Common use of Stipulated Penalties for Failure to Comply with Certain Obligations Clause in Contracts

Stipulated Penalties for Failure to Comply with Certain Obligations. As a contractual remedy, LFAC and OIG hereby agree that failure to comply with certain obligations set forth in this IA may lead to the imposition of the following monetary penalties (hereinafter referred to as “Stipulated Penalties”) in accordance with the following provisions. 1. A Stipulated Penalty of $1,000 (which shall begin to accrue on the day after the date the obligation became due) per obligation for each day LFAC fails to establish, implement or comply with any of the following obligations as described in Section III: a. post a notice in accordance with the requirements of Section III.A; b. complete the training required for LFAC and Covered Persons and maintain training records, in accordance with the requirements of Section III.B; c. screen Covered Persons in accordance with the requirements of Section III.D; require Covered Persons to disclose if they are excluded in accordance with the requirements of Section III.D; or maintain copies of print screens from search results to demonstrate the required screening has been performed in accordance with the requirements of Section III.D; d. notify OIG of a government investigation or legal proceeding, in accordance with the requirements of Section III.E; e. repay any Overpayments as required by Section III.F and Appendix B; f. report a Reportable Event in accordance with Section III.G; or

Appears in 2 contracts

Sources: Integrity Agreement, Integrity Agreement

Stipulated Penalties for Failure to Comply with Certain Obligations. As a contractual remedy, LFAC ▇▇▇▇▇▇ and OIG hereby agree that failure to comply with certain obligations set forth in this IA may lead to the imposition of the following monetary penalties (hereinafter referred to as “Stipulated Penalties”) in accordance with the following provisions. 1. A Stipulated Penalty of $1,000 (which shall begin to accrue on the day after the date the obligation became due) per obligation for each day LFAC ▇▇▇▇▇▇ fails to establish, implement or comply with any of the following obligations as described in Section III: a. post a notice in accordance with the requirements of Section III.A;III.A;‌ b. complete the training required for LFAC ▇▇▇▇▇▇ and Covered Persons and maintain training records, in accordance with the requirements of Section III.B;III.B;‌ c. screen Covered Persons in accordance with the requirements of Section III.D; require Covered Persons to disclose if they are excluded in accordance with the requirements of Section III.D; or maintain copies of print screens from search results to demonstrate the required screening has been performed in accordance with the requirements of Section III.D;III.D;‌ d. notify OIG of a government investigation or legal proceeding, in accordance with the requirements of Section III.E; III.E;‌‌‌ e. repay any Overpayments as required by Section III.F and Appendix B; f. report a Reportable Event in accordance with Section III.G; oror‌

Appears in 1 contract

Sources: Integrity Agreement

Stipulated Penalties for Failure to Comply with Certain Obligations. As a contractual remedy, LFAC Bhayani and OIG hereby agree that failure to comply with certain obligations set forth in this IA may lead to the imposition of the following monetary penalties (hereinafter referred to as “Stipulated Penalties”) in accordance with the following provisions. 1. A Stipulated Penalty of $1,000 (which shall begin to accrue on the day after the date the obligation became due) per obligation for each day LFAC Bhayani fails to establish, implement or comply with any of the following obligations as described in Section III:III:‌ a. post a notice in accordance with the requirements of Section III.A; b. complete the training required for LFAC Bhayani and Covered Persons and maintain training records, in accordance with the requirements of Section III.B; ; c. screen Covered Persons in accordance with the requirements of Section III.D; require Covered Persons to disclose if they are excluded in accordance with the requirements of Section III.D; or maintain copies of print screens from search results to demonstrate the required screening has been performed in accordance with the requirements of Section III.D; d. notify OIG of a government investigation or legal proceeding, in accordance with the requirements of Section III.E; e. repay any Overpayments as required by Section III.F and Appendix B; f. report a Reportable Event in accordance with Section III.G; or

