Common use of Negation of Agency Clause in Contracts

Negation of Agency. It is agreed and understood by the parties ------------------- hereto that each of NEWCO and MONSANTO, in its performance of its obligations and responsibilities under this AGREEMENT, is an independent contractor and that nothing herein contained shall be deemed to create an agency, partnership, joint venture or like relationship between the parties. The manner in which each of NEWCO and MONSANTO carries out its performance under this AGREEMENT is within each of NEWCO'S and MONSANTO'S sole discretion and control.