Ethical standards clause: Copy, customize, and use instantly
Introduction
An ethical standards clause outlines the expectations and requirements for ethical conduct during the execution of the agreement. It ensures that both parties commit to conducting business in a manner that is ethical, transparent, and compliant with relevant laws and regulations. This clause may cover areas such as anti-bribery, fairness, honesty, respect for human rights, and adherence to legal obligations.
Below are templates for ethical standards clauses tailored to different scenarios. Copy, customize, and insert them into your agreement.
Ethical standards clause (general)
This clause outlines the general expectation for ethical conduct.
The Parties agree to conduct all activities under this Agreement in a manner that is ethical, transparent, and in compliance with all applicable laws and regulations. Both Parties shall refrain from engaging in any conduct that could be seen as dishonest, fraudulent, or unethical, and will work to foster an environment of fairness and respect.
Ethical standards clause (anti-bribery)
This version includes an anti-bribery commitment.
The Parties agree to strictly comply with all anti-bribery laws and regulations in force within [jurisdiction]. Neither Party shall offer, promise, or accept bribes or other forms of corrupt conduct during the execution of this Agreement. Both Parties are committed to maintaining integrity and transparency in all dealings.
Ethical standards clause (fair competition)
This clause ensures fair competition practices.
The Parties agree to uphold the principles of fair competition and will not engage in any form of anti-competitive practices, including price-fixing, market manipulation, or any activities that may unlawfully restrict competition within the marketplace. Both Parties will respect the rights of competitors and operate in accordance with applicable antitrust and competition laws.
Ethical standards clause (human rights compliance)
This version emphasizes respect for human rights.
The Parties agree to respect and uphold internationally recognized human rights standards in the performance of this Agreement. Neither Party will engage in any practices that contribute to human rights abuses, including forced labor, child labor, or discrimination. Both Parties will take reasonable steps to ensure that their operations do not adversely impact human rights in their respective supply chains.
Ethical standards clause (conflict of interest)
This clause addresses conflicts of interest.
The Parties agree to avoid any situations that create a conflict of interest during the execution of this Agreement. If a conflict arises, the concerned Party must disclose it in writing to the other Party and take steps to resolve the situation in a manner that is transparent and fair. Both Parties will refrain from acting in a way that compromises the integrity of their relationship.
Ethical standards clause (compliance with laws)
This clause ensures compliance with relevant laws and regulations.
The Parties agree to fully comply with all applicable laws, rules, and regulations in the performance of this Agreement. This includes, but is not limited to, laws related to anti-corruption, environmental protection, data privacy, and labor rights. Both Parties will ensure that their actions and business practices adhere to legal requirements at all times.
Ethical standards clause (environmental responsibility)
This version focuses on environmental sustainability.
The Parties agree to take all reasonable steps to minimize the environmental impact of their activities under this Agreement. Both Parties commit to environmentally responsible practices, including waste reduction, sustainable sourcing, and compliance with environmental laws and regulations. The Parties will actively seek to improve their environmental performance and promote sustainability in their operations.
Ethical standards clause (transparency and accountability)
This clause emphasizes transparency and accountability.
Both Parties commit to maintaining transparency in all aspects of their relationship under this Agreement. This includes providing accurate and timely information regarding the progress of the agreement, any challenges faced, and compliance with the terms. Both Parties will take responsibility for their actions and hold each other accountable to the highest ethical standards.
Ethical standards clause (social responsibility)
This version focuses on corporate social responsibility.
The Parties agree to act as responsible corporate citizens and to engage in business practices that contribute positively to society. This includes supporting community initiatives, ensuring fair labor practices, promoting diversity and inclusion, and engaging in charitable or philanthropic efforts that align with the values of the Parties.
Ethical standards clause (non-discrimination)
This clause promotes non-discrimination in all dealings.
The Parties agree to operate in a manner that is free from discrimination on the basis of race, color, gender, sexual orientation, religion, disability, or any other protected characteristic. Both Parties are committed to providing equal opportunities and fostering an inclusive environment for all individuals involved in the execution of this Agreement.
Ethical standards clause (supplier conduct)
This version extends ethical standards to suppliers.
