Common use of BUSINESS CONDUCT AND ETHICS Clause in Contracts

BUSINESS CONDUCT AND ETHICS. a) BUYER expects all of its suppliers to maintain the highest standards of professionalism and integrity in the performance of all business dealings. All Work must be performed in an ethical manner and in accordance with Purchase Order requirements and specifications, and all applicable government laws and regulations. b) BUYER’s goal is to cultivate mutually beneficial and professional relationships with our suppliers. In doing so, it is imperative that BUYER and SELLER maintain an honest, objective and efficient procurement process. BUYER and SELLER must avoid actual and perceived improper conduct in all business dealings. Any situation that could impair objectivity, impartiality or the ability to make sound, ethical business decisions is a conflict of interest. Avoiding the appearance of a conflict of interest is as important as avoiding an actual conflict because others tend to judge a situation by what they perceive. c) BUYER may, by written notice to SELLER, terminate this Purchase Order for default if BUYER has reasonable cause to believe that SELLER has engaged in improper or unethical conduct such as, but not limited to, the offering or providing of gratuities or kickbacks by SELLER, or any agent or representative of SELLER, to any officer, employee or representative of BUYER with a view toward securing business or securing favorable treatment with respect to awarding, amending or the making of any determination with respect to the performance of this Purchase Order. d) SELLER shall not recruit, or induce, BUYER's permanent employees whose area of direct responsibility is related to this Order to become employees of SELLER during the term of this Order or for a period of twelve (12) months thereafter.

BUSINESS CONDUCT AND ETHICS. (a) BUYER expects all of its suppliers to maintain the highest standards of professionalism and integrity in the performance of all business dealings. All Work must be performed in an ethical manner and in accordance with Purchase Order requirements and specifications, and all applicable government laws and regulations. (b) BUYERXXXXX’s goal is to cultivate mutually beneficial and professional relationships with our suppliers. In doing so, it is imperative that BUYER and SELLER maintain an honest, objective and efficient procurement process. BUYER and SELLER must avoid actual and perceived improper conduct in all business dealings. Any situation that could impair objectivity, impartiality or the ability to make sound, ethical business decisions is a conflict of interest. Avoiding the appearance of a conflict of interest is as important as avoiding an actual conflict because others tend to judge a situation by what they perceive. (c) BUYER may, by written notice to SELLER, terminate this Purchase Order for default if BUYER has reasonable cause to believe that SELLER has engaged in improper or unethical conduct such as, but not limited to, the offering or providing of gratuities or kickbacks by SELLER, or any agent or representative of SELLER, to any officer, employee or representative of BUYER with a view toward securing business or securing favorable treatment with respect to awarding, amending or the making of any determination with respect to the performance of this Purchase Order. (d) SELLER shall not recruit, or induce, BUYER's permanent employees whose area of direct responsibility is related to this Order to become employees of SELLER during the term of this Order or for a period of twelve (12) months thereafter.