Page 19 - Code of Ethical Business Conduct

Code of Ethical Business Conduct 17

Political Contributions
Martin Marietta encourages its employees to become involved in civic
affairs and to participate in political activities. In this regard, Martin Marietta
acknowledges and respects the right of its employees 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 its employees to partici-
pate in, national and state trade associations for a variety of reasons,
including monitoring of industry policies, current
legislation and trends, building industry skills Employees are not reim-
and civic participation. Company participation bursed by the Company
in trade associations, including membership on for personal political con-
a trade association board, does not mean that tributions, and employee
the Company agrees with every position a trade compensation will not be
association takes on an issue. In fact, from increased or otherwise
adjusted to reflect political
time to time our corporate positions may differ contributions made.
from those of the trade association of which
we are members.
No Martin Marietta funds or assets, including the work time of any
employee, may be contributed or loaned, or made available to any political
party, campaign or candidate other than through a Company-approved po-
litical contributions committee (PCC). Federal and many 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.

Preservation of Corporate Assets
Every employee is charged with the duty to preserve any of Martin
Marietta’s assets, its property, plants and equipment, and equipment that
has been furnished by our customers and suppliers. Each employee,
officer, manager and director is personally accountable for Company funds
or assets over which he or she has control.
All employees, officers, managers and directors should protect the
Company’s assets and ensure their efficient use. Theft, carelessness and
waste have a direct impact on the Company’s profitability and therefore