Allegheny Land Trust

“The executive committee will be a standing committee of the board and shall have and exercise all of the powers and authority of the board in the ongoing oversight of the business and affairs of the corporation, the membership of which shall include the officers of the board. The executive committee shall keep regular minutes of its proceedings, taken by the secretary of the board, which shall be included in the next regularly scheduled board meeting. The executive committee shall be composed of the four officers of the board, the non-voting president and ceo and the chairpersons of the finance committee and the governance committee.”

“The form 990 is typically presented to the finance committee for review and discussion. All questions will be discussed and resolved. After the finance committee review is complete and the form 990 has been approved, a copy will be provided to the entire board before it is filed as needed.”

“It is the policy of allegheny land trust ("alt") that all alt directors, officers, employees, interns and other persons serving on alt committees ("alt covered persons") shall disclose real or perceived conflicts of interest involving alt and an interested person and that such conflicts shall be addressed by alt in a manner that will fully protect the integrity and reputation of alt as well as alt covered persons and interested persons. Alt covered persons must read and sign the conflict of interest policy on an annual basis as the beginning of each fiscal year. A completed conflict of interest disclosure statement must be submitted to the president & ceo of alt at the beginning of each fiscal year. In the event of a potential conflict of interest involving a director, officer, the president & ceo, or other person serving on an alt committee; it is the obligation of any such person to disclose the potential conflict before consideration of the matter to the chairperson of the board, who will refer the conflict to the governance committee of the board. (in the event the chairperson of the board is required to disclose a potential conflict of interest, they shall make the required disclosure to the vice chairperson who will refer the matter to the governance committee.) the governance committee shall promptly review, make recommendations and disclose actions taken at the next board meeting. In the event of a potential conflict of interest involving any employee (other than the president & ceo) or intern, it is the obligation of any such person to disclose the potential conflict, in writing, to the president & ceo who will review the matter, take appropriate actions and promptly report substantive conflict issues to the chairperson of the board. The chairperson shall determine if the matter should be referred to the governance committee for further review and report to the board. Alt covered person involved in any potential conflict of interest shall abide by any directive from the chair of the board, the chair of the governance committee or president & ceo relating to the avoidance of the potential conflict. When a transaction, contract, or project of alt involves an actual, potential, or perceived conflict of interest with an alt covered person or an interested person, the board shall approve such transaction, contract, or project only after making specific findings that it is fair and benefits alt and its objectives; it is approved with the board's full knowledge of its financial or other benefit to the covered person who has the conflict of interest; when the covered person is a director, the director did not participate in the vote approving it, and was in fact, absent (and not counted toward a quorum) both during the discussion and when the board voted on it; and a more advantageous arrangement could not have been obtained with reasonable effort, including the solicitation of multiple bids. When warranted by the nature and magnitude of the conflict of interest, the board will request that a conflicted alt covered person resign.”

“The governance committee of the board of directors is responsible for reviewing the performance and compensation of the president & ceo who is responsible for reviewing the performance and compensation of all other employees.”

“UPON REQUEST”