Common use of Security Committee Clause in Contracts

Security Committee. (1) This Com- mittee consists of the General Counsel, as Chairperson, the Security Officer, and other Bank employees, as des- ignated by the President and Chairman (hereinafter referred to as the Chair- man) and is responsible for the imple- mentation and enforcement of the Order and the Directive. This Com- mittee will act on all matters with re- spect to the Bank’s administration of these regulations. (2) All suggestions and complaints re- ▇▇▇▇▇▇▇ the Bank’s Information Secu- rity Program, including those regard- ing over-classification, failure to de- classify, or delay in declassifying, not otherwise provided for herein, shall be referred to the Security Committee for review. (3) The Security Committee shall have responsibility for recommending to the Chairman appropriate adminis- trative action to correct abuse or vio- lation of these regulations or of any provision of the Order or Directive thereunder, including but not limited to notification by warning letter, for- mal suspension without pay, and re- moval. Upon receipt of such a rec- ommendation, the Chairman shall make a decision and advise the Secu- rity Committee of this action.