Regs Clause Samples
The 'Regs' clause establishes the requirement for parties to comply with all applicable laws, regulations, and governmental rules relevant to the agreement. In practice, this means each party must ensure their actions, products, or services under the contract adhere to current legal standards, such as safety codes, environmental laws, or industry-specific regulations. This clause serves to allocate responsibility for legal compliance, reducing the risk of regulatory violations and associated penalties for both parties.
Regs. Ch. 4, and any other similar provisions that may be enacted or adopted during the Initial Term or the Renewal Term, if any. In furtherance of the foregoing, the Parties agree to the provisions in this Article 5.
Regs. Section 1.409A-1(h), and as amplified by any other official guidance, and other forms of the word “termination” as used herein, such as “terminate” and “terminated”, shall be construed accordingly. The payment of any amounts to Executive following his termination of employment shall be delayed to the extent necessary to comply with Section 409A(a)(2)(B)(i) of the Code (relating to payments made to certain “specified employees” of certain publicly-traded companies) and in such event, any such amount to which Executive would otherwise be entitled during the six (6) month period immediately following his termination of employment will be paid on the first business day following the expiration of such six (6) month period.
Regs. 1.424-1(a) or (b) by equitably reducing the Option Price to the extent permitted by applicable law and to the extent such reduction does not result in adverse tax consequences to the Participant, and, in either case, by reducing each applicable Stock Price Hurdle by the amount of such extraordinary cash dividend.
Regs. Ch. 1; ▪ The Kentucky Wage Payment and Work Hour Laws; ▪ The Kentucky Occupational Safety & Health Program - Ky. Rev. Stat. Ch. 338; [IF RESIDENT OF MICHIGAN] ▪ The Michigan Civil Rights Act - Mich. Comp. Laws §37-2101 et seq.; ▪ The Michigan Persons with Disabilities Civil Rights Act - Mich. Comp. Laws §37.1101 et seq.; ▪ The Michigan Whistleblower Protection Act - Mich. Comp. Laws §15.361 et seq.; ▪ The Michigan Statutory Provision Regarding Retaliation/Discrimination for Filing a Worker’s Compensation Claim - Mich. Comp. Laws §418.301 (11) et seq.; ▪ The Michigan AIDS Testing and Confidentiality Act - Mich. Comp. Laws §333.5131 et seq.; ▪ The Michigan Equal Pay Law - Mich. Comp. Laws §408.381 et seq.; ▪ The Michigan State Wage Payment and Work Hour Laws; ▪ The Michigan Occupational Safety and Health Act - Pub. Acts 154; ▪ The Michigan Handicapped Discrimination Law - Mich. Comp. ▇▇▇▇ ▇▇▇. §37.1101 et seq.; [IF RESIDENT OF OHIO] ▪ The Ohio Fair Employment Practice Law - Ohio Rev. Code ▇▇▇. §4112.01 et seq.; ▪ The Ohio Whistleblower Protection Law - Ohio Rev. Code ▇▇▇. §4113.51 et seq.; ▪ The Ohio Statutory Provisions Regarding Retaliation/Discrimination for Filing Worker’s Compensation Claim - Ohio Rev. Code ▇▇▇. §4123.90;
