The Business Partner agrees that he shall comply all international applicable laws and standards. He shall also
comply with the following TALIS Compliance Code for prevention against corruption, infringements of competition law
and of export control law:
1. No Improper Means of Obtaining Business. The Company and the Business Partner agree that no agreements or
concerted practices with other companies (this includes also decision of associations of companies) which have as
their object or effect the prevention, restriction or distortion of competition of the free market.
2. No Bribes. The Business Partner will not, directly or indirectly, offer, grant, authorise or promise any benefit
(anything of material or immaterial value) to any person or organisation (particularly Public O1fficials , employees of
the Company and customers including persons closely connected to them ) in order to induce or reward the improper
performance of the person’s relevant function. The Business Partner will take appropriate actions to ensure that any
person representing or acting under its instruction or control (“Agents” or “Business Partner’s Agents”) will also
comply with these rules.
3. Conflict of Interest. Except as disclosed in writing to the Company the Business Partner represents that it does
not have any reason to believe that there are any (potential) contradictions against the interests of the Company. Such
Conflict of Interests includes but not limited to family members who could potentially benefit from the commercial
relationship; and neither the Business Partner, nor any of the Business Partner’s Agents, have any family members
who are government official or political party candidates in a position to influence the Business Partner’s commercial
relationship with the Company.
4. Accurate Books and Records. The Business Partner will maintain complete and accurate books and records in
accordance with generally accepted accounting principles in the Business Partner’s jurisdiction. The Business Partner
will maintain a system of internal accounting controls reasonably designed to ensure that it maintains no off-the-book
accounts and that its assets are used only in accordance with its management directives.
5. Notification. The Business Partner will notify the Company promptly if
a) the Business Partner or any of the Business Partner’s Agents have reason to believe that a breach the rules
mentioned above has occurred or is likely to occur. This will be occur for instance when a lawsuit against the Business Partner by the reason of (allegedly) violation of
anti-trust law or laws and regulations to prevent corruption; or
b) if any conflicts of interest arise after the signing of this Agreement.
This could be the case, if any of the Business Partner’s Agents or their family members become a government
official or political party candidate in a position to influence the Business Partner’s commercial relationship with
6. Compliance Certification. The Business Partner will, when and as may be requested by the Company, provide to
the Company a written certification in form and substance satisfactory to the Company that the Business Partner is in
compliance with the rules mentioned above.
7. International Trade Control. Company is committed as a matter of company policy to strict compliance with the
applicable laws and regulations of the countries in which Company conducts business, including, but not limited to,
European Union export control and trade sanction laws and regulations and the Distributor understands and agrees
a) the Products or technical information sold or otherwise provided (regardless of quantity or value) may be
subject to export and other foreign trade controls restricting the sale, re-export and/or transfer of such products
or technical information to certain countries or parties, including, but not limited to, licensing requirements under
applicable laws and regulations of European Union and other jurisdictions;
b) notwithstanding any other provision of other agreements to the contrary, the Business Partner will not sell, reexport
or transfer any Products or technical information supplied under this Agreement except in full compliance
with all applicable governmental requirements, including, but not limited to, applicable trade sanctions and
constraints administered by the European Union and applicable export control measures administered by the
c) if Company in its sole discretion determines that the entry into or the performance of an order violate any
applicable law or regulation of the European Union or any other special applicable law regarding Export Control
or Trade restrictions, Company is allowed to cancel the affected agreements.
8. Audit Rights. If the Company at any time believes, that the Business Partner has breached the warranties,
representations or agreements mentioned above, then the Company will have the right to audit the Business Partner’s
books and records related to this Agreement in order to verify the Business Partner’s compliance with the provisions
mentioned above. The audit will be performed by individuals selected by the Company. However, upon request by the
Business Partner, the Company will select in its sole discretion an independent third party to conduct an audit in order
to certify to the Company that no breach has occurred or will occur. The Business Partner will fully cooperate in any
audit conducted by or on behalf of the Company.
9. Termination rights. Any breach of the warranties, representations or agreements mentioned above will constitute
grounds for immediate termination of this Agreement for cause by the Company and no commission, compensation,
reimbursement or other payment will be due to the Business Partner. The Business Partner will indemnify and
hold the Company harmless against any actions, legal claims, demands, proceedings, losses, damages, costs,
expenses and other liabilities of whatever nature resulting from the Business Partner’s breach of the representations,
warranties and agreements contained in the Section.
10. Right of retention. If the Company at any time believes, that a breach of any of the representations and warranties
stated above has occurred or may occur, the Company may withhold any commission, compensation, reimbursement,
or any other payment until such time as the Company has received any confirmation to its reasonable satisfaction
that no breach has occurred or will occur. The Company shall not be liable to the Business Partner for any claim,
losses, or damages whatsoever related to the Company’s decision to withhold any commission, compensation,
reimbursement, or any other payment under this provision.
11. Data Privacy Consent. The Business Partner consents to the collection, processing and international transfer
of data and information related to the business relationship between it and the Company, including the transfer of
personally identifiable data (for example names, email addresses, telephone numbers) to and between the Company
and its affiliates wherever they may be located, for the purposes of allowing the Company and its affiliates to evaluate
the Business Partner’s experience and qualifications and implement any business. The Business Partner has the
a) request access to this data,
b) rectify or cancel any inaccurate or expired data and
c) object to any processing that does not conform to these purposes
¹ The term “Public Official” as used herein is broadly defined and includes
• any officer, employee or representative of, or any person otherwise acting in an official capacity for or on behalf of a Governmental Authority
• any political party and any officer of, or individual who holds a position in, a political party, and any candidate for political office,
any person who otherwise exercises a public function or task for on behalf of any country or public body.