Conflicts of Interest Policy It is recognized that occasions may arise when a member of the Board or an officer of the Corporation has a financial interest or has a familial relationship with a person who has a financial interest in a contract or transaction involving the Corporation or a committee thereof. In such cases it is the policy of the Corporation and of its Board that: (a) Any material facts as to such financial interest shall be disclosed by such interested Trustee or officer to the members of the Board or committee. (b) The Trustee or officer having such financial interest in any matter shall not vote or use any personal influence with regard to the matter (except that he or she may state a position on the matter and respond to questions about it); however, such interested Trustee or officer may be counted in determining the quorum for the meeting at which the matter is voted upon. The minutes of the meeting shall reflect that the disclosure was made and that such Trustee or officer abstained from voting. At the Board’s discretion, the interested Trustee(s) or officer(s) shall leave the room during discussion and voting on the matter(s) subject to the conflict of interest.