ComEd 2006 Annual Report Download - page 464
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Approved by Exelon Board of Directors 06-27-06
PROTECTING COMPANY ASSETS
Company Assets Generally
We are entrusted with valuable Company assets. They consist of all property that the Company owns or uses to achieve business
objectives (“Company Assets”). They include: physical assets like land, facilities, vehicles, buildings, equipment and inventory;
financial assets like cash, receivables, and investments; intellectual property such as confidential information, patents and trademarks;
contract rights, licenses; and computers and information resources.
Main Obligations
Things to Watch Out For
Confidential Information
One of Exelon’s most valuable assets is information. Our confidential information assets consist of information or knowledge,
regardless of form, that Exelon considers private, that is not common knowledge outside the business or required by law or contract to
be maintained as confidential, which might be of use to competitors or harmful to Exelon, if disclosed (“Confidential Information”). It
is information or knowledge that an Exelon business develops or pays to have developed and to which Exelon has an exclusive right.
Confidential Information that has commercial value to competitors or other entities that want to do business with Exelon is sometimes
referred to as “proprietary information” or a “trade secret.” Examples of Confidential Information include information about Exelon
facilities; systems; operations; finances; customers; suppliers; employees; business concepts and strategies; investment plans;
development or construction plans; and marketing plans.
19
•
Safeguard Company Assets and use them efficiently
•
Take reasonable care to prevent unauthorized use, damage, destruction, waste, loss or theft of Company Assets
•
Use or authorize the use of any Company Asset only for Company business purposes, regardless of condition or value
•
Do not sell, lend, borrow, give away or dispose of Company Assets, except with proper authorization
•
Using more of a Company Asset than is required for the project at hand
•
Using any Company Asset or any Exelon business relationship to secure credit or a loan