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Candor Equities Limited Level 8, South Wing, Millennium House, 46/58, Nawam Mawatha, Colombo 02. Tel: +94 11 2359100 Fax: +94 11 2305522 Email: info.cel@candorh.com Website: www.candor-holdings.com

Application for Internet Trading – Individuals A M A

CDS Account Number:

Mr.

Title:

Mrs.

Miss.

Dr.

Rev.

Last Name / Surname:

______________________________________________________________________________

Initials:

_________________ Names Donated by Initials: _____________________________________

Address:

______________________________________________________________________________

Email Address:

__________________________ Contact Number: _____________________________________

1st Joint Holders Name:

______________________________________________________________________________

2nd Joint Holders Name: ______________________________________________________________________________ Preferred User ID: 1st Choice: _________________ 2nd Choice: __________________ 3rd Choice: __________________ Candor Equities Limited ( C E L ) or IronOne Technologies (Pvt) Limited (System Provider) will not be liable for any unauthorized use of the password by third parties or for an unauthorized order or trade executed via "iTrader", and for any accidental and / or erroneously executed trades via "iTrader" and any losses arising out of such trades would be the sole responsibility of the client. However, the client may contact Candor Equities Limited immediately to arrange a manual trade cancellation, subject to counter party and Colombo Stock Exchange approval.

___________________________________

___________________________________

Signature of Applicant

Signature of 1 Joint Holder

st

___________________________________

Signature of 2

nd

Joint Holder

Internet Trading Agreement I/We ……………………………………………………………….request Candor Equities Limited (hereinafter referred to as “CEL”) to allow me/us the use CEL Internet Trading Service (hereinafter referred to as the “iTrader”) and hereby agree to be bound by the terms and conditions governing such service. 1. I / We do hereby authorize CEL to issue me/us the distinctive user identification (hereinafter sometimes referred to as the “User ID”) for the purpose of using the iTrader by me / us. 2. I / We authorize CEL to accept or act upon all instructions or messages which purport to come from me/us and are received by the through the iTrader and authenticated in the manner described by CEL under the usage of password issued to me / us by CEL(hereinafter referred to as “Password”). 3. I / We do hereby agree to change the Password immediately after logging on to iTrader for the first time and periodically thereafter. 4. I/We do hereby undertake to provide accurate and complete information and transmit same to iTrader. I / We will immediately bring to the notice of CEL any change of such information, error, discrepancy or omission noted by me / us. 5. I / we shall accept the full liability for: all transactions processed or effected by the use of iTrader User ID and Password; and/or for all consequences arising from or in connection with such use including access to any information by any third party; and/or any duplicate transactions carried out 6. I/We do hereby undertake not to duplicate the transactions effected through iTrader with the offline transactions and vice versa. 7. I/we shall not attempt to effect transactions through iTrader unless sufficient funds (for purchases of securities) inclusive of other charges associated with the transaction, are available in with me/us. I /we hereby authorize CEL at its sole discretion to sell or transfer any securities that are in my/our accounts maintained with CEL in order to recover any loss or damages that shall arise to CEL as a result of me/us trading through the iTrader without sufficient funds or any other reason whatsoever. This right of CEL shall be in addition to any other rights that shall be available to CEL under any laws or regulations including the rules and regulations of the Securities and Exchange Commission of Sri Lanka, the Colombo Stock Exchange and the Central Depository Systems (Private) Limited. 8. I / We agree that CEL reserves the right to allow or disallow my/our instructions at its sole discretion with or without notice to me / us. 9. I/We acknowledge if my / our securities account with CEL is a jointly held account, our liability shall be joint and several for all transactions effected through iTrader. 10. I / We do hereby authorise CEL to record the transactions effected by me / us via iTrader, and to use such records for the purpose of establishing or verifying that a particular transaction was effected through the use of my/our User ID and Password. 11. I / We shall accept CEL’s records and statements of all transactions processed through the iTrader through my/our account as conclusive and binding on me / us for all purposes. 12. I / We agree to procure and maintain any equipment necessary for use of iTrader in proper working order with adequate security measures and undertake not to use insecure equipment to access the iTrader. 13. I / We will set up and maintain adequate measures to avoid unauthorized use or access of the iTrader even after the expiry or termination of this agreement.


