Personal Gain Clause Samples

The Personal Gain clause prohibits individuals involved in an agreement from using their position or access to confidential information for their own benefit beyond what is permitted by the contract. In practice, this means that employees, contractors, or representatives must not exploit company resources, insider knowledge, or business opportunities for personal enrichment or to benefit third parties without authorization. This clause serves to prevent conflicts of interest and protect the integrity of the business relationship by ensuring that all actions taken are in the best interest of the organization, not for individual advantage.
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Personal Gain. This insurance does not apply to any liability arising from/out of or based upon or in consequence of Insured Person having gained in fact any personal profit, remuneration or advantage to which such Insured Person was not legally entitled.
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Personal Gain. An action taken by the Indemnitee with the intent of realizing unlawful personal gain; or
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Personal Gain. Efforts by any employee that benefit an IDPH employee personally or professionally and where the “effort” is outside of the scope of normal job duties. Examples of efforts qualifying as “personal gain” include, but are not limited to: using IDPH data for a dissertation or other graduate work, using IDPH data in consulting work, or in other supplemental employment.
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Personal Gain. Efforts by any employee that benefit an IDPH employee personally or professionally and where the “effort” is outside of the scope of normal job duties. Examples of efforts qualifying as “personal gain” include, but are not limited to using IDPH data for a dissertation or other graduate work, in consulting work, or in other supplemental employment. Research1: A systematic investigation, including research development, testing, and evaluation, designed to develop or contribute to generalizable knowledge. Activities that meet this definition constitute research for the purposes of this policy, regardless of whether or not they are conducted or supported under a program that is considered research for other purposes. Examples of “research” are included in Appendix A of IDPH Policy #CO 07-12- 004, Research Agreement and Research and Ethics Review Committee.
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Personal Gain. First, the conditions that surround the creation of concession agreements are highly conducive to corruption, exhibiting three of five key causes of corruption identified by the World Bank: lack of institutional restraints, lack of transparency of actors, and lack of general accountability.44 In the context of 43. See, e.g., id.
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Personal Gain. Section 1. The members of the Sigma Iota Epsilon at Indiana University ▇’▇▇▇▇▇ School of Public and Environmental Affairs fraternity shall not have any monetary personal fraternity members shall receive items or benefits that fall only into the following categories: Hotel/lodging, use of fraternity equipment, use of facilities during Sigma Iota Epsilon at Indiana University ▇’▇▇▇▇▇ School of Public and Environmental Affairs meetings or events, any membership benefits provided at the national level, any fraternity clothing that is provided, reimbursement for certain fraternity expenses as defined by the executive board, ability to participate in meetings and events and any other benefits the executive board deems necessary excluding the dispersal of cash. A) This excludes a faculty advisor or professional board members working for a salary or not as defined by fraternity agreements with these individuals.
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Personal Gain. 12.1 The Employee shall not, except with prior written approval of the Company, during the term of the Employment Agreement, accept or solicit any commission, allowance, gift or consideration whatsoever from (potential) customers, suppliers or competitors of the Company. Any unsolicited consideration received by the Employee shall be returned immediately and the Employee shall forthwith inform the Company. Usual promotional gifts with limited or no commercial value shall not be regarded as consideration of the purpose of this article. In case of doubt, the Employee shall always consult with the Company.
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Personal Gain. 3.2.1 Exercise the powers invested for the good of all members of the South African National Quran Council rather than for his or her personal benefit.
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Personal Gain. An action taken by the Indemnitee with the intent of realizing unlawful personal gain, including without limitation, in connection with the purchase and sale by such Indemnitee of securities in violation of Section 16(b) of the Exchange Act or any similar successor statute; or
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Related to Personal Gain

