What is a potential conflict of interest?
A potential conflict of interest, as defined by University Rule 15.01.03.M1, exists when an Investigator’s financial interests in business enterprises or entities meet the following conditions: 1. An equity interest that when aggregated for the Investigator and the Investigator’s spouse and dependent children, meets both of the following tests: exceeds $10,000 in value as determined through reference to public prices or other reasonable measures of fair market value, and represents more than a five percent ownership interest in any single entity; or 2. Salary, royalties or other payments that, when aggregated for the Investigator and the Investigator’s spouse and dependent children over the next 12 months, are expected to exceed $10,000. Conflict of interest does not include: 1. Salary, royalties or other remuneration from the A&M System; 2. Income from seminars, lectures, or teaching engagements sponsored by public or nonprofit entities; 3. Income from service on advisory committees o