ComEd 2006 Annual Report Download - page 460
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Approved by Exelon Board of Directors 06-27-06
CONFLICTS OF INTEREST
Conflicts of Interest Generally
Exelon is committed to making all business decisions objectively and solely on the basis of the best quality, service and price, or other
similar competitive factors. A conflict of interest exists whenever the personal interests, activity, investment or association of an
Exelon employee are inconsistent with the responsibilities of his or her employment or position. A loss to the Company need not
occur for a conflict to exist.
Main Obligations
Things to Watch Out For
15
•
Avoid any activity, interest or association that could compromise the independent exercise of your judgment in the best
interests of the Company
•
Act with an understanding that even the appearance of a conflict between personal interests and those of the Company can
undermine trust and therefore must also be avoided
•
Seek guidance from your manager or the Ethics and Compliance Office whenever there is a question concerning a conflict
between your personal interest and the interests of the Company
•
Promptly disclose all conflicts to the Ethics and Compliance Office and in your compliance certification
•
An employee or a member of the employee’s family receives a personal discount or other similar benefit from an Exelon
supplier and the employee is in a position to influence Exelon decisions that impact the supplier
•
An employee approves the selection of a family member’s or close friend’s firm for work, even if the selection results in
lower cost to Exelon
•
An employee having a material financial interest in an existing or proposed transaction to which the Company is or is
likely to become a party
•
An employee having a material financial interest in property which the Company is acquiring or likely to acquire (Not
applicable to property acquired under the Company's Relocation Policy)
•
An employee having a material financial interest in a corporation, partnership or other entity that does business with
Exelon or competes with the Company (except for insignificant stock interest in publicly held companies)