Common use of Parent Policies Clause in Contracts

Parent Policies. The Company and Principal Shareholders acknowledge --------------- that Parent has implemented policies regarding the operation of subsidiary entities such as the Company will be following the Merger. The Company and Principal Shareholders acknowledge and agree that such policies, or any such amended or replacement policies that are reasonably similar in scope, nature or effect, are anticipated to be in place following the Merger, and the Company and Principal Shareholders hereby indicate their intention to act in substantial compliance with all such policies. Such policies shall not provide for Parent overhead allocations from Parent to Company or Sub, unless otherwise agreed in advance by the parties.

Parent Policies. The Company and Principal Shareholders Company Stockholders acknowledge --------------- that Parent has implemented policies regarding the operation of subsidiary entities such as the Company will be following the Merger. The Company and Principal Shareholders Company Stockholders acknowledge and agree that such policies, or any such amended or replacement policies that are reasonably similar in scope, nature or effect, are anticipated to be in place following the Merger, and the Company and Principal Shareholders Company Stockholders hereby indicate their intention to act in substantial compliance with all such policies. Such policies shall not provide for Parent overhead allocations from Parent to Company or Sub, unless otherwise agreed in advance by the partiesCompany Stockholders.

Parent Policies. The Company and Principal Shareholders acknowledge --------------- that Parent has implemented policies regarding the operation of subsidiary entities such as the Company will be following the Merger, a copy of which policies has been provided to the Principal Shareholder. The Company and Principal Shareholders acknowledge and agree that such policies, or any such amended or replacement policies that are reasonably similar in scope, nature or effect, are anticipated to be in place following the Merger, and the Company and Principal Shareholders hereby indicate their intention to act in substantial compliance with all such policies. Such policies shall not provide for Parent overhead allocations from Parent to Company or Sub, unless otherwise agreed in advance by the parties.

Parent Policies. The Company and Principal Shareholders acknowledge --------------- that Parent has implemented policies regarding the operation of subsidiary entities such as the Company will be following the Merger. The Company and Principal Shareholders acknowledge and agree that such policies, or any such amended or replacement policies that are reasonably similar in scope, nature or effect, are anticipated to be in place following the Merger, and the Company and Principal Shareholders hereby indicate their intention to act in substantial compliance with all such policiespolicies subject to the provisions of Section 5.19 hereof. Such policies shall not provide for Parent overhead allocations from Parent to Company or Sub, unless otherwise agreed in advance by the parties.