FairPoint Communications 2005 Annual Report Download - page 222
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its business in accordance with its stated values. We expect all of our directors, officers, employees, agents, contractors, consultants and representatives to
adhere to these rules in carrying out their duties for the Company.
Any individual whose actions are found to violate these policies or any other policies of the Company will be subject to disciplinary action,
up to and including immediate termination of employment or business relationship. Where the Company has suffered a loss, it may pursue its legal remedies
against the individuals or entities responsible.
18.
No code, including this one, can cover all situations. Similarly, exceptional circumstances may occur which do not fit neatly within the
guidelines of this Code or where strict application of this Code may not produce a fair result. Overall administration of this Code including its interpretation
and amendment is under the authority of the Audit Committee of the Board.
10