Common use of Management Powers Clause in Contracts

Management Powers. The company shall take over the implementation of the client's instructions in the management of "portfolio" under the instructions issued directly to it from client, either written or registered by phone or by e-mail service and the company's fax or other means as determined by the company according to its investment policies and not in conflict with the rules and instructions of the regulating and controlling entities and in accordance with the codes applied and in accordance with the Jordanian code of dealing with foreign stock exchanges # 1 for 2017 and, the instructions of regulating the financial services companies in dealing with foreign stock exchanges and any amendments and decisions that might occur thereon from time to time, provided that the company shall exert due diligence according to the market circumstances it's dealing with and also according to the investment risks which the client avowed that they had examined them. Furthermore, the client shall confirm that, by signing the current contract, the company shall not guarantee to the client any profits or revenues for such "portfolio", as the powers granted to the company are just for implementing the client's instructions.