Common use of Managing Member Employees Clause in Contracts

Managing Member Employees. The Administrator acknowledges that employees of the Managing Member are required to adhere to a code of conduct, a copy of which is posted on the “Vendor Information” page of the Managing Member’s public website. Among other things, the code of conduct prohibits Managing Member employees from using their Managing Member positions for private gain and from soliciting or accepting gifts, meals, and other things of value from persons doing business, or seeking to do business, with the Managing Member. The Administrator shall not offer any employee of the Managing Member gifts, meals, or other things of value unless an exception applies that would permit the employee to accept the gift, meal, or other thing offered consistent with the code of conduct.

Managing Member Employees. The Administrator Custodian acknowledges that employees of the Managing Member are required to adhere to a code of conduct, a copy of which is posted on the “Vendor Information” page of the Managing Member’s public website. Among other things, the code of conduct prohibits Managing Member employees from using their Managing Member positions for private gain and from soliciting or accepting gifts, meals, and other things of value from persons doing business, or seeking to do business, with the Managing Member. The Administrator Custodian shall not offer any employee of the Managing Member gifts, meals, or other things of value unless an exception applies that would permit the employee to accept the gift, meal, or other thing offered consistent with the code of conduct.

Managing Member Employees. The Administrator Custodian acknowledges that employees of the Managing Member are required to adhere to a code of conduct, a copy of which is posted on the “Vendor InformationDoing Business With Us” page of the Managing Member’s public website. Among other things, the code of conduct prohibits Managing Member employees from using their Managing Member positions for private gain and from soliciting or accepting gifts, meals, and other things of value from persons doing business, or seeking to do business, with the Managing Member. The Administrator Custodian shall not offer any employee of the Managing Member gifts, meals, or other things of value unless an exception applies that would permit the employee to accept the gift, meal, or other thing offered consistent with the code of conduct.

Managing Member Employees. The Administrator acknowledges that employees of the Managing Member are required to adhere to a code of conduct, a copy of which is posted on the “Vendor InformationDoing Business With Us” page of the Managing Member’s public website. Among other things, the code of conduct prohibits Managing Member employees from using their Managing Member positions for private gain and from soliciting or accepting gifts, meals, and other things of value from persons doing business, or seeking to do business, with the Managing Member. The Administrator shall not offer any employee of the Managing Member gifts, meals, or other things of value unless an exception applies that would permit the employee to accept the gift, meal, or other thing offered consistent with the code of conduct.