Waiver Of Conflict Of Interest Template With Lines
Description
How to fill out Sample Attorney Conflict Of Interest Waiver Letter?
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FAQ
If you're made aware of a potential conflict and have deemed it permissible, your next step may be to formalize your decision with a conflict of interest waiver. This waiver is a formal legal document serving as proof that an employee has made all necessary parties aware of the potential conflict.
The key in obtaining effective consent to a conflict of interest is that the lawyer must fully inform each affected client of the possible adverse consequences of the conflict, and each client must agree to waive the conflict.
This clause states that: If the employee or freelancer has a conflict of interest, it must be disclosed. Should a conflict of interest develop over the course of the employment or project, it will be disclosed. The employee or freelancer will avoid taking on any conflicts of interest while working for the company.
By signing this Agreement, each Investor and the Company hereby acknowledges that the terms of this Agreement were negotiated between the Investors and the Company and are fair and reasonable and waives any potential conflict of interest arising out of such representation or such possession of confidential information.