Common use of INTEREST IN CONTRACT Clause in Contracts

INTEREST IN CONTRACT. A. Consultant covenants that neither it, nor any of its employees, agents, contractors, and subcontractors has any present interest, nor shall they acquire any interest, direct or indirect, in the subject of the Agreement, nor any other interest which would conflict in any manner or degree with the performance of its Services hereunder. B. Consultant may serve other clients, but none whose business, regardless of location, would place Consultant in a “conflict of interest,” as that term is defined in the Political Reform Act, codified at California Government Code Section 81000 et seq. C. The City has determined, based on the Scope of Services in Exhibit A, that the Consultant (and its principal employees) working for the City under this Agreement: XX Is required to file a Form 700 because he/she is involved in the making or participating in making of a decision which may foreseeable have a material effect on any financial interest, as further described in the Political Reform Act and implementing regulations. Is not required to file a Form 700 because he/she is not involved in the making or participating in making of a decision which may foreseeable have a material effect on any financial interest, as further described in the Political Reform Act and implementing regulations. If it is determined that Consultant is covered by the City’s Conflict of Interest Code at any time after the execution of this Agreement City determines and notifies Consultant in writing that Consultant’s duties under this agreement warrant disclosure by Consultant, Consultant agrees to make all disclosures required by the City’s conflict of interest code in accordance with the Category designated by the City.

INTEREST IN CONTRACT. A. Consultant covenants that neither it, nor any of its employees, agents, contractors, and subcontractors has any present interest, nor shall they acquire any interest, direct or indirect, in the subject of the Agreement, nor any other interest which would conflict in any manner or degree with the performance of its Services hereunder. B. Consultant may serve other clients, but none whose business, regardless of location, would place Consultant in a “conflict of interest,” as that term is defined in the Political Reform Act, codified at California Government Code Section 81000 et seq. C. The City has determined, based on the Scope of Services in Exhibit A, A that the Consultant (and Consultant, or its principal employees) employees on working for the City under this Agreement: XX Is required to file a Form 700 because he/she is involved in the making or participating in making of a decision which may foreseeable foreseeably have a material effect on any financial interest, as further described in the Political Reform Act and implementing regulations. Is not required to file a Form 700 because he/she is not involved in the making or participating in making of a decision which may foreseeable foreseeably have a material effect on any financial interest, as further described in the Political Reform Act and implementing regulations. If it is determined that Consultant is covered by the City’s Conflict of Interest Code at any time after the execution of this Agreement City determines and notifies Consultant in writing that Consultant’s duties under this agreement warrant disclosure by Consultant, Consultant agrees to make all disclosures required by the City’s conflict of interest code in accordance with the Category designated by the City.