Every director, officer and employee has the personal responsibility to read,
know and comply with the principles contained in this Code of Ethics. Subject
to local law, compliance with these principles is a condition of employment, and
failure to comply may result in discipline, up to and including termination.
The Board of Directors shall determine, or designate appropriate management
personnel to determine, the actions to be taken in the event of violations of the
Code of Ethics. These actions will be reasonably designed to deter wrongdoing
and to promote accountability for adherence to the Code of Ethics.
Subject to local law, every director, officer and employee has the duty to bring
to the attention of Eaton any activity that in his or her judgment would violate
these principles. Reports may be made to a supervisor or another member of
management, or the Ethics and Compliance Office as noted above. Potential
violations may also be reported to the chairs of the Audit or Governance
Committees of the Board of Directors, or directly to the full Board of Directors,
by mail in care of the VP, Ethics and Compliance, who will forward the report.