Code of Business Conduct - Amended Oct. 18, 2007
On Oct. 18, 2007, the Board of Directors amended the Conflicts of Interest section of the Code of Business Conduct. Under "Outside Financial Interests or Business Relationships," the Board eliminated the statement that investments of no more than five percent of an employee's annual compensation in a public company are not typically considered a conflict of interest. Under "Outside Director or Officer Positions," the Chief Executive Officer is now required to obtain the approval of the Board before serving as an officer or director of a substantial outside for profit organization rather than just receiving approval of the Audit and Oversight Committee Chair.
