COL Financial - PhilippinesFINAL.pdf

6/8/2015 COL Financial Philippines

https://www.colfinancial.com/ape/Final2/home/RegistrationIndividualPrint.asp 1/10

Customer Account Information Form [ ]Cash Account [ ]Margin AccountAccount Type: Individual Account No _________________

TRK.NO. 150608005333873GRCPERSONAL INFORMATION PRIMARY ACCOUNT HOLDER SECONDARY ACCOUNT HOLDER

Last Name GAYO

First Name RAYMOND RUTHER

Middle Name CASINAS

Suffix Name

Gender Male

Birth Date 03/29/1986

Citizenship Filipino, ,

Place of Birth NARVACAN, ILOCOS SUR

Tel. No. 63 0

Mobile No 63 9279174958

Facsimile No.

EMail Address [email protected]

Residential Address BRGY. SULVEC NARVACAN, ILOCOS SURPHILIPPINES

Civil Status Married

Name of Spouse ANGELI DANICA B. GAYO

ADDITIONAL INFORMATION PRIMARY ACCOUNT HOLDER SECONDARY ACCOUNT HOLDER

Employment Status Unemployed

Tax Identification No. 468187087000

SSS 0119161979

GSIS 0

Name of Employer/Business 0

Office Tel No. 0

Office Address PHILIPPINES

DISCLOSURES PRIMARY ACCOUNT HOLDER SECONDARY ACCOUNT HOLDER

Are you a corporate officer or director of a PSElisted company?

No/None

Are you an officer or employee of another broker/Dealer?

No/None

Other Brokers you have

EXISTING COL ACCT NO: NOTICES TO BE MAILED TO HOW DID YOU HEAR ABOUT COL

Residential Address Other Websites



FINANCIAL & INVESTMENTPROFILE

PRIMARY ACCOUNT HOLDER SECONDARY ACCOUNT HOLDER

Assets <500,000

Net Worth <500,000

Annual Income <500,000

Source of Income Salary, TRANSIENT HOUSE

Investment Experience None

Investment Objectives 2Capital Preservation1Longterm Investment3Growth4Speculations

MAILING OF INVOICES, MONTHLY STATEMENTS OF ACCOUNT AND OTHER COMMUNICATIONS

On February 1, 2007, the Securities and Exchange Commissions granted COL Financial Group, Inc. (Formerly "CitisecOnline.com, Inc")("COL") exemptive relief from SRC Rule 30.22 and SRC Rule 52.18. Hence, all confirmation invoices, monthly statement of account and all other communications shall be sent via electronic mail to customer's email address.

CUSTOMER BANK ACCOUNT DETAILS

Bank Account Name: Bank Account Number: 0579254068

Bank Name: BPI Bank Address: SESSION ROAD BAGUIO CITY PHILIPPINES

I/We confirm that all the information given in this CAIF are true and correct. COL is hereby authorized to verify the same from whateversources it may consider appropriate. Any misrepresentation made on the submitted documents is sufficient ground for legal action againstme/us and the rejection of this application. Should this application be denied, COL has no obligation on its part to furnish the reason for suchrejection.

Signature(s)

______________________ ______________________ ______________________ ______________________

Primary Account Holder Date Secondary Account Holder Date

APPLICATION REQUIREMENTS

A. BASIC REQUIREMENTS:1. Minimum cash/check deposit payable to COL Financial Group, Inc. for opening of the following accounts: COL Starter Account Php 5,000; and COL Plus Account Php 25,000;2. Photocopy of one (1) identity document issued by the Philippine Government e.g. passport, driver's license. SSS/GSIS ID, Professional Regulation Commission (PRC) ID, and Comelec Voter's ID. (Please present original for verification);3. Two (2) copies of Specimen Signature Cards; and4. Online Securities Trading Agreement duly signed.B. ADDITIONAL REQUIREMENTS FOR THE FOLLOWING:1. Without facetoface opening of account latest copy of any of the following documents must be submitted: Public Utility Bill, Credit CardStatement or Bank Statement.2 Resident Foreigners include a photocopy of a. Alien Certificate of Registration (ACR) issued by the Bureau of Immigration; OR b. A Certification to engage in business or working permit issued by the Deportment of Labor & Employment (DOLE).3. NonResident Foreigners include the following a. Proof of Income certified by Employer; AND b. Identity documents authenticated by Philippine Embassy or Consulate.

