Code of Conduct - Conflicts of Interest
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Conflicts of interest resulting from the legal relationship between employee and employer are to be avoided. An employee must inform the respective superior of any impending conflicts. Affiliations and private economic interests A corporate employee may not conclude business on behalf of the Corporation with companies in which the respective employee, members of the employee's immediate family or the employee's life companion holds an interest. In accordance with this, an employee is not allowed to advance his/her private economic interests to the detriment of Continental. The employee's superior or the personnel manager concerned is to be informed of all pertinent facts and of any family or personal relationships which may appear to influence decisions made within the Corporation. Deriving private benefits from business partners To exclude any conflict of interest between the company domain and the private domain, a corporate employee may not, in general, make private demands of business partners closely related to the respective employee's task area. Exceptions are allowed only upon prior consultation with the superior or the personnel manager concerned. Acceptance of gifts/benefits and advantages Employees, their immediate families and life companions may not accept (monetary) gifts or advantages from persons or companies with whom business relations are maintained. Minor benefits and favors must remain within the scope of what is usual. All employees are requested to inform their superiors of any gifts having more than mere token character. Confidential information Corporate employees may not disclose information of a confidential nature regarding business transactions if such information was obtained in the course of their service with the Corporation. They may not derive any private benefit from this information, either for themselves or for their friends or relatives. Private/business expenditures Expenditures for gifts and entertaining should be assumed privately if the business and private spheres overlap to such an extent that an exact separation of the business and private content of such expenditures is rendered difficult. Use of company property Neither corporate assets and equipment nor the employees' working time may be used for promotion of non-corporate interests without the prior approval of the respective superior. Gainful occupational activity of corporate employees outside the Corporation Appropriate contractual measures are to be taken to ensure that the Corporation is in no way disadvantaged by any gainful activity that the company's employees may engage in outside the scope of their employment for the company. |