The Parties agree to ensure that any suppliers or subcontractors involved in the performance of this Agreement adhere to the same ethical standards outlined herein. Both Parties will take steps to ensure that suppliers and partners operate in a manner that complies with applicable laws and promotes responsible business practices, including ethical sourcing and respect for workers' rights.
Ethical standards clause (whistleblowing)
This clause provides protections for whistleblowing.
The Parties agree to establish and maintain appropriate mechanisms for reporting unethical conduct or violations of this Agreement. Employees, contractors, or other parties engaged in the execution of this Agreement may report suspected misconduct or unethical behavior without fear of retaliation. Both Parties will investigate all such reports promptly and take corrective action where necessary.
Ethical standards clause (accounting and financial integrity)
This version focuses on accounting practices.
The Parties agree to maintain accurate and transparent financial records in accordance with generally accepted accounting principles. Both Parties will ensure that all financial transactions, invoices, and payments related to this Agreement are legitimate, properly documented, and conducted in a manner that is fair, transparent, and compliant with applicable financial regulations.
Ethical standards clause (communication of ethical obligations)
This clause emphasizes the communication of ethical standards.
The Parties agree to communicate their ethical obligations to all employees, contractors, and relevant third parties involved in the execution of this Agreement. Both Parties will provide appropriate training and guidance to ensure that all individuals understand and comply with the ethical standards set forth in this Agreement.
Ethical standards clause (monitoring and enforcement)
This clause provides for monitoring and enforcement of ethical standards.
The Parties agree to regularly monitor their activities to ensure compliance with the ethical standards outlined in this Agreement. Any violations of the ethical standards will be addressed promptly, and appropriate corrective actions will be taken. Both Parties agree to cooperate in investigations and enforcement measures to maintain the integrity of their business practices.
Ethical standards clause (prohibition of illegal activities)
This version explicitly prohibits illegal activities.
The Parties agree not to engage in any illegal activities, including but not limited to money laundering, tax evasion, or bribery, during the execution of this Agreement. Any violation of the law by either Party will result in immediate termination of the Agreement and potential legal action.
Ethical standards clause (use of fair labor practices)
This clause addresses labor practices.
The Parties agree to uphold fair labor practices in all aspects of the Agreement, including fair wages, safe working conditions, and the prohibition of child labor or forced labor. Both Parties will ensure that their operations and supply chains are free from exploitation and abuse, in accordance with international labor standards.
Ethical standards clause (third-party ethical conduct)
This version extends ethical standards to third parties.
The Parties agree to ensure that any third parties involved in the execution of this Agreement, including consultants, contractors, and agents, adhere to the same ethical standards set forth herein. Both Parties will take reasonable steps to ensure that third parties do not engage in unethical or illegal conduct that could negatively impact the Agreement.
Ethical standards clause (humanitarian considerations)
This clause incorporates humanitarian considerations.
The Parties agree to take into account humanitarian principles, including respect for human dignity and the protection of vulnerable populations, in all activities conducted under this Agreement. Both Parties will ensure that their actions do not contribute to harm or injustice in any form and will prioritize ethical considerations in all decision-making processes.
Ethical standards clause (fair treatment of workers)
This clause ensures fair treatment of workers throughout the contract.
The Parties agree to ensure the fair treatment of all workers involved in the execution of this Agreement, including providing safe working conditions, fair wages, and equitable treatment without discrimination. Both Parties will comply with all applicable labor laws, including those governing working hours, health and safety standards, and workers' rights.
Ethical standards clause (compliance with environmental laws)
This version emphasizes compliance with environmental laws.
The Parties agree to fully comply with all environmental laws, regulations, and standards applicable to the performance of this Agreement. Both Parties will take reasonable steps to minimize the environmental impact of their activities, including reducing waste, minimizing energy consumption, and ensuring responsible disposal of hazardous materials.
Ethical standards clause (commitment to sustainable practices)
This clause commits to sustainable practices throughout the Agreement.
