Business Values Statement

BUSINESS VALUES STATEMENT

This Business Values Statement (the "Statement") is made effective as of between Company Name: located at ("Company"), and Partner Name: located at ("Partner").

WHEREAS

WHEREAS, Company and Partner each recognize that clearly articulated business values guide decision-making, promote consistent conduct, and are essential to sustaining the commercial relationship contemplated by the parties;

WHEREAS, the parties desire to set forth a joint statement of core values and a framework for implementing, monitoring, and enforcing those values as part of their business dealings and any related agreements;

WHEREAS, the parties intend that this Statement form a binding expression of commitments regarding conduct, confidentiality, and remedies for material breaches to the extent incorporated into or referenced by separate commercial agreements between the parties.

CORE VALUES

The parties adopt the following core values as fundamental principles to guide all operations and interactions arising from their relationship. For each checked value, a concise operational definition and examples of expected behavior must be provided.

SCOPE OF WORK

The parties will apply the stated core values to the following activities, deliverables, and obligations. The description below shall serve as the operational scope defining how values are implemented, monitored, and reported.

PAYMENT TERMS

The parties agree that certain obligations tied to this Statement or to associated deliverables may give rise to payments. Payment terms established herein shall apply where payment is due under a separate commercial agreement that references this Statement.

Late payments shall incur interest at per month (or the maximum permitted by law, if lower), and a one-time administrative fee of .

TERM AND TERMINATION

This Statement shall commence on Start Date: and shall continue until End Date: unless earlier terminated as provided below.

Either party may terminate this Statement for convenience upon written notice delivered at least days prior to the intended termination date.

Material breach of a core value obligation, including but not limited to willful breaches of confidentiality or fraudulent conduct, shall permit the non-breaching party to terminate immediately upon written notice and to pursue any remedies available at law or in equity.

CONFIDENTIALITY

Each party shall treat as Confidential Information any non-public information designated as confidential or that reasonably should be understood to be confidential given the nature of the information and the circumstances of disclosure. Confidential Information shall not include information that: (i) is or becomes generally available to the public through no fault of the receiving party; (ii) was rightfully in the receiving party's possession prior to disclosure; (iii) is lawfully obtained from a third party without restriction; or (iv) is independently developed by the receiving party.

Confidentiality obligations shall survive termination of this Statement for a period of years, except to the extent otherwise required by applicable law.

GOVERNING LAW

This Statement and any dispute arising out of or relating to this Statement shall be governed by and construed in accordance with the laws of without regard to its conflict of law principles. Venue for any action arising from this Statement shall be the state or federal courts located in the selected jurisdiction unless the parties agree otherwise in writing.

ENTIRE AGREEMENT

This Statement constitutes the entire expression of the parties' commitments concerning the subject matter hereof and supersedes all prior understandings, representations, and agreements, whether written or oral, relating to the parties' business values and the procedures for their implementation. Any amendment to this Statement must be in writing and signed by authorized representatives of both parties.

ACKNOWLEDGMENT

The undersigned representatives certify that they are authorized to bind their respective parties, that they have read and understand this Statement, and that their respective organizations will take reasonable steps to implement and enforce the core values and related obligations described herein.

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