Compliant Operation Clause Samples
The Compliant Operation clause requires that parties conduct their activities in accordance with all applicable laws, regulations, and contractual obligations. In practice, this means that each party must ensure their operations, products, or services meet relevant legal standards, such as safety, environmental, or industry-specific requirements. This clause serves to allocate risk and responsibility by making clear that non-compliance is a breach of contract, thereby protecting both parties from legal or regulatory consequences arising from the other's actions.
POPULAR SAMPLE Copied 1 times
Compliant Operation. This Agreement shall be operated in compliance with Section 409A or an exception thereto and each provision of this Agreement shall be interpreted, to the extent possible, to comply with Section 409A or qualify for an exception thereto. Nevertheless, APS cannot, and does not, guarantee any particular tax effect or treatment of the amounts due under this Agreement. Except for APS' responsibility to withhold applicable income and employment taxes from compensation paid or provided to Employee, APS will not be responsible for the payment of any applicable taxes on compensation paid or provided to Employee.
Compliant Operation. This Agreement shall be operated in compliance with Section 409A or an exception thereto and each provision of this Agreement shall be interpreted, to the extent possible, to comply with Section 409A or to qualify for an exception thereto.