On June 3, 2008, the Board of Directors of Cognizant Technology Solutions Corporation, a Delaware corporation (the "Company"), approved an amended and restated code of ethics entitled "Cognizant's Core Values and Standards of Business Conduct" (the "Code of Ethics"). The adoption of the Code of Ethics did not result in any waiver, explicit or implicit, of any provision of the Company’s 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 the Company’s 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, the Company’s policies regarding the acceptable use of the Company’s and client’s assets and the protection of confidential information and intellectual property.