Empowered management through improved knowledge

Section number

02

Version

1.0

Section name

Policies

Approved date

2013-07-31

Document number

0202

Valid date

2013-07-31

Document name

Code of Conduct

Approved by:

TR

Introduction

Viendo is committed to the principle of honest and ethical conduct in all aspects of our business. The basic principal that governs all of our employees is that any Viendo business activity should be carried on with loyalty to the interest of our customers, suppliers, fellow employees, strategic partners, other business associates and the community.

 

Viendo is committed to a high standard of business conduct. This means conducting business in accordance with the spirit and letter of applicable laws and regulations and in accordance with ethical business practices.

 

The Code that follows essentially accounts business and ethical principles which is a part of Viendo’s business practice and everyday conduct of its employees.

 

The main role of the Code is to promote:

  • honest and ethical conduct, including the ethical handling of actual or apparent conflicts of interest between personal and professional relationships;
  • avoidance of conflicts of interest, including disclosure to an appropriate person or persons identified in the Code of any material transaction or relationship that reasonably could be expected to give rise to such a conflict;
  • compliance with applicable governmental laws, rules and regulations;
  • the prompt internal reporting of Code violations to an appropriate person or persons
  • personal accountability for adherence to the Code.

     

    This Code, which covers a wide range of business practices and procedures, applies to all employees of the Viendo. This Code does not cover every issue that may arise, but it sets out basic principles to guide all employees who must conduct themselves accordingly and seek to avoid even the appearance of improper behavior. Any person who violates the standards in this Code will be subject to disciplinary action.

     

    Universal Ethics

    The foundation of the Code is built on the framework of personal, professional and global principles of ethics observed in many different cultures, philosophies, faiths and professions.

     

    Compliance with Laws, Rules and Regulations

    As the formal consequence of above , we always respect and obey the prevailing law, both in letter and in spirit. All personnel must respect and obey the laws of the cities, states, and countries in which Viendo operates. It is the personal responsibility of each employeeto adhere to the standards and restrictions imposed by those laws, rules and regulations.

     

    Where a person subject to the Code reasonably believes that Viendo is not compliant with any law or regulation, we encourage that person to bring the matter up directly with his or her immediate supervisor.

     

    Conflicts of Interest

    A “conflict of interest” occurs when an individual’s private interest interferes or appears to interfere with the interests of the Company.

     

    All personnel shall maintain a high degree of integrity in the conduct of Viendo’s business and maintain independent judgment. A conflict of interest can arise when an employee takes actions or has interests that may make it difficult to perform his or her work objectively and effectively. For example, a conflict of interest would arise if an employee, receives improper personal benefits as a result of his or her position in Viendo. Conflicts of interest include, a person:

  • making an investment that may affect his or her business decisions on behalf of Viendo;
  • making a material decision on a matter on behalf of Viendo where the person’s self-interests may questioned;
  • being employed by or accepting compensation from any other person or entity as a result of business activity or prospective business activity affecting Viendo.

     

    Competition and Fair Dealing

    Viendo seeks to outperform competitors fairly and honestly through our performance, never through unethical or illegal business practices. Stealing proprietary information, possessing information that was obtained without the owner’s consent, or inducing such disclosures by past or present employees of other companies is prohibited. All personnel should endeavor to respect the rights of and deal fairly with Viendo customers, suppliers, competitors and employees.

     

    Preferential Treatment and Gifts

    The purpose of business entertainment and gifts is to create good will and sound working relationships, never to gain unfair advantage with customers. Employees should discuss with their supervisor any gifts or proposed gifts that they are not certain are appropriate. And never accept gifts or entertainment exceeding NOK 750.

     

    Discrimination and Harassment

    The diversity of employees is an asset. Viendo is firmly committed to providing equal opportunity in all aspects of employment and will not tolerate any discrimination or harassment based on gender, nationality, religion, physical disabilities or sexual preferences.

     

    Health and Safety

    Viendo strives to provide each employee with a safe and healthful work environment.

    All personnel have responsibility for maintaining a safe and healthy workplace by following safety and health rules and practices and reporting accidents, injuries, and unsafe equipment, practices, or conditions. The use of illegal drugs in the workplace will not be tolerated.

     

    Non-Disclosure of Information

    No employees shall give any information to any third party about any business transaction of Viendo or our business associates that are proposed or in process unless expressly authorized to do so by the management.

     

    Guarding Corporate Assets

    All personnel have a duty to safeguard Viendo assets, including its equipment, records, customer information and intellectual property. Company assets shall be used for Company business only.

     

    Social Commitments

    We recognize that the people are the biggest asset and the most important element of our business environment so our interpersonal relations are always governed by mutual respect and based only on professional skills and competency. We as organization stay away from politics, political donations and political activities in any form.

     

    Environment

    We do our utmost to preserve the natural environment and to promote the healthy and natural way of living among all people we deal with.

     

    Implementation of the Code

    All employees are required to act and conduct in accordance with the Code. The Code goes into effect as of today and all employees and management should promptly acquaint with its content.

Change log:

1.0 Original

Viendo as - Steinsvikneset 4 - 5251 Søreidgrend - Norway

Org no: 990794278 VAT

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