Common use of ADMINISTRATIVE LIABILITY Clause in Contracts

ADMINISTRATIVE LIABILITY. The TRADER declares that it knows, and undertakes to comply with Anti-Corruption Laws, the Code of Ethics and the “231 Model” of Snam Rete Gas S.p.a. (available for consultation and printing at the website xxx.xxxxxxxxxxx.xx) and SNAM’s “Anti-corruption Procedure” (available for consultation and printing at the website xxx.xxxx.xx). With reference to the execution of the activities of the present Agreement, the TRADER undertakes: a. to refrain from giving or promising money, commissions, emoluments and other utilities to directors, statutory auditors, employees or contractors of Snam and/or Subsidiaries, including gifts, entertainment, trips or any other type of benefit, including non-pecuniary ones, beyond the limits allowed by the Code of Ethics of Snam Rete Gas S.p.A. and by the SNAM “Anti-corruption Procedure”; b. in any case to communicate without delay any request or attempted request or transfer or promise of what is indicated in (a) above, regardless of any assessment of compliance with the Code of Ethics of Snam Rete Gas S.p.A. and with the SNAM “Anti-corruption Procedure”; c. to refrain from reaching agreements directly with SNAM Group Personnel or their Family-members or companies related to them. Such notices shall be addressed to the electronic mail box xxxxxxxxxxxx@xxxx.xx

ADMINISTRATIVE LIABILITY. The TRADER THIRD PARTY EXCHANGE declares that it knows, and undertakes to comply with Anti-Corruption Laws, the Code of Ethics and the “231 Model” of Snam Rete Gas S.p.a. (available for consultation and printing at the website xxx.xxxxxxxxxxx.xx) and SNAM’s “Anti-corruption Procedure” (available for consultation and printing at the website xxx.xxxx.xx). With reference to the execution of the activities of the present Agreement, the TRADER THIRD PARTY EXCHANGE undertakes: a. to refrain from giving or promising money, commissions, emoluments and other utilities to directors, statutory auditors, employees or contractors of Snam and/or Subsidiaries, including gifts, entertainment, trips or any other type of benefit, including non-pecuniary ones, beyond the limits allowed by the Code of Ethics of Snam Rete Gas S.p.A. and by the SNAM “Anti-corruption Procedure”; b. in any case to communicate without delay any request or attempted request or transfer or promise of what is indicated in (a) above, regardless of any assessment of compliance with the Code of Ethics of Snam Rete Gas S.p.A. and with the SNAM “Anti-corruption Procedure”; c. to refrain from reaching agreements directly with SNAM Group Personnel or their Family-members or companies related to them. Such notices shall be addressed to the electronic mail box xxxxxxxxxxxx@xxxx.xx