The Parties agree to operate in a manner that promotes sustainability by reducing environmental impact, supporting green initiatives, and fostering the use of sustainable resources in the performance of this Agreement. Both Parties will prioritize environmental responsibility and work together to implement sustainable practices whenever possible.
Ethical standards clause (prohibition of child labor)
This version prohibits the use of child labor in the execution of the contract.
The Parties agree not to use child labor in the performance of this Agreement, whether directly or indirectly. Both Parties will ensure that all workers are of legal working age in accordance with the relevant labor laws and regulations of the jurisdiction in which the work is conducted.
Ethical standards clause (fair trade practices)
This clause ensures adherence to fair trade practices.
The Parties agree to conduct business in accordance with recognized fair trade practices, ensuring that all transactions are conducted transparently, ethically, and without exploitation of workers or suppliers. Both Parties commit to promoting equitable distribution of wealth and maintaining fairness in their dealings.
Ethical standards clause (protection of whistleblowers)
This clause provides protection for whistleblowers.
The Parties agree to protect any individual who reports suspected unethical behavior or violations of this Agreement. Whistleblowers will not face retaliation, and both Parties commit to investigating any reports of unethical conduct in a prompt and transparent manner.
Ethical standards clause (conflict resolution and cooperation)
This clause sets out expectations for resolving ethical conflicts.
The Parties agree to address and resolve any ethical conflicts or issues that arise during the execution of this Agreement in a cooperative and transparent manner. Both Parties will engage in open communication to resolve any ethical disputes and will work to find mutually acceptable solutions that align with the values of both Parties.
Ethical standards clause (responsible marketing)
This clause focuses on responsible marketing practices.
The Parties agree to engage in responsible marketing practices, ensuring that all marketing materials and communications related to this Agreement are truthful, accurate, and not misleading. The Parties will avoid any marketing strategies that could be considered deceptive, coercive, or harmful to consumers.
Ethical standards clause (privacy and data protection)
This clause emphasizes the importance of privacy and data protection.
The Parties agree to protect the privacy and confidentiality of any personal data shared during the execution of this Agreement. Both Parties will comply with all applicable data protection laws and will take appropriate measures to safeguard sensitive information from unauthorized access, use, or disclosure.
Ethical standards clause (prohibition of discriminatory practices)
This clause prohibits discriminatory practices in the performance of the Agreement.
The Parties agree to prohibit any form of discrimination based on race, gender, age, religion, disability, sexual orientation, or other protected characteristics in all aspects of this Agreement. Both Parties will create and maintain a working environment that is inclusive, respectful, and free from any form of discrimination.
Ethical standards clause (ensuring equality of opportunity)
This clause ensures equality of opportunity for all individuals involved in the Agreement.
The Parties agree to provide equal opportunities to all individuals involved in the execution of this Agreement. This includes providing fair access to employment, promotions, and benefits based on qualifications and performance, and not on personal characteristics or background.
Ethical standards clause (anti-corruption and anti-bribery)
This version includes commitments against corruption and bribery.
The Parties agree to comply with all anti-corruption and anti-bribery laws and regulations applicable to the execution of this Agreement. Neither Party will offer, promise, or accept bribes or other forms of corrupt conduct. Both Parties will maintain transparency in their dealings and will cooperate with any investigations into unethical conduct.
Ethical standards clause (anti-exploitation)
This clause prohibits the exploitation of workers or resources.
The Parties agree to refrain from exploiting any workers, resources, or vulnerable populations during the performance of this Agreement. Both Parties will ensure that all activities are conducted in a manner that upholds human dignity and does not take advantage of individuals or communities.
Ethical standards clause (public accountability)
This version ensures public accountability for actions under the Agreement.
The Parties agree to be publicly accountable for the ethical standards upheld during the execution of this Agreement. Both Parties will be transparent about their actions and will cooperate with regulatory bodies or public organizations to ensure compliance with ethical guidelines and laws.
Ethical standards clause (promotion of diversity and inclusion)
This clause promotes diversity and inclusion.
The Parties agree to promote diversity and inclusion in all aspects of their operations under this Agreement. Both Parties will actively encourage a diverse workforce, foster inclusive practices, and ensure that individuals from all backgrounds are given equal opportunities.