Appears in 1 contract

Sources: Integrity Agreement

Stipulated Penalties for Failure to Comply with Certain Obligations. As a contractual remedy, LFAC Kumar and OIG hereby agree that failure to comply with certain obligations set forth in this IA may lead to the imposition of the following monetary penalties (hereinafter referred to as “Stipulated Penalties”) in accordance with the following provisions. 1. A Stipulated Penalty of $1,000 (which shall begin to accrue on the day after the date the obligation became due) per obligation for each day LFAC Kumar fails to establish, implement or comply with any of the following obligations as described in Section III: a. post a notice in accordance with the requirements of Section III.A;III.A;‌ b. complete the training required for LFAC Kumar and Covered Persons and maintain training records, in accordance with the requirements of Section III.B;III.B;‌ c. screen Covered Persons in accordance with the requirements of Section III.D; require Covered Persons to disclose if they are excluded in accordance with the requirements of Section III.D; or maintain copies of print screens from search results to demonstrate the required screening has been performed in accordance with the requirements of Section III.D;III.D;‌ d. notify OIG of a government investigation or legal proceeding, in accordance with the requirements of Section III.E; III.E;‌‌‌ e. repay any Overpayments as required by Section III.F and Appendix B; f. report a Reportable Event in accordance with Section III.G; orB;‌

Appears in 1 contract

Sources: Integrity Agreement

Stipulated Penalties for Failure to Comply with Certain Obligations. As a contractual remedy, LFAC ▇▇▇▇▇▇▇▇▇▇▇ and OIG hereby agree that failure to comply with certain obligations set forth in this IA may lead to the imposition of the following monetary penalties (hereinafter referred to as “Stipulated Penalties”) in accordance with the following provisions. 1. A Stipulated Penalty of $1,000 (which shall begin to accrue on the day after the date the obligation became due) per obligation for each day LFAC Springfield fails to establish, implement or comply with any of the following obligations as described in Section III: a. post a notice in accordance with the requirements of Section III.A;III.A;‌ b. complete the training required for LFAC Springfield and Covered Persons and maintain training records, in accordance with the requirements of Section III.B;III.B;‌ c. screen Covered Persons in accordance with the requirements of Section III.D; require Covered Persons to disclose if they are excluded in accordance with the requirements of Section III.D; or maintain copies of print screens from search results to demonstrate the required screening has been performed in accordance with the requirements of Section III.D;III.D;‌ d. notify OIG of a government investigation or legal proceeding, in accordance with the requirements of Section III.E; III.E;‌‌ e. repay any Overpayments as required by Section III.F and Appendix B; f. report a Reportable Event in accordance with Section III.G; oror‌

Appears in 1 contract

Sources: Integrity Agreement

Stipulated Penalties for Failure to Comply with Certain Obligations. As a contractual remedy, LFAC ▇▇▇▇▇▇ and OIG hereby agree that failure to comply with certain obligations set forth in this IA may lead to the imposition of the following monetary penalties (hereinafter referred to as “Stipulated Penalties”) in accordance with the following provisions. 1. A Stipulated Penalty of $1,000 (which shall begin to accrue on the day after the date the obligation became due) per obligation for each day LFAC ▇▇▇▇▇▇ fails to establish, implement or comply with any of the following obligations as described in Section III: a. post a notice in accordance with the requirements of Section III.A;III.A;‌ b. complete the training required for LFAC ▇▇▇▇▇▇ and Covered Persons and maintain training records, in accordance with the requirements of Section III.B;III.B;‌ c. screen Covered Persons in accordance with the requirements of Section III.D; require Covered Persons to disclose if they are excluded in accordance with the requirements of Section III.D; or maintain copies of print screens from search results to demonstrate the required screening has been performed in accordance with the requirements of Section III.D;III.D;‌ d. notify OIG of a government investigation or legal proceeding, in accordance with the requirements of Section III.E; III.E;‌‌‌ e. repay any Overpayments as required by Section III.F and Appendix B; f. report a Reportable Event in accordance with Section III.G; oror‌

Appears in 1 contract

Sources: Integrity Agreement

Stipulated Penalties for Failure to Comply with Certain Obligations. As a contractual remedy, LFAC ▇▇▇▇▇ Pharmacy and OIG hereby agree that failure to comply with certain obligations set forth in this IA may lead to the imposition of the following monetary penalties (hereinafter referred to as “Stipulated Penalties”) in accordance with the following provisions. 1. A Stipulated Penalty of $1,000 (which shall begin to accrue on the day after the date the obligation became due) per obligation for each day LFAC ▇▇▇▇▇ Pharmacy fails to establish, implement or comply with any of the following obligations as described in Section III: a. appoint a Compliance Officer as required by Section III.A;‌ b. written Policies and Procedures required by Section III.B;‌ c. post a notice in accordance with the requirements of Section III.A;III.C;‌ b. d. complete the training required for LFAC and Covered Persons and maintain training records, in accordance with the requirements of Section III.B;III.D;‌ c. e. screen Covered Persons in accordance with the requirements of Section III.DIII.F; require Covered Persons to disclose if they are excluded in accordance with the requirements of Section III.DIII.F; or maintain copies of print screens from search results to demonstrate the required screening has been performed in accordance with the requirements of Section III.D;III.F;‌ d. f. notify OIG of a government investigation or legal proceeding, in accordance with the requirements of Section III.E;III.G;‌ e. g. establish policies and procedures regarding the repayment of Overpayments;‌ h. repay any Overpayments as required by Section III.F III.H and Appendix B; f. B;‌ i. report a Reportable Event in accordance with Section III.GIII.I; oror‌