14. I / We shall inform CEL immediately if I / we become aware of any act or attempt of unauthorized use of the User ID and Password grated to me/us. 15. I / we hereby undertake to keep my/our User ID and Password in strictest confidence and not to reveal it or leave any room to any person to have access to it at anytime under any circumstances. 16. I/we agree to pay any charges, commission, brokerage charged by CEL subject to the rules of the Colombo Stock Exchange and other prevailing laws and regulations of Sri Lanka (as may be amended from time to time) 17. I / we shall absolve CEL from any cost, damage, loss or liability incurred by the use of User ID and Password issued to me / us or substituted by me / us, with or without my / our knowledge. 18. I / We shall not hold CEL accountable for any loss, damage or liability incurred or suffered by me / us as a result of my/our failure to adhere to any instructions given on iTrader for any reason whatsoever. 19. I / We agree that in the transactions effected by me/us through the iTrader with third parties, I / we shall not hold CEL responsible in any manner whatsoever for any lapses on the part of the transacting parties ( including other brokers) failing to meeting their respective obligations. 20. I / We expect that CEL will take reasonable and practically possible steps to ensure that its systems in connection with the iTraders has adequate security controls to manage the risks in operating iTrader. 21. I/We agree that in no event CEL shall be liable to me / us for any incidental, indirect, special, consequential or exemplary damages including without limitation any loss of use revenue or profits occurred under this agreement. 22. Unless due to the willful or gross negligence of CEL, CEL or any of its employees shall not assume any liability or responsibility to me / us or any third party for the consequences arising from or in connection with the use of the iTrader and / or access to any information as a result of such use by me / us or any other person whether or not authorized, or in connection with any information, interception, suspension, delay, loss, unavailability, mutilation or other failure in providing the iTrader, in transmitting instructions or information relating to the iTrader or in connecting with the Internet/ Websites Site(s) caused by any acts, omission or circumstances beyond the reasonable control of CEL including without limitation, failure of any communication network, act or omission of any third party service providers, mechanical failure, power failure, malfunction, breakdown or inadequacy of equipment, installation or facilities or any law, rules, regulation, codes, directions, regulatory guidelines or government directives, transmission and / or storage of any information and / or transactions relating to me / us, or in connection with transactions or dealings conducted by me / us pursuant to the services through or in any system, equipment or instrument of any communication network provider. 23. I/we hereby acknowledge that I am permitted to enter into this agreement in terms of the application form signed by me for opening CDS account/s with CEL and that the terms and conditions contained herein are in addition to the other documents and written agreements that I have signed with CEL. 24. I / We shall and hereby indemnify CEL, its employees or information/service provider and their respective officers and employees against all liabilities, claims, demand, loses, damages, costs, charges and expenses of any kind (including Attorney’s fees) which may be incurred by any of them and all actions or proceedings which may be brought against any of them in connection with services provided through iTrader in the absence of any gross negligence, fraud fault or willful default on the part of CEL or its employees. 25. I/We agree that CEL may at any time amend any of the terms and conditions contained herein and the privileges attached to the use of the iTrader, at its absolute discretion with or without notice to me/us and such amendment shall be binding on me / us. 26. The use of the iTrader and all the trades via iTrader shall be subject to the applicable provisions of Stockbroker Rules of Colombo Stock Exchange and rules of the Central Depositary System. CEL shall use the iTrader solely for the purpose of operating the CDS account of the client. 27. I/We agree that the iTrader shall be used by me/us solely for the purpose of operating my/our CDS account and shall not be used to operate the CDS accounts of any other person, except in instances set out in Guideline 1.5 of the Internet Trading Guidelines of Colombo Stock Exchange dated March 2010. 28. In the event I/we decide to terminate the use of iTrader I/we shall give CEL at least seven (07) days prior notice in writing and further return any document relating to ITrader (if any) given to me / us by CEL. CEL may at its absolute discretion cancel, withdraw or renew ITrader with or without any prior notice to me / us. 29. CEL shall be bound by the Guidelines setout in Internet Trading Guidelines of Colombo Stock Exchange dated March 2010. CEL will ensure that the confidentiality of the client’s User ID/Password, client’s personal and trading information is maintained. 30. This agreement shall be governed by and construed in accordance with the Laws of Sri Lanka and be subject to the exclusive jurisdiction of the courts of Colombo, Sri Lanka. I / We have read and understood the foregoing and agree to be bound by the above terms and conditions contained in this agreement.

……………… Date:

………………………………. Signature of Applicant

……………………………………….. st Signature of 1 Joint Holder

…………………………………………… Signature of 2nd Joint Holder

For Office Use Only Exposure: ___________________________

Per Order Limit: ______________________

Per Day Limit: ________________________

Credit Limit: ___________________________

User ID: __________________________

Date Created: ________________________

____________________________________ Investment Advisor

___________________________________ Signature verified by

___________________________________ Account Created by ___________________________________ Approved by


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