Title
Receipt of Conflict of Interest Disclosure Form, Director Affirmation, and Acknowledgment of the Code of Conduct for Directors - A Stover
..Other Info
Submitted By: Andrea Stover
Department: General Counsel
Discussion
Section 8.9 of the Election Policy and Procedures requires that immediately after the conclusion of the Annual Meeting of the Members, all elected Directors must execute and deliver (i) the conflict-of-interest disclosure form, (ii) the Director Affirmation as to their eligibility to be a Director, and (iii) the acknowledgment of the Directors' Code of Conduct.
The requirements are briefly outlined below, and copies of the forms required are attached.
• CONFLICT OF INTEREST POLICY
4. Procedure Responsibilities
4.4 Each Official must annually complete and sign the Conflict-of-Interest Certification and Disclosure Form attached as Appendix A to this Policy, and deliver the completed and signed Form to the Board President or the CEO immediately.
• BYLAWS - DIRECTOR Qualifications
In the Director Affirmation, directors each affirm that they meet the “Director Qualifications” included in the PEC Bylaws Article III - Directors, Section 2. Qualifications and Terms - Qualifications.
• DIRECTORS’ CODE OF CONDUCT
VIII. Policy Implementation and Responsibility
1) All Directors and candidates, nominees, or appointees to the Board shall receive a copy of this Code and attest to having received and understanding it by executing the attached Code of Conduct Affirmation and returning it to the Recording Secretary of the Board.