Appears in 1 contract

Sources: Integrity Agreement

Stipulated Penalties for Failure to Comply with Certain Obligations. As a contractual remedy, LFAC Gardi and OIG hereby agree that failure to comply with certain obligations set forth in this IA may lead to the imposition of the following monetary penalties (hereinafter referred to as “Stipulated Penalties”) in accordance with the following provisions. 1. A Stipulated Penalty of $1,000 (which shall begin to accrue on the day after the date the obligation became due) per obligation for each day LFAC Gardi fails to establish, implement or comply with any of the following obligations as described in Section III: a. post a notice in accordance with the requirements of Section III.A; b. complete the training required for LFAC Gardi and Covered Persons and maintain training records, in accordance with the requirements of Section III.B; ; c. screen Covered Persons in accordance with the requirements of Section III.D; require Covered Persons to disclose if they are excluded in accordance with the requirements of Section III.D; or maintain copies of print screens from search results to demonstrate the required screening has been performed in accordance with the requirements of Section III.D; d. notify OIG of a government investigation or legal proceeding, in accordance with the requirements of Section III.E; e. repay any Overpayments as required by Section III.F and Appendix B; f. report a Reportable Event in accordance with Section III.G; or

Appears in 1 contract

Sources: Integrity Agreement

Stipulated Penalties for Failure to Comply with Certain Obligations. As a contractual remedy, LFAC the Practice and OIG hereby agree that failure to comply with certain obligations set forth in this IA may lead to the imposition of the following monetary penalties (hereinafter referred to as “Stipulated Penalties”) in accordance with the following provisions.provisions.‌‌ 1. A Stipulated Penalty of $1,000 (which shall begin to accrue on the day after the date the obligation became due) per obligation for each day LFAC the Practice fails to establish, implement or comply with any of the following obligations as described in Section III: a. post a notice in accordance with the requirements of Section III.A; b. complete the training required for LFAC ▇▇▇▇ and Covered Persons and maintain training records, in accordance with the requirements of Section III.B; ; c. screen Covered Persons in accordance with the requirements of Section III.D; require Covered Persons to disclose if they are excluded in accordance with the requirements of Section III.D; or maintain copies of print screens from search results to demonstrate the required screening has been performed in accordance with the requirements of Section III.D; d. notify OIG of a government investigation or legal proceeding, in accordance with the requirements of Section III.E; e. repay any Overpayments as required by Section III.F and Appendix B; f. report a Reportable Event in accordance with Section III.G; or

Appears in 1 contract

Sources: Integrity Agreement

Stipulated Penalties for Failure to Comply with Certain Obligations. As a contractual remedy, LFAC ▇▇▇▇▇ and HEAG and OIG hereby agree that failure to comply with certain obligations set forth in this IA may lead to the imposition of the following monetary penalties (hereinafter referred to as “Stipulated Penalties”) in accordance with the following provisions.provisions.‌ 1. A Stipulated Penalty of $1,000 (which shall begin to accrue on the day after the date the obligation became due) per obligation for each day LFAC Dakwa or HEAG fails to establish, implement or comply with any of the following obligations as described in Section III: a. post a notice in accordance with the requirements of Section III.A;III.A;‌ b. complete the training required for LFAC Dakwa and other Covered Persons and maintain training records, in accordance with the requirements of Section III.B;III.B;‌ c. screen Covered Persons in accordance with the requirements of Section III.D; require Covered Persons to disclose if they are excluded in accordance with the requirements of Section III.D; or maintain copies of print screens from search results to demonstrate the required screening has been performed in accordance with the requirements of Section III.D;III.D;‌ d. notify OIG of a government investigation or legal proceeding, in accordance with the requirements of Section III.E;III.E;‌ e. repay any Overpayments as required by Section III.F and Appendix B; B;‌ f. report a Reportable Event in accordance with Section III.G; oror‌

