Termination for Ethics Violation Sample Clauses
The 'Termination for Ethics Violation' clause allows a party to end an agreement if the other party engages in unethical or illegal conduct. Typically, this clause applies to breaches of codes of conduct, anti-bribery laws, or other ethical standards set forth in the contract. Its core function is to protect parties from being associated with or harmed by unethical behavior, ensuring that all parties maintain high ethical standards throughout the business relationship.
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Termination for Ethics Violation. Without penalty or further obligation or liability to Franchisee and with written notice, City may terminate this Franchise Agreement in whole or in part if a Gratuity was offered or provided by Franchisee or a representative of Franchisee to any Public Servant. City shall specify the effective date of termination and extent of termination in its notice to Franchisee.