Recording of Telephone Conversations. To the extent permitted by applicable law, each Party:
(i) consents to the recording of telephone conversations between the trading, marketing and
other relevant personnel of the parties in connection with this Agreement or any potential
Transaction, (ii) agrees to obtain any necessary consent of, and give any necessary notice
of such recording to, its relevant personnel, (iii) agrees that recordings may be submitted
in evidence in any Proceedings, and (iv) acknowledges to the other party and consents
that such other party may from time to time and without further notice (A) retain electronic
transmissions (including telephone conversations, e-mail and instant messaging between
the parties’ respective representatives in connection with the Agreement, any potential
Transaction and any Transaction or other commercial matters between the parties) on central
and local databases for their respective legitimate purposes, and (B) monitor electronic
transmissions through their internal and external networks for purposes of security and
compliance with applicable laws, regulations and internal policies for their legitimate business
purposes.
This fax cancels and supersedes any broker correspondence in relation to this contract
(which shall be for the sole purpose of documenting commission, if any) and any contract
confirmation generated by the Counterparty.
If you agree with the terms set out above, please confirm in writing as soon as possible,
advising us at the same time of your address for communications as required above.