Violation of Policy Violation of this policy may result in corrective action under the Student Code of Conduct or campus human resource policies.
A "Material Policy Violation" is defined as a material violation of a Company policy relating to the research, development, manufacturing, sales, or marketing of Company products.
The Code of Ethics Personal Trading Policy Violation Sanctions Guidelines is included under Appendix III.
Procedures in the Event of a Legal or Policy Violation or Concern: Company Representatives must promptly report violations of laws, rules, regulations or the Corporate Ethics Policy to appropriate personnel as indicated below.
If the Optionee has a Termination of Employment for Cause due solely to a Policy Violation, any Options vested on the date of the Optionee's Termination of Employment may be exercised not later than the 90th day following the Optionee's Termination of Employment (but not beyond the Expiration Date).