New Century Careers

“The affairs of the corporation are managed by a board of directors.”

“The number of directors which constitutes the full board of directors is fixed by the board of directors from time to time. Directors are elected by the current serving directors. Each director serves for a term of five (5) years, and each director may serve two consecutive five (5) year terms. A former director who has not been a director for at least one (1) year may again serve as a director for one (1) additional five (5) year term. The directors are separated into five groups of substantially equal number so that the terms of one-fifth of the directors expire each year. Directors are elected at each annual board meeting.”

“Each board member is provided with a copy of the 990 for review.”

“Employees have an obligation to conduct business within guidelines that prohibit actual or potential conflicts of interest. This policy establishes only the framework within which ncc wishes the business to operate. The purpose of these guidelines is to provide general direction so that employees can seek further clarification on issues related to the subject of acceptable standards of operation. Contact the administrative manager for more information or questions about conflicts of interest. An actual or potential conflict of interest occurs when an employee is in a position to influence a decision that may result in a personal gain for that employee or for a relative as a result of ncc's business dealings. For the purposes of this policy, a relative is any person who is related by blood or marriage, or whose relationship with the employee is similar to that of persons who are related by blood or marriage. No "presumption of guilt" is created by the mere existence of a relationship with outside firms. However, if employees have any influence on transactions involving purchases, contracts, or leases, it is imperative that they disclose to an officer of ncc as soon as possible the existence of any actual or potential conflict of interest so that safeguards can be established to protect all parties. Personal gain may result not only in cases where an employee or relative has a significant ownership in a firm with which ncc does business, but also when an employee or relative receives any kickback, bribe, substantial gift, or special consideration as a result of any transaction or business dealings involving ncc.”

“Copies can be provided at office for inspection”

“The oversight process has not changed from the prior year.”