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Conflict of Interest Policy and Agreement Table of Contents Article 1: Purpose pg. 2 Article 2: Definitions pg. 3 Article 3: Procedures pg. 3 Article 4: Records of Proceedings pg. 5 Article 5: Compensation
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A conflict of interest policy is a set of guidelines designed to ensure that individuals in positions of authority act in the best interest of an organization, rather than their own personal interests.
Organizations, especially non-profit organizations and companies, are required to have a conflict of interest policy in place.
To fill out a conflict of interest policy, individuals must disclose any financial interests or relationships that could potentially interfere with their decision-making abilities.
The purpose of a conflict of interest policy is to promote transparency, integrity, and accountability within an organization by identifying and addressing potential conflicts that may arise.
Individuals must report any financial interests, relationships, or activities that may present a conflict of interest when making decisions on behalf of the organization.
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