Conflict of Interest

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Policy Statement: It is the policy of the College to prohibit its employees from engaging in any activity, practice or act which conflicts with, or appears to conflict with, the interests of the College.

Procedures:

1) The president, vice presidents, directors, or other similar officers of the College may not own or control directly or indirectly a substantial interest in any other entity participating in a transaction with the College. They may not compete with the College or use business opportunities, confidential information, or trade secrets for their personal gain or advantage or the personal gain or advantage of another.

2) The College name, mark, seal, emblem or any other trademarks, or service marks of the College may not be used in outside activities without the written approval of the Vice President for Business & Finance and the Secretary of the College.

3) Employees must notify their supervisor of all facts and circumstances related to any transaction, activity, contract, or other dealings in which they are involved, or may become involved, that might directly or indirectly create a conflict of interest.

4) When a supervisor is notified by an employee of a conflict of interest, or potential conflict of interest, they must report the matter to the appropriate dean or vice president who has the authority to act in the interest of the College, subject to the approval of the College president and Board of Trustees.

5) Exempt, administrative staff must obtain prior written supervisory approval to accept secondary employment outside the College.

6) Exempt staff with a potential conflict of interest must complete the "Conflict of Interest Form" available in the Office of Human Resources.

Approved by the Executive Council May 31, 2002.