Morgan Stanley Private Bank, National Association Rate and Fee Schedule

• Please visit etrade.com/ratesheet for information regarding this account's current interest rate and corresponding APY.
• Your interest rate and APY may change at any time.

• Interest is compounded daily.
• Interest will compound from the date of deposit to the last full day before the date of withdrawal.
• Interest will be credited to your account on a monthly basis.
• If you close your account before interest is credited, you will receive the accrued interest through the last full day prior to the account closure.

• There is no minimum balance requirement.

• Please visit etrade.com/ratesheet for information regarding this account's current interest rate and corresponding APY.
• Your interest rate and APY may change at any time and fees may reduce earnings.

• Interest is compounded daily.
• Interest will compound from the date of deposit to the last full day before the date of withdrawal.
• Interest will be credited to your account on a monthly basis.
• If you close your account before interest is credited, you will receive the accrued interest through the last full day prior to the account closure.

To waive the $15 monthly account fee, the account holder must maintain an average monthly balance* of at least $5,000 in the account on or after the end of the second calendar month from opening the account.

* The average balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in that period.

• Please visit etrade.com/ratesheet for information regarding this account's current interest rate and corresponding APY.
• Your interest rate and APY may change at any time.

• Interest is compounded daily.
• Interest will compound from the date of deposit to the last full day before the date of withdrawal.
• Interest will be credited to your account on a monthly basis.
• If you close your account before interest is credited, you will receive the accrued interest through the last full day prior to the account closure.

• CD interest rates are fixed from the start of the term until their maturity date.

• CD offerings can change on a daily basis.
• The interest rates for new accounts are locked in for the entire term of the CD starting on the Settlement Date.
• Settlement Date is when funds are received and posted to your account according to our Funds Availability policy, found in section 3 of the Morgan Stanley Private Bank Deposit Account Agreement.
• The interest rate on the Settlement Date can be higher or lower than the interest rate that was available at the time of account opening.
• If your Settlement Date is within 10 calendar days of the account opening, the applied interest rate will be the highest of the prevailing interest rate on the date of account opening or the date of Settlement.
• The APY is based on no withdrawal of credited interest and no redemption prior to the stated maturity date.
• A withdrawal will reduce earnings. See the CD Rate Table page on the E*TRADE website for information on term lengths, current interest rates and corresponding APYs.

• Interest is compounded daily.
• Interest will compound from the Settlement Date until the last full day before the date of withdrawal using the daily balance method.
• Accrued interest posts to your account on a quarterly basis, unless you select at account opening to receive interest via check.

• Maturity is determined based on the Settlement Date and the term selected.

• Deposits Transaction Limits: You may make a one-time deposit, via ACH, wire, or check, to fund the account within 30 calendar days of opening the account. Deposits after this window are not permitted at any time.
• Unless otherwise provided, partial withdrawals and additional deposits are not permitted.
• Interest earned on the account can be paid out via check, if you chose that option at opening, otherwise you may not withdraw interest prior to maturity. A withdrawal of interest will reduce earnings.
• Withdrawals: You may make a full withdrawal, without penalty, during the grace period in the 7 calendar days immediately following maturity. If you choose to make a withdrawal before maturity, or after the 7-day grace period has ended, an Early Withdrawal penalty will be assessed (refer to “Early Withdrawal penalties” section for more detail). Partial withdrawals are not permitted at any time.

• CD customers agree to keep funds on deposit for a fixed period of time. Unless otherwise provided, withdrawals outside of the grace period are not permitted. If we permit an early withdrawal from a CD, we will impose an early withdrawal penalty equals to certain number of days of simple interest determined based on the term of the CD as follows:

• Simple interest is calculated on the total principal amount (partial withdrawals are not allowed) using the interest rate of your current CD, based on 365 days or 366 if the withdrawal happens in a leap year. If the penalty amount exceeds the accrued interest, the principal is also subjected to penalty.
• We may elect not to impose a penalty for a withdrawal of principal following the death or adjudication of incompetence of any account owner if the account was opened before such adjudication and not extended or renewed after that date.
• Please contact Customer Service at 800-387-2331 if you need to make an early withdrawal or if you have questions regarding waiving the penalty (which can be done only in case of the death or adjudication of incompetence of any account owner).

• Please visit etrade.com/ratesheet for information regarding this account's current interest rate and corresponding APY.
• Your interest rate and APY may change at any time.

• Interest is compounded daily.
• Interest will compound from the date of deposit to the last full day before the date of withdrawal.
• Interest will be credited to your account on a monthly basis.
• If you close your account before interest is credited, you will receive the accrued interest through the last full day prior to the account closure.

• There is no minimum balance requirement.

• Please visit etrade.com/ratesheet for information regarding this account's current interest rate and corresponding APY.
• Your interest rate and APY may change at any time.

• Interest is compounded daily.
• Interest will compound from the date of deposit to the last full day before the date of withdrawal.
• Interest will be credited to your account on a monthly basis.
• If you close your account before interest is credited, you will receive the accrued interest through the last full day prior to the account closure.

