4.2. The Proprietary Trader understands that trading securities involves a high degree of risk and the Proprietary Trader represents that s/he has such business and financial experience to evaluate and assume such risks and that neither the Company, its officer, employees, corporate affiliates and agents have made any representations of warranties as to the profitability of losses that may accrue as a result of trading securities hereunder nor have they passed on or endorsed the merits of any trading methodology or strategy, which are the sole responsibility and sole decision of the Proprietary Trader. All investment decisions are those solely of the Proprietary Trader.