Common use of Exhibit D: NPCC Compliance Monitoring and Enforcement Clause in Contracts

Exhibit D: NPCC Compliance Monitoring and Enforcement. 303. Exhibit D to the NPCC Delegation Agreement adopts the pro forma Exhibit D (Uniform Compliance Program) without deviation, as it will apply within the United States. The NPCC Exhibit D also clarifies NPCC’s enforcement activities as they relate to Canada. Specifically, section 1.2 of the NPCC Exhibit D provides that NPCC’s “[c]ompliance monitoring and enforcement program will be implemented within the Canadian portion of [NPCC’s] geographic area, consistent with individual Canadian Provincial Memoranda of Understanding and Canadian laws.”173 304. In addition, the NPCC Exhibit D clarifies NPCC’s hearing procedures, relating to both the hearing body, i.e., the establishment of an NPCC compliance committee, and the operation and functions of NPCC compliance staff. The proposed clarification in section