Common use of Red Flags Clause in Contracts

Red Flags. Calix Representatives should be aware of certain “Red Flags,” which may indicate a questionable transaction with an agent or consultant, such as: 4.3.1 requests for unusual payments or financial arrangements, such as: payments to a numbered bank account; payments to accounts in countries other than where the agent or consultant is located or the business is to be performed; or cash payments. 4.3.2 unusually high commission rates or seemingly inflated invoices; 4.3.3 a history of or reputation for corruption in the country; 4.3.4 a lack of transparency in expense and accounting records; or 4.3.5 a close relationship between the agent or consultant and the foreign government or contracting individual.