Fill and Sign the Employee Conflict of Interest Policy Template Form

CONFLICT OF INTEREST POLICY A conflict of interest occurs whenever an employee engages in activities that interfere with the performance of job responsibilities at the company or where the prospect of direct or indirect personal gain could influence an employee’s judgment or action.No gift, loan or favor will be made to or accepted by employees or their immediate families involving any supplier, customer, or others with whom ________________________ does business if it is intended to influence a business decision. This will not prohibit casual entertainment, business entertainment consistent with the company’s usual practices, or gifts that are reasonably viewed under the circumstances in which they are given or received to be of nominal value. For this purpose, any gift in kind of less than $100 would be considered of nominal value. Acceptance of cash or cash equivalents is not acceptable under any circumstances. By way of example, attendance at a professional sporting event as a guest of a supplier or customer would constitute business entertainment consistent with the company’s usual practices; however, the receipt of tickets to the same event from a supplier or customer without the attendance of the supplier or customer would be viewed as a gift which must be of nominal value. Employees must also inform their supervisor and receive approval before engaging in any outside activities that pose a potential for conflict of interest. Examples of potential conflict of interest include, but are not limited to:outside employment;working for the company as an outside vendor;use of company facilities, supplies or equipment for outside business, philanthropic, community, political or other interests or activities;outside interests of the employee, or of close family members, with or related to suppliers of goods and services to the company;allowing unauthorized use of company facilities by friends, family members or community associates;direct or indirect participation in purchases for personal use for less than the full value or utilizing discounts allowed to the company for personal gain;using information that the company considers privileged or confidential, for non company purposes.