Page 22 - Code of Ethical Business Conduct

20 Martin Marietta

Conflicts of Interest

You have a duty to avoid financial, business or other relationships that may
be opposed to the interests of Martin Marietta or may cause a conflict with the
performance of employees’ duties. You should conduct yourself in a manner that
avoids even the appearance of conflict between personal interests and those of
Martin Marietta. Activities and relationships of employee family members or other
closely affiliated persons also can create conflicts
of interest.
Keep in mind that not all A conflict of interest situation may arise in many
potential conflicts between an ways. Examples include the following activities
employee’s interests and the of employees or their immediate family members
Company’s best interests are that should be discussed with a supervisor, Human
harmful or prohibited. Some Resources, or the Legal Department:
conflicts of interest are
permissible if they are • Employment by a competitor, regardless of the
disclosed and approved. If a nature of the employment.
relationship poses a conflict • Acceptance of gifts, payments or services
that you are finding difficult from those seeking to do business with Martin
to weigh, consult with the Marietta.
Ethics Office.
• Placement of business with a firm owned or
controlled by you or your family, or failing to
disclose that you are closely related to or have
a close personal relationship with someone (such as a vendor, customer or family
member) who is seeking a financial relationship with Martin Marietta.
• Ownership of, or substantial interest in, a company which is a competitor, supplier
or customer.
• Acting as a consultant, employee, officer, manager, director or partner to a Martin
Marietta competitor, customer or supplier.
• Acting as a broker, finder, or intermediary for the benefit of a third party in a
transaction involving Martin Marietta or its interests.
• Using information you learn at the Company for your own personal gain, to
benefit a family member, or to benefit another company for which you serve as an
officer, director, or in which you have an economic interest.
Apparent conflicts of interest can easily arise. If you feel that a conflict situation
may exist, actual or potential, you should report all pertinent details in writing to
your supervisor. The supervisor will be responsible for referring the matter to the
Ethics Office.
Remember, having a conflict of interest is typically not a Code violation, but
failing to disclose it is. Disclosing the conflict allows the Company to advise you on
how to best avoid the conflict and what action you need to take, if any.