GNCC Capital, Inc. is committed to establishing mutually beneficial and ethical long-term relationships with our business partners and parties. We will promote the application of our principles by those with whom we do business. Their willingness to accept the company's values and business principles will be an important factor in our decision to enter into and sustain such relationships. We will not conduct business or have dealings with entities and individuals who may be involved in or associated with illegal activities including terrorism, money laundering and drugs.
GNCC Capital, Inc. believes that long-term relationships founded on trust and mutual advantages are vital to its long-term success. We are committed to creating and maintaining mutual advantage in all business relationships. We recognize that relationships with business partners and parties sometimes give rise to conflicts of interest. Employees are to ensure they are and are seen to be independent from any business entity having a contractual relationship with GNCC Capital, Inc. or providing goods or services to the company, if that relationship might influence or have the appearance of influencing their decisions in the performance of their duties.
Specifically, employees shall not serve as directors or work in any capacity as employees, consultants or advisors to any competitor of GNCC Capital, Inc., a joint venture partner, affiliate or potential business partner. Business partners and parties, like all others, are to be treated truthfully and with respect and dignity. Their rights and interests regarding trade secrets, software licenses, confidential and proprietary information and copyrights should be recognized and respected.
Employees are prohibited from investing or acquiring equity, equity-linked instruments, financial, partnership or profit sharing interests, directly or indirectly, in entities that are engaged in exploration, farm in, joint ventures (incorporated or unincorporated) or similar financial or business arrangements with GNCC Capital, Inc. If an employee holds, or has acquired directly or indirectly, an interest of the nature stated above in any such entity or venture either (a) prior to the effective date of the commencement of this code or (b) prior to any involvement by GNCC Capital, Inc. in such entity or venture, such prior interest should be disclosed in writing to the responsible line manager and accountable Executive Vice President. The Executive Vice President shall then consider all relevant factors, including consulting with the corporate executive committee, take a decision and then advice the employee on the treatment of his / her interest going forward. As long as the employee continues to retain such an interest, he / she shall be excluded from any negotiations, decision making and financial commitments in relation to the entity or venture in question.