Qualifications for Outside Directors/Proxy Holders/Trustees

Individuals nominated by companies' entering into or operating under a Security Control Agreement (when required), Special Security Agreement, Proxy Agreement or Voting Trust Agreement will be provided the following letter by Defense Security Service requesting that the below questionnaire be completed. NISPOM, paragraph 2-305, states that individuals who serve as Outside Directors, Proxy Holders, and Trustees must be:

  • Resident U.S. citizens who can exercise management prerogatives relating to their position in a way that ensures that the foreign owner can be effectively insulated from the company,
  • Completely disinterested individuals with no prior involvement with the company, the entities with which it is affiliated or the foreign owner, and
  • Issued a personnel security clearance at the level of the facility's clearance

Outside Director's Questionnaire Sample PDF