FEE SCHEDULE DISCLOSURE
COMMISSIONS


The commission to be charged in connection with the purchase of each commodity option shall be no more than one hundred ninety-five dollars ($195.00). Commodity option clients will realize a profit only if the option is sold or exercised at a time when the premium received at the time of sale, or upon exercise, will exceed the premium paid plus commission and fees.

The commission and fees payable to Trendex Commodity Corporation ("Trendex") thereunder has been arbitrarily determined. The commissions and fees for similar services vary within the futures industry and the commissions and fees payable to Trendex may exceed commissions and fees that Trendex charges to other clients.


OTHER FEES

In addition to the commission described above, clearing charges and National Futures Association fees totaling five dollars ($5.06) are charged on each option and future purchased for your account, and will be collected by the Futures Commission Merchant on the date of the transaction. In addition, a fee of forty dollars ($40.00) is charged to the client upon opening each position. This fee defrays Trendex brokerage costs incurred in clearing and processing each option or future transaction, plus postage and courier service. To the extent that it can be determined that actual costs incurred in any particular account do not equal forty dollars ($40.00) on any given transaction, (i.e., opening and closing each position), this charge must be viewed as an additional commission.

DEEP-OUT-OF-THE-MONEY OPTIONS

A person contemplating purchasing a deep-out-of-the-money option (that is, a call with a strike price significantly above, or a put option with a strike price significantly below the current price of the underlying futures contract) should be aware that the chance of such an option becoming profitable is ordinarily remote. On the other hand, a potential grantor of a deep-out-of-the-money option should be aware that such options normally provide small premiums while exposing the grantor to all the potential losses described in the Options on Futures Risk Disclosure Statement.

FUTURES RIDER

Trendex's round turn commission rate per contract on futures will be one hundred twenty five ($125.00).

ACKNOWLEDGEMENT


I hereby acknowledge that I have received the "Options on Futures Risk Disclosure Statement" and the Trendex Commodity Corporation Fee Schedule Disclosure. I have read these documents carefully and understand the concepts of trading options on futures contracts and the disclosures contained in these documents.

Customer Signature: ________________________________

Print Name: ____________________________________ Date:_______________________________

Customer Signature: ________________________________

Print Name: ____________________________________ Date:_______________________________


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