Common use of Conflicts Prohibited Clause in Contracts

Conflicts Prohibited. No persons de- scribed in paragraph (c) of this section who exercise or have exercised any functions or responsibilities with re- spect to activities assisted with HTF funds or who are in a position to par- ticipate in a decision-making process or gain inside information with regard to these activities may obtain a ▇▇▇▇▇- cial interest or financial benefit from a HTF-assisted activity, or have a ▇▇▇▇▇- cial interest in any contract, sub- contract, or agreement with respect to the HTF-assisted activity, or the pro- ceeds from such activity, either for themselves or those with whom they have business or immediate family ties, during their tenure or for one year thereafter. Immediate family ties in- clude (whether by blood, marriage, or adoption) the spouse, parent (including