Workplace
18

provide money or its equivalent, gifts, meals or entertainment of any value to any government employee, unless specifically allowed by law. Laws concerning this matter are often complex and vary from country to country. Before offering or accepting any gifts, meals or entertainment to or from a government official, consult with the Global Law department or your local Compliance Officer.

Bribery and Corruption

Often in our industry, a country's government is both the regulator of our products and a major customer. We also retain the services of scientists and doctors for consulting and research activities and many of them are employees of public institutions and may be considered government employees.

Most countries in which we do business have laws that forbid making, offering or promising any payment or giving anything of value (directly or indirectly) to a government employee when the payment or gift is intended to influence an official act or decision to obtain or retain business or secure an unfair business advantage. Under the U.S. Foreign Corrupt Practices Act, foreign political parties and candidates as well as officers and employees of state-owned companies are considered

Q. Can I provide gifts to my
customers during the holiday
season?

A. Not only do countries have
different laws regarding what
types of gifts can be provided,
but our customers may also be
subject to specific guidelines
of their employers. You should
ensure that holiday gifts are
allowed in your country and
by your customers’ employers,
and determine if there is a cost
limit. You should also discuss
with your manager the
appropriateness of providing
gifts to customers. At all
times, gifts must be modest,
appropriate and customary
with local standards.

Bribery and Corruption

Q. I was told that I could hire a consultant to take care of getting all the permits we need from a foreign government. He requested a $40,000 retainer and said that he would use the money to "help move the process along." Since we don't really know where the money is going, do we have to worry about it?

A. Absolutely. You must know where that money is going and for what purpose it is being used. Moreover, the Company is required to take steps to ensure...

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