Mentors

§  Each team will be assigned a mentor, who is an investment professional in good professional.

§  Student contact will be limited to a maximum of 3 face-to-face meetings with their mentors, not to exceed 6 hours total, prior to submitting the written report. The above-referenced phone call(s) to conduct primary research, and any additional contact (i.e. e-mail, telephone), are included in these 6 hours. Teams may spend an additional 2 hours with their mentors for each local, regional or global final in which the team participates.

§  Mentors will be allowed to review students’ written work and provide comments only. Mentors will not be allowed to perform any research or write any portion of the report.

§  Mentors may not contact the subject company, or any of its affiliates, distributors, suppliers or competitors within the context of the Challenge, with the exception of supervising the student contacts.

§  Mentors may not participate in the team presentation. However, they are allowed to be present in a supervisory role and to ensure that no material non-public information is discussed. Mentors may not ask any questions to or provide any opinions of the company. Attendance at the company presentation in this capacity will not count toward the 6 hour maximum.

§  Reports are for educational purposes only, and the information contained in them may not be used by mentors to make recommendations to clients or to the public at large.

§  Mentors must disclose any ownership position in the securities of the subject company.