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GPS » Topics » Chinese Communities:

This excerpt taken from the GPS 10-K filed Mar 28, 2005.

Chinese Communities:

 

The Company does not encourage the acceptance of “Lai See,” and employees should not under any circumstance solicit for it. However, management respects and understands the Chinese tradition of giving “Lai See” during Chinese New Year as a friendly gesture. Therefore, only on this occasion may employees accept a cash gift in the form of “Lai See” and only for a nominal amount valued up to H.K. $100 (or equivalent).

 

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