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GPS » Topics » DOING BUSINESS WITH SPOUSES, RELATIVES OR FRIENDS

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

DOING BUSINESS WITH SPOUSES, RELATIVES OR FRIENDS

 

You must obtain the written approval of your Vice President or above, and the Chief Compliance Officer, before doing Company business with parties such as relatives, friends, spouses or life partners. You must always keep the Company’s interests top priority in those interactions. In addition, you may not pressure others into hiring a relative or friend as an employee, supplier, vendor or landlord of the Company.

 

Question:

 

Can I hire my friend to coordinate a photo shoot for an in-store event? Three photographers submitted bids for the job, and his is the most competitive.

 

Answer:

 

You may hire your friend for the photo shoot as long as the decision is not in any way influenced by your relationship with him. However, you must first get written approval from your Vice President and the Chief Compliance Officer.

 

GAP INC. CODE OF BUSINESS CONDUCT (Updated Jan. 4, 2005)

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