Common use of Representatives of the Client Clause in Contracts

Representatives of the Client. 14.1 In case the Client is a company, or any other legal person, the Client shall be obliged to appoint a representative to deal on his behalf with issues related to this Agreement (the “Authorized Representative”) and shall grant to such Authorized Representative a power of attorney in the form requested and acceptable by the Manager. 14.2 In case the Client is an individual the Client may appoint an Authorized Representative. 14.3 Such appointment of Authorized Representatives has to be notified to the Manager in writing and a power of attorney issued by the Client to the Authorized Representative in a form satisfactory to the Manager has to be presented together with such notice. 14.4 The Manager shall be allowed to set out certain conditions and requirements in relation to the appointment of such Authorized Representatives especially as regards the relevant power of attorney. 14.5 The Client acknowledges that he will be bound by the acts and instructions given to the Manager by the Authorized Representative and such instructions shall be considered as given directly by the Client to the Manager. The Manager shall have no liability for any loss attributable to any action performed pursuant to instructions received by the Authorized Representative. 14.6 Irrespective of the fact that the Client may be entering into this Agreement on behalf of a third party and this has been disclosed to the Manager, that third party is not and will not be considered to be the Client and the Manager shall bear no responsibility against such party for any reason what so ever.

Representatives of the Client. 14.1 In case the Client is a company, or any other legal person, the Client shall be obliged to appoint a representative to deal on his behalf with issues related to this Agreement (the “Authorized Authorised Representative”) and shall grant to such Authorized Representative a power of attorney in the form requested and acceptable by the Manager. 14.2 In case the Client is an individual the Client may appoint an Authorized Authorised Representative. 14.3 Such appointment of Authorized Authorised Representatives has to be notified to the Manager in writing and a power of attorney issued by the Client to the Authorized Authorised Representative in a form satisfactory to the Manager has to be presented together with such notice. 14.4 The Manager shall be allowed to set out certain conditions and requirements in relation to the appointment of such Authorized Authorised Representatives especially as regards the relevant power of attorney. 14.5 The Client acknowledges that he will be bound by the acts and instructions given to the Manager by the Authorized Authorised Representative and such instructions shall be considered as given directly by the Client to the Manager. The Manager shall have no liability for any loss attributable to any action performed pursuant to instructions received by the Authorized Authorised Representative. 14.6 Irrespective of the fact that the Client may be entering into this Agreement on behalf of a third party and this has been disclosed to the Manager, that third party is not and will not be considered to be the Client and the Manager shall bear no responsibility against such party for any reason what so ever.

Representatives of the Client. 14.1 In case the Client is a company, or any other legal person, the Client shall be obliged to appoint a representative to deal on his behalf with issues related to this Agreement (the “Authorized Representative”) and shall grant to such Authorized Representative a power of attorney in the form requested and acceptable by the ManagerCompany. 14.2 In case the Client is an individual the Client may appoint an Authorized Representative. 14.3 Such appointment of Authorized Representatives has to be notified to the Manager Company in writing and a power of attorney issued by the Client to the Authorized Representative in a form satisfactory to the Manager Company has to be presented together with such notice. 14.4 The Manager Company shall be allowed to set out certain conditions and requirements in relation to the appointment of such Authorized Representatives especially as regards the relevant power of attorney. 14.5 The Client acknowledges that he will be bound by the acts and instructions given to the Manager Company by the Authorized Representative and such instructions shall be considered as given directly by the Client to the ManagerCompany. The Manager Company shall have no liability for any loss attributable to any action performed pursuant to instructions received by the Authorized Representative. 14.6 Irrespective of the fact that the Client may be entering into this Agreement on behalf of a third party and this has been disclosed to the ManagerCompany, that third party is not and will not be considered to be the Client and the Manager Company shall bear no responsibility against such party for any reason what so ever.