Managing

pay out

time to time hereafter be created or imposed by any resolutions of the Bank or its Board of Directors.

3. For the pposes of the business at the Branch, the director to Managing Director shall have power to authorize and make goings and all necessary expenditure and pay all necessary outgoings, hire clerks. and to hire and employ all such clerks, messengers, or

To trans

mit to Bank

of out

goings.

other servants as he shall consider to be required for carrying on the business of the Branch, and shall also have the absolute control over, and also power at his absolute discretion to discharge any such psons, save and except that he shall, if and when expressly required so to do by the Bank or its Directors, hire, employ or dismiss any clerk, messenger, or other servant, whether such hiring or dismissal shall be according to his wish or not.

4. THE Managing Director shall make out and deliver, or transmit to the Bank or its Board of Directors, or to statement such pson or psons as they shall require from time to time, a statemt of such expenditure and outgoings, and of the psons so employed, and the amount of the salaries, wages, or other remuneration to which they are resply entled, and in respect of what matter or services such expenditure or outgoings, salaries, wages, or other remuneration is or shall be payable, togr with such other parlars in relation to such matters or psons as the Bank or its Directors shall from time to time require.

To keep accounts.

To trans

mit to Bank

5. THE Managing Director shall keep, or cause to be kept, full and correct entries, minutes or accounts of all Banking accounts opened or withdrawn, and of all rects of monies, secs or effects, and of all advances made and discounts or credits granted, and of all special operations entered into on behalf of, or connected with, and of the general assets, balances, debts, and credits of the Branch, and also all such further or other parlars and details as shall from time to time be required by the Bank or its Directors with reference thereto.

6. THE Managing Director shall also from time to time as and when he shall be required by the Bank or its

of business,

mation.

inspection

of

Directors so to do, compile or extract, and transmit to the statement Bank or its Directors at its chief establishmt in London or elsewhere, as required, or to any officer thof or other pson or psons who shall be duly named for that ppose, an abstract, epitome, or statemt in full detail of all parlars and ordinary or special circes relating to the sd business at or connected with the Branch, or to his managemt of the same, and partarly and immediately upon the occurrence and imporof any circe calling for special attention on the pt tant inforof the Bank or its Directors, 'shall transmit to the sd chief establishmt full and sufficient notice thof, and also To permit shall at any time permit the Bank or its Directors, or any accounts. pson or psons duly authorized by the Directors in that behalf to inspect and examine all books of account, entries, minutes, and other parlars so kept by him, and shall give to the Bank or its Directors, or any pson or psons authorized by them as afsd, all such information, facilities and assistance as shall be reasbly required, to enable them or him fully to understand any such accounts or other parlars. 7. THE Managing Director shall not divulge or make Faithful dealing. known in any mner whatsover any dealings or concerns of or relating to the business of the Bank, wheresoever carried on or transacted, without the authority of the Bank or its Directors, but shall at all times be true and just to the Bank in all his dealings, and shall not injure or unduly pledge its credit or assets, or employ or make liable the same save in the usual and regular course of business, and shall use his best endeavours and exertions to promote the welfare of the Bank and its business, and shall give his whole time and attention to the business of the Branch, and shall not give his time or personal attention to any other business or mercantile transactions whatsoever.

8. THE Managing Director shall at his own expense, if Guarantee. and when required by the Bank or its Directors, procure a guarantee or guarantees for his duly and faithfully executing and performing the duties of his sd office and the provons of these presents in every respect to such an amount as the

Salary.

Commission.

First year to be pro

Bank or its Directors shall require, not exceeding £—, from by or with some responsible pson or psons, or co or cos, and shall deposit with the Bank the instrumt or instrumts by which the same shall be effected.

