Consulting Agreement Conflict Of Interest Clause

1.1 Services. The company entrusted Consultant with the provision of services related to the [merger of the project or activity of the company]. Councillor is an advisor [summary of services to be provided to consultants], and the other services described in Schedule A (together, ”advice services”). A financial conflict of interest is also common. If Annalise is a board member of a private high school – but she also owns a company that prints textbooks – she has a conflict of interest because she would see a financial gain if she influenced the school to buy her textbooks. The conflict of interest clause contained in an independent contract agreement provides that the contractant`s conflicts of interest are immediately communicated to the company. In addition, once elected, the company may terminate the contract if it finds that there is a conflict of interest and is in conflict with and with the performance of the contractor`s obligations. A conflict of interest arises when a person has interests or loyalties in the workplace. For example, if Jenna is a manager at Great Bird Feeders, but is also independent of her best Bird Feeders competitors, she has a conflict of interest because she shares her loyalty between two competing companies. The clause may also include the obligation that when the worker or self-employed person receives a conflict of interest offer, it must be communicated to the company. Some conflict-of-interest statements also make receiving a gift or favours from a competitor, supplier or customer a conflict of interest.

For an explanation of this agreement, please see the overview of the Files in the Consulting Agreements File. (a) the consultant`s work product refers to all physical products, data, reports, recorded information on all means, documents, written documents and all other products or parts of these products, including projects established, established or provided by consultants in relation to service performance (”work product”). All work products are the exclusive property of the customer. The advisor assigns the client all rights, titles and interests on all work products, including all copyrights on that product. A conflict of interest is not always a stopping point. If a conflict of interest is disclosed in advance, both parties can sign a conflict of interest waiver that clearly indicates the conflict and shows that the company is fully aware of it and is willing to cooperate with the employee or freelancer. 1.5 External services. The advisor may not call on the services of another person, entity or organization in carrying out the councillor`s duties without the prior written consent of a company executive. If the company consents to the use of the services of another person, entity or organization by the consultant, no information about the services to be provided under this agreement may be disclosed to that person, entity or organization until that person, entity or organization has entered into an agreement to protect the confidentiality of the company`s confidential information (in accordance with Article 5) and the absolute and total ownership of the company of all rights. , title and interest in the work carried out under this agreement. The clause should also require that all communications with the government be authorized by the client`s advisor or advisor. The reservation should contain a language that states that, if the advisor believes that he or she must contact a government authority without delay before obtaining such consent, it provides the client or advisor with an appropriate opportunity to make such a notification and, in any event, requires the advisor to immediately inform the client of such communications.

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