|
B. Definitions:
<br />The term "immediate family" includes but is not limited to domestic
<br />partner and/or those persons related by blood or marriage, such as
<br />husband, wife, father, mother, brother, sister, son, daughter, father
<br />in law, mother in law, brother in law, sister in law, son in law,
<br />daughter in law.
<br />2. The term "financial.,or other,interest" includes but is not limited to:
<br />a. Any director indirect financial interest in the specific
<br />contract, including a commission or fee, a share of the
<br />proceeds, prospect of a promotion or of future employment,
<br />a profit, or any other form of financial reward.
<br />b. Any of the following interests in the subcontractor
<br />ownership: partnership interest or other beneficial interest of
<br />five percent or more; ownership of five percent or more of
<br />the stock; employment in a managerial capacity; or
<br />membership on the board of directors or governing body.
<br />C. The SUB-RECIPIENT further covenants that no officer, director, employee, or
<br />agent shall solicit or accept gratuities, favors, anything of monetary value from
<br />any actual or potential subcontractor, supplier, a party to a sub agreement, (or
<br />persons who are otherwise in a position to benefit from the actions of any
<br />officer, employee, or agent).
<br />D. The SUB-RECIPIENT shall not subcontract with a former director, officer, or
<br />employee within a one year period following the termination of the relationship
<br />between said person and the Contractor.
<br />E. Prior to obtaining the CITY'S approval of any subcontract, the SUB-
<br />RECIPIENT shall disclose to the CITY any relationship, financial or
<br />otherwise, direct or indirect, of the SUB-RECIPIENT or any of its officers,
<br />directors or employees or their immediate family with the proposed
<br />subcontractor and its officers, directors or employees.
<br />F. For further clarification of the meaning of any of the terms used herein, the
<br />parties agree that references shall be made to the guidelines, rules, and laws
<br />of the SUB-RECIPIENT, State of California, and Federal regulations
<br />regarding conflict of interest.
<br />G. The SUB-RECIPIENT warrants that it has not paid or given and will not pay or
<br />give to any third person any money or other consideration for obtaining this
<br />Agreement.
<br />H. The SUB-RECIPIENT covenants that no member, officer or employee of
<br />SUB-RECIPIENT shall have interest, director indirect, in any contract or
<br />subcontract or the proceeds thereof for work to be performed in connection
<br />with this project during his/her tenure as such employee, member or officer or
<br />12
<br />
|