Page 34 - Code of Ethical Business Conduct
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32 Martin Marietta
Fair Competition
We should endeavor to deal fairly and honestly with our customers, suppliers,
competitors and their employees. In this regard, we will perform all contracts
in compliance with laws, specifications, requirements, and contract terms and
conditions and never request, accept, use, copy or distribute any information to
which Martin Marietta is not legitimately entitled. This Company has a history
of succeeding through honest business practices. We do not seek competitive
advantages through illegal or unethical business practices.
International Business
It is the policy of the Company that none of the Company’s funds or assets
shall be offered or be used to give or to provide, any gifts, gratuities, favors or
entertainment, directly or indirectly, to any foreign government official or employee
unless such gift, gratuity, favor or entertainment (1) is lawful under applicable law
(including that of the country where the gift is offered); (2) is of nominal value or is
a mere token of courtesy; (3) is of the sort which is customarily given in the country
in question; and (4) is not being given to the government official or employee with
unlawful intent.
Trade Guidelines
We comply with both the U.S. law and the laws of the countries where we
do business, including all export and import laws and regulations that cover our
products. We do not engage in or support restrictive international trade practices or
boycotts not sanctioned by the U.S. Government. This is important because export
and import violations, and illegal boycotts, damage the trust and transparency
needed to transact legitimate and long-term business. Our customers and
distributors expect fair and open competition in how we do business worldwide
with our competitors, suppliers and customers.