Business Practices

The following Business Practices are a summary of the principal areas of law affecting the Company and certain Company policies.  It is intended to increase the awareness of the legal and ethical issues that may arise in the course of conducting our business.  PGS expects employees and directors to comply with all Company policies and laws applicable to their job responsibilities and to adhere to these guiding principles.

The legal department and Company representatives are available to answer questions, give advice, address concerns and investigate allegations related to compliance with laws, regulations, Company polices and these Business Practices.

LAWS & REGULATIONS

• Environmental Laws
• Occupational Safety and Health
• Antitrust Laws
• Securities and Disclosure Laws
• Tax Laws
• Prohibited Dealings with Certain Countries
• Anti-Boycott Laws
• Anti-Corruption Laws

BUSINESS ETHICS

• Entertainment and Gifts
• Political Contributions
• Commercial Bribes

EMPLOYEE CONDUCT / REPONSIBILITES

• Employment Practices
• Records
• Conflicts of Interest
• Proprietary and Confidential Information
• Company Assets

COMPLIANCE

• Reporting Violations