Ethical standards clause (responsible sourcing)
This clause focuses on responsible sourcing of materials or products.
The Parties agree to source all materials and products used in the execution of this Agreement responsibly, ensuring that all sourcing practices meet ethical standards. Both Parties will prioritize sustainable sourcing, fair labor practices, and the reduction of negative environmental impacts associated with their supply chains.
Ethical standards clause (health and safety standards)
This clause ensures adherence to health and safety standards.
The Parties agree to comply with all applicable health and safety laws and regulations while performing this Agreement. Both Parties will take all necessary precautions to ensure the health, safety, and well-being of employees, contractors, and any other individuals involved in the execution of this Agreement.
Ethical standards clause (ensuring fair compensation)
This version ensures fair compensation for workers involved in the Agreement.
The Parties agree to provide fair compensation to all workers involved in the execution of this Agreement. Both Parties will ensure that workers are paid in accordance with applicable wage laws and that compensation is commensurate with their skills, experience, and responsibilities.
Ethical standards clause (compliance with international labor standards)
This clause emphasizes international labor standards.
The Parties agree to adhere to all relevant international labor standards and conventions in the execution of this Agreement. Both Parties will ensure that no workers are subjected to exploitation, unsafe working conditions, or unfair labor practices, and will promote a positive, supportive working environment.
Ethical standards clause (commitment to integrity)
This version emphasizes integrity in business dealings.
The Parties agree to act with the highest level of integrity in all dealings related to this Agreement. Both Parties will be honest and transparent in their interactions, and will take all necessary steps to prevent fraudulent or deceptive behavior from occurring during the execution of this Agreement.
Ethical standards clause (supply chain responsibility)
This clause extends ethical standards to the supply chain.
The Parties agree to ensure that all suppliers and contractors involved in the performance of this Agreement adhere to the same ethical standards outlined herein. Both Parties will take reasonable steps to ensure that their supply chains do not contribute to human rights abuses, exploitation, or environmental harm.
Ethical standards clause (environmental sustainability)
This version focuses on sustainability in business practices.
The Parties commit to ensuring that all activities related to this Agreement are conducted with a focus on environmental sustainability. Both Parties agree to minimize environmental impacts, reduce waste, and adopt energy-efficient practices wherever feasible, in line with applicable environmental regulations.
Ethical standards clause (no exploitation of vulnerable groups)
This clause prohibits the exploitation of vulnerable groups.
The Parties agree to refrain from exploiting vulnerable groups, including children, minorities, or economically disadvantaged individuals, in the execution of this Agreement. Both Parties will ensure that their operations do not contribute to the exploitation or harm of such groups.
Ethical standards clause (fair treatment in hiring practices)
This clause focuses on fair and equal hiring practices.
The Parties agree to implement fair hiring practices in accordance with applicable anti-discrimination laws and regulations. Both Parties will ensure that recruitment and employment decisions are based on qualifications and experience, and not influenced by personal characteristics or bias.
Ethical standards clause (community involvement)
This clause promotes community involvement and social responsibility.
The Parties agree to actively contribute to the well-being of the communities in which they operate. Both Parties will participate in community development initiatives, support local organizations, and work to improve social conditions through the performance of this Agreement.
Ethical standards clause (ensuring privacy protection)
This version focuses on the protection of personal data.
The Parties agree to uphold the highest standards of privacy protection for any personal data or confidential information shared during the course of this Agreement. Both Parties will comply with all applicable data protection laws, including those related to data storage, sharing, and processing.
Ethical standards clause (prohibition of child labor and forced labor)
This clause prohibits child labor and forced labor.
The Parties agree not to engage in or tolerate the use of child labor or forced labor in the execution of this Agreement. Both Parties will ensure that all labor used in the performance of this Agreement is voluntary, fairly compensated, and compliant with relevant labor laws.
Ethical standards clause (collaborative ethics)
This clause emphasizes collaboration on ethical practices.
The Parties agree to collaborate on maintaining high ethical standards throughout the course of this Agreement. Both Parties will share best practices, openly communicate about ethical concerns, and work together to address any ethical issues that arise during the performance of this Agreement.
