Responsible Behavior Clause Samples
The Responsible Behavior clause sets expectations for parties to act ethically, lawfully, and in good faith throughout the duration of the agreement. It typically requires each party to avoid actions that could harm the other party or the reputation of the business relationship, such as engaging in illegal activities, fraud, or misconduct. By establishing these standards, the clause helps ensure a trustworthy and professional environment, reducing the risk of disputes and protecting both parties from irresponsible or damaging behavior.
Responsible Behavior. 1. Compliance with laws Minimum requirements for partners The Partner shall comply with all laws and regulations applicable to it in its own business operations and in its business relations with suppliers at local, national and international level. The partner must not actively engage or participate, directly or indirectly, in criminal practices in any country and in any manner. The quality of products has a high priority at voestalpine. In particular, compliance with all product safety-related requirements and all technical regulations is the basis for voestalpine's cooperation with its suppliers. The partner must comply with the technical regulations that apply to its delivery item in accordance with the contractual and legal agreements (e.g. regulatory conformity, guidelines, laws and technical standards).
2. Corruption, bribery and extortion Minimum requirements for partners The partner is obliged not to commit or refrain from any actions that could lead to criminal liability for fraud or breach of trust, insolvency offences, offences against competition, granting of advantages, acceptance of advantages, bribery, corruptibility or comparable offences by persons employed by the partner or other third parties. In the event of a breach of this provision, voestalpine shall be entitled to withdraw from or terminate all legal transactions with the partner without notice and to break off all negotiations. Notwithstanding the above, the partner is obliged to comply with all laws and regulations concerning him and the business relationship with voestalpine. In the case of transactions involving raw materials, the partner must in particular prohibit the solicitation of bribes with the aim of concealing or disguising the origin of minerals. Taxes, fees and royalties paid to governments for purposes of extraction, trade, handling, transportation and export must be truthfully declared. Suppliers of raw minerals must commit to disclose payments in accordance with the Extractive Industries Transparency Initiative (EITI) principles.
3. Financial disclosure and money laundering Minimum requirements for partners The Partner shall ensure that all financial information, including required taxes, fees and royalties related to business activities, is disclosed in accordance with applicable national and international regulations and industry expectations. The Partner shall also make any necessary changes that are in line with applicable regulatory developments. The Partner ...
Responsible Behavior. In addition to the optimum skillsets, either an employee or a subcontractor, we expect every person we deploy at DMS-FL agencies, be accountable for doing what is right in every interaction. Our belief is that responsible behavior requires positive gestures of respect and courtesy that increases performance and creativity. Our Recruiters assess the individuals who ▇▇▇▇▇▇ this quality, and observe the body language when posed questions on uncomfortable situations.
Responsible Behavior