Statement of Values

- People -

• We are committed to developing and maintaining a highly competent, highly motivated and results orientated organization.
• We seek to attract, develop and retain individuals who demonstrate integrity, professional competency and a commitment toward self-development.
• We are committed to fairness and consistency in employee relations.
• Our goal is to promote from within the organization; however, we must have the best talent available and, at times, may have to hire from outside the organization.
• We strive to identify individuals who are outstanding performers, to provide them with continuous challenges and to search for effective ways to compensate them by utilizing significant incentives.
• We feel the company's continued growth is an important factor in our ability to achieve these and other corporate objectives.

- Operations -

• Cedar Enterprises is a restaurant operator committed to the highest level of customer satisfaction in the areas of quality, service, cleanliness and value.
• Our success requires / demands that the entire organization be customer oriented.
• We expect all management to demonstrate capabilities to plan objectives, delegate responsibilities, motivate people, control operations and achieve results measured against planned objectives.
• We are highly competitive and committed to success; however, as a human organization, we will make mistakes. We must openly acknowledge our mistakes, learn from them and take corrective action.
• We must work to promote teamwork and a winning attitude. This is accomplished through open communication, mutual respect, commitment and humility.

- Profit -

• Our success is dependent on our ability to generate profits from Operations. We will manage financial objectives which will provide for profitable operations, capital growth and will maximize shareholder value over the long term.
• We will manage the company in a prudent and financially sound manner.