Corrective Plan Sample Clauses

Corrective Plan. At the conclusion of the meeting, a written plan to correct the violation(s), the assistance to be provided by the administration if appropriate, and a set time period in which to achieve such corrections shall be included as part of the document.
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Corrective Plan. If the Executive Director determines, in his or her sole discretion, that the School is not progressing toward one or more of the performance goals set forth in the Accountability System, or that the School is not in compliance with the terms and conditions of the Charter, Indiana Charter Board policy, or any applicable State or Federal law, the Executive Director shall notify the Organizer in writing of, and give the Organizer a reasonable time, which shall not be less than fifteen (15) business days, to show cause why the Charter should not be revoked and/or a written proposal addressing the Organizer’s plan to remedy the deficiencies (the “Corrective Plan”). The Executive Director may accept or modify the Organizer’s proposed Corrective Plan, and/or order any other corrective action that the Executive Director considers necessary. Nothing in this Section may be considered a limitation on the Indiana Charter Board’s ability to revoke the Charter in accordance with Section 9.3.
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Corrective Plan. If the Executive Director determines, in his or her sole discretion, that a School is not progressing toward one or more of the performance goals set forth in the Accountability System, or that a School is not in compliance with the terms and conditions of the Charter, Indiana Charter Board policy, or any applicable State or Federal law, the Executive Director shall notify the Organizer in writing of, and give the Organizer a reasonable time, which shall not be less than fifteen (15) business days, to show cause why the Charter should not be revoked, or why an individual School should not be closed, and/or a written proposal addressing the Organizer’s plan to remedy the deficiencies (the “Corrective Plan”). The Executive Director may accept or modify the Organizer’s proposed Corrective Plan, and/or order any other corrective action that the Executive Director considers necessary. Nothing in this Section may be considered a limitation on the Indiana Charter Board’s ability to revoke the Charter in accordance with Section 9.3.
Sample 1
Corrective Plan. (i) In the event of a Project P Excess Cost Overrun or a Project S Excess Cost Overrun (each, an “Excess Cost Overrun”), the following terms and conditions shall apply:
Sample 1

Related to Corrective Plan

  • Corrective Action Plan Within fifteen (15) Business Days following the establishment of the Joint Remediation Committee, the Purchasers, in consultation with the Sellers, shall prepare and submit to the Joint Remediation Committee an initial draft of the Corrective Action Plan. The parties shall work in good faith through the Joint Remediation Committee to finalize the Corrective Action Plan within fifteen (15) Business Days of the Purchasers’ submission of the initial draft of the Correct Action Plan. At the end of such period, if the Sellers reasonably determine that the Corrective Action Plan proposed by the Purchasers (as may be modified over the course of such period) would not reasonably be expected to satisfactorily address the Major Default, then the Sellers may escalate the issue to the Head of Commercial Capital (or equivalent leader of any successor business unit) of the Seller Group and the Chief Executive Officer of the Bank Assets Purchaser (the “Senior Executives”) and the Senior Executives shall work collaboratively (including with the Joint Remediation Committee) to develop a mutually agreeable Corrective Action Plan within fifteen (15) Business Days.

  • Corrective Action Despite its right to terminate this Agreement pursuant to this Article, the LHIN may choose not to terminate this Agreement and may take whatever corrective action it considers necessary and appropriate, including suspending Funding for such period as the LHIN determines, to ensure the successful completion of the Services in accordance with the terms of this Agreement.

  • Transition Plan In the event of termination by the LHIN pursuant to this section, the LHIN and the HSP will develop a Transition Plan. The HSP agrees that it will take all actions, and provide all information, required by the LHIN to facilitate the transition of the HSP’s clients.

  • Business Continuity Plan The Warrant Agent shall maintain plans for business continuity, disaster recovery, and backup capabilities and facilities designed to ensure the Warrant Agent’s continued performance of its obligations under this Agreement, including, without limitation, loss of production, loss of systems, loss of equipment, failure of carriers and the failure of the Warrant Agent’s or its supplier’s equipment, computer systems or business systems (“Business Continuity Plan”). Such Business Continuity Plan shall include, but shall not be limited to, testing, accountability and corrective actions designed to be promptly implemented, if necessary. In addition, in the event that the Warrant Agent has knowledge of an incident affecting the integrity or availability of such Business Continuity Plan, then the Warrant Agent shall, as promptly as practicable, but no later than twenty-four (24) hours (or sooner to the extent required by applicable law or regulation) after the Warrant Agent becomes aware of such incident, notify the Company in writing of such incident and provide the Company with updates, as deemed appropriate by the Warrant Agent under the circumstances, with respect to the status of all related remediation efforts in connection with such incident. The Warrant Agent represents that, as of the date of this Agreement, such Business Continuity Plan is active and functioning normally in all material respects.

  • Plan The Award and all rights of the Participant under this Agreement are subject to the terms and conditions of the provisions of the Plan, incorporated herein by reference. The Participant agrees to be bound by the terms of the Plan and this Agreement. The Participant acknowledges having read and understanding the Plan, the Prospectus for the Plan, and this Agreement. Unless otherwise expressly provided in other sections of this Agreement, provisions of the Plan that confer discretionary authority on the Board or the Administrator do not (and shall not be deemed to) create any rights in the Participant unless such rights are expressly set forth herein or are otherwise in the sole discretion of the Board or the Administrator so conferred by appropriate action of the Board or the Administrator under the Plan after the date hereof.

  • Management Incentive Plan “Management Incentive Plan” shall mean the Company’s bonus program, as implemented by the Company’s board of directors from time to time and pursuant to which the Executive may receive incentive-based compensation at fiscal year end.

  • Compensation Plan The Compensation Plan adopted by the City Council shall provide for salary schedules, rates, ranges, steps and any other special circumstances or items related to the total compensation paid employees. Each position within the classified services shall be allocated to its appropriate class in the classification plan on the basis of duties and responsibilities. Each class shall be assigned a salary range or a rate established in the salary plan. All persons entering the classified service shall be compensated in accordance with the salary plan then in effect.

  • 401(k) Plan The Company presently offers its employees a 401k plan with a Company match to be determined annually by the Compensation Committee of the Board of Directors. You may elect to contribute pre-tax deferrals through payroll deduction pursuant to the terms of the 401k plan.

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