LYNNHAVEN MARINE AND DOCK, INC. SAFETY POLICY

WE BELIEVE IN KEEPING EMPLOYEES FULLY INFORMED ABOUT OUR POLICIES, PROCEDURES, PRACTICES, BENEFITS, WHAT EMPLOYEES CAN EXPECT FROM THE COMPANY AND THE OBLIGATIONS ASSUMED AS AN EMPLOYEE OF LYNNHAVEN MARINE AND DOCK, INC. (LMDI).

THIS PRACTICE IS DESIGNED TO PROVIDE FAIR TREATMENT OF EMPLOYEES. ALL EMPLOYEES ARE EXPECTED TO BECOME FAMILIAR WITH THE POLICIES, PROCEDURES, PRACTICES AND BENEFITS OF LMDI. LMDI INTENDS TO PROVIDE EMPLOYEES WITH BASIC INFORMATION. THE POLICIES AND PRACTICES DESCRIBED REFLECT A GREAT DEAL OF CONCERN FOR THE PEOPLE WHO MAKE IT POSSIBLE FOR LMDI TO EXIST…ITS EMPLOYEES.

LMDI DOES NOT INTENDED TO CREATE A CONTRACT (EXPRESSED OR IMPLIED), OR OTHERWISE TO CREATE LEGALLY ENFORCEABLE OBLIGATIONS ON THE PART OF LMDI OR ITS EMPLOYEES.

ALL EMPLOYMENT AT LMDI IS AT WILL. AT WILL MEANS THAT BOTH EMPLOYEE AND LMDI HAVE THE RIGHT TO TERMINATE EMPLOYMENT AT ANY TIME, WITH OR WITHOUT ADVANCED NOTICE, AND WITH OR WITHOUT CAUSE. LMDI FOLLOWS THESE POLICIES AND DOES NOT AND SHOULD NOT BE CONSIDERED TO CREATE A CONTRACT OF EMPLOYMENT BETWEEN THE EMPLOYEE AND THE COMPANY. ADDITIONALLY, BECAUSE LMDI IS A GROWING, CHANGING ORGANIZATION, IT RESERVES FULL DISCRETION TO ADD, MODIFY, OR DELETE PROVISIONS OF THIS POLICY AT ANY TIME WITHOUT ADVANCED NOTICE. FOR THIS REASON, EMPLOYEES SHOULD CHECK WITH THEIR SUPERVISOR TO OBTAIN CURRENT INFORMATION REGARDING THE STATUS OF ANY PARTICULAR POLICY, PROCEDURE OR PRACTICE.

NO INDIVIDUAL OTHER THAN THE PRESIDENT OF LMDI HAS THE AUTHORITY TO ENTER INTO AN EMPLOYMENT AGREEMENT OR ANY OTHER AGREEMENT THAT MODIFIES COMPANY POLICY.

DESCRIPTIONS OF VARIOUS FRINGE BENEFITS (SUCH AS GROUP INSURANCE) ARE SUMMARIES ONLY. SHOULD ANY INFORMATION PROVIDED DIFFER WITH ANY FORMAL AGREEMENT OR DOCUMENT INVOLVED, THE FORMAL AGREEMENT OR DOCUMENT SHALL BE CONSIDERED CORRECT. THE POLICIES, PROCEDURES, PRACTICES AND BENEFITS DESCRIBED REPLACE ALL EARLIER WRITTEN AND UNWRITTEN ONES.