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LINCARE CORPORATE POLICY
Business
Integrity and Ethics
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Governing
Principle
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The fundamental principle
governing Corporate actions and the actions of employees and officers
is that ethics and business are inseparable at LINCARE, that no business
objective can be achieved without following the highest ethical standards
and complying with all the local and national laws and regulations
that pertain to our operations. |
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Conflict of
Interest
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No officer or employee
of the Corporation may have a personal, financial, or family interest
that could in any way keep the individual from acting in the best
interest of the Corporation. Any actual or potential conflict of interest
must be reported to Corporate management as soon as recognized. |
Business
Relationships |
The use of the funds
or assets of the Corporation for any unlawful purpose or to influence
others through bribes is strictly prohibited, i.e., there shall
be no reward, gift or favor bestowed or promised with a view to
perverting the judgment or corrupting the conduct of a person in
a position of trust.
*Offering or accepting
properly recorded business meals, entertainment, or token gifts
intended and understood as simple courtesies meant to foster understanding
and communication with suppliers, customers, and public officials
is allowed.
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| Memberships |
Memberships should serve
legitimate business needs. They are appropriate only in organizations
whose objectives and activities are lawful and ethical, and fit within
the framework of broadly accepted social values. |
Financial
Integrity |
No unrecorded fund will
be established for any purpose. All assets of the Corporation will
be recorded on the books of the Corporation or its subsidiaries
at all times unless specifically exempted by Corporate procedures
which are consistent with generally accepted accounting principles.
*No false entry or entry
that obscures the purpose of the underlying transaction shall be
made in the books and records of the Corporation for any reason.
*No payment on behalf
of the Corporation shall be authorized or made with the intention
or understanding that any part of such payment is to be used for
a purpose other than that described by the documents supporting
the payment.
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