Automatic Investment Plan COMMAND & Investor Accounts Pruco Securities, LLC Member FINRA, SIPC

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1 Automatic Investment Plan COMMAND & Investor Accounts Member FINRA, SIPC ABOUT AUTOMATIC INVESTMENT PLAN Use the Automatic Investment Plan Enrollment form ( Form ) to enroll in or make changes to the Automatic Investment Plan (AIP). AIP allows you to automatically invest money in selected mutual funds twice a month, monthly, or quarterly. Some areas of this Form may be left blank depending on the funding method you choose in section 2. If you are opening a COMMAND or Investor Account at this time, please attach this Form to your account opening materials. To initiate this request: 1. Complete sections 1 through 5 as appropriate. Please print using black ink. 2. Read and sign the authorization in section If you are transferring funds from either a checking or savings account, remember to attach a voided check or a letter on bank stationery indicating the correct ABA routing number and account number and verifying that you will not be exceeding the limit of withdrawals allowed against the account. Note: We cannot obtain the proper information from a savings deposit slip. 4. Have Form signed by all Account owners, including owners of the accounts from which funds will be withdrawn monthly. 5. Mail completed Form to: COMMAND Client Service Center PO Box New Brunswick, NJ For assistance in completing this Form, please contact your Pruco Securities financial professional or call the COMMAND Client Service Center at (800) The Service Center is open Monday through Friday from 8:30 a.m. to 7:00 p.m. Eastern time. Note: Please allow 10 days for AIP to take effect. 1. ACCOUNT INFORMATION Please complete this section with information reflected on your COMMAND or Investor Account statement or the account opening materials being submitted with this request. Account Title represents the name under which your COMMAND or Investor Account was opened. It can be an individual, a trust, or another entity, but it must match the name on your statement/account opening materials exactly. SSN/EIN represents the Social Security number (SSN) or employer identification number (EIN) used for reporting income taxes. 2. FUNDING INFORMATION This section is used to provide information about how the money will be withdrawn. This money will then be used to purchase the mutual fund(s) listed in section 3. AIP instructions: please indicate if you are initiating new AIP instructions or making changes to your existing AIP instructions. Frequency: please check the appropriate box to let us know if you prefer twice a month, monthly, or quarterly purchases. Start Date is the day of the month that the funds will be withdrawn from the funding account. You can select either the 28th of each month or a custom day, which you choose. Please note that if your selected withdrawal date falls on a Saturday, Sunday, or holiday, the withdrawal will be made on the prior business day. End Date: (optional) is used to indicate when you want to terminate your AIP. Direct Method will withdraw funds from the Primary Sweep Option or the cash balance portion of your COMMAND or Investor Account. This is the account you listed in section 1. Page 1 of 2

2 2. FUNDING INFORMATION (CONTINUED) Transfer Method will withdraw funds from either the checking or savings account you indicate. Name of Institution/Bank represents the financial institution from which the funds will be withdrawn. Account Title represents the name or title on the account from which funds will be withdrawn. ABA Routing Number represents the unique number assigned to the client s bank by the American Banking Association. This 9-digit number can be found on the bottom of your check prior to the account number. Account Number represents the unique number assigned to the account from which funds will be withdrawn. Journal Method* will withdraw funds from a COMMAND or Investor Account ( Pruco Account ) other than the account listed in section 1. Indicate the account number in the space provided. This account may belong to someone else. If so, you must get his/her/their signature(s) to authorize the transfer of funds. Account Number represents the COMMAND or Investor Account from which the funds are to be transferred from. *This method cannot be used on Individual Retirement Accounts (IRA). 