Orange County NC Website
29 <br /> E. Conflict of Interest Policy <br /> The Board of Directors/Trustees or other governing persons, officers, employees or agents are to avoid <br /> any conflict of interest, even the appearance of a conflict of interest.The Organization's Board of <br /> Directors/Trustees or other governing body, officers, staff and agents are obligated to always act in the <br /> best interest of the organization.This obligation requires that any Board member or other governing <br /> person, officer, employee or agent, in the performance of Organization duties, seek only the furtherance <br /> of the Organization mission. At all times, Board members or other governing persons, officers, <br /> employees or agents, are prohibited from using their job title,the Organization's name or property,for <br /> private profit or benefit. <br /> a. The Board members or other governing persons, officers, employees, or agents of the <br /> Organization should neither solicit nor accept gratuities,favors, or anything of monetary value <br /> from current or potential contractors/vendors, persons receiving benefits from the Organization <br /> or persons who may benefit from the actions of any Board member or other governing person, <br /> officer, employee or agent. This is not intended to preclude bona-fide Organization fund raising- <br /> activities. <br /> b. A Board or other governing body member may, with the approval of Board or other governing <br /> body, receive honoraria for lectures and other such activities while not acting in any official <br /> capacity for the Organization. Officers may,with the approval of the Board or other governing <br /> body, receive honoraria for lectures and other such activities while on personal days, <br /> compensatory time, annual leave, or leave without pay. Employees may, with the prior written <br /> approval of their supervisor, receive honoraria for lectures and other such activities while on <br /> personal days, compensatory time, annual leave, or leave without pay. If a Board or other <br /> governing body member, officer, employee or agent is acting in any official capacity, honoraria <br /> received in connection with activities relating to the Organization are to be paid to the <br /> Organization. <br /> c. No Board member or other governing person, officer, employee, or agent of the Organization <br /> shall participate in the selection, award, or administration of a purchase or contract with a <br /> vendor where, to his knowledge, any of the following has a financial interest in that purchase or <br /> contract: <br /> 1. The Board member or other governing person, officer, employee, or agent; <br /> 2. Any member of their family or personal relationship; <br /> 3. An organization in which any of the above is an officer, director, or employee; <br /> 4. A person or organization with whom any of the above individuals is negotiating or has <br /> any arrangement concerning prospective employment or contracts. <br /> d. Duty to Disclosure--Any conflict of interest, potential conflict of interest, or the appearance of a <br /> conflict of interest is to be reported to the Board or other governing body or one's supervisor <br /> immediately. <br /> 5 <br />