Social Contribution and Sponsorship Request Process
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Questions and Answers

What is the responsibility of MODEC Personnel when requesting Social Contribution and Sponsorship?

  • To conduct the Due Diligence Process independently
  • To involve external parties in the Due Diligence Process
  • To complete and submit the Social Contribution and Sponsorship Request Form with sufficient information for Due Diligence (correct)
  • To directly approve the Social Contribution and Sponsorship without due process

    • Who is primarily responsible for conducting the Due Diligence Process?

  • The Compliance Intranet
  • Local C&E Representatives (correct)
  • The MODEC Personnel requesting the Social Contribution and Sponsorship
  • The MODEC Group Company Executive

    • What is the purpose of the search conducted by the local C&E Representatives during Due Diligence Process?

  • To conduct a thorough background screening of the person/entity soliciting and/or benefitting from the Social Contributions and Sponsorships (correct)
  • To bypass the Due Diligence Process
  • To seek approval from MODEC Group Company Executive
  • To approve all Social Contributions and Sponsorships without scrutiny

    • What may the Local C&E Representatives require from MODEC Personnel during the Due Diligence Process?

    <p>Contribution Terms</p> Signup and view all the answers

    Who should review the report submitted after the Due Diligence Process?

    <p>Appropriate MODEC Group Company Executive and CCO</p> Signup and view all the answers

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