The parties have agreed to form the Consortium for the purposes of the Project. Subject to the foregoing, nothing in this Agreement shall constitute a commercial corporation, partnership, joint venture, company or other legal entity whatsoever between the parties.
The parties’ responsibilities and liabilities towards the Consortium shall be as specified in the Project Organization Chart attached hereto as Annex I. In the event the bid is granted to the Consortium, the Parties shall be jointly and severally liable to the Employer for the performances of the Consortium under the Contract.