Common use of Non-Exclusivity of Services Rendered by the Reinsurance Manager Clause in Contracts

Non-Exclusivity of Services Rendered by the Reinsurance Manager. The services provided by the Reinsurance Manager under this Agreement are not exclusive. None of the services to be provided under this Agreement nor any other matter shall give rise to any fiduciary or equitable duties (to the fullest extent permitted by Applicable Requirements) which would prevent or hinder the Reinsurance Manager, its Affiliates or their respective directors, officers, employees and agents (each an “Interested Party”) from providing services to or entering into transactions with or for Parent and its subsidiaries. An Interested Party may, without prior notice to Parent and its subsidiaries, recommend, effect or enter into transactions or provide services (whether or not similar to the services provided under this Agreement) where an Interested Party has, directly or indirectly, a material interest or a relationship with another person which may involve a conflict with the Reinsurance Manager’s duty to Parent and its subsidiaries.