Common use of Default by Employee Clause in Contracts

Default by Employee. If the Employee shall: (i) commit an act of dishonesty against the Employer or fraud upon the Employer; or (ii) breach his obligations under this Agreement and fail to cure such breach within five (5) days after written notice thereof; or (iii) be convicted of a crime involving moral turpitude; or (iv) fail or neglect diligently to perform his duties hereunder and continue in his failure after written notice; then, and in any such case, the Employer may terminate the employment of the Employee hereunder and, in the event of any such termination, the Employee shall no longer have any right to any of the benefits (including future salary payments) which would otherwise have accrued after such termination.

Default by Employee. If the Employee shall: (i) commit an act of dishonesty against the Employer Company or fraud upon the EmployerCompany; or (ii) breach his obligations under under-this Agreement and fail to cure such breach within five (5) days after written notice thereof; or (iii) be convicted of a crime involving moral turpitude; or (iv) fail or neglect diligently to perform his duties hereunder and continue in his failure after written notice; then, and in any such case, the Employer Company may terminate the employment of the Employee hereunder and, in the event of any such termination, the Employee shall no longer have any right to any of the and all benefits (including future salary payments) which would otherwise have accrued after such termination.

Default by Employee. If the Employee shall: (i) commit an act of dishonesty against the Employer Company or fraud upon the EmployerCompany; or (ii) breach his obligations under this Agreement and fail to cure such breach within five (5) days after written notice thereof; or (iii) be convicted of a crime involving moral turpitude; or (iv) fail or neglect diligently to perform his duties hereunder and continue in his failure after written notice; then, and in any such case, the Employer Company may terminate the employment of the Employee hereunder and, in the event of any such termination, the Employee shall no longer have any right to any of the and all benefits (including future salary payments) ), which would otherwise have accrued after such termination.

Default by Employee. If the Employee shall: (i) commit an act of dishonesty against the Employer Company or fraud upon the EmployerCompany; or (ii) breach his obligations under this Agreement and fail to cure such breach within five (5) days after written notice thereof; or (iii) be convicted of a crime involving moral turpitude; or (iv) fail or neglect diligently to perform his duties hereunder and continue in his failure after written notice; then, and in any such case, the Employer Company may terminate the employment of the Employee hereunder and, in the event of any such termination, the Employee shall no longer have any right to any of the and all benefits (including future salary payments) which would otherwise have accrued after such termination.

Default by Employee. If the Employee shall: (i) commit an act of dishonesty against the Employer or fraud upon the Employer; or (ii) breach his obligations under this Agreement and fail to cure such breach within five (5) days after written notice thereof; or (iii) be convicted of a crime involving moral turpitude; or (iv) fail or neglect diligently to perform his duties hereunder and continue in his failure after written notice; or (v) engage in any other acts of gross misconduct against employer then, and in any such case, the Employer may terminate the employment of the Employee hereunder and, in the event of any such termination, the Employee shall no longer have any right to any of the benefits (including future salary payments) which would otherwise have accrued after such termination.

Default by Employee. If the Employee shall: (i) commit an act of dishonesty against the Employer or fraud upon the Employer; or (ii) breach his obligations under this Agreement and fail to cure such breach within five (5) days after written notice thereof; or (iii) be convicted of a crime involving moral turpitude; or (iv) fail or neglect diligently to perform his duties hereunder and continue in his failure after written notice; then, and in any such case, the Employer may terminate the employment of the Employee hereunder and, in the event of any such termination, the Employee shall no longer have any right to any of the benefits (including future salary payments) which would otherwise have accrued after such termination.