Rewards and Penalties Sample Clauses

Rewards and Penalties. 5.1 Executives should abide by the provisions of the company law including attendance management system, various rules and regulations. The Executive shall keep his Personal phone open 24 hours per day, ensure unblocked communication at any time, and maintain effective communication with business contactor and overseas investors. Otherwise, the Executive will be punished pursuant to regulations of the Company. Meanwhile, the Chief Executive Officer would report to the company chairman directly.
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Rewards and Penalties. 5.1 Executives should abide by the provisions of the company law including attendance management system, various rules and regulations. The Executive shall keep his/her Personal phone open 24 hours per day, ensure unblocked communication at any time, and maintain effective communication with business contactor and overseas investors. Otherwise, the Executive will be punished pursuant to regulations of the Company. Meanwhile, the Chief Executive Officer would report to the company chairman directly.
Rewards and Penalties. 54. In case of any breach by Party B, Party A may exercise any one or more of the following rights: (i) to require Party B to immediately correct its breach, take corrective action within a prescribed period of time, and make public apologies to media and customers; (ii) to suspend the approval of Party B’s new business; (iii) to postpone or withhold the settlement with Party B; and (iv) to collect liquidated damages from Party B. In case of extraordinarily serious breach by Party B (such as those resulting in customer complaints to the level of Ministry of Industry and Information Technology or administration of communications, media exposure or lawsuits, etc.), Party A may immediately terminate this Agreement. 55. If Party B commits any act damaging the interest of Party A’s users during the term of this Agreement, including but not limited to: (1) releasing any content endangering the state security or disseminating any reactionary, pornographic, superstitious, crime or illegal information; (2) using any virus, malicious software or plug-in to charge and collect fees; (3) collecting call charges from Party A’s users without any prompt; (4) blocking any charge reminder in SMS which should be received by Party A’s users; (5) committing any breach resulting in complaint of customer to the Ministry of Industry and Information Technology or the communications administrative authority, or media exposure or any legal action; (6) cracking the game package without authorization, including, but not limited to, implanting content or code on its own, implanting advertisements and conducting other activities that harm the interests of China Mobile or China Mobile’s users. (7) unilaterally promoting business by placing the customized channel package in the non-corresponding channel. (8) any unusual issue with respect to the business operation data, such as business income and number of paid users; then Party A may hold the settlement, and deduct and withhold the amount of information fee payable to Party B for the involved service. As per the severity of Party B’s breach, Party A may claim liabilities for breach of contract against Party B, fully deduct the unsettled amount and charge the liquidated damages, and terminate the cooperation with Party B. As the ultimately responsible party, Party B shall properly settle the customer complaints. 56. If there are a large number of customer complaints relating to Party B’s service during the term of this Agreement, and the...
Rewards and Penalties. 4.1 The CEO shall abide by various rules and regulations stipulated by the Company under the law. 4.2 Without written consent of the Company, the CEO shall not accept money, gift or any other kinds of benefits from any customer, collaborating company or other related company. 4.3 The CEO shall serve the Company faithfully and competently during the Term of Employment, and the Company will not permit the CEO to engage in any other job during the Term of Employment. 4.4 The Company shall impose penalties on the CEO pursuant to regulations of the Company, if the CEO violates the Company's rules or regulations.
Rewards and Penalties. 5.1. Executive shall abide by various rules and regulations stipulated by the Company under the law. 5.2. Without written consent of the Company, Executive shall not accept money, gift or any other kinds of benefits from any customer, collaborating company or other related company. 5.3. Executive shall serve the Company faithfully and competently during the term of employment, and the Company will not permit Executive to engage in any other job during the term of employment. 5.4. The Company shall impose penalties on Executive pursuant to regulations of the Company, if Executive violates the Company’s rules or regulations.
Rewards and Penalties. This will be discussed and agreed between both the Parties, simultaneously with the determination of KPIs and will be provided as Annexure 3 to this SOW. Parties will periodically review and update the KPls through mutual agreement; not all KPls may necessarily have an incentive or penalty. Rewards and Penalities shall be capped to an overall maximum of +/- 7% of the month billing.
Rewards and Penalties. Article 55: In case of any breach by Party B, Party A may exercise any one or more of the following rights: (i) to require Party B to immediately correct its breach, take corrective action within a prescribed period of time, and make public apologies to media and customers; (ii) to suspend the approval of Party B's new business; (iii) to postpone or withhold the settlement with Party B; and (iv) to collect penalty fines from Party B. In case of extraordinarily serious breach by Party B (such as those resulting in customer complaints to the level of the Ministry of Industry and Information Technology or administration of communications, media exposure or lawsuits, etc.), Party A may immediately terminate this Agreement.
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Rewards and Penalties. 1. In case of any breach by Party B, Party A may exercise any one or more of the following rights: (i) to require Party B to immediately correct its breach, take corrective action within a prescribed period of time, and make public apologies to media and customers; (ii) to suspend the approval of Party B’s new business; (iii) to postpone or withhold the settlement with Party B; and (iv) to collect penalty fines from Party B. In case of extraordinarily serious breach by Party B (such as those resulting in customer complaints to the level of Ministry of Industry and Information Technology or administration of communications, media exposure or lawsuits, etc.), Party A may immediately terminate this Agreement. 2. Party A shall consider giving priority to Party B in renewing this Agreement under the same conditions if Party B has effectively implemented the relevant contents hereunder and the annual average rate of customer complaints against Party B’s services is low. 3. Party B shall not send any information to any customers owing information fee of game business, or allow such customers to request information for any other customer. If Party B knowingly sends information to such customer owing information fee, or allowing such customer to continue using the game business, Party A may claim compensation from Party B for any economic loss arising from the outstanding information fee, and may terminate this Agreement.
Rewards and Penalties. 5.1 The CFO shall abide by various rules and regulations stipulated by the Company under the law. 5.2 Without written consent of the Company, the CFO shall not accept money, gift or any other kinds of benefits from any customer, collaborating company or other related company. 5.3 The CFO shall serve the Company faithfully and competently during the Term of Employment, and the Company will not permit the CFO to engage in any other job during the Term of Employment. 5.4 The Company shall impose penalties on the CFO pursuant to regulations of the Company, if the CFO violates the Company's rules or regulations.
Rewards and Penalties. 4.1 The VP/COO shall abide by various rules and regulations stipulated by the Company under the law. 4.2 Without written consent of the Company, the VP/COO shall not accept money, gift or any other kinds of benefits from any customer, collaborating company or other related company. 4.3 The VP/COO shall serve the Company faithfully and competently during the Term of Employment, and the Company will not permit the VP/COO to engage in any other job during the Term of Employment. 4.4 The Company shall impose penalties on the VP/COO pursuant to regulations of the Company, if the VP/COO violates the Company's rules or regulations.
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