Common use of Third Party Risk Management Clause in Contracts

Third Party Risk Management. ▇▇▇▇▇▇ has put in place a third party risk management framework which is aimed at promoting the societal and environmental values of the United Nations Global Compact with third parties that Sandoz deals with. In connection with the above, Supplier shall 8.1.1 comply with the “Third Party Code” (and any published updates thereof) which can be viewed and downloaded from ▇▇▇▇▇://▇▇▇▇.▇▇▇.▇▇▇▇▇▇.▇▇▇/sites/spare53_sandoz_com/files/2023- 10/Sandoz-Third-Party-Code.pdf; 8.1.2 provide information/documentation on reasonable request to Sandoz to allow ▇▇▇▇▇▇ to ver- ify compliance with the Third Party Code in the form requested; 8.1.3 rectify identified non-compliances with the Third Party Code (where capable of remedy) and report remediation progress to ▇▇▇▇▇▇ on request; 8.1.4 ensure that Supplier’s Affiliates, Subcontractors and/or agents of Supplier also comply with the above requirements relating to the Third Party Code; and 8.1.5 where required by ▇▇▇▇▇▇, co-operate with ▇▇▇▇▇▇ in completing and returning, as reason- ably instructed, the Questionnaire for Third Parties. Supplier warrants and represents that the information provided in any Questionnaire for Third Parties is accurate and complete. For the avoidance of doubt, this subparagraph applies to Supplier only, and not to any Subcontractor engaged by it.

Third Party Risk Management. ▇▇▇▇▇▇ has put in place a third party risk management framework which is aimed at promoting the societal and environmental values of the United Nations Global Compact with third parties that Sandoz deals with. In connection con- nection with the above, Supplier shall 8.1.1 comply with the “Third Party Code” (and any published updates thereof) which can be viewed and downloaded from ▇▇▇▇▇://▇▇▇▇.▇▇▇.▇▇▇▇▇▇.▇▇▇/sites/spare53_sandoz_com/files/2023- files/2023-10/Sandoz-Third-Party-Code.pdfSandoz- Third-Party-Code.pdf; 8.1.2 provide information/documentation on reasonable request to Sandoz to allow ▇▇▇▇▇▇ to ver- ify compliance verify compli- ance with the Third Party Code in the form requested; 8.1.3 rectify identified non-compliances with the Third Party Code (where capable of remedy) and report remediation progress to ▇▇▇▇▇▇ on request; 8.1.4 ensure that Supplier’s Affiliates, Subcontractors and/or agents of Supplier also comply with the above requirements relating to the Third Party Code; and 8.1.5 where required by ▇▇▇▇▇▇, co-operate with ▇▇▇▇▇▇ in completing and returning, as reason- ably instructedreasonably in- structed, the Questionnaire for Third Parties. Supplier warrants and represents that the information provided pro- vided in any Questionnaire for Third Parties is accurate and complete. For the avoidance of doubt, this subparagraph applies to Supplier only, and not to any Subcontractor engaged by it.