Compliance with Antitrust Laws. It is the policy of the Company to comply with all applicable federal and state antitrust laws, including trade regulation laws, and it is expected that all of the officers and employees of the Company or its Affiliates will likewise comply. The failure to comply with applicable antitrust laws may subject the Company or its Affiliates and/or the individuals involved to criminal and civil penalties, including substantial fines and imprisonment, treble damage liability, injunctions or other court orders adversely affecting the operation of the business of the Company or its Affiliates, and the high cost of defending an antitrust case. The Company's General Counsel at Company Headquarters coordinates the handling of the legal affairs of the Company or its Affiliates. His staff is always available for consultation with respect to compliance with the antitrust laws. In addition, special legal counsel will be furnished, if To the extent it is legally able to do so, the Company shall be prepared to accept and/or defend any individual who has acted in good faith upon the advice of the Company's General Counsel, but who nevertheless has become involved in antitrust proceedings in the course of his employment by the Company or its Affiliates. Any individual who has violated the antitrust laws or is convicted of doing so shall be subject to appropriate disciplinary action, including dismissal, if such individual acted without seeking the advice of the Company's General Counsel or acted contrary to his advice.
Appears in 1 contract
Samples: Executive Transition Employment Agreement (Century Parking Inc)
Compliance with Antitrust Laws. It is the policy of the Company to comply with all applicable federal and state antitrust laws, including trade regulation laws, and it is expected that all of the Company's officers and employees of the Company or its Affiliates will likewise comply. The failure to comply with applicable antitrust laws may subject the Company or its Affiliates and/or the individuals involved to criminal and civil penalties, including substantial fines and imprisonment, treble travel damage liability, injunctions or other court orders adversely affecting the operation of the business of the Company or its AffiliatesCompany's business, and the high cost of defending an antitrust case. The Company's General Counsel at Company Corporate Headquarters coordinates the handling of the Company's legal affairs of the Company or its Affiliatesaffairs. His staff is always available for consultation with respect to compliance with the antitrust laws. In addition, special legal counsel will be furnished, if required. No officer or employee is authorized to take any action which the General Counsel has advised would constitute a violation of the antitrust laws. To the extent it is legally able to do so, the Company shall be prepared to accept assist and/or defend any individual who has acted in good faith upon the advice of the Company's General Counsel, but who nevertheless has become involved in antitrust proceedings in the course of his employment by the Company or its Affiliatesemployment. Any individual who has violated the antitrust laws or is convicted of so doing so shall be subject to appropriate disciplinary action, including dismissal, if such individual acted without seeking the advice of the Company's General Counsel or acted contrary to his advice.
Appears in 1 contract
Samples: Management Employment Agreement (Standard Parking Ii LLC)
Compliance with Antitrust Laws. It is the policy of the Company to comply with all applicable federal and state antitrust laws, including trade regulation laws, and it is expected that all of the officers and employees of the Company or its Affiliates will likewise comply. The failure to comply with applicable antitrust laws may subject the Company or its Affiliates and/or the individuals involved to criminal and civil penalties, including substantial fines and imprisonment, treble damage liability, injunctions or of other court orders adversely affecting the operation of the business of the Company or its Affiliates, and the high cost of defending an antitrust case. The Company's General Counsel at Company Headquarters coordinates the handling of the legal affairs of the Company or its Affiliates. His staff is always available for consultation with respect to compliance with the antitrust laws. In addition, special legal counsel will be furnished, if required. No officer or employee of the Company or its Affiliates is authorized to take any action which the Company's General Counsel has previously advised would constitute a violation of the antitrust laws. To the extent it is legally able to do so, the Company shall be prepared to accept and/or defend any individual who has acted in good faith upon the advice of the Company's General Counsel, but who nevertheless has become involved in antitrust proceedings in the course of his employment by the Company or its Affiliates. Any individual who has violated the antitrust laws or is convicted of so doing so shall be subject to appropriate disciplinary action, including dismissal, if such individual acted without seeking the advice of the Company's General Counsel or acted contrary to his advice.
Appears in 1 contract
Samples: Executive Employment Agreement (Standard Parking Ii LLC)
Compliance with Antitrust Laws. It is the policy of the Company to comply with all applicable federal and state antitrust laws, including trade regulation laws, and it is expected that all of the Company’s officers and employees of the Company or its Affiliates will likewise comply. The failure to comply with applicable antitrust laws may subject the Company or its Affiliates and/or the individuals involved to criminal and civil penalties, including substantial fines and imprisonment, treble travel damage liability, injunctions or other court orders adversely affecting the operation of the business of the Company or its AffiliatesCompany’s business, and the high cost of defending an antitrust case. The Company's General Counsel at Company Corporate Headquarters coordinates the handling of the Company’s legal affairs of the Company or its Affiliatesaffairs. His staff is always available for consultation with respect to compliance with the antitrust laws. In addition, special legal counsel will be furnished, if required. No officer or employee is authorized to take any action which the General counsel has advised would constitute a violation of the antitrust laws. To the extent it is legally able to do so, the Company shall be prepared to accept assist and/or defend any individual who has acted in good faith upon the advice of the Company's General Counsel, but who nevertheless has become involved in antitrust proceedings in the course of his employment by the Company or its Affiliatesemployment. Any individual who has violated the antitrust laws or is convicted of so doing so shall be subject to appropriate disciplinary action, including dismissal, if such individual acted without seeking the advice of the Company's General Counsel or acted contrary to his advice.
Appears in 1 contract
Samples: Management Employment Agreement (Apcoa Standard Parking Inc /De/)
Compliance with Antitrust Laws. It is the policy of the Company to comply with all applicable federal and state antitrust laws, including trade regulation laws, and it is expected that all of the officers and employees of the Company or its Affiliates will likewise comply. The failure to comply with applicable antitrust laws may subject the Company or its Affiliates and/or the individuals involved to criminal and civil penalties, including substantial fines and imprisonment, treble damage liability, injunctions or other court orders adversely affecting the operation of the business of the Company or its Affiliates, and the high cost of defending an antitrust case. The Company's General Counsel at Company Headquarters coordinates the handling of the legal affairs of the Company or its Affiliates. His staff is always available for consultation with respect to compliance with the antitrust laws. In addition, special legal counsel will be furnished, if required. No officer or employee of the Company or its Affiliates is authorized to take any action which the Company's General Counsel has previously advised would constitute a violation of the antitrust laws. To the extent it is legally able to do so, the Company shall be prepared to accept and/or defend any individual who has acted in good faith upon the advice of the Company's General Counsel, but who nevertheless has become involved in antitrust proceedings in the course of his employment by the Company or its Affiliates. Any individual who has violated the antitrust laws or is convicted of so doing so shall be subject to appropriate disciplinary action, including dismissal, if such individual acted without seeking the advice of the Company's General Counsel or acted contrary to his advice.
Appears in 1 contract
Samples: Executive Employment Agreement (Standard Parking Ii LLC)