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CONFLICT OF INTEREST EXEMPTION (SPORT TECH, INC.)
 
 
 
 
 
 
 
 
 
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6100

CONFLICT OF INTEREST EXEMPTION (SPORT TECH, INC.)

WHEREAS, The University of Virginia wishes to enter into contracts with Sport Tech, Inc., to provide specialized research apparatus; and

WHEREAS, Mr. Stuart S. Berr, a member of the faculty of the School of Medicine, and Mr. Arie M. Rijke, a member of the research faculty of the School of Engineering, have equity interests in Sport Tech, Inc., which exceed three percent; and

WHEREAS, the University of Virginia's research agreement with Sport Tech, Inc., would thereby expose Mr. Berr and Mr. Rijketo violation of the Virginia Conflict of Interests Act unless approved by the Board as permitted by Section 2.1-639.6(c) (7) of the Code of Virginia;

RESOLVED that the conflict of interest of Mr. Stuart S. Berr and Mr. Arie M. Rijke is approved by the Board of Visitors in order to permit the University to enter into an agreement with Sport Tech, Inc., to provide specialized apparatus; provided, as required by the law, Mr. Berr and Mr. Rijke file the required annual disclosure statement of personal interests in Sport Tech, Inc., and the University files the required annual report concerning the contracts with the Secretary of the Commonwealth.