8x8 2007 Annual Report Download - page 88

Download and view the complete annual report

Please find page 88 of the 2007 8x8 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 94

  • 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

5
11. Payments to Government Personnel or Candidates for Office
The Foreign Corrupt Practices Act prohibits giving anything of value, directly or
indirectly, to officials of foreign governments or foreign political parties or candidates to
obtain or retain business. Making payments to government officials of any country is illegal.
Kickbacks, bribes, rebates or other illegal consideration are prohibited, and must
never be given or accepted by any Company personnel. All Company personnel dealing with
government agencies must be aware of, and comply with, any agency rules limiting or
prohibiting gifts or other favors.
The Company cannot contribute, directly or indirectly, to any political campaign or
party. Company personnel cannot use expense accounts to pay for any personal political
contributions or seek any other form of reimbursement from the Company for such
contributions. Of course, you are free to engage in political activity with your own resources
on your own time.
12. Waivers of the Code of Business Conduct and Ethics
Any waiver of this Code for executive officers or directors requires the approval of
the Board and must be disclosed promptly as required by applicable law, rules or regulations.
13. Compliance and Reporting
If you are concerned about a possible ethical or illegal situation or any violation of
this Code or are not sure whether specific conduct meets applicable Company standards, you
should discuss the situation with your immediate supervisor or contact the Company’s chief
financial officer. Executive officers or members of the Company’s board of directors should
discuss the situation with a member of the Audit Committee.
Company personnel must report violations of laws, rules, and regulations of this Code
to immediate supervisors, the Company’s chief financial officer, or the chairperson of the
Audit Committee. Executive officers or members of the Board must report such matters to a
member of the Audit Committee.
The Company prohibits retaliation for reports of ethical misconduct made by
Company personnel in good faith. If a situation requires that the identity of the person
reporting any such misconduct not be disclosed, the Company will protect his or his
anonymity, to the extent legally possible.
For further information and guidance regarding the reporting of potential violations of
this Code, you should review the Audit Committee’s Policy on Complaints of Accounting,
Internal Accounting Controls and Auditing Matters.
14. Amendments
This Code may only be amended by the Board. The Company must report promptly
any amendments pertaining to executive officers or senior financial officers as required by
applicable laws, rules or regulations.