Article V: Periodic Reviews

To ensure Loconomics operates in a manner consistent with its mission, periodic reviews shall be conducted. The periodic reviews shall, at a minimum, include the following subjects:

  1. Whether compensation arrangements and benefits are reasonable, based on standards and measures adopted by Loconomics, and the result of arm's length bargaining.
  2. Whether partnerships, joint ventures, and arrangements with management organizations conform to Loconomics’ written policies, are properly recorded, reflect reasonable investment or payments for goods and services, and further Loconomics’ mission.

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