Ethical standards clause (accountability and transparency)
This version commits both Parties to transparency and accountability.
The Parties agree to be transparent in their actions and decisions throughout the execution of this Agreement. Both Parties will maintain accurate records, provide full disclosure of relevant information, and hold each other accountable for ethical conduct.
Ethical standards clause (responsibility in advertising and promotions)
This clause ensures ethical advertising practices.
The Parties agree to conduct advertising and promotional activities related to this Agreement in a truthful, transparent, and responsible manner. Both Parties will ensure that all marketing materials are honest, avoid misleading claims, and comply with applicable advertising laws and standards.
Ethical standards clause (prohibition of discriminatory advertising)
This clause prohibits discriminatory practices in advertising.
The Parties agree not to engage in discriminatory advertising practices that exclude or marginalize certain groups based on race, gender, religion, or other protected characteristics. Both Parties will ensure that their advertising and promotional efforts are inclusive and promote diversity.
Ethical standards clause (commitment to stakeholder engagement)
This clause highlights the importance of stakeholder engagement.
The Parties agree to engage with relevant stakeholders, including employees, suppliers, customers, and local communities, to ensure that their actions align with the ethical standards set forth in this Agreement. Both Parties will listen to stakeholder concerns and incorporate feedback where appropriate to maintain positive relationships.
Ethical standards clause (ethical investment)
This clause includes an ethical investment commitment.
The Parties agree to only make investments that align with ethical standards and promote social and environmental responsibility. Both Parties will ensure that investments made in the performance of this Agreement support sustainable development and do not harm the environment or exploit vulnerable populations.
Ethical standards clause (protection of indigenous rights)
This clause ensures the protection of indigenous rights.
The Parties agree to respect the rights of indigenous peoples and communities in the execution of this Agreement. Both Parties will ensure that their activities do not infringe on indigenous rights, including land, culture, and natural resources, and will seek the free, prior, and informed consent of indigenous groups where applicable.
Ethical standards clause (prohibition of bribery and kickbacks)
This clause prohibits bribery and kickbacks.
The Parties agree to strictly prohibit bribery, kickbacks, or any other unethical payments in the performance of this Agreement. Both Parties will ensure that all business dealings are conducted transparently and in compliance with anti-bribery laws and regulations.
Ethical standards clause (independent audits)
This clause provides for independent audits to ensure compliance.
The Parties agree to permit independent audits of their operations related to this Agreement to ensure compliance with the ethical standards outlined herein. Both Parties will cooperate fully with auditors and take corrective action as needed to address any issues identified during the audit process.
Ethical standards clause (ethical conflict resolution)
This version focuses on resolving ethical conflicts.
The Parties agree to resolve any ethical conflicts that arise during the performance of this Agreement through an open, transparent, and mutually respectful process. Both Parties will work together to address concerns in a way that maintains ethical integrity and aligns with the values outlined in this Agreement.
Ethical standards clause (zero-tolerance policy for corruption)
This clause outlines a zero-tolerance policy for corruption.
The Parties adopt a zero-tolerance policy for corruption in all aspects of their business operations related to this Agreement. Both Parties will take all necessary steps to prevent corrupt practices, including regular training on anti-corruption measures and active monitoring of compliance.
Ethical standards clause (education and awareness)
This clause emphasizes ethical education and awareness.
The Parties agree to provide regular training and awareness programs to employees and contractors involved in the performance of this Agreement, ensuring that all parties understand the ethical standards outlined herein. Both Parties will work to foster a culture of integrity and responsibility throughout their organizations.
Ethical standards clause (access to ethical resources)
This clause ensures access to ethical resources for employees.
The Parties agree to provide employees and stakeholders with access to resources and channels for reporting unethical behavior or seeking advice on ethical dilemmas. Both Parties will ensure that all individuals have the support they need to make decisions that align with the ethical standards set forth in this Agreement.
Ethical standards clause (ensuring fair treatment in supply chain)
This clause ensures fair treatment across the supply chain.
