Common use of Ethical Behavior Clause in Contracts

Ethical Behavior. The parties will not offer or pay any bribe or any improper benefit, direct or indirect, to any individual, public servant, or corporation and will act in conformity with the United States Foreign Corrupt Practices Act (“FCPA”) or such other similar laws in any relevant jurisdiction. Without limiting the generality of Customer’s obligation to comply with the FCPA, with respect to foreign (non-U.S.) business, Customer will not take any act in furtherance of directly or indirectly (through a third party or otherwise) paying, promising to pay, gifting, promising to give, or authorizing the giving of anything of value to any foreign official, foreign political party (or one of its officials), or candidate for foreign political office, for the purpose of securing any improper advantage in order to assist in obtaining or retaining business for or with, or directing business to, any person by: influencing any act or decision in that entity’s official capacity; inducing a foreign official to, or omit to do, any act in violation of the official’s lawful duty; inducing that entity to use its influence with a foreign government or instrumentality of a foreign government to affect or influence any act or decision of the government or instrumentality. Customer will immediately inform Microchip if it has, or believes it may have, failed to comply with, this provision.

Ethical Behavior. The parties will not offer or pay any bribe or any improper benefit, direct or indirect, to any individual, public servantpublicservant, or corporation and will act in conformity with the United States Foreign Corrupt Practices Act (“FCPA”) or such other suchother similar laws in any relevant jurisdiction. Without limiting the generality of Customer’s obligation to obligationto comply with the FCPA, with respect to foreign (non-U.S.) business, Customer will not take any act in furtherance of directly or indirectly (through a third party or partyor otherwise) paying, promising to pay, gifting, promising to give, or authorizing the giving of anything of value to any foreign officialforeignofficial, foreign political party (or one of its officials), or candidate for foreign political office, for the purpose of securing any securingany improper advantage in order to assist in obtaining or retaining business for or with, or directing business to, any person bypersonby: influencing any influencingany act or decision in that entity’s official capacity; inducing a foreign official foreignofficial to, or omit to do, any act in violation of the official’s lawful duty; inducing that entity to use its influence with a foreign government foreigngovernment or instrumentality of a foreign government to affect or influence any act or decision of the government or instrumentality. Customer will immediately inform Microchip if it has, or believes it may have, failed to comply with, this provision.