Maillol Museum Foundation Co Ralph Lerner

“Olivier lorquin, bertrand lorquin and dina vierny share a family relationship.”

“The following is the list of members who are directors, officers, trustee and officials in charge of overall management : olivier lorquin -president ralph e. Lerner, esq.- secretary seema boesky-director jeffrey loria- director”

“The following is the list of members who are directors, officers, trustee and officials in charge of overall management : olivier lorquin- president ralph e. Lerner, esq.- secretary bertrand lorquin- director seema boesky-director jeffrey loria- director”

“The following is the list of members who are directors, officers, trustee and officials in charge of overall management : olivier lorquin- president ralph e. Lerner, esq.- secretary bertrand lorquin- director seema boesky-director jeffrey loria- director”

“Explanation: tax form 990 is reviewed by the secretary of the foundation and other officers at their discretion.”

“The maillol museum foundation's code of conduct and ethics has several established practices designed to monitor proposed or ongoing transactions for conflict of interest and dealing with potential and actual conflict which have been outlined below. 1. All foundation personnel (directors, principal officers and members of a committee with governing board delegated powers) must furnish the chairman of the board with a list of organizations with which they are associated as director, trustee, officer, employee, consultant, volunteer, or shareowner with more than a 2% interest and list any pecuniary benefit derived by the individual or the individual's family members from the association. This list is updated annually. In order to monitor and ensure that such duty to disclose is respected, each director, principal officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms that such person: a. Has received a copy of the conflicts of interest policy, b. Has read and understands the policy, c. Has agreed to comply with the policy, and d. Understands the foundation is charitable and thus to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. In addition, to ensure that the foundation operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews, with possible use of outside advisors and experts, are conducted. 2. All determinations regarding the existence of a conflict of interest are made at the board level whereby following an interested person's disclosure of the financial interest and all material facts he or she may have (the interested person may make a presentation to the governing board or committee meeting), and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. The remaining board or committee members shall decide if a conflict of interest exists. 3. Should an individual indeed present a conflict as to a particular transaction, and if a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the foundation 's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement. If the governing board or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, and after the member has had an opportunity to explain the alleged failure to disclose and the board has proceeded to further investigation as warranted by the circumstances, the governing board or committee will determine whether the member has failed to disclose an actual or possible conflict of interest, and take appropriate disciplinary and corrective action.”

“The maillol museum foundation's code of conduct and ethics has several established practices designed to monitor proposed or ongoing transactions for conflict of interest and dealing with potential and actual conflict which have been outlined below. 1. All foundation personnel (directors, principal officers and members of a committee with governing board delegated powers) must furnish the chairman of the board with a list of organizations with which they are associated as director, trustee, officer, employee, consultant, volunteer, or shareowner with more than a 2% interest and list any pecuniary benefit derived by the individual or the individual's family members from the association. This list is updated annually. In order to monitor and ensure that such duty to disclose is respected, each director, principal officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms that such person: a. Has received a copy of the conflicts of interest policy, b. Has read and understands the policy, c. Has agreed to comply with the policy, and d. Understands the foundation is charitable and thus to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. In addition, to ensure that the foundation operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews, with possible use of outside advisors and experts, are conducted. 2. All determinations regarding the existence of a conflict of interest are made at the board level whereby following an interested person's disclosure of the financial interest and all material facts he or she may have (the interested person may make a presentation to the governing board or committee meeting), and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. The remaining board or committee members shall decide if a conflict of interest exists. 3. Should an individual indeed present a conflict as to a particular transaction, and if a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the foundation 's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement. If the governing board or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, and after the member has had an opportunity to explain the alleged failure to disclose and the board has proceeded to further investigation as warranted by the circumstances, the governing board or committee will determine whether the member has failed to disclose an actual or possible conflict of interest, and take appropriate disciplinary and corrective action.”

“Tax form 990 is reveiwed by the secretary of the foundation and other officers at their discretion.”