Common use of Corporate Compliance Clause in Contracts

Corporate Compliance. Foundation affirms that is it is not excluded from participation, and is not otherwise ineligible to participate in a “Federal health care program” as defined in 42 U.S.C. section 1320a-7b(f) or in any other state or federal government payment program. In the event that Foundation is excluded from participation, or becomes otherwise ineligible to participate in any such program, during the term of this agreement, Foundation will notify the University of Kentucky Xxxxxxxx Medical Center, hereinafter “UKCMC”, Office of Compliance, A301 KY Clinic, Lexington, Kentucky 40536 in writing, by certified mail within 48 hours after said event, and upon the occurrence of any such event, whether or not appropriate notice is given, the University of Kentucky, shall have the right to terminate this Agreement upon written notice if such matter is not cured within a reasonable timeframe as determined at the sole discretion of the University. Additionally, Foundation affirms that it is aware that UKCMC operates in accordance with a corporate compliance program, employs a Corporate Compliance Officer and operates a 24 hour, seven day a week compliance Comply-line. Foundation has been informed that a copy of the UKCMC compliance plan is on file in the purchasing office and that it is encouraged to review the plan during normal business hours. It is understood that should Foundation be found to have violated the UKCMC compliance plan, UKCMC can, at its sole discretion, terminate this Agreement upon written notice if such matter is not cured within a reasonable timeframe as determined at the sole discretion of the University. Foundation recognizes that it is under an affirmative obligation to immediately report to UKCMC’s Corporate Compliance Officer through the comply-line 0-000-000-0000, in writing, or directly (000) 000-0000 any actions by an agent or employee of UKCMC which Foundation believes, in good faith, violates an ethical, professional or legal standard. Nothing in this Agreement contemplates or requires that any party act in violation of federal or state law. Nonetheless, should any term or condition set forth in this Agreement later be creditably alleged, suspected or determined to be illegal, the parties agree to immediately cease the questioned activity and negotiate modification to the effected portion of the Agreement for a thirty (30) day period. If at the end of this period, no compromise can be reached, the Agreement will terminate.

Appears in 3 contracts

Samples: www.uky.edu, www.uky.edu, www.uky.edu

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Corporate Compliance. Foundation As it applies to clinical sites and only to clinical sites, FACILITY affirms that is it is not excluded from participation, and is not otherwise ineligible to participate in a “Federal health care program” as defined in 42 U.S.C. section 1320a-7b(f) or in any other state or federal government payment program. In the event that Foundation FACILITY is excluded from participation, or becomes otherwise ineligible to participate in any such program, during the term of this agreementAgreement, Foundation FACILITY will notify the University of Kentucky Xxxxxxxx Medical Center, hereinafter “UKCMC”, Office of Compliance, A301 KY Clinic0000 Xxxxxx Xxxx Xxxxx, LexingtonXxxxxxxxx, Kentucky 40536 Xxxxxxxx 00000 in writing, by certified mail within 48 hours after said event, and upon the occurrence of any such event, whether or not appropriate notice is given, the University of Kentucky, Kentucky shall have the right to immediately terminate this Agreement upon written notice if such matter is not cured within a reasonable timeframe as determined at the sole discretion of the Universitynotice. Additionally, Foundation FACILITY affirms that it is aware that UKCMC operates in accordance with a corporate compliance program, employs a Corporate Compliance Officer and operates a 24 hour, seven day a week compliance Comply-line. Foundation FACILITY has been informed that a copy of the UKCMC compliance plan is on file in the purchasing office Purchasing Office or can be viewed online at xxxx://xxxxxxxxxxxx.xxx.xxx/about/staff/corporate-compliance/Program-Manual.aspx and that it is encouraged to review the plan from time to time during normal business hoursthe term of this Agreement. It is understood that should Foundation FACILITY be found to have violated the UKCMC compliance plan, UKCMC can, at its sole discretion, terminate this Agreement upon written notice if such matter is not cured within a reasonable timeframe as determined at the sole discretion of the Universitynotice. Foundation FACILITY recognizes that it is under an affirmative obligation to immediately report to UKCMC’s Corporate Compliance Officer through the comply-line 0-000-000-0000, in writing, or directly (000) 000-0000 any actions by an agent or employee of UKCMC which Foundation FACILITY believes, in good faith, violates violate an ethical, professional or legal standard. Nothing in this Agreement contemplates or requires that any party act in violation of federal or state law. Nonetheless, should any term or condition set forth in this Agreement later be creditably alleged, suspected or determined to be illegal, the parties agree to immediately cease the questioned activity and negotiate modification to the effected portion of the Agreement for a thirty (30) day period. If at the end of this period, no compromise can be reached, the Agreement will terminate.

Appears in 1 contract

Samples: Cooperative Internship Agreement

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Corporate Compliance. Foundation AFFILIATE affirms that is it is not excluded from participation, and is not otherwise ineligible to participate in a “Federal health care program” as defined in 42 U.S.C. section 1320a-7b(f§1320a- 7b(f) or in any other state or federal government payment program. In the event that Foundation AFFILIATE is excluded from participation, or becomes otherwise ineligible to participate in any such program, program during the term of this agreementAgreement, Foundation AFFILIATE will notify the University of Kentucky Xxxxxxxx Medical Center, hereinafter “UKCMC”, Office of Corporate Compliance, A301 KY Clinic0000 Xxxxxx Xxxx Xxxxx, LexingtonXxxxx 000, Kentucky 40536 Xxxxxxxxx, XX 00000, in writing, writing by certified mail within 48 hours after said eventnotice, and upon the occurrence of any such event, whether or not appropriate notice is given, the University of Kentucky, UNIVERSITY shall have the right to immediately terminate this Agreement upon written notice if such matter is not cured within a reasonable timeframe as determined at the sole discretion of the Universitynotice. Additionally, Foundation AFFILIATE affirms that it is aware that UKCMC UNIVERSITY operates in accordance with a corporate compliance program, employs a Corporate Compliance Officer and operates a 24 hour, seven day a week compliance Comply-lineLine. Foundation AFFILIATE has been informed that a copy of the UKCMC UNIVERSITY’s compliance plan is on file in the purchasing office its Purchasing Office or can be viewed online at xxxx://xxxxxxxxxxxx.xxx.xxx/staff/corporate- compliance/policy-manual and that it is encouraged to review the plan from time to time during normal business hoursthe term of this Agreement. It is understood that should Foundation AFFILIATE be found to have violated the UKCMC UNIVERSITY’s compliance plan, UKCMC plan UNIVERSITY can, at its sole discretion, terminate this Agreement upon written notice if such matter is not cured within a reasonable timeframe as determined at the sole discretion of the Universitynotice. Foundation AFFILIATE recognizes that it is under an affirmative obligation to immediately report to UKCMCUNIVERSITY’s Corporate Compliance Officer through the complyComply-line 0-Line at 000-000-0000, in writing, 0000 or directly (000) -000-0000 any actions by an agent or employee of UKCMC the UNIVERSITY which Foundation AFFILIATE believes, in good faith, violates an ethical, professional or legal standard. Nothing in this Agreement contemplates or requires that any party act in violation of federal or state law. Nonetheless, should any term or condition set forth in this Agreement later be creditably credibly alleged, suspected or determined to be illegal, the parties agree to immediately cease the questioned activity and negotiate modification to of the effected portion of the Agreement for a thirty (30) day period. If at the end of this period, period no compromise can be reached, the Agreement will terminate.

Appears in 1 contract

Samples: Education Agreement

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