Acknowledgment by RI Advice Group Clause Samples

Acknowledgment by RI Advice Group. RI Advice Group, whilst having the legal right to provide the Financial Services to Clients through the Representative and to receive Fees/Commissions as a result of the provision of the Financial Services to Clients, agrees and acknowledges that: (a) during the term of this Agreement, the Representative has a material interest in the Client relationship; (b) on termination of this Agreement, but subject to this clause 9, as between the Representative and RI Advice Group, the Representative has all rights in connection with: (i) providing Financial Services to the Transferring Clients; and (ii) the goodwill associated with the Representative’s list of Transferring Clients; (c) on termination of this Agreement, the right to receive fees and commissions will be dealt with in accordance with this clause 9; (d) pending termination of this Agreement RI Advice Group will do all reasonable things in its power to ensure that all fees, commissions and other remuneration that are referrable to Transferring Clients and that are payable in respect of the period after termination of this Agreement will be paid to the New Licensee, including signing and delivering any document to any Issuer necessary to effect the redirection of fees, commissions and other remuneration in respect of Transferring Clients; (e) after termination of this Agreement, but subject to this clause 9, RI Advice Group will facilitate the provision of Financial Services to Transferring Clients by the New Licensee in accordance with clauses 9.7 and 9.13.