1.1 Order Types. At Your direction, and in accordance with Your instructions, FideliTrade will attempt to buy or sell for
You precious metals bullion products, including, but not limited to, bullion coins and bars (collectively, “Bullion,” or
individually referred to as a “Bullion Product”).
1.2 Shipping. If You elect to take delivery of Bullion that You purchase or hold in Your Account (an “Out‐shipment”), the
shipping instructions that You provide to FideliTrade must be in writing and signed by You, and we may require
notarization. FideliTrade reserves the right to accept delivery instructions that it otherwise deems acceptable in its sole
discretion. You agree to promptly defend, hold harmless, and indemnify FideliTrade against any and all claims,
damages, costs, or legal fees, including attorneys’ fees, arising out of FideliTrade’s good faith reliance on shipping
instructions sent to FideliTrade for Your Account. FideliTrade shall have no obligation to deliver Bullion to You unless
and until all amounts due to FideliTrade have been paid.
1.3 Bullion Holdings. If You elect not to take delivery of Bullion that You purchase or hold in Your Account, for reason of
necessity and/or convenience, then You may defer delivery of Bullion to a later date (with FideliTrade’s consent) and
select FideliTrade’s Individual Custody Service and/or Bulk Custody Service.
Individual Custody Service. If You select the Individual Custody Service, specific types of bullion coins or bars will be
purchased and/or credited to Your Account by FideliTrade. You acknowledge that bullion coins and bars are held
according to their intrinsic metal value, and not as collectable items or rare coins. FideliTrade maintains Bullion in
fungible bulk, allocated form, without regard to its age, mintage, condition, history, art and aesthetics, or rarity.
FideliTrade shall not be responsible to identify, account for, or to report on hallmarks and/or serial numbers on
bullion bars, except for 100‐oz gold bars, 1,000‐oz silver bars, 50‐oz platinum plates, and 100‐oz palladium plates, which
FideliTrade will account for and report by their serial numbers. FideliTrade is not responsible for custody or reporting
of any packaging, assay certificates, or other documents that may accompany bullion coins or bars. FideliTrade makes
no warranty regarding the weight, dimensions, fineness/purity, content, authenticity, or condition of any Bullion that
You place into Your Account, unless the Bullion is purchased directly from FideliTrade. You will be billed for
administration fees and other fees on a semi‐annual basis at the administration rates that FideliTrade charges from time
to time for the Individual Custody Service. Administration fees are calculated by summing the daily charges for the
billing period. The daily charges are calculated by multiplying the total dollar value of holdings each day by the
current daily rate. The total dollar value equals the number of ounces of each metal type held multiplied by the
applicable daily spot metal price. The current daily rate is the annual rate divided by 365 days. The current
administration rates and other fees in effect are posted on FideliTrade’s website, www.fidelitrade.com. For an
additional fee, You may request that FideliTrade store and physically segregate Your Bullion apart from the holdings of
other FideliTrade customers. FideliTrade may, in its discretion, keep Bullion at such locations, and with such third
parties, within or without the United States of America, as FideliTrade may select. You shall not make any use or
disposition of Bullion in Your Account that would convert the Account into a security under state or federal law.