Conflict of Interest 3. 1. The Consultant is required to provide professional, objective, and impartial advice, at all times holding the Client’s interests paramount, strictly avoiding conflicts with other assignments or its own corporate interests, and acting without any consideration for future work. 3.2. The Bidder has an obligation to disclose to the Client any situation of actual or potential conflict that impacts its capacity to serve the best interest of its Client. Failure to disclose such situations may lead to the disqualification of the Bidder or the termination of the Contract. 3.2.1. Without limitation on the generality of the foregoing, the Bidder shall not be hired under the circumstances set forth below: (i) Conflict between consulting activities and procurement of goods, works or non-consulting services: a firm that has been engaged by the Client to provide goods, works, or non- consulting services for a project, or any of its Affiliates, shall be disqualified from providing consulting services resulting from or directly related to those goods, works, or non- consulting services. Conversely, a firm hired to provide consulting services for the preparation or implementation of a project, or any of its Affiliates, shall be disqualified from subsequently providing goods or works or non-consulting services resulting from or directly related to the consulting services for such preparation or implementation. (ii) Conflict among consulting assignments: a Bidder (including its Key Staff and Sub-consultants) or any of its Affiliates shall not be hired for any assignment that, by its nature, may be in conflict with another assignment of the Bidder for the same or for another Client. (iii) Relationship with the Client’s staff: a Bidder (including its Experts and Sub-consultants) that has a close business or family relationship with a professional staff of the Client, or is directly or indirectly involved in any part of (i) the preparation of the Scope of Services for the assignment, (ii) the selection process for the Contract, or (iii) the supervision of the Contract, may not be awarded a Contract, unless the conflict stemming from this relationship has been resolved in a manner acceptable to the LHDA throughout the selection process and the execution of the Contract. 4.
Conflict of Interest 3. 1 It is the policy of the Corporation that transactions with other business entities, universities or other organizations and individuals shall not be influenced or affected by the personal interests or activities of any Representative. Activities or personal interests of the Representatives or their immediate family members which are actually or potentially harmful or detrimental to the best interests of the Xx. Xxxxx Xxxxxxx April 27, 2004 PERSONAL & CONFIDENTIAL Corporation or which create the appearance of a conflict of interest should be avoided so as not to reflect negatively on the reputation of the Corporation or its Representatives. All transactions between the Corporation and its affiliates shall be completed on a fair market basis by reference to terms and conditions available from arm's length third parties. Any actual or apparent conflicts of interest between the Corporation and its affiliates shall be resolved on the basis that the Corporation's Representatives must act in the best interests of the Corporation.
Conflict of Interest 3. 4.1 The Executive agrees that during the period of his appointment by the Company, he shall: 3.4.1.1 abide by any relevant Company policy which may be brought to the attention of the Executive from time to time; 3.4.1.2 not directly or indirectly disclose to any person, firm or company or use other than for any legitimate purposes of the Company or any Group Company any Confidential Business Information; 3.4.1.3 not without the Company's prior written permission hold any Material Interest in any person firm or company which: (a) is or shall be in competition with any of the Businesses; (b) impairs or might reasonably be thought by the Company to impair his ability to act at all times in the best interests of the Company; or (c) requires or might reasonably be thought by the Company to require him to disclose any Confidential Business Information in order properly to discharge his duties to or to further his interest in such person firm or company. 3.4.1.4 Not directly or indirectly receive or obtain in respect of any goods or services sold or purchased or other business transacted (whether or not by him) by or on behalf of the Company or any Group Company any discount, rebate, commission or other inducement (whether in cash or in kind) which is not authorised by any Company rules or guidelines from time to time and if he or any firm or company in which he holds any Material Interest shall obtain any such discount, rebate, commission or inducement, he shall immediately account to the Company for the amount so received. 3.4.1.5 Not without the prior authority of the Company remove from the Company premises or copy or allow others to copy the contents of any document computer disk tape or other tangible item which contains any Confidential Business Information or which belongs to the Company or any Group Company. 3.4.1.6 Return to the Company upon request and, in any event, at the Termination Date, all documents, computer disks and tapes and other tangible items in his possession or under his control which belong to the Company or any Group Company or which contain or refer to any Confidential Business Information. 13
Conflict of Interest 3. 1. The Consultant is required to provide professional, objective, and impartial advice, at all times holding the Client’s interests paramount, strictly avoiding conflicts with other assignments or its own corporate interests, and acting without any consideration for future work. 3.2. The Bidder has an obligation to disclose to the Client any situation of actual or potential conflict that impacts its capacity to
