Required for: all applicants, for any role.

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  CCPE Representations & Warranties
  *** PLACEHOLDER — FINAL DOCUMENT PENDING ***
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REPRESENTATIONS & WARRANTIES

By acknowledging below, the applicant, on behalf of the firm it represents, represents and warrants
that:

1. The firm is duly organized, validly existing, and in good standing, and has full authority to
   participate on the Exchange and to enter into the Exchange agreements.

2. The individual acting for the firm is duly authorized to bind the firm.

3. All information the firm has provided in its application is TRUE, COMPLETE, and ACCURATE, and the
   firm will promptly notify the Exchange of any material change.

4. The firm's participation does not violate any law or any agreement to which it is bound.

(This is placeholder text describing the intended scope only. The final, authoritative
Representations & Warranties will replace this document. The acknowledgment you provide in the portal
is recorded now and will be reconciled against the final document.)