ROLE OF PARTICIPANT. a. Not Acting as Agent The Participant acknowledges and agrees that, for all purposes of this Agreement, the Participant will be deemed to be an independent contractor and shall have no authority in any transaction or in any respect to act as agent of the Trust, the Distributor, or the Transfer Agent. The Participant agrees to make itself and its employees available, upon request, during normal business hours to consult with the Trust, the Distributor, the Transfer Agent, or the Participant’s custodian or their designees concerning the performance of the Participant’s responsibilities under this Agreement.
Appears in 5 contracts
Samples: Authorized Participant Agreement (Fidelity Ethereum Fund), Authorized Participant Agreement (Fidelity Wise Origin Bitcoin Fund), Authorized Participant Agreement (Fidelity Merrimack Street Trust)
ROLE OF PARTICIPANT. a. Not Acting as Agent The Participant acknowledges and agrees that, for all purposes of this Agreement, the Participant will be deemed to be an independent contractor and shall have no authority in any transaction or in any respect to act as agent of the Trust, the Distributor, or the Transfer Agent. The Participant agrees to make itself and its employees available, upon request, during normal business hours to consult with the Trust, the Distributor, the Transfer Agent, or the Participant’s 's custodian or their designees concerning the performance of the Participant’s 's responsibilities under this Agreement.
Appears in 2 contracts
Samples: Authorized Participant Agreement (Fidelity Merrimack Street Trust), Authorized Participant Agreement (Fidelity Covington Trust)
ROLE OF PARTICIPANT. a. Not Acting as Agent The Participant acknowledges and agrees that, that for all purposes of this Agreement, the Participant will be deemed to be an independent contractor contractor, and shall have no authority in any transaction or in any respect to act as agent of the Trust, the Distributor, or the Transfer Agent. The Participant agrees to make itself and its employees available, upon request, during normal business hours to consult with the Trust, the Distributor, the Transfer Agent, or the Participant’s custodian or their designees concerning the performance of the Participant’s responsibilities under this Agreement.
Appears in 1 contract
Samples: Authorized Participant Agreement
