ICU Medical

Supplier Code of Conduct

I. Introduction

ICU Medical, Inc. (“ICU Medical”) connects patients and caregivers through life saving and life enhancing medical devices that improve clinical experience and are the essence of outstanding quality-of-care. ICU Medical is committed to delivering quality, innovation and value to our patients and customers. ICU Medical’s Code of Conduct and Business Ethics sets forth our policy (i) to conduct business in accordance with the highest standards of business ethics and integrity and (ii) to comply with all applicable federal, state, and local laws and the laws of other countries in which we do business.

We hold our Suppliers (“Supplier”) to the same high standards of business conduct and expect our Supplier to conduct business in a manner that is consistent with ICU Medical’s values. Supplier must comply with all applicable federal, state, and local laws and the laws of other countries in which we operate, this Supplier Code of Conduct (“Supplier Code”), ICU Medical’s Human Rights Policy, and any applicable agreement, understanding or other binding agreement. ICU Medical reserves the right to evaluate, audit, and inspect Supplier facilities, operations, and records at any time to make sure they are in compliance. ICU Medical reserves the right to take appropriate action upon discovering breaches of this Supplier Code, ICU Medical’s Human Rights Policy, or any relevant law, including requiring prompt rectification or termination of Supplier agreements.

II. Antitrust and Competition Laws

Supplier must comply with all applicable antitrust laws (called competition laws outside of the U.S.). Antitrust laws are intended to promote free and fair competition and prohibit certain activities that unreasonably restrain competition, including but not limited to, understandings or agreements that have the purpose.

III. Anti-Corruption and Anti-Bribery Laws

Supplier must comply with the anti-corruption treatises and laws of the jurisdictions in which ICU Medical operates, including the U.S. Foreign Corrupt Practices Act and the OECD Anti-Bribery Convention. Supplier may not offer, pay, request or accept bribes or engage in corrupt practices in order to advance business interests. This includes paying, offering or promising to pay money or provide other items or services of value to government officials, healthcare professionals employed by a publicly funded health system or insurance company, political parties or organizations, or individuals engaged in politics, in an effort to win or retain business; gain an improper advantage or to improperly influence any decision or activity associated with our business.

Supplier must maintain accurate.

IV. Payments, Gifts, Gratuities and Other Items of Value

Supplier must not offer gifts or kickbacks to ICU Medical employees or their families. In general, ICU Medical employees and their family members may not request or accept payments of money or anything of value from any Supplier or others with whom ICU Medical does business, has done business, or may have occasion to do business. Restricted payments generally include, but are not limited to, any and all of the following:

  • Compensation in any form (cash, kind, credit, etc.);
  • Travel or lodging;
  • Entertainment including, but not limited to, tickets to sporting and other events, and other entertainment activity (golf, tennis, etc.); and
  • Gifts of any kind, nature or description, including discounts, coupons and other offers not available to the public in general.

ICU Medical employees may, however, accept branded promotional items, modest business meals, entertainment ancillary to a legitimate business meeting or approved in advance by ICU Medical, and gifts (other than cash) having a reasonably estimated fair-market value of $50 or less; provided that the payments, gifts, or items are consistent with customary industry practices and applicable law, could not reasonably be construed as a bribe or payoff, do not violate any laws or regulations and are otherwise in accordance with ICU Medical’s policies and procedures.

V. Sales and Business Practices

The following Supplier sales and business practices are expressly prohibited:

  • Use of currency/cash in transactions;
  • Inaccurate lead-time commitments—knowingly providing unattainable lead-time commitments to ICU Medical in an effort to secure business;
  • Over-committing capacity—making commitments to provide a product or service without having the capacity to meet the commitment; and
  • Direct solicitation and communication (flyers, promotional materials, etc.) on ICU Medical’s premises without ICU Medical Supply Chain’s approval.

VI. Use and Protection of ICU Medical’s Confidential Information

Supplier is expected to maintain the confidentiality of information entrusted to them by ICU Medical or by its customers, Supplier or partners, except when disclosure is expressly authorized or is required by law. Confidential information includes, but is not limited to, material specifications and conditions, cost sheets, profit information, names of Supplier, purchasing strategies, contract details, R&D data, financial, sales and marketing information, confidential employee information and any other information considered to be confidential.

Supplier requiring access to ICU Medical’s confidential information must complete a Confidential Disclosure Agreement available from ICU Medical Supply Chain.

VII. Data Privacy

In the event Supplier has access to personal information or personal health information of ICU Medical employees, patients, research subjects and customers, Supplier must access, use, transmit, store and dispose of personal information and protected health information in a safe and secure way and in accordance with applicable laws and regulations.

