Project Ceti Inc

“Form 990 is provided to the full board for review and approval before filling with the irs. The form 990 is first reviewed by the chief executive officer, before being approved by the full board of directors over email, and in meeting, if necessary, prior to being filed with the irs. The process detailed here is the process that ceti intends to follow once the board is expanded. There are currently only 2 board members, excluding the ceo, so the 990 will be reviewed by the current board members and the ceo.”

“1. 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 of the corporation and members of committees with powers delegated by the board of directors that are considering the proposed transaction or arrangement. 2. Determining whether a conflict of interest exists: after disclosure of the financial interest and all material facts as provided, and after any discussion between such interested person and the members of the board of directors or the committee, he or she shall leave the board of directors 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. 3. Procedures for addressing the conflict of interest: a. An interested person may make a presentation at the board of directors 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. B. A majority of the disinterested members of the board of directors or committee members shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. C. After exercising due diligence, the board of directors 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. D. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the board of directors 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. 4. Violations of the conflict of interest policy a. If the board of directors or committee has reasonable cause to believe that an interested person has failed to disclose actual or possible conflicts of interest, it shall inform the interested person of the basis for such belief and afford the interested person an opportunity to explain the alleged failure to disclose. B. If, after hearing the interested person's response and after making further investigation as warranted by the circumstances, the board of directors or committee determines the interested person has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action. Records of proceedings. 5. The minutes of the board of directors and all committees with powers delegated by the board of directors shall contain: a. The names of the persons who disclosed or otherwise were found to have a financial interest in connection with an actual or possible conflict of interest, the nature of the financial interest, any action taken to determine whether a conflict of interest was present, and the board of director's or committee's decision as to whether a conflict of interest in fact existed. B. The names of the persons who were present for discussions and votes relating to the transaction or arrangement, the content of the discussion, including any alternatives to the proposed transaction or arrangement, and a record of any votes taken in connection with the proceedings. 6. Annual statements: each member, director, principal officer and member of a committee with powers delegated by the board of directors, shall annually sign a statement such as the attachment, which affirms such person: a. Has received a copy of the conflict of interest policy, b. Has read and unders”

“The ceo's compensation is determined by the other two board members, the ceo has no input in this decision.”

“No other documents available to the public”