Commercial Bribery Clause Samples

Commercial Bribery. Neither the Target Company nor its shareholders, directors, supervisors, senior management, employees, nor, to the best of the Transferors’ knowledge, any consultants or agents of the aforementioned parties have violated any Applicable Law concerning anti-commercial bribery and anti-unfair competition in the course of handling of the business of the Target Company.

Commercial Bribery. Bribery and corruption can also occur in non-Government, business to business relationships. Most countries have laws which prohibit offering, promising, giving, requesting, receiving, accepting, or agreeing to accept money or anything of value in exchange for an improper business advantage. Examples of prohibited conduct could include, but are not limited to, providing expensive gifts, lavish hospitality, kickbacks, or investment opportunities in order to improperly induce the purchase of goods or services. Pfizer colleagues are not permitted to offer, give, solicit or accept bribes, and we expect our Business Associates, and those acting on their behalf in connection with work for Pfizer, to abide by the same principles. Business Associates must communicate and abide by the following principles with regard to their interactions with private parties and Pfizer colleagues: Business Associates, and those acting on their behalf in connection with work for Pfizer, may not directly or indirectly make, promise, or authorize a corrupt payment or provide anything of value to any person to influence that person to provide an unlawful business advantage for Pfizer. Business Associates, and those acting on their behalf in connection with work for Pfizer, may not directly or indirectly, solicit, agree to accept, or receive a payment or anything of value as an improper incentive in connection with their business activities performed for Pfizer. Pfizer colleagues are not permitted to receive gifts, services, perks, entertainment, or other items of more than token or nominal monetary value from Business Associates, and those acting on their behalf in connection with work for Pfizer. Moreover, gifts of nominal value are only permitted if they are received on an infrequent basis and only at appropriate gift-giving occasions.

Commercial Bribery. None of Seller, the Company nor, to the Company’s Knowledge, any director, officer, agent, employee, other representative or Affiliate of Seller or the Company has, with respect to the Business, offered or promised to make any payment, transfer of value, gift, donation or undue pecuniary or other advantage (including rebates) whether directly or indirectly to any private individual or commercial entity (including employees, agents, directors and officers of such commercial entity) which had the object, effect or intention of public or commercial bribery (or could reasonably have been expected to have such object, effect or intention) in order to influence an official act, omission or decision that would assist Purchaser, Seller or the Company in obtaining or retaining business or in directing business to any other person or entity, except that would not, individually or in the aggregate, result in material liability to Seller or the Company with respect to the Business.

Commercial Bribery. None of the Company, Sellers, or, to the best of the Company’s and Sellers’ knowledge, any of the Company’s former or current officers, directors, employees, agents or representatives, has made, directly or indirectly, with respect to the business of the Company, any bribes or kickbacks, illegal political contributions, payments from corporate funds not recorded on the books and records of the Company, payments from corporate funds to governmental officials, in their individual capacities, for the purpose of affecting their action or the action of the government they represent, to obtain favorable treatment in securing business or licenses or to obtain special concessions, or illegal payments from corporate funds to obtain or retain business. Without limiting the generality of the foregoing, neither Sellers nor the Company has directly or indirectly made or agreed to make (whether or not said payment is lawful) any payment to obtain, or with respect to, sales other than usual and regular compensation to the Company’s employees and sales representatives with respect to such sales.

Commercial Bribery. Employees may not, directly or indirectly, offer, give, or authorize the offering or giving of a financial or other advantage or anything else of value to another person: (i) to induce that person to perform a relevant function or activity improperly; (ii) to reward that person for having performed a relevant function or activity improperly; or (iii) if the person’s acceptance of the payment or gift would itself constitute the improper performance of a relevant function or activity. Employees may not accept anything of value to perform their function improperly.

Commercial Bribery. To the Seller's knowledge, none of the Subsidiaries, nor any of their respective former or current officers, directors, employees, agents or representatives has made, directly or indirectly, with respect to any of the Subsidiaries, or their respective business activities, any bribes or kickbacks, illegal political contributions, payments from corporate funds not recorded on the books and records of any of the Subsidiaries (as the case may be), payments from corporate funds to governmental officials, in their individual capacities, for the purpose of affecting their action or the action of the government they represent, to obtain favorable treatment in securing business or licenses or to obtain special concessions, or illegal payments from corporate funds to obtain or retain business. Without limiting the generality of the foregoing, none of the Subsidiaries has directly or indirectly made or agreed to make (whether or not said payment is lawful) any payment to obtain, or with respect to, sales other than usual and regular compensation to its employees and sales representatives with respect to such sales.

