Appointment of Custodian, Investment Direction and Important Disclosures

Appointment

Upon acceptance of this adoption agreement as signified by my signature below, I hereby appoint IRAR Trust Company, a South Dakota chartered trust company, to act as the custodian of my account ("Custodian"). I understand that my account is self-directed and that IRAR Trust Company is acting solely as a passive custodian to hold retirement account assets and in no other capacity. IRAR Trust Company has entered into an administrative services agreement with IRA Resources, Inc. (Administrator) to provide administrative services for the Depositor's Account (“Depositor”), and to properly fulfill its duties as administrator and under the administrative services agreement. All communication between the Depositor and the custodian must be handled through IRAR. I acknowledge and agree that this Standard Account Adoption Agreement and the Form 5305-A, 5305-RA, 5305-SEP, 5305-SIMPLE, 5305 Custodial Account Agreement and Disclosure Statement, together with the Fee Schedule, the documents related to my employer’s Simple Incentive Match Plan for Employees of Small Employers (SIMPLE), if applicable, and any other written instructions that are in form and substance acceptable to me and IRAR Trust Company (all such documents being incorporated herein by reference) collectively comprise my total agreement and govern all aspects of my relationship with IRAR Trust Company. IRAR Trust Company is not a mortgage broker, asset manager, investment advisor or loan servicing agent with respect to me or my account and shall not have any discretionary power, authority, or control with respect to the management, investment, or disposition of my account, or its assets. I acknowledge and agree that IRAR Trust Company is not a fiduciary hereunder with respect to my account or any purchase, sale or exchange instructed by me or my agents, including but not limited to: suitability, compliance with any state or federal law or regulation, income or expense, or preservation of capital or income.

Responsibility for Tax Consequences

I assume all responsibility for any tax consequences and penalties that may result from making contributions to, transactions with, and distributions from my Account. I am authorized and of legal age to establish this Account and make investment purchases permitted under the Plan Agreement offered by the Custodian. I certify under penalties of perjury that I have provided you with my correct Social Security Number. Until such time as I change or revoke the designation, I hereby instruct the Custodian to follow the investment directions which I provide to Administrator in investing and reinvesting the principal and interest, as confirmed by direction letters to Administrator from me, for the above-referenced Account or other Custodial account for which Administrator serves as recordkeeper. You are authorized to accept written direction, and/or verbal direction which is subsequently confirmed in writing by the authorized party, Administrator, or by me. Written direction shall be construed so as to include facsimile signature, email communication, and electronic signature. The account is established for the exclusive benefit of me or my beneficiaries. In taking action based on this authorization, the Custodian may act solely on the written instruction, designation, or representation by me, as the Depositor. I agree to release, indemnify, defend, and hold the Custodian harmless from any claims, including but not limited to: actions, liabilities, losses, penalties, fines, and/or third party claims arising out of my account and/or in connection with any action taken in reliance upon my written instructions, designations, and representations, or in the exercise of any right, power, or duty of Custodian. Custodian has no responsibility or fiduciary role whatever related to or in connection with the account in taking any action related to any investment. If any provision of this Application is found to be illegal, invalid, void or unenforceable, such provision shall be severed and such illegality or invalidity shall not affect the remaining provisions, which shall remain in full force and effect.

Important Information for Opening a New Account

To comply with the USA PATRIOT ACT, we have adopted a Customer Identification Program. All new accounts must provide a copy of an unexpired, photo-bearing, government- issued identification (e.g., driver license or passport). The copy must be readable, so we can verify the client’s name, driver’s license number, signature, state of issuance, etc. IRAR Trust Company is controlled and operated by us from our offices within the United States of America, and the accounts we administer are administered within the United States of America. We do not target or offer our services to users outside of the United States. I agree when opening an account with IRAR Trust Company, that I am located within the United States of America. By opening, using, or continuing to use an account with IRAR Trust Company, I both represent and agree that I am located in the United States of America. I further agree that I will not utilize an account at IRAR Trust Company, or your website, in any country or in any manner prohibited by any applicable laws, restrictions, or regulations. I confirm that assets to be transferred into my custodial account do not include any illegal or impermissible investments under South Dakota or Federal law, including, but not limited to, holdings of marijuana or other illegal substances, illegal gambling, or illegal artifacts. I further confirm that the custodial account will not hold or engage in transactions involving illegal holdings while IRAR Trust Company serves as custodian, and should the custodial account ever come to hold an illegal or impermissible investment under South Dakota or Federal law, I will notify IRAR Trust Company immediately.

