Common use of Consultant’s Business Conduct Clause in Contracts

Consultant’s Business Conduct. The Consultant warrants that the Consultant will conduct the business and other activities in a manner which is lawful and reputable and which brings good repute to the Companies, the Business interests and the Consultant. In particular, and in this regard, the Consultant specifically warrants to provide the General Services in a sound and professional manner such that the same meets superior standards of performance quality within the standards of the industry or as set by the specifications of the Companies. In the event that either of the Companies has a reasonable concern that the business as conducted by the Consultant is being conducted in a way contrary to law or is reasonably likely to bring disrepute to the Business interests or to the Companies’ or the Consultant’s reputation, the Companies may require that the Consultant make such alterations in the Consultant’s business conduct or structure, whether of management or Board representation or Consultant or sub-licensee representation, as the Board of Directors may reasonably require, in its sole and absolute discretion, failing which the Company, in its sole and absolute discretion, may terminate this Agreement upon 30 calendar days’ prior written notice to the Consultant. In the event of any debate or dispute as to the reasonableness of the Board of Directors of the Company’s request or requirements, the judgment of the Board of Directors will be deemed correct until such time as the matter has been determined by arbitration in accordance with Error! Reference source not found. herein.

Consultant’s Business Conduct. The Consultant warrants that the Consultant will conduct the business and other activities in a manner which is lawful and reputable and which brings good repute to the Companies, the Business interests and the Consultant. In particular, and in this regard, the Consultant specifically warrants to provide the General Services in a sound and professional manner such that the same meets superior standards of performance quality within the standards of the industry or as set by the specifications of the Companies. In the event that either of the Companies has a reasonable concern that the business as conducted by the Consultant is being conducted in a way contrary to law or is reasonably likely to bring disrepute to the Business interests or to the Companies’ or the Consultant’s reputation, the Companies may require that the Consultant make such alterations in the Consultant’s business conduct or structure, whether of management or Board representation or Consultant or sub-licensee representation, as the Board of Directors may reasonably require, in its sole and absolute discretion, failing which the Company, in its sole and absolute discretion, may terminate this Agreement upon 30 calendar days’ prior written notice to the Consultant. In the event of any debate or dispute as to the reasonableness of the Board of Directors of the Company’s request or requirements, the judgment of the Board of Directors will be deemed correct until such time as the matter has been determined by arbitration in accordance with Error! Reference source not found. hereinarbitration.

Consultant’s Business Conduct. The Consultant warrants that the Consultant will conduct the business and other activities in a manner which is lawful and reputable and which brings good repute to the Companies, the Business interests and the Consultant. In particular, and in this regard, the Consultant specifically warrants to provide the General Services in a sound and professional manner such that the same meets superior standards of performance quality within the standards of the industry or as set by the specifications of the Companies. In the event that either of the Companies has a reasonable concern that the business as conducted by the Consultant is being conducted in a way contrary to law or is reasonably likely to bring disrepute to the Business interests or to the Companies’ or the Consultant’s reputation, the Companies may require that the Consultant make such alterations in the Consultant’s business conduct or structure, whether of management or Board representation or Consultant or sub-licensee representation, as the Board of Directors may reasonably require, in its sole and absolute discretion, failing which the Company, in its sole and absolute discretion, may terminate this Agreement upon 30 calendar days’ prior written notice to the Consultant. In the event of any debate or dispute as to the reasonableness of the Board of Directors of the Company’s request or requirements, the judgment of the Board of Directors will be deemed correct until such time as the matter has been determined by arbitration in accordance with Error! Reference source not found. 6.7 herein.

Consultant’s Business Conduct. The Consultant warrants that the Consultant will shall conduct the business and other activities in a manner which is lawful and reputable and which brings good repute to the Companies, the Business interests and the Consultant. In particular, and in this regard, the Consultant specifically warrants to provide the General Services in a sound and professional manner such that the same meets superior standards of performance quality within the standards of the industry or as set by the specifications of the Companies. In the event that either of the Companies has a reasonable concern that the business as conducted by the Consultant is being conducted in a way contrary to law or is reasonably likely to bring disrepute to the Business interests or to the Companies’ or the Consultant’s reputation, the Companies may require that the Consultant make such alterations in the Consultant’s business conduct or structure, whether of management or Board representation or Consultant employee or sub-licensee representation, as the Board of Directors may reasonably require, in its sole and absolute discretion, failing which the Company, in its sole and absolute discretion, may terminate this Agreement upon 30 calendar days’ prior written notice to the Consultant. In the event of any debate or dispute as to the reasonableness of the Board of Directors of the Company’s request or requirements, the judgment of the Board of Directors will shall be deemed correct until such time as the matter has been determined by arbitration in accordance with Error! Reference source not found. hereinArticle “8” hereinbelow.