Commercial Bribery. Wherein, employees or their immediate family members or other interested parties solicit, receive, offer, or give (whether given at fair value or otherwise) any unreported direct or indirect benefits, from the other party, outside the scope of the cooperation, including but not limited to: making deductions, hidden deductions, cash, shopping cards, physical objects, securities, travel, shares, bonuses, gift money, gifts, entertainment tickets, special discounts or samples, travel, catering, entertainment, cooperative business derived benefits or other material and non-material benefits paid by the supplier, or other activities that may affect the fair performance of duties.

Commercial Bribery. None of the Company, any of its Subsidiaries, or any director, officer, employee or, to the Knowledge of the Company or the Sellers, any agent, other representative and other Affiliate of the Company or any of its Subsidiaries has or will make, offer or promise to make any payment, transfer of value, gift, donation or undue pecuniary or other advantage (including rebates) whether directly or indirectly to any private individual or commercial entity (including employees, agents, directors and officers of such commercial entity) which have the object, effect or intention of public or commercial bribery (or could reasonably be expected to have such object, effect or intention).

Commercial Bribery. Bribery and corruption can also occur in non-Government, business to business relationships. Most countries have laws which prohibit offering, promising, giving, requesting, receiving, accepting, or agreeing to accept money or anything of value in exchange for an improper business advantage. Examples of prohibited conduct could include, but are not limited to, providing expensive gifts, lavish hospitality, kickbacks, or investment opportunities in order to improperly induce the purchase of goods or services. Pfizer colleagues are not permitted to offer, give, solicit or accept bribes, and we expect our Business Associates, and those acting on their behalf in connection with work for Pfizer, to abide by the same principles.  Business Associates, and those acting on their behalf in connection with work for Pfizer, may not directly or nepriamo vykonávať, sľubovať alebo schvaľovať vykonanie korupčnej platby, ani poskytnúť čokoľvek cenne úradnej osobe s cieľom tuto osobu primät, aby vykonala úradný úkon alebo rozhodnutie, ktoré spoločnosti Pfizer pomôže zaistiť' alebo udržať' zákazku. Obchodní partneri ani osoby jednajúce v ich mene v súvislosti s pracou pre spoločnosť' Pfizer nesmú nikdy úradnej osobe poskytnúť' platbu ani ponúknuť' žiadnu odmenu alebo výhodu akejkoľvek hodnoty, s cieľom nepatrične úradnú osobu primäť ku schváleniu, preplácaniu, predpísaniu, zakúpeniu, dodaniu, predaju alebo podaniu produktu Pfizer alebo ovplyvneniu výsledku klinickej štúdie či inému nepatričnému zvýhodneniu obchodnej činnosti spoločnosti Pfizer.  Pri vykonávaní činnosti pre spoločnosť' Pfizer musia obchodní partneri a osoby jednajúce v ich mene v spojení s pracou pre spoločnosť' Pfizer poznať' a dodržiavať' všetky miestne zákony, nariadenia alebo prevádzkové postupy (vrátane požiadaviek úradných inštitúcií, ako sú statne nemocnice alebo výskumné ústavy), ktoré stanovia limity vyššie, obmedzenia alebo požiadavky na zverejnenie odmien, finančnej podpory, príspevkov alebo darov poskytnutých úradným osobám. Ak si obchodný partner ▇▇▇ ▇▇ istý významom limitov, obmedzení alebo požiadaviek na zverejnenie alebo tým, ako sa vzťahujú na jednanie s úradnými osobami, musí sa poradiť' s primárnou kontaktnou osobou v spoločnosti Pfizer skôr, ako také jednanie zaháji.  Obchodní partneri a osoby jednajúce v ich mene v spojení s pracou pre spoločnosť' Pfizer nesmú ponúkať' odmeny za urýchlené vybavenie. ,,Odmena za urýchlené vybavenie" je platba zanedbateľnej čiastky úradnej osobe s cieľom...