Common use of Consequences of Violation Clause in Contracts

Consequences of Violation. If the Company determines that Recipient has engaged in an action prohibited by Section 4.2 below, then:

Appears in 15 contracts

Samples: Schnitzer Steel (Schnitzer Steel Industries, Inc.), Schnitzer Steel (Schnitzer Steel Industries, Inc.), Schnitzer Steel (Schnitzer Steel Industries, Inc.)

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Consequences of Violation. If the Company determines that Recipient has engaged in an action prohibited by Section 4.2 2(b) below, then:

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Schnitzer Steel Industries Inc), Restricted Stock Unit Award Agreement (Schnitzer Steel Industries Inc)

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