Day Month Year TradingA/C Code

Sub-AccountNo.

DateTo be fr l€d by off ce oi y

NOTE '1 : Each and every column must be filled in

N0TE 2: Each page of the form must be duly sign by the account holder & the Broker

Company Registration No:

Nayyar Sheik\Securities (P\'t) Ltd.

Account Title:(Use Block Letters)

(Name ofAccount Holder as per NIC)

Father's/Husband's Name:

Residence #

Address:

E-mail: Mobile #

Date of Birth: -tttl Nationality:

Res.status: Residentf ] Non-Resident{ I Gender: Mab:[ ] remate,[ ]

0ccupation:

Passport No: Place of lssue: Date of lssue:

For non Residents

NIC No:

Account Title:(Use Block Letters)

#

(Name (s) ofAccount Holder as per NIC)

Father's/Husband's Name:

Residence #

Address:

E-mail: Mobile #

Date of Birth: Nationality:

Res, Status: Resioentl--l Non-Resident E Gender: t,trt., f--."l rurut., [-_--l0ccupation:

Passport No: Place of lssue: Date of lssue:

For non Residents

NIC No:

Signature Thumb lmpression

r

The Company hereby Declares that:. a) lt has noi applied to be adjudicated as an insolvent and that it has not suspended payment and it has not compounded with its creditors.

b) lt is not un-discharged insolvent; and

It has not been declared defaulter in repayment of loan of a bank / flnancial institutions.

Mark tick Ul in appropriate box

Muslim-Zakat Payable [ ] Muslim-Zakat non Payable t 1 Non Muslim t l

The Account Shall Be Operated By The Following

The Account Holde(s) hereby undertakes to deposit % margin against his/her/thek outstanding trades / exposure for the purpose oftrading in his / her/ their account'

The broker shall notfy the Ac;ount Holde(s) about any change in the above mirgin requirement at least 3 days prior to the irnplementation ofthe revised margin requirements.

Client's Bank Details: Account(s) with other Brokers(s) (optional)

Name olBroker

MemberExchanoe

Client lDAccount

Name Of Bank PLS/Cur. Ac No

Branch Address

Dividend Mandate:

y., [-_-l ruo f---l lfYes,Pleaseprovidethefollowingdetails

Name of Bank PLS/Cur. Ac No.

Branch Address

Mark tick yl in appropriate box

account holder will be responsible for all consequences.

[ ]byhand [ ]bypost [ ]bye-mail [ ]byFax

details of the relevant box:

Nayyar SheikhSecurities (Pvt) Ltd.

Signature

Dear Sir,

having trading account --- and CDC Sub-Accounl

with Nayyar Sheikh Securities (pvt) Ltd. under participant ArlC lD.-hereby authorize

Mr./Ms.

father's/husband's Name

Ntc #

Fi/0:

To convey my instructions to you among others on the following matters:

1 ) To place orders for purchase / sale of shares of various companies at various rales.

2) To sign confirmation statement of various trades carried out on my behalf during the period.

3) To issue wriften instructions to you, for receipt / transfer ol shares (through normal trade into / our of my CDC sub Account)

4) To receive !r/C payee cheques in my name from you and make payments on my behalf in cash or by cheques.

5) To receive origrnal / copies of bills, proceeds and diflerence bills and copies of account statement on my behalf.

This is for the purpose that, I am oflen busy and can not instlucl you on lelephone or otherwise.

Nayyar Sheikh Securities (pvt) Ltd. will be fully indemnified, for all acts and omissions done, on behalf of my authorized

person whose instructions shall be deemed as my instructions.

I have read and understood the contents of this letter 0f authority and accept it as whole.

Yours sincerely,

Name:

Father's/Husband's Name

Address

,trill,'

u

NIC No: lt

Nayyar SheikhSecuritieg (hrt) Ltd.

Signature Thumb lmpression

Board Resolution: ANNEXURE'A'

''RES0LVEDthatanapolicationbemadeonbehalfof(name0fentity)t0

("Broker ") for opening an Account and for the afore-said purpce tie account opening form including.

