APPLICATION OF POLICIES AND LAWS Sample Clauses

The 'Application of Policies and Laws' clause establishes that the agreement and the parties' actions under it must comply with all relevant laws, regulations, and internal company policies. In practice, this means that both parties are required to adhere to applicable legal requirements and any organizational rules that govern their conduct, such as data protection laws or anti-bribery policies. This clause ensures that the contract operates within legal boundaries and helps prevent unlawful or non-compliant behavior, thereby reducing legal risk for all parties involved.