The overall intent of this policy is to ensure that no employee benefits personally from his or her relationship with our customers, suppliers, vendors, or other business partners. As employees, we are committing our business loyalty to Company. This commitment is breached when someone engages in activities that cause a conflict of interest. Conflicts of interest may arise when employees are influenced by considerations of gain or benefit for themselves or their family members which conflict with their obligation to serve Company's best interest. Conflicts of interest can take many forms, not all of which are described in this code. The following are examples of conflicts of interest:
· Consulting with or employment by a competitor, supplier, or customer of Company;
· Holding a substantial equity, debt, or other financial interest in any competitor, supplier, or customer;
· Having a financial interest in any transaction involving the purchase or sale by Company of any products, materials, equipment, services, or property, other than through Company-sponsored programs;
· Using employees, materials, equipment, or other assets of Company for any unauthorized purpose; or
· Accepting cash, gifts, entertainment, or benefits from any competitor, supplier or customer that have a more than a modest value.
All employees are required to prevent the following problems from occurring:
· Taking a part-time job; engaging in outside consulting, managerial, or employment relationships; or holding public office where you may be tempted to spend time on that job or engagement during your normal Company working hours or to use Company equipment or materials
· Receiving gifts, or accepting loans or guarantees of obligations, from any individual, organization, or entity doing, or seeking to do, business with Company
· Receiving personal discounts or other benefits from suppliers, service providers or customers not available to the general public
· Directing business to a supplier that is owned or managed by a relative or close friend
· Misusing Company resources, your position, or influence to promote or assist an outside activities unrelated to your work.
· Preferential hiring of, direct supervision of, or making a promotion decision about a spouse, relative, or close personal friend
· Engaging in a romantic or other personal relationship that may create a conflict of interest with the employee’s Company responsibilities or compromise Company interests