Common use of Compliance with law and ethics Clause in Contracts

Compliance with law and ethics. When carrying out the activity supported by the grant, Recipient shall perform the activity in a proper, fair and balanced way and comply with all applicable laws, regulations, codes of practice, guidelines and industry standards, among others those related to bribery, corruption and unethical business practices. Recipient shall not give or receive bribes to obtain undue or improper advantage. Novo Nordisk contract parties may securely and confidentially report suspected misconduct through the Novo Nordisk compliance hotline, xxx.xxxxxxxxxxx.xxx/xxxxxxxxxxxxxxxxx Recipient shall inform its personnel about this compliance hotline where relevant. Novo Nordisk will not be responsible for any deviation or departure from relevant laws, standards, regulations and guidelines (“Deviations”) and Recipient will indemnify, defend and hold Novo Nordisk harmless against any claim or suit brought against Novo Nordisk due to such Deviations that are not due to any act or omission by Novo Nordisk.

Appears in 3 contracts

Samples: Grant Agreement, Grant Agreement, Grant Agreement

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Compliance with law and ethics. When carrying out the activity supported by the grantdonation, Recipient shall perform performs the activity in a proper, fair and balanced way manner and shall comply with all applicable laws, regulations, codes of practice, guidelines and industry standards, among others those related to bribery, corruption and unethical business practices. Recipient shall not give or receive bribes to obtain undue or improper advantage. Novo Nordisk contract parties may securely and confidentially report suspected misconduct through the Novo Nordisk compliance hotline, xxx.xxxxxxxxxxx.xxx/xxxxxxxxxxxxxxxxx Recipient shall inform its personnel about this compliance hotline where relevant. Novo Nordisk will not be responsible for any deviation or departure from relevant laws, standards, regulations and guidelines (“Deviations”) and Recipient will indemnify, defend and hold Novo Nordisk harmless against any claim or suit brought against Novo Nordisk due to such Deviations that are not due to any act or omission by Novo Nordisk.

Appears in 1 contract

Samples: Donation Agreement

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