Common use of Personal Conflict of Interest Clause in Contracts

Personal Conflict of Interest. A situation in which a covered employee has a financial interest, personal activity, or relationship that could impair the employee’s ability to act impartially and perform required fiduciary duties. (A de minimis interest that would not “impair the employee’s ability to act impartially” is not covered under this definition.)

Appears in 11 contracts

Samples: Cooperative Agreement, Cooperative Agreement, Cooperative Agreement

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Personal Conflict of Interest. A situation in which a covered employee has a material financial interest, personal activity, or relationship that could impair the employee’s ability to act impartially and perform required fiduciary duties. (A de minimis interest that would not “impair the employee’s ability to act impartially” is not covered under this definition.)

Appears in 1 contract

Samples: Cooperative Agreement

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