Code of Ethics
Skllfull
Pleasures maintains certain policies to guide its employees with respect to standards of conduct expected in areas where improper
activities could damage the Company's reputation and otherwise result in serious adverse consequences to the Company and to
employees involved. The purpose of this Policy is to affirm, in a comprehensive statement, required standards of conduct and
practices.
An
employee's actions under this Policy are significant indications of the individual's judgement and competence. Accordingly,
those actions constitute an important element in the evaluation of the employee for position assignments and promotion. Correspondingly,
insensitivity to or disregard of the principles of this Policy will be grounds for appropriate management disciplinary action.
No
employee of the Company or any Controlled Affiliate acting on the Company's behalf shall, in violation of any applicable law,
offer or make directly or indirectly through any other person or firm, any solicitation of payment for the using of or showing
of proper use for any items offerd by the company.
Reports
and Periodic Reviews
Any
employee who is requested to make, authorize, or agree to any offer or payment which is, or may be, contrary to this Policy
will promptly report such information to the employee's manager or other senior management, to assigned Company legal counsel,
or to the manager in the component having responsibility for financial activity.
Any
employee who acquires information that gives the employee reason to believe that any employee is engaged in conduct forbidden
by this Policy, or that any sales representative, distributor, or other person or firm representing the Company in any transaction
is engaged in the type of conduct (whether or not in connection with a transaction involving the Company or its products)
which, if engaged in by an employee of the Company, would violate this Policy, will promptly report such information to the
employee's manager, to assigned company legal counsel, or to the manager in the component having responsibility for financial
activity.
Any
manager receiving a report as cited above will promptly consult with assigned Company legal counsel and thereafter will, after
appropriate investigation, take timely remedial or other action as warranted under the provisions of this Policy. Such manager
will also promptly report the matter to higher management.
Discussions
And Exchange Of Information With Competitors
Communication
with a competitor on subjects as to which an understanding with the competitor would be unethical is likely to serve
as important evidence of the existence of an understanding, particularly if the communication is accompanied or followed by
similarity of action. The prohibitions set forth below are thus intended to avoid unethical actions, though based on merely
circumstantial evidence, may nevertheless be difficult to defend successfully.
Accordingly,
no employee shall discuss with a competitor or any third party acting for a competitor, or otherwise furnish to or accept
from a competitor or any third party acting for a competitor, information on any subject as to which an understanding with
the competitor is prohibited by paragraph A. above on compliance with Section 1 of the Sherman Act unless,in the opinion of
Company legal counsel, such discussions or transmittal of information would neither violate the antitrust laws nor furnish
a reasonable basis for inferring such a violation. This paragraph does not preclude obtaining competitive information from
independent third-party sources who are not acting for a competitor in transmitting the information. However, certain other
legal and policy restrictions applicable to transactions with the federal government limit the competitive information that
may be obtained from a third-party source.