Customer Precious Metals Transaction Agreement

This Agreement applies specifically to a precious-metals purchase or sale transaction between you and United Reserve Trust. It supplements, and does not replace, our site-wide Terms & Conditions, Risk Disclosure and, where applicable, IRA Disclosure. In a live transaction flow, this Agreement — or the specific sections below relevant to that transaction — is presented for your review and requires your active acknowledgment before a trade is finalized.

1. Dealer Role — Not an Adviser or Fiduciary

United Reserve Trust acts as a principal precious-metals dealer in this transaction. We are not your investment adviser, financial planner, retirement adviser or fiduciary, and we do not undertake any advisory or fiduciary duty by entering into this transaction with you. See Risk Disclosure §4.

2. This Is a Customer-Directed Transaction

You are directing this transaction. You have selected the product(s), quantity and transaction amount. United Reserve Trust has not recommended a specific allocation, product or transaction size to you, and does not determine whether this transaction is suitable for your individual circumstances.

3. Dealer Spread / Margin

The purchase price shown to you includes a dealer spread or margin, which is compensation to United Reserve Trust. Our disclosed maximum spread framework, and the factors that affect it, are set out in full in Risk Disclosure §2 (spreads may range from 2.00% to 34.99% of the quoted retail purchase price). Before you approve this transaction, you will be shown the specific dollar amount and percentage that applies to it.

4. Sales Representative Compensation and Conflicts

The representative assisting you may be compensated in a way that is connected to this transaction, as described in Risk Disclosure §5. This is disclosed to you before the transaction is finalized.

5. Premium Products

If any product in this transaction carries a premium substantially above its underlying metal value, that is disclosed to you, along with the fact that a higher premium does not guarantee greater appreciation, liquidity or resale value. See Risk Disclosure §6.

6. Volatility and No Guarantees

Precious-metals prices are volatile and can fall as well as rise. United Reserve Trust does not guarantee appreciation, a minimum value, or any particular future outcome for this transaction.

7. Buyback — No Guaranteed Future Price

If an indicative same-day buyback price is shown to you as part of this transaction, it is an indication only, reflects conditions at the time it was quoted, and is not a guarantee of any future repurchase price or of repurchase at all. See Risk Disclosure §7.

8. IRA Eligibility (If Applicable)

If this transaction involves a self-directed IRA, IRA eligibility for the specific product(s) purchased is as disclosed to you at the time of transaction, and is subject to the requirements of your IRA custodian and applicable law. United Reserve Trust does not act as your custodian. See our IRA Disclosure.

9. Custodian and Depository Independence

Any custodian or depository referenced in connection with this transaction operates independently of United Reserve Trust under its own agreement with you. United Reserve Trust does not control, and is not responsible for, those third parties' acts, fees or policies.

10. Taxes

You are solely responsible for determining and reporting any tax consequences of this transaction. United Reserve Trust does not provide tax advice.

11. Trade Finality

A transaction becomes binding when you approve a specific quote and we issue a trade confirmation. Once confirmed, the transaction is binding at the confirmed price regardless of subsequent market movement, subject to applicable law and any specific terms stated on the trade confirmation itself.

12. Payment, Delivery and Storage

Payment terms, and delivery or storage options, are as presented to you during the transaction. Delivery timing, insured shipping and storage arrangements are subject to availability and to final confirmation by the applicable provider (carrier, custodian or depository); nothing in this Agreement guarantees a specific delivery timeframe or storage arrangement beyond what a third-party provider separately confirms.

13. Customer Representations

By proceeding with this transaction, you represent that: you are directing this transaction yourself; you have had the opportunity to review the pricing, spread and risk disclosures referenced in this Agreement; and you understand that United Reserve Trust is acting as a dealer, not as your adviser or fiduciary.

14. Electronic Communications and Records

You agree that United Reserve Trust may communicate with you electronically regarding this transaction, and that electronic and/or recorded records of your acknowledgments (including, for telephone transactions, a recorded verbal confirmation) may be kept as the record of your acceptance of this Agreement and the disclosures referenced in it.

15. Dispute Resolution

16. Acknowledgment

In a live transaction flow, before a trade can be finalized, you are asked to affirmatively check each of the following (none pre-checked):

• "I understand that United Reserve Trust is acting as a precious-metals dealer and is not acting as my investment adviser, retirement adviser or fiduciary."
• "I understand the purchase price shown above and the disclosed dealer premium/spread."
• "I understand that the premium paid at purchase may not be recovered upon resale."
• "I understand that the current indicative buyback, if shown, is not a guarantee of any future buyback price."
• "I have selected the product(s) and transaction amount and wish to proceed."

17. Version Control

This Agreement is versioned. The version and effective date you accept at the time of a transaction is the version that governs that transaction, even if this page is later updated.

18. Contact

United Reserve Trust — info@unitedreservetrust.com