Common use of No Gift Rule Clause in Contracts

No Gift Rule. Citizens’ enabling statute imposes ethical standards on Citizens, its employees and Board of Governors. The standards include a “no gift” rule prohibiting employees and Board members from directly or indirectly accepting any gift or expenditure from vendors (including the Firm) that personally benefits the Citizens employee or Board member. Therefore, the Firm shall not advance any such gift or expenditure to Citizens employees or Board members. Nor shall the Firm accept a gift from a Citizens policyholder or from another Citizens vendor in connection with the legal services that is, or could be interpreted to be, intended to influence the handling of Citizens’ business or could be interpreted as an expression of gratitude for the Firm’s services to Citizens.