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On motion, the Board adopted the following motions permitting it to meet in Executive Session according to the exemptions specified in the Virginia Freedom of Information Act:

That the Finance Committee of the Board of Visitors of the University of Virginia go into Executive Session for the purpose of discussing a proposed acquisition and proposed disposition of two parcels of real estate, which if made public initially would adversely affect the University's bargaining position and financial interests, as provided for in Section 2.1-344 (A)(3) of the Code of Virginia.

That the Finance Committee of the Board of Visitors of the University of Virginia go into Executive Session for the discussion and consideration of the status and terms of a proposed gift of property to the University, as provided for in Section 2.1-344 (A)(8) of the Code of Virginia.

That the Finance Committee of the Board of Visitors of the University of Virginia go into Executive Session to discuss and consider hedging a part of the Endowment where competition and bargaining is involved, and where, if made public initially, the financial interest of the University would be adversely affected, as provided for in Section 2.1-344 (A)(6) of the Code of Virginia.

That the Finance Committee of the Board of Visitors of the University of Virginia go into Executive Session to analyze and discuss proprietary business-related information pertaining to the operations of the Medical Center regarding acquisition of a clinic operation, as well as the restructuring of an existing joint venture, and Medicaid reimbursement rates impacting Medical Center contracting and cost reduction strategies, where disclosure thereof would adversely affect the competitive position of the Medical Center, as provided for in Section 2.1-344 (A)(23) of the Code of Virginia.

That the Audit Committee of the Board of Visitors of the University of Virginia go into Executive Session for the purpose of discussing the University Auditor's performance evaluations of University departments and programs, which will necessarily involve discussion of the performance of specific employees, as provided for in Section 2.1-344 (A) (1) of the Code of Virginia.

That the Board of Visitors of the University of Virginia go into Executive Session to consult with General Counsel on the present disposition of pending litigation and further litigation strategy, as provided for in Section 2.1-344 (A) (7) of the Code of Virginia.

That the Educational Policy Committee of the Board of Visitors go into Executive Session for the purpose of discussing personnel matters pertaining to the appointment, assignment, reappointment, promotion, performance, compensation, discipline, separation and resignation of specific faculty members of the University of Virginia, as provided for in Section 2.1-344 (A) (1) of the Code of Virginia.

That the Executive Committee of the Board of Visitors go into Executive Session for the purpose of considering the appointment of a student member to the Board of Visitors in accordance with Section 2.1-344 (A) (1) of the Code of Virginia.

That the Board of Visitors of the University of Virginia go into Executive Session to review the performance and present and future assignments of senior University administrators and related fund-raising expectations to finance University operations, as provided for in Section 2.1-344 (A)(1) and (8) of the Code of Virginia.

The Board went into Executive Session at 2:35 p.m. and continued to 4:00 p.m., when it recessed the Executive Session until Saturday morning, February 26th.