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Code of Ethics
Code of Ethics for CEO and Senior Financial Officers
The Company has a Code of Ethical Conduct applicable to all employees of the Company. The CEO and all senior financial officers,
including the CFO and principal accounting officer, are bound by the provisions
set forth therein relating to ethical conduct, conflicts of interest and compliance
with law. In addition to the Code of
Ethical Conduct, the CEO and senior financial officers are subject to the following
additional specific policies:
- The CEO and all senior financial officers
are responsible for full, fair, accurate, timely and understandable disclosure in
the periodic reports required to be filed by the Company with the SEC.
Accordingly, it is the responsibility of the CEO and each senior financial
officer promptly to bring to the attention of Suntron's Disclosure "SWAT" Team (the
"Disclosure Committee") any material information of which he or she may become aware
that affects the disclosures made by the Company in its public filings or otherwise
assist the Disclosure Committee in fulfilling its responsibilities.
- The CEO and each
senior financial officer shall promptly bring to the attention of the Disclosure
Committee and the Audit Committee any information he or she may have concerning
(a) significant deficiencies in the design or operation of internal controls which
could adversely affect the Company's ability to record, process, summarize and report
financial data or (b) any fraud, whether or not material, that involves management
or other employees who have a significant role in the Company's financial reporting,
disclosures or internal controls.
- The CEO and each senior financial officer shall promptly bring to the attention
of the CEO and to the Audit Committee any information he or she may have concerning
any violation of the Company's Code of Ethical Conduct, including any actual or
apparent conflicts of interest between personal and professional relationships,
involving any management or other employees who have a significant role in the Company's
financial reporting, disclosures or internal controls.
- The CEO and each senior financial officer
shall promptly bring to the attention of the CEO and to the Audit Committee any
information he or she may have concerning evidence of a material violation of the
securities or other laws, rules or regulations applicable to the Company and the
operation of its business, by the Company or any agent thereof, or of violation
of the Code of Ethical Conduct or of these additional procedures.
- The Board of
Directors shall determine, or designate appropriate persons to determine, appropriate
actions to be taken in the event of violations of the Code of Ethical Conduct or
of these additional procedures by the CEO and the Company's senior financial officers. Such actions shall be reasonably designed to deter wrongdoing and to promote accountability for adherence to the Code of Ethical
Conduct and to these additional procedures, and shall include written notices to
the individual involved that the Board has determined that there has been a violation,
censure by the Board, demotion or re-assignment of the individual involved, suspension
with or without pay or benefits (as determined by the Board) and termination of
the individual's employment. In determining
what action is appropriate in a particular case, the Board of Directors or such
designee shall take into account all relevant information, including the nature
and severity of the violation, whether the violation was a single occurrence or
repeated occurrences, whether the violation appears to have been intentional or
inadvertent, whether the individual in question had been advised prior to the violation
as to the proper course of action and whether or not the individual in question
had committed other violations in the past.
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