These excerpts taken from the MRH 10-K filed Feb 28, 2008.
Procedure for Reporting Corporate Opportunities and Conflicts
· When a corporate opportunity is offered to a Montpelier Associate or a conflict arises, such Montpelier Associate must immediately report the opportunity or conflict to the chairman of the Audit Committee for consideration by the Audit Committee.
· Any Montpelier Associate who is uncertain as to whether an opportunity offered is a corporate opportunity or a conflict should err on the side of disclosing the opportunity to the Audit Committee for its determination.
· When a corporate opportunity
· Any Montpelier Associate who