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1996 Olympics EXECUTIVE OFFICE OF THE PRESIDE 20-May-1996 12:39pm TO: Janice A. Enright FROM: Thomas A. Shea Office of the Chief of Staff SUBJECT: Olympics Here are the basic rules on acceptance of gifts by eop employees that are most pertinent to the Olympic Tix issue: Gifts from Outside Sources and the 1996 Olympics An employee shall not, directly or indirectly, solicit or accept a gift from a prohibited source or a gift given because of the employee's official position. A gift is solicited or accepted because of the employee's official position if it would not have been offered or given had the employee not held his position. A gift given indirectly includes any gift given with the knowledge of an employee to the employee's relative because of the person's relationship to the employee or any gift given to a person or organization on the basis of any specification by the employee. Definitions: Gift includes any gratuity, favor, discount, entertainment, hospitality, loan, forbearance or other item having monetary value. It does not include anything for which market value is paid by the employee. Market Value is the retail cost that the employee would incur to purchase the gift. It can be ascertained by estimating the market value by reference to the retail cost of a similar item of like quality. Additionally, the market value of a gift of a ticket that entitles the holder to any benefit such as food and entertainment shall be the face value of the ticket. Prohibited Source includes any person who is seeking official action by the employee's agency, does business or seeks to do business with the employee's agency, conducts activities that are regulated by the employee's agency, has interested that may be substantially affected by the performance or non-performance of the employee's official duties, or who is an organization the majority of whose members are described above.