Undirected Cash Disclosure

The Depositor hereby appoints IRAR Trust Company as the Depositor’s attorney-in-fact with respect to investments and distributions concerning the Depositor’s account. As part of this, among other things, the Depositor directs IRAR Trust Company (i) to deposit all cash for which the Depositor has not already provided investment instructions into deposit accounts at regulated depository institutions or financial organizations selected by IRAR Trust Company at IRAR Trust Company’s sole discretion and without any further approval from the Depositor, provided that any and all such accounts qualify as: checking accounts, savings accounts, money market accounts, certificates of deposit or similar bank accounts, (ii) to retain such interest as further compensation for the services it renders to its Depositors and, in its sole discretion, place the funds in a non-interest bearing pooled deposit account or accounts, (iii) to enter into such sub-accounting agreements as may be required by the nature of the deposit accounts between the selected financial organizations and IRAR Trust Company, under which IRAR Trust Company may receive a fee from the selected financial organizations to keep all records pertaining to the Depositor’s share of the pooled custodial accounts, which fees will be retained by IRAR Trust Company, and (iv) to sign checks from time to time on the pooled custodial accounts, which are to be honored by the financial organizations for withdrawal of Depositor’s funds from such pooled custodial accounts for distributions, investments, fees and other disbursements directed or agreed to by the Depositor. The Depositor hereby indemnifies and agrees to hold such financial organization(s) harmless from following the directions received from IRAR Trust Company on the Depositor’s behalf including but not limited to honoring checks drawn on the Depositor’s portion of the pooled custodial accounts that are written by IRAR Trust Company, and agrees that the duties and powers described herein that are to be exercised by IRAR Trust Company are ministerial in nature and will not operate to cause IRAR Trust Company to become a fiduciary with respect to the Depositor’s account.

Claims and Disputes

By submitting the applicaiton, I hereby agree that all claims and disputes of every type and matter, including but not limited to claims in contract, tort, common law, or alleged statutory violations, arising out of or in connection with this custodial agreement shall only be instituted in South Dakota, where custodian maintains its principal place of business, and you agree to submit to such jurisdiction with any such suit you may file and in any such suit custodian may file against you. In the event of claims by others related to my account and/or investment wherein Administrator and/or Custodian is named as a party, Administrator and/or Custodian shall have the full and unequivocal right at their sole discretion to select their own attorneys to represent them in such litigation and deduct from my account any amounts to pay for any costs and expenses, including but not limited to: all attorneys’ fees, costs, and internal costs (collectively “Litigation Costs”), incurred by Administrator and/or Custodian in the defense of such claims and/or litigation. If there are insufficient funds in my account to cover the Litigation Costs incurred by Administrator and/or Custodian, on demand by Administrator and/or Custodian, I will promptly reimburse Administrator and/or Custodian the outstanding balance of the Litigation Costs. If I fail to promptly reimburse the Litigation Costs, Administrator and/or Custodian shall have the full and unequivocal right to freeze my assets, liquidate my assets, and/or initiate legal action to obtain full reimbursement of the Litigation Costs. I also understand and agree that the Administrator and/or Custodian will not be responsible to take any action should there be any default with regard to this investment.

Fees Disclosure

I agree to pay for any extraordinary services or requests not covered in the Fee Schedule attached, prior to the provision of the service. IRAR Trust Company does not provide account services in conjunction with any investment products for sale. Fees are charged in advance or in connection with recordkeeping services and are at no time refundable. Account Administration Fees are billed and payable semi-annually based on your account establishment date. Account Administration Fees are not pro-rated. These fees are normally withdrawn from your undirected funds balance within 30 days after the invoice date, unless paid directly. If your account has insufficient funds, we will liquidate other assets to pay for such fees, after 30 days from notifying you, in accordance with your Plan and Trust Disclosure. If the assets within your IRA are unable to be liquidated, IRAR Trust Company shall bear no responsibility for any adverse tax consequences as a result thereof. IRAR Trust Company reserves the right to sell any past due receivables to a collection and credit reporting agency. If there is insufficient cash in the account to cover transaction service fees and you have indicated you want the fees paid from your undirected cash, IRAR Trust Company reserves the right, at its discretion, to reduce the amount sent for the investment by the amount due for fees. Custodial Administration Fee: IRAR Trust Company receives a fee equal to the income generated from deposit accounts that hold undirected cash in your Account, if any. IRAR Trust Company is entitled to this fee under the section titled “Undirected Cash Disclosure“ listed above. Minimum balance requirements may be required to maintain each client account. This amount should not exceed $350.00. However, IRAR Trust Company reserves the right to set minimum balance requirements at its sole discretion. We will make our best effort to notify you of all changes to your Fee Schedule within the 30-day notice period posted on our website at www.IRAResources.com. If you do not have access to the internet, please let us know so that changes may be sent to you in written form. In accordance with your Account Application, the Fee Schedule is part of your Agreement and must accompany your Account Application.

IRAR Trust Company does not provide tax, legal or investment advice. It does not endorse or recommend any agent, company, or specific investment. Any information communicated by IRAR Trust Company is solely for educational purposes and should not be construed as tax, legal or investment advice. Consultations with tax, legal and investment professionals is advised prior to making any decisions regarding your account.

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