To waive the $10 monthly account fee, the account holder must meet one of the following conditions:

1. maintain an average monthly balance* of at least $1,000 in the account on or after the end of the second statement cycle, or
2. maintain an average monthly balance of at least $1,000 in linked Morgan Stanley Private Bank, National Association accounts on or after the end of the second statement cycle, or
3. have a combined balance of $50,000 or more in linked E*TRADE from Morgan Stanley accounts (held at Morgan Stanley Smith Barney LLC), and employee stock plan accounts (including vested in-the-money options, stock option plan shares, ESPP shares, and released restricted stock) on the date the monthly fee is charged, or
4. have executed at least 30 stock or options trades during the prior calendar quarter in linked E*TRADE from Morgan Stanley accounts.

* The average balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in that period.

• Please visit etrade.com/ratesheet for information regarding this account's current interest rate and corresponding APY.
• Your interest rate and APY may change at any time and fees may reduce earnings.

• Interest is compounded daily.
• Interest will compound from the date of deposit to the last full day before the date of withdrawal.
• Interest will be credited to your account on a monthly basis.
• If you close your account before interest is credited, you will receive the accrued interest through the last full day prior to the account closure.

To waive the $10 monthly account fee, the account holder must meet one of the following conditions:

1. maintain an average monthly balance* of at least $1,000 in the account on or after the end of the second statement cycle, or 
2. maintain an average monthly balance of at least $1,000 in linked Morgan Stanley Private Bank, National Association accounts on or after the end of the second statement cycle, or
3. have a combined balance of $50,000 or more in linked E*TRADE from Morgan Stanley accounts (held at Morgan Stanley Smith Barney LLC), and employee stock plan accounts (including vested in-the-money options, stock option plan shares, ESPP shares, and released restricted stock) on the date the monthly fee is charged, or
4. have executed at least 30 stock or options trades during the prior calendar quarter in linked E*TRADE from Morgan Stanley accounts

* The average balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in that period.

• All fixed-rate Legacy CDs have rates that are fixed from the date of deposit until their maturity date.
• The APY is based on no withdrawal of credited interest and no redemption prior to the stated maturity date.

• Interest is compounded daily.
• Interest will compound from the date of deposit until the last full day. before the date of withdrawal using the daily balance method.
• Interest will be credited to your account on a quarterly basis.

• The term for each Legacy CD is specified on the account application.
• The initial maturity date of your account will be based on the minimum initial deposit date and the term you have selected.

• You may only make one deposit into or withdrawal from your account during the one-week grace period immediately following maturity.
• A new maturity date will be calculated from the date of the deposit or withdrawal, as applicable.

• Legacy Certificate of Deposit customers agree to keep funds on deposit for a fixed period of time. Unless otherwise provided, partial withdrawals and additional deposits are not permitted. If we permit an early withdrawal of principal from a Legacy CD, we may impose an early withdrawal penalty. Tax penalties also may apply to premature distributions from IRAs. If we permit a withdrawal of principal before the stated maturity, we may impose a penalty equal to one-half of the interest payable over the term of the Legacy CD whether earned or unearned. The penalty will be assessed based upon the portion of the principal that is withdrawn. We may elect not to impose a penalty for a withdrawal of principal following the death or adjudication of incompetence of any account owner if the account was opened before such adjudication and not extended or renewed after that date.

• Interest earned and credited to the account may be withdrawn with no penalty.
• However, the APY assumes interest will remain on deposit until maturity.
• A withdrawal will reduce earnings.

Coverdraft Protection is available for checking accounts and money market accounts. You must affirmatively enroll an eligible account to receive coverage. If you overdraw your eligible account, we may use our Coverdraft protection service to transfer funds from another one of your bank accounts (where the accounts are held by the same parties and are under the same primary taxpayer identification number) to cover the overdraft. Transfers are at our sole discretion and may be made in $100 increments. A fee may be assessed to your eligible account for each transfer, as noted below. Coverdraft protection does not involve the lending of funds, but rather transfers of available funds between your accounts.

For Checking and Max-Rate Checking accounts, this fee is waived.

Morgan Stanley Private Bank imposes a charge equal to 1% of the transaction amount (including credits and reversals) for non-U.S. currency and foreign transactions.

For Max-Rate Checking accounts, this fee is refunded.

There is a $25 fee for each item we attempt to pay from your account but are unable to process due to insufficient or uncollected funds. Uncollected funds are deposits in your account that are still on hold and are unavailable to pay debits drawn on your account. This fee can be avoided by verifying your available balance prior to making debits from your account and ensuring that all deposit holds have been lifted.

For Checking and Max-Rate Checking accounts, this fee is waived.

There will be a $25 processing fee for deposits made into your Morgan Stanley Private Bank account that are returned due to insufficient funds or stop payment requests.

For Checking and Max-Rate Checking accounts, this fee is waived.

There is a $25 fee for each check or transaction you would like us to stop payment on from your Morgan Stanley Private Bank account.

For Checking and Max-Rate Checking accounts, this fee is waived.

There is a $25 fee to wire funds out of your Morgan Stanley Private Bank account.

For Checking and Max-Rate Checking accounts, this fee is waived for wire transfers placed online.

The E*TRADE Complete^TM Digital Security ID and any additional tokens will be provided at no cost to you.

We, at our sole discretion, may impose a fee for this service in the future or may discontinue the service. To learn more about customer qualifications, please visit etrade.com.