FOR COL'S USE ONLY

[ ] COL STARTER [ ] COL PLUS [ ] COL PREMIUM [ ] PCG [ ] OTHERS

Salesman/Referred By: Processed By: Opened By: Approved By:

PSE trading participant; SIPF and SCCP member



SPECIMEN SIGNATURE CARD ACCOUNT NO:

ACCOUNT TYPE: (Please Check one) [√] Individual [ ] Joint Or [ ] Others _________________________

ACCOUNT NAME: (Primary Account Holder) (Secondary Account Holder)

RAYMOND RUTHER C. GAYO .

POSTAL ADDRESS: (No. & Street, Building, Town/Distict, City/Province, Postal/ZIP Code, Country)

BRGY. SULVEC NARVACAN, ILOCOS SUR PHILIPPINES

TELEPHONE NO: 63 0 TIN: 468187087000 CITIZENSHIP:

(Please Sign Twice [2x]) PRIMARY ACCOUNT HOLDER SECONDARY ACCOUNT HOLDER

√____________________________________________ √____________________________________________

√____________________________________________ √____________________________________________

Important: Certificate will not be issued unless a specimen signature of the stockholder is on file with the transfer agents of theCompany. PLEASE FILL OUT AND SUBMIT TWO (2) COPIES OF THIS SIGNATURE SPECIMEN CARD to COL FinancialGroup, Inc. at 2401B East Tower, Philippine Stock Exchange Centre, Exchange Road, Ortigas Center, Pasig City, 1605, Philippines.

Signature verified by:

PSE Trading Participant; SIPF and SCCP Member

SPECIMEN SIGNATURE CARD ACCOUNT NO:

ACCOUNT TYPE: (Please Check one) [√] Individual [ ] Joint Or [ ] Others _________________________

ACCOUNT NAME: (Primary Account Holder) (Secondary Account Holder)

RAYMOND RUTHER C. GAYO .

POSTAL ADDRESS: (No. & Street, Building, Town/Distict, City/Province, Postal/ZIP Code, Country)

BRGY. SULVEC NARVACAN, ILOCOS SUR PHILIPPINES

TELEPHONE NO: 63 0 TIN: 468187087000 CITIZENSHIP:

(Please Sign Twice [2x]) PRIMARY ACCOUNT HOLDER SECONDARY ACCOUNT HOLDER

√____________________________________________ √____________________________________________

√____________________________________________ √____________________________________________

Important: Certificate will not be issued unless a specimen signature of the stockholder is on file with the transfer agents of theCompany. PLEASE FILL OUT AND SUBMIT TWO (2) COPIES OF THIS SIGNATURE SPECIMEN CARD to COL FinancialGroup, Inc. at 2401B East Tower, Philippine Stock Exchange Centre, Exchange Road, Ortigas Center, Pasig City, 1605, Philippines.

Signature verified by:

PSE Trading Participant; SIPF and SCCP Member



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I/We (the "Client") hereby formalize and confirm the opening of an Online Securities Trading Account ("OSTA") with COL FINANCIALGROUP, INC.("COL") and agree to be bound by the following terms and conditions:

1. ONLINE BROKERAGE SERVICE COL, a Securities and Exchange Commission ("SEC") licensed broker in securities providing clients with online brokerageservices, shall act as broker for the sale and/or purchase of securities listed in the Philippine Stock Exchange ("PSE").

2. COL AS ATTORNEYINFACT For the purpose of selling, buying, or performing other acts stated herein, Client hereby irrevocably appoints and constitutesCOL, its officers, employees, agents, or successorsininterest and/or assigns, as the true and lawful attorneyinfact with fullpower and authority to execute buy or sell orders, lend or borrow securities, execute bills of sale, receipts, assignments of allrights, title and interests to the purchaser/s thereof, and to deliver or accept delivery of the corresponding stock certificates, and todo all other acts which COL may do or cause to be done in accordance with the powers herein conferred, all of which are herebydeemed ratified in all respects for this purpose. COL shall be entitled to rely on any instruments, notices and communicationswhich COL believes to have originated from the Client and Client shall be bound thereby.

3. ONLINE SECURITIES TRADING ACCOUNT (OSTA) Client's "OSTA" will enable Client to personally execute buying and selling of stocks listed in the PSE via the internet and theelectronic facility services of COL subject to the prevailing rules of the PSE, the regulations of the SEC and other governmentagencies and to the terms and conditions and limitations provided in this Agreement. Client agrees to place a minimum deposit ofPhP25,000.00 for COL Plus Account or PhP5,000.00 for COL Starter Account.

