Common use of Standards of Business Ethics and Conduct Clause in Contracts

Standards of Business Ethics and Conduct. 16.1. Buyer conducts its business fairly, impartially, and in an ethical and proper manner. Seller shall conduct its business in a similarly fair, impartial, ethical, and proper manner. In doing so, Seller shall adhere to Buyer’s published Code of Ethics and Business Conduct, or equivalent, which is available at xxxxx://xxxxxx.xxxxxxxxxxx.xxx. Use of the Seller’s standards of business ethics and conduct under this Subcontract shall be approved in writing by the Buyer. 16.2. Seller shall include the substance of this Article, including its flow down requirement, in all Subcontracts awarded by Seller for work under this contract. 16.3. Seller shall not engage in any personal, business, or investment activity that may be defined as a conflict of interest pursuant to FAR Part 9.5, whether real or perceived. If Seller has cause to believe that Buyer or any employee or agent of Xxxxx has behaved improperly or unethically under this Subcontract, Seller is encouraged to exert reasonable effort to report such behavior when warranted. 16.4. Seller shall implement an awareness program to ensure its employees understand their contribution to Product/Service conformity, product safety, and the importance of ethical behavior. 16.5. If at any time Buyer determines Seller is in violation of the applicable Code of Ethics and Business Conduct, Buyer may cancel this Subcontract upon written notice to Seller and Buyer shall have no further obligation to Seller.

Standards of Business Ethics and Conduct. 16.1(a) This clause shall be flowed to subordinate Sellers at all tiers. Buyer conducts its business fairly, impartially, and in an ethical and proper manner. Seller shall conduct its business in a similarly fair, impartial, ethical, and proper manner. In doing so, Seller shall adhere to BuyerXxxxx’s published Code code of Ethics and Business Conduct, or equivalentethics, which is available at xxxxx://xxxxxx.xxxxxxxxxxx.xxx. Use of the Seller’s 's standards of business ethics and conduct under this Subcontract shall be approved in writing by the Buyer. 16.2. (i) Seller shall include the substance of this Articleclause, including its flow down requirement, in all Subcontracts awarded by Seller for work under this contract. 16.3. (ii) Seller shall not engage in any personal, business, or investment activity that may be defined as a conflict of interest pursuant to FAR Part 9.5, whether real or perceived. If Seller has cause to believe that Buyer or any employee or agent of Xxxxx has behaved improperly or unethically under this Subcontract, Seller is encouraged to exert reasonable effort to report such behavior when warranted. 16.4. (iii) Seller shall implement an awareness program to ensure its employees understand their contribution to Productproduct/Service conformity, product safety, and the importance of ethical behavior. 16.5. If at any time Buyer determines Seller is in violation of the applicable Code of Ethics and Business Conduct, Buyer may cancel this Subcontract upon written notice to Seller and Buyer shall have no further obligation to Seller.

Standards of Business Ethics and Conduct. 16.1. Buyer conducts its business fairly, impartially, and in an ethical and proper manner. Seller shall conduct its business in a similarly fair, impartial, ethical, and proper manner. In doing so, Seller shall adhere to Buyer’s published Code of Ethics and Business Conduct, or equivalent, which is available at xxxxx://xxxxxx.xxxxxxxxxxx.xxx. Use of the Seller’s standards of business ethics and conduct under this Subcontract shall be approved in writing by the Buyer.https: 16.2. Seller shall include the substance of this Articleclause, including its flow down requirement, in all Subcontracts awarded by Seller for work under this contract. 16.3. Seller shall not engage in any personal, business, or investment activity that may be defined as a conflict of interest pursuant to FAR Part 9.5, whether real or perceived. If Seller has cause to believe that Buyer or any employee or agent of Xxxxx has behaved improperly or unethically under this Subcontract, Seller is encouraged to exert reasonable effort to report such behavior when warranted. 16.4. Seller shall implement an awareness program to ensure its employees understand their contribution to Product/Service conformity, product safety, and the importance of ethical behavior. 16.5. If If, at any time time, Buyer determines that Seller is in violation of the applicable Code of Ethics and Business Conduct, Buyer may cancel this Subcontract upon written notice to Seller and Buyer shall have no further obligation to Seller.