Common use of Fee for egregious failures Clause in Contracts

Fee for egregious failures. In cases involving failures that are egregious, the maximum compliance correction fee applicable to the plan is increased to 40 percent of the Total Sanction Amount and no presumptive amount applies.

Fee for egregious failures. In cases involving failures that are egregious, the maximum compliance correction fee applicable ap- plicable to the plan is increased to 40 percent per- cent of the Total Sanction Amount and no presumptive amount applies.