Global Ou Inc

“Per global ou's bylaws, the university of oklahoma is the sole member of the organization. As such it has the power to manage and direct the business and affairs of the organization. The member is eligible and authorized to vote, to furnish any necessary consent or approval, or to take other action on any issue that may be properly presented. In addition, the member must approve the following: (1) any amendments to, restatement of, or repeal of the certificate of incorporation, (2) the election or appointment of the board, (3) the merger or consolidation of global ou, inc. With or any other entity, enterprise, agency, or body; the sale of all or substantially all of the assets of the organization; or the acquisition of the organization by any other entity or enterprise, (4) the dissolution, liquidation, or termination of the business of the corporation, (5) a change in the purposes of the corporation, and (6) any decision to file a voluntary petition under any law having for its purpose the adjudication of the organization as bankrupt or insolvent or the taking of any action with respect to the organization or liquidation of the organization.”

“See disclosure for form 990, part vi, section a, line 6.”

“See disclosure for form 990, part vi, section a, line 6.”

“Global ou, inc. Does not have any committee with authority to act on behalf of the governing body. As such, no committee meeting minutes or other documentation have been required.”

“The organization engages a paid preparer experienced in the preparation of form 990 to prepare the form. The paid preparer emails a copy of the draft return for the president and vice president to review. The final draft form 990 will be sent to all board members for review prior to signing. The final form 990 is signed by the president.”

“Global ou has a conflict of interest policy which it requires all interested persons, including officers and directors, to disclose annually interest that could give rise to conflicts. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. An interested person may make a presentation at the board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. The chairperson of the board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. After exercising due diligence, the board or committee shall determine whether the corporation can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the corporation'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 board or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. If, after hearing the member's response and after making further investigation as warranted by the circumstances, the board or committee determines the member has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action.”

“The president of global ou, inc. Is an employee of the university of oklahoma. Global ou, inc. Relies upon the university of oklahoma to establish comparable compensation for its top management officials. Mr. Wright's compensation is reviewed and approved by the university of oklahoma's board of regents.”

“The organization makes its governing documents and financial statements available to the public upon request.”

“Name & address of officer & director who cannot be reached at the organization's mailing address. Guy patton 100 timberdell road norman, ok 73019-0685 amy noah 100 timberdell road norman, ok 73019-0685”