{"component": "clause", "props": {"groups": [{"snippet_links": [{"key": "internal-revenue-code-of-1986", "type": "definition", "offset": [17, 46]}, {"key": "as-amended", "type": "definition", "offset": [48, 58]}], "snippet": "\u201cCode\u201d means the Internal Revenue Code of 1986, as amended.", "samples": [{"hash": "jIP8ODdPioN", "uri": "/contracts/jIP8ODdPioN#code", "label": "Executive Employment Agreement (Soleno Therapeutics Inc)", "score": 37.2984275818, "published": true}, {"hash": "e2NTgOlUOl8", "uri": "/contracts/e2NTgOlUOl8#code", "label": "Executive Employment Agreement (Soleno Therapeutics Inc)", "score": 37.2984275818, "published": true}, {"hash": "8HKi5ZUR2L0", "uri": "/contracts/8HKi5ZUR2L0#code", "label": "Employment Agreement (Momentus Inc.)", "score": 37.2436676025, "published": true}], "size": 1543, "hash": "48ae3845e50eebe4e40e899ece06d197", "id": 1}, {"snippet_links": [{"key": "the-term", "type": "clause", "offset": [0, 8]}, {"key": "internal-revenue-code-of-1986", "type": "definition", "offset": [26, 55]}, {"key": "tax-codes", "type": "clause", "offset": [103, 112]}], "snippet": "The term \u201cCode\u201d means the Internal Revenue Code of 1986, including any amendments thereto or successor tax codes thereof.", "samples": [{"hash": "3eCSXMycDmK", "uri": "/contracts/3eCSXMycDmK#code", "label": "Key Executive Employment and Severance Agreement (Badger Meter Inc)", "score": 36.9425048828, "published": true}, {"hash": "26kAqpGDJRo", "uri": "/contracts/26kAqpGDJRo#code", "label": "Key Executive Employment and Severance Agreement (Badger Meter Inc)", "score": 36.9425048828, "published": true}, {"hash": "i0ffHKsLsi0", "uri": "/contracts/i0ffHKsLsi0#code", "label": "Key Executive Employment and Severance Agreement (Badger Meter Inc)", "score": 32.1485290527, "published": true}], "size": 258, "hash": "4777bba57877d58ff13ce6e113e0fe7e", "id": 3}, {"snippet_links": [{"key": "internal-revenue-code-of-1986", "type": "definition", "offset": [0, 29]}, {"key": "as-amended", "type": "definition", "offset": [31, 41]}, {"key": "from-time-to-time", "type": "clause", "offset": [42, 59]}, {"key": "reference-to", "type": "clause", "offset": [95, 107]}, {"key": "the-code", "type": "clause", "offset": [125, 133]}, {"key": "in-effect", "type": "clause", "offset": [163, 172]}, {"key": "successor-provision", "type": "clause", "offset": [228, 247]}, {"key": "applicable-regulations", "type": "definition", "offset": [279, 301]}], "snippet": "Internal Revenue Code of 1986, as amended from time to time, or any successor statute thereto. 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are the most common risks or ambiguities in 'Code' clauses that could lead to disputes or unenforceability?", "How does the interpretation of 'Code' clauses differ across key jurisdictions or under different legal systems?", "What standards or tests do courts apply when determining the enforceability of a 'Code' clause in litigation?"], "drafting_tip": "Define 'Code' precisely to avoid ambiguity; specify applicable standards to ensure compliance; require regular updates to address evolving technologies.", "explanation": "The 'Code' clause establishes the standards, regulations, or codes that must be followed in the execution of the contract. It typically specifies which building codes, safety standards, or industry regulations are applicable to the work or services being performed. For example, it may require that all construction complies with local building codes or that products meet certain technical standards. This clause ensures that all parties are aware of and adhere to relevant legal and technical requirements, thereby reducing the risk of non-compliance and potential legal issues."}, "json": true, "cursor": ""}}