Non-existence of labour relations. 6.1. The Parties confirm hereby that by this Agreement, civil legal relations between the Board Member and the Company are established. This Agreement may not be interpreted as forming any labour relations between the Parties. Respectively, the Board Member may not be considered as an employee of the Company and is not subordinate or responsible to the administration of the Company. According to this Agreement, the Board Member shall act only as the Board Member and assume entire responsibility for the performance of his/her duties as the Board Member and for the proper execution of this Agreement.
Non-existence of labour relations. The Parties confirm hereby that by this Agreement, civil legal relations between the Board Member and the Company are established. This Agreement may not be interpreted as forming any labour relations between the Parties. Respectively, the Board Member may not be considered as an employee of the Company and is not subordinate or responsible to the administration of the Company. According to this Agreement, the Board Member shall act only as the Board Member and assume entire responsibility for the performance of his/her duties as the Board Member and for the proper execution of this Agreement. Additional limitations related to mandatory requirements of legal acts in respect of the separation of electricity transmission activities: The Board Member shall undertake to comply, during the whole period of validity of the Agreement, with the additional limitations related to the separation of electricity transmission activities, including but not limited to: Not to participate in the supervisory and management bodies of a company carrying out electricity production, distribution, supply activities and/or natural gas production, distribution, supply and not to be a member of the administration of such a company; Not to control, either directly or indirectly, an entity carrying out electricity production, distribution, supply activities and/or natural gas production, distribution, supply or not to have any rights in respect of such an entity (the aforementioned rights first of all cover the authorisations to use voting rights, authorisations to appoint members of supervisory bodies, management bodies, and administration, management or disposal of a block of shares granting more than 5 percent of shares and votes in the general meeting of shareholders of the company); When taking decisions, to act at his/her own discretion, independently from the commercial or other interests of any other entities carrying out electricity production, distribution, supply activities and/or natural gas production, distribution, supply activities, or interested parties; According to his/her competence, to take all required measures in order to ensure compliance with the requirements of the applicable legal acts related to the separation of electricity transmission activities. The Board Member also shall undertake not to work himself/herself and shall undertake to ensure that his/her family members shall not hold any position of a supervisory, governing or administrative body on the gr...
