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<br />have any force o~ effect) whatsoever, unless embodied in a written"
<br />contract amendment incorporating such changes) including any increase
<br />o~ decrease in the amount of monies to be paid to the Contractor)
<br />executed and approved pursuant to the State's Fiscal Rules.
<br />
<br />12. Reports. At least two (2) copies of all reports prepared as
<br />a result of the Project will be submitted to the Office of Impact
<br />Assistance in the Department of Local Affairs within two (2) weeks of
<br />completion of such reports.
<br />
<br />13. Indemnification. Contractor, in consideration for s
<br />promise ein set forth, promises to indemnify and hold harm-
<br />less and defen tate, and all of its emplo and agents, acting
<br />officially or otherw' from any an liability, claims, demands .LA
<br />actions, debts and attorney Ising out of, claimed on account '~I(
<br />of, or In any manner cated upon damage. to the property '1-yt7
<br />of and injuries , or death of all persons wha which may p.J
<br />occur, or sustained in connection with the performance 0 .
<br />Contra , or by conditions created thereby, or based upon any viola
<br />ti of any statute, ordinance, or regulation, and the defense of any
<br />such claims or acti~ns.
<br />
<br />14. Conflict of Interest.
<br />
<br />a. No employee of .the Contractor shall perform or
<br />provide part-time services for compensation,
<br />monetary or otherwise, to a consultant or con-
<br />sultant firm that has been retained by the
<br />Contractor under the authority of this Contract.
<br />
<br />b. The Contractor agrees that no person at any time
<br />exercising any function or responsibility in
<br />connection with this Project on behalf of the
<br />Contractor shall have or acquire any personal
<br />financial. or economic interest, direct or indirect,
<br />which will be materially affected by this Contract.
<br />except to the extent that he may receive compensa-
<br />tion for his performance pursuant to this Contract.
<br />
<br />c. A personal financial or economic interest includes,
<br />but is not limited to:
<br />
<br />1) any business entity in which the person has
<br />a direct or indirect monetary interest;
<br />
<br />ii) any real property in which the person has a
<br />direct or indirect monetary interest;
<br />
<br />iii) any sou~ce of income, loans, or gifts received
<br />by or promised to the person ~ithin twelve (12)
<br />months prior to the execution date of this
<br />Contract;
<br />
<br />iv) any business entity in which the person is a
<br />director, officer, general or limited partner,
<br />trustee, employee, or holds a~y position of
<br />management.
<br />
<br />For purposes of this subsection, indirect investment or interest
<br />means any investment or interest o~ned by the spouse, parent,
<br />brother, sister, son, daughter, father-in-law, Tother-in-law, brother-
<br />in-law, sister-In-law, son-In-law, or daughter~ln-Iaw of the person,
<br />by an agent on his/her behalf, by a general, limited, or silent. part-
<br />Der of the person, by.any business entity controlled by said person,
<br />or by a trust in which he/she has substantial interest. A business
<br />entity is controlled by a person if that perso~, his/her agent, or a
<br />relative as defined above possesses more than fifty percent (50%) of
<br />
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