Common use of Improper Conduct Clause in Contracts

Improper Conduct. Each Party shall notify the other in writing in the case of any violation by such Party, its Affiliates or its Sublicensees of any Anti-Bribery Laws, or any of the environmental, labor and social standards set forth in Section 13.2.1 in relation to the activities under this Agreement (collectively, “Improper Conduct”). If one Party notifies the other Party of the occurrence of any such Improper Conduct, or the other Party has a reasonable suspicion of any such improper conduct, such other Party may, in addition to any other rights such other Party may have under this Agreement, inspect or have inspected by an independent auditor the premises, books and records of such Improper Conduct for the purpose of ensuring compliance with this Section 13.2.

Appears in 2 contracts

Sources: Research Collaboration Agreement (Recursion Pharmaceuticals, Inc.), Research Collaboration Agreement (Exscientia PLC)

Improper Conduct. Each Party shall notify the other in writing in the case of any violation by such Party, its Affiliates or its Sublicensees of any Anti-Bribery Laws, or of any of the environmental, labor and social standards set forth in Section 13.2.1 Standards in relation to the activities under this Agreement (collectively, “Improper Conduct”). If one Party notifies the other Party of the occurrence of any such Improper Conduct, or the other Party has a reasonable suspicion of any such improper conductImproper Conduct, such other Party may, in addition to any other rights such other Party may have under this Agreement, inspect or have inspected by an independent auditor the premises, books and records of such Improper Conduct for the purpose of ensuring compliance with this Section 13.215.2.

Appears in 2 contracts

Sources: Research Collaboration and License Agreement (C4 Therapeutics, Inc.), Research Collaboration and License Agreement (C4 Therapeutics, Inc.)