Examples of Affiliated Operations in a sentence
The Company is not permitted to engage in Affiliated Operations that are not duly authorized and must follow the terms of the approved AOP.
The AOP is the Company’s consolidated policies and procedures, signed by the Chairman of the GSC, regarding the control of Affiliated Operations among the Company (or any of its Controlled Entities) and any of the Affiliates.
In the Company’s Annual Compliance Report described in Article 9, the GSC must certify the effective execution the terms of the Affiliated Operations as described in the AOP and that the Affiliated Operations do not circumvent the requirements of this Agreement.
Commercial Arrangements are a category of Affiliated Operations that includes commercially arm’s length transactions in the form of contracts and subcontracts, joint research, development, marketing or other type of teaming arrangement between the Company (or any Controlled Entity) and any Affiliate.
The term Affiliated Operations also includes that category of valuable products or services provided other than in a Commercial Arrangement by an Affiliate to the Company (or any of its Controlled Entities) or by the Company (or any of its Controlled Entities) to any Affiliate.
Shared third-party services are a category of Affiliated Operations where to the knowledge of the Company a service (e.g., a professional service such as accounting, legal, tax, information technology, or business consulting) will be provided by a third party service provider to both the Company or any of its Controlled Entities and any of the Affiliates.
The GSC must ensure the company develop and implement a detailed FOCI compliance program to include the following: Technology Control Plan (TCP) Electronic Control Plan (ECP) Affiliated Operations Plan (AOP) Facility Location Plan (FLP)The GSC is required to develop and oversee the Visitation Policy/Procedures.
In addition to these responsibilities the Proxy Holders and Voting Trustees have other requirements outlined in their Proxy Agreement and Voting Trust Agreement that are unique.* Affiliated Services may also be called Affiliated Operations.
The Affiliated Operations Plan (AOP) is a requirement for FOCI mitigated companies when they enter into operational relationships with their Affiliates.Business functions or teaming arrangements with affiliates of a FOCI mitigated company are not authorized unless approved by the Government Security Committee or GSC (GSC will be discussed later) and DSS in advance.
Shared third-party services are a category of Affiliated Operations where to the knowledge of the Company a service (e.g., a professional service such as accounting, legal, tax, information technology, or business consulting) will be provided by a third party service provider to both the Company (or any of its Controlled Entities) and any Affiliate.