Own rules Sample Clauses
The "Own rules" clause establishes that a party or entity will operate according to its own internal policies, procedures, or regulations rather than those imposed externally. In practice, this means that the party retains autonomy over how it manages its affairs, such as setting its own standards for conduct, compliance, or decision-making processes. This clause is essential for ensuring that the party maintains control over its operations and is not subject to conflicting or burdensome external requirements, thereby promoting operational independence and clarity.
Own rules. The Optionee acknowledges that the Plan and Agreement are governed by their own rules and law, and that the applicability of other rules and law to the employment relationship of the Optionee has no impact on those governing rules and law. A new Section 16 A is added as follows:
Own rules. The Participant acknowledges that the Plan and Agreement are governed by their own rules and law, and that the applicability of other rules and law to the employment relationship of the Participant has no impact on those governing rules and law. A new Section 16A is added as follows:
Own rules. The Investor acknowledges that the Plan and Agreement are governed by their own rules and law, and that the applicability of other rules and law to the employment relationship of the Investor has no impact on those governing rules and law. New Subsections (e) and (f) are added to Section 9 as follows: