Page 10 - Code of Ethical Business Conduct
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8 Martin Marietta
Compliance and Enforcement
Failure to comply with the standards contained in this Code will result in
disciplinary action that may include, among other things, termination, refer-
ral for criminal prosecution, and reimbursement to Martin Marietta for any
losses or damages resulting from the violation. As with all matters involving
investigations of violations and discipline, principles of fairness and dignity
will be applied. Any employee charged with a violation of this Code will be
afforded an opportunity to explain his or her actions before disciplinary
action is taken.
Disciplinary actions will be taken:
n Against employees who authorize or participate directly in actions
that are a violation of this Code.
n Against any employee who may have deliberately failed to report a
violation or deliberately withheld relevant and material information
concerning a violation of this Code.
n Against the violator’s managerial superiors, to the extent that the
circumstances of the violation reflect inadequate supervision or a
lack of diligence.
n Against any supervisor who retaliates, directly or indirectly, or
encourages others to do so, against an employee who reports a
violation of this Code.
Compliance with Antitrust Laws
Employees must comply with the antitrust laws of the United States.
The antitrust laws prohibit the following kinds of activities that are con-
sidered to be in “restraint of trade” that improperly reduce competition:
agreements or understandings among competitors to fix or control prices;
to boycott specified suppliers or customers; to allocate products, territo-
ries, or markets; or to limit the production or sale of products or product
lines. Employees should never engage in discussions of such matters
with representatives of other companies.
Employees should report to the Company’s Legal Department any
instance in which such discussions are initiated by other companies.
All employees who regularly deal with customers or competitors must
be generally familiar with relevant antitrust law and related Company policy
by participating in antitrust education and training provided or approved
by the Company. U.S. antitrust laws also apply to international operations