Common use of Compliance with the Foreign Corrupt Practices Act and Export Control and Antiboycott Laws Clause in Contracts

Compliance with the Foreign Corrupt Practices Act and Export Control and Antiboycott Laws. Except as set forth on Section 4Y of the Company Disclosure Letter, (i) Neither the Company, its Subsidiaries nor any of their directors, officers, agents, employees or any other Persons acting on their behalf has, in connection with the operation of the business of the Company or its Subsidiaries, (i) used any corporate or other funds for unlawful contributions, payments, gifts or entertainment, or made any unlawful expenditures relating to political activity to government officials or established or maintained any unlawful or unrecorded funds in violation of Section 104 of the Foreign Corrupt Practices Act of 1977, as amended, or any other applicable foreign, federal or state law; or (ii) accepted or received any unlawful contributions, payments, expenditures or gifts. (ii) The Seller and its Subsidiaries have, at all times since December 31, 2000, been in compliance in all material respects with U.S. export control laws, including the Export Administration Regulations, The International Traffic in Arms Regulations and the Foreign Assets Control Regulations. (iii) Since December 31, 2000, neither of the Company nor any of its Subsidiaries has violated in any material respect the U.S. antiboycott regulations contained in 50 U.S.C. § 2401 et seq. or the penalty provisions contained in Section 999 of the Code.