Common use of Security Obligations Clause in Contracts

Security Obligations. The Company and each of its Subsidiaries is in compliance with all national security obligations, including those specified in the National Industrial Security Program Operating Manual, DOD 5220.22-M (January 1995). Neither the Company nor any of its Subsidiaries has been subject to any security audit or inspection by the United States government during the past three (3) years (except for routine audits or inspections in the Ordinary Course of Business). No facts currently exist that could reasonably be expected to give rise to the revocation of any facility security clearance of the Company, any of its Subsidiaries or of any security clearance held by their respective executive officers, managers, or persons designated in any Government Contract or Bid as a key person. The Company reasonably believes that, based upon Company’s Knowledge of Parent and Purchaser and its understanding of the structure and outcome of the transactions contemplated by this Agreement, all necessary approvals and agreements from or with Governmental Entities as required under FAR Subpart 42.12 and the National Industrial Security Program Operating Manual (DoD 5220.22-M) (the “NISPOM”), as amended, will be able to be obtained.