Standards, Policies and Laws

Accurate Books and Records

All company books and records must be accurate and complete. Not only are they necessary for the proper management of the business, the law requires it. Transactions must be completed only in accordance with management authorization; payment of company funds must be made only for the purpose described and authorized. False or misleading entries are prohibited. Adequate internal controls must be maintained to provide reasonable assurance that the company is meeting these requirements. All violations concerning accounting or auditing matters should be reported and may be done so directly and anonymously to the Audit Committee of the Board through the Ethics Reporting Hotline. 

The company expects its employees and representatives to be truthful and honest in their statements and records. This includes the full, fair, accurate, timely and understandable disclosure in the company’s periodic reports filed with the Securities and Exchange Commission and in other public communications. No false or misleading statements shall be made to regulators or auditors in connection with any applicable examination. All employees must follow the company’s Record Retention Policy and shall not knowingly destroy or modify any company document (paper or electronic) that is the subject of a criminal, civil or administrative investigation or litigation. Any questions should be directed to the Legal Department, the local ethics advisor or the Ethics Reporting Hotline.