Examples of Termination for Good Cause in a sentence
Corporation's Call Upon Option Shares Upon Termination for Good Cause.
The Executive may terminate the Executive's employment by the Company at any time, and in such event, unless prior to giving his notice Executive shall have received a Notice of Termination for Good Cause the Company shall pay to Executive the salary due through the date of termination, provided that if Executive terminates due to a Constructive Termination (as hereinafter defined), Executive shall be paid the amount calculated in accordance with Section 7(i), subject in all events to Section 9 hereof.
Termination for Good Cause shall also mean termination by the Company of Employee's employment by the Company by reason of Employee's conviction of a felony, whether related to the Company or to any other matter, or by reason of Employee's conviction of a misdemeanor relating to Employee's dishonest conduct, whether related to the Company or to any other matter.
Termination for Good Cause may be effected immediately by the Company during the term of this Agreement by written notification to Employee.
The failure to set forth any fact or circumstance in a Notice of Termination for Cause or a Notice of Termination for Good Cause Shown shall not constitute a waiver of the right to assert, and shall not preclude the party giving notice from asserting, such fact or circumstance in an attempt to enforce any right under or provision of this Agreement.