The below named individual hereinafter referred to as “Participant” requests MATMAC Financial Group, LLC. hereinafter referred to as “MATMAC Financial Group, Inc.”, to provide the services described below, under the terms and conditions outlined in the Agreement, in return for a periodic service fee identified above and agreed hereto.

SERVICES
The Participant shall receive the following services from MATMAC Financial Group, LLC. Effectuate the payment of monies, including premium(s) or deposits to designated third parties as requested or otherwise directed in writing by the Participant. In exchange for providing the monthly services for Participant, MATMAC Financial Group is being given the authorization to deposit the specified amount as designated below into the Public Employees Fund a managed futures fund owned by MATMAC Financial Group, LLC and managed by a designated service provider. The monthly withdrawal from the account specified below will not be modified without the expressed written consent of the Participant. The Participant hereby authorizes their bank to accept periodic electronic transfers or drafts from the Bank’s Automated Payment Service for the amount stipulated above or as modified in writing from Participant in the frequency stipulated above. Said transfers shall continue subject to the terms of the Agreement.

AUTHORIZATION FOR AUTOMATIC TRANSFER OF FUNDS: (NOT APPLICABLE TO ANNUAL PAYMENT)
I/we hereby authorize the transfer of funds held in the above named institution for the purpose of making monthly contributions on my behalf. I authorize the above named institution to accept transfer of funds as if the transfer were signed personally by me. This authority is to remain in effect until I revoke same in writing, and I agree that each institution involved in any transfer shall be fully protected in honoring such transfers until such time. I further agree that if any transfer is dishonored due to any reason, the institutions involved shall be under no liability whatsoever even though it may result in the non-payment of my monthly membership fee. In addition, I authorize MATMAC Financial Group, LLC to reverse any payment made on my behalf if my transfer is dishonored for any reason. In the event that an erroneous electronic transaction is posted to my account, MATMAC Financial Group, LLC may execute a reversal of that transaction. My personal check payment may be converted to an electronic payment processed through the Automated Clearing House Network (ACH). My payment will be reflected on my financial institution’s monthly account statement as an electronic payment in the amount of my check, and will reference the check number I use to make this payment. For further information or to opt-out of the electronic check program, I understand that I must call (877) 462-8622 during regular business hours. I authorize ACH payment of initial premium in lieu of personal check or credit card if not included with my application.

TERMS AND CONDITIONS
The Participant may terminate this Agreement at any time giving MATMAC Financial Group, LLC thirty (30) days written notice. MATMAC Financial Group, LLC may choose to terminate this Agreement if for any reason a debit transfer from Participant’s bank cannot be made. In the event of an EFT or credit card charge that is not honored by the participant’s bank for any reason, a service charge will be imposed on the participant. The amount of the service charge will be the standard fee then in effect, which is subject to modification by MATMAC Financial Group, LLC from time to time in its sole discretion. The Participant acknowledges that, in the event a debit transfer is unsuccessful for the reasons stated above, any payments on the Participant’s behalf to any institution will not be made until Participant satisfies the unsuccessful debit plus all related fees. Should MATMAC Financial Group, LLC choose to terminate this Agreement due to occurrence of unsuccessful debit transfer, the Participant will forfeit any right to a refund of any fees paid to date, without release of obligation on monies still owing to MATMAC Financial Group, LLC, or its custodian.
I/we have read, and agree to, the terms and conditions as stated above.