3. MUTUAL FUND SELECTIONS This section represents how purchases will be made once the funds are deposited in your COMMAND or Investor Account. Mutual Fund Name represents the name of the mutual fund you wish to purchase. It should be taken directly from the fund prospectus. Note: Money market funds cannot be used. Ticker Symbol represents the abbreviation used to identify the Mutual Fund. If you do not know the appropriate Ticker Symbol, please consult your Pruco Securities financial professional. Share Class represents a specific class being offered by the fund issuer and can be found in the fund s prospectus. If the fund s Share Class is other than A, B, C, please write it in the space provided. Dollar Amount represents the whole dollar amount (no cents) you want invested in each fund each period. *Minimum investment requirement is $50 per fund, per month, subject to specific fund minimums unless indicated on this form. All IRA purchases will be processed as current year contributions. Please consult your tax advisor or the IRS Publication 590 for maximum contribution limits. If you are over 50 years of age by the end of the calendar year, you may be able to make additional contributions. Please contact the COMMAND Client Service Center at (800) for assistance. Note: If you are a PruChoice investment advisory program customer and seeking to establish or modify an AIP for that program, then the PruChoice fund selections listed in Section 3 must conform to your PruChoice profile. 4. AUTHORIZATION/SIGNATURE(S) This section contains the legal authorization(s) necessary to process your request. It should be read and signed by the Account owner and Joint owner, if applicable. Account owner/joint owner represents the individual(s) whose names appear on the COMMAND or Investor Account AUTHORIZATION/SIGNATURE(S) LETTER OF AUTHORITY COMPLETE ONLY IF FUNDING ACCOUNT HOLDER IS DIFFERENT FROM ACCOUNT OWNER. This section contains the legal authorization(s) necessary to process the Transfer or Journal methods. It does not apply if you selected the Direct Method in section 2. The Funding Account holder(s), should read this section. If the Funding Account holder(s) is not the same as the COMMAND or Investor Account Owner, he/she/they must sign here as well. Funding Account holder/joint owner represents the individual(s) who can authorize the withdrawal of funds from the Funding Account. Funding Account holder(s) need to sign only when he/she/they are different than the COMMAND or Investor Account Owner. ELECTRONIC FUNDS TRANSFER (EFT) FOR AIP Account owner should read the Electronic Funds Transfer for AIP section of the Automatic Investment Plan Agreement and and keep it for your records. Page 2 of 2

3 Automatic Investment Plan Agreement COMMAND & Investor Accounts Member FINRA, SIPC AUTOMATIC INVESTMENT PLAN AGREEMENT The Account owner, and Joint owner(s) if applicable, signing this Automatic Investment Plan Agreement (hereinafter, Client ) hereby requests that ( Pruco ) establish an Automatic Investment Plan ( AIP ) on Client s behalf. This Agreement sets forth the terms and conditions that govern AIP to be provided to the Client, and Client hereby agrees to abide by all such terms and conditions, as of the date of execution. Automatic Savings Plan. AIP allows Clients to establish regular periodic investments in mutual funds using funds debited from Client s (1) financial institution account via electronic funds transfers, (2) COMMAND or Investor Account directly, or (3) another COMMAND or Investor Account. Clients may select only one of the above named methods as a funding vehicle. Electronic Funds Transfers for AIP. Funding AIP from Client s financial institution account via electronic funds transfer uses the Automated Clearing House system ( ACH ). Client authorizes Pruco, and it s clearing firm s processing bank to initiate transfers of money from Client s financial institution account to Client s COMMAND or Investor Account. Client authorizes Pruco and Client s financial institution(s) ( Client s Bank ) to comply with any instructions regarding fund transfers between Client s COMMAND or Investor Account and Client s Bank. Such instructions may be given by any one Account holder. If for any reason funds are added to Client s COMMAND or Investor Account or are deducted from Client s Bank in error, Client authorizes Pruco and Client s Bank to correct the error. This authority shall remain in effect until Pruco receives notification from Client terminating Client s participation in AIP, in such time and in such manner as to afford Pruco and Client s Bank a reasonable opportunity to act on such notification. Pruco shall have no liability for costs or damages resulting from inaccuracy of information which Client provides to us, or from Client s failure to update any information which Client provided to Pruco. Client agrees that Pruco will not be liable for any loss Client incurs in connection with AIP transfers unless Pruco is grossly negligent in fulfilling its responsibilities under this Agreement. In no event will Pruco be liable for consequential, special or indirect damages or loss. Pruco will undertake to make transfers as provided in this document, but will not be responsible for damages of any nature resulting from delays, failures, omissions or errors relating to such transfers. Client must deliver the accompanying AIP enrollment form, signed by all Account holders and all owners of Client s