There are different types of subcontracting agreements: the firm commitment agreement, the agreement on the best efforts, the mini-maxi-agreement, the whole or no agreement and the standby agreement. In the insurance agreement, documents that must be notified to insurers are listed as a condition for the conclusion of the offer. The results include legal advice that must be provided by each party`s legal advisors, officer and secretary certificates, good quality certificates and a consolation letter from the issuer`s independent auditor. Both lawyers should also provide insurers with negative insurance letters confirming that no significant false testimony or omission was included in the prospectus. This letter allows both parties to establish a due diligence defence against allegations that missing or improperly settled material information have misled investors. The comfort letter sent by the issuer`s legal auditor of accounts provides certain assurances as to the independence of the auditors, the completion of the review of the annual accounts, the closing of a review of the interim financial statements, the compliance of the issuer`s financial statements with the US GAAP or International Financial Reporting Standards, as well as certain agreed procedures relating to other disclosure documents a result of the closing and derivatives of the ABA. Depending on the type of activity of the issuer and the laws and regulations applicable to his business, the insurer`s advisor should also request additional expertise from the issuer`s advisor, such as tax, regulatory or intellectual property issues. Due to the short time between signing and closing (usually two business days), advisors to the insurer and issuer should, as far as possible, negotiate in advance the extent of all legal advice. 12. Notwithstanding the contrary, the company`s compensation agreement under subsection (a) section 9 of Section 9, the insurance and guarantees contained in subsections (b) and (c) Section 1 of this agreement, as well as any guarantee or guarantee as to the accuracy of the registration statement or prospectus contained in a certificate issued by the Company 14.