As a publically owned company, employees, officers and directors have a fiduciary responsibility to the shareholders of the organization to expend company funds wisely and in the best interest of the organization. Employees, officers and directors of the organization will refrain from excessive or lavish expenditures on entertainment or events, office or facility renovations, aviation or other transportation services or other activities that are not reasonable expenditures for conferences, staff development, or other similar activities conducted in the normal course of business. By definition, excessive and indulgent spending is considered exceeding what is proper or necessary, thereby indulgent. Prior to making any expenditure that may be considered excessive or indulgent, employees, officers and directors should consult with the CEO prior to incurring the expense for approval. The CEO will consult with the Board of Directors as may be necessary to obtain concurrence on questionable expenditures.