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Significant Financial Interest

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Significant Financial Interest

For purposes of this question, You (i.e., you personally, and/or your family) have a “Significant Financial Interest” in a company, consulting service, or other enterprise when

  • For a publicly-traded company, the value of Your interest plus the income received in the past 12 months exceeds $5000
  • For a non-publicly traded company, You own any share in it, or the income received in the past 12 months has exceeded $5000
  • For a right or interest in intellectual property, You have received any income from it

Significant Financial Interests do NOT include:

  • Salary or other remuneration from the University (including IP rights or royalties); and
  • Investment vehicles such as mutual funds and retirement accounts where You do not directly control the investment decisions