11. Relations:
11.1. The relationship between the Company and the Proprietary Trader is independent contractor relationship. There will be no employer-employee and/or partnership relationship between the Company and the Proprietary Trader. The Proprietary Trader understands and agrees that the company profits from the trading expenses cleared from the Proprietary Trader's deposit by the company's broker/dealer. The Proprietary Trader will only be entitled to receive his deposit back from the Company, according to the terms and provisions of this Agreement.