To, Prabhudas Lilladher Pvt. Ltd. Dear Sir, 1.

I/We have gone through the details of your product / scheme S u p e r L e v e r a g e and wish to subscribe to the same and the terms & conditions for the same mentioned below are accepted by me. 2. I/We understand and agree that the terms and conditions are in addition to and not in substitution of my/our Member Client Agreements and addendums / authorisations there under. I/We agree that in case of any conflict in the terms and conditions, the terms and conditions of Member Client Agreement and addendum(s) / authorization(s) accepted / issued by me shall prevail over the terms and conditions herein. I/We agree to place order /create / initiate position in Super Leverage product/ scheme for intraday trading purpose only and will close all open positions before predefined time communicated on website. However, if I/we fail to do so, PLPL at its discretion, may attempt to close all my/our open positions. I/We agree that this discretion is not an obligation / duty / responsibility upon PLPL to square off open positions and all or any losses whether on account of Square off or non square off by PLPL shall be borne by me/us. I/we agree to take responsibility of monitoring positions / margins & losses; PLPL shall not be required to make margin call / email / alert if my/our margin positions fall below required margin levels. I/We agree to pay / update / provide proper / additional margin required for any open / carry forward position(s) if I/we/ PLPL fail to square off open position(s) on any trading day; loss, if any, due to such failure will be borne by me/us. In case of excessive volatility exposure can be reduced/ margin per contract can be increased during day, I/We agree to pay additional margin required in such case to safe guard open positions failing which my/our open positions can be considered for square off & pending order(s) cancelled by PLPL on account of insufficient margin / MTM loss in my account. I/we agree that PLPL has a right but not an obligation / duty/ responsibility to liquidate any or all of my /our open positions in its absolute discretion without prior notice if Mark to Market # percentage as per PLPL is greater than or equal to defined / required % #. I/We agree that Mark to Market shall be derived as per the following formula: Mark to Market = [{Notional loss} / {Leger Balance + Collateral Value after Haircut + Transferred funds Booked Loss}]*100 i. Where Collateral Value after Haircut shall be = value of securities / stock / shares kept by client in PLPLs Margin # Account & valued after applying haircut as defined by PLPLs Risk management guidelines & procedure adopted from time-to- time. Permitted securities & Haircut are subject to change which may be without notice. Booked loss shall be = total loss booked in all segments during the day Notional loss shall be = total losses calculated as difference of all open / unsettled positions buying / selling / carry forward / open price with last traded price. Terms & conditions#
#

3.

4. 5.

6.

7.

ii. iii.

A.

Higher intraday exposure upto 2 times, at the sole discretion of PLPL, against credit in ledger account + valuation of permitted scrips placed by client with PLPL. Exposure multiple shall vary from scrip to scrip depending upon categorization by PLPL. B. Higher intraday exposure in futures contracts in derivatives segment by paying only initial / span margin under Super Leverage product / scheme. C. Open positions cannot be converted to other products to carry forward. D. All open positions created need to be closed / squared off within same trading day before predefined square off time. E. All Open positions will be attempted to close / liquidate on predefined square off time# or mark to market % reaches or # crosses 50 whichever is earlier. F. PLPL reserves the right to choose / decide the future contracts# in derivatives segment permitted for trading under Super Leverage. G. Predefined square-off time will be available to clients at the online trading web-site of PLPL.

# Liable to change from time to time as per managements discretion without any prior notice