Common use of Monitoring and Testing Clause in Contracts

Monitoring and Testing. The Company will conduct periodic reviews and testing of its compliance code, policies, and procedures designed to evaluate and improve their effectiveness in preventing and detecting violations of federal law and the Company’s code, policies, and procedures, taking into account relevant developments in the field and evolving international and industry standard.

Appears in 1 contract

Sources: Plea Agreement

Monitoring and Testing. The Company will conduct periodic reviews and testing of its compliance code, policies, and procedures designed to evaluate and improve their effectiveness in preventing and detecting violations of the federal law securities fraud laws, federal laws relating to the Company’s relationships and transactions with health care providers, and the Company’s corresponding code, policies, and procedures, taking into account relevant developments in the field and evolving international and industry standardstandards.

Appears in 1 contract

Sources: Deferred Prosecution Agreement (Arthrocare Corp)

Monitoring and Testing. The Company will conduct periodic reviews and testing of its health care compliance code, policies, and procedures designed to evaluate and improve their the effectiveness of such codes, policies, and procedures in preventing and detecting violations of federal law and health care laws as well as violations of the Company’s health care compliance code, policies, and procedures, taking into account relevant developments in the field and evolving international regulatory and industry standardstandards.

Appears in 1 contract

Sources: Deferred Prosecution Agreement