Maine Appalachian Trail Land Trust

“Copies Provided to Board Members to Review and Accept”

“When a transaction, contract or project of MATLT involves an actual, potential or perceived conflict of interest with a covered person, the Board shall act as follows: 1. Approve such transaction, contract or project only after making findings that: a. The transaction, contract or project is fair and benefits MATLT and its objectives; b. The transaction, contract or project is approved with the Board's full knowledge of its financial or other benefit to the covered person who has the conflict of interest; c. When the covered person is a director, the director did not participate in the vote approving the transaction, contract or project and was, in fact, absent both during the discussion of the transaction, contract or project and when the Board voted on it; and d. A more advantageous arrangement could not have been obtained with reasonable effort. 2. When warranted by the nature and magnitude of the conflict of interest, request that a conflicted member of the Board of Directors, advisory board or other committee resign. 3. In the case of an irresolvable conflict of interest involving a staff member, the Board may decide to place the staff member on administrative leave or terminate the staff member's employment, in accordance with MATLT's personnel policies. 4. Action taken by the Board to manage a conflict of interest shall be recorded in the Board minutes or memorialized in a Board resolution.”

“Compensation is tracked through data from organizations like the Maine Association of Nonprofits and the Maine Land Trust Network, both of which MATLT is a member. They compile data from annual surveys of membership.”

“Upon Request”