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Dear Colleague:
We have built relationships of trust with our customers throughout our
company's history. In fact, much of our success can be directly attributed to
two key elements: our employees and our integrity. They are vital to our
continued success.
Meeting competitive challenges and embracing opportunities places tremendous
pressure on employees at every level of our company. Our business, which
demands strict adherence to rules and laws, is being made more complex by our
desire to continue providing customers with ever-increasing levels of quality
and performance. However, this pressure to succeed can never be an excuse for
taking short-cuts that would compromise our integrity. Those with whom we do
business expect and deserve nothing less than the highest level of ethical
business practices from Tenneco and each employee of the company.
I am personally committed to ensuring that Tenneco as a company and all of us
as employees are firmly rooted in this Statement of Business Principles which
serves as both a statement of our values and ethics and as a guide to
day-to-day business practices. The statement provides the tools necessary to
help us do the right thing when presented with difficult choices.
I expect a high level of ethics and integrity from every employee at every
level, every day. All of us must set high standards of excellence for ourselves
and our fellow employees and never compromise those standards.
I personally assure you that if you are aware of violations of the Statement of
Business Principles, you will not suffer reprisals of any kind for reporting
those violations in good faith. This is my commitment to you, and it has the
full backing of our Board of Directors and senior management team.
This Statement explains what is expected of each of us. While it cannot address
every potential situation that we may encounter, it does serve as a valuable
guide for "choosing the right path." Our dedication to working daily in
compliance with the Statement of Business Principles will help Tenneco maintain
its leadership position. With your help, we will continue to provide our
customers with the highest levels of quality and performance while adhering to
uncompromising standards of business ethics and integrity.
Sincerely,
Gregg Sherrill
Chairman and Chief Executive Officer
Tenneco Inc.
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ADDRESSING
INTEGRITY CONCERNS |
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STATEMENT
OF BUSINESS PRINCIPLES |
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ADMINISTRATION
OF THE COMPLIANCE PROGRAM |
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AMENDMENT
AND WAIVER |
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ANTITRUST |
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CONFIDENTIAL
INFORMATION |
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CONFLICTS
OF INTEREST |
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CORPORATE
ADVERTISING |
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CORPORATE
OPPORTUNITIES |
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DISSEMINATION
OF CORPORATE INFORMATION |
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ELECTRONIC
MAIL |
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ELECTRONIC
MEDIA |
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ENVIRONMENT |
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EQUAL
EMPLOYMENT OPPORTUNITY/WORKPLACE HARASSMENT |
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EXPORTS
& INTERNATIONAL TRADE RESTRICTIONS |
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FAIR
DEALING |
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FINANCIAL
CONTROLS & ACCURACY OF BOOKS & RECORDS |
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FOREIGN
CORRUPT PRACTICES ACT |
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FOREIGN
ECONOMIC BOYCOTTS |
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GIFTS
AND ENTERTAINMENT |
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GOVERNMENT
INVESTIGATIONS AND LEGAL CONDUCT |
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HEALTH
AND SAFETY |
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HUMAN
RIGHTS & WORKPLACE STANDARDS |
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INSIDER
TRADING |
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OUTSIDE
EMPLOYMENT & ACTIVITIES |
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POLITICAL
CONTRIBUTIONS & ACTIVITIES AND GOVERNMENT AFFAIRS |
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PRE-CLEARANCE
OF SECURITIES TRANSACTIONS BY CERTAIN PERSONS |
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PROCUREMENT |
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PROHIBITED
SUBSTANCES |
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PUBLIC
COMPANY DISCLOSURES |
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QUALITY |
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TENNECO
PROPERTY |
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UNITED
STATES GOVERNMENTAL PAYMENTS |
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CONCLUSION |
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STATEMENT
OF BUSINESS PRINCIPLES (all sections - 153kb) |
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