Common use of By the Corporation Clause in Contracts

By the Corporation. The Company may terminate Executive’s employment under this Agreement prior to the expiration of the Initial Term or any renewal term as follows: i. without Cause, upon 90 days’ written notice to Executive; or ii. upon 30 days’ written notice to Executive if Underperformance occurs; or iii. immediately upon the showing of Cause. For purposes of this Agreement, “Cause” shall mean (a) Executive’s breach of this Agreement, if the Executive has been given a reasonable opportunity to cure his breach (which reasonable opportunity must be granted during the fourteen (14)-day period preceding termination of this Agreement); (b) Executive’s failure to adhere to any written Company policy if the Executive has been given a reasonable opportunity to comply with such policy or cure his failure to comply (which reasonable opportunity must be granted during the fourteen (14)-day period preceding termination of this Agreement); (c) misrepresentation or concealment of a material fact for the purpose of securing or maintaining employment with the Company; (d) the appropriation (or attempted appropriation) of a material business opportunity of the Company, including attempting to secure or securing any personal profit in connection with any transaction entered into on behalf of the Company; (e) the misappropriation (or attempted misappropriation) of any of the Company’s funds or property; (f) the conviction of, the indictment for (or its procedural equivalent), or the entering of a guilty plea or plea of no contest with respect to, violation of a securities law or a felony, the equivalent thereof, or any other crime with respect to which imprisonment is a possible punishment; (g) violation of the policies of the Company with respect to non-discrimination, sexual harassment, or similar policies affecting workers and the workplace; or (h) a breach of Sections 6 through 11 of this Agreement.

Appears in 11 contracts

Samples: Executive Employment Agreement (Sun Energy Solar Inc), Executive Employment Agreement (Sun Energy Solar Inc), Executive Employment Agreement (Sun Energy Solar Inc)

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By the Corporation. The Company may terminate Executive’s 's employment under this Agreement prior to the expiration of the Initial Term or any renewal term as follows: i. without Cause, upon 90 days’ written notice to Executive; or ii. upon 30 days’ written notice to Executive if Underperformance occurs; or iii. (i) immediately upon the showing of Cause. For purposes of this Agreement, Agreement “Cause” shall mean (a) Executive’s 's breach of this Agreement, if the Executive has been given a reasonable opportunity to cure his breach (which reasonable opportunity must be granted during the fourteen (14)-day period preceding termination of this Agreement); (b) Executive’s 's failure to adhere to any written Company policy if the Executive has been given a reasonable opportunity to comply with such policy or cure his failure to comply (which reasonable opportunity must be granted during the fourteen (14)-day period preceding termination of this Agreement); (c) misrepresentation or concealment of a material fact for the purpose of securing or maintaining employment with the Company; (d) the appropriation (or attempted appropriation) of a material business opportunity of the Company, including attempting to secure or securing any personal profit in connection with any transaction entered into on behalf of the Company; (e) the misappropriation (or attempted misappropriation) of any of the Company’s 's funds or property; (f) the conviction of, the indictment for (or its procedural equivalent), or the entering of a guilty plea or plea of no contest with respect to, violation of a securities law or a felony, the equivalent thereof, or any other crime with respect to which imprisonment is a possible punishment; (g) violation of the policies of the Company with respect to non-discrimination, sexual harassment, or similar policies affecting workers and the workplace; or (h) a breach of Sections 6 through 11 of this Agreement.

Appears in 3 contracts

Samples: Executive Employment Agreement (Sunovia Energy Technologies Inc), Executive Employment Agreement (Sunovia Energy Technologies Inc), Executive Employment Agreement (Sunovia Energy Technologies Inc)

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By the Corporation. The Company may terminate Executive’s employment under this Agreement prior to the expiration of the Initial Term or any renewal term as follows: i. without Cause, upon 90 days’ written notice to Executive; or ii. upon 30 days’ written notice to Executive if Underperformance occurs; or; iii. immediately upon the showing of Cause. For purposes of this Agreement, “Cause” shall mean (a) Executive’s breach of this Agreement, if the Executive has been given a reasonable opportunity to cure his breach (which reasonable opportunity must be granted during the fourteen (14)-day period preceding termination of this Agreement); (b) Executive’s failure to adhere to any written Company policy if the Executive has been given a reasonable opportunity to comply with such policy or cure his failure to comply (which reasonable opportunity must be granted during the fourteen (14)-day period preceding termination of this Agreement); (c) misrepresentation or concealment of a material fact for the purpose of securing or maintaining employment with the Company; (d) the appropriation (or attempted appropriation) of a material business opportunity of the Company, including attempting to secure or securing any personal profit in connection with any transaction entered into on behalf of the Company; (e) the misappropriation (or attempted misappropriation) of any of the Company’s funds or property; (f) the conviction of, the indictment for (or its procedural equivalent), or the entering of a guilty plea or plea of no contest with respect to, violation of a securities law or a felony, the equivalent thereof, or any other crime with respect to which imprisonment is a possible punishment; (g) violation of the policies of the Company with respect to non-discrimination, sexual harassment, or similar policies affecting workers and the workplace; or (h) a breach of Sections 6 through 11 of this Agreement.

Appears in 2 contracts

Samples: Executive Employment Agreement (Sun Energy Solar Inc), Executive Employment Agreement (Sun Energy Solar Inc)

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