Define: Standard of Conduct
Standard of Conduct means acting in good faith and in the best interests of [organization], without believing the actions to be unlawful.
Legal accuracy standard set & glossary spot-checked by Imad Mohammed Nazar , Skadden-trained M&A lawyer, Legal Engineer at GenieAI
Standard of Conduct means acting in good faith and in the best interests of [organization], without believing the actions to be unlawful.
Relevant Circumstances
- Hiring of new employees
- Forming new partnerships
- Signing confidentiality agreements
- Changes to board of directors