"Without further review" is unclear to me - you mean that the desysopping takes place immediately (sounds ok), or that there is no potential for review of this action afterwards (sounds like trouble).
Yeah, I've fixed that part.
?4. Administrators desysopped under this policy must wait three months before starting the process to regain admin status.
Sounds unnecessarily harsh. Maybe first-time offence warrants a one week a suspension, then subsequent offences give the treatment you suggest?
I've removed this part entirely.
Any chance of sysop suspensions for blatant breaches of policy? Eg, protecting pages you're working on, blocking users for personal disagreement, etc...
Eh, outside the scope of what I'm working for.