Procedures for Addressing the Conflict of Interest i. An interested person may make a presentation at the governing board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest.
ii. The chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement.
iii. After exercising due diligence, the governing board or committee shall determine whether the Organization can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest.
iv. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine a majority vote of the disinterested directors whether the transaction or arrangement is in the Organization’s best interest, for its own benefit, whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement.
Procedures for Addressing the Conflict of Interest. An interested person may make a presentation at the governing board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. The chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. After exercising due diligence, the governing board or committee, shall determine whether the corporation can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing 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, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination, it shall make its decision as to whether to enter into the transaction or arrangement.
Procedures for Addressing the Conflict of Interest. An interested person may make a presentation at the governing board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest.
Procedures for Addressing the Conflict of Interest a. An Interested Person may make a presentation at the Steering Committee or subcommittee meeting, but after such presentation, he/she 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 Steering Committee or subcommittee, as the case may be, shall, if appropriate, appoint a disinterested SC Member, officer, or subcommittee to investigate alternatives to the proposed transaction or arrangement.
c. After exercising due diligence, the Steering Committee or subcommittee shall determine whether the Company 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 Steering Committee or subcommittee shall determine by a majority vote of its disinterested members whether the transaction or arrangement is in the Company’s best interest and for its own benefit and whether the transaction is fair and reasonable to the Company and shall make its decision as to whether to enter into the transaction or arrangement in conformity with such determination.
Procedures for Addressing the Conflict of Interest. 1. A conflict of interest will be presented by the affected person at the ISTQB, Governing Board or meeting/working party. After the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest.
2. The chairperson of the ISTQB, Governing Board or meeting/working party shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement.
3. After exercising due diligence, the ISTQB, Governing Board or meeting/working party shall determine whether ISTQB can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest.
4. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the ISTQB, Governing Board or meeting/working party shall determine by a majority vote of the disinterested individual affiliates whether the transaction or arrangement is in ISTQB’s best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement.
Procedures for Addressing the Conflict of Interest a. An interested person may make a presentation at the Board of Directors or Ethics and Governance Committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest.
b. The Chairperson of the Board of Directors or Ethics and Governance 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 of Directors or Ethics and Governance Committee shall determine whether USRowing can obtain with reasonable efforts a more advantageous transaction or arrangement 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 possible under circumstances not producing a conflict of interest, the Board or Executive Committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in USRowing’s best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination, it shall make its decision as to whether to enter into the transaction or arrangement.
Procedures for Addressing the Conflict of Interest. 1. An interested person may make a presentation at the governing board or committee meeting explaining why he believes his transaction or arrangement does not constitute a conflict of interest, but after the presentation, the interested person shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest.
2. 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.
3. After exercising due diligence, the board or committee shall determine whether the ALBUQUERQUE COLLEGIATE CHARTER SCHOOL FOUNDATION can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest.
4. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing 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 ALBUQUERQUE COLLEGIATE CHARTER SCHOOL FOUNDATION’s best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement.
Procedures for Addressing the Conflict of Interest. 1) An interested person may make a presentation at the Committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest.
2) If found to be a conflict of interest, the Committee will determine if the conflict requires the person to recuse oneself from specific decisions made by the committee, or if it requires the person to step down from the Committee altogether.
3) If found to not be a conflict of interest, the person may participate in all Committee actions without any modifications.
Procedures for Addressing the Conflict of Interest. The corporation is permitted to execute a Conflicting Interest Contract or an Interested Party Contract, as long as:
Procedures for Addressing the Conflict of Interest. (a) The Board or Committee members will review all transactions, agreements or any other arrangements or relationships between the Millennium and the Interested Person, and any other transactions which may involve a potential conflict of interest. The Board or Committee members addressing the conflict of interest must act in the best interests of the Millennium at all times.
(b) The Interested Person must not be present for deliberations and voting on the transaction or arrangement in which he or she has an interest. However, an interested person is not prohibited from providing information regarding the transaction or arrangement to the Board or committee prior to deliberations and voting.
(c) Interested Persons shall not vote, act, or attempt to influence improperly the deliberations on any matter in which he or she has been determined by the Board or committee to have an interest.
(d) Prior to entering into a proposed transaction involving an Interested Person, the Board or committee will consider alternative transactions to the extent available.
(e) The Board or committee shall, after considering alternate transactions and/or comparability data, determine in good faith by vote of the committee whether the transaction or arrangement is fair, reasonable, and in the best interest of Millennium at the time of such decision. The transaction shall be approved by not less than a majority vote of the Board or committee.
