Corporate Governance - Business Policies

Running for Office or Engaging in Activities in Support of a Candidate

Employees of PHI are encouraged to be civic minded and to be community volunteers. Community involvement, however, could include political activities such an employee becoming a candidate for public office or working on another person's behalf in a campaign for public office. Employees must be mindful that ethical and legal compliance requirements could come into play as a result of such activities.

PHI has established a notification procedure for employees who wish to seek public office while holding a position with PHI or any of its subsidiaries. In addition, PHI has established procedures for employees to follow when engaging in political activities in support of a candidate for public office. These procedures apply to federal, state and local elections. The purpose of the Notification procedure is to ensure that PHI complies with all applicable campaign finance laws and avoids even the appearance of endorsing a particular candidate.

This policy provides notice to employees of PHI's pre-clearance requirements for such activities, as well as general information about the legal restrictions imposed by certain corporate contribution laws and the potential application of federal, state, or local conflict of interest laws. Please contact Senior Vice President of Government Affairs and Public Policy with any questions.