Page 28 - Code of Ethical Business Conduct
P. 28
26 Martin Marietta
Political Contributions
and Lobbying
Martin Marietta encourages you to become involved in civic affairs
and to participate in political activities. In this regard, Martin Marietta
acknowledges and respects your right to support any candidate or political party
through personal contributions. Employees must recognize, however, that their
involvement and participation must be on an individual basis, on their own time,
and at their own expense.
The Company is a member of, and encourages you to participate in, national
and state trade associations for a variety of reasons, including monitoring of
industry policies, current legislation and trends, building industry skills and civic
participation. Our participation in trade associations, including membership on a
trade association board, does not mean that we agree with every position a trade
association takes on an issue. In fact, from time to time our corporate positions may
differ from those of the trade association of which
we are members.
No Martin Marietta funds or assets,
Employees are not reimbursed
by the Company for personal including the work time of any employee, may
political contributions, and be contributed or loaned, or made available to
employee compensation will any political party, campaign or candidate other
not be increased or otherwise than through a Company-approved political
adjusted to reflect political contributions committee (PCC). Federal and many
contributions made.
state laws prohibit corporate contributions to
political parties or candidates. Any contribution on
behalf of the Company to a state or local campaign
requires the prior approval of the Company’s PCC or Legal Department. This policy
applies to corporate contributions to political parties or candidates.
Employees desiring to request a political or charitable contribution from the
Company must comply with the Martin Marietta Political and Advocacy
Activities Policies and Procedures, submit a completed Political Contributions
and Lobbying Request form and comply with those procedures, as may be adopted
from time to time.