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Franman's Business Ethics Policy
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Use of Company Funds and Assets
The assets of the Company are to be used solely for the benefit of the Company and only for valid business purposes. The assets of Franman are much more than our equipment, inventory, company funds, or office supplies. They include technologies, concepts, business strategies and plans, financial data, and other information about our business. These assets may not be improperly used to provide personal gain for members of personnel or others. Members of personnel may not transfer any of the assets to other people, except in the ordinary course of business.

Confidential Information
As part of his/her job, a member of personnel may have access to confidential information about Franman, its customers, suppliers and competitors. Until material information has been made public, this information is not to be disclosed to coworkers who do not have a business need-to-know, nor to external physical or business entities for any reason except in accordance with established Company procedures, which may include confidentiality agreements when appropriate. Members of personnel may not use confidential information obtained on the job for personal financial gain through Company’s commercial activities or other personal financial transactions. "Confidential information" includes information or data on products, business strategies, information related to Principals, processes, systems, procedures, etc., as well as all financial data.

Conflicts of Interest (Personal Financial Interests & Outside Activities)
Members of personnel should avoid any outside financial activity that might influence their work, company decisions or actions. Members of personnel should also avoid outside employment or activities that materially decreases the performance, impartiality, judgment, effectiveness, or productivity expected from every one on his or her job. Specifically, they should avoid situations in which private interests conflict or interfere with the loyalty to the Company. Conflicts can arise from situations that may result in a direct benefit or from situations that have a negative impact on the Company.
Examples of conflicts include the following situations: 1) using the position in the Company to hire family members or friends, including consultants; 2) making significant use of Company time or resources for private personal interests such as surfing the net or doing private mailings; 3) making significant use of Company time and resources for commercial activities not related directly to the Company; 4) using position in the Company to influence purchasing decisions for own interests. These situations are provided as illustrations, so this list is not complete.

 

 

 

 


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