Apple 2011 Annual Report Download - page 97

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Individual Conduct
Business Conduct
The way we do business worldwide
July 2011
12
Can you give an example of conflicts of
interest or potential divided loyalty?
Your brother-in-law owns a business, that
business is being considered as a vendor for
Apple, and you are one of the decision
makers.
Conflicts of Interest
A conflict of interest is any activity that is inconsistent with or opposed to Apple
’s best
interests, or that gives the appearance of impropriety or divided loyalty. Avoid any situation
that creates a real or perceived conflict of interest. Use good judgment, and if you are unsure
about a potential conflict, talk to your manager, contact Human Resources, check with the
Legal Department, or contact the Business Conduct Helpline.
Do not conduct Apple business with family members or others with whom you have a
significant personal relationship. In rare cases where exceptions may be appropriate, written
approval from the Senior Vice President for your organization is required.
You shouldn’t use your position at Apple to obtain favored treatment for yourself, family
members, or others with whom you have a significant relationship. This applies to product
purchases or sales, investment opportunities, hiring, promoting, selecting contractors or
suppliers, and any other business matter. This does not apply to special purchase plans
offered by Apple. If you believe you have a potential conflict involving a family member or
other individual, disclose it to your manager.
Am I allowed to develop outside iPhone or
iPad apps on my own time?
Outside Employment and Inventions
No. Employees are not permitted to have any
involvement in the development of outside
iPhone or iPad apps, either alone or jointly
with others.
Full-time Apple employees must notify their manager before taking any other employment. In
addition, any employee (full-time or part-time) who obtains additional outside employment,
has an outside business, or is working on an invention must comply with the following rules.
May I occasionally use my Apple email
address for my outside business?
Limited personal use of your Apple email is
permitted for activities such as sending a brief
message to a friend. You may never use your
Apple email for an outside business.
I’m working on an invention on my own
time. Does Apple need to know?
If your invention relates to your job at Apple or
could compete with current or reasonably
anticipated future products or services of
Apple, disclose the invention to your manager.
May I serve on the board of directors of an
outside enterprise or organization?
If you plan to serve on a board, you must
obtain approval from your manager and the
Senior Vice President for your organization. In
addition, Vice Presidents and Executive Team
members must obtain the approval of their
manager and the CEO before they can accept
a position on the board of directors of a private
or publicly traded company (other than
nonprofit entities).
Do not:
• Use any time at work or any Apple assets for your other job, outside business, or
invention. This includes using Apple workspace, telephones, computers, Internet access,
copy machines, and any other Apple assets or services.
• Use your position at Apple to solicit work for your outside business or other employer, to
obtain favored treatment, or to pressure others to assist you in working on your invention.
• Use confidential Apple information to benefit your other employer, outside business, or
invention.
• Participate in an outside employment activity that could have an adverse effect on your
ability to perform your duties at Apple.
•
Participate in an outside business or outside employment, or develop an invention, that is
in an area of Apple’s present or reasonably anticipated future business.
Before participating in inventions or businesses that are in the same area as your work for
Apple or that compete with or relate to present or reasonably anticipated Apple products or
services, you must have written permission from your manager, an Apple product law
attorney, and the Senior Vice President of your organization. For additional information, see
Apple
’
s policy on Conflicts of Interest.