VIII. Conflicts of Interest

Supplier must avoid conflicts of interest or impropriety, and/or the appearance of conflicts of interest or impropriety in their activities. A conflict of interest exists when personal or financial activities or interests (or those of a family member) could inappropriately influence or appear to inappropriately influence the ability to act in ICU Medical’s best interests. Supplier must disclose actual or potential conflicts of interest to ICU Medical’s management or ICU Medical’s Legal department. Supplier must also appropriately document conflict disclosures.

IX. Quality, Environment, Health & Safety

Supplier must comply with all applicable laws and regulations regarding quality, health, safety and environment. Supplier will be accountable for the quality of the products and services they provide. All Supplier products shall meet applicable standards under quality, environmental, health and safety laws and regulations and industry best practices.

Supplier must have appropriate programs in place and operate in accordance with all applicable environmental, health and safety requirements. Supplier must provide appropriate controls, safe work procedures, preventative maintenance and necessary technical protective measures to ensure health and safety in the workplace and prevent workers’ exposure to safety hazards. Supplier must provide appropriate personal protective equipment to their employees. Supplier, while on site at ICU Medical, must work in ways that ensure the safety of their workers and the safety of others and are consistent with applicable ICU Medical and governmental environmental, health and safety requirements.

X. Trade Compliance

Supplier must comply with applicable trade laws and regulations controlling imports, exports, re-exports and diversion of products, components, goods, services and technical data, including import and customs laws, export controls, sanctions, denied parties lists, anti-boycott laws and diversion of products.

XI. Conflict-Free Minerals

ICU Medical is committed to responsible sourcing of conflict-free minerals. Supplier must comply with applicable laws and regulations governing conflict minerals.

XII. Labor Laws and Human Rights

ICU Medical expects the Supplier to uphold the same standards we set for ourselves. Supplier shall be committed to treating all workers with dignity and respect. Supplier must comply with all applicable employment laws and regulations, including laws relating to non-discrimination, fair treatment, wages, benefits and working hours.

Supplier shall not make use of any form of forced, coerced, bonded, indentured or compulsory labor, including (amongst others) prison labor, labor enforced by debts or violence, or labor enforced by withholding of personal identification documents. Supplier shall also comply with all applicable labor laws, rules and regulations, including but not limited to, all laws forbidding the solicitation, facilitation, or any other use of slavery, forced labor or human trafficking. Supplier must ensure that they are compliant with these requirements and regularly take measures to audit, identify and eliminate any form of slavery, forced labor or human trafficking within their business or within the business of counterparties with whom they work.

Supplier must use only workers who meet the minimal legal age for employment as defined by local law where they work, as well as for the type of work. As mentioned in this Supplier Code, Supplier is expected to report any actual or suspected violations of this Supplier Code to ICU Medical's management or Legal department without delay. Failure to do so, or failure to adequately rectify the issues that have arisen to the satisfaction of ICU Medical, may lead to the termination of the business relationship.

XIII. Performance and Services Requirements

Supplier shall have and continue to maintain all professional licenses, consents, authorizations, permits and certificates as required by law to provide services or products to ICU Medical.

Supplier is expected to continually improve performance by setting performance objectives, executing improvement plans and taking necessary corrective actions with respect to any deficiencies identified by internal or external (including governmental) assessments, audits, inspections, and reviews.

XIV. Compliance Program and Flow-Down

Supplier shall establish and maintain a compliance program and system of internal controls reasonably designed to ensure compliance with all applicable laws and regulations and the requirements set forth in this Supplier Code. Supplier is responsible for ensuring that its own operations, as well as those of its sub-suppliers, affiliates, subcontractors, consultants, agents, upstream vendors and other third parties used by Supplier in the performance of services comply with all of the policies, regulations and directives of ICU Medical, including this Supplier Code.

XV. Exclusion/Debarment

If required by law or regulations, or requested by ICU Medical, Supplier must screen their officers, directors, employees or agents, against U.S. federal or state government exclusion lists to ensure that such individuals and entities are not excluded or debarred from participation in any governmental health care or procurement program. Supplier must notify ICU Medical immediately if they or any of their officers, directors, employees or agents have been excluded or debarred from participation in any U.S. federal or state governmental health care or procurement program.

XVI. Compliance with Supplier Code

Where the standards of this Supplier Code conflict with or differ from the standards of applicable local laws, Supplier is expected to apply the higher of the two.

Supplier is expected to seek guidance from or report actual or suspected violations of this Supplier Code to ICU Medical’s management or Legal department without delay.

Reports or inquiries should be directed to:

VP, Global Procurement
ICU Medical, Inc.
600 North Field Drive, Lake Forest, IL 60045
E-mail: GP@icumed.com

OR

Office of Legal Counsel
ICU Medical, Inc.
951 Calle Amanacer, San Clemente, CA 92673
E-mail: Notice@icumed.com