Compliance with company policies

The "Compliance with Company Policies" clause typically requires employees, contractors, or partners to adhere to the organization's established policies, procedures, and ethical standards as a condition of their engagement. This clause ensures that all parties are aware of and agree to follow the rules and guidelines intended to maintain a safe, lawful, and cohesive working environment.

9 Compliance with company policies examples

  • Description
    The amounts payable under this Section IV.B.2 shall be in addition to Executive’s earned wages through the date her employment is terminated from the Company, her accrued but unused vacation, reimbursements of her outstanding expenses incurred and submitted in compliance with Company policies and any other portion of her compensation earned through the termination date, if any.
    Document
    NovaBay Pharmaceuticals, Inc. (NBY)
  • Description
    4.Employee’s receipt of Severance Pay is expressly conditioned on Employee’s continued compliance with Company policies and expectations of positive support and a smooth transition. It is further expressly conditioned on execution of the Release and Employee acknowledges that he is otherwise not entitled to such financial consideration. The Release will set out the relevant deadlines and payment obligations, which will be consistent with the Executive Change in
    Document
    Lyft, Inc. (LYFT)
  • Description
    Compliance with Company Policies Every employee, officer and director is expected to comply with all Company policies and rules as in effect from time to time. You are expected to familiarize yourself with such policies.
    Document
    Summit Therapeutics Inc. (SMMT)
  • Description
    You understand and agree that during the period between your Transition Date to Separation Date, you will remain in compliance with Company policies and procedures, and in compliance with this Letter Agreement and your other written agreements with the Company. Your employment will remain at will, and thus your employment may be modified or terminated with or without cause or notice, subject to the terms of this Letter Agreement.
    Document
    Altice USA, Inc. (ATUS)
  • Description
    Compliance with Company Policies: You agree, as a condition to your employment, to abide by all Tenet Human Resources and other policies, procedures, rules and regulations currently in effect or that may be adopted from time to time, including the Tenet Standards of Conduct. To the extent that any such policies, rules or regulations, or any benefit plans in which you are a participant, conflict with the terms of this letter, the actual terms of those policies or plans shall control.
    Document
    TENET HEALTHCARE CORP (THC)
  • Description
    Compliance with Company Policies: You agree, as a condition to your employment, to abide by all Tenet Human Resources and other policies, procedures, rules and regulations currently in effect or that may be adopted from time to time, including the Tenet Standards of Conduct. To the extent that any such policies, rules or regulations, or any benefit plans in which you are a participant, conflict with the terms of this letter, the actual terms of those policies or plans shall control.
    Document
    TENET HEALTHCARE CORP (THC)
  • Description
    Description   Additional criteria Senior Executives Senior members of the management team (executive level) with significant impact on the bottom line and/or future growth of the Company Group.   Superior performance. Consistently delivers results over time. Ethical conduct. Adherence to and compliance with Company Policies.
    Document
    CORPORACION AMERICA AIRPORTS S.A. (CAAP)
  • Description
    Compliance with Company Policies. As a condition of your employment, you will be required to read and comply with our Code of Conduct (available at www.nvidia.com/ir) and personnel policies.
    Document
    NVIDIA CORP (NVDA)
  • Description
    Among other requirements, the Advance Notice Provisions provide that: (i) a stockholder must provide to the secretary of the Company timely notice of any business, including director nominations, proposed to be brought before the annual or special meeting, which notice must conform to the substantive requirements set forth in the Restated Bylaws; (ii) a stockholder must deliver certain information regarding the person making the proposal, and in the case of any nominee for election to the Board, information regarding such nominee, in each case as set forth in the Restated Bylaws, and update and supplement such information as required; and (iii) any nominee for election to the Board must provide both a written questionnaire regarding such nominee’s background and qualifications, and a written representation and agreement regarding voting commitments, indemnification or similar arrangements and compliance with Company policies applicable to members of the Board.
    Document
    NeuBase Therapeutics, Inc.

What is compliance with company policies?

Compliance with company policies refers to the adherence and alignment of individual and organizational actions with the rules, regulations, and guidelines set forth by a company. These policies are designed to provide a framework for behavior and decision-making that aligns with the company’s values, objectives, and legal requirements.

When should I use compliance with company policies?

You should emphasize compliance with company policies in situations where:

  • Onboarding new employees: Ensuring that new hires understand and commit to following company policies.
  • Conducting regular training: Providing ongoing education about any updates or specifics of the policies.
  • Performance reviews: Evaluating an employee’s adherence to company policies as part of their performance metrics.
  • Policy updates: Communicating changes or updates to existing policies to ensure ongoing compliance.
  • Handling grievances or infractions: Addressing issues when an employee is found to be non-compliant with policy expectations.

How do I write compliance with company policies?

When drafting sections related to compliance with company policies, clarity and specificity are crucial. Here’s an approach you could use:

  1. Introduction: Provide an overview of the importance of policy compliance.
  2. Scope: Define who and what parts of the company the policies apply to.
  3. Expectations: Clearly outline what is expected of employees in terms of behavior and actions.
  4. Accountability: Specify the mechanisms for monitoring compliance and the consequences of non-compliance.
  5. Resources and Support: Offer information on where employees can get help or further clarification on policies.

Example:

Compliance with Company Policies

Compliance with company policies is mandatory for all employees and contractors. Adhering to these guidelines ensures a respectful and productive work environment. Employees are expected to familiarize themselves with and adhere to all relevant policies. The Human Resources department is available for assistance in understanding our policies. Non-compliance may result in corrective action up to and including termination.

Which contracts typically contain compliance with company policies?

The compliance with company policies clause is often included in the following contracts:

  • Employment contracts: Standard inclusion to ensure employees agree to adhere to company policies.
  • Vendor or supplier agreements: Ensures external parties comply with policies related to ethical sourcing, conduct, and confidentiality.
  • Consultancy agreements: Requires consultants to follow company policies, particularly in areas like non-disclosure and intellectual property.
  • Non-disclosure agreements (NDAs): May include specific company policies related to confidentiality and proprietary information handling.

By including compliance clauses, businesses protect their interests and ensure uniform adherence to their established standards across all interactions.

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