Cause or Without Cause. The Company may terminate the Executive's employment during the Employment Period for Cause or without Cause. For purposes of this Agreement, "Cause" shall mean (a) misappropriating any funds or any material property of the Company; (b) obtaining or attempting to obtain any material personal profit from any transaction in which the Executive has an interest which is adverse to the interest of the Company unless the Company shall first give its consent to such transaction; (c)
Appears in 5 contracts
Samples: Employment Agreement (MJD Communications Inc), Employment Agreement (MJD Communications Inc), Employment Agreement (MJD Communications Inc)
Cause or Without Cause. The Company may terminate the Executive's employment during the Employment Period for Cause or without Cause. For purposes of this Agreement, "Cause" shall mean (a) misappropriating any funds or any material property of the Company; , (b) obtaining or attempting to obtain any material personal profit from any transaction in which the Executive has an interest which is adverse to the interest of the Company unless the Company shall first give its consent to such transaction; , (c)
Appears in 1 contract
Samples: Employment Agreement (Fairpoint Communications Inc)
Cause or Without Cause. The Company may terminate the Executive's employment during the Employment Period for Cause or without Cause. For purposes of this Agreement, "Cause" shall mean (ai) misappropriating any funds or any material property a breach by the Executive of the Company; Executive's obligations under Section 2(a) (bother than as a result of physical or mental incapacity) obtaining or attempting to obtain any material personal profit from any transaction in which the Executive has an interest which is adverse to the interest of the Company unless the Company shall first give its consent to such transaction; (c)constitutes a continued
Appears in 1 contract
