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(d) Conducting Business Involving Close Personal Friends and Associates. <br />Executives and employees of CONTRACTOR will be particularly aware of <br />the varying degrees of influence that can be exerted by personal friends and <br />associates and, in administering this Agreement, will exercise due diligence <br />to avoid situations which give rise to an assertion that favorable treatment is <br />being granted to friends and associates. When it is in the public interest for <br />CONTRACTOR to conduct business with a friend or associate of an <br />executive or employee of CONTRACTOR, an elected official in the area or a <br />voting or non -voting member of the Local Workforce Development Board <br />(WDB), a permanent record of the transaction will be retained. <br />(e) Avoidance of Conflict of Economic Interest. No executive or employee of <br />CONTRACTOR elected official in the area, or voting or non -voting member <br />of a WDB, will solicit or accept money or any other consideration from a <br />third person, for the performance of an act reimbursed in whole or part by <br />CONTRACTOR or CITY. Supplies, materials, equipment or services <br />purchased with Agreement funds will be used solely for purposes asserted or <br />allowed under this Agreement. No voting member of the WDB will cast a <br />vote on the provision of services or vote on any matter which would provide <br />direct financial benefit to that member or any business or organization that <br />the member directly represents. <br />(f) Salary and Bonus Limitations. If CONTRACTOR receives WIOA funds, <br />CONTRACTOR is required to comply with Federal requirements regarding <br />the limitations on salary and bonus payments in accordance with Public Law <br />109-149, Section 503. <br />VII. <br />HOLD HARMLESS <br />CONTRACTOR shall indemnify and hold harmless the CITY, its officers, agents, employees, <br />contractors, special counsel, and representatives from and against any and all damages to <br />property or injuries to or death of any person or persons, including property and employees or <br />agents of CITY, and shall defend, indemnify and save harmless CITY, its officers, agents and <br />employees, from any and all claims, demands, suits, actions or proceedings of any kind or nature, <br />including, but not by way of limitation, workers' compensation claims, but only in proportion to <br />and to the extent resulting from or arising out of the negligent acts, errors or omission of <br />CONTRACTOR, its employees or subcontractors. <br />Vill. <br />INSURANCE <br />Page I I of 18 <br />