II Rios II
OOC: In a round about way yes, the thing that separates us from mercenaries is the fact that an outlaw will always put their personal Agendas and feelings first. That means you can't pay an outlaw to work with you if they have something against you, nor can you trust an outlaw to bring you back something if he's after it himself. Mercenaries can choose their contracts, by the way. So that's not really a difference. Even mercenaries can break contracts and back stab you when you least expect it, so that's also not that much of a difference.
A better way of looking at it is that outlaws are mercenaries that don't ascribe to laws. Any mercenary organization can break a contract, but they officially state they won't, because they're an organization established within lawful terms.
Outlaws are just gangs. They run s**t however they want, law on their side or not. They are not established within lawful terms.
Unfortunately the RP setting we're in doesn't really have an established series of 'laws', so in this case the mercenary organization is just assumed to be established lawfully.