Common use of Personal Interest Clause in Contracts

Personal Interest. No member of the ▇▇▇▇▇▇▇ County Commissioners or any officer or employee of the Urban County Program, sub-grantee or subrecipient shall have a financial interest, direct or indirect, or by reason of ownership of stock in any corporation, in any contract or in the sale to the Urban County Program, sub-grantee or subrecipient or to a contractor supplying the Urban County Program, sub-grantee or subrecipient of any land or rights or interest in any land, material, supplies, or services, or in any matter in which he acts for the Urban County Program. Any willful violation of this section shall constitute malfeasance in office, and any officer or employee of the Urban County Program, sub-grantee or subrecipient found guilty shall thereby forfeit his or her office. Any violation of this section with the knowledge, express or implied, of the person or corporation contracting with the Urban County Program, sub-grantee or subrecipient shall render the contract voidable by the Urban County Director or the board of Commissioners. CODE OF CONDUCT No employee, officer or agent of the County of ▇▇▇▇▇▇▇-▇▇▇▇▇ County Program, sub-grantee or subrecipient shall participate in selection or in the award or administration of a contract or conduct business with a vendor if a conflict of interest, real or apparent, would be involved. Such a conflict would arise when:

Personal Interest. No member of the ▇▇▇▇▇▇▇ County Commissioners or any officer or employee of the Urban County Program, sub-grantee or subrecipient shall have a financial interest, direct or indirect, or by reason of ownership of stock in any corporation, in any contract or in the sale to the Urban County Program, sub-grantee or subrecipient or to a contractor supplying the Urban County Program, sub-grantee or subrecipient of any land or rights or interest in any land, material, supplies, or services, or in any matter in which he acts for the Urban County Program. Any willful violation of this section shall constitute malfeasance in office, and any officer or employee of the Urban County Program, sub-grantee or subrecipient found guilty shall thereby forfeit his or her office. Any violation of this section with the knowledge, express or implied, of the person or corporation contracting with the Urban County Program, sub-grantee or subrecipient shall render the contract voidable by the Urban County Director or the board of Commissioners. ntity/Organization Name Date CODE OF CONDUCT No employee, officer or agent of the County of ▇▇▇▇▇▇▇-▇▇▇▇▇ County Program, sub-grantee or subrecipient shall participate in selection or in the award or administration of a contract or conduct business with a vendor if a conflict of interest, real or apparent, would be involved. Such a conflict would arise when: