Statement of corporate policy
Hypertherm, Inc. depends on its ability to export products and to distribute them to customers throughout the United States and other locations around the world. Therefore, Hypertherm, Inc. is committed to fully complying with all export control and sanctions laws and regulations of the United States and all countries where it does business. This policy applies to the company, all of its subsidiaries, and all directors, managers and associates of the Company and its affiliates.
The United States maintains a complex set of laws and regulations administered by several different agencies that govern the export of goods, technology and services from the U.S. and certain re-exports and retransfers outside the U.S. These laws and regulations require an export license to export certain products and technology and restrict the export of all products or technology to designated destinations, end users and end uses. Please note, exports include technical exchanges or discussions with non-U.S. nationals (including associates) regardless of their location (even in the U.S.) or whether they are employed by Hypertherm, Inc.
Each associate has the principal responsibility for ensuring export compliance in connection with its operations and its undertakings on behalf of Hypertherm, Inc. or any of its affiliates. No transaction contrary to U.S. export control and sanctions laws and regulations shall be undertaken under any circumstances. Any export control or sanctions compliance failure can result in substantial fines, the loss of export privileges, and/or imprisonment for any individuals involved.
Hypertherm, Inc.'s leadership is fully committed to ensuring export control and sanctions compliance and expects every director, manager, and associate of Hypertherm, Inc. and its affiliates to share in that commitment. It is the responsibility of each individual associate and, in particular, those involved with the sale and distribution of Hypertherm, lnc.'s products and services, to be aware of and comply with U.S. export control and sanctions laws and regulations, as well as applicable foreign laws and regulations, in performing their jobs. If you have any questions concerning how these laws and regulations apply to you or any Hypertherm activity, please contact the Export Compliance Manager for guidance.
Evan Smith
Chief Executive Officer