HTC 2011 Annual Report Download - page 114

Download and view the complete annual report

Please find page 114 of the 2011 HTC annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 115

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115

3.0 Conflict of Interest
All employees must avoid any activity that is or has the appearance
of being hostile, adverse, or competitive with the Company, or that
interfaces with the proper performance of their duties, responsibilities
or loyalties to the Company.
3.1 Outside Employment
All employees are prohibited to work either part-time or full-time for
or receive payments of services from any competitors, customers,
venders/suppliers or subcontractors of HTC. If any employee is
invited to serve as a lecturer, board member of an outside company,
advisory board, committee or agency, he/she must get appropriate
approval from the local top manager of Company in advance. Even
if an invitation is not listed as above, permission from a top manager
is required. In general, employees are not restricted from being
members of the boards of charitable or community organizations.
HTC also permits employees obtaining appropriate approval to serve
as directors of an outside company that is invested in by HTC or is
not a competitor or service provider of a competitor.
3.2 Inside Trading
All employees are not permitted, using their own names or the names
of people with whom they have personal relationships, to engage
in business ventures the same as or similar to HTC or to invest
exceeding five percent of total market value in such a company.
Employees are also prohibited from use so-called "Inside Information"
to gain personal profit or to influence the independent judgment
of business entities, such as investment in competitors, customers,
venders/suppliers or subcontractors. "Inside Information" comprises
facts that an employee knows, but people outside of HTC may not
know, which might be in written form or discussed orally in a meeting.
Inside information may also be information received from another
company, such as from customers, suppliers or companies with
which HTC has a joint research or development program. Therefore,
employees may never use inside information to trade or influence
the trading of stocks of HTC or other companies and should also not
provide "tips" or share inside information with any other person who
might trade stock. Insider trading violates company policies and may
subject the employee to criminal penalties in accordance with the
government's regulations/laws.
Chairperson: Cher WangHTC Corporation
8
FINANCIAL INFORMATION
| 224 |