COLONIAL ELECTRIC SUPPLY COMPANY

VENDOR REPRESENTATIVE ETHICS POLICY

 

1.     Vendor sales representatives (“vendor rep”) shall not propose, entertain or enter into any illegal, collusive or unethical arrangement with any employee or customer of The Colonial Electric Supply Company (“Colonial”). In the event a vendor rep becomes aware of any discussion about any such arrangement, it will be expected to immediately report this information to Colonial’s President.

 

2.     Vendor reps are required to obtain permission from Colonial’s Vice President, Supply Chain (“VP Supply Chain”) prior to offering any economic incentives to sales people, regardless of form. A vendor rep shall not provide cash or cash equivalents to any Colonial employee for any reason without first obtaining written permission from Colonial senior management.

 

3.     Vendor reps are required to notify VP Supply Chain of any incentive program for which Colonial or its employees may be eligible. Any participation in any such program must be arranged and all rewards, options and prizes distributed through Colonial’s VP Supply Chain. A vendor rep shall not provide any awards or prizes directly to a Colonial employee without written consent.

 

4.     Vendor reps may entertain Colonial employees from time to time; however, any such entertainment shall be limited to $100 per occurrence, and $250 per month, unless pre-approved in writing by Colonial’s VP Supply Chain.

 

5.     Vendor reps may not provide free product or discounts to any Colonial employee without pre-approval from Colonial’s VP Supply Chain. Any such free product or discounts shall apply equally to all Colonial employees.

 

6.     Vendor reps are expected to be familiar with Colonial’s policies and procedures and are required to follow all applicable Colonial policies and procedures as well as those in place at the companies they represent. Colonial employees and vendor reps must be truthful and forthright in all dealings with each other. Gifts or services in exchange for preferential treatment are forbidden.

 

7.     While visiting, vendor reps shall: report in to the receptionist or manager, wear appropriate visitor identification provided, not use unmanned desks, and restrict the use of equipment such as phones and copy machines to Colonial related business.

 

8.     Vendor reps are strictly forbidden from offering alternative employment opportunity information to Colonial employees. Such an occurrence will result in a lifetime ban from the premises.

 

9.     Vendor reps are expected to disclose to Colonial’s VP Supply Chain any matters that might implicate any of the subjects covered by these policy provisions. Anything not specifically covered should prompt a discussion with Colonial’s VP Supply Chain.

 

Failure to adhere to this policy may result in the vendor rep being banned from Colonial premises and vendor’s lines dropped.

Colonial reserves the right to take action against the vendors and/or their representatives or their employers for direct violations of this policy.

 

 

For a Complete List of Locations

Please Visit

www.colonialelectric.com

www.BrightLightDesignCenter.com              www.AnnapolisLighting.com