Common use of Purchase or Establishment of New Unit or Location Clause in Contracts

Purchase or Establishment of New Unit or Location. In the event that, after the Effective Date, AstraZeneca purchases or establishes a new business unit or location related to Promotional Functions or Product Related Functions, AstraZeneca shall notify OIG no later than five days after the date that the purchase or establishment is publicly disclosed by AstraZeneca. This notification shall include the address of the new business unit or location, phone number, fax number, Federal health care program provider or supplier number (if applicable), and the name and address of the contractor that issued each number (if applicable). Each new business unit or location and all Covered Persons at each new business unit or location shall be subject to the applicable requirements of this CIA. In the event that AstraZeneca purchases or merges with any entity that will result in the addition of a significant number of new Covered Persons, AstraZeneca shall consult with OIG regarding a plan and timeline for implementing the CIA requirements with respect to those new Covered Persons.

Appears in 2 contracts

Sources: Corporate Integrity Agreement, Corporate Integrity Agreement