Common use of RESPONSIBLE BUSINESS Clause in Contracts

RESPONSIBLE BUSINESS. The Supplier must: a) carry out its activities in full compliance with existing antitrust and fair competition legislation; b) prevent any possible conflicts of interest between the Parties; c) not accept or offer bribes, facilitation payments or anything of value for the purpose of obtaining or retaining business or any improper benefit or advantage, and must -in general- comply with existing anti- corruption legislation; d) comply with all rules and regulations, including those defined by the Company, relating to the safety and quality of products and services; e) record and disclose transparent, accurate details of its business operations, organisational structure, financial status and performance as per existing laws and regulations. This may include the following: i. the Representatives must pay their own travel and accommodation costs when visiting the Supplier, conferences, plants, etc; ii. the Representatives must not be offered any gifts, hospitality or expenses that could be considered unreasonable or inappropriate with regard to potential business transactions.

RESPONSIBLE BUSINESS. The Supplier must: a) carry out its activities in full compliance with existing antitrust and fair competition legislation; b) prevent any possible conflicts of interest between the Parties; c) not accept or offer bribes, facilitation payments or anything of value for the purpose of obtaining or retaining business or any improper benefit or advantage, and must -in general- comply with existing anti- anti-corruption legislation; d) comply with all rules and regulations, including those defined by the Company, relating to the safety and quality of products and services; e) record and disclose transparent, accurate details of its business operations, organisational structure, financial status and performance as per existing laws and regulations. This may include the following: i. a. the Representatives must pay their own travel and accommodation costs when visiting the Supplier, conferences, plants, etc; ii. b. the Representatives must not be offered any gifts, hospitality or expenses that could be considered unreasonable or inappropriate with regard to potential business transactions.