VIOLATIONS OF STANDARDS Sample Clauses

VIOLATIONS OF STANDARDS. Employees, officers and directors must immediately report any violations of the Standards or any violation of any applicable law, rule or regulation. Failure to do so can have serious consequences for the employees, officers or directors and for Biovail. Employees, officers and directors, should report violations to their supervisors and/or to the Human Resources department and to the SLO or to any secure reporting hotline the company may have contracted with. When in doubt, employees should talk to their supervisors or other appropriate personnel to determine the best course of action in a particular situation. Supervisors and the Human Resources group have the responsibility to promptly and thoroughly investigate all reports, and to report violations to the SLO. After a violation is investigated, appropriate action will be taken promptly. Management has the right to determine the appropriate disciplinary action for a violation up to and including termination of employment. All proposed disciplinary action is subject to review by senior Management, Human Resources and the SLO. Employees, officers and directors should be aware that, in addition to any disciplinary action taken by Biovail, violations of certain Standards may require restitution and may lead to civil or criminal action against individual employees, officers and directors and any corporation involved. Supervisors have the responsibility of taking remedial steps to correct any operating procedures that may contribute to violations of Standards. Retaliation in any form against an individual who reports a violation of these Standards of Business Conduct or of any law, rule or regulation in good faith, or who assists in the investigation of a reported violation, is itself a serious violation of this policy. Acts of retaliation will be disciplined appropriately and should be reported immediately to your supervisor or Human Resources.
AutoNDA by SimpleDocs
VIOLATIONS OF STANDARDS. A. Employees, officers and directors must immediately report any violations of the Standards. Failure to do so can have serious consequences for the employees, officers or directors and the Corporation.
VIOLATIONS OF STANDARDS. If at any time a Party believes that the other Party’s use of the licensed Marks fails to conform to the standards set forth in this Article 5, then the complaining Party shall so notify the non-complaining Party, as the case may be, in writing. Upon receipt of such written notification, the non-complaining Party shall promptly cure such failure or violation unless, in attempting to cure such failure or violation, the non-complaining Party reasonably determines that no failure or violation occurred. Should the non-complaining Party fail to cure a failure or violation within thirty (30) days of receipt of a notification under this Section 5.4(d) after having taken commercially reasonable steps to do so, the complaining Party may, in its sole discretion, grant the non-complaining Party, as the case may be, an additional thirty (30) calendar days to cure such failure or violation. Should the non-complaining Party not concur with the complaining Party’s belief that the non-complaining Party’s use of said Xxxxx fails to conform to the standards set forth in this Article 5, then the complaining Party may invoke the Arbitration Procedure set forth in Section 12.9 of this Agreement.
VIOLATIONS OF STANDARDS. VIOLATION OF ANY OF THESE STANDARDS SHALL BE A MATERIAL AND IRREPARABLE VIOLATION AND BREACH OF THE LEASE AND SHALL CONSTITUTE GOOD CAUSE FOR TERMINATION OF THE LEASE.

Related to VIOLATIONS OF STANDARDS

  • Violations of Law (1) The Board shall immediately take all necessary steps to ensure that Bank management corrects each violation of law, rule or regulation cited in the XXX and in any subsequent Report of Examination. The quarterly progress reports required by Article II of this Agreement shall include the date and manner in which each correction has been effected during that reporting period.

  • Compliance with Applicable Laws, Rules and Regulations The Dealer Manager represents to the Company that (a) it is a member of FINRA in good standing, and (b) it and its employees and representatives who will perform services hereunder have all required licenses and registrations to act under this Agreement. With respect to its participation and the participation by each Participating Dealer in the offer and sale of the Offered Shares (including, without limitation, any resales and transfers of Offered Shares), the Dealer Manager agrees, and, by virtue of entering into the Participating Dealer Agreement, each Participating Dealer shall have agreed, to comply with any applicable requirements of the Securities Act and the Exchange Act, applicable state securities or blue sky laws, and, specifically including, but not in any way limited to, NASD Conduct Rules 2340 and 2420, and FINRA Conduct Rules 2310, 5130 and 5141.

Time is Money Join Law Insider Premium to draft better contracts faster.