Common use of The Consequences Clause in Contracts

The Consequences. The consequences of xxxxxxx xxxxxxx 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;

The Consequences. The consequences of xxxxxxx xxxxxxx 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 xxxxxxx ixxxxxx xxxxxxx 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: