Purpose The Board of Directors shall monitor the transactions between NeighborImpact and insiders to ensure that any transaction between the corporation and an insider that is a conflict of interest is fair to the corporation and does not grant excessive benefit to the insider. The purposes of this policy are to ensure that directors and officers act loyally to NeighborImpact and that directors, officers and those who exercise substantial influence over the corporation do not use their influence to obtain benefits in excess of fair market value in transactions with the corporation. This policy seeks to ensure that the corporation observes state and federal taxation and funding laws concerning conflicts and excess benefits transactions.