Unocal Corporation's commitment to ethical and lawful business conduct is a fundamental shared value of our board of directors, management and employees and critical to the company's success. Our standards for business conduct provide that we will uphold ethical and legal standards vigorously as we pursue our financial objectives, and that honesty and integrity will not be compromised by Unocal anywhere at any time. Consistent with these principles, Unocal's board has adopted this Code of Conduct as a guide to the high ethical and legal standards expected of its members. Guidelines
In performing their board and board committee functions, our directors will: