Conflict Interest Agreement Sample With Client
Description
How to fill out Employee Noncompetition And Conflict Of Interest Agreement?
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FAQ
State the reasons why you think these interests could, or could be seen to, influence your decisions, actions or advice. Finally, set out the steps you intend to take, or which you may require others in the department to take, to mitigate any conflict arising. Attach supporting documentation if required.
For example, if Jenna is a manager at Great Bird Feeders but she is also freelancing on the side for their competitor Best Bird Feeders, she has a conflict of interest because she's splitting her loyalties between two competing companies.
The types of conflict of interest include romantic or relational, financial, competitive, and confidential conflict of interests. They all involve individuals engaging in activities that lead to personal gain at the expense of the organizations they work for.
Some types of conflicts of interest include: Nepotism. ... Self-dealing. ... Gift issuance. ... Insider trading. ... Review the employee handbook. ... Attend business ethics training. ... Report conflicts of interest. ... Disclose.
You may encounter a prospective client whose interests conflict with your personal interest. For example, a conflict would exist if you've invested in a business that the potential client would like to sue. A conflict would also likely exist if your client would like assistance divorcing a family member of yours.
