ARTICLE 11 CONFLICT OF INTEREST POLICY

11.01 Purpose. The purpose of the conflict of interest policy is to protect the Church’s interest when it is contemplating entering into a transaction or arrangement that might benefit the private interestof a CLTMember orofficerofthe Church,or mightresult in apossible excess benefit transaction. This policy is intended to supplement, but not replace, any applicable state and federal laws governing conflicts of interest applicable to nonprofit and charitable organizations.

11.02 Definitions.

(a) InterestedPerson. Anydirector,principalofficer,or memberofacommittee with powers delegated by the Core Leadership Team, who has a direct or indirect financial interest, as defined below, is an interested person.

(b) FinancialInterest. Apersonhasafinancialinterest ifthepersonhas,directly or indirectly, through business, investment, or family:

1) An ownership or investment interest in any entity with which the Church has a transaction or arrangement;

2) A compensation arrangement with the Church or with any entity or individual with which the Church has a transaction or arrangement; or

3) A potential ownership or investment interest in, or compensation arrangement with, any entity or individual with which the Church is negotiating a transaction or arrangement.

Compensation includes direct or indirect remuneration, as well as gifts or favors that are not insubstantial. A financial interest is not necessarily a conflict of interest.

11.03 Procedures.

(a) Duty to Disclose. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given opportunity to disclose all material facts to the Core Leadership Team.

(b) Determining Whether a Conflict of Interest Exists. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he or she shall leave the Board meeting while the determination of a conflict of interest is discussed and voted upon. The remaining Board members shall decide if a conflict of interest exists.

(c) Procedures for Addressing the Conflict of Interest.

1) An interested person may make a presentation at the Board meeting, but after the presentation, he or she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest.

2) The chairman of the Core Leadership Team may, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement.

3) After exercising due diligence, the Core Leadership Team shall determine whether the Church can obtain, with reasonable efforts, a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest.

4) If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the Core Leadership Team shall determine by a majority vote of the disinterested CLT Member whether the transaction or arrangement isintheChurch’sbest interests,for itsownbenefit,andwhether itisfair andreasonable. In conformity with the above determination, it shall make its decision whether to enter into the transaction or arrangement.

(d) Violations of the Conflicts of Interest Policy.

1) If the Core Leadership Team has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose.

2) If, after hearing the member’s response and after making further investigation as warranted by the circumstances, the Core Leadership Team determines the member has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action.

11.04 Records of Proceedings. The minutes of the Core Leadership Team shall contain:

(a) The names of the persons who disclosed or otherwise were found to have a financialinterestinconnectionwithanactualorpossibleconflictofinterest,thenatureofthefinancial interest, any action taken to determine whether a conflict of interest was present, and the Board of Director’s decision as to whether a conflict of interest in fact existed.

(b) The names of the persons who were present for discussions and votes relating to the transaction or arrangement, the content of the discussion, including any alternatives to the proposed transaction or arrangement, and a record of any votes taken in connection with the proceedings.

11.05 Compensation.

(a) A voting member of the Core Leadership Team who receives compensation, directly or indirectly, from the Church for services is precluded from voting on matters pertaining to that member’s compensation.

(b) Avoting memberofanycommitteewhosejurisdictionincludescompensation matters and who receives compensation, directly or indirectly, from the Church for services is precluded from voting on matters pertaining to that member’s compensation.

(c) No voting member of the Core Leadership Team or any committee whose jurisdiction includes compensation matters and who receives compensation, directly or indirectly, from the Church, either individually or collectively, is prohibited from providing information to any committee regarding compensation.

Article 12 Books And Records

12.01 Required Books and Records. The Church shall keep correct and complete books and records of account.

12.02 Fiscal Year. The fiscal year of the Church shall begin on the first day of January and end on the last day in December in each year.

12.03 Audited Financial Statements. The Church shall have each financial statement of the Church reviewed annually and audited at least every five years by a certified public accounting firm selected by the Finance Team.

Article 13 Indemnification

13.01 Indemnification. To the full extent permitted by the Act, as amended from time to time, the Church shall indemnify any Elder, Pastor, officer, committee member, employee, or agent of the Church who was, is, or may be named a defendant or respondent in any proceeding as a result of his or her actions or omissions within the scope of his or her official capacity in the Church. Reasonable expenses may be advanced by the Church in defending such actions.

13.02 Determination of Right. A determination of the right to indemnification under the Act shall be made by legal counsel selected by the majority vote of the Core Leadership Team.