Common use of Commercial Bribery Clause in Contracts

Commercial Bribery. Employees may not, directly or indirectly, offer, give, or authorize the offering or giving of a financial or other advantage or anything else of value to another person: (i) to induce that person to perform a relevant function or activity improperly; (ii) to reward that person for having performed a relevant function or activity improperly; or (iii) if the person’s acceptance of the payment or gift would itself constitute the improper performance of a relevant function or activity. Employees may not accept anything of value to perform their function improperly.

Appears in 2 contracts

Sources: Joint Venture Contract (Sothebys), Joint Venture Contract (Sothebys)

Commercial Bribery. Employees may not, directly or indirectly, offer, give, or authorize the offering or giving of a financial or other advantage or anything else of value to another person: (i) to induce that person to perform a relevant function or activity improperly; (ii) to reward that person for having performed a relevant function or activity improperly; or (iii) if the person’s acceptance of the payment or gift would itself constitute the improper performance of a relevant function or activity. Employees may not accept anything of value to perform their function improperly.another

Appears in 1 contract

Sources: Joint Venture Contract (Sothebys)