Common use of Transparency Obligations Clause in Contracts

Transparency Obligations. 11.1 The Provider and the Organizing Agency declare that they are aware of the fact that the Company adheres to Confindustria Medical Devices and its Code of Ethics and is therefore subject to the obligation to document and make public the transfers of value made directly or indirectly towards health professionals, health organisations and third parties, in accordance with para 4 of the Code of Ethics for Medical Devices, available here: ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇/codice-etico/. The transparency obligations mentioned above will automatically lapse when the public telematic register called “Sanità Trasparente” of the Law n. 62 of 31 May 2022 (the so-called “Sunshine Act”) comes into operation. In fact, in view of the implementation of Law n. 62/2022 (the so-called “Sunshine Act”), the Provider and the Organizing Agency are committed to cooperate with the Company in order to enable the latter to comply with its legal transparency obliga- tions. In connection with the above, the Provider and the Organizing Agency also undertake to comply with any and all transparency obligations incumbent upon them under the Sunshine Act and to indemnify and hold the Company harmless from any damage, any request or claim that should arise to the Company or com- panies of the Group from the failure to comply with these obligations by the Provider and/ or the Organizing Agency.

Appears in 1 contract

Sources: Sponsorship Agreement

Transparency Obligations. 11.1 10.1 The Provider and the Organizing Agency declare declares that they are it is aware of the fact that the Company adheres to Confindustria Con- findustria Medical Devices and its Code of Ethics and is therefore subject to the obligation to document and make public the transfers of value made directly or indirectly towards health professionals, health organisations and third parties, in accordance accor- dance with para 4 of the Code of Ethics for Medical Devices, available here: ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇/codice-etico/. The transparency obligations mentioned above will automatically lapse when the public telematic register called “Sanità Trasparente” of the Law n. 62 of 31 May 2022 (the so-called “Sunshine Act”) comes into operation. In fact, in view of the implementation of Law n. 62/2022 (the so-called “Sunshine Act”), the Provider and the Organizing Agency are is committed to cooperate with the Company in order to enable the latter to comply with its legal transparency obliga- tionsobligations. In connection with the above, the Provider and the Organizing Agency Provid- er also undertake undertakes to comply with any and all transparency obligations incumbent upon them under the Sunshine Act and to indemnify and hold the Company harmless from any damage, any request or claim that should arise to the Company or com- panies companies of the Group from the failure to comply with these obligations by the Provider and/ or the Organizing AgencyProvider.

Appears in 1 contract

Sources: Sponsorship Agreement