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Sales Manual CA 2018

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INDEPENDENT CONTRACTOR AGREEMENT<br />

This Independent Contractor Agreement (“Agreement”) is made effective as of the date set<br />

forth below and by and between Farnsfield Research, Inc, a Corporation., located at 2245 Texas<br />

Drive, Suite 300, Sugarland, TX 77478 (hereinafter referred to as “FF”) and the entity and/or<br />

individual whose name and address are set forth below on the signature page (8) in this Agreement<br />

(hereinafter referred to as “Independent Contractor”).<br />

AGREEMENT<br />

SECTION ONE – MARKETING THE FF SERVICES<br />

1.01. Appointment. Subject to the terms and conditions of this Agreement, FF hereby appoints<br />

Independent Contractor as a non-exclusive reseller of the FF Services. In connection with such<br />

appointment, FF grants Independent Contractor a non-exclusive and non-transferable right to<br />

promote market and solicit orders for the FF Services from individuals and/or businesses wishing to<br />

utilize the FF Services (“Clients”). Independent Contractor shall identify prospective Clients that<br />

meet FF’s criteria as set forth in this Agreement and its general policies and procedures.<br />

Independent Contractor will obtain all information and documentation reasonably required by FF.<br />

Independent Contractor agrees to strictly adhere to the promotional materials provided by the<br />

publisher of the products sold by Independent Contractor, and that Independent Contractor shall<br />

not deviate from these during the sales process and/or training for all educational and trading<br />

products.<br />

1.02. Approval of Clients. Independent Contractor acknowledges that all Clients are to be<br />

approved by FF and in their sole discretion and the Clients will be able to utilize the FF Services<br />

effective upon such approval. Therefore, Independent Contractor will not make any promise to or<br />

create any impression with a prospective Client that it will be approved prior to review and approval.<br />

Further, Independent Contractor acknowledges that all aspects of the FF Services are subject to the<br />

management and approval of FF and its vendors and Independent Contractor shall make no<br />

representations to the contrary.<br />

1.03. FF Services Agreement. Clients will be presented by FF or Independent Contractor with an<br />

online or written application and/or agreement that will govern the relationship between the Clients<br />

and FF in regard to the FF Services (“Clients Agreement”). Independent Contractor shall use only<br />

that form of Clients Agreement that has been approved and supplied by FF. Independent Contractor<br />

shall not make any changes or modifications to any Clients Agreement without the prior written<br />

consent of FF. FF reserves the right to amend or change in any manner the agreements between<br />

Clients, FF, and its vendors to be used by Independent Contractor, including changes to any and all<br />

fees due from Clients.<br />

1.04. Acceptable Clients. Independent Contractor shall market the FF Services only to bona fide<br />

and lawful individuals and/or businesses and in accordance with FF’s policies, procedures and<br />

standards in this Agreement. Further, Independent Contractor shall promptly notify FF in writing of<br />

any adverse information that Independent Contractor receives in relation to a Client, including<br />

information regarding a Clients’ financial condition or any other information to Clients that would<br />

have a material effect on Clients’ ability to conform to the terms of its agreements.<br />

1.05. Independent Contractors. The relationship of FF and Independent Contractor is that of<br />

Independent Contractors. Neither Independent Contractor nor Independent Contractor’s<br />

employees, consultants, contractors, or agents are agents, employees, partners or joint ventures of<br />

FF, nor do they have any authority to bind FF by contract or otherwise to any obligation. They will<br />

not represent to the contrary, either expressly, implicitly, by appearance or otherwise.<br />

7

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