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CORE DOCUMENT VAULES

PERFORMANCE DIFFERENTIATION To recognize and reward those who contribute more.

BELIEF To have faith in our company, in the products and in oneself.

TENACITY To stay the course and finish the tasks, even when
unexpected obstacles develop.

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  • Never use information marked “confidential,” or something similar, belonging to anyone else.
Never use information on a competitor that someone has offered to sell. Proprietary and Confidential Information Policy C-148.

Gifts and Entertainment

Exchanging social amenities or business gifts of a modest value such as small gifts, meals and entertainment is a common practice meant to create goodwill and establish trust in business relationships and is permitted. Schering-Plough expects the use of good judgment and moderation when giving or receiving entertainment or gifts. Avoid situations that could compromise or appear to compromise your impartiality.

This means:

  • Business gifts or meals should be infrequent and should never be conditioned upon, or be a reward for, purchasing, prescribing or promoting Schering-Plough’s products and services.
  • Gifts, meals and entertainment may be provided or accepted in the normal course of business as long as they:
    • Involve persons with whom Schering-Plough has or may have business;
    • Are reasonable and consistent with applicable laws and with accepted ethical standards and local business practices;
    • Are of modest value and properly recorded in company records so they could not be construed as a bribe, payoff or kickback; and
    • Are not in violation of the rules of the recipient’s organization.

What is considered “modest” may vary, depending on the country in which we are doing business. Certain exceptions to the Standards may be made in countries where differing practices are customary with approval of your management in consultation