safekeeping
Scope of Services: Safekeeping
| Service | Carta responsibilities | Client responsibilities |
| Safekeeping services | Provide vault storage of certificates sent to Carta by Client in Salt Lake City | Provide Carta with all securities to be held for safekeeping, sent to: Carta Attn: Safekeeping 9800 S Monroe St Sandy, UT 84070 |
| Scan and upload scan of certificates onto Carta platform for Client to access | Provide Carta with the related tracking number when sending a certificate by emailing safekeeping@carta.com with that information | |
| Retrieve certificates from vault upon Client request and send to Client via FedEx 2-day shipping within the United States | Provide (and update as necessary) a list of authorized representatives who may request withdrawal of securities and provide to Carta | |
| Maintain accurate record of Client holdings on Carta platform | Provide written instructions to Carta, via an authorized representative, for each security withdrawal request | |
| Support provided to Client via Carta Investor Services Support |
No Custody of Securities. For avoidance of doubt, Carta does not act in the capacity of or provide services as a “qualified custodian” under SEC Rule 206(4)-2 under the Investment Advisers Act of 1940. Carta will not accept, or be responsible for, custody of any securities of Client. If Carta inadvertently receives any such securities, Carta will promptly return them to Client, at Client’s cost. If necessary, Client will be solely responsible for depositing its securities with a qualified custodian in an acceptable control location and for paying all related costs.
No Safekeeping of Monetary Instruments. Client should not for any purpose cause or seek to cause any cash or other monetary instruments to be delivered to Carta. Any cash or monetary instruments that are inadvertently received by Carta will be promptly delivered or returned, as the case may be, to Client.
No Valuation or Authentication. Carta is not responsible for the valuations of the securities, and Carta will not provide valuations for or authenticate securities. Carta will not be responsible for (i) the collection of income, interest or any other payments which may be due or payable with respect to the securities, or (ii) forwarding mail or other communications it receives in regard to the securities. Carta will not re-register the securities in its name as agent or in any manner.