provided thai such broker/dealer

is considered by the Advisor as satisfactory for the ex-ecution of investment transactions for its cl ients: that

the brokerage commission charges and discounts are

substantially the same as those made by other broker/

dealers utilized by the Advisor and DOl excessive in re-

lation to the rates which ar e general ly charged for

similar transactions in the securities industry; and that,

in the best j udgment of the Advisor , the bes t interes ts

of the Clien t and other clients are not adversely af-

fected. These provisions are believed by the Advisor

to be in full compliance with Section 28(e) of the Se-

curit ies Exchange Act of 1934.

LIM1TED POWER OF ATTORNEY: This

Agreement constitutes a continuing Power ofAttorney

applying and limited to any and all future transacti ons

relating to the Client's account. This Power of Allor-

ney designates the Advisor as Agent, subject to the or -

den; and instructions contained in this Agreement.

This Power of Attorney shall not be affected by any

change in the Client's organization, and shall continue

in effect until the Advisor receives written notification

(rom the Client that this Power of Attorney has been

revoked. The Advisor as Agent will always act and

bind the unders igned upon the instruction of its presi-dent or of anyone of its officers or employees, as from

lime to time designated for this purpose by its presi-

den!.

VERLFICATrON OF STATEMENTS: The

Client authorizes the Advisor, as Agent of the Client ,

to receive information from the Custodian for the pur -

pose of reconciling reports prepared by the Cu stodian

in response to any transactions or actions by th e Cus-

to d ian for, or purporting to be for, the Client' s ac-

count.

REPORTS: At least quarterly the Advisor wi ll

provide to (he Client a financial report of the Client's

account. Accordingly, the Client hereby waives the

right to receive a separate confirmat ion of each trans-

action in the account, uruil such time as the Client may

provide the Advisor with written notice to the con-

trary. At other times considered reasonable by th e Ad-

visor, th e Advisor will provide. at the Client 's request,



additional information and advice to the Client regard-

ing the Client's account.

PROXIES & OTHER DOCUMENTS: The

Client hereby authorizes the Advisor to vote any proxy

solicited by the issuer of any securities held in the

Client's account, such voting to be in accordance with

the Advisor's Policy on Proxy Voting. The Advisor, as

Agent for tbe Client, may also receive such other

documents relating to this account as the Client may

instruct the Custodian or broker to send to the

Advisor.

SPECIAL INSTRUCTIONS: This Account

will be invested in The Wright International Blue Chip

Equ ities Fund. As of December 31, 2006 , the total

operating expense of the Fund was 137 basis points,

some of which may be paid [0 the principal under-

writer or other brokers for assistance in distribution or

shareholder services. The total operating expense of

tbe Fund may fluctuate depending upon the amount of

assets in the Fund. The Advisor will not charge the

Client a separate fee for assets invested in the Fund.

The Client may submit additional special instruc-

lions to the Advisor ar any Lime . Special instructions

become part of this Agreement only upon written

acceptance by the Advisor. Except as provided else-

where in this Agreement, the Advisor is authorized,

bU I not required. to act upon (he Client's oral special

instructions,

ASSIGNMENT: This Agreement may not be

assigned by either party without the consent of the

other party, and contemporaneous notification of the

assignment by either party to the Custodian.

TERMINATION: Client may terminate this

Agreement without penalty within five business days

of signing it. This Agreement may be terminated by

eit her party upon written notice to the other. The

Advisor will direct the Custodian to dispose of the

property in the Client 's account in accordance with

the Client's written directions for disposition of the

account. The Advisor will issue a final report as of

the termination dale of the account .

NOTICES: The Advisor is not bound by any no-

tice of or demand made with respect to this Agreement

unless such notice or demand is in writing to the Advi-

sor and signed by the Client or the Client's legal repre-

sentative. The Advisor may rely conclusively and is

protected in acting upon any written or oral notice re-

quest , consent, instruction or other instrument be-

licved by the Advisor in good faith to be genuine or

signed by the proper person or duly authorized or

properly made.

SEVERABILITY: I f any term of this Agree-

ment is construed as invalid or unenforceable, the re-

mainder of this Agreement shall not be affected by

such determination and the remaining terms of thisAgreement will be valid and enforceable to the full

extent of the law.

GOVERNING LAW: This Agreement is gov-

erned by and construed in accordance wirh the laws of

the Stale of New York now in effect or as from time

to time amended, unless New York law is pre-

empted by Federal laws theo in effect.

The Client acknowledges receipt of the Advisor's

Privacy Policy, and irs Disclosure Report in lieu of

Part II of SEC Form ADV.

[1l1isspace is intentionally left blank .]



Address for AJI Communications:'TIe 14- il-;v tv YJ"N.;1- Fu rH>~ 5ha...?tON Wb'NSON

2.(9 Th.am tL s $k ee-+

---New 0 Q k ) 'N" 1600 "7 - 1207

Telephone _

Names & Tilles of Those Signing Agreement

(please Pnnl) "

(I ) Name t i \ C , * J t r ~ L J fA UJ\DI NOTitle r ~ ~ b C - t 3 f

(2) Name ~ { e . - l v R - (}P'C,({ ()

Title 'lea: p"---,ra"-,,-,,lc...O , - , , , E - L N ~ ' -- , - - _

(3) Name _

Titlc _

Introducer or Service Associatefor this Account:

Custodian _

Social Security or Federal ID:

1.3 - d 99/913

Authorized Signatures of Client:

c ~ Signature

By: Wright Investors' Service. Inc.

r J d I , c ~ignature

Dale &1'J5It) 7r '

07C501AK·LGI

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