Common use of Compliance with Law and Company Policy Clause in Contracts

Compliance with Law and Company Policy. Consultant represents that he is familiar with the safety and health rules of the Company and its subsidiaries. Consultant shall comply with all applicable safety and health rules, and policies, procedures and codes of conduct of the Company and its subsidiaries, together with all applicable federal, state or local safety and health laws, rules, regulations or orders in which the Company and its subsidiaries do business. Consultant acknowledges that he has been provided copies of, and has read and understands the Company’s Code of Business Conduct and Ethics (the “Code”) and the Company’s Compliance Manual, and Consultant agrees: (a) to comply with all policies of the Company and its subsidiaries, including, without limitation, the Code and the Compliance Manual; (b) to comply with all applicable laws and regulations, including, without limitation, the laws and regulations of the United States and Venezuela; and (c) to promptly report as provided in the Code any violation or suspected violation of any law, regulation or Company policy. This clause will not require the Company to police Consultant’s compliance with the Code, laws, regulations or company policies and shall not impose any obligation on the part of the Company or its affiliates under such laws, regulations or Company policies. Nothing contained in this provision shall be interpreted as enlarging the legal duty of the Company or its affiliates to Consultant or alter the status of Consultant as set forth in this Agreement. The preceding paragraphs of this provision are agreed to by both the Company and Consultant to be of the highest importance. A breach or violation of any of the terms of this provision by Consultant will be considered to be a material breach of this Agreement.