Conflict of Interest Declaration

1. I am in full compliance with the "Conflict of Interest" policy. (See Below, Under Electronic Signature Section as to Conflict of Interest Statement of Policy) and have been in compliance at all times during the past twelve months except as disclosed below. 2. Except as disclosed below. I have had no financial interest, family or business relationship, which competes with or conflicts with the interests of Walla Walla University, including: a. Neither I nor my family have had financial interest in; been an employee, officer, director, or trustee of; or received financial benefits either directly or indirectly from any enterprise (excluding less than five percent (5%) ownership in any entity with publicly traded securities), which is or has been doing business with (or a competitor of) Walla Walla University. b. Neither I nor my family have received substantial payments or gifts (other than token value) from suppliers or agencies doing business with Walla Walla University or its competitors or from other denominational (SDA) entities. c. Neither I nor my family have participated in any decision-making process involving financial or legal interests that are in competition with or adverse to Walla Walla University (including serving as an officer, director, trustee, or agent of any organization affiliated with Walla Walla University that has financial or legal interests that are in competition with or adverse to Walla Walla University. d. I have no business or family relationship with officers of Walla Walla University (or its Board Members) except as disclosed below.
Disclosures:(Please provide names and explanation of relationships)

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* THIS DECLARATION applies, to the best of my knowledge, to all members of my immediate family (spouse, children, parents) and its provisions shall protect any organization affiliated with or subsidiary to Walla Walla University. In the event facts change in the future that may create a potential conflict of interest, I agree to notify Walla Walla University in writing. Please type your name, this acknowledges you have read the declaration.     Sat Nov 22, 2014 12:44 am
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Electronic Signature
* By typing in your name and clicking on the "Submit" button below, you acknowledge your electronic signature and agree that all information you are providing to Walla Walla University on this document is true, complete and correct to the best of your knowledge.     Sat Nov 22, 2014 12:44 am
Statement of Policy--1. Individuals Included--All trustees, officers, and employees of denominational organizations have a duty to be free from the influence of any conflicting interest when they represent the organization in negotiations or make representations with respect to dealings with third parties, and they are expected to deal with all persons doing business with the organization on a basis that is for the best interest of the organization without favor or preference to third parties or personal considerations.
2. Definition of Conflict--a. A conflict of interest arises when a trustee, an officer, or an employee of the organization has such a substantial personal interest in a transaction or in a party to a transaction that it reasonably might affect the judgment he exercises on behalf of the organization. He/she is to consider only the interests of the organization, always avoid sharp practices, and faithfully follow the established policies of the organization.
b. Because of the common objectives embraced by the various organizational units and institutions of the Seventh-day Adventist Church, membership held concurrently on more than one denominational committee or board, does not of itself constitute a conflict of interest provided that all the other requirements of the policy are met.
3. Conditions Constituting Conflict--Although it is not feasible in a policy statement to describe all the circumstances and conditions that might have the potentiality of being considered as conflicts of interest, the following situations are considered to have the potentiality of being in conflict and therefore are to be avoided:
a. Engaging in outside business or employment that permits encroachment on the denominational organization’s call for the full services of its employees even though there may not be any other conflict.
b. Engaging in business with or employment by an employer that is any way competitive or in conflict with any transaction, activity, or objective of the organization.
c. Engaging in any business with or employment by a nondenominational employer who is a supplier of goods or services to the denominational organization.
d. Making use of the fact of employment by the denominational organization to further outside business or employment, or associating the denominational organization or its prestige with an outside business or employment.
e. Owning or leasing any property with knowledge that the denominational organization has an active or potential interest therein.
f. Lending money to or borrowing money from any third person whom is a supplier of goods or services or a trustor or who is in any fiduciary relationship to the denominational organization or is otherwise regularly involved in business transactions with the denominational organization.
g. Accepting any gratuity, favor, benefit, or gift of greater than nominal value beyond the common courtesies usually associated with accepted business practice, or of any commission or payment of any sort in connection with work for the denominational organization other than the compensation agreed upon between the denominational organization and the employee.
h. Making use of or disseminating, including by electronic means, any confidential information acquired through employment by the denominational organization for personal profit or advantage, directly or indirectly.
4. Statement of Acceptance--The chief administrative officer of the organization concerned shall present a statement of acceptance of the policy on conflict of interest to denominational administrators and department directors and to each member of the boards of trustees, and all employees of denominational associations and institutional corporations having responsibility in connection with the handling of trustee funds, and such statements shall be signed and made available to the responsible auditors. The boards of trustees of such organizations shall be apprised annually by denominational auditors of inherent exposures to denominational assets.
5. Statement of Acceptance- North American Division Office - The chief administrative officer of the North American Division shall present a statement of acceptance of the policy on conflict of interest to the division administrators, directors/associate directors of departments/services, and members of the Division Executive Committee who are exempt employees of the North American Division at or above the 104% remuneration level. Such statements shall be signed and made available to the responsible auditors. The North American Division Committee shall be apprised annually by denominational assets.
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