|
|
It is the policy of National Semiconductor Corporation ("National" or the "Company") to conduct its affairs in accordance with all applicable laws and regulations of the jurisdictions in which it does business. This Code of Business Conduct and Ethics applies to the Company’s employees and to its non-employee directors. Some provisions apply particularly to a class of employees labeled as "Designated Executives." These include the Company’s principal executive officer, principal financial officer, principal accounting officer or controller, and persons performing similar functions.
The Code is designed to promote:
- honest and ethical conduct, including the ethical handling of actual or apparent conflicts of interest between personal and professional relationships;
- full, fair, accurate, timely and understandable disclosure in the reports and documents the Company files with, or submits to, the Securities and Exchange Commission and in other public communications made by the Company;
- compliance with applicable governmental laws, rules and regulations;
- the prompt reporting to the appropriate person of violations of laws, rules, regulations and this Code and other Company policies; and
- accountability for adherence to this Code.
National has established standards for behavior that affect the Company, and both employees and non-employee directors should comply with these standards. The Company promotes ethical behavior and encourages employees to talk to supervisors, managers, the National Office of Business Conduct and Ethics, or other appropriate personnel when in doubt about the best course of action in a particular situation. Non-employee directors are encouraged to talk to the Chairman of the Board and/or to the Chairman of the Director Affairs Committee in such situations.
 Additionally, you should report violations of laws, rules, regulations, this Code or other Company policies to appropriate personnel. No one will be subject to retaliation for reporting such violations in good faith. Anyone aware of a situation that he or she believes may violate or lead to a violation of this Code should follow the guidelines under "Compliance and Reporting".
This Code covers a wide range of business practices and procedures. It does not cover every issue that may arise, but it sets out basic principles to guide you. Specific Company policies and procedures provide details pertinent to many of the provisions of the Code. You are expected to be aware of, and to act in accordance with, both the Code and the Company’s other policies and procedures at all times. National’s Business Conduct and Ethics website provides further information, resources and guidance on many of the topics covered by this Code. Although there can be no better course of action than to apply common sense and sound judgment, do not hesitate to use all available resources whenever it is necessary to seek clarification.
|
