Common use of By Company With Cause Clause in Contracts

By Company With Cause. Company may terminate the Employment Agreement effective immediately for Cause if Company can provide written documentation/proof of (a) personal dishonesty, (b) incompetence, (c) willful misconduct, (d) breach of fiduciary duty involving personal profit, (e) intentional failure to perform stated duties, or (f) willful violation of any law, rule, or regulation; provided, however, prior to termination Cause pursuant to (b) or (e), the Company must have provided Executive with written notice of such issue and 30 days to cure, and in all aspects, such action by Executive must have a material, negative affect on Company prior to being considered Cause.

Appears in 4 contracts

Samples: Employment Agreement (Avant Technologies Inc.), Employment Agreement (Avant Technologies Inc.), Employment Agreement (Avant Technologies Inc.)

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