Preview Advance Payment Letter

RELEASE FOR ADVANCE PAYMENT

AND ADVANCE DELIVERY

OF PRECIOUS METALS

GTC Rev 2014/09

Printed Name: ________________________________________ IRA Account #: _____________________

AGREED: ________________________________________ Date: _____________________

GoldStar Trust Company

P.O. Box 719

Canyon, TX 79015

(800) 486-6888

This form only needs to be completed and submitted to GoldStar Trust Company once to authorize advance payment and/or advance delivery to your dealer.

This document is in supplement of my IRA Simpliﬁ er Individual Retirement Account Application, the 5305-A Plan Agreement, the Financial Dis-

closure, and the Disclosure Statement, and any amendments or documents related thereto (collectively the “IRA Simpliﬁ er”) which govern the

relationship between GoldStar Trust Company (“GoldStar”) acting solely in its capacity as Custodian over my Self-Directed Individual Retirement

Account (“IRA”) and me as a holder of the IRA. The terms of this letter are subject to all applicable federal and state laws and regulations and

the terms of the IRA Simpliﬁ er.

ADVANCE PAYMENT

Regarding all investment (purchase) transactions directed by me in which my dealer, ___________________________, participates in my

purchase of precious metals to be held in my IRA, I hereby instruct GoldStar to pay my dealer for the metal being purchased before receiving

delivery of the metal. This direction covers all investment (purchase) transactions involving my above-designated dealer until this direction is

revoked in writing. I have exercised sole discretion in choosing my dealer. The amount of compensation to be paid my dealer for its services is a

matter of contract solely between my dealer and me. GoldStar is acting as my agent and not as a ﬁ duciary.

I have independently made this decision because I believe that advance payment to my dealer for precious metals has beneﬁ ts that justify the

risk to my IRA assets. Should my dealer fail, within a time period that is customary in the industry, to deliver the metal purchased, GoldStar will

have no obligation to take any action other than to notify me of the failure. However, should GoldStar take action to secure delivery or a refund,

I agree to promptly reimburse GoldStar for any expenses arising from such action, including but not limited to attorney’s fees and costs and

GoldStar’s reasonable fees and costs.

I acknowledge and agree that if GoldStar fails to receive directions from me or my dealer on my behalf regarding any transaction contemplated

herein or if GoldStar receives ambiguous directions regarding any such transaction, or GoldStar, in good faith, believes that any such transaction

requested is in dispute, GoldStar reserves the right to take no action until further clariﬁ cation acceptable to GoldStar is received from me, my

dealer, or the appropriate government or judicial authority.

I further acknowledge and agree that GoldStar shall not be responsible to me for losses of any kind that may result from the directions to Gold-

Star from me or my dealer or the actions or failures to act by me or my dealer. I furthermore agree to reimburse GoldStar for any loss GoldStar

may incur as a result of such directions, actions or failures to act.

I furthermore agree to indemnify and hold GoldStar, individually and in its capacity as Custodian, harmless for any and all claims, actions,

proceedings, damages, judgments, liabilities, costs and expenses, including attorney’s fees, arising from, or in connection with this direction to

allow advance payment to my dealer for precious metals.

ADVANCE DELIVERY

Regarding all liquidation (sale) transactions directed by me in which my dealer, ___________________________, participates in my sale of

precious metals to be held in my IRA, I hereby instruct GoldStar to deliver the metal designated for sale to my dealer before receiving payment

for the metal. This direction covers all liquidation (sale) transactions involving my above-designated dealer until this direction is revoked in

writing. I have exercised sole discretion in choosing my dealer. The amount of compensation to be paid my dealer for its services is a matter of

contract solely between my dealer and me. GoldStar is acting as my agent and not as a ﬁ duciary.

I have independently made this decision because I believe that advance delivery of metal from my IRA to my dealer has beneﬁ ts that justify the

risk to my IRA assets. Should my dealer fail, within a time period that is customary in the industry, to pay for my metal sold to my dealer, Gold-

Star will have no obligation to take any action other than to notify me of the failure. However, should GoldStar take action to collect payment,