Contracts and Agreements Concluded Without prejudice to Article (1- 4) of Module Eight (Conduct of Business), each agreement concluded with a Client shall include in particular: 1. The procedures that need to be followed for record keeping which include distinguishing between the Client’s Assets and Funds, and the ones held for any other Client or for the Licensed Person, and the means of ensuring that each Client’s Assets and Funds are recorded in a separate account in the name of the Client, as well as the means of specifying the keeping entity and the value and the ownership of the Client’s assets at all times. 2. State the reports to be provided to the Client, including their frequency and method of presentation. 3. State the method of delivery of reports, notifications and notices whether written to be delivered by courier or mail, or through fax or E-mail or any other modern communication mechanism. 4. Mechanism of receiving the Client’s orders and their execution, and specifying whether this shall be done in writing or via recorded phone calls or E-mail or any other modern communication mechanism. 5. Rights and obligations of every Client. 6. State whether the parties agree to the option of Arbitration in accordance with the arbitration Rules of the Authority in the event of any dispute arising concerning the contract. 7. A statement that the Licensed Person and the Client shall abide by laws and regulations, especially the Law and these Bylaws.