Define: Ethical Practices

How is Ethical Practices defined in a legal contract?

• Ethical Practices means practices or procedures that are put in place to ensure that no stakeholders, officers, directors, employees, or agents of an [organization] engage in any behavior, directly or indirectly, that would lead to or further: (i) any offer, payment, promise of payment or authorization of the payment of any form of property, or any gift, promise to give, or authorization of the giving of anything of value to any [government official], political party, public international organization or an official thereof or any candidate for political office; or (ii) a violation of any relevant laws concerning corrupt practices. Seen in 3 SEC filings

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of ethical practices' yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

Ethical Practices means conduct under procedures preventing stakeholders' engagement in corruption and law violations.

Relevant Contract Types:

• Employment Contract
• Partnership Agreement
• Vendor Agreement
• Non-Competition Agreement

Relevant Circumstances

• Establishing a new business partnership.
• Hiring new employees.
• Engaging service providers.

Relevant Sectors

• Technology
• Finance
• Healthcare

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