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Checkwriting
This service allows you to write checks for $500 or more on T. Rowe
Price money market and bond fund accounts that allow checkwriting.
A supply of 10 checks will be mailed toyou.
Add checkwriting services.
By signing this form, I acknowledge and agree that:
•
This form applies to any other identically owned T. Rowe Price fund
(Fund) I open later that is eligible for checkwriting services, except
Brokerage Advantage;
If I am subject to IRS backup withholding, I may write checks only
on money market fund accounts;
The Fund reserves the right to modify or revoke checkwriting services
at any time;
The signatures on this form are authentic. For organizations, I have
submitted an original or certified resolution authorizing the individu-
als with legal capacity to sign and act on behalf of the organization;
Checks only require one signature, regardless of whether the
account has multiple owners or authorized signers;
Negotiation of a check is a mutual fund redemption, and all condi-
tions on redemptions set forth in the Fund’s prospectus apply; and
• This agreement is governed by Maryland law.
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Bank Information
Required for EFT. This service allows you to move money between your
bank account and T. Rowe Price mutual fund account(s) quickly and
easily via the Automated Clearing House (ACH) network. EFTs occur when
you initiate them.
Enclose a voided check or a letter signed by the bank on bank
letterhead, which provides the account number, registration, and
ACH instructions.
¨ Checking account or ¨ Savings account
¨ Instead of submitting a separate check, use the bank account
information on the initial investment check enclosed.
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Signature(s)
ACCOUNT AGREEMENT
By signing this form:
• I agree to be bound by the terms of the prospectus for each
T.Rowe Price fund (Fund) in which I am investing. I have the
authority and legal capacity to purchase mutual funds, and am of
legal age in my state.
• I authorize T. Rowe Price Services, Inc. (TRPS); the Fund; and their
agents to act on any instructions believed to be genuine for any
service authorized on this form, including computer/phone services.
The Fund and TRPS use reasonable procedures to verify the identity
of the shareholder and the person(s) granted trading privileges,
if applicable, when servicing an account by computer/phone. I
understand that it is TRPS’s policy to accept transaction instructions
from and provide account information to the registered account
owner(s) only, unless the account owner(s) has provided authorization
to TRPS, in a form acceptable to TRPS, to grant trading privileges
or to provide (or permit access to) account information to another
person. I further understand that it is my responsibility to monitor
the activity in my account and not to provide account information,
including my online user name and password, to anyone. TRPS's
liability for unauthorized transactions is subject to the terms and
conditions of its Account Protection Program. All services are subject
to conditions set forth in each Fund’s prospectus.
• I agree that computer/phone exchange and redemption services will
be activated automatically when my account is opened. If I do not
want these services, I will contact TRPS to terminate these services.
• I agree that for joint accounts or other types of accounts owned or
controlled by more than one party, “I” refers to each owner/party and
that each owner/party has complete authority to act on behalf of all
and give instructions concerning the account(s) without notice to the
other parties. TRPS may, in its sole discretion and for its own protec-
tion, require written authorization from all owners/parties to act on the
account for certain transactions (for example, to transfer ownership).
• The Funds can redeem shares from my account(s) to reimburse a
fund for any loss due to nonpayment or other indebtedness.
• By adding bank information, I hereby authorize TRPS to initiate
credit and debit entries to my account(s) at the financial institution
indicated and for the financial institution to credit or debit the same
to such account(s) through the ACH network, subject to the rules
of the financial institution, ACH, and the Fund. TRPS may correct
any transaction error with a debit or credit to my financial institution
account and/or Fund account. This authorization, including any credit
or debit entries initiated thereunder, is in full force and effect until I
notify TRPS of its revocation by telephone or in writing and TRPS has
had sufficient time to act on it.
• I authorize TRPS to use the cost basis method checked on this form
for covered securities. I understand the tax consequences of select-
ing the cost basis method checked on this form and had the oppor-
tunity to consult with a tax advisor before making this selection.
•
I understand that, to minimize Fund expenses, it is TRPS's policy to
send only one copy of the prospectuses, shareholder reports, and other
documents (except account confirmations and statements) to all Fund
shareholders residing at the same address. I also understand that this
applies to all existing Fund accounts and any accounts I may open in the
future. I consent to this policy and understand that I do not need to take
action. If I do not consent, I will call TRPS after my account is opened.
• I authorize TRPS to obtain consumer credit reports (which contain
information including my creditworthiness, credit standing, and credit
capacity) and other information to help verify my identity and to
determine whether to open my account(s) or, after my account(s) is
opened, whether to maintain my account(s) or restrict certain services.
If, after making reasonable efforts, TRPS is unable to verify my identity,
I understand that TRPS is authorized to take any action permitted by
law, including closing my account(s) and redeeming my account(s) at
the net asset value calculated the day the account is closed.
• I understand that if my account has no activity in it for a period of
time, TRPS may be required to transfer it to the appropriate state
under abandoned property laws.
