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SECTION 12                                       SEKO absolutely prohibits any consultation with

                                                              competitors relating to prices or terms and
             ANTITRUST                                        conditions of sale.

                                                              For purposes of clarity, some examples of conduct that
             SEKO conducts its business ethically and in      may be construed as unlawful and contrary to Antitrust
             compliance with all laws in the countries where   laws include, but are not limited to:
             SEKO does business - including all state, federal
             and international antitrust laws such as the U.S.   (a) price-fixing with the competition;
             Sherman Act, U.S. Clayton Act, U.S. Federal Trade
             Commission, as amended, and EU Antitrust Laws.   (b) rigging bids with the competition;
             SEKO Representatives MAY NOT directly or indirectly
             communicate with the “competition” and display   (c) conspiring with the competition;
             any form of unlawful restraints, price-fixing, price
             discrimination, exclusive dealing arrangements,   (d)  destruction of documents in an effort to achieve
             conspiracy, monopolies, prices, profit margins,     or hide any of the foregoing motives; and
             and/or discounts in any engagements. Compliance
             with the law requires obedience both to the letter   (e) price discrimination.
             and spirit of the law.
                                                              ANY INFRACTION OF SEKO’S ANTITRUST
             A basic tenet of SEKO policy is that no employee
             shall enter into any understanding, agreement, plan   POLICY OR THE ANTITRUST LAWS WILL
             or scheme, whether express or implied, formal or   SUBJECT ANY EMPLOYEE TO LEGAL
             informal, oral or written, with any competitor with   PENALTIES AS WELL AS CORPORATE
             respect to prices, terms or conditions of sale, output,   DISCIPLINE, UP TO AND INCLUDING
             production, distribution, territories or customers.   DISMISSAL FROM EMPLOYMENT.




















































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