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DocuSign Envelope ID: 3E4B4B91- 8AA8 -410B- 8584- 11AAECCBC787 <br />committees with governing board delegated powers considering the possible conflict of interest. <br />After disclosure of all material facts, and after any discussion with the person, he/she shall leave <br />the governing board or committee meeting while the determination of a conflict of interest is <br />discussed and voted upon. The remaining board or committee members shall decide if a conflict <br />of interest exists. In addition, the persons) shall not participate in the final deliberation or <br />decision regarding the matter under consideration and shall leave the meeting during the <br />discussion of and vote of the Board ofiDirectors/Trustees or other governing body. <br />I <br />F. Violations of the Conflicts of Interest Policy -- If the Board of Directors/Trustees or other <br />governing body has reasonable cause to believe a member, officer, employee or agent has failed <br />to disclose actual or possible conflicts of interest, it shall inform the person of the basis for such <br />belief and afford the person an opportunity to explain the alleged failure to disclose. If, after <br />hearing the person's response and after making further investigation as warranted by the <br />circumstances, the Board of Directors/Trustees or other governing body determines the member, <br />officer, employee or agent has failed to disclose an actual or possible conflict of interest, it shall <br />take appropriate disciplinary and corrective action. <br />G. Record of Conflict -- The minutes of the governing board and all committees with board <br />delegated powers shall contain: <br />1. The names of the persons wl�o disclosed or otherwise were found to have an actual or <br />possible conflict of interest, the nature of the conflict of interest, any action taken to <br />determine whether a conflicj of interest was present, and the governing board's or <br />committee's decision as to whether a conflict of interest in fact existed. <br />2. The names of the persons w�o were present for discussions and votes relating to the <br />transaction or arrangement that presents a possible conflict of interest, the content of the <br />discussion, including any alternatives to the transaction or arrangement, and a record of <br />any votes taken in connection with the proceedings. <br />Approved by: <br />Name Clrganizati n <br />,_--- Signature 11f Org nization Official <br />Date <br />Conflict of Interest Policy (06115) <br />Page 2 of 3 <br />