The Parties agree to ensure that all suppliers and subcontractors involved in the performance of this Agreement are treated fairly, paid equitably, and work in conditions that meet or exceed applicable health and safety standards. Both Parties will work to eliminate any exploitation or unfair treatment in the supply chain.
Ethical standards clause (freedom of association)
This clause guarantees freedom of association for employees.
The Parties agree to respect the right of employees to freely associate, organize, and join unions without fear of retaliation or discrimination. Both Parties will ensure that employees have access to appropriate channels to voice concerns and protect their rights during the execution of this Agreement.
Ethical standards clause (anti-exploitation of natural resources)
This clause ensures the responsible use of natural resources.
The Parties agree to avoid the exploitation of natural resources in a manner that is harmful to the environment or unsustainable. Both Parties will commit to using resources efficiently, reducing waste, and implementing practices that ensure the preservation of natural habitats and ecosystems during the performance of this Agreement.
Ethical standards clause (prohibition of forced labor)
This version prohibits forced labor in the agreement’s execution.
The Parties agree that no forced or compulsory labor will be used in the execution of this Agreement. Both Parties will ensure that all workers are voluntarily employed, receive fair wages, and work under conditions that respect their rights and dignity in accordance with applicable labor laws.
Ethical standards clause (encouraging local sourcing)
This clause promotes local sourcing in business operations.
The Parties agree to encourage the sourcing of materials and products from local suppliers and businesses, provided that such suppliers meet the ethical standards set forth in this Agreement. Both Parties will prioritize local sourcing when possible to support local economies and reduce the environmental impact of transportation.
Ethical standards clause (prohibition of illegal trafficking)
This clause ensures that no illegal trafficking takes place in relation to the agreement.
The Parties agree to strictly prohibit any involvement in the illegal trafficking of goods, services, or individuals in relation to this Agreement. Both Parties will ensure that their operations and supply chains are free from any activities that violate anti-trafficking laws or contribute to illegal trade.
Ethical standards clause (ensuring supplier compliance with ethical standards)
This version extends ethical standards to suppliers.
The Parties agree to ensure that all suppliers involved in the performance of this Agreement comply with the ethical standards set forth herein. Both Parties will work together to monitor supplier practices and address any concerns related to labor rights, environmental sustainability, and fair business practices.
Ethical standards clause (promotion of ethical innovation)
This clause encourages ethical innovation in the business relationship.
The Parties agree to promote ethical innovation in the development and implementation of new products, services, or processes. Both Parties will ensure that innovation is pursued in ways that align with the ethical standards of fairness, transparency, and social responsibility.
Ethical standards clause (guaranteeing fair representation in decision-making)
This version guarantees fair representation in business decisions.
The Parties agree to ensure that all stakeholders, including employees, contractors, and other relevant parties, are fairly represented in any decision-making processes related to the execution of this Agreement. Both Parties will ensure that no individual or group is unfairly excluded or discriminated against in such processes.
Ethical standards clause (promotion of inclusive workplaces)
This clause emphasizes the importance of inclusivity in the workplace.
The Parties agree to promote inclusive practices within the workplace, ensuring that all employees are treated with dignity and respect, and that diversity is valued. Both Parties will take active steps to create a workplace that is free from discrimination, harassment, and inequality.
Ethical standards clause (ensuring no child exploitation in marketing)
This version addresses the ethical treatment of children in marketing.
The Parties agree that no form of child exploitation, including child labor or marketing directly targeted at children in harmful or misleading ways, will be involved in any activities related to this Agreement. Both Parties will ensure that their marketing practices adhere to ethical guidelines that protect children’s welfare.
Ethical standards clause (commitment to anti-discrimination laws)
This clause ensures compliance with anti-discrimination laws.
The Parties agree to comply with all relevant anti-discrimination laws and to take all necessary steps to prevent discrimination in any form, whether based on race, gender, age, disability, sexual orientation, or other protected categories. Both Parties will promote diversity, fairness, and equality throughout the performance of this Agreement.
Ethical standards clause (encouraging transparency in reporting)
This clause encourages transparency in business reporting.
The Parties agree to maintain transparency in all financial and operational reports related to this Agreement. Both Parties will ensure that any material information, including financial performance, ethical issues, or operational challenges, is shared in a truthful and clear manner with relevant stakeholders.
