CHANNEL PARTNER AGREEMENTS:
ANTI-CORRUPTION/ANTI-BRIBERY AND RELATED PROVISIONS
INDEPENDENT CONTRACTOR
The relationship created by this agreement is that of independent contractor and neither channel partner nor any of its owners, directors, employees, representatives or agents is authorized to hold itself out as an employee or agent of OPCO, appoint others as partners, distributors, resellers or agents of OPCO, enter into contracts or commitments in the name of OPCO, or bind or otherwise obligate OPCO in any manner. Nothing contained in this agreement is intended to create, nor does it create, a joint venture or partnership, or other relationship between channel partner and OPCO other than the relationship of independent contractor.
COMPLIANCE WITH LAWS
Channel partner shall comply fully with all applicable laws, rules and regulations, including those of the United States, OPCO’s home country (if not the United States), and any and all other jurisdictions globally, which apply to channel partner business activities in connection with this agreement.
Without limiting any provision in this agreement, channel partner specifically agrees to the following:
ANTI-CORRUPTION/ANTI-BRIBERY
Channel partner represents and warrants to OPCO that channel partner shall comply with all local, national, and other laws of all jurisdictions globally relating to anti-corruption, bribery, extortion, kickbacks, or similar matters which are applicable to channel partner’s business activities in connection with this agreement, and that channel partner will take no action that will cause channel partner or OPCO to violate any such laws.
Channel partner specifically represents and warrants to OPCO that channel partner is familiar with the U.S. Foreign Corrupt Practices Act of 1977, as amended (the “FCPA”), and the U.K. Bribery Act and that channel partner shall comply with the FCPA and U.K. Bribery Act, and will take no action that will cause channel partner or OPCO to violate these laws.
It is the intent of channel partner and OPCO, and channel partner represents and warrants to OPCO, that no payment of money or provision of anything of value will be offered, promised, paid or transferred, directly or indirectly, by any person or entity, to any government official, government employee, or employee of any company owned in part by a government, political party, political party official, or candidate for any government office or political party office to induce such organizations or persons to use their authority or influence to obtain or retain an improper business advantage for channel partner or for OPCO, or which otherwise constitute or have the purpose or effect of public or commercial bribery, acceptance of or acquiescence in extortion, kickbacks or other unlawful or improper means of obtaining business or any improper advantage, with respect to any of channel partner’s activities related in any way to this agreement, including without limitation any payment of money or provision of anything of value to any employee of any customer in order to secure a sale.
Initial/ Date
DISCLOSURE TO CHANNEL PARTNER
Channel partner agrees that should it learn or have reason to know of any offer, promise, payment or transfer of money or provision of anything of value that would violate the FCPA, the U.K. Bribery Act, or the anti-corruption and anti-bribery laws which apply to channel partner’s business activities in connection with this agreement, channel partner shall immediately disclose it to OPCO.
AUDIT RIGHTS
OPCO shall have reasonable access to channel partner’s books and records and the right to audit them on a periodic basis to ensure channel partner’s compliance with all applicable laws and the provisions of this agreement. Channel partner shall cooperate fully and promptly with any compliance investigation OPCO may initiate to review channel partner’s performance under the Compliance With Laws provisions of this agreement.
CERTIFICATION AND TRAINING
Channel partner shall provide annual certification of compliance with the FCPA, the U.K. Bribery Act and all other laws applicable to channel partner’s activities related to this agreement in the form provided from time to time by OPCO. Channel partner shall participate in anti-corruption/anti-bribery training offered by OPCO as OPCO may direct from time to time.
TERMINATION
OPCO may withhold payments under this agreement, or terminate this agreement immediately, if it believes, in good faith, that channel partner has breached the foregoing compliance with laws provisions of this agreement or caused OPCO to violate the FCPA, U.K. Bribery Act or other applicable laws. OPCO shall not be liable to channel partner for any claim, losses, or damages related to OPCO’s decision to exercise its rights under this provision
EXPORT RESTRICTIONS AND CONTROLS
Products and technical data supplied by OPCO are subject to export laws and regulations. Cha