Intellectual Property Owners Education Foundation

“Whenever a vacancy shall occur in the board of directors, the board of directors of intellectual property owners association may, by majority vote of those present and voting, elect a person to fill the unexpired portion of the term. The board of directors of intellectual property owners association may also, by majority vote of those present and voting, elect additional persons to the board up to the limit on number of board members established.”

“The finance manager reviews the return with the director of operations and finance. The director of operations and finance then reviews it with the foundation secretary prior to the signing of the document in full detail. A copy of the tax return is provided to the governing body before filing with irs.”

“An interested person shall be obligated to disclose the existence of any actual or possible financial interest involving a transaction (and all material facts relating thereto) to a member of the executive committee or the board of directors in the event that (i) such interested person is aware of any actual or possible financial interest involving a transaction, and (ii) such interested person causes or influences (or intends to cause or influence) the expenditure or utilization of ipo resources with respect to such transaction. After disclosure of the existence of the financial interest and all material facts related thereto, and after any discussion with the interested person, the executive committee or the board directors, as the case may be, shall discuss such transaction or arrangement and such financial interest outside the presence of the interested person. The interested person shall be required to abstain from any required vote taken with respect to such proposed transaction. An interested person may make a presentation at any meeting of the executive committee or the board of directors, as applicable, but after such presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction involving the possible financial conflict of interest.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“Spirit of innovation award”

“Pto day was not held in 2013, but was moved to early 2014.”