I agree to all their terms and I authorize the instructions in this application. I agree to indemnify and hold harmless MATMAC Financial Group, LLC; any of its affiliates or managed funds managed by such affiliates; and each of their respective directors; trustees; officers; employees; and agents for any losses, expenses, costs or liability (including attorney fees) that may be incurred in connection with these instructions or the exercise of the telephone or website purchase, exchange and/or redemption privileges or arising from such instructions once the telephone and website exchange and/or redemption privileges have been established. I understand that exchanges between funds may be taxable transactions. I authorize MATMAC Financial Group, LLC to have access to my account and to act on my behalf with respect to my account.
If I have requested ACH privileges, I authorize MATMAC Financial Group, LLC, upon request via phone, fax, or any other means utilizing telecommunications, including wireless or any other type of communication lines by authorized persons with appropriate account information, to 1) redeem funds from this account and deposit the proceeds into the bank account identified on this application; and/or 2) secure payments from the bank account into this account. I authorize the bank to accept any such credit or debit to my account without responsibility for its correctness. 3) I understand that upon beginning participation in the Public Employees Fund that I may not withdraw any money until the completion of 1 full calendar year from the initial date that this agreement was signed. If I have designated a TOD beneficiary(ies), I acknowledge that this account is being established under the Uniform Transfer on Death Security Registration Act (“TOD Act”) of the state of residence indicated or, if my state of residence has not adopted the Uniform TOD Act, I understand that this account will be established under the Mississippi TOD Act. Furthermore, I acknowledge that, upon my death, should there be a conflict with applicable state law, the account will be administered in accordance with the terms of this document. I understand that to comply with federal regulations, information provided on this application will be used to verify my identity. For example, my identity may be verified through the use of a database maintained by a third party. If MATMAC Financial Group, LLC is unable to verify my identity, I understand it may need to take action, possibly including closing my account and redeeming the account at the current value minus expenses, and that such action may have tax consequences. Should this application be signed electronically, I acknowledge and agree that MATMAC Financial Group, LLC has provided prior approval for the electronic signature and that such electronic signature is valid evidence of my consent to be legally bound by this application and such subsequent terms as may govern this application. The electronically stored copy of this application is considered to be the true, complete, valid, authentic and enforceable record of the application, admissible in judicial or administrative proceedings to the same extent as if the documents and records were originally generated and maintained in printed form. I agree not to contest the admissibility or enforceability of the electronically stored copy of this application.

I certify, under penalties of perjury, that: 1. The Social Security or taxpayer identification number shown in Section 2 is correct. 2. The IRS has never notified me that I am subject to backup withholding or has notified me that I am no longer subject to such backup withholding. 3. I am a U.S. citizen or a legal U.S. resident; and
4. The entity is exempt from FATCA reporting (if applicable). 5. I understand that there are no monthly fees associated with participation in the Public Employees Fund, and that my account will incur an expense of 15% of any profits added to my account monthly by the 3rd party service provider only if a profit is earned for the Public Employees Fund. 6. I have carefully considered whether my financial condition permits me to participate in a commodity interest trading pool. I am aware that my participation can lead to expeditious losses as well as gains. Such trading losses or gains can sharply reduce or increase the net asset value of the fund, and consequently my interest in the participating fund. In addition, certain restrictions may affect my ability to withdraw my participation in the fund. 7. I understand that I am responsible for the taxes that will be paid on any gains, and must signed a W-9 upon withdrawal of any monies from the Public Employees Fund. The Participant agrees that any monies owed to MATMAC Financial Group, LLC, or its custodian, shall be subject to any additional charges and costs incurred by MATMAC Financial Group, LLC, or its custodian, through collection procedures, legal fees, and court costs. In the event that the parties must litigate disagreements arising from this contract, the parties hereto agree to conduct any such litigation under the laws of the State of Mississippi, and that venue for such proceedings shall be only in the County of Madison, State of Mississippi. The Participant agrees that any late fees, adverse credit reports to any credit reporting agency, loss of coverage, or loss of interest/gain on any capital accumulation account due to inaccessible or insufficient funds in the Participant’s account are the sole responsibility of the Participant. The Participant agrees that MATMAC Financial Group, LLC, the custodian, and all recipients of directed payments shall not be liable for any loss occasioned by inadvertent delay or error in remitting monies to the institution or designated account, nor shall such companies bear any responsibility for any security transactions effectuated on behalf of the Participant by a third party.

IT IS THE PARTICIPANT’S RESPONSIBILITY TO NOTIFY MATMAC FINANCIAL GROUP, LLC IN WRITING THIRTY (30) DAYS PRIOR TO THEIR NEXT PAYMENT OF ANY CHANGE OF ADDRESS, BANK ACCOUNT NUMBER, CHANGE OF BANK, PAYMENT AMOUNT, OR PAYMENT METHOD. FAILURE TO DO SO MAY RESULT IN A TERMINATION OF YOUR PARTICIPATION IN THE PUBLIC EMPLOYEES FUND.

If any one or more of the provisions and/or conditions contained in this Agreement shall be held invalid, illegal, or unenforceable in any respect, such invalidity, illegality, or unenforceability shall not effect any other provision of this Agreement. This is the parties’ entire agreement as pertains to this Service Agreement, superseding all previous oral or written agreements, representations, or express or implied warranties.