4. TRADING FEES In consideration of the foregoing, Client hereby agrees to pay COL the following:4.1. Commission at the rate of 1/4 of 1% of the amount purchased or sold via the internet. For buy or sell orders executed

through a broker over the phone, the commission rate shall be 1/2 of 1%. In no case, however, shall the commission beless than the amount of PhP20.00 per executed order. Client acknowledges that the commission rate is set solely by COLand agrees that COL may change the commission structure at any time upon reasonable notice given;

4.2. Transfer or settlement fees;4.3. Depository or custodianship fees;4.4. Transaction fees;4.5. Documentary stamps tax and stock transaction tax; and4.6. VAT on commission, and other levies and duties thereon.

5. CONDITIONS PRECEDENT, EFFECTIVITY Client acknowledges that this Agreement shall be effective upon the occurrence of all of the following conditions:5.1. Submission of all the forms and other documents requested by COL;5.2. Deposit of the Minimum Amount in the OSTA; and5.3. Approval by COL of the application.

6. ONLINE TRANSACTIONS 6.1. All orders for the purchase or sale of stocks using COL's online services and the OSTA shall be deemed authorized and

executed with the understanding that an actual purchase or sale is intended and that it is Client's obligation prior to anypurchase or sale to verify from the OSTA the stock position and available funds.

6.2. Client hereby agrees that while online orders are usually routed to the stock exchange within seconds from the placing ofthe orders, certain orders, at COL's sole discretion, may be subjected to manual review and entry which may possiblycause delay in the processing of orders. It is likewise understood that Client shall receive the price at which the order isexecuted in the stock exchange which may be different from the price at which the stock is trading at the time of the orderand when it is entered into COL's online system.

7. PURCHASE OF STOCKS

7.1. To process orders to purchase stocks, Client's OSTA must have available funds equal to or greater than the purchase priceof the stocks prior to the transaction date. Any order inadvertently accepted and/or executed without sufficient funds in theOSTA shall be subject to cancellation or liquidation at COL's discretion. Client shall be responsible for all orders,including those which exceed the available funds in the OSTA.

7.2. Upon execution of the purchase, Client's OSTA shall be debited the amount equivalent to the sum of the purchase priceand the applicable commission, plus all other incidental expenses.

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7.3. Client hereby agrees that all securities which were purchased shall be lodged by COL with the Philippine Depository andTrust Corporation and, in the absence of any written instructions to the contrary, securities purchased shall be registeredin COL's name as street certificates.

8. NO SHORT SALE OF SECURITIES Short sale of securities is not allowed and Client hereby agrees not to place any short sale orders. Any short sale inadvertentlyaccepted and/or executed by the online system without the corresponding stock position in the OSTA shall be subject tocancellation or liquidation at COL's discretion. Client shall be responsible for all orders, including those which exceed theavailable stock positions in the OSTA.

9. PAYMENTS AND WITHDRAWALS 9.1. All payments shall be made by cash, checks, bank drafts or telegraphic transfers, which shall either be delivered to COL's

office or deposited and credited to a designated bank account of COL, as the case may be. The OSTA shall not becredited with any deposited funds until COL receives cleared funds in the amount stated in the deposit form, less bankcharges, if any.

9.2. Any request for cash or stock withdrawals from the Client's OSTA shall be made in writing and delivered personally or sentto COL's office by messenger or by telefax. A request sent by fax to deposit any cash credit on Client's OSTA with aparticular bank of Client's choice indicating therein the name of the bank and account number shall be subject to COL'sapproval, provided, that Client shall assume all the risk or loss that may result thereto.

9.3. In case the Client opens a joint account, the Client agrees that: (i) in case of withdrawal of funds, the check shall be madepayable to the names of all account holders; (ii) instructions for "joint and" accounts should be signed by all accountholders; (iii) the Client shall hold COL free and harmless from any and all losses, damages, costs, penalties, fines, andtaxes incurred as a result of action or inaction taken by COL in response to any instructions given by parties believed byCOL to be authorized to give such instructions; and (iv) in case of death of any one of the parties, the surviving party/iesmay only withdraw funds from the OSTA or close the OSTA after submission of the required documentation to COL.

