COBC - Code of Business Conduct - Halliburton
COBC - Code of Business Conduct - Halliburton
COBC - Code of Business Conduct - Halliburton
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Receiving Gifts, Entertainment or Hospitality from<br />
Clients and Vendors<br />
<strong>Halliburton</strong> discourages employees from accepting<br />
gifts, entertainment or hospitality from clients and<br />
vendors, as doing so may unintentionally influence<br />
your business decisions. However, we recognize that, in<br />
certain circumstances, exchanging gifts, entertainment or<br />
hospitality with non-government clients and vendors is an<br />
acceptable business practice. As such, you may give or receive<br />
appropriate business gifts, entertainment or hospitality in<br />
connection with your work with commercial partners and<br />
other non-governmental parties, provided that all such gifts<br />
or entertainment are nominal in value. Employees must never<br />
solicit gifts, entertainment or hospitality from clients and<br />
vendors, particularly in return for business or other favorable<br />
treatment. Any gift that creates a feeling <strong>of</strong> obligation in the<br />
recipient is not <strong>of</strong> nominal value and should not be accepted.<br />
Gifts <strong>of</strong> cash, gift cards or other monetary gifts <strong>of</strong> any<br />
kind regardless <strong>of</strong> dollar value are more likely to create the<br />
appearance <strong>of</strong> impropriety and are prohibited.<br />
You should not receive any gifts or entertainment from<br />
vendors if you are a member <strong>of</strong> the team evaluating open<br />
tenders for which the vendor is competing. Procurement<br />
policies may apply.<br />
References<br />
Company Policy 3-15540, “Gifts and Entertainment Provided by<br />
Suppliers and Supplier Sponsorship <strong>of</strong> Company Events”<br />
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