This excerpt taken from the CTSH DEF 14A filed Apr 17, 2009.
On June 3, 2008, our Board of Directors approved an amended and restated code of ethics entitled Cognizants Core Values and Standards of Business Conduct (the Code of Ethics), which applies to our Directors, officers and employees, including our principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions. The adoption of the Code of Ethics did not result in any waiver, explicit or implicit, of any provision of our previous code of ethics. The purposes of the amendment and restatement were to modernize and clarify the previous code of ethics by, among other things, (i) providing additional clarity with respect to the obligations and responsibilities of our employees under the Code of Ethics and the process for reporting non-compliant activities; and (ii) establishing additional obligations and responsibilities with respect to, among other things, our policies regarding the acceptable use of our and our clients assets and the protection of confidential information and intellectual property.
We have posted our Code of Ethics on our website, which is located at www.cognizant.com. In addition, we intend to post on our website all disclosures that are required by law or NASDAQ Stock Market listing standards concerning any amendments to, or waivers from, any provision of our Code of Ethics.