UCI CYCLING REGULATIONS  2.16.004 The principal partner(s) and the paying agent may act in that capacity with respect to  one UCI ProTeam only.  2.16.005 The name of the UCI ProTeam may be that of the company or brand name of one or  several principal partners, the name of the paying agent, or any other name related to  the project of the UCI ProTeam.  2.16.006 No two UCI ProTeams, their principal partners or paying agents, may bear the same  name. Should application for a new and identical name be made simultaneously by two  or more teams, priority shall be given to the team which has used the name for the longer  or longest time.  2.16.007 The nationality of a UCI ProTeam is determined, at the team’s discretion, by:  1.  The country of the registered office of the paying agent; or  2.  A country where a product or service of a principal partner is marketed under  the name of the UCI ProTeam or of an element of that name.  2.16.008 The paying agent shall represent the UCI ProTeam for all purposes as regards the UCI  regulations.  The paying agent must manage all the operations of the team from a single registered  office. The registered offices or professional domicile of the paying agent shall be located  The paying agent and the principal partners shall be jointly and severally liable for all the  financial obligations of the team to the UCI and National Federations, including fines.  If the paying agent is not a principal partner of the team, the management of the team  will be the paying agent's sole activity, unless an exemption is granted by the licence  commission.  The paying agent may act only through individuals who hold a licence.  The paying agent must be a person legally entitled to take on employees. He/it shall sign  the contracts with the riders and the other persons under contract for the operation of  the team.  The UCI administration must be notified of this choice no later than 1 October before the  registration year. By default, the nationality of the UCI ProTeam will be determined by  the country of the registered office of the paying agent.  The choice of a country where a product or service of a principal partner is marketed  under the name of the UCI ProTeam or of an element of that name shall stand throughout  the registration period and cannot be changed unless the principal partner in question  ceases to hold that status. In this case, the UCI ProTeam can make a new choice as per  the first paragraph.  The change of nationality will take effect on 1 January after the UCI administration is  notified.  (text modified on 1.04.11; 1.07.11).  Legal and financial status  The UCI may refuse any name which is likely to damage the reputation or the image of  cycling or of the UCI.  (text modified on 1.07.09 ; 1.11.15).  E170421  ROAD RACES  246 