Common use of Foreign Corrupt Practices Act Compliance Clause in Contracts

Foreign Corrupt Practices Act Compliance. The parties agree to comply with the Foreign Corrupt Practices Act of 1977 of the United States of America, 91 Statutes at Large, Sections 1495 et seq. (the “FCPA”), which prohibits the payment or offering of anything of value to foreign government officials, or employees, or political parties or candidates, or to persons or entities who will offer or give such payments to any of the foregoing in order to obtain or retain business or to secure an improper commercial advantage.