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1     The Taiwan Futures Exchange Corporation (hereinafter, "Party A") and _____________ Co., Ltd. (hereinafter, "Party B") hereby sign and enter into this Contract under Article 39 of the Futures Trading Law and agree to the following terms and conditions:

Article 1
    Following the signing of this Contract, Party B shall have the right to use the centralized futures exchange market established by Party A and shall assume the following obligations:
  1. Abide by laws and regulations and by administrative dispositions rendered by the Competent Authority pursuant to laws and regulations.
  2. Abide by Party A's articles of incorporation, operating rules, consignment contract criteria, and other bylaws, rules, and public announcements; likewise, abide by any amendments to Party A's articles of incorporation, operating rules, consignment contract criteria, and other bylaws, rules, and public announcements.
  3. Engage in trading in accordance with good faith practices.
  4. Pay processing fees and other relevant fees shall be paid in accordance with the Fee Schedule prescribed by Party A.
Article 2
    Party B shall be bound to perform the obligations and all related responsibilities of all trading it conducts on the centralized futures exchange market.

Article 3
    Party B shall be fully liable for all acts of its employees in the execution of their work and on the market of Party A. When changing or canceling the status of any employee, Party B shall remain fully responsible for all actions of the employee until receipt by Party A of notice of registration of such change or cancellation of the status of the employee.

Article 4
    When any one of the following events applies to Party B, Party A may impose a breach penalty, suspend or restrict trading, or terminate this Contract:
  1. Breach of subparagraphs 1, 2, or 4 of Article 1.
  2. Breach of subparagraph 3 of Article 1 sufficient to cause injury to another person.
  3. Provision of centralized futures exchange market information to another person in a manner not in accordance with Party A's regulations.
  4. Breach of any stipulation hereof.
Article 5
    If Party B goes bankrupt, dissolves, or is subject to a disposition of the Competent Authority suspending its operations or voiding its operating permit, or is required by law or regulation to suspend accepting consignments from principals, or its trading is suspended or restricted, or this Contract terminated, by Party A under the preceding article, Party B shall remain liable to wind up and settle all its transactions on the centralized futures exchange market.

Article 6
    Where Party B goes bankrupt, dissolves, or is subject to a disposition of the Competent Authority suspending its operations or voiding its operating permit, or is required by law or regulation to suspend accepting consignments from principals, or its trading is suspended or restricted, or this Contract terminated, by Party A under Article 4, Party A may, pursuant to an order of the Competent Authority, transfer all relevant accounts of its principals to another futures commission merchant with whom Party B has entered into a succession contract, unless Party B is a clearing member, in which case the matter shall be handled in accordance with the provisions of Article 54 of the Futures Trading Law.

Article 7
    When Party B is designated to wind up and settle transactions on behalf of another futures commission merchant, it shall have the obligation to perform the contract as stipulated.

Article 8
    Party B agrees to use trading information and facilities provided by Party A in accordance with Party A's regulations; Party A shall bear no liability for compensation in the event that trading information or facilities provided by Party A fail to operate normally as a result of interrupted transmission or malfunction.

Article 9
    Party B agrees that Party A may suspend trading or take other necessary measures during trading hours due to unforeseen mishaps or market emergencies. Party A shall bear no liability for compensation in the event such necessary measures result in injury to rights or interests of Party B.

Article 10
    Party A may dispatch personnel to investigate or make inquiries with respect to any vouchers, receipts, account books, statements, records, contracts and other evidentiary documents related to futures trading and clearing and settlement of Party B; Party B shall not evade or refuse such investigation or inquiry.

Article 11
    When necessary, Party A may notify Party B to provide specific or general financial or business information, and may make a public report of such information. Where a likelihood of a serious impact on market order is discovered, Party A may also initiate necessary measures against Party B in accordance with the operating rules of Party A.

Article 12
    This Contract shall take effect after it has been submitted, with the relevant information attached, by Party A to the Competent Authority, and approved for recordation thereby.

Article 13
    In addition to termination as set forth in Article 4, this Contract shall also be terminated in the event either party hereto is dissolved, has its operating permit voided, or ceases business.

Article 14
    The parties to this Contract agree that any dispute arising from futures trading shall be resolved through arbitration, which shall be subject to the arbitration provisions set forth in Chapter 7 of the Futures Trading Law and the operating rules of Party A.

Article 15
    This Contract is executed in duplicate, with one original to be kept by each party.

    Parties to the Contract:

    Party A: Taiwan Futures Exchange Corporation
    Responsible Person:
    Address: 4F, No. 100, Roosevelt Rd., Sec. 2, Taipei, Taiwan

    Party B:
    Responsible Person:
    Address:

    Date: