Common use of Serious Misconduct or Indiscipline Clause in Contracts

Serious Misconduct or Indiscipline. Depending on the seriousness of the misconduct or indiscipline, the Bank may either:- (i) give the employee a written warning; or (ii) suspend the employee without pay for a period not exceeding seven

Serious Misconduct or Indiscipline. Depending on the seriousness of the misconduct or indiscipline, the Bank may either:- (i) give the employee a written warning; or (ii) suspend the employee without pay for a period not exceeding sevenseven (7) working days; or (iii) defer increment for a period not exceeding six (6) months; or (iv) stop increment for which the employee is eligible not exceeding two (2) years; or (v) terminate the services of the employee by giving one (1) month's notice or pay in lieu; or (vi) dismiss the employee summarily.