Code of Ethical Business Conduct ("Code") covers a wide range of business practices and procedures. It does not cover every issue that may arise, but it sets out basic principles to guide all employees, officers and directors of the Company. Obeying the law, both in letter and in spirit, is the foundation on which this Company's ethical standards are built. All of the Company's employees and directors must conduct themselves accordingly and seek to avoid even the appearance of improper behaviour. All employees, officers and directors must respect and obey the laws of the cities, states and countries in which they operate.
A "conflict of interest" exists when a person's private interests interfere in any way with the interests of the Company. All employees, officers and directors should avoid any personal activity or participation in any venture which may create a conflict with their responsibility to protect and promote the best interests of the Company. Employees, officers and directors should assure that their spouses and dependents avoid any activity which would constitute a conflict of interest if engaged in by the employee, officer or director. For example, any activity which would allow you, or a member of your immediate family, to enjoy personal gain or benefit as a result of your employment relationship with the Company would be considered a conflict of interest.
Gifts
No gift, loan or favor should be made to or accepted by employees, officers, directors or their immediate families involving any supplier, customer, or others with whom the Company does business if it is intended to influence a business decision. This does not prohibit casual entertainment, business entertainment consistent with the Company's usual practices, or gifts which are reasonably viewed under the circumstances in which they are given or received to be of nominal value. For this purpose, any...
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