Common use of Corporate Responsibility Clause in Contracts

Corporate Responsibility. 23.1. Business practice – legal compliance The Supplier will carry on its activities in compliance with the principle of transparency and in strict accordance with applicable domestic and international legal standards. In particular: • the Supplier prohibits any actions liable to falsify or distort free competition or market access or infringe the applicable legal rules in this field; • the Supplier rejects any form of active or passive corruption in domestic or international transactions covered by the OECD Convention dated 17 December 1997; • the Supplier refrains from any practice leaning towards interesting, either directly or indirectly, the colleagues of the Company or the Company’s customers with whom it is on business terms, in developing its commercial relations, personally or in whatever shape or form (gifts in cash or in kind, in the form of goods or services, discounts, rebates, financial contributions participation for free or in return for payment); and • the Supplier refrains from participating in any form of financing political parties or activities even if authorized under local legislation.