On behalf of our 1,800 Associate owners worldwide, thank you for contributing to the success of Hypertherm. This has been a challenging year for all of us and we appreciate working with you to meet our mission of providing customers with the world’s leading industrial cutting solutions.
I thought I would take a moment to remind you of Hypertherm’s commitment to compliance with all applicable laws related to U.S. export controls compliance and anti-corruption, as well as Hypertherm’s associated expectations with respect to your activities on behalf of Hypertherm.
Hypertherm’s policy is to comply with all applicable U.S. export control and global anti-corruption laws and regulations. Hypertherm requires each company it does business with to similarly commit to compliance in connection with its activities undertaken on behalf of Hypertherm or that involve Hypertherm products.
Hypertherm products are U.S. origin and subject to regulation by United States government agencies, which prohibit the export, reexport, retransfer or diversion of the products, information about the products, and derivatives of the products to certain countries, to certain persons, and for certain end users. Hypertherm expects that the companies it does business with are familiar with the application of U.S. Export Control Laws to their business and their activities involving Hypertherm products, and that they have in place internal policies and procedures to ensure compliance with these laws in their handling and disposition of Hypertherm products.
In addition to complying with U.S. Export Control Laws, Hypertherm expects compliance with all applicable local, state and federal anti-corruption laws, including but not limited to the Foreign Corrupt Practices Act of 1977, in connection with their activities on behalf of Hypertherm or involving Hypertherm products. Agents, employees, officers, directors, shareholders, partners, representatives and subcontractors are not permitted to offer, promise or authorize the payment of, or pay or transfer, any money or anything else of value to a foreign government official for the purpose of obtaining or retaining business for, directing business to, or otherwise securing an improper business advantage.
Violation of U.S. Export Control Laws and/or Anti-Corruption Laws may jeopardize the ability of Hypertherm to engage in international commerce or to contract with the U.S. government. Violations may also subject Hypertherm and your company to substantial fines and penalties, as well as denial of export privileges. Our joint commitment to compliance should help all of us to avoid any such negative outcomes.
Finally, Hypertherm prohibits our Associates from soliciting or receiving gifts or anything of value from those we do business with. We value our partnership and would never want to compromise the integrity of our ongoing relationship.
We request that you immediately advise Hypertherm if you become aware of or suspect non-compliance with our gift prohibition, U.S. Export Controls Laws, Anti-Corruption Laws, or any other applicable legal regime involving Hypertherm or Hypertherm products, and to fully cooperate with Hypertherm in investigating such matter. To encourage such communication, Hypertherm has established an anonymous tip line which can be accessed as follows:
Thank you for your continued commitment to compliance. We look forward to continuing to work with you.