Terms and Conditions as set out herein be executed on behalf of (name of entM

ffiffilMI

ffit

$Hlffilt:J

Hr"{

ffi1

Hffil&*tM IH1

FURTHER Resolved $at

and MrJM/s. Be and hereby authorized and empoYvered, eifier singly/Jointly lor and on betulf

(name of entity) in respect of company's agplication for opening an Accornt.

Further Resolved that MrJM/s. and Mr./[Us.

be and are hereby authorized and empowered, either singly/iointly to represent to lhe broker on all matters perhining to fie maintenance and operalion 0t

the account, to deal, liase and conespond witi broker and give lnstructions to fulfill all the responsibilities and obligations to broker under the law, rules

and regulations and the terms and conditions in relation to the Account from time to time, and to deal witlr other incidenhl and ancillary acts, hings and deeds'

Signature of the Directors

01.

Date of Resolution

02.

04

05.

Slgnature

Price Range

Gommission SIab

Marginal Delivery

LHR. KAR. FUf. Carryover LHR. KAR.

4eesE E [] t_l E tleeee [:] t-l E t-l tl r199g}E E E t] E E

[]Et_]t]EEt_lEt_tEDtl

andabovei] n E t] E t]iTEEDt:]E

00.01

$Piovisional

. Agreed by:

Name ol Clienl

A/c Code:

\,

Nayyar SheikhSocuritta (Pvt) Ltd.

Signature

I

1. l/We further agree that my/our relationship with you in

connection with sale and purchase of shares and securities

or, trading in shares/ securilies shall be governed by the

Rules and Regulation of the Lahore Stock Exchange (G) Limited

and lAtle undertake to abide bythe same

ln Addition, thereto the following Special Terms and Conditions

shallapply with regard tothe book entrysecurities:-

l/\iVe hereby acceptthatthe sub-account/ group-account shall be

govemed by the provisions of the central depository act 1 997 and

the central depository cornpany of Pakistan's Regulation in

force time to time.

Nayyar Sheikh Securities (pvt) Ltd. is authorized to keep

my/our shares / securities as custodian in the sub-account /

Group account held as a member of Lahore Stock Exchange (G)

Limited.

l/We here by irrevocably and unconditionally authorize

Nayyar Sheikh Securities (pvt) Ltd. to move my/our

shareysecurities f rom my/our sub-Accounticroup-Account f rom

time to time for settlement purpose with the right to dispose

them ofi at any time without any notice to me/us and to apply the

net proceeds thereof towards the adiustments of my/our

outstanding that may be due from me/us,directly or indirectly t0

Nayyar Sheikh Securities (pvt) Ltd. includingagainstall

my/our losses and l/We shall continue to be liable for any

shortfalls.

lAltle further hereby unconditionally aod inevocably authorized

Nayyar Sheikh Securities (pvt) Ltd. to pledge my/our

book entry securities in favor 0l any eligible pledge(s) and in

parlicular,theexchange(s), including but not limited for he

purposes of meeting my/our exposures on tmding in accordance

with section 1 2 orthe CDCactandthe CDC regulations, as may be

amended and / or substituted fr0m time to time.

Nayyar Sheikh Securities (pvt) Ltd. is luther

unconditionallyandinevocablytofreezem y /o u r s u b -

Account/Group-Account and / or to move My/our

shareVsecurities in the Sub-AccounVGroup-Account fu any

purpose without any notice to me/us.

The foregoing conditions also constitute my/our inevocable

authorization to NayyarSheikh Securities (pvt) Ltd. for

the purpose of section 24 of central depository Act. 1 997 and the

central depository company of Pakistan Limited Regulations.

Account Title:

Signature:

A)

B)

il

For ffice Use 0nly

Date: sub-accounUgroup-account f

Remarks:

Agent:

Checked By:

Nayyar SheikhSecurities (Pvt) Ltd.

Signature

t I Open Sub A,/c

I I Open Group rar/c

Itt/hidr ever isNayyar SheikhSecurities (ht) Ltd.

