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A. IntroductionIn

What is a Code of Ethics?
Ethics is another word for morals, or those principles that direct a person when he asks himself what ought to be the appropriate and correct way for him to act. The Code of Ethics of a company is a document that establishes ethical and appropriate rules of conduct for employees of the company, from the senior management to the last employee.

The Code of Ethics is based in essence on the ancient principle "Do not do to others what is hateful to you".
Every day, each of us is required to make decisions that have ethical implications. For example, decisions about the way we relate to other people during the course of work, handle of company property, manage the finances of the company or observe the safety policies of the company - all are decisions that put our ethical principles to the test.
Below we set the Chemada Fine Chemicals Company (1996) Ltd. (the "Company" or "Chemada") policies.

All employees, members of management and members of the Board of Directors of the Company, are obligated, with respect to each of their decisions within the Company, to act in accordance with Company's Code of Ethics. Any action not in accordance with the Company's Code of Ethics is likely to be considered a breach of discipline.