Bank account, to Pruco at least 10 days in advance of Client s first AIP transaction. Transfers will normally be processed on all days that are business days for both the New York Stock Exchange and the New York Federal Reserve Bank. These transfers are triggered only by the periodic securities purchases pursuant to the AIP, and may take place up to five days prior to the settlement date of such purchases. Client s Bank must be a domestic financial institution capable of processing ACH transactions. At least one of the names on the Account must be identical to, and in the same capacity as, a name on Client s Bank account(s). Notwithstanding the foregoing, for a custodian for minor COMMAND or Investor Account or financial institution accounts, the capacities may be different as long as at least one of the custodian or individual account holder names on the COMMAND or Investor Account is identical to a custodian or individual account holder name on each of Client s Bank accounts. A similar exception applies in the case of a grantor revocable living trust COMMAND or Investor Account or Bank account where the grantor(s), the beneficiary(ies) and at least one of the trustees are the same and the provisions of the trust empower the grantor(s) to freely amend and revoke the trust. In the case of such a COMMAND or Investor Account or financial institution account, the capacities may be different as long as at least one of the beneficiary or individual account holder names on the COMMAND or Investor Account is identical to a beneficiary or individual account holder names on each of Client s Bank accounts. If the COMMAND or Investor Account or any of Client s Bank accounts is any other type of trust account or an estate account, they must have only identical owners, in identical capacities. Page 1 of 4

4 AUTOMATIC INVESTMENT PLAN AGREEMENT (CONTINUED) Funding by Journal Method. Client may fund AIP by transferring assets to Client s COMMAND or Investor Account from another COMMAND or Investor Account ( Journal Method ). Should Client select Journal Method as the funding method for AIP, the Client/funding account holder(s) must sign the Letter of Authority ( LOA ) incorporated in this agreement. By choosing Journal Method, the Client/funding account holder(s) hereby agrees to allow Pruco to debit the dollar amount specified from their COMMAND or Investor Account on a monthly basis for the purpose of purchasing shares of securities pursuant to the AIP. This LOA shall remain in effect until terminated. Direct Method. Client may fund AIP by debiting assets directly from Clients COMMAND or Investor Account ( Direct Method ). Should Client select Direct Method as his/her funding method, Client requests that Pruco debit Client s COMMAND or Investor Account for the purpose of purchasing shares of securities pursuant to the AIP. Debits will be made as of the settlement date of the securities purchase(s). Cash and shares comprising Client's Primary Sweep Option (the money market fund or bank deposit account that your available cash is swept into) will be redeemed at net asset value automatically, to purchase securities. Thereafter, Client s shares in other money market funds or balances in other bank deposit accounts will be redeemed at their net asset value ( NAV ). Purchases without Funding. If Client has insufficient funds to fund AIP, in a cash account, the purchase of the designated securities will not be executed. For margin accounts, clients with sufficient equity may be charged margin interest on the debit balance created. Pruco may impose a fee for any electronic funds transfer that is rejected due to insufficient or unavailable funds in Client s Bank account. Client authorizes Pruco to debit Client s COMMAND or Investor Account for any applicable fees or charges. Special Considerations Any Account holder may give Pruco instructions regarding AIP transactions and all Account holders authorize Pruco to comply with any such instructions. If Pruco receives inconsistent instructions from any Account holder relating to AIP transactions (including instructions regarding cancellation of service or stopping of payment), Pruco may honor any one of the instructions, or decline to honor any inconsistent instructions without written directions from all Account holders and all owners of Client s Bank account. Pruco may, at its discretion, require periodic written reaffirmation of Client s instruction regarding AIP and may terminate this service at any time. Client indemnifies Pruco, its clearing firm, and its officers, employees, agents, successors and assigns, and holds Pruco, its clearing firm, and its officers, employees, agents, successors and assigns harmless against any and all claims or liabilities due to Pruco acting on Client s instructions as provided in this Agreement. This indemnity is unlimited and shall be binding upon Client s heirs, successors and assigns. Client can