Dear Sir,

l/we hereby request to open a Sub-account / Group at CDC in my/our name for sale,

Purchase, Trading and Badla Financing in Book Entry securities. My/our particulars are as follows;

Title ol Account Holder's Name:

Father's / Husband's Name:

Address:

Contact #

Resident Status:

E-mail Address:

NTN #

Ntc #

&Shares Holder's Category lndividual I I Corporate I I lf other please specify I I

ZakatStatus/MuslimZakatApplicable -[ IMuslimZakatnon-applicable[ ] Non-Muslim[ ]

Please attach a relevanl CZ-50 of (All Account Holders) on prescribed tormat if exemption is claimed

(Please provide affidavit in case ol Muslim Zakat not applicable)

l{ominee Detalls

Name:

Nlc #

Relation with

For lhe Dlsposal ol Diyldend Wananb

Dividend Mendate I I Yes (tf 'Yes' kindly fill the lollowing details also[ ] Number

Title ol Bank Account:

Bank's Name:

Account #

Branch:

Nayyar SheikhSecurities (Pvt) Ltd.

Signafure

Signature ol Broker Signature ol Account llolder

Signature ol ioint Account Holder

WTNESS: 1

WITNESS: 2

0pened by:Date:

. Enclosure (for individuals):

1. Attested copy ol National ldentity Card of the Applicant.

2. Attested copies of Nationdl ldentity Card of he Joint Account Holders and or Nominee(s) (if applicable).

3. Attested copies ol the passport of the applicant, Joint Account Holde(s) and or Nominee(s) (in case ol non-resident)

4. Copy of the Letter of Authorization from the Account Holde(s) of the person authorised to trade in his/fieir accounb

(if other than the account holde(s).

5. A list of Transaction fee, Commision to be charged by the Broker and other CDC charges to be levied.

tlErtlE

i"

\,d

Signa&re

8.(v) Without prejudice to the Broker's rights, remedies and resources mentioned in any of the preceding clauses, in the event of the Account

Holde(s) failure to make the payment against a purchase contract as mentioned in Clauses 8(i) and 8(ii) above, or to deliver or deposit the

Securities against a sale contract, as mentioned in 'Clause 8(iii) above, and/or to deposit and maintain the margin as mentioned in the

Margin Deposit condition mentioned above in this Form, the Broker shall have the right to square up and liquidate the Account Holde(s),

including losses, damages, costs and expenses which the Broker may suffer or sustain out of any Margin or Securities or collaterals that

may be held by the Broker atthe relevanttime. The Account Holder( s) shall continue to be liable for any shortfall.

The Account Holde(s) shall have a right to obtain a copy of his /her or their ledger statement under official seal and signature of the Broker

or his authorized representative on a periodic basis. ln case of any discrepancy in the ledger statement the Account Holde(s) shall inform

theBrokerwithin Idayof receiptoftheledgerstatementt0removesuchdiscrepancy.

The account Holde(s) shall operate the account and execute transactions himself/herself/themselves, unless authorized as above.

For JointAccount Holders 0nlv:-We, the Account Ho!ders shall operate the accountjointly or severally and the instructions issued eitherjointly or severally shall be binding

on us as well as upon the broker in respect of the joint titled account 0R ourtitled account shall be operated only by wh0-shall be deemed as the authorized person for operating the loint account or issuing any

instructions relating thereto.

The Broker shall be responsible to append a list of his authorized agents/traders and designated employees, who lan deal with the Account

Holde(s) with this account opening form and a copy of both the opening form and the list will be provided to the Account Holde(s). Any

change therein shall be intimated in writing to the Account Holde(s) with immediate effect.

The Broker shall debit the account of the Account Holde(s) for the commission charges or any other charges in connection with the

brokerage services rendered, which shall be clearly detailed in the ledger statemenVdaily confirmations.

The Broker shall not disclose the information of the transactions of the Account Holders to any third party and shall maintain the

confidentiality of this information. However, in case the Exchange or the 'Commission as the case may be requires any such information,

the Broker shall be obliged to disclose the same for which the Account Holde(s) shall not raise any objecti0n whatsoever.

ln case a Broker converts his individual membership rights to corporate membership and vice versa the agreement and conditions laid

down herein above shall remain effective unless otherwise agreed bythe parties.

