The purpose of the Ethics and Business Conduct program is to:


1) Communicate the Lasersec Values and standards of ethical business conduct to employees


2) Inform employees of company policies and procedures regarding ethical business conduct


3) Establish companywide processes to assist employees in obtaining guidance and resolving questions    regarding compliance with the company's standards of conduct and the Lasersec Values


4) Establish companywide criteria for ethics education and awareness programs


Company Policy "Ethical Business Conduct"


"Ethical Business Conduct" applies to all employees of Lasersec Systems Corporation, including subsidiaries, contingent labor, consultants, and others acting for the company ("employees").


Lasersec will conduct its business fairly, impartially, in an ethical and proper manner, in accordance with the company's values and Code of Conduct, and in full compliance with all laws and regulations. In the course of conducting company business, integrity must underlie all company relationships, including those with customers, suppliers, and communities and among employees. The highest standards of ethical business conduct and compliance are required of Lasersec employees in performance of their company responsibilities. Employees must not engage in conduct or activity that may raise questions as to the company's honesty, impartiality, or reputation or otherwise cause embarrassment to the company. Conduct that is prohibited under Lasersec policy or does not comply with laws and regulations may not be accomplished on an employee's behalf by anyone outside the company.


All employees must sign and abide by the Lasersec Code of Conduct, which requires that they understand the code, and ask questions, seek guidance, report suspected violations, and express concerns regarding compliance with this policy and the related procedures.


To support the requirement for complete and accurate financial records and reporting, all employees of the Finance organization have an additional Code of Conduct for Finance.


Lasersec will administer ethics and compliance programs to promote its commitment to integrity and values as set forth in the Lasersec Values and Code of Conduct and to ensure compliance with laws, rules, and regulations. These programs will inform employees of company policies and procedures regarding ethical business conduct and help them to resolve questions and to report suspected violations. Managers are responsible for supporting implementation of ethics and business conduct programs, and monitoring compliance to the company's values and ethical business conduct guidelines through such programs. Managers are responsible for creating an open and honest environment in which employees feel comfortable in bringing issues forward. Retaliation against employees who raise genuine concerns will not be tolerated.



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