Common use of Employment of Third Parties Clause in Contracts

Employment of Third Parties. Notwithstanding anything to the contrary contained herein, authority is hereby reserved by Funeral Establishment, subject to any applicable restrictions under Title 27, Chapter 17A of the Code of Alabama 1975, to select an investment advisor (“Investment Advisor”), if Funeral Establishment so chooses, to advise Trustee in the making or retention of any investment. Trustee shall use commercially reasonable efforts to follow such advice received from such Investment Advisor, Funeral Establishment shall designate in writing the name of the Investment Advisor, if any, selected and shall submit the name to Trustee in writing. Such notice shall be effective until revoked by Funeral Establishment upon ten (10) days prior written notice thereof to Trustee.

Employment of Third Parties. Notwithstanding anything to the contrary contained herein, authority is hereby reserved by Funeral Establishment, subject to any applicable restrictions under Title 2734, Chapter 17A 13 of the Code of Alabama 1975, to select an investment advisor (“Investment Advisor”), if Funeral Establishment so chooses, to advise Trustee in the making or retention of any investment. Trustee shall use commercially reasonable efforts to follow such advice received from such Investment Advisor, Funeral Establishment shall designate in writing the name of the Investment Advisor, if any, selected and shall submit the name to Trustee in writing. Such notice shall be effective until revoked by Funeral Establishment upon ten (10) days prior written notice thereof to Trustee.