Define: Personal Relationship

How is Personal Relationship defined in a legal contract?

• Personal Relationship means an ongoing romantic or intimate affair that is not limited to a partnership or significant other. This is regardless of gender or sexual orientation and does not extend to friend or acquaintances who are not within the purview of personal relationships. Seen in 26 SEC filings
• Personal Relationship means a close and significant connection that is likely to induce favoritism. It is presumed to exist between family members, and other relationships must be assessed individually with due regard given to the employee's own view. Seen in 13 SEC filings
• Personal Relationship means a relationship between friends, with the extension that a friend of a family member is also regarded as a friend to the individual. Seen in 11 SEC filings
• Personal Relationship means a platonic or non-platonic relationship between a certified individual and a party. Seen in 6 SEC filings
• Personal Relationship means any close relationship of a personal nature that is likely to influence an employee's professional objectivity, such as a family, romantic, business or professional relationship derived from a personal activity. Seen in 6 SEC filings
• Personal Relationship means any association of a sexual or other intimate nature, that could be in person or remotely, such as through social media, email or messaging. Seen in 6 SEC filings
• Personal Relationship means relatives by blood or marriage, relationships backed by legal bonds, or any social or professional relationship with the potential to influence an employee's objectivity or judgement when carrying out a task involving the person they share a personal relationship with. Seen in 5 SEC filings

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of personal relationship' yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

• Personal Relationship means a close, significant, romantic, intimate, or platonic connection likely to influence professional objectivity or judgement.

Relevant Contract Types

• Employment Contract
• Confidentiality Agreement
• Partnership Agreement
• Non-Disclosure Agreement

Relevant Circumstances

• When hiring new employees
• In negotiations and collaborative efforts with third-party entities
• When partnerships or joint ventures are established
• If conflicts of interest are possible

Relevant Sectors

• Human Resources
• Business Consultancy

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Genie Definition 2

• Personal Relationship means a familial or legal association presumably inducing partiality.

Relevant Contract Types

• Conflict of Interest Policy
• Code of Conduct
• Consulting Agreement

Relevant Circumstances

• In compliance documentation and requirements
• When managing relationships between directors or executives
• If there's potential for influence in decision-making due to personal affiliations

Relevant Sectors

• Corporate Governance
• Legal Compliance

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