Possible Sanctions Clause Samples
The 'Possible Sanctions' clause defines the types of penalties or disciplinary actions that may be imposed if a party breaches the agreement or fails to comply with its terms. This clause typically outlines a range of consequences, such as fines, suspension of services, or termination of the contract, depending on the severity of the violation. By clearly specifying the potential repercussions for non-compliance, the clause serves to deter misconduct and provides a transparent framework for addressing breaches, thereby promoting accountability and fairness in the contractual relationship.
Possible Sanctions. Violation of this agreement could involve penalties, up to and including, relationship and/or agreement termination, and civil and criminal prosecution in accordance to NYS Law.
Possible Sanctions. 13.6.1. A written warning from WVARR concerning the negative effect of failing to report; or,
13.6.2. A 30-60-day probationary period in which the WVARR accredited residence, member, or Organization would be required to maintain weekly communication with WVARR to ensure no further incidents have occurred; or,
13.6.3. The suspension or termination of WVARR certification for a period of time that would be determined appropriate by the WVARR staff and board of directors.
Possible Sanctions. Any late or delinquent Form 4 filings are required to be reported in the Company's proxy statement. In addition, the SEC has been granted broad authority to seek “any equitable relief that may be appropriate or necessary for the benefit of investors” for violations of any provision of the federal securities laws. Such relief could take the form of SEC enforcement proceedings that result in civil or criminal penalties, including monetary fines and imprisonment in particularly egregious cases.
Possible Sanctions. Violation of any of the securities laws described in this Policy Statement may result in the institution of a prosecution or an SEC enforcement proceeding against the individual and the Company, or both. Some of the possible penalties for individuals who trade on inside information include:
Possible Sanctions. Violation of this agreement could involve penalties, up to and including, relationship and/or agreement termination, and civil and criminal prosecution in accordance to NYS Law. Consultant Signature: ____________________________________________________________________ _______________________ Consultant Name: ____________________________________ PRINT NAME Title: ___________________________________ Date: ___________________________ NYSDOT/WJCTC Signature:__________________________________ TASK ASSIGNMENT MANAGER NYSDOT/WJCTC Name: ____________________________________ PRINT NAME Title: ________________________________________________________________________________________________________ Date: __________ Attachment 15. Sample Task Assignment Request