Default Allocation Assessment – shall have the meaning ascribed to it under the PJM Agreements. You cannot engage in other employment or business activities, including personal investments, which interfere with your duties to CBRE Clarion, divides your loyalty to CBRE Clarion, or creates the appearance of a conflict of interest.ĬMC means Comprehensive maintenance Contract (labour, spare and preventive maintenance)ĭirector-General means the Director-General of the Department ĬMO means a contract manufacturing organization.ĭS Electric generation service that is provided at retail pursuant to the Applicable Legal Authorities under the Company’s retail electric tariffs and under any other agreements or arrangements between the Company and Customers, to any Customer that is not being served by an EGS. The 30-day minimum holding period applies to your transactions in your CBRE Clarion 401k and any similar securities account.
You are expected to understand and abide by this Code as a condition of your association with CBRE Clarion. However, one factor that is common to all conflict of interest situations is the possibility that your actions or decisions will be affected because of actual or potential differences between your own personal interests and the interests of CBRE Clarion, our affiliates, or our clients. In fact, the activity or situation may not even result in any gain to you or CBRE Clarion. In addition to information related to clients and investors, the information generated and utilized by CBRE Clarion is considered confidential, proprietary information. Investment personnel and CBRE Clarion may make reasonable estimations of future earnings, funds from operations, dividends and other items if the statistics are clearly labeled as estimates or projections and are based on reasonable information.Īs a representative of CBRE Clarion, it is understood that you will act with integrity and good faith. This Code applies to you if you are an employee, officer, director, or independent contractor working for CBRE Clarion or any its subsidiaries. You and members of your immediate family cannot engage in any transaction which involves CBRE Clarion if you or the member of your family has a substantial interest in the transaction or can benefit directly or indirectly from the transaction (other than through your normal compensation).