Common use of Further Policies and Procedures Clause in Contracts

Further Policies and Procedures. The Company shall abide by any other policies and procedures adopted by the Board. The Parties shall take all appropriate action to cause the Board of Directors to adopt standards of conduct and business practices in conformity with the laws and regulations of the PRC and those standards applied by Party B and its Affiliates on a world-wide basis, including such laws and regulations of the United States of America which apply to Party B’s operations outside the United States of America, provided that they do not conflict with (although they may be in addition to what is required by) the laws and regulations of the PRC. The Company shall at all times comply with the FCPA including, without limitation, the accounting and recordkeeping provisions thereof. Upon the occurrence of any material breach of the preceding sentence and at all times thereafter, in addition to any other remedies that Party B may have under law or under this Agreement, Party B shall be entitled to dismiss the General Manager of the Company, in which case a replacement General Manager shall be nominated and appointed in accordance with Articles 15.1(a) and 14.7(p).

Further Policies and Procedures. The Company shall abide by any other policies and procedures adopted by the Board. The Parties shall take all appropriate action to cause the Board of Directors to adopt standards of conduct and business practices in conformity with the laws and regulations of the PRC and those standards applied by Party B and its Affiliates on a world-wide basis, including such laws and regulations of the United States of America which apply to Party B’s operations outside the United States of America, provided that they do not conflict with (although they may be in addition to what is required by) the laws and regulations of the PRC. The Company shall at all times comply with the FCPA U.S. Foreign Corrupt Practices Act including, without limitation, the accounting and recordkeeping provisions thereof. Upon the occurrence of any material breach of the preceding sentence and at all times thereafter, in addition to any other remedies that Party B may have under law or under this AgreementJoint Venture Contract, Party B shall be entitled to dismiss the General Manager of the Company, in which case a replacement General Manager shall be nominated and appointed in accordance with Articles 15.1(a5.1(a) and 14.7(p4.7(p).