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Document Preview Corporate Standards of Conduct |
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Title: |
Corporate Standards of Conduct |
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Date: |
2003 |
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$40 |
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ID: |
#236784 |
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COMPETITIVE TECHNOLOGIES, INC.
Corporate Standards of Conduct
1. Introduction
Competitive Technologies, Inc.'s (the "Company") financial
success, value to society and the respect it earns depend not
only on the Company's financial performance, but also on the
principles under which the Company does business and its
directors', officers', and employees' reputation for integrity,
excellence and service. Pride in our Company must be based both
on what we accomplish and how we accomplish it.
The policies that follow reflect the philosophy that the
Company's integrity is a fundamental and valuable asset.
These Standards go beyond the letter of the law. Where possible,
guidance provided by these policies is specific. However, there
are cases in which specific guidance is not feasible. Therefore,
the most important source of guidance must be each individual's
good judgment, sensitivity to what is right, and strong desire to
do nothing that might bring discredit upon the individual or the
Company.
All of the Company's officers, directors and employees,
wherever they may be located, must read these Standards of
Conduct and be familiar with them. Adherence to these Standards
is a condition of employment. These Standards of Conduct govern
the relationship between the Company and its directors, officers
and employees; they are not intended, however, to confer on any
party other than the Company any additional rights or remedies.
These Standards of Conduct apply to the officers, directors and
employees of all subsidiaries of the Company, and references in
these Standards to the "Company" include, unless the context
requires otherwise, officers, directors and employees of such
subsidiaries.
2. Corporate Compliance Officer
The Company's Board of Directors has designated Paul
Levitsky to be the Corporate Compliance Officer and has charged
him with the responsibility for ensuring that these Standards of
Conduct and the Company's related policies and procedures govern
the business activities of all Company directors, officers and
employees.
You may contact the Corporate Compliance Officer by calling (203)
255-6044.
3. Duty to Seek Guidance
The designation of a Corporate Compliance Officer in no way
diminishes your responsibility to comply with these Standards of
Conduct and the Company's related policies and procedures, nor
does it diminish every supervisor's responsibility to ensure that
those employees for whom he or she has responsibility comply with
these Standards of Conduct and related policies and procedures.
If you have any questions regarding these Standards of Conduct or
how to comply with them, you have a duty to seek guidance from
your immediate supervisor or the Corporate Compliance Officer.
4. Duty to Report Violations
If you have knowledge of a violation of these policies
and/or of questionable or improper behavior, you should report
the matter to your immediate supervisor and to the Corporate
Compliance Officer.
If the foregoing reporting requirements are inappropriate
under the circumstances, violations should be reported to the
Chairman of the Audit Committee of the Board of Directors.
5. Compliance with the Law
It is the Company's objective that its business at all times
be conducted in compliance with applicable laws, regulations and
government requirements.
6. Policy on Harassment
It is the Company's express policy that everyone is
responsible for assuring that the workplace is free of sexual
harassment and harassment based on any other protected
classification (as listed in our Policy on Discrimination).
The Company is committed to providing a work environment
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