California Manufacturers and Technology

“Statutory membership with voting rights available to manufacturers, processors and technology based on industries who subscribe to the principles of the association and who carry on operations within the state, and research and development companies having facilities within the state, who likewise subscribe to all principles of the association and whose interests are compatible with california manufactueres. Any eligible party shall become a member on approval of the membership application bypresident or the executive committee and payment of dues under section 5 of this article. Non-voting honorary life and associate membership is available to organizations not qualifying for statutory membership.”

“Subject to the bylaws, the members shall have the right to vote, as set forth in these bylaws, on the election of directors. The annual election of directors shall be conducted by written ballot.”

“Changes to articles of incorporation and bylaws are subject to approval.”

“Form 990 provided to the executive committee of the board of directors prior to filing for review and approval.”

“All employees must avoid situations involving actual or potential conflicts of interest. Personal or romantic involvement with a competitor, supplier, or subordinate employee of cmta, can impair an employee's ability to exercise good judgment on behalf of the company and can create an actual or potential conflict of interest. Supervisor-subordinate romantic or personal relations can also lead to supervisory problems, possible claims of sexual harassment, and morale problems.an employee involved in any of the types of relationships or situations described in this policy should immediately and fully disclose the relevant circumstances to his or her immediate supervisor, or any other appropriate supervisor, for a determination about whether a potential or actualconflict exists. If an actual or potential conflict is determined, cmta may take whatever corrective action appears appropriate according to the circumstances. Failure to disclose facts shall constitute grounds for disciplinary action.”

“The process includes the use of comparability data and board deliberation and approval (without contemporaneous documentation - executive session only). Salary survey performed with independent input; annual participation in surveys of council of state manufacturers (cosma). Annually, the director and the president make bonus and raise recommendations to the board, which they discuss. Any increases or bonus approvals are in writing and delivered by the chairman of the board. Decisions for the top positions are dealt with individually.”

“Governing documents, conflict of interest policy, and financial statements are available to the public upon request. They are also available at the main office location during normal business hours.”

“Equity in Income of Subsidiary = $114141”