Matrix Health Inc

“Exeter Health Resources, Inc., a 501(c)(3) corporation, is the sole member of the organization.”

“As sole member, Exeter Health Resources, Inc. elects the Board of Trustees.”

“The sole member has the right to change the corporate name; merge, consolidate or acquire another New Hampshire charitable corporation; amend the corporation's articles of agreement and bylaws; dissolve the corporation; remove the Trustees; and other powers permitted to it by law.”

“The Form 990 is prepared by an outside tax accountant with information provided by the organization. The Form 990 is reviewed by the organization's Treasurer and then presented to the Board of Trustees before it is filed with the IRS.”

“The Board of Trustees has adopted a Conflict of Interest Policy that requires the disclosure of conflicts of interest either when the interest becomes a matter of possible action by the Board or during an annual disclosure process. Trustees, officers, and key employees, as well as all members of senior management, are part of the annual disclosure process, which is initiated by the issuance of a memorandum and accompanying questionnaire by the President and Chief Executive Officer (CEO). All disclosures are reviewed. Any trustee with a conflict of interest is required to abstain from voting and is not included in a quorum determination on the matter and any officer, key employee, or member of senior management with a conflict does not take part in making and is not present for any decision regarding the matter. The policy is monitored and enforced by both the President and CEO and the full Board. A separate organizational policy requires all employees to disclose any conflict of interest in writing upon hire.”

“The organization's parent (Exeter Health Resources, Inc.) has a formal process for determining total compensation for the President and other listed officers that is intended to provide reasonable compensation for achieving the organization's mission, to recognize individual and team performance and to comply with the organization's obligations as a tax-exempt charitable organization. The Executive Committee of the Exeter Health Resources, Inc. Board of Trustees conducts an annual review of the compensation of the President and other listed officers. In doing so, the committee retains a qualified independent compensation consultant to conduct competitive market analysis of the market ranges of base, incentive, and total cash compensation, and to provide advice concerning the reasonableness of the compensation of the President and other listed officers. The Committee utilizes that analysis and other appropriate information in connection with its annual review and makes recommendations to the full Board of Exeter Health Resources, Inc. for adjustment of the President's compensation and the compensation for other listed officers. Information which the Committee may consider can include but is not limited to the performance of an individual and/or that individual's contributions to a team, the performance of the organization in whole and in part, the elements of total compensation and salary history, the organization's compensation targets and comparability data, including the data prepared by the independent consultant and reviewed with the Committee. The Committee incorporates a performance appraisal process in the President's, and the listed officers' compensation review. The President and other listed officers are not present when the Committee discusses their respective compensation. In addition, the Committee determines if the threshold requirements for incentive awards are met consisting of the organization's performance results for quality, operating system excellence and financial performance. The results of the Committee's deliberations are presented to the Exeter Health Resources, Inc. Board and include recommendations concerning salary range adjustments and incentive awards and the basis for the committee's decisions/recommendations. The deliberations of the Exeter Health Resources, Inc. Board are conducted in executive session with the independent members of the Board but do include the President only for that period of time in which the Exeter Health Resources, Inc. Board has questions concerning the performance of any listed officer other than the President. The Exeter Health Resources, Inc. Board reviews the President's performance and determines if the adjustments and awards recommended by the committee for the President are in the organization's best interest and for the benefit of the organization and the parent organization. For the Matrix Health, Inc. listed officer positions and Trustees; adjustments and incentive awards are approved upon recommendation of the President by the Executive Committee within the Exeter Health Resources, Inc. Board approved parameters and ratified by the Board of Trustees.”

“These documents are available upon request.”

“Kevin J. Callahan and Kevin J. O'Leary, who serve as officers of Matrix Health, Inc. are compensated by a related organization, Exeter Health Resources, Inc. Their compensation is based on their roles as CEO and CFO, respectively, of the consolidated Exeter Health Resources, Inc. system. Brian Campbell who serves as an officer of Matrix Health, Inc. is compensated by Exeter Hospital, Inc. (related organization) for his role as Vice President.”

“The Organization is part of the consolidated operations of Exeter Health Resources, Inc. The Exeter Health Resources, Inc. Executive Committee is responsible for the oversight of the audit and the selection of an independent accountant. The audit process has not changed since the prior year.”