Status as Independent Contractor.
The Each Advisor shall perform
its services the Services as an independent contractor and not as an employee of the Company or affiliate thereof. It is expressly understood and agreed to by the parties that
the no Advisor shall have
no authority to act for, represent or bind the Company or any affiliate thereof in any manner, except as may be expressly agreed to by the Company in writing. In rendering such services, the
Advisor Advisors will be acting solely pursuant to a contractual relationshi
...p on an arm's-length basis. This Agreement is not intended to create a fiduciary relationship between the parties and neither the any Advisor nor any of the such Advisor's officers, directors or personnel will owe any fiduciary duty to the Company or any other person in connection with any of the matters contemplated by this Agreement. 2 8. Potential Conflicts. The Company acknowledges that the Advisor is a Advisors are full-service securities firm firms engaged in securities trading and brokerage activities and providing investment banking and advisory services from which conflicting interests may arise. In Subject to applicable law, in the ordinary course of business, the each Advisor and its affiliates may at any time hold long or short positions, and may trade or otherwise effect transactions, for their its own account or the accounts of customers, in debt or equity securities of the Company, its affiliates or other entities that may be involved in the transactions contemplated hereby. Nothing in this Agreement shall be construed to limit or restrict the any Advisor or any of its affiliates in conducting such business.
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Status as Independent Contractor. The Advisor shall perform
its services the Services as an independent contractor and not as an employee of the Company or affiliate thereof. It is expressly understood and agreed to by the parties that the Advisor shall have no authority to act for,
represent represent, or bind the Company or any affiliate thereof in any manner, except as may be expressly agreed to by the Company in writing. In rendering
such services, the Services, the Advisor will be acting solely pursuant to a contractual rel
...ationship on an arm's-length basis. This Agreement is not intended to create a fiduciary relationship between the parties and neither the Advisor nor any of the Advisor's officers, directors or personnel will owe any fiduciary duty to the Company or any other person in connection with any of the matters contemplated by this Agreement. 2 3 8. Potential Conflicts. The Company acknowledges that the Advisor is a full-service securities firm firms engaged in securities trading and brokerage activities and providing investment banking and advisory services from which conflicting interests may arise. In the ordinary course of business, the Advisor and its affiliates may at any time hold long or short positions, and may trade or otherwise effect transactions, for their own account or the accounts of customers, in debt or equity securities of the Company, its affiliates affiliates, or other entities that may be involved in the transactions contemplated hereby. Additionally, the Advisor regularly enters into agreements similar to this Agreement with other companies. Nothing in this Agreement shall be construed to limit or restrict the Advisor or any of its affiliates in conducting such business.
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Status as Independent Contractor.
The Each Advisor shall perform its services as an independent contractor and not as an employee of the Company or affiliate thereof. It is expressly understood and agreed to by the parties that
the no Advisor shall have
no authority to act for, represent or bind the Company or any affiliate thereof in any manner, except as may be expressly agreed to by the Company in writing. In rendering such services, the
Advisor Advisors will be acting solely pursuant to a contractual relationship on an arm's
...-length basis. This Agreement is not intended to create a fiduciary relationship between the parties and neither the Advisor Advisors nor any of the Advisor's Advisors' officers, directors or personnel will owe any fiduciary duty to the Company or any other person in connection with any of the matters contemplated by this Agreement. 2 3 8. Potential Conflicts. The Company acknowledges that the Advisor is a Advisors are full-service securities firm firms engaged in securities trading and brokerage activities and providing a wide range of investment banking and advisory services from which conflicting interests may arise. Certain affiliates of Moelis are engaged in asset management and other activities for their own account and otherwise. In the ordinary course of business, the each Advisor and its affiliates may at any time hold long or short positions, and may trade or otherwise effect transactions, for their own account or the accounts of customers, in debt or equity securities of the Company, its affiliates or other entities that may be involved in the transactions contemplated hereby. Nothing in this Agreement shall be construed to limit or restrict the any Advisor or any of its affiliates in conducting such business. The Advisors and their affiliates may have interests that differ from the Company's interests. The Advisors and their affiliates have no duty to disclose to the Company, or use for the Company's benefit, any information acquired in the course of providing services to any other party, engaging in any transaction or carrying on any other businesses.
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