Common use of Appointment of Clause in Contracts

Appointment of. REPRESENTATIVE FUTURES INVESTMENT hereby appoints Representative to act as Sales Representative in connection with the sales of registered and unregistered securities. At all times you shall act as an independent contractor, nothing contained in this agreement shall be construed to create the relationship of employer and employee between you and us. Representative agrees not to hold himself out as Officer, Director or employee of FUTURES INVESTMENT. Subject to the terms conditions contained herein, in your capacity as an independent contractor you shall represent us in soliciting application for the purchase of securities of any investment company or other issuer for which we act as dealer or underwriter, and you shall be free to exercise your own judgment as to the persons whom you will solicit and the time, place and manner of solicitation. You shall pay your expenses in connection with your business as a Sales Representative hereunder. II.