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MEDIATION POLICY

MEDIATION POLICY

This Mediation Policy (hereinafter referred to as” Policy”) is effective from [INSERT THE DATE ON WHICH MEDIATION POLICY COMES INTO FORCE] and applies to all employees of the [INSERT THE NAME OF THE COMPANY] (hereinafter referred to as “Us” or “we” or “Company”).

This policy demonstrates its commitment to fostering a dynamic and forward-thinking workforce that thrives on continuous improvement and Company’s growth.

  1. PURPOSE
    1. This policy is implemented to provide a fair and transparent process for addressing and resolving disputes within the Company. By upholding these guidelines, we can collectively contribute to the success of our company and maintain the confidence of our clients, partners, and customers.
  2. SCOPE
    1. This policy applies to all those who are associated with the Company. It is designed to ensure consistency, transparency, and fairness with company standards and applicable laws and regulations.
  3. MEDIATION PROCEDURE
    1. Any party involved in a dispute may initiate mediation by submitting a formal written request to the concerned authority.
    2. Upon receiving the mediation request, the Company will notify the other party involved in the dispute within [INSERT TIMEFRAME WITHIN WHICH THE COMPANY SHALL NOTIFY OTHER PARTY IN CASE OF DISPUTE].
    3. The mediator will be approved by the higher authorities of the Company and will work to resolve the dispute while keeping the matter confidential.
    4. If any party is dissatisfied with the decision, they may pursue another dispute resolution method, such as arbitration or litigation.
  4. MEDIATION AGREEMENT
    1. If the parties reach an agreement, the mediator will assist in drafting a written agreement that outlines the terms of the resolution.
    2. The agreement will be signed by all parties and, if applicable, may be legally binding.
    3. The parties are responsible for implementing the terms of the agreement.
  5. ROLES AND RESPONSIBILITIES
    1. The mediator must avoid conflict of interest and commit to honesty and integrity.
    2. The mediator must assist the parties in understanding the underlying issues, reducing mis understandings, and arriving at a resolution acceptable to both the parties involved.
    3. Parties involved in the dispute must have faith in the mediation process and be prepared to share significant information.
  6. CONFIDENTIALITY, INFORMATION SECURITY, PROPRIETARY INFORMATION, AND INTELLECTUAL PROPERTY
    1. Documents and communications related to the mediation process must remain confidential and should not be disclosed outside the mediation process, except as required by law.
    2. We are committed to information confidentiality, integrity, and accessibility, we implement proper security measures, and it is our obligation to uphold this. Proprietary information includes all non-public information that might be harmful to the company or its customers, business partners if disclosed to unauthorized parties. All members must handle any such information as secret. It also covers that, no one is entitled to trade with securities while in possession of non-public information or deliver non-public information to others that could have an impact on the securities. Every rule ensuring information security must be followed all the time.
    3. Employees must maintain the confidentiality of the company and information. Sharing sensitive information with unauthorized individuals is strictly prohibited.
  7. CHANGES TO THE POLICY
    1. We reserve the right to update and make changes to this policy from time to time based on the working conditions of the Company. The Company on updating this policy will inform the employees of the Company.
  8. FURTHER INFORMATION
    1. For any queries or further Information regarding our Company or about this Policy, the concerned person can contact us through email [INSERT THE EMAIL ADDRESS OF COMPANY]
  9. ACKNOWLEDGEMENT
    1. We expect all employees and customers to adhere to this policy of the Company. The Company will apply this policy consistently and fairly to ensure the well-being of employees and customers.
    2. By signing below, you acknowledge that you have carefully read and understood the terms and contents of this policy.
    3. You acknowledge that you will follow the set guidelines of this policy as well as of the Company and failure to do so; the Company can take required action against such person.

COMPANY                

Authorized Signature

[INSERT NAME/DESIGNATION OF SIGNING AUTHORITY OF COMPANY]