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2024-08-14 CC Packet
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2024-08-14 CC Packet
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4.PRICES AND PAYMENT <br />4.1 Prices. Client shall pay Arete for Services pursuant to the prices and other related <br />terms set forth in each executed SOW. Except for invoiced payments that the Client has <br />successfully disputed, all late payments shall bear interest of 1% per month after the payment due <br />date. The Client shall also reimburse Arete for all reasonable costs incurred in collecting any late <br />payments, including, without limitation, attorneysÓ fees. <br />5.RELATIONSHIP BETWEEN PARTIES; NO RECOMMENDATIONS <br />5.1 Independent Contractor. The relationship between the Parties shall only be that of <br />independent contractors. No Party shall have any right or authority to assume or create any <br />obligations or to make any representations or warranties on behalf of any other Party, whether <br />express or implied, or to bind the other Parties in any respect whatsoever. Personnel assigned by <br />Performing Party to perform Services hereunder shall at all times remain employees of Performing <br />Party and not employees of Client or Counsel. <br />5.2 No Partnership or Agency. The Parties hereto have not created a partnershipand <br />nothing contained in this Agreement or executed SOW shall be deemed or construed as creating a <br />joint venture or partnership between the Parties, nor create any fiduciary relationship between them <br />for any purpose whatsoever. Each Party agrees that it does not have, nor shall it hold itself out as <br />having, any right, power, or authority to create any contract obligation, express or implied, on <br />behalf of, in the name of, or binding upon the other and agrees not to undertake any action which <br />would tend to mislead anyone in this regard. Nothing herein shall be construed as providing for <br />the sharing of profits or losses arising out of the efforts of any Party. <br />5.3 Privileges. The communication of Arete and the Services performed by Arete will <br />be protected, to the fullest extent legally possible, by the attorney-work-product and attorney-client <br />communication privileges. The purpose of the Agreement and the Services performed hereunder <br />is to enable Counsel to render legal advice to Client in anticipation of litigation or in connection <br />with an internal compliance investigation. Accordingly, AreteÓs communications with Client and <br />Counsel, AreteÓs work product, and all information and data received from Client or Counsel are <br />covered by attorney-client privilege and/or attorney work product doctrine and shall be treated and <br />regarded as Confidential Information and subject to the confidentiality requirements of Section 14. <br />Arete agrees to work under the direct supervision, instruction and direction of Counsel. <br /> /ƚƓŅźķĻƓƷźğƌLƓŅƚƩƒğƷźƚƓ <br />tğŭĻЌ <br />www.areteir.com <br /> <br />
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