The Consequences Sample Clauses

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:
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The Consequences. The consequences of xxxxxxx xxxxxxx 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 xxxxxxx xxxxxxx 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 xxxxxxx xxxxxxx liability. In the past, even relatively small trades (e.g., trades as small as $400) have resulted in SEC investigations and lawsuits.
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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.
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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.
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The Consequences. The consequences of xxxxxxx xxxxxxx violations can be staggering: 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;
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Related to The Consequences

  • Tax Consequences It is intended that the Merger shall constitute a “reorganization” within the meaning of Section 368(a) of the Code, and that this Agreement shall constitute a “plan of reorganization” for purposes of Sections 354 and 361 of the Code.

  • Consequences The consequences for the Contractor’s failure to implement its affirmative action plan or make a good faith effort to do so include, but are not limited to, suspension or revocation of a certificate of compliance by the Commissioner, refusal by the Commissioner to approve subsequent plans, and termination of all or part of this Contract by the Commissioner or the State.

  • No adverse consequences (a) It is not necessary under the laws of its jurisdiction of incorporation:

  • Exclusion of Consequential Damages ‌ Notwithstanding anything contained herein to the contrary, neither Party will be liable under this Agreement or under any cause of action relating to the subject matter of this Agreement for any special, indirect, incidental, punitive, exemplary or consequential damages, including loss of profits, loss of use of any property or claims of customers or contractors of the Parties for any such damages.

  • Determination of Adverse Consequences The Parties shall take into account the time cost of money (using the Applicable Rate as the discount rate) in determining Adverse Consequences for purposes of this Section 8. All indemnification payments under this Section 8 shall be deemed adjustments to the Purchase Price.

  • Special Tax Consequences The Participant acknowledges that, to the extent that the aggregate Fair Market Value (determined as of the time the Option is granted) of all shares of Stock with respect to which Incentive Stock Options, including the Option, are exercisable for the first time by the Participant in any calendar year exceeds $100,000, the Option and such other options shall be Non-Qualified Stock Options to the extent necessary to comply with the limitations imposed by Section 422(d) of the Code. The Participant further acknowledges that the rule set forth in the preceding sentence shall be applied by taking the Option and other “incentive stock options” into account in the order in which they were granted, as determined under Section 422(d) of the Code and the Treasury Regulations thereunder.

  • No Guarantee of Tax Consequences The Company, Board and Committee make no commitment or guarantee to Participant that any federal, state or local tax treatment will apply or be available to any person eligible for benefits under this Award Agreement and assumes no liability whatsoever for the tax consequences to Participant.

  • Disclaimer of Consequential Damages Notwithstanding any provision to the contrary, in no event shall any Party be liable to another Party for any incidental, consequential, special, exemplary or indirect damages, lost business profits or lost data arising out of or in any way related to the Contract Documents.

  • Limitation of Consequential Damages EXCEPT FOR (A) THIRD PARTY CLAIMS THAT ARE SUBJECT TO INDEMNIFICATION UNDER THIS ARTICLE 10, (B) CLAIMS ARISING OUT OF A PARTY’S WILLFUL MISCONDUCT OR FRAUD UNDER THIS AGREEMENT, (C) A PARTY’S BREACH OF ARTICLE 4, (D) NOVARTIS’ BREACH OF SECTION 6.5, OR (E) CLAIMS ARISING OUT OF A PARTY’S BREACH OF ITS CONFIDENTIALITY OBLIGATIONS UNDER THIS AGREEMENT, NEITHER PARTY NOR ANY OF ITS AFFILIATES WILL BE LIABLE TO THE OTHER PARTY TO THIS AGREEMENT OR ITS AFFILIATES FOR ANY INCIDENTAL, CONSEQUENTIAL, SPECIAL, PUNITIVE OR OTHER INDIRECT DAMAGES OR LOST OR IMPUTED PROFITS OR ROYALTIES, LOST DATA OR COST OF PROCUREMENT OF SUBSTITUTE GOODS OR SERVICES, WHETHER LIABILITY IS ASSERTED IN CONTRACT, TORT (INCLUDING NEGLIGENCE AND STRICT PRODUCT LIABILITY), INDEMNITY OR CONTRIBUTION, AND IRRESPECTIVE OF WHETHER THAT PARTY OR ANY REPRESENTATIVE OF THAT PARTY HAS BEEN ADVISED OF, OR OTHERWISE MIGHT HAVE ANTICIPATED THE POSSIBILITY OF, ANY SUCH LOSS OR DAMAGE.

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