LIMITATIONS ON SERVICES definition
LIMITATIONS ON SERVICES. The parties recognize that certain responsibilities and obligations are imposed by federal and state securities laws and by applicable rules and regulations of stock exchanges, National Association of Securities Dealers, in-house "due diligence" or "compliance" departments of brokerage houses, etc. Accordingly, CONSULTANT agrees:
(a) CONSULTANT shall NOT release any financial or other information or data about the COMPANY without the consent and approval of the COMPANY (signatures on press releases are necessary).
(b) CONSULTANT shall NOT conduct any meetings with financial analysts without informing the COMPANY in advance of the proposed meeting and format or agenda of such meeting, and the COMPANY may elect to have a representative of the COMPANY attend such meeting.
(c) CONSULTANT shall NOT release any information or data about the COMPANY to any selected or limited person(s), entity or group if CONSULTANT is aware that such information or data has not been generally released or promulgated.
(d) After notice by the COMPANY of filing for a proposed public offering of securities of the COMPANY and during any period of restriction on publicity CONSULTANT shall not engage in any public relations efforts, not in the normal course without approval of counsel for the COMPANY and of counsel for the underwriter(s), if any.
LIMITATIONS ON SERVICES. The parties recognize that certain responsibilities and obligations are imposed by Federal and State Securities Laws and by the applicable rules and regulations of Stock Exchanges, The National Association of Securities Dealers, in-house "due diligence" or "compliance" departments of brokerage houses, etc. Accordingly, Consultant agrees:
LIMITATIONS ON SERVICES. The parties recognize that certain responsibilities and obligations are imposed by both U.S. and foreign securities laws as well as by the applicable rules and regulations of the NASD, in-house "due diligence" or "compliance departments of brokerage houses, etc. Accordingly, Consultant agrees:
(A) Consultant shall not release any financial or other information or data about the Company without the consent of the Company.
(B) Consultant shall not conduct any meetings with shareholders without informing the Company in advance of the proposed meeting and the format or agenda of such meeting giving the Company the option to have a representative present at such meeting.
(C) Consultant shall not release any information or data about the Company to any selected or limited person(s), entity, or group.
(D) Consultant shall not take any action or advise or knowingly permit the Company to take action, which would violate any securities, laws or rules and regulations issued thereunder.
More Definitions of LIMITATIONS ON SERVICES
LIMITATIONS ON SERVICES. The parties recognize that certain responsibilities and obligations are imposed by Federal and State Securities Laws and by the applicable rules and regulations of Stock Exchanges, The National Association of Securities Dealers, in-house "due diligence" or "compliance" departments of brokerage houses, etc. Accordingly, Consultant agrees:
(a) Consultant shall not communicate with any potential source before receiving approval from the Company.
(b) Company acknowledges that the Consultant does not hold any professional licenses, including any NASD license to serve as a broker-dealer; accordingly, the Consultant shall not act as a broker-dealer, and will not solicit the purchase of the Company's equity securities from potential investors. All of Consultant's services rendered pursuant to the terms of this Agreement shall be performed in full compliance with all applicable federal and state securities laws, rules and regulations.
(c) Consultant shall not render any legal advice or perform accounting services and is not acting as an investment advisor within the meaning of the applicable state and federal Securities Laws, rules and regulations.
(d) Consultant's services shall not be exclusive nor shall Consultant be required to render any specific number of hours or assign specific personnel to the Company or it's projects.
(e) Consultant makes no promise that it will be successful in introducing the Company to potential source for any merger or acquisition.
(f) Consultant hereby acknowledges that it is not an agent or employee of the Company and agrees to indemnify the Company from and against any liability of any nature whatsoever arising out of or in connection with Consultant's gross negligence or intentional action omitted or taken in connection with this Agreement.
LIMITATIONS ON SERVICES. The parties recognize that certain responsibilities and obligations are imposed by Federal and State Securities Laws and by the applicable rules and regulations of Stock Exchanges, the National Association of Securities Dealers, in-house "due diligence" or "compliance" departments of brokerage houses, etc. Accordingly, Consultant agrees:
(a) Consultant shall not conduct any meetings with Financial Analysts without informing the Company in advance of the proposed meeting and the format or agenda of such meeting.
(b) Consultant does not hold any professional licenses. Consultant is not acting as a broker-dealer, and will not solicit the purchase of stock from individual investors. All promotion of stock will be performed within the boundaries set forth under the Securities and Exchange Act of 1934.
(c) Consultant does not render any legal advice or perform accounting services and is not acting as an investment advisor within the meaning of the applicable State and Federal Securities Laws.
(d) Consultant's services shall not be exclusive nor shall Consultant be required to render any specific number of hours or assign personnel to the Company or its projects.
(e) Consultant will use its best efforts and does not promise results of funding.
LIMITATIONS ON SERVICES. The parties recognize that certain responsibilities and obligations are imposed by Federal and State Securities Laws and by the applicable rules and regulations of Stock Exchanges, The National Association of Securities Dealers, in-house "due diligence" or "compliance" departments of brokerage houses, etc. Accordingly, Consultant agrees:
(a) Company acknowledges that the Consultant does not hold any professional licenses, including any NASD license to serve as a broker-dealer; accordingly, the Consultant shall not act as a broker-dealer, and will not solicit the purchase of the Company's equity securities from potential investors. All of Consultant's services rendered pursuant to the terms of this Agreement shall be performed in full compliance with all applicable federal and state securities laws, rules and regulations.
(b) Consultant shall not render any legal advice or perform accounting services and is not acting as an investment advisor within the meaning of the applicable state and federal Securities Laws, rules and regulations.
(c) Consultant's services shall not be exclusive nor shall Consultant be required to render any specific number of hours or assign specific personnel to the Company or it's projects.
(d) Consultant makes no promise that he will be successful in introducing the Company to potential investors.