The employees shall be subject to such discipline and a code of conduct as may be prescribed by the Company from time to time.
PRIMACO maintains certain policies to guide its employees with respect to standards of conduct expected in areas where improper activities could damage PRIMACO reputation and otherwise result in serious adverse consequences. The purpose of this policy is to affirm the required standards of conduct and practices in a comprehensive statement.
PRIMACO shall operate in full compliance with all applicable laws. The conduct of employees shall conform to the requirements of all applicable laws and policies, rules and regulations. It is important to avoid even the appearance of any illegal or unethical behavior. Employees shall behave in a manner that promotes the trust of other employees, and public.
Any question regarding whether a specific behavior is covered by the Code shall be addressed to the GM (HR/GAD), who shall review the question and clarify the position to the employee. However, the Code provides guidance regarding the following areas:
An employee shall not solicit or accept, directly or indirectly, any cash, or monetary equivalents, objects of value or preferential treatment from any person or business that has or is seeking business with PRIMACO, where doing so may influence or appear to influence an employee’s judgment.
An employee shall not have an interest in any other business if that interest compromises or appears to compromise an employee’s loyalty to PRIMACO.
Simultaneous employment with or serving as a consultant to or director or employee (with or without consideration) of any other entity is strictly prohibited.
An employee shall be expected to protect PRIMACO assets and ensure their efficient use, and is prohibited from engaging in theft, carelessness, or waste. All PRIMACO assets should be used for legitimate purposes, but incidental personal use may be permitted if ancillary to a PRIMACO purpose. An employee shall also be prohibited from making any improper use of property such as funds, software, e-mail systems, voice mail systems, computer networks, vehicles and facilities for personal benefit or profit.
PRIMACO staff, whether on duty or not, may not possess or use weapons of any kind, ammunition, gunpowder, fireworks, explosives, and other dangerous articles and substances in PRIMACO premises. Individuals employed as contract security guards may be given authorization to carry, keep and handle pistols, firearms and ammunition.
Any loan and/or credit facility obtained on false representations, including, but not limited to, preparing of forged financial statements shall be deemed to be a violation of the Code.
Requests for information from regulators or the government shall be referred to the Company Secretary.
The confidential Information shall include all non-public information, correspondence, documents, papers, records, drawings and data. The employees shall maintain the confidentiality of information entrusted to them or, which comes to an employee’s knowledge because of the position that the employee holds. An employee shall disclose confidential information if the employee is duly authorized by PRIMACO or is legally mandated to do so. Prior to making a disclosure of any confidential information which is legally mandated, an employee shall be required to consult with the head of department.
An employee shall be expected to comply with, both in letter and spirit, all applicable governmental laws, rules and regulations and the Code, and to promptly report any actual or suspected violations to the HR Department. No one shall be subjected to retaliation because of a good faith report of a suspected violation. If an employee fails to comply with any applicable laws, rules or regulations, the employee shall be subject to disciplinary actions under the rules of PRIMACO, including termination of employment.
Integrity on the job means;