Contracts entered into in the name of Infografrica (Pty) Ltd (“Infografrica (Pty) Ltd” shall mean any subsidiary of Infografrica (Pty) Ltd Holdings Proprietary Limited) are binding on Infografrica (Pty) Ltd and create ongoing obligations. It is important that the contracts be of a high standard, reflect the envisaged transaction unambiguously and provide the necessary protections for Infografrica (Pty) Ltd.
For this reason it is vital that prior to any contract being concluded, the necessary professional advice be obtained and the draft contract be carefully scrutinised.
Failure to adhere to this policy could possibly result in Infografrica (Pty) Ltd suffering damages.
The safe-keeping of originally signed contacts with a proper contracts register is maintained to provide definitive audit trails, termination procedures and necessary if they become litigious.
The purpose of the policy is to provide clear guidelines relating to the above and to detail the procedure to be followed in relation to the following:
This policy ensures that Infografrica (Pty) Ltd and all its stakeholders upholds ethical standards and complies with anti-bribery and anti-corruption laws, while also providing clear guidelines on managing gifts and hospitality responsibly.