FairPoint Communications 2005 Annual Report Download - page 216

3. 
Employees, officers and directors who have access to confidential information are not permitted to use or share that information for stock
trading purposes or for any other purpose except the conduct of our business. All non-public information about the Company should be considered
confidential information. To use non-public information about the Company or any other company for personal financial benefit or to “tip” others who might
make an investment decision on the basis of this information is not only unethical but also illegal. Please refer to the Company’s Insider Trading Policy. The
purpose of such policy is to inform you of your legal responsibilities to make clear to you that the misuse of sensitive information is contrary to Company
policies and to set forth procedures with respect to trading in the Company’s securities.
4. 
The Company is committed to providing full, fair, accurate, timely and understandable disclosure in the periodic reports and other
information it files with or submits to the SEC and in other public communications, such as press releases, earnings conference calls and industry
conferences, made by the Company. In meeting such standards for disclosure, the Company’s executive officers and directors shall at all times strive to
comply with the Company’s disclosure obligations and, as necessary, appropriately consider and balance the need or desirability for confidentiality with
respect to non-public negotiations or other business developments. The Company’s CEO and CFO are responsible for establishing effective disclosure controls
and procedures and internal controls over financial reporting within the meaning of applicable SEC rules and regulations. The Company expects the CEO and
CFO to take a leadership role in implementing such controls and procedures and to position the Company to comply with its disclosure obligations and
otherwise meet the foregoing standards for public disclosure.
No employee, officer or director should interfere with, hinder or obstruct the Company’s efforts to meet the standards for public disclosure
set forth above.
5. 
Employees, officers and directors are prohibited from exploiting for their own personal gain opportunities that are discovered through the
use of corporate property, information or position unless the opportunity is fully disclosed to the Board and the Board declines to pursue such opportunity. No
employee, officer or director may use corporate property, information, or position for improper personal gain, and no employee may compete with the
Company directly or indirectly. Employees, officers and directors owe a duty to the Company to advance the Company’s legitimate interest when the
opportunity to do so arises.
6. 
We seek to outperform our competition fairly and honestly. We seek competitive advantages through superior performance, never through
unethical or illegal business practices. Stealing proprietary information, possessing trade secret information that was obtained without
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