University of Virginia Library

CONFLICT OF INTEREST EXEMPTION (AVIR, LLC)

WHEREAS, the School of Engineering and Applied Science wishes to enter into a sponsored research contract with Avir, LLC, to develop a prototype of a remote chemical sensor for chemical agents; and

WHEREAS, Gabriel Laufer has disclosed in advance that his equity interests in Avir, LLC, exceed 3 percent; and

WHEREAS, the School of Engineering and Applied Science's entry into a research agreement with Avir, LLC, would thereby expose Mr. Laufer to violation of the Virginia Conflict of Interests Act unless approved by the Board as permitted by §2.1-639.6(c) (7) of the Code of Virginia;

RESOLVED that the conflict of interest of Gabriel Laufer is approved by the Board of Visitors in order to permit the University to enter into an agreement with Avir, LLC, for research funding to investigate remote chemical sensing; provided, as required by the law, Mr. Laufer files the required annual disclosure statement of personal interests in Avir, LLC, the University files the required annual report concerning the contracts with the Secretary of the Commonwealth, and the relevant department chair vigilantly oversees application of University resources in the best interests of the University and in accordance with policy.