change or cancel AIP by calling the COMMAND Client Service Center at (800) Termination of Client s Account will result in the cancellation of the Automatic Investment Plan. Pruco may modify AIP (including the arrangements regarding fees and charges set forth herein) at any time without notice. Laws Governing this Document. This document shall in all respects be governed by, and construed in accordance with, the laws of the State of New Jersey (disregarding any conflicts of law rule which might result in the application of the laws of any other jurisdiction), and all matters pertaining to the construction, validity and performance of this document shall be determined in accordance with such laws. The terms and conditions of this document apply to Client, Client s heirs, executors, administrators, successors and assigns. It also inures to the benefit of Pruco s successors and assigns. If any part of this document cannot be enforced, the remaining portion will continue to be in effect. Additional Disclosure and Conditions for IRA Accounts. There is an annual limit on the amount you may contribute to a retirement account. The client is solely responsible for calculating whether he or she has exceeded the limit for each year. Any amounts contributed that exceed the annual limitation need to be withdrawn by April 15 following the year to which contributions relate. Failure to withdraw excess contributions plus applicable earnings by the deadline may result in penalty tax. Please consult your tax advisor or IRS Publication 590 for more information about the contribution limit for your IRA Account. Page 2 of 4

5 Automatic Investment Plan Agreement COMMAND & Investor Accounts Member FINRA, SIPC ED DATE SUB FIRM 09/ BR CODE RR CODE ACCOUNT NUMBER DOC. I.D. 1. ACCOUNT INFORMATION (REQUIRED) Account title SSN or EIN 2. FUNDING INFORMATION AIP Instructions: (Check one.) New AIP Instructions Change existing AIP Instructions Frequency: Twice a month (start date +14 days) Monthly Quarterly Start date / / End date / / (optional) Funding method: (Select one.) Direct. Withdraw funds from this COMMAND or Investor Account. Transfer. Withdraw funds from my Checking account Savings account Name of Institution/Bank Account title Account number ABA number Journal. Withdraw funds from another COMMAND or Investor Account. Note: Not available for IRAs. Account Number ATTACH VOIDED CHECK OR BANK LETTER HERE 3. MUTUAL FUND SELECTIONS Mutual Fund Name (Use the exact fund name. Money market Ticker Share Class (indicate Dollar Amount* funds cannot be used.) Symbol A, B, C or another class) *Minimum investment requirement is $50 per fund, per month, subject to specific fund minimums. Total to be invested: $.00 Securities products and services are offered through, 751 Broad Street, Newark, NJ , a Prudential Financial company. clears its trades through First Clearing, LLC, a wholly owned limited liability company of Wachovia Securities Financial Holdings, LLC, a subsidiary of Wells Fargo & Company. Page 3 of 4 Return this page to Prudential

6 4. AUTHORIZATION/SIGNATURE(S) (REQUIRED) I/we hereby authorize Pruco Securities to initiate automatic periodic monthly purchases of mutual fund shares via the account designated in Section 2 ( Account ) based upon my/our frequency selection in section 2 as part of the Pruco Automatic Investment Plan (AIP). I/we understand that Pruco reserves the right to cancel the AIP at any time if notice is given to the Account owner. I/we request that Pruco, through its clearing firm, debit (a) my COMMAND or Investor Account in order to make these purchases ( Direct ), (b) my outside financial institution account via Electronic Funds Transfer (EFT), or (c) another existing COMMAND or Investor Account. If I have selected EFT as my funding method, I/we acknowledge reading the Electronic Funds Transfers for AIP Section in the Automatic Investment Plan Agreement. Account owner s signature Date Joint owner signature (if any) Date Joint owner signature (if any) Date Joint owner signature (if any) Date Complete only if the Account Holder of the Account the funds are coming from ( Funding Account ) is different from Account Owner. I/we (Funding Account holder(s)) hereby finally and irrevocably release and discharge Pruco of any claims by me or my legal representatives with reference to the foregoing, including the proceeds of the sale or other disposition thereof AUTHORIZATION/SIGNATURE(S) LETTER OF AUTHORITY Funding Account holder signature Date Joint owner signature (if any) Date Joint owner signature (if any) Date Joint owner signature (if any) Date Securities products and services are offered through, 751 Broad Street, Newark, NJ , a Prudential Financial company. clears its trades through First Clearing, LLC, a wholly owned limited liability company of Wachovia Securities Financial Holdings, LLC, a subsidiary of Wells Fargo & Company. Page 4 of 4 Return this page to Prudential