In case you are not familiar with what "earth ground" is, I'll elaborate.
No, let me elaborate because you have no idea. A ground rod should NEVER be used for grounding anything.
The correct way to protect your system is as follows and this follows the NEC.
1) Provide secondary protectors for all CO lines. Ideally these should be located as close as possible to where the TELCO has installed their protectors and demarc inside the building. The TELCO (and CATV) entrance and protectors should be located with the electrical service so that the grounds can be bonded together. Your secondary protectors (as well as the TELCO and CATV) get grounded to the
ground wire from the electrical panel that runs to the cold water ground and the ground rod if there is one. This is called a multipoint ground in that everything gets grounded to the same place as well as to the electrical neutral in the panel. Always use at least a #12 wire, not a piece of 4 pair with all conductors twisted together!
Alternately, if it is not possible to locate or ground your secondary protectors to this point locate them with the system control unit and ground them to the receptacle that supplies the system. This is NOT the ground screw on the processor! DITEK makes a nice device for this.
It incorporates a ground binding post with a three outlet surge supressor that plugs into the receptacle.
2) All off premises extensions must have protectors at both ends. Again, follow the grounding methods I outlined. AVAYA has IROB protectors for this- a bit pricy. We use the same secondary protectors as the CO lines. Again, DITEK makes some good stuff. We like to use 5 pin type protectors that have fuses (ITW Linx FPP3-235). These are not self resetting so if the installation is prone to getting hit these will have to be replaced when they do. We feel that they offer superior protection and none of our systems have ever been damaged when installed with these in the way I described above. I've seen the 5 pin protectors blown across the basement but the system was untouched.
3) ALWAYS install QUALITY power line surge protection. I also prefer a UPS to eliminate power problems like off-on-off-on sequencing that can wipe out Partner power supplies.
A word about that ground screw on the processor. It is a supplemental ground that (per UL) should also be connected to ground in case the plug is pulled. Be careful here. The instructions state to connect this to a cold water pipe or building steel. You don't want to do that. ALWAYS connect it to the same place the line cord is grounded which is why I recommend the DITEK 3GTP.
We found this out the hard way, too cheap to buy the 3GTP back then. We had a system that we installed on the third floor of an office building. We grounded the CO line protectors and the ground screw on the processor to building steel, an "I" beam up in the ceiling. All was fine for over two years when we were called to find out why the entire system went down. We found that the processor would not power up. We replaced it. Two days later the same problem. This time I happened to grasp the line cord and found that it was warm! In removing the module I also happened to notice a spark when I removed the ground wire from the screw. I got out my volt meter and found that there was around 50 volts between that "I" beam and the plate on the electrical receptacle. Apparently this is intermittent. Back at the shop I opened the first processor module (ACS R2) and found the reason that it was destroyed. The ground screw is connected to the ground prong on the line cord but not directly. From the screw a wire connects to a trace on the board that runs to the back of the board where it picks up the ground from the power connector. All along the way there are other traces and components connected to this ground trace which was burned in half. This put the 50 volts across components on the board that destroyed them.
Moral of the story is make sure that if you connect the ground screw make sure you connect it to the same point as the line cord ground, not somewhere else.
-Hal