Common use of Compliance with Institutional Policies Clause in Contracts

Compliance with Institutional Policies. The Company recognizes that, as a member of the medical staff of the Institution, the Consultant is responsible for ensuring that any consulting agreement the Consultant enters into with a for-profit entity is not in conflict with the patent, ownership of inventions, consulting or other policies of the Institution, and the Consultant represents and warrants that the Consultant has determined that this Agreement complies with all such Institution policies. If the Consultant is required by the Institution to disclose to it any proposed agreements, the Consultant represents that he has made such disclosure and obtained any necessary formal approvals of this Agreement by the Institution.