Common use of Honest and Ethical Conduct Clause in Contracts

Honest and Ethical Conduct. Each director, officer and employee owes a duty to the Company to act with integrity. Integrity requires, among other things, being honest and ethical. This includes the ethical handling of actual or apparent conflicts of interest between personal and professional relationships. Deceit and subordination of principle are inconsistent with integrity. Initials: Each director, officer and employee must: ● Act with integrity, including being honest and ethical while still maintaining the confidentiality of information where required or consistent with the Company’s policies. ● Observe both the form and spirit of laws and governmental rules and regulations and accounting standards. ● Adhere to a high standard of business ethics. ● Accept no improper or undisclosed material personal benefits from third parties as a result of any transaction or transactions of the Company.

Appears in 1 contract

Samples: Independent Director Agreement (Usio, Inc.)

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Honest and Ethical Conduct. Each director, officer and employee owes a duty to the Company to act with integrity. Integrity requires, among other things, being honest and ethical. This includes the ethical handling of actual or apparent conflicts of interest between personal and professional relationships. Deceit and subordination of principle are inconsistent with integrity. Initials: Each director, officer and employee must: 6 of 17 · Act with integrity, including being honest and ethical while still maintaining the confidentiality of information where required or consistent with the Company’s policies. · Observe both the form and spirit of laws and governmental rules and regulations and accounting standards. · Adhere to a high standard of business ethics. · Accept no improper or undisclosed material personal benefits from third parties as a result of any transaction or transactions of the Company.

Appears in 1 contract

Samples: Independent Director Agreement (Payment Data Systems Inc)

Honest and Ethical Conduct. Each director, officer and employee owes a duty to the Company to act with integrity. Integrity requires, among other things, being honest and ethical. This includes the ethical handling of actual or apparent conflicts of interest between personal and professional relationships. Deceit and subordination of principle are inconsistent with integrity. Initials: Each director, officer and employee must: Act with integrity, including being honest and ethical while still maintaining the confidentiality of information where required or consistent with the Company’s policies. Observe both the form and spirit of laws and governmental rules and regulations and accounting standards. Adhere to a high standard of business ethics. Accept no improper or undisclosed material personal benefits from third parties as a result of any transaction or transactions of the Company.

Appears in 1 contract

Samples: Independent Director Agreement (Payment Data Systems Inc)

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Honest and Ethical Conduct. Each director, officer and employee owes a duty to the Company to act with integrity. Integrity requires, among other things, being honest and ethical. This includes the ethical handling of actual or apparent conflicts of interest between personal and professional relationships. Deceit and subordination of principle are inconsistent with integrity. Initials: Each director, officer and employee must: Initials:_____ · Act with integrity, including being honest and ethical while still maintaining the confidentiality of information where required or consistent with the Company’s policies. · Observe both the form and spirit of laws and governmental rules and regulations and accounting standards. · Adhere to a high standard of business ethics. · Accept no improper or undisclosed material personal benefits from third parties as a result of any transaction or transactions of the Company.

Appears in 1 contract

Samples: Independent Director Agreement (Payment Data Systems Inc)

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