Page 13 - Code of Ethical Business Conduct

Code of Ethical Business Conduct 11

Conflicts of Interest
All employees have a duty to avoid financial, business or other relation-
ships that may be opposed to the interests of Martin Marietta or may cause
a conflict with the performance of their duties. Employees should conduct
themselves in a manner that avoids even the appearance of conflict be-
tween their 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.
A conflict of interest situation may arise in many ways. Examples include
the following activities of employees or their immediate family members
that should be discussed with a supervisor:
n Employment by a competitor, regard- Keep in mind that not all
less of the nature of the employment. potential conflicts between
n Acceptance of gifts, payments or an employee’s interests and
services from those seeking to do the Company’s best interests
business with Martin Marietta. are harmful or prohibited.
Some conflicts of interest
n Placement of business with a firm are permissible if they are
owned or controlled by an employee disclosed and approved. If a
or his family, or failing to disclose that relationship poses a conflict
you are closely related to someone that you are finding difficult
(such as a vendor, customer or family to weigh, consult with the
Ethics Office.
member) who is seeking a financial
relationship with Martin Marietta.
n Ownership of, or substantial interest in, a company which is a compet-
itor, supplier or customer.
n Acting as a consultant, employee, officer, manager, director or partner
to a Martin Marietta competitor, customer or supplier.
n Acting as a broker, finder, or intermediary for the benefit of a third
party in a transaction involving Martin Marietta or its interests.
n Using information you learn at the Company for your own personal
gain, to benefit a family member, or 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. Any employee who feels
that a conflict situation may exist, actual or potential, should report all
pertinent details in a memorandum to his or her supervisor. The supervisor
will be responsible for referring the matter to the Ethics Office.