Determining Whether a Conflict of Interest Exists. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists.
Determining Whether a Conflict of Interest Exists. After disclosure of the financial interest and the minimum about of facts necessary to assess the conflict of Interest, and after any discussion with the Employee, Employee shall excuse herself from the Board or committee meeting while the determination of whether a conflict of interest exists is discussed and voted upon. The remaining Board or committee members shall determine whether a conflict of interest exists. Notwithstanding the foregoing, however, prior approval of the Board of Directors shall not be required if the transaction falls below a de minimis threshold established by the Board.
Determining Whether a Conflict of Interest Exists. After disclosure of a potential conflict of interest, and after any desired statement by the disclosing Director, he or she shall leave the Board or AHIMA Committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining Board or AHIMA Committee members shall decide if an actual conflict of interest exists.
Determining Whether a Conflict of Interest Exists. After disclosure of the financial, professional or personal interest in an RPF and all material facts, and after any discussion with the relevant Board member(s), he/ she/they shall leave the Board meeting while the conflict of interest is discussed and voted upon. The remaining Board members shall decide whether the conflict should disqualify the Board member(s) from voting on a particular matter.
Determining Whether a Conflict of Interest Exists. (a) If any questions regarding a potential conflict of interest arise, the immediate supervisor should bring the matter to the attention of the faculty member involved as soon as possible so that it can be determined whether an impermissible conflict of interest exists.
Determining Whether a Conflict of Interest Exists. A Financial Interest is not necessarily a conflict of interest After disclosure of the Financial Interest and all material facts and any discussion with the Interested Person,the Interested Person shall leave the Board or committee meeting while the determination of a conflict of interest is discussed or voted upon. Whether a conflict exists or does not exist shall be determined by a majority of the Board's or committee's disinterested members. Interested Directors may be counted in determining the presence of a quorum at a meeting of the Board or committee thereof which authorizes the contract or transaction. 93.5 Procedures for Addressing the Conflict of Interest If the Board or committee decides that a conflict of interest exists,the Board or committee should proceed as follows: (a) The Interested Person may make a presentation at the Board or committee meeting, but, after such presentation, the Interested Person shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement that results in the conflict of interest. (b) The Chairperson of the Board or committee shall,if appropriate,appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. (c) After exercising due diligence,the Board or committee shall determine whether the Corporation can obtain a more advantageous transaction or arrangement with reasonable efforts from a person or entity that would not give rise to a conflict of interest. (d) If a more advantageous transaction or arrangement is not reasonably attainable under circumstances that would not give rise to a conflict of interest, the Board or committee shall determine by a majority vote of the disinterested Directors whether the transaction or arrangement is in the Corporation's best interest and for its own benefit and whether the transaction is fair and reasonable to the Corporation and shall make its decision as to whether to enter into the transaction or arrangement in accordance with such determination. _ (e) Upon the Board's determination that a conflict exists, the Interested Person sl, ll thereafter abstain from participating in any discussion or votes in any way related to the subject matter giving rise to the conflict,provided that the Interested Person may respond to inquiries from disinterested members of the Board or committee. 9.3.6 Violations of the Conflicts of Interest Policy. 9.3.6.1 Failure to Disclose a Conflict If the Board or co...
Determining Whether a Conflict of Interest Exists. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. The free use of the Corporation’s education programs by a Director, Officer, or Staff who is engaged in the work of the Corporation at least 40 [forty] hours a week is considered to be an employee benefit and not a conflict of interest so long as this benefit is available to all employees of the Corporation working at least 40 [forty] hours a week.
Determining Whether a Conflict of Interest Exists. Any person or family member who has any financial interest in an entity with which the ALBUQUERQUE COLLEGIATE CHARTER SCHOOL FOUNDATION has a financial transaction shall be deemed to be a conflict of interest unless otherwise determined by independent members of the Board after full disclosure of all relevant facts concerning such financial interest. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, the governing board or committee shall determine, outside of the presence of the interested person, whether a conflict of interest exists.
Determining Whether a Conflict of Interest Exists. A financial interest is not necessarily a conflict of interest. A person who has a financial interest may have a conflict of interest only if the appropriate governing board or committee decides that a conflict of interest exists. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of Interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. Notwithstanding anything herein, the following contracts are exempt from this policy, including but not limited to, employment contracts between the school and a board member or employee's spouse, minor children or dependents; a contract between the school and a corporation of which the board member or employee is neither a director nor owns more than five percent of outstanding stock; a contract between the school and a board member or employee entered Into preceding the election of the board member but not the renewal/renegotiation of that contract; a contract between the school and a board member or employee in which the total paid does not exceed $750.00 during the fiscal year when added to the aggregate amount of consideration payable under all contracts pertaining to that individual; a contract between the school and a company that employs a board member or employee where the individual's compensation Is not directly affected as a result of the contract and the duties of the individual's employment do not directly involve the procurement, preparation or performance of such a contract; and purchases in the aggregate amount of Five Thousand Dollars ($5,000) or less in any single calendar year. No review or action by any governing board or committee shall be necessary if an exception applies.
Determining Whether a Conflict of Interest Exists. If at any time a matter comes before the Board of Managers or an authorized committee of the Board for decision or approval, in which an interested person of DSRIP initiatives and/or decisions or financial, adversarial or other interest, that interest must be promptly disclosed to each member of the Board or committee.
