Common use of Restriction on Advertising Clause in Contracts

Restriction on Advertising. Neither First Clearing nor Broker shall utilize the name of the other in any way without the other’s prior written consent except to disclose the relationship between the parties. Neither party shall employ the other’s name in such a manner as to create the impression that the relationship between them is anything other than that of clearing broker and introducing broker. Broker shall not hold itself out as an agent of First Clearing or as a subsidiary or company controlled directly or indirectly by or affiliated with First Clearing except as provided in this Paragraph.