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D. Conduct <br /> 1. Assignability <br /> The Subrecipient shall not assign or transfer any interest in this contract without <br /> the prior written consent of the City thereto; provided, however, that claims for <br /> money due or to become due to the Subrecipient from the City under this contract <br /> may be assigned to a bank, trust company, or other financial institution without <br /> such approval. Notice of any such assignment or transfer shall be furnished <br /> promptly to the City. <br /> 2. Hatch Act <br /> The Subrecipient agrees that neither funds provided, nor personnel employed <br /> under this contract, shall be in any way or to any extent engaged in the conduct of <br /> political activities in violation of Chapter 15 of Title V United States Code. <br /> 3. Conflict of Interest <br /> The Subrecipient agrees with respect to conflict of interest and covenants that it <br /> presently has no financial interest and shall not acquire any financial interest, <br /> direct or indirect, which would conflict in any manner or degree with the <br /> performance of services required under this contract. The Subrecipient further <br /> covenants that in the performance of this contract no person having such a <br /> financial interest shall be employed or retained by the Subrecipient hereunder. <br /> These conflict of interest provisions apply to any person who is an employee, <br /> agent, consultant, officer, or elected official or appointed official of the City, or of <br /> any designated public agencies or Subrecipients which are receiving funds from <br /> the City of Decatur. <br /> The Subrecipient further agrees to provide the City with a list of its current Board <br /> members and notify the City in writing within five (5) business working days if, <br /> during the course of this contract, any changes in Board membership occurs. <br /> However, it would be to the benefit of the Subrecipient to notify the City in <br /> advance with names of potential persons being considered for any office or <br /> position within the organization to relieve the Subrecipient of impending conflict <br /> of interest concerns. <br /> 4. Subcontracts <br /> a. Approvals <br /> The Subrecipient shall not enter into any subcontracts with any agency <br /> or individual in the performance of this contract without the written <br /> consent of the City prior to execution of such agreement. <br /> Subrecipient Agreement(Rev. 2/18/14) Page 12 of 16 <br />