Policies and Procedures - Ambit Energy

ambit energy, l.p.1Ambit Energy Policies and Procedures Section 1: Code of EthicsAmbit Energy, L.P., and Ambit Marketing, L.P. (“Ambit” orthe “Company”), is guided by core principles establishedby our founders that emphasize integrity, excellence,commitment and enthusiasm in all that we do. Everythingwe do is based on our commitment to improve the lives ofour customers, employees and Independent Consultants(“Consultants”). We want Consultants who will embracethese values with us. Therefore, we insist that Consultantsoperate within the following Code of Ethics, which arepart of, and form the foundation of, the Policies andProcedures.1.1: Integrity and ResponsibilityConsultants will conduct themselves with integrity andresponsibility and will make the Golden Rule of “dounto others as you would have them do unto you” as thecornerstone on which they build their business.1.2: Deceptive and Unlawful PracticesConsultants will uphold the values of Ambit and will notengage in any deceptive, unlawful or unethical consumeror recruiting practice that may be detrimental or reflectpoorly on Ambit, the network marketing industry orthemselves. Consultants will support and advocate thePolicies and Procedures and will respect the spirit andintent in which they were written.1.3: Honesty in Representing theAmbit OpportunityConsultants will familiarize themselves with Ambit’sCompensation Plan and energy service and will representthose to their customers and prospective IndependentConsultants realistically and without misleading orproviding false expectations. Any claims, representationsor statements Consultants make regarding Ambit will bethose included in the Ambit literature.1.4: Downline SupportConsultants will, to the best of their ability, accept andfulfill their responsibilities to train, motivate, support andencourage all Independent Consultants who join theirsales organization. Consultants will treat their businesslike any other prestigious enterprise and will fulfillcommitments they make to their customers, their fellowConsultants and to employees of the company.1.5: Adherence with LawsConsultants will abide by local, state and federal lawsthat govern their independent business. Consultantsunderstand that it is their responsibility to comply withthese laws, the laws of their industry and with Ambit’sPolicies and Procedures as they may be amended fromtime to time.1.6: Compliance With Code of EthicsConsultants will uphold this Code of Ethics andrecognize that its success will require diligence to createawareness among all of Ambit’s Independent Consultants.Consultants will not, in any way, attempt to persuade,induce or coerce another party to breach this Code. Anysuch action is considered a violation of this Code andthereby a violation of Ambit’s Policies and Procedures. Section 2: Introduction2.1: Policies and Compensation PlanIncorporated into Consultant AgreementThese Policies and Procedures, in their present form andas amended at the sole discretion of Ambit Marketing, L.P.(hereafter “Ambit” or the “Company”), are incorporatedinto, and form an integral part of, the Ambit ConsultantAgreement. Throughout these Policies, when the term“Agreement” is used, it collectively refers to the AmbitConsultant Application and Agreement, these Policiesand Procedures, the Ambit Compensation Plan, and theAmbit Business Entity Application (if applicable). Thesedocuments are incorporated by reference into the AmbitConsultant Agreement (all in their current form andas amended by Ambit). It is the responsibility of eachConsultant to read, understand, adhere to, and ensure thathe or she is aware of and operating under the most currentversion of these Policies and Procedures. When sponsoring