Motor and Equipment Manufacturers

“Marc blackman, jon husby, peter butterfield, kurk wilks, bill long and mike blawas had a business relationship with each other.”

“Mema members consist of companies of good repute and sound financial condition with at least one facility in north america, actually engaged in the manufacture, production, remanufacturing or formulation of products or services integral to the manufacture of products for the automotive, heavy-duty, off-highway, aircraft, marine, or related industries.”

“Of the fifteen maximum board members of mema, up to four of these positions are elected by the 2 group boards (two positions each elected by am and oe).”

“Committee meetings are not formally documented at the time the meetings are held. Committee meetings are discussed at board meetings and this discussion is documented in the board minutes.”

“The form is reviewed in detail by the senior director of accounting, cfo and president prior to filing. Any questions are addressed and resolved prior to filing.”

“The conflict of interest policy is reviewed and signed annually by any staff member with the title manager or above. Any volunteer with decision making authority, board member and officer is to review and sign annually. They are to sign a statement which affirms such person 1) has received a copy of the conflicts of interest policy; 2) has read and understands the policy; 3) has agreed to comply with the policy; 4) understands that mema is a nonprofit corporation and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. Following full disclosure of a possible conflict of interest, or any condition listed above, the board of directors shall determine whether a conflict of interest exists and, if so, the board shall vote to authorize or reject the transaction or take any other action deemed necessary to address the conflict and protect mema's best interests.”

“The compensation committee with oversight from the mema executive committee is responsible for 1) evaluating the performance of the president and awarding an appropriate compensation package; 2) approving any employment, retention and severance agreement with the president; 3) with the approval of the board of directors, obtaining benchmark compensation data from an outside consultant; and 4) overseeing the president's evaluation and compensation decisions with respect to the association's divisional presidents. Salary.com is used to compare compensation to industry averages.”

“The organization does not make its governing documents, conflict of interest policy or financial statements available to the public.”