COBC - Code of Business Conduct - Halliburton
COBC - Code of Business Conduct - Halliburton
COBC - Code of Business Conduct - Halliburton
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Gifts, Entertainment and Hospitality<br />
While reasonable gifts, entertainment and hospitality can be<br />
appropriate during the normal course <strong>of</strong> business, they must<br />
never compromise the integrity <strong>of</strong> our business relationships.<br />
The giving or receiving <strong>of</strong> any gifts, entertainment, hospitality<br />
or other benefit that creates a feeling <strong>of</strong> obligation on the part <strong>of</strong><br />
the recipient is prohibited under the <strong>Code</strong> and is illegal under the<br />
laws <strong>of</strong> most countries, including the U.S.<br />
In general, gifts, entertainment and hospitality should not:<br />
• Be solicited<br />
• Be <strong>of</strong>fered or accepted during any bidding process<br />
(sales or procurement)<br />
• Be in the form <strong>of</strong> securities, cash, cash equivalents (including<br />
gift certificates, stocks and savings bonds), precious metals or<br />
items that can be readily converted to cash<br />
May I accept a gift certificate from one <strong>of</strong><br />
our suppliers?<br />
No. <strong>Halliburton</strong>’s gift policy prohibits<br />
employees from accepting any gifts <strong>of</strong><br />
cash or cash equivalents regardless <strong>of</strong><br />
value. Additionally, <strong>Halliburton</strong> prohibits<br />
employees from accepting any gifts,<br />
entertainment, dining or other benefit<br />
that might create a feeling <strong>of</strong> obligation<br />
on the part <strong>of</strong> the employee or otherwise<br />
compromise the employee’s pr<strong>of</strong>essional<br />
judgment. Nominal gifts or entertainment<br />
received during the normal course <strong>of</strong><br />
business are generally acceptable.<br />
• Be <strong>of</strong>fered to or accepted by the same recipient with<br />
unreasonable frequency<br />
• Be inconsistent with accepted and customary<br />
business practices<br />
• Be <strong>of</strong>fered to influence or reward a particular business<br />
decision or action<br />
• Be <strong>of</strong>fered to government <strong>of</strong>ficials without prior approval<br />
by the Anti-Corruption & International Compliance (ACIC)<br />
Practice Group<br />
• Violate applicable law or policies<br />
• Be <strong>of</strong> a nature that would embarrass the Company if<br />
publicly disclosed<br />
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