Material conflict of interest definition

Material conflict of interest means a financial interest of the producer in the sale of an annuity that a reasonable person would expect to influence the impartiality of a recommendation. “Material conflict of interest” does not include cash compensation or noncash compensation.
Material conflict of interest means a Director, Officer, panel member or other Person:
Material conflict of interest means a financial interest of the producer in the sale of an annuity that a reasonable person would expect to influence the impartiality of a recommendation.

Examples of Material conflict of interest in a sentence

  • Any potential Material Conflict of Interest that is referred to the Corporate Governance Committee also shall be reported to the General Counsel.

  • Employees (Other than Directors)No employee (which, for purposes of this provision, excludes directors) of Farmer Mac shall participate in any decision or transaction in which the employee has or appears to have a Material Conflict of Interest.

  • In those situations, the Corporate Governance Committee is also authorized to resolve the Material Conflict of Interest by restricting the distribution of certain sensitive information to the director with a Material Conflict of Interest.

  • Each director who has a Material Conflict of Interest (as defined in the Stockholders’ Agreement) in voting on any particular matter before the Board of Directors shall recuse himself or herself prior to the vote of the Board of Directors on such matter in accordance with Section 2.9 of the Stockholders’ Agreement.


More Definitions of Material conflict of interest

Material conflict of interest means a financial interest of the producer in the sale of an
Material conflict of interest means a financial interest of the producer, or the insurer where no producer is involved, in the sale of an annuity that a reasonable person would expect to influence the impartiality of a recommendation.
Material conflict of interest means in the context of:
Material conflict of interest means I have a financial interest in the sale of Your annuity that a reasonable person would expect to influence the impartiality of my recommendation that I have not already disclosed to you above. (Choose One)
Material conflict of interest means a conflict of interest that presents a material possibility of damage to the interests of one or more clients;
Material conflict of interest means a financial interest of the producer, or the insurer where no producer is involved, in the sale of an annuity that a reasonable person would expect to influence a recommendation of the producer or insurer, including financial incentives or rewards offered to or received by the producer, or a direct interest or ownership in an insurer by the producer or an immediate family member of the producer.
Material conflict of interest means, with respect to a Manager regarding any matter requiring a vote of the Management Committee, a conflict of interest arising from (i) such Manager or any of his Affiliates having a material interest (financial or otherwise) in such matter, other than an interest solely attributable to an equity interest in the Company, or (ii) any legal action involving the Company or any of its subsidiaries, on the one hand, and such Manager or any of his Affiliates, on the other. For the purpose of clarity, any matter involving the enforcement of, or the assertion of a breach under, the provisions of the Management Agreement shall be deemed to give rise to a Material Conflict of Interest with respect to the Millennium Managers.