Acceptable mode of communication between the Account Holde(s) and the Broker shall be through letter (courier / registered post / fax ore-mail) or by hand subject to receipt / acknowledgment, as per the medium chosen by the Account Holde( s) in the title page of_this

Account 0pening Form. The onus of proving that the e-mail has been received by the recipient shall be on the sender sending the mail. T h e

Broker may, however, at.its discretion, lnsist upon a particular mode of receiving instructions from the Client in one of the above

mentioned modes of communication and shall be further at a libefi to record, tape or in any other manner store such instructions. Any

voice recording made by the Broker shall constitute evidence of the communication so recorded for such instructions.

ln case of change of address or contact numbers of either party, the concerned party shall immediately notify the other par$ of the

changes in writing.

The Account can be closed by either party upon given the other partyl 5 (fifteen) days prior written notice to the other. Upon service of such

notice, no further transactions of Seluriiies wlline executed by the Broker on Account ol the Account Holde( s), except that all pending

ordersshall be executed and all settlement shall be made on the effective date of such termination. This is without prejudice to the right ol

the Broker to close the Account and to square off the Account Holde(s) position and recover all outstanding, dues, losses, etc. Without arry

prior notice in event of non-payment or breach of any of the terms and conditions of this Agreement by the Account Holde(s). The Account

Holde(s) shall continue to be liable for any shortfall.

l/ We, the Account Holder(s) acknowledge receipt of this account opening form (signed here by me/us in duplicate) along with the copies olall the annexure and I / Wtj, the Accoun't Holdei( s) also undertake that l/We have understood all the above terms and conditions of this

agreement which are acceptable to me/us.

l/ We, the Account Holde(s) understand that the shares trading business carries risk and subject to the due diligence on part of the broker

liwe may incur losseslorwhich l/we, the Account Holde( s)shall not hold the Broker responsible.

l/ We, the Account Holde(s) further confirm that all inlormation given in this application is true and complete and hereby authorize the

Brokerto verify any information mentioned above.

10.

't1.

't2.

13

14

15.'

17.

18.

19.

21

Nayyar SheikhSecurities (Pvt) Ltd.

Signature

2.

Special Terms and ConditionsThe Terms and Conditions set herein below shall be equally binding, on the Broker and the Account Holder(s)

1. All transactions between the parties shall be sublect to the Article, Rules and Begulations of the Exchange, revised policies, Board

Directions and new regulations to be framed in pursuance of Section 34 ofthe Securities and Exchange 0rdinance 1 969, the Securities and

Exchange Commission of pakistan Act 1 997, Brokers and Agents Registration Rules, 2001 . Securities and Exchange Rules, 1 971 and all

directions/directives passed from time to time regulate the trades between the parties and to regulate Brokers conduct and the Central

Depository companies of Pakistan Act 1 997, Rules framed there under and the National Clearing and Settlement System Regulations and

any other law for the time being in force. The Broker shall ensure provision of copies of all the above Laws, Rules and Regulations at his

office for access to the Account Holder(s) during working hours.

The amount deposited as security margin by the Account Holde(s) with the Broker shall only be used for the purpose of dealing in

securities, such as trading and/or settlement of deliveries of securities on behalf of the Account Holde(s). The broker shall not use such

amounts lor his own use.

The Broker shall be authorized to act on the verbal instructions of the Account Holde(s). The Broker shall provide a written confirmation ol

the executed transactions as required under rule 4 (4) of the Securities and Exchange Rules, 'l 971 , and all such transactions recorded by

the broker in his books shall be conclusive and binding upon the Account Holder(s), which shall not be questioned by him/her/them, subject

to clause S below. 0R , The account Holde(s) shall give written instructions for the sale/purchase of securities to the Broker' The Account

Holde(s) ; shall not give any verbal/oral instructions. The Broker shall provide a written confirmation of the executed transactions as ",

required under rule 4 (4) of the Securities and Exchange Rules,l 971 , and all such transactions recorded by th Broker in his book- shall be

conclusive and binding upon the Accgunt Holder(s), which shall not be ,questioned by him/her/them, subjectto clause 5 below.