10. DELIVERY OF CERTIFICATES

Without abrogating any of COL's rights under any other provision of this Agreement and subject to any indebtedness Client mayhave with COL, COL shall, upon appropriate demand, deliver the fully paid certificates of stock unless such delivery is preventedby circumstances beyond the control of COL.

11. WARRANTIES 11.1. Client represents and warrants that: (i) Client shall use COL's service only in accordance with the terms and conditions of

this Agreement; (ii) Client shall be the only authorized user of the service under this Agreement; and, (iii) Client shall besolely responsible under any and all circumstances for the use and confidentiality of the User ID and trading password.

11.2. Client agrees to enter online orders using the Client's own internet software and agrees that all orders entered via theinternet are the Client's sole responsibility and that such orders executed through COL are unsolicited. Client agrees toprotect the User ID and trading password and shall maintain the security of whatever system is used to connect to theinternet. Client acknowledges that COL has done everything reasonable to provide secure transactions over the internetand shall not be responsible for any security failure of the internet.

11.3. Client acknowledges that COL offers various ways of accessing the OSTA, including telephone and online services.Client undertakes to exert reasonable efforts in using these alternate methods to communicate with COL in the event thatClient experiences problems in communicating with COL.

12. STOCK QUOTES AND RESEARCH INFORMATION

Client acknowledges that: (i) stock quotes, news and research information which include technical charts and financial data onlisted securities displayed by COL are provided for informational purposes and for personal use only, and (ii) that these data areobtained from sources believed to be reliable and that COL does not guarantee the accuracy of these quotes and information.Client agrees that COL shall not be responsible for any loss or damage of whatever nature in connection with any trade made inreliance upon such quotes or information.

13. NO INVESTMENT ADVICE Client hereby acknowledges that COL will not provide legal, tax, or accounting advice or advice regarding the suitability orprofitability of a security or investment. Client likewise acknowledges that COL's employees are not authorized to give any suchadvice and that Client will not solicit or rely upon any such advice from COL or any of its employees

14. LIENS COL shall have a continuing security interest in all securities and other property held by or through COL or its affiliates, assecurity for all liabilities and performance of all obligations to COL. COL may apply or transfer securities and other propertyinterchangeably between accounts in which Client may have an interest, at any time and without notice given. In the event of abreach or default under this Agreement, COL shall have all rights and remedies available to a secured creditor under anyapplicable law, in addition to its rights and remedies under this Agreement.

15. SATISFACTION OF INDEBTEDNESS Client agrees to satisfy, upon demand, any indebtedness, and to pay any debit balance remaining when the OSTA is closed,either partially or totally.

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16. CONFIRMATIONS AND ACCOUNT STATEMENTS On February 1, 2007, the SEC granted COL exemptive relief from SRC Rule 30.2 2 and SRC Rule 52.18. Accordingly, COLshall furnish account statements and confirmations of all executed purchase and sale transactions on the day these are made bymeans of electronic mail sent to the email address appearing in COL's records. These shall be binding if no written objection ismade no later than 12 noon of the next business day. Client acknowledges that COL has the right to determine the validity of theobjection to any such confirmation of transaction or account statement.

17. DISCLOSURES Client and COL hereby undertake to strictly comply in a timely manner with all their respective disclosure obligations, whether inthe form of sworn statements, notices or otherwise, as required under relevant laws, including, without limitation, Sections 18 and19 of the Securities Regulation Code ("SRC") or amendments thereto, and its Implementing Rules and Regulations.

18. ASSUMPTION OF RISKS 18.1. Client agrees to fully accept the risk for all online orders entered and the trading decisions attendant thereto. Client

acknowledges that entering an order with COL, whether online or otherwise, does not guarantee execution of the order,and agrees therefore that COL shall not be responsible for any order that is not executed.

18.2. Client shall make his own investment judgments and decisions without reliance on COL and shall assume full andexclusive responsibility for all transactions in the OSTA. Client agrees that COL shall have no liability in connection withany the transactions in and for the OSTA and investment decisions.

19. LIMITATION OF LIABILITY

19.1. Client hereby acknowledges that COL, its affiliates, directors, officers, employees, and agents shall not be liable for lossesresulting from a cause over which COL or its affiliates or partners do not have direct control including, but not limited to,the failure of electronic or mechanical equipment or communication lines, telephone or other interconnection problemsincluding the inability to connect with the internet service provider. Client agrees that COL shall not be responsible for anyproblems, technical or otherwise, that might prevent Client from entering orders or prevent COL from executing orders.

