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bc,ProfessionalStandards,March1998,Author:PeterAman,Contributors:BarbaraBjornson,LairdReed,Copyright1998BainmechanismformediationManagement-reinforce(actively),interpret,apply,provideincentives/disincentives,ProgramDescription(3of4),9,professionalstandards,Howthroughlocalresources(ProfessionalStandardsManagerscoordinatedwiththeCenter)worldwidetrainingforalllevelsrolemodelingattheteamlevellocalcommunicationsandmarketingcoordinatedbythecenter(e.g.,intranet)internal/externalmarketingincentivesanddisincentivesBVU,ProgramDescription(4of4),10,professionalstandards,Agenda,ComplianceandIntroductionPoliciesCasesSourcesofadditionalinformation,11,professionalstandards,ProfessionalStandardsPolicies,ProtectingandsharingclientinformationCompetitordatagatheringExclusivityandclientconflictHarassmentanddiscriminationInsidertradingGeneralandExpensePolicies,12,professionalstandards,clientidentityclientinternaldataproprietaryinsightspurchasedstudies(permissionmaybeoverarchingatcasestart),presentationsproposalsback-upinformationsuccessstories,generalinsightsgeneraldevelopedinformationpubliclyavailableinformation,Information,Whichcanandshouldbeshared,Whichshouldbesharedoncesanitized,Cannotbesharedwithoutexplicitpermissionfromtheclient,Noconfidentialorproprietaryinformation(includingtheclientsidentityandcharacteristicsoftherelationship),providedbyorobtainedfor,aclientmaybegiventoanyoneoutsidethecaseteam.InformationwhichisneitherproprietarynorconfidentialmaybesharedonlywiththeexpressapprovalofaBainpartnerontheoriginatingcase,andinmanycases,theclient.,ProtectingorthecompanyisaBainclient(andappearsonBainsRestrictedList);orthecompanyisotherwiseassociatedwithBainoraBainclient(andappearsonBainsRestrictedList)IftradingoutsidetheU.S.,youareexpectedtoadheretolocallaws;however,evenifthereisnolocalprohibitionon“insidertrading”,tradinginthestockofaBainclientisnotpermitted.,InsiderTrading-PolicySummary(1of2),28,professionalstandards,The“RestrictedList”ofcompaniesinwhichemployeesmaynottradeismaintainedbyLocalControllers,CorporateTreasuryandpossiblytheseniorLibrarianineachlocaloffice.Ifyouownasecurity,youmaysellthesharesimmediately(assumingnoissueofinsiderinformation)orholdtheshares(eitherina“blind”trustoruntil3monthsafteryouleaveBain)inrarecircumstancesandonlywiththeapprovaloftheCenter,youmaybeabletosellasecurityontheRestrictedListwithinaprescribedwindowTheconsequencesofinsidertradingviolationscanbestaggering:civilfinesupto3timestheprofitgainedorlossavoidedbythetradingcriminalfines(nomatterhowsmalltheprofit),ofupto$1millionliabilitytothosedamagedbythetradingtheappearanceofimproperconductcanhaveaveryseriousimpactonBainsbusinessandfinancialresultssanctionsuptoandincludingterminationofemploymentforcause,InsiderTrading-PolicySummary(2of2),29,professionalstandards,GeneralandExpensePolicies,Employeesmaynotviolateanycriminalorcivillawsorregulations(federal,state,orlocal)aspartofanyworkforBainhowever,ifasked,youmustidentifyyourselfasanemployeeofBainhowever,thestandardslistedaboveshouldbeappliedtoeachexpensereimbursementsubmission.TravelRelatedLocalTransportationandMealsTelephoneChargesEvents/EntertainmentCasesShouldyouhaveanyquestionsontheapplicationofthepoliciesandprocedures,pleasecallamemberoftheTimeandExpenseGroupinFinancepriortoincurringthecost,ExpensePolicies,50,Ethicsnoentertainmentorcarrentalcostsarereimbursable,Sameas1.,Sameas1.,Sameas1.,Sameas1.,Sameas1.,Sameas1.,Sameas1.,Sameas1.,Situation,Airfare,Hotel,Meals,Notes,1.,2.,3.,ExpensePolicies,TravelRelatedCases(1of4),51,Ethicsnoentertainmentorcarrentalcostsarereimbursable,Situation,Airfare,Hotel,Meals,Notes,4.,5.,6.,TravelRelatedCases(2of4),ExpensePolicies,52,Ethicsreasonablelaundry/drycleaning/valetcostsarereimbursable.However,itemsofclothingpurchasedwhentravelingarenotreimbursable.Thisincludesreplacementoflostorstolenitems,aswellasclothingpurchasedasaresultofanunexpectedtrip.,ExpensePolicies,58,professionalstandards,Agenda,ComplianceandIntroductionPoliciesCasesSourcesofadditionalinformation,59,professionalstandards,Sou

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