Status as an Independent Contractor. The Company and the Member acknowledge and agree that the Member shall be acting and shall act at all times as an independent contractor only and not as an employee, agent, partner or joint venturer of or with the Company or any entity for which the Company provides services. The Member acknowledges that he is solely responsible for the payment of all Federal, state, local and foreign taxes that are required by applicable laws or regulations to be paid with respect to the Advisory Fees payable hereunder.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (SCBT Financial Corp), Agreement and Plan of Merger (Savannah Bancorp Inc), Agreement and Plan of Merger (SCBT Financial Corp)
Status as an Independent Contractor. The Company and the Member acknowledge and agree that the Member shall be acting and shall act at all times as an independent contractor only and not as an employee, agent, partner or joint venturer of or with the Company or any entity for which the Company provides services. The Member acknowledges that he is solely responsible for the payment of all Federal, state, local and foreign taxes that are required by applicable laws or regulations to be paid with respect to hereunder (including, without limitation, the Advisory Fees payable hereunderFees).
Appears in 1 contract
Samples: Agreement and Plan of Merger (Southeastern Bank Financial CORP)
