Common use of Additional Requirements under Applicable Law Clause in Contracts

Additional Requirements under Applicable Law. If required by applicable law, Company shall implement additional procedures or other requirements, and the Parties agree that they will negotiate an equitable adjustment to the contract to compensate Company for additional costs it may incur thereby. Company further agrees that, if otherwise reasonably requested by Client or otherwise recommended by a third party auditor (but not required by law), that Company implement additional procedures or other security measures or requirements, then Company will implement, at Client’s cost and expense, and will assist Client and its third party contractors, as necessary, to implement, such additional procedures or other requirements.