19.2. COL, its affiliates, directors, officers, employees, and agents shall not be responsible for any loss, damages, or litigationcosts resulting from any error of fact or judgment, or from action taken or inaction or omission or default by COL, itsaffiliates, directors, officers, employees, and agents, or from any consequences whatsoever, save and except where suchloss, damage or cost is suffered as a direct result of its gross negligence or willful misconduct.

19.3. Client agrees not to hold COL, its affiliates, directors, officers, employees, and agents liable whatsoever for losses ordamages resulting from any failure of electronic or mechanical equipment, software or systems malfunction, errors ordelays and any and all technical problems that may arise in the course of providing the online brokerage services.Furthermore, Client hereby agrees that COL may discontinue the online services provided herein without prior notice.

20. FORTUITOUS EVENTS

COL shall not be, and Client agrees not to hold, COL liable for losses caused directly or indirectly by government restrictions,exchange or market rulings, suspension or trading, war, strike, or other conditions beyond its control such as fortuitous events.

21. SUCCESSORS Client hereby agrees that this Agreement and all the terms thereof shall be binding upon the Client's heirs, executors,administrators, personal representatives, and assigns. This Agreement shall inure to the benefit of COL's present organizationand any successor organization, irrespective of any change or changes at any time in the personnel thereof, for any causewhatsoever.

22. ENTIRE AGREEMENT, WAIVERS, AMENDMENTS 22.1. This Agreement contains the entire understanding and agreement between the Client and COL concerning the subject

matter of this Agreement. Client may not assign the rights and obligations hereunder without first obtaining the priorwritten consent of COL.

22.2. COL may modify the terms of this Agreement at any time upon notice. The continued use of COL's services followingreceipt of notice will constitute Client's acceptance of the amendment. Should Client not accept the modification, Clientmust notify COL in writing and COL may then terminate the OSTA. Client, however, shall remain liable for all obligationsand liabilities arising from the account up to and until the time of termination.

23. SEVERABILITY

If any provision of this Agreement is held to be invalid, void, or unenforceable by reason of any law, rule, administrative order, orjudicial decision, that determination shall not affect the validity of the remaining provisions of this Agreement.

24. CAPACITY TO CONTRACT By signing below, Client hereby represents and warrants full legal capacity and authority to enter into and be bound by thisAgreement.

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25. NOTICES 25.1. All notices to COL shall be sent to:

2403B East Tower, Philippine Stock Exchange CentreExchange Road, Ortigas Center, Pasig City, 1605 Philippines

25.2. Unless otherwise advised, all notices to the Client shall be sent to:_____________________________________________________________________________________________________________________________________________________________________________________________

26. DISPUTES

In case of any dispute arising from or in connection with this Agreement or its proper interpretation, Client shall first try to resolvethe same with COL amicably and in good faith. Should COL and Client fail to resolve any such dispute within two (2) months fromthe date of written notice by one party to the other, Client agrees that the exclusive venue for any suit arising from this Agreementshall be the proper courts of Pasig City, Philippines.

27. COSTS OF COLLECTION Client authorizes COL to charge the OSTA for any reasonable direct or indirect costs of collection, including but not limited toattorney's fees, court costs, interest, and other related expenses.

28. APPLICABLE RULES AND REGULATIONS 28.1. All transactions in the OSTA, as executed by COL or its agents, including its subsidiaries and affiliates, shall be subject to

the constitution, rules, regulations, customs and usages of the PSE and its clearinghouse, if any.28.2. The transactions shall likewise be subject to the provisions of all applicable laws, including the SRC or any amendments

thereto, and all pertinent rules and regulations imposed and administered by the SEC and the PSE, among others.

29. GOVERNING LAW All matters pertaining to the interpretation and implementation of this Agreement and all disputes arising therefrom shall beexclusively governed by and construed in accordance with Philippine law.

IN WITNESS WHEREOF, Client has hereunto set his hand this _______ day of _____________________ 201_ in Pasig City,Philippines.

INDIVIDUAL CLIENT/S CLIENT CORPORATION:._______________________________________..

RAYMOND RUTHER C. GAYO by: ____________________________________Full Name and Signatory (Primary) Full Name and Signature (Authorized Signatory)

. .

. .

. _______________________________________________

Full Name and Signature (Secondary) Full Name and Signature (Authorized Signatory)





Documents

COL Financial - PhilippinesFINAL.pdf