Common use of RELATIONSHIP BETWEEN THE COMPANY AND THE CLIENT Clause in Contracts

RELATIONSHIP BETWEEN THE COMPANY AND THE CLIENT. 20.1 The Company reserves the right to use, employ or appoint third qualified and duly trained persons for the purpose of mediating in the execution of orders and the conclusion of transactions for the Client. 20.2 The Company declares that it takes all necessary measures, where possible, in order to anticipate or solve any conflicts of interest between, on the one hand itself and its associated persons and Clients and on the other hand, between its Clients. However, the Company draws the Client’s attention to the following possibilities of a conflict of interest: i. The Company and/or any associated Company and/or any Company which is a member of the group of companies to which the Company belongs to, might: (a) Enter itself into an agreement with the Client in order to execute his/her Order; (b) Be an issuer of the Financial Instruments in which the Client wishes to conclude a transaction; (c) Act on its behalf and/or for another Client as purchaser and/or seller and may have an interest in the Financial Instruments of the issuer in which the Client wishes to conclude a transaction; (d) Act as an Agent, and/or have any trading or other relationship with any issuer; (e) Pay a fee to third persons who either recommended the Client to the Company or who mediated in any way so that the Client’s Orders are forwarded to the Company for execution. ii. The Company may execute different orders (even contrary to one another) on behalf of different Clients. 20.3 The relationship between the Company and the Client is Client-Provider relationship. There will be no employer-employee and/or partnership relationship between the Company and the Client. The Client understands and agrees that the Company profits from the trading expenses cleared from the Client’s Deposit by the Company. The Client will only be entitled to receive his Deposit or Client’s Equity back from the Company, according to the terms and provisions of this Agreement. 20.4 As stated above, the Client has read and accepted the CONFLICTS OF INTEREST POLICY the Company has adopted as this policy is mentioned in detail in the Company’s main website, public and available to all Clients.