The Consequences Clause Samples
The Consequences clause outlines the specific outcomes or actions that will result if certain conditions or breaches occur under the agreement. Typically, this clause details what remedies, penalties, or next steps are triggered if a party fails to meet its obligations, such as payment of damages, termination of the contract, or other corrective measures. Its core practical function is to clearly establish what happens in the event of non-compliance, thereby providing certainty and helping to manage risk for all parties involved.
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The Consequences. The consequences of ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ violations can be severe. The following are examples under U.S. law applicable to the Company: For individuals who trade on inside information (or tip information to others): · a civil penalty of up to three times the profit gained or loss avoided; · a criminal fine (no matter how small the profit) of up to $5 million; and · a jail term of up to twenty years. For a company (as well as possibly any supervisory person) that fails to take appropriate steps to prevent illegal trading:
The Consequences. The consequences of ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ violations can be substantial: For Individuals who trade on inside information (or tip information to others): • A jail term of up to 20 years (30 years in certain circumstances); • A civil penalty of up to three times the profit gained or loss avoided; and • A criminal fine (no matter how small the profit) of up to $5 million. For a company (as well as possibly any supervisory person) that fails to take appropriate steps to prevent illegal trading: • A civil penalty of the greater of $1 million or three times the profit gained or loss avoided as a result of the Individual’s violation; and • A criminal penalty of up to $25 million. In addition, plaintiffs may claim that Individuals or the Company are also liable to contemporaneous traders. Further, if the Company has a reasonable basis to conclude that an employee has violated the Company’s ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ and communications policy, whether or not knowingly, the Company may impose sanctions, including dismissal for cause. Needless to say, any of the above consequences, even an SEC investigation that does not result in prosecution, can tarnish one’s reputation (as well as the Company’s) and irreparably damage a career. Finally, the size of a transaction has no impact on potential ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ liability. In the past, even relatively small trades (e.g., trades as small as $400) have resulted in SEC investigations and lawsuits.
The Consequences. As with victims of child pornography, little is known about the consequences for children of seeing sexually explicit content. Research with adults has indicated an effect on behaviour and attitudes. However, because of ethical issues with regards to conducting similar research on youngsters, the impact of such content on children and young people is not a well researched area.
The Consequences. If you fail to follow any of the above guidelines, a member of the Garden Committee will contact you and give you (time usually from 1-2 weeks) to correct the problem. If you do not respond, your plot will be considered abandoned. Plantings will be removed from abandoned plots or harvested for charity and the gardener will not be eligible to return the following year.
The Consequences. If you fail to follow any of the above guidelines, a member of the Garden Committee will contact you and give you (time usually from 1-2 weeks) to correct the problem. If you do not respond, your plot will be considered abandoned. Plantings will be removed from abandoned plots or harvested for charity and the gardener will not be eligible to return the following year.