Ethical standards clause (protection of animal rights)
This clause addresses animal rights.
The Parties agree to ensure that any activities under this Agreement that involve the use of animals comply with ethical standards for animal welfare. Both Parties will avoid practices that cause unnecessary harm to animals and will adhere to relevant laws and ethical guidelines regarding the humane treatment of animals.
Ethical standards clause (prohibition of harassment and bullying)
This clause prohibits harassment and bullying in the workplace.
The Parties agree to prevent any form of harassment or bullying in the workplace during the performance of this Agreement. Both Parties will implement policies and practices to create a respectful and safe working environment for all employees and contractors, and will take immediate action if harassment or bullying is reported.
Ethical standards clause (responsibility for long-term impact)
This version addresses the long-term social and environmental impact.
The Parties agree to consider the long-term social, environmental, and economic impacts of their activities related to this Agreement. Both Parties will strive to make decisions that positively contribute to sustainable development and ensure that future generations are not negatively impacted by their actions.
Ethical standards clause (respect for intellectual property)
This clause ensures the protection of intellectual property rights.
The Parties agree to respect and protect the intellectual property rights of each other and of any third parties involved in the execution of this Agreement. Both Parties will ensure that no intellectual property is used, copied, or distributed without proper authorization, and will abide by the relevant laws regarding patents, trademarks, copyrights, and trade secrets.
Ethical standards clause (zero-tolerance for fraudulent activities)
This clause establishes a zero-tolerance policy for fraud.
The Parties agree to implement a zero-tolerance policy toward fraud in the execution of this Agreement. Neither Party will engage in or tolerate fraudulent activities, including false reporting, financial misrepresentation, or the use of deceptive practices. Any violations will result in immediate termination of the Agreement and potential legal action.
Ethical standards clause (promotion of responsible business practices)
This version emphasizes the promotion of responsible business practices.
The Parties agree to promote responsible business practices that support ethical decision-making and long-term value creation. Both Parties will make efforts to act with integrity, prioritizing the welfare of stakeholders, minimizing harm to the environment, and respecting the rights of individuals and communities affected by their business activities.
Ethical standards clause (commitment to fair pricing)
This clause ensures fair pricing in transactions.
The Parties agree to ensure that all pricing and payment terms under this Agreement are fair, transparent, and in line with market standards. Both Parties will avoid engaging in price manipulation, overcharging, or unfair pricing practices that could harm consumers or other stakeholders.
Ethical standards clause (ethical conduct in supply chain relationships)
This version extends ethical conduct to supply chain relationships.
The Parties agree to promote ethical conduct within their supply chains and ensure that all suppliers and subcontractors adhere to the same high ethical standards. Both Parties will take appropriate action to address any instances of unethical conduct, including human rights violations or environmental harm, within their supply chains.
Ethical standards clause (environmentally responsible packaging)
This clause ensures environmentally responsible packaging practices.
The Parties agree to use environmentally responsible packaging for any products related to this Agreement. Both Parties will minimize the use of harmful materials, such as plastics, and prioritize recyclable or biodegradable alternatives in the packaging of goods.
Ethical standards clause (equal access to opportunities)
This clause ensures equal access to opportunities for all involved.
The Parties agree to provide equal access to opportunities, including employment, promotions, and benefits, based on merit, skills, and qualifications. Both Parties will ensure that no individual is excluded from opportunities based on personal characteristics or other discriminatory factors.
Ethical standards clause (non-exploitation of intellectual property)
This version prohibits the exploitation of intellectual property.
The Parties agree to respect and protect the intellectual property of each other and will not exploit, copy, or use any intellectual property in a manner not explicitly authorized by the respective owner. Both Parties will take appropriate steps to ensure the security and integrity of their intellectual property.
Ethical standards clause (commitment to workplace safety)
This clause commits to ensuring workplace safety.
The Parties agree to ensure a safe working environment for all individuals involved in the execution of this Agreement. Both Parties will comply with relevant health and safety laws and implement necessary precautions to minimize risks to workers' health and safety.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.