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Regulatory Compliance with International,
Federal & Local Laws.

The authorized websites and the various sellers are required to make reasonable efforts to resolve all customer feedback and inquiries received promptly -

Limited Civil & Criminal Liabilities Company Operation

 

Elkobtan establishes a provision in the liability company operation agreement that grants the Board of Directors of a company the exclusive and complete discretion to manage and control the company’s affairs and business. Elkobtan, after analyzing the legal structure of the company, grants the Board the authority to exercise all powers that are necessary, convenient, or appropriate for the execution of the company’s objectives and business, including the execution of all actions and tasks required to fulfill the terms and provisions of this Agreement. In this regard, Elkobtan is striving to grant the Board the full authority to exercise all the rights and powers of a “manager” of a limited liability company in the name of the company, as appropriate to fulfill the company’s objectives, at its discretion, unless otherwise specified by the Board’s members or by law. Moreover, the board or its designated individuals, such as officers and agents (including the administrator), will execute the company’s documents. The Board will also possess the authority to carry out any acts, whether statutory or otherwise, related to the company, its subsidiaries, or this agreement, which the members would otherwise have under applicable law. The members will have no power whatsoever with respect to the management of the business and affairs of the company (including any subsidiary thereof) except as expressly provided herein.

Trade & Investment & Industrial Law.

Elkobtan establishes a provision in the liability company operation agreement that grants the Board of Directors of a company the exclusive and complete discretion to manage and control the company’s affairs and business. Elkobtan, after analyzing the legal structure of the company, grants the Board the authority to exercise all powers that are necessary, convenient, or appropriate for the execution of the company’s objectives and business, including the execution of all actions and tasks required to fulfill the terms and provisions of this Agreement. In this regard, Elkobtan is striving to grant the Board the full authority to exercise all the rights and powers of a “manager” of a limited liability company in the name of the company, as appropriate to fulfill the company’s objectives, at its discretion, unless otherwise specified by the Board’s members or by law. Moreover, the board or its designated individuals, such as officers and agents (including the administrator), will execute the company’s documents. The Board will also possess the authority to carry out any acts, whether statutory or otherwise, related to the company, its subsidiaries, or this agreement, which the members would otherwise have under applicable law. The members will have no power whatsoever with respect to the management of the business and affairs of the company (including any subsidiary thereof) except as expressly provided herein.

Investment Advisory Service (IAS)

Elkobtan conducts a thorough examination of all relevant local, provincial, and international laws, as well as the Elkobtan serves as the investment adviser to each Fund and, in this capacity, shall (i) acquire and assess any information regarding the economy, industries, business, securities markets, and securities that it deems necessary or beneficial in fulfilling its obligations under this agreement, (ii) develop a continuous investment program for each Fund that is consistent with its investment objective(s), policies, and restrictions, and (iii) periodically determine the securities that each Fund will purchase, sell, retain, or lend, and execute those decisions, including the selection of entities with or through which such purchases, sales, or loans are to be executed. Elkobtan will place orders in accordance with its investment determinations either directly with the issuer or with a broker or dealer. If the orders are placed with a broker or dealer, Elkobtan will (a) endeavor to obtain the best price and execution of the orders and (b) may, at its discretion, purchase and sell portfolio securities from and to brokers who provide us with research, analysis, advice, and similar services. Elkobtan will pay these brokers a higher commission than may be charged by other brokers. In addition, Elkobtan is required to fulfill its obligations with regard to the investments of each fund in accordance with the investment objectives, policies, and restrictions outlined in the prospectus and statement of additional information of the respective fund, as well as any additional restrictions that the trust may impose by written notice to the adviser.

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