Common use of Ethical and Environmental Standards Clause in Contracts

Ethical and Environmental Standards. Each Member shall ----------------------------------- ensure that all actions on its behalf in connection with the Company are in compliance with the highest ethical standards. In particular, each party shall ensure that no money or anything of value (such as a bribe or kickback) is offered, given or authorized to be given, directly or indirectly, to a customer or government official to influence or reward action or inaction with regard to the Company. GEOSP shall have the right to cause an environmental baseline study to be prepared, at the Company's cost, for any facilities to be used by the Company.

Ethical and Environmental Standards. Each Member shall ----------------------------------- ensure that all actions on its behalf in connection with the Company are in compliance with the highest ethical standards. In particular, each party shall ensure that no money or anything of value (such as a bribe or kickback) is offered, given or authorized to be given, directly or indirectly, to a customer or government official to influence or reward action or inaction with regard to the Company. GEOSP GEMG shall have the right to cause an environmental baseline study to be prepared, at the Company's cost, for any facilities to be used by the Company.