Common use of Sanctioned Countries Clause in Contracts

Sanctioned Countries. 6.1 Institution confirms that neither the Institution, nor any of its officers, directors or employees, is an controlled by Persons that are: (a) listed on (i) any of the restricted party lists maintained by the U.S. Government, including the Specially Designated Nationals List and Foreign Sanctions Evaders List Office of Foreign Assets Controls, the Denied Parties List, Unverified List or Entity List maintained by the U.S. Department of Commerce Bureau of Industry and Security, and the List of Statutorily Debarred Parties maintained by the U.S. State Controls, (ii) the consolidated list of asset freeze targets designated by the United Nations, European Union, and United Kingdom, and any other applicable jurisdictions, or (iii) any other restricted party lists maintained by any governmental or non- governmental entity or agency (collectively, resident in a country or territory that is, or whose government is, the subject of Sanctions limitation, currently, Cuba, Iran, North Korea, Sudan, Syria, and the Crimea region. Institution shall immediately notify Medtronic if Institution, any parent, subsidiary, or Affiliate of Institution becomes listed on any Restricted Party List or located, organized or resident in a Sanctioned Country.

Sanctioned Countries. 6.1 Institution confirms that neither the Institution, nor any of its officers, directors or employees, is an owned or controlled by Persons that are: (a) listed on (i) any of the restricted party lists maintained by the U.S. Government, including the Specially Designated Nationals List and Foreign Sanctions Evaders List Office of Foreign Assets Controls, administered by the U.S. Department the Denied Parties List, Unverified List or Entity List maintained by the U.S. Department of Commerce Bureau of Industry and Security, and the List of Statutorily Debarred Parties maintained by the U.S. State Defense Trade Controls, (ii) the consolidated list of asset freeze targets designated by the United Nations, European Union, and United Kingdom, and any other applicable jurisdictions, or (iii) any other restricted party lists maintained by any governmental or non- non-governmental entity or agency (collectivelylocated, organized or resident in a country or territory that is, or whose government is, the subject of Sanctions including without limitation, currently, Cuba, Iran, North Korea, Sudan, Syria, and the Crimea region. Institution shall immediately notify Medtronic if Institution, any parent, subsidiary, or Affiliate of Institution becomes listed on any Restricted Party List or located, organized or resident in a Sanctioned Country.