Executive Limitations

1. The CEO shall not cause or allow any practice, activity, decision, or organizational circumstances that is unlawful, imprudent, or in violation of commonly accepted business practices and professional ethics.

2. Budgeting for any fiscal year shall not risk fiscal jeopardy, nor fail to show a generally accepted level of foresight.

3. The CEO shall not change his/her own compensation without prior Executive approval.

4. The CEO shall not cash flow to be insufficient to settle payroll and debts in a timely manner.

5. The CEO shall not allow tax payments or other government ordered payments or filings to be overdue.

6. The CEO shall not allow assets to be unprotected, inadequately maintained or unnecessarily risked.

7. The CEO shall not;

a. Fail to designate appropriate administrative signing authority

b. Fail to have two signatures on cheque payments

c. Commit the Chamber to any agreement over $10,000 expenditure without Executive authority.

8. With respect to the treatment of paid and volunteer staff, the CEO may not cause or allow conditions that are inhumane, unfair, unsafe, undignified or in way violate human rights.

9. The CEO shall not endanger the organization’s public image.

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