Major Incident Reporting Procedure
It is imperative that all major incidents are notified to CEVA’s Executive Management and Board of Directors promptly. To this end the formal reporting procedures have been redrafted as below. This revised process replaces all previous processes that may be in place.
The following are classified as major incidents:
• All incidents with a minimum potential cost to CEVA of USD10,000 (including damage to property belonging to CEVA (either owned or leased assets, or where CEVA is responsible for insuring), CEVA’s customers (either assets or goods) or third parties).
• All fatalities and life threatening injuries to any CEVA employees, independent contractors, owner-operators, subcontractors, agents or third parties, if the death or injury is related to CEVA’s business, operations, services, equipment or facilities.
• All incidents disrupting either CEVA or CEVA customer’s business for a period in excess of 24 hours.
• All incidents causing a stop to a customers’ production line (regardless of the length of the period of disruption).
• Kidnap.
• Threats to CEVA (bomb threats, sabotage etc.).
• Any other incident Executive Management and/or the Board should be aware of.
The Major Incident Notification Form on the Corporate CEVANet needs to be completed to provide the initial notification.
It is vitally important that only the facts are recorded on the form and no opinions regarding negligence or blame are given as these could prejudice any future legal action.
The Major Incident Form must be completed as soon as it is apparent that the incident is notifiable.
Once the Major Incident Form is submitted, an email will be sent automatically to notify the relevant parties.
The matters themselves will continue to be handled in the way they are currently with Risk handling all insured claims.