Common use of Sample Language Clause in Contracts

Sample Language. My siblings and I own Xxxxx Farms, Inc., a closely-held corporation run solely by my brother. I do not hold a position with this entity. I will continue to have a financial interest in this entity, but I will not provide services material to the production of income. Instead, I will receive only passive investment income from it. I will not participate personally and substantially in any particular matter that to my knowledge has a direct and predictable effect on the financial interests of Xxxxx Farms, Inc., unless I first obtain a written waiver pursuant to 18 U.S.C. § 208(b)(1).

Sample Language. My siblings and I own Xxxxx Farms, Inc., a closely-closely held corporation run solely by my brotherone sibling. I do not hold a position with this entity. I will continue to have a financial interest in this entity, but I will not provide services material to the production of income. Instead, I will receive only passive investment income from it. I will not participate personally and substantially in any particular matter that to my knowledge has a direct and predictable effect on the financial interests of Xxxxx Farms, Inc., unless I first obtain a written waiver pursuant to 18 U.S.C. § 208(b)(1).