• Section 1: Responsibilities and Obligations to Clients
• Section 2: Fair Competition
• Section 3: Fair Transactions
• Section 4: Basic Ethics for Employees and Associates
• Section 5: Corporate Responsibilities to Employees and Associates
• Section 6: Responsibilities to Society and Country Code of Ethics

Section 1: Responsibilities and Obligations to Clients

We highly regard the opinions of our Clients in the belief that they form the very basics of our business.  We seek to secure unconditional trust from our Clients by continuously providing them practical values and operating in an open, honest and ‘above board’ manner at all times. We will promote a ‘best practices’ approach in all Client engagements and proffer our honest opinion, even when in conflict with MSC, Inc. self interests.

1. Respect for Clients: We value the opinions of our Clients and attempt to validate their true needs at all times.  We regard our Clients as the primary focus for our decisions and conduct.  We attempt to comply with all existing Client values and processes except where they may conflict with our existing Code of Ethics.

2. Creating Value: We work to create value for our Clients for it is through Client satisfaction that we build the foundation of our prosperity.  We continuously create practical value that fully benefits and satisfies our Clients.

3. Providing Value:  We are always truthful to and respectful of our Clients, and are bound to keep our words.  We offer top quality products and services to our Clients at reasonable prices and respond to their requests with speed and accuracy.

4. Best Practices: We will honestly promote the Client interests over the self interest of MSC, Inc., when such actions benefit our Client.  This may, in extreme circumstance, require that MSC, Inc. withdraw from an engagement if we believe that this will be in the best interest of the Client.  

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Section 2: Fair Competition

All business transactions will occur based on the principles of fair competition with equal opportunities guaranteed for all entities to participate.  We build trust and cooperative relationships through fair and transparent transactions.  Such relationships are built with a long-term perspective for mutual growth.

1. Pursuit of Free Competition: We uphold the principle of a free market economic system; therefore we pursue free competition and earn our Clients' trust through top quality products and services.  We compete fairly and capably with our competitors, but do not intrude upon their interests, or exploit their weaknesses.

2. Compliance with Laws and Regulations: We conduct our domestic and overseas business activities in strict accordance with local laws and regulations, and with respect for local business customs. 

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 Section 3: Fair Transactions

1. Equal Opportunity :  We offer equal opportunities to all qualified companies seeking to become our business partners.  All applicants are registered and selected in a rational manner following a fair and objective evaluation process.

2. Fair Transaction Procedures:  All business transactions are conducted under equitable circumstances.  The terms and procedures of the transaction are to be sufficiently discussed between parties involved.  Any form of unjust transaction abusing superior position is never taken. Information required for transactions is exchanged through appropriate procedures in a timely manner.  Transaction results are evaluated on a regular basis where complementary measures are mutually taken.

3. Fair Vendor Relations: We support the long-term growth of our partners and vendors by enhancing their competitiveness through technological and managerial assistance.  In so doing, we share the profits derived from business innovations. We pursue mutual effort and cooperation with our partners and vendors in promoting a healthy trading environment and maintaining fair trading system.

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 Section 4: Basic Ethics for Employees and Associates

1. Basic Ethics: MSC, INC. employees take pride in their company and always maintain an honest and fair attitude.  MSC, INC. employees keep high standard of morality and continuously strive to maintain their personal dignity and the company's honor.

2. Completion of Duty: MSC, INC. employees attempt accomplish their duties in compliance with the visions and policies of the company to the best of their abilities.  Assigned duties are carried out in the best possible and fairest manner while observing relevant laws and regulations.  MSC, INC. employees protect and preserve company property and do not divulge confidential information gained during employment.  MSC, INC. employees exert themselves to enhance work efficiency through open communication and cooperation with colleagues and business partners.

3. Self Development: MSC, INC. employees strive to enhance their abilities and image through continuous self-development.  MSC, INC. believes in continuing education through formal and informal means.  Individual self actualization is a key component in all activities and is positively promoted.

4. Fairness in Performance: MSC, INC. employees carry out their duties based on honesty and fairness, seeking to foster a sound business culture.  While performing their duties, MSC, INC. employees do not accept any form of financial benefit from interested parties that may obstruct fair judgment.   MSC, INC. employees refrain from any immoral or unethical behavior as prescribed by social norms in performing their duties and in living their personal lives.

5. Avoidance of Conflict with Company Interests:  MSC, INC. employees avoid any individual behaviors or relationships that are in conflict with company interests.  MSC, INC. employees do not use company property to pursue their personal interests without prior permission.

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 Section 5: Corporate Responsibilities to Employees and Associates

MSC, INC. endeavors to respect the human dignity of its employees and provides fair treatment based on their abilities and performance.  MSC, INC. also strives to foster creativity and individualization among its employees.  Recognizing that each individual is a separate soul and requires individual attention and support, MSC, INC. promotes the concept of ‘Free Agency’ and encourages creative approaches to business and personal lives.

1. Respect for Human Dignity: MSC, INC. treats each employee with trust and respect and values every individual's human dignity and family responsibilities.  MSC, INC. makes best efforts to help employees attain pride and personal fulfillment by instilling a sense of ownership in their jobs.

2. Fair Treatment: MSC, INC. offers equal opportunities to all its employees based on their abilities and talents.  MSC, INC. applies fair measures to evaluate abilities and performances of its employees, and rewards them accordingly.

3. Promoting Creativity: MSC, INC. makes utmost efforts to promote a working environment conducive to creative thinking and autonomous behaviors.  MSC, INC. develops and manages its human resources on a long-term basis and gives active support to cultivating employees' abilities.  MSC, INC. creates a mature organizational culture that highlights mutual trust, understanding and respect for personal lifestyles. 

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 Section 6: Responsibilities to Society and Country

MSC, INC. contributes to national welfare by supporting our Government of the United
States of America and its lawful agencies and protects its partner’s interests by developing sound business operations.  We believe in loyalty to God and Country, holding that the Family is of utmost importance to both the individual and company best interest.

1. Rational Business Development: MSC, INC. conducts its business, respecting the social values at home and abroad.  MSC, INC. promotes its business expansions based on stable corporate growth.

2. Contribution to Social Development: MSC, INC. contributes to national and social development through job creation, tax payments, and promotion of cultural and educational programs.

3. Environmental Conservation:  MSC, INC. strives to prevent environmental pollution and employs reasonable measures to conserve precious natural resources in accordance with sound scientific principals and current knowledge.

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