  • Personal Vehicle Use of personal vehicle will be reimbursed at the current rate/mile set by Commissioners’ Court. Mileage should be calculated using the County office location of the traveler and the event location. Mileage may not be calculated using the traveler’s home. Mileage should be calculated using an employees vehicle odometer reading or by a readily available online mapping service for travel out of Fort Bend County. If using the mileage of an online mapping service, state which mapping service was used or provide a printout of your route detailing the mileage. For local travel, odometer readings or mapping service details are not required. Departments should develop a mileage guide for employees for local travel points, if a department does not have a mileage guide, the Auditor’s Office will determine if the mileage listed is reasonable. Allowable expenses: Parking and tolls with documentation. County Vehicle: Fuel purchases when using a County vehicle should be made with the County Procurement card if available. Original receipts will accompany the Procurement Card statement but a copy must be provided with the travel reimbursement request. Allowable expenses: Parking and tolls with documentation required. Airfare: Airfare is reimbursable at the lowest available rate based on 14 day advance purchase of a discounted coach/economy full-service seat based on the required arrival time for the event. The payment confirmation and itinerary must be presented with the travel reimbursement form. The traveler will be responsible for the excess charges of an airline ticket purchase other than a coach/economy seat. When using Southwest Airlines a traveler should choose the “wanna get away” flight category. Allowable Expenses: Bag fees. Fare changes are allowable if business related or due to family emergency. Unallowable Expenses/Fees: Trip insurance, Early Bird Check In, Front of the line, Leg Room, Fare changes for personal reasons. Unallowable Fees/Charges: GPS, prepaid fuel, premium radio, child safety seats, additional insurance, one way rentals. Allowable expenses: Parking and tolls allowed with documentation. Other Transportation: Other forms of transit (bus, taxi, train) are reimbursable with an original receipt. Gratuities: Gratuities are permitted if original receipt includes gratuity (20% maximum allowed) for any transportation services.

  • Personal/▇▇▇▇▇’s Leave 7.3.1 All full time employees shall be entitled to accrue paid personal / ▇▇▇▇▇'s leave on the basis of 10 days per year (or pro-rata thereof for any period less than one year). Part-time employees are entitled to a pro-rata benefit. Paid personal / carer's leave is cumulative. 7.3.2 All accrued personal leave shall be available for use as carer's leave in accordance with the provisions outlined below. 7.3.3 As part of its commitment to provide a family-friendly workplace, the employer will allow employees to use any amount of accrued personal /▇▇▇▇▇'s leave to enable employees to: (a) provide primary care to partners, children and/or other household or family members. (b) attend the funerals of family or household members or close family relatives (if compassionate leave is not available in the circumstances). 7.3.4 The leave provided for in this clause will be granted subject to the following: (a) The employee must notify the employer of the reason and likely duration of the absence before 7.00 am on the first day of the absence, unless this is not possible due to an unexpected emergency in which case the employee must notify the employer as soon as practicable. (b) Where circumstances permit, an employee must endeavour to arrange leave to minimise the impact on operational needs. (c) The provision of appropriate documentary evidence. 1. For sick leave, a medical certificate or if not reasonably practicable to provide a medical certificate- a statutory declaration made by the employee. 2. For ▇▇▇▇▇'s leave, a medical certificate in respect to the family or household member, or a statutory declaration by the employee. 3. For compassionate leave, any evidence that the employer reasonably requires. 7.3.5 The employee is not entitled to take more than 10 days of paid ▇▇▇▇▇’s leave (1/26th of the nominal hours worked by the employee) per year, regardless of the amount of personal leave the employee has accumulated over time. 7.3.6 An employee may request to cash out any amount of paid personal/▇▇▇▇▇’s leave that they have accrued that is excess of 3/52 of the number of nominal hours worked over the past 12 months. For example, an employee working 38 hours per week over 12 months must retain 15 days of paid personal/carer’s leave and may cash out any further personal/carer’s leave that has been accumulated. 7.3.7 In addition to the above, a request to cash out personal/▇▇▇▇▇’s leave will only be granted where: (a) the employee elects to cash out their leave in writing; and (b) the employer agrees. 7.3.8 Casual Employees engaged in continuous service shall be entitled to personal leave limited to the provision of sub clause 7.3.

  • Personal Effects The Employer agrees to provide adequate lock-up facilities for employees' personal effects, namely purses and/or wallets.

  • Personal Leave Without Pay Leave of absence without pay may be granted by the College for legitimate personal reasons.

  • Personal Vehicles A. Employees who are directed by the Employer to use a personal vehicle for official state business shall do so in accordance with state fleet policies established by the Department of Budget and Management. When circumstances make it impractical for an employee to obtain a state vehicle on the day the vehicle will be used, such employee may request the vehicle at the end of the prior day’s shift, and the appointing authority shall make reasonable accommodation, consistent with the efficient operation of the unit, to accommodate such request. If such request cannot be granted, the employee may use his/her own vehicle and be reimbursed at the full rate in accordance with state fleet policies.