Ethics and Conflicts of Interest Clause Samples
The Ethics and Conflicts of Interest clause establishes standards of ethical conduct and requires parties to avoid situations where personal interests could improperly influence their professional decisions. Typically, this clause obligates individuals to disclose any potential conflicts, such as financial interests or relationships that might affect impartiality, and may require recusal from decision-making in such cases. Its core function is to promote transparency and integrity, thereby preventing unethical behavior and ensuring that all actions are taken in the best interest of the organization or agreement.
POPULAR SAMPLE Copied 1 times
Ethics and Conflicts of Interest. The Board and District officials will avoid any investment transaction or practice that in appearance or fact might impair public confidence. Board members are bound by the Board policy 2:100, Board Member Conflict of Interest. No District employee having influence on the District's investment decisions shall:
Ethics and Conflicts of Interest. Each Party will be responsible to ensure that its employees and agents comply with, at minimum, State government ethics requirements under ORS 244, and any entity specific government ethics and conflicts of interest rules. The Party’s officers or employees, during the person’s tenure, must not have any financial interest, direct or indirect, in this Agreement or the contracts arising from this Agreement.
Ethics and Conflicts of Interest. Conflicts of interest relating to this Agreement are strictly prohibited. Except as otherwise expressly provided herein, neither Party to this Agreement, nor any employee or officer of either Party, shall, directly or indirectly, pay salaries, commissions or fees to employees or officers of the other Party, or designees of such employees or officers, or make to or receive from any employee or officer of the other, or designee of such employee or officer, any payments or rebates, or favor employees or officers of the other Party, or designees of such employees or officers, with gifts or entertainment of significant cost or value, or with services or goods sold at less than full market value, or enter into business arrangements with employees or officers of the other Party, unless such employees or officers are acting as representatives of that other Party.
Ethics and Conflicts of Interest. The Authority Board shall adopt ethics policies governing the conduct of Authority Board members, the Executive Committee, and the officers and employees of the Authority. The policies shall be no less stringent than those provided for public officers and employees under 1973 PA 196, MCL 15.341 to 15.348. Members of the Authority Board, the Executive Committee, and the officers and employees of the Authority shall be deemed to be public servants under 1968 PA 317, MCL 15.321 to 15.330, and are subject to any other applicable laws with respect to conflicts of interest. The Executive Committee shall establish policies and procedures requiring disclosure of relationships that may give rise to conflicts of interest.
Ethics and Conflicts of Interest. The SUD Policy Board shall adhere to all conflict of interest and ethics laws applicable to public officers and public servants, serving as members of the SUD Policy Board.
Ethics and Conflicts of Interest. Officers and employees involved in the investment process shall refrain from personal business activity that could conflict with the proper execution and management of the investment program, or that could impair their ability to make impartial decisions. Employees and investment officials shall disclose any material interests in financial institutions with which they conduct business. They shall further disclose any personal financial/investment positions that could be related to the performance of the investment portfolio.
Ethics and Conflicts of Interest. 23.1 You shall not, and shall ensure that neither your Personnel or Related Bodies Corporate shall, directly or indirectly:
(a) pay salaries, commissions, or fees, or make payments or rebates to any of Our Personnel;
(b) favour Our Personnel with gifts or entertainment of significant cost or value, or with services or goods sold at less than full market value; or
(c) enter into business arrangements with our Personnel, except to the extent such Personnel are properly and duly acting in their capacity as Our representatives with respect of these Terms of Supplys or any purchase order.
23.2 Neither You, nor Your Related Bodies Corporate, shall engage in any behaviour or encourage action by Your Personnel that is contrary to any applicable laws.
23.3 You warrant that You have appropriate policies and procedures in place to deter or prevent any illegal activities, including but not limited to any activities in furtherance of bribery, corruption or money laundering and agree to promptly notify Us in writing in the event that You discover that any of Your Personnel or Related Bodies Corporate have taken, in connection with these Terms of Supplys or any purchase order, any such action.
23.4 You agree that during the duration of these Terms of Supply or any purchase order, and for a period of 12 months thereafter, You shall not seek to solicit or induce any of Our Personnel to leave their engagement or employment with Us.
Ethics and Conflicts of Interest. The Executive Committee shall adopt ethics policies governing the conduct of Corporation Board members, the Executive Committee, and the officers and employees of the Corporation. The policies shall be no less stringent than those provided for public officers and employees under 1973 PA 196, as amended, MCL 15.341 to
Ethics and Conflicts of Interest. The Community Alliance Board may adopt ethics policies governing the conduct of Community Alliance Board and the Community Alliance Executive Committee members, officers, appointees, and employees. State statutes, to the extent relevant, will govern ethical issues. Specifically, those officers, appointees, and employees of the Community Alliance who may be deemed to be public servants for the purposes of 1968 PA 317, MCL 15.321 to 15.330, as amended from time to time, shall follow all conflict of interest requirements imposed by that statute and any other applicable law. Except as may be preempted by MCL 15.328, the Community Alliance Board shall require that any member of the Community Alliance Board with a direct or indirect interest in any matter before the Community Alliance Board disclose the member’s interest to the governing body before the Board takes any action on the matter.
Ethics and Conflicts of Interest. Hua shall not pay any salaries, commissions or fees, or make any payments or grant any rebates to any employee or officer of Fuqi, or to any designee of any Fuqi employee or officer, or favor any employee or officer of Fuqi or any designee of any Fuqi employee or officer, with gifts or entertainment of significant cost or value, or enter into any business arrangements with any employee or officer of Fuqi other than as a representative of Fuqi.