Code of Ethics

The Board of Directors (“Board”) of DAVID CONSTRUCTION, INC. (“Corporation”) has adopted the following Code of Ethics for the Corporation. This Code of Ethics applies to all directors, officers and employees of the Corporation.

Ethics Standard and Policies:

It is the policy of DAVID Construction, Inc. to comply with all governmental laws, rules, and regulations applicable to its business.

The directors, officers and employees of the Corporation shall be fair and honest in all business dealings with the Corporation's suppliers, customers and other third parties. Dishonesty in any form is not acceptable. The reputation of the Corporation for integrity is of utmost importance, and can be achieved only with the unwavering fair and honest conduct of its directors, officers and employees. The Corporation is not only interested in the attainment of results, but also how those results are achieved.

The standards of conduct and policies set forth in this Code of Ethics are in addition to the “Code of Excellence” and “Core Values” of the Corporation.

Employee Matters:

Employees are expected to report promptly any incidents of dishonesty or non-compliance with the Code of Ethics or any suspected violations of law involving the Corporation.

In most cases, an employee should discuss such matters with the employee's immediate supervisor. If an employee is dissatisfied following discussion with his or her immediate supervisor, or does not wish to discuss the matter with his or her supervisor for any reason, the employee may discuss the matter directly with the President of the Corporation. The President maintains an open door policy for such concerns.

If an employee does not wish to discuss the matter with his or her supervisor or the President of the Corporation, the employee may contact the Independent Ethics Advisor to express his or her concerns. The name and contact information of the Independent Ethics Advisor is posted on the company bulletin board at its main office. The employee need not disclose his or her name to the Independent Ethics Advisor.

An employee may voice concerns about incidents of dishonesty or non-compliance with the Code of Ethics or any suspected violations of law involving the Corporation without worry of any adverse consequences to the employee, unless the employee acts with willful disregard of the truth.

If a director, officer, or employee fails to behave honestly, fails to conform with the standards of conduct set forth in this Code of Ethics, or fails to comply with the law, that individual shall be subject to disciplinary action by the Corporation, up to and including discharge.


Adopted: 3-1-2011