The Broker shall provide the confirmation of the executed transactions to the (Name ol Account Holder) at the above stated address by

means of accepta'ble mode of communication or by hand subject to acknowledgment receipt as noted in clause 1 6.

ln case there are any erro( s) in the daily confirmation statement, the Account Holde( s) shall report the same to the Broker within one

business day of the receipt bf'confirmation. ln case the Account Hotoe(s) oo not respond within one business day 0f the receipt of the said

daily confirmalion statement, the confirmation statement shall be deemed conclusively accepted by the Account Holde(s)'

ln the event that the Account Holder(s) fails to deposit additional cash or securities as margin within one business day of the margin call in

writing), the Broker shall have aosdtute discretion to and, without further notice to Account Holde(s)' liquidate the Account Holde(s)

outsta"nding position, including the securities purchased and carried in such account, so that the margin is maintained at the required level

or the loss sutfered by the broker, can be recovered.

The Broker shall be responsible to ensure delivery of the CDC eligible securities in-the CDC account of the Account Holde(s) subject to full

payment by the Accouit nofOeitsl. ln case of companies, which"are not on the CDC, the Broker shall ensure delivery of physical shares

along with verifieo transrer oeeo'i'igainit payment!, to the Account Holde( s). Further, the Broker shall be responsible for the payment of

ir,, ."reOit 16n Ualance available inihe aciount ot the Account Holder preferably in form of A/c. Payee cross chequewithin 1 business day

of ihe request ofthe Account Holde(s) (subject to the maintenance of margin requirements) and clearing schedule ofthe Stock Exchange'

The Broker shall encourage the Account Holde(s) t0 make payments to the Broker by'' A/C payee only" c-heQue or cash.(for amounts below

Rs. 50,000). The Broker shalt Le reiponsiOfe to prbvide the ieieipt to the Account HotOe(s) in the name ofthe Account Holde(s) duly slgned

o,, auii,oiizeo igents /employee ol the Broker and the Account iiolde(s) shall be responsible to obtain the receipt thereof. ln case of cash

O6Jirgi, prop.i receipt witt fie taf<en anO given to the Account Holde('si, specifically mentioning if payment is for margin or the purchase

of sdcurities.

The Account Holde(s) shall pay t0 the Br0ker for all purchases removal of the last working session of the clearing of the relevant Exchange'

All amount due in respect of se;;;iues tnit nave oeen purchased or transaction carrieo out oy tne eroker on the instructions ofthe Account

Holde(s). Whether or not tne [ccount Holde(s) has/have received invoice/bills in respect thereoj. For-the.purpose of this clause' a

certificate by the Broker thut i particJri.umouniis due in this regard, shall be the conclusive pr00f thereof and shall be binding upon and

not called in question by the Account Holde( s).

ln case of any amount due from the Account Holde(s), as may be certified by the Broker-in respect of Seculities purchased on account of

the Account Hotde(s), has not been piiO UV tnr A..ornt HotOer(r) within the [eriod specilied in Clause 8(i) above, the Broker shall have the

iight i0 Jrttl. ttre ;uistanOing ir,irntr out of any money(iei)'or margin of the Account Holde(s) lying witlt the Broker or from any

m"oney(ies) realized from the sile of securities or ariy otner propeny neH by tne Broker as margin or security and the Broker.shall have an

unfett'eied right anO power to seti transfer and dispoie ott sucn ass6ts and/ilr the margin or security as the Broker may deem fit'

ln case ol sale contract, the Account Holde(s) shall, before the start of the last working session.of the.clearing of the ielevant Exchange,

&idit withlhi srgigr tne Sdcuritiei-wrii6n ne'l sne tieyJ rrave instructed the- Broker to sell. The Account Holde(s) shall be

reiponlb'rd to ensure ttrat sucn siiuiiiiis ire in a state and foim wherebythey can be marketed, delivered-and transfened. The Account

iro'i'o6rtifarsli unoirtaie(s)d ffipiy with ine oiieitlonsot the Brokeifor ihe regularization of any defect, mistake, discrepancy or

inegularity or any such matter in respectthereof.

8. (iiD

5.

8, (i)

8. (ii)

8. (iv)

Nayyarsfi6iffiSecurities @vt) Ltd.

Signature