Micrel, Incorporated Worldwide Standards of Business Conduct






Micrel, Incorporated Worldwide Standards of Business Conduct







Click here Sales Terms and Conditions

Policy

Micrel, its subsidiaries, employees, and affiliates shall endeavor to maintain the highest standard of ethical conduct in all activities. We shall maintain a reputation founded on the personal integrity of the Company's personnel and our dedication to:

Fairness to shareholders, customers, suppliers and our fellow employees;

Respect for shareholders, customers, suppliers and our fellow employees;

Quality in products and services by striving to provide world class products and services to our customers;

Competition in a free market as the best mechanism for producing new ideas and new products.

All employees and supervisors, regardless of level, shall endeavor:

    • to respect each representative of customers, suppliers, contractors and each employee, as an individual, showing courtesy and consideration and fostering
personal dignity;
    • to make a commitment to and demonstrate equal treatment to all customers, suppliers, contractors and employees, without regard to race, color, religion,
national origin, mental or physical disability, sex, or age.

 

All employees and board members will be required to read and acknowledge understanding of this policy.

The Company will require the CEO and all Vice Presidents, Directors, senior sales personnel and other selected personnel, as appropriate, to execute a document on an annual basis that affirms compliance with this policy.

Any violation of the policies and procedures contained in the Standards of Business Conduct will result in disciplinary action, up to and including suspension without pay and/or termination of employment. Should you have any questions concerning the information in this brochure, you are encouraged to speak with your supervisor or, if appropriate, to the Company's legal counsel.

Policy sections are shown below. See also an Open Letter to Micrel's Business Partners from Richard D. Crowley, (Click here to download) Vice President, Finance and CFO regarding Micrel employees adherence to the Standards of Business Conduct.

Obeying the Law

The Company and its employees have an ethical obligation to obey the law….

Confidential Information

The Company's confidential proprietary information is an important asset in the operation of the business…

Conflicts of Interest

Each employee has a duty of loyalty to the Company…

Insider Trading

It is the policy of Micrel to prohibit: (1) trading in company securities while in the possession of material nonpublic information concerning the company; (2) trading in the securities of any other public company while possessing material non-public information concerning that company; and (3) tipping or disclosing material nonpublic information to persons outside the company…

Trade Regulations

Any action taken either individually, or in combination with others, which is predatory toward a competitor or by nature restrains competition, is most likely a violation of one or more antitrust laws...

Gifts

No employee or any member of the employee's family may accept gifts or gratuities or other favored treatment of substantial value from any person associated with a customer or potential customer, competitor or vendor, if it can be viewed as being done to gain an unfair business advantage…

Kickbacks

In accordance with federal law, no Micrel employee may make or provide, or offer to make or provide, any kickback in any contract with a customer who is a prime contractor with the U.S. Government…

Bribes

No employee shall bribe any person or entity, public or private, anywhere in the world. In certain circumstances the Company may allow reasonable and customary "tips" to lower level governmental employees performing a routine governmental action, such as clerical or ministerial duties, that are given in strict accordance with Company procedures relating to gratuities…

Political Contributions

No Micrel employee or member of the Board of Directors shall make a political contribution, a commitment to contribute or a personal contribution on behalf of the Company without prior unanimous approval of the Board of Directors…

Click here to download the complete Standards of Business Conduct document.


Code of Ethics for Senior Officers

Click here to download the complete charter.

This Code of Business Conduct and Ethics (the "Code") contains general guidelines for conducting the business of Micrel, Incorporated (the "Micrel") consistent with the highest standards of business ethics, and is intended to qualify as a "code of ethics" within the meaning of Section 406 of the Sarbanes-Oxley Act of 2002 and the rules promulgated thereunder. This Code supplements, and is in addition to, the obligations placed upon all employees by the Company's Worldwide Standards of Business Conduct. To the extent this Code requires a higher standard than required by commercial practice or applicable laws, rules or regulations, we adhere to these higher standards…



 

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