To the extent permitted by law, Liquidity Services expects its Suppliers to have in place reasonable and appropriate systems through which allegations of wrongdoing may be investigated and remediated. Liquidity Services expects that its Suppliers will fully investigate allegations of wrongdoing within their own organizations. Suppliers must notify Liquidity Services in writing if Suppliers become aware of wrongdoing by their own employees or others related to products or services provided to, or on behalf of, Liquidity Services.
In addition, a Supplier must immediately notify Liquidity Services in writing upon becoming aware of any negative or other adverse publicity concerning the Supplier or any product or service being supplied to Liquidity Services by the Supplier, or any event or circumstance related to the Supplier that could be expected to cause negative or other adverse publicity concerning Liquidity Services.
It is the responsibility of each Supplier to ensure that its employees and representatives understand and comply with this Supplier Code of Conduct. Failure to adhere to the Supplier Code of Conduct may be grounds for terminating the Supplier relationship depending on the seriousness of the violation and the particular circumstances.