PLEASE READ CAREFULLY
I acknowledge having (i) received the BMO Investments Inc. Terms and Conditions (the "Terms and Conditions") and (ii) read, understood and agreed to all applicable Terms and Conditions. I confirm that all information I have provided to BMO Investments Inc. is true and accurate.
To: BMO Trust Company (the "Trustee"):
I hereby request that the Trustee make an application for my BMO Mutual Funds Group Retirement Savings Plan (the Group "RSP") to be registered as a Group RRSP under section 146 of the Income Tax Act (Canada). I have read and agree to be bound by the Terms and Conditions of the Group RSP and any applicable locked in addendum. I am aware that payments received under the Group RSP may be subject to tax under applicable legislation. I agree that I am responsible for not exceeding my contribution limits set in accordance with the Income Tax Act ("over payment"). BMO Investments Inc. and its affiliates, such as Bank of Montreal, will have no liability or responsibility for any fines, penalties or loss of interest or income associated with any overpayments. I will indemnify BMO Investments Inc. for any fines or penalties assessed against it as a result of any overpayments to my account.
I acknowledge receipt of the Fund Facts for the BMO Mutual Fund(s) to which my investment is directed.
If you redeem or switch out of units of a mutual fund within a specified number of days after purchasing them, the fund may charge you a short-term trading penalty which may reduce the amount otherwise payable to you on the redemption or switch. Short-term trading penalties, if applied, vary from fund to fund and may be a percentage of the amount redeemed or switched or may be a flat fee. Please consult the Fund Facts of the fund you wish to redeem or switch to determine if a short-term trading fee may apply to your transaction and the potential amount of the fee.
If you sell another type of investment product that you hold with us in that product's secondary market (if available) within a specified number of days after it was issued to you, an early trading charge may be deducted from the proceeds of the sale and may be a percentage of the amount you paid for that investment product. Please consult the offering documents of the investment product you wish to sell to determine if an early trading charge may apply to your transaction and the potential amount of that charge.
You acknowledge that if you become a non-resident of Canada temporarily or permanently, you will notify us of your country of residence and of any changes in your eligibility for tax treaty benefits. You also acknowledge that, in providing services under this agreement, BMO Investments Inc. is relying on the information you provide, as subsequently amended or supplemented.
The following clause applies to the Province of Quebec only. It is the express wish of the parties that this agreement and any related documents be drawn up and executed in English. Les parties conviennent que la présente convention et tous les documents s'y rattachant soient rédigés et signés en anglais.
If I have elected to receive eStatements/eConfirmations, I hereby consent to the electronic delivery of BMO Investments Inc. account statements and trade confirmations (the "Documents") related to my investment account(s) by delivery of such Documents to my BMO Online Banking profile and I acknowledge and understand that the Documents will not be sent to me by mail, email or any other method of delivery. I acknowledge that I am solely responsible for retrieving and viewing the Documents. I am responsible for keeping my BMO Online Banking profile up-to-date and accurate and for informing BMO Investments Inc. of any change in my ability to access BMO Online Banking.
Third Party Interest: I confirm that this account is not to be used by or on behalf of one or more third parties. If it is to be used by or on behalf of one or more third parties, I confirm that I have informed my sales representative and that I have completed a Third Party Determination Form.
Terms & Conditions of the Group RRSP: I (the Employee and the Employee's spouse or common-law partner, if he/she is an Accountholder) acknowledge that, if there is a Plan Booklet for this Group RSP, the terms and conditions as described in the Employer's Plan Booklet are binding on me or us. I agree that eligibility for participation in the Group RSP, contributions to the account and in-service withdrawals and transfers from the account are subject to applicable law and any terms and conditions established by the Employer, whether published in a Plan Booklet or otherwise communicated to me or us.
If there is a Plan Booklet, in-service withdrawals and transfers are governed by the applicable terms and conditions of the Plan Booklet. If there is no Plan Booklet, and in-service withdrawals or transfers are Restricted (as indicated in the box above), the following condition applies:
"As long as the Employee is employed by the Employer, no withdrawal or transfer may be made from the Group RSP account without the prior written consent of the Employer. A copy of the written consent must be given to BMO Mutual Funds at the time the withdrawal or transfer is processed."
Privacy Consent: I (the Employee and the Employee's spouse or common-law partner, if he/she is an Accountholder) consent to the disclosure by BMO Mutual Funds to the Employer, as the plan sponsor, of my personal information for the purpose of administering the Group RSP, including administering payroll deductions, confirming my continued eligibility to participate in the Group RSP, or any other purpose required or permitted by law.
If the Employee's spouse or common-law partner is an Accountholder, he/she consents to the disclosure of the account as a spousal or common-law partner account by BMO Mutual Funds to the Employer, as the plan sponsor, for the purpose of administering the Group RSP as described above, or any other purpose required or permitted by law.
BMO Mutual Funds will not disclose information about the balance of the account or investments held in it to the Employer.
Protecting Your Privacy: You acknowledge that you have read and understood the Privacy Disclosure and Consent provisions stated in the Terms and Conditions. You agree that your personal information may only be shared in accordance with these provisions and our Privacy Code. For complete details on our commitment to privacy, please see Terms and Conditions and our Privacy Code called "BMO Privacy Code" available from your representative or online at
www.bmo.com/privacy.
Nature of the Securities: BMO Mutual Funds are offered by BMO Investments Inc., a financial services firm and separate legal entity from Bank of Montreal. Commissions, trailing commissions, management fees and expenses may be associated with mutual fund investments and the use of an asset allocation service. Please read the Fund Facts before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Mutual fund securities are not insured by a government deposit insurer and are not guaranteed by Bank of Montreal.
[ ] By ticking this box, I confirm that I have read the disclosure on the Nature of the Securities provided above.
Acknowledgement of Disclosure of Charges and Other Compensation: I confirm that I have been informed of and understand the operating fees and transaction charges associated with this account including but not limited to any service charges, administration fees, commissions, performance fees, change fees, management fees, transfer fees, redemption fees or any other charges that may be applicable to this transaction
BMO MUTUAL FUNDS
GROUP RETIREMENT SAVINGS PLAN
DECLARATION OF TRUST
We, BMO TRUST COMPANY, are a trust company incorporated under the laws of Canada. You are the accountholder named in the application (the "
Application") in this declaration.
We will act as your trustee for the BMO Mutual Funds Group Retirement Savings Plan (the "
Plan") on the terms and conditions set out below:
1. REGISTRATION