Common use of Solicitation Activities Clause in Contracts

Solicitation Activities. As an independent contractor, Representative has the right to determine the method, manner, time and place of performing his or her solicitation activities under this Agreement. However, to satisfy applicable statutes, rules and regulations, Representative will fully disclose to prospective purchasers all material facts relating to the purchase or sale of any securities products or services, including delivering a current prospectus or offering circular relating to the security to be purchased if one is then in effect. Representative acknowledges that he or she is prohibited by law from making any untrue statement relating to any securities product or service and shall fully explain the terms of any contractual arrangements relating to the purchase or sale of any securities product or service to the prospective seller or purchaser. At all times while this Agreement is in effect, Representative shall refrain from selling securities products or services of any kind that are not approved by the Company.