9. THE Bank shall pay the Managing Director after the rate of £ British sterling money per annum for his services as such Managing Director by equal quarterly paymts, and by way of further remuneration for his services in each year during the term of three years from the sdday of, a commission after the rate of £15 for every £100 of net profits made during each of such three years by the business of the Branch, after deducting all usual and necessary outgoings and expenses thof and interest after the rate of £5 for every £100 on the average capital of the Bank employed during such time at the Branch, and after the expiration of such three years and during the term of five years thereafter, a commission after the rate of £10 for every £100 of such net profits in each of such five years after such deductions as afsd. But so, nevertheless, that in no year during such five years shall the commission so to be received by him be in the whole less than the greatest amount received by him on account thof in any one of the three years preceding such term of five years.

10. THE first year of this agreemt and of the engagemt bationary. hby made of such Managing Director shall be considered by both pties hto to be probationary or experimental, and at the end of such first year it shall be lawful for either pty hto by notice in writing to the other pty forthwith. to determine this present agreemt and the engagemt hby made.

Bank may

11. It shall be lawful for the Bank or its Directors to dedetermine termine this agreemt and the engagemt hby made at the ment at the expiration of three years from the sd

engage

day of - by end of three giving at least calendar months' prior notice in writing to the Managing Director.

years.

Determina

12. EITHER of the pties hto may at any time determine tion by this agreemt and the engagemt hereby made, by giving to

rotice.

the other pty hereto calendar months' notice in writing, but so nevertheless that either pty giving such notice under this present provon shall, at the expiration thereof, pay to the pty receiving the same the sum of £, as liquidated damages for such determination of this agreemt.

miscon

13. In case the Managing Director shall misconduct him- Provision self in his sd office, or not duly and truly observe and in case of perform the provons of these presents with reference thto, duct. then notwithstanding the provon hinbefore contained in that behalf, no such sum by way of liquidated damages as hinbefore provd for shall be paid to him on the determination of this agreemt.

14. ANY notice hby authorised or required to be given by Notice. the Bank shall be sufficiently given by leaving the same in the usual private room of the Managing Director at the Branch, or affixing the same in some conspicuous pt thof, and any notice hby authorised or required to be given by the Managing Director shall be sufficiently given by enclosing the same in a registered letter posted at directed to the Manager of the Bank at the principal office in London.

15. LASTLY, these presents and the agreemts hby entered Law of Enginto shall in all respects be construed and carried into effect land to according to the law of England, so far as may be and circes

will permit.

IN WITNESS, &c.

apply.

VOL. I.

D

Engage

ment.

Diligent

service.

Salary:

VI.

AGREEMENT to serve as an AssISTANT to two PERSONS in PARTNERSHIP as MEDICAL PRACTITIONERS, and not to practise in the DISTRICT for

afterwards.

YEARS

PTIES, A. and B. (practising in ptnship togr as physicians and surgeons at, &c.) 1. C., assistant, 2.

1. THE sd A. and B. hby agree to engage and retain the sd C., and the sd C. hby agrees to enter into and continue in the service of the sd A. and B., or the survor of them, as assistant in every branch of their profession, practice, and business of physicians, surgeons, accoucheurs, and apothecaries from the day of for the period of years, and thereafter until the engagement of the sd C. is terminated by notice as hinafter provided.

2. THE sd C. shall, while he shall continue in the service of the sd A. and B., or the survor of them, faithfully and diligently serve them or him as such assistant as afsd, and devote his whole time to such service, and at all times obey and comply with their or his lawful commands and directions in relation to the sd business and practice, and to the utmost of his skill and ability serve and promote the interests of the sd A. and B., or the survor of them, and shall not at any time [except in the case of sickness or unavoidable accident] absent himself from their or his service without their or his consent, and shall not, without such consent, divulge or disclose any of the secrets, concerns, or affairs of the sd business or practice.

3. THE sd A. and B., or the survor of them, shall pay to the sd C., while he shall remain in their or his service, and duly perform the agreements on his part herein contd, a salary of £ per annum, and so in proportion for any less period than a year, by equal [monthly] payments on the