ML20247B786
| ML20247B786 | |
| Person / Time | |
|---|---|
| Issue date: | 02/27/1989 |
| From: | Gutierrez J NRC OFFICE OF INSPECTION & ENFORCEMENT (IE REGION I) |
| To: | Della Greca A NRC OFFICE OF INSPECTION & ENFORCEMENT (IE REGION I) |
| References | |
| NUDOCS 8903300042 | |
| Download: ML20247B786 (1) | |
Text
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UNITED STATES NUCLEAR REGULATORY COMMISSION
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REGION I 5
"j 475 ALLENDALE ROAD y
KING OF PRUSSIA, PENNSYLVANIA 19406 February 27, 1989 MEMORANDUM FOR: Aniello L. Della Greca, Reactor Engineer FROM:
Jay M. Gutierrez, Regional Counsel
SUBJECT:
EXEMPTION UNDER 10 CFR 0.735-21 FOR INTEREST IN A STONE AND WEBSTER PENSION PLAN AND NOTICE TO FILE FOR EXEMPTION FOR OWNERSHIP 0F PR0HIBITED STOCK This is in response to your NRC Form 269 wherein you reported an interest in the Stone and Webster pension plan and a Stone and Webster stock option plan.
In order to allow you to work on matters involving Stone and Webster, un exemption from the provisions of 10 CFR 0.735-21 must be granted and the issue involving ownership of Stone and Webster stock resolved.
A review of the terms of the Stone and Webster pension plan by the Office of General Counsel has previously occurred and revealed that as an NRC employee you cannot influence, in any fashion, the amount you receive as a pension from Stone and Webster.
Based upori this finding, I have determined that your interest in the Stone and Webster pension plan is not so substantial as to be deemed likely to affect the integrity of your services to the NRC and that no provision of law and no NRC regulation would appear to be violated by your participation in matters affecting Stone and Webster'due to your interest in the pension plan.
Therefore, with the concurrence of the Office of General Counsel, you are bereby granted an exemption from the requirements of 10 CFR 0.735-21 relative to your interest in the pension plan and you may participate in matters before the NRC affecting Stone and Webster af ter you have sold all Stone and Webster stock.
With respect to the stock, you have been advised that yoti need to seek an exemption under 10 CFR 0.735-29(e) to permit you to continue to own Stone and Webster stock under the employee stock option plan (TRAS0P) during the time Stone and Webster retains control over the stock.
When you receive control of the stock you understand that you are to divest yourself of the stock within 30 days and notify me in writing of the divestiture.
However, because of your current financial interest in Stone and Webster under the TRASOP, you should not work on any matter affecting that company until all stock has been sold.
I 9903300042 890227 PDR 1OPRP EECBW ay M.
utierrez P
C Region 1 Counsel cc:
P. Bollwerk, OGC
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