Common use of Definition of a “Conflict of Interest Clause in Contracts

Definition of a “Conflict of Interest. 1.1 A conflict of interest occurs where an individual’s ability to exercise judgement or act in one role is or could be impaired or otherwise influenced by his or her involvement in another role or relationship. The individual does not need to exploit his or her position or obtain an actual benefit, financial or otherwise. A potential for competing interests and/or a perception of impaired judgement or undue influence can also be a conflict of interest.

Appears in 4 contracts

Samples: Entire Agreement, modgov.hillingdon.gov.uk, modgov.hillingdon.gov.uk

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