| 1.   | Act with honesty and integrity and at all times avoid all actual or apparent conflicts of interests between your personal and business relationships. |
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| 2.   | Comply with any conflict of interest policies and other provisions of any of the Company’s applicable policies or guidelines as may be established from time to time relating to the areas covered by this Code. |
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| 3.   | Provide full, fair, accurate, timely and understandable disclosure to the Chief Executive Officer, President, Chief Financial Officer and Chief Operating Officer and the Audit Committee of the Company’s Board of Directors of all material information known to you regarding the current or future financial condition or financial performance or the business of the Company. |
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| 4.   | Promote and help to assure full, fair, accurate, timely and understandable disclosure in all reports and documents that the Company files with the Securities and Exchange Commission and in other public communications by the Company. |
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| 5.   | Comply with all laws, statutes, rules, regulations and stock exchange or national quotation system listing standards, to the extent applicable to the conduct of your duties and responsibilities. |
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| 6.   | In performing your duties and responsibilities, act in good faith, with due care, competence and diligence, responsibly, without misrepresenting any material fact, and without allowing your independent judgment to be compromised or subordinated. |
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| 7.   | Respect the confidentiality of information acquired in the course of your work except when authorized or otherwise legally obligated to make disclosure and not use such confidential information for personal advantage. |
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| 8.   | Promptly report all violations of this Code to the general counsel or corporate secretary of the Company. |
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