Common use of EMPLOYMENT OF THE ADVISOR Clause in Contracts

EMPLOYMENT OF THE ADVISOR. THE CORPORATION HEREBY EMPLOYS THE ADVISOR TO MANAGE THE INVESTMENT AND REINVESTMENT OF THE CORPORATION ASSETS, SUBJECT TO THE CONTROL AND DIRECTION OF THE CORPORATION'S BOARD OF DIRECTORS, FOR THE PERIOD AND ON THE TERMS HEREINAFTER SET FORTH. THE ADVISOR HEREBY ACCEPTS SUCH EMPLOYMENT AND AGREES DURING SUCH PERIOD TO RENDER THE SERVICES AND TO ASSUME THE OBLIGATIONS IN RETURN FOR THE COMPENSATION HEREIN PROVIDED. THE ADVISOR SHALL FOR ALL PURPOSES HEREIN BE DEEMED TO BE AN INDEPENDENT CONTRACTOR AND SHALL, EXCEPT AS EXPRESSLY PROVIDED OR AUTHORIZED (WHETHER HEREIN OR OTHERWISE), HAVE NO AUTHORITY TO ACT FOR OR REPRESENT THE CORPORATION IN ANY WAY OR OTHERWISE BE DEEMED AN AGENT OF THE CORPORATION.

EMPLOYMENT OF THE ADVISOR. THE CORPORATION RIC HEREBY EMPLOYS THE ADVISOR TO MANAGE THE INVESTMENT AND REINVESTMENT OF THE CORPORATION RIC ASSETS, SUBJECT TO THE CONTROL AND DIRECTION OF THE CORPORATIONRIC'S BOARD OF DIRECTORS, FOR THE PERIOD AND ON THE TERMS HEREINAFTER SET FORTH. THE ADVISOR HEREBY ACCEPTS SUCH EMPLOYMENT AND AGREES DURING SUCH PERIOD TO RENDER THE SERVICES AND TO ASSUME THE OBLIGATIONS IN RETURN FOR THE COMPENSATION HEREIN PROVIDEDPROVIDED HEREIN. THE ADVISOR SHALL FOR ALL PURPOSES HEREIN BE DEEMED TO BE AN INDEPENDENT CONTRACTOR AND SHALL, EXCEPT AS EXPRESSLY PROVIDED OR AUTHORIZED (WHETHER HEREIN OR OTHERWISE), HAVE NO AUTHORITY TO ACT FOR OR REPRESENT THE CORPORATION RIC IN ANY WAY OR OTHERWISE BE DEEMED AN AGENT OF THE CORPORATIONRIC.

EMPLOYMENT OF THE ADVISOR. THE CORPORATION TRUST HEREBY EMPLOYS THE ADVISOR TO MANAGE THE INVESTMENT AND REINVESTMENT OF THE CORPORATION TRUST ASSETS, SUBJECT TO THE CONTROL AND DIRECTION OF THE CORPORATIONTRUST'S BOARD OF DIRECTORSTRUSTEES, FOR THE PERIOD AND ON THE TERMS HEREINAFTER SET FORTH. THE ADVISOR HEREBY ACCEPTS SUCH EMPLOYMENT AND AGREES DURING SUCH PERIOD TO RENDER THE SERVICES AND TO ASSUME THE OBLIGATIONS IN RETURN FOR THE COMPENSATION HEREIN PROVIDEDPROVIDED HEREIN. THE ADVISOR SHALL FOR ALL PURPOSES HEREIN BE DEEMED TO BE AN INDEPENDENT CONTRACTOR AND SHALL, EXCEPT AS EXPRESSLY PROVIDED OR AUTHORIZED (WHETHER HEREIN OR OTHERWISE), HAVE NO AUTHORITY TO ACT FOR OR REPRESENT THE CORPORATION TRUST IN ANY WAY OR OTHERWISE BE DEEMED AN AGENT OF THE CORPORATIONTRUST.