CHAPTER 3 - Conflicts of interest
Art. 4
The private interests of the Company’s People should not interfere with Company interests. Therefore, all and any relations that pose or appear to pose a conflict of interest between the Company and the Company’s People should be avoided, as should conflicts of interest that involve relatives or people with whom Company’s People have close relations, professionally or personally.
Art. 5
The Company’s People at all levels have a duty of loyalty to the Company; they should always defend its legitimate interests whenever necessary and their behavior should be based on attitudes that do not cause risk to the financial security or assets of the Company.
Art. 6
In the case of knowledge of a situation that represents, or may represent a conflict of interests, or in situations in which it is not possible to prevent a conflict of interest, the the Company’s People involved should raise the matter with their immediate superiors, who should inform the Corporate Executive Vice-Presidency, and there must be a full written report of all the circumstances surrounding the case.
Art. 7
Company’s People may not have economic or financial interests in competitors, customers, distributors or suppliers, in so far as such an interest might influence or appear to influence their actions on behalf of the Company.
Art. 8
Company’s People may not work for, or receive remuneration for services provided to any competitor, customer, distributor or supplier, without previous written authorization from the Corporate Executive Vice-Presidency, which will be given only when there is no conflict of interest.
Art. 9
Work unrelated to Embraer business can not be done during work hours on company facilities and sale of stuff on company facilities at any time is prohibited.
Art. 10
Using Company resources is not allowed – that includes telephones, equipment, materials or information that is the property of the Company - for work that is outside the scope of the Company’s People’s responsibilities to the Company or otherwise not in the interests of the Company
Art. 11
Any Company’s People may accept low value gifts (up to US$ 100.00, or the equivalent in Brazilian reais). However, Company’s People may not accept any present, gift or favor above that amount that may affect the judgment or evaluation of Company’s People or that is accompanied by any explicit or implicit agreement that means that the person receiving is in any way obliged to do something in exchange for the thing offered.
Art. 12
Company’s People may not ask for gifts, tips or special favors or any other advantages for their own benefit or that of relatives or people with whom they have close professional or personal relations.
Art. 13
Company’s People are not allowed to make hiring decisions or influence or conduct job evaluations or salary reviews for relatives or other persons with whom they have close relations.
Art. 14
Company’s People who have family employees or people with whom they maintain close relations, professionally or personally, working in business ventures that seek to provide services or supply goods to the Company may not use their personal influence in the course of negotiations with those individuals.
Art. 15
Company’s People should be zealous in relation to their professional integrity and personal image.
Art. 16
The Company will not make loans or provide guarantees for personal obligations to any of its employees or managers.
Art. 17
Any Company’s People who are uncertain as to whether a particular situation presents a conflict of interest should assume that a conflict exists until he/she is able to confirm with the Corporate Executive Vice-Presidency that no conflict exists.