Appears in 1 contract

Sources: Integrity Agreement

Stipulated Penalties for Failure to Comply with Certain Obligations. As a contractual remedy, LFAC OC, ▇▇▇▇▇▇, and OIG hereby agree that failure to comply with certain obligations set forth in this IA may lead to the imposition of the following monetary penalties (hereinafter referred to as “Stipulated Penalties”) in accordance with the following provisions. 1. A Stipulated Penalty of $1,000 (which shall begin to accrue on the day after the date the obligation became due) per obligation for each day LFAC fails OC and ▇▇▇▇▇▇ fail to establish, implement or comply with any of the following obligations as described in Section III: a. post a notice in accordance with the requirements of Section III.A; b. complete the training required for LFAC OC and ▇▇▇▇▇▇ and Covered Persons and maintain training records, in accordance with the requirements of Section III.B; ; c. screen Covered Persons in accordance with the requirements of Section III.D; require Covered Persons to disclose if they are excluded in accordance with the requirements of Section III.D; or maintain copies of print screens from search results to demonstrate the required screening has been performed in accordance with the requirements of Section III.D; d. notify OIG of a government investigation or legal proceeding, in accordance with the requirements of Section III.E; e. repay any Overpayments as required by Section III.F and Appendix B; f. report a Reportable Event in accordance with Section III.G; or

Appears in 1 contract

Sources: Integrity Agreement

Stipulated Penalties for Failure to Comply with Certain Obligations. As a contractual remedy, LFAC Lilly and OIG hereby agree that failure to comply with certain obligations as set forth in this IA CIA may lead to the imposition of the following monetary penalties (hereinafter referred to as “Stipulated Penalties”) in accordance with the following provisions. 1. A Stipulated Penalty of $1,000 2,500 (which shall begin to accrue on the day after the date the obligation became due) per obligation for each day LFAC Lilly fails to establish, implement implement, or comply with accomplish any of the following obligations as described in Section III: a. post a notice in accordance with the requirements of Section III.ACompliance Officer; b. complete a Compliance Committee; c. the resolution from the Committee of the Board; d. a written Code of Conduct; e. written Policies and Procedures; f. the training required for LFAC and of Covered Persons and maintain training records, in accordance with the requirements of Section III.BRelevant Covered Persons; c. screen Covered g. a Disclosure Program; Corporate Integrity Agreement ▇▇▇ ▇▇▇▇▇ Company h. Ineligible Persons in accordance with the requirements of Section III.D; require Covered Persons to disclose if they are excluded in accordance with the requirements of Section III.D; or maintain copies of print screens from search results to demonstrate the required screening has been performed in accordance with the requirements of Section III.Dand removal requirements; d. notify OIG i. notification of a government investigation Government investigations or legal proceeding, in accordance with the requirements of Section III.Eproceedings; e. repay any Overpayments j. notification of written communications with FDA as required by Section III.F and Appendix B; f. report III.I; k. a Reportable Event in accordance with Section III.G; orreview of records reflecting the content of detailing sessions; l. a program for FFMP;

Appears in 1 contract

Sources: Corporate Integrity Agreement (Lilly Eli & Co)

Stipulated Penalties for Failure to Comply with Certain Obligations. As a contractual remedy, LFAC Dr. Uradu, UTC and OIG hereby agree that failure to comply with certain obligations set forth in this IA may lead to the imposition of the following monetary penalties (hereinafter referred to as “Stipulated Penalties”) in accordance with the following provisions. 1. A Stipulated Penalty of $1,000 (which shall begin to accrue on the day after the date the obligation became due) per obligation for each day LFAC fails Dr. Uradu and UTC fail to establish, implement or comply with any of the following obligations as described in Section III: a. post a notice in accordance with the requirements of Section III.A; b. complete the training required for LFAC Dr. Uradu and UTC and Covered Persons and maintain training records, in accordance with the requirements of Section III.B; ; c. screen Covered Persons in accordance with the requirements of Section III.D; require Covered Persons to disclose if they are excluded in accordance with the requirements of Section III.D; or maintain copies of print screens from search results to demonstrate the required screening has been performed in accordance with the requirements of Section III.D; d. notify OIG of a government investigation or legal proceeding, in accordance with the requirements of Section III.E; e. repay any Overpayments as required by Section III.F and Appendix B; f. report a Reportable Event in accordance with Section III.G; orIII.D;‌

Appears in 1 contract

Sources: Integrity Agreement