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The CITY shall not settle or compromise any claim, suit, action, or proceeding in <br /> respect of which the SUB-RECIPIENT has agreed in writing that the CITY is entitled to <br /> indemnification under this paragraph shall survive the termination of the Agreement. <br /> XIX. INSURANCE AND BONDING: SUB-RECIPIENT shall carry sufficient insurance coverage to <br /> protect contract assets from loss due to theft, fraud, and/or undue physical damage, and as <br /> a minimum shall purchase a blanket fidelity bond covering all employees in an amount equal <br /> to any CITY and/or CLFRF cash advances. Proof of insurance and bonding shall be provided to <br /> the City. <br /> XX. NON-PARTICIPATION BY CERTAIN PERSONS: SUB-RECIPIENT agrees to exclude the following <br /> persons from participation in any aspect of this agreement: <br /> a. SUB-RECIPIENT agrees not to allow any member of,or delegate to,the United States Congress <br /> any share or part of this Agreement or to allow any benefit to arise from the same. <br /> b. SUB-RECIPIENT agrees that no officer, employee, designee, agent, or consultant of the CITY <br /> or the SUBRECIPIENT or member of the governing body of the CITY who exercises any <br /> functions or responsibilities with respect to the CITY's CLFRF program during his/her tenure <br /> or for one (1) year thereafter, will have any direct or indirect interest in any contract or <br /> subcontract, or the proceeds thereof, for the work t6 be performed in connections with the <br /> Project assisted under this Agreement. The SUB-RECIPIENT shall incorporate or cause to be <br /> incorporated in all such contracts or subcontracts a provision prohibiting such interest in <br /> conformance with the provisions of and-pursuant to the purposes of this sections. The <br /> provisions of, "Conflict of Interest" shalt apply to the SUB-RECIPIENT. <br /> c. SUBRECIPIENT further agrees to maintain written standards of conduct Lovering conflicts of <br /> interest.These standards of conduct will include language stating that no employee, officer, <br /> or agent will participate in the selection, award, or administration of a contract supported by <br /> CLFRF funds, if that employee, officer or agent has a real or apparent conflict of interest. <br /> Conflicts of interest arise if the employee, officer, agent, the immediate family member of <br /> such a person, the partner of such a person, or an organization which employees such a <br /> person or is about to employs such a person, has any financial or other interest in or may gain <br /> a tangible personal benefit from a firm considered for contract. Such officers, employees, or <br /> agents of-the SUB-RECIPIENT may not solicit nor accept anything of monetary value from <br /> contractors or subcontractors, unless it is an unsolicited gift of nominal value which would in <br /> no way influence the recipient to engage in conduct which would amount to a conflict of <br /> interests. The written standards shall also include standards of conduct covering <br /> organizational conflicts of interest, in which the SUB-RECIPIENT may be unable or appears to <br /> be unable to be impartial in conducting procurement actions due to relationships between <br /> the SUB-RECIPIENT and relationships with a parent company, affiliate, or subsidiary <br /> organization. The written standards provided by the SUB-RECIPIENT will include disciplinary <br /> actions to be applied for violations of such standards. <br /> 12 <br />