DEFINITION OF "FOR CAUSE. For purposes of Section 6.1, the phrase "for cause" means: (a) the Executive's material breach of this Agreement (b) the Executive's failure to adhere to any written Employer 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 ten-day period preceding termination of this Agreement); (c) the appropriation (or attempted appropriation) of a material business opportunity of the Employer, including attempting to secure or securing any personal profit in connection with any transaction entered into on behalf of the Employer; (d) the misappropriation (or attempted misappropriation) of any of the Employer's funds or property; or (e) 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, a felony, the equivalent thereof, or any other crime with respect to which imprisonment is a possible punishment.
Appears in 3 contracts
Samples: Employment Agreement (Dynamic Health Products Inc), Employment Agreement (Dynamic Health Products Inc), Employment Agreement (Dynamic Health Products Inc)
DEFINITION OF "FOR CAUSE. For purposes of Section 6.1, the phrase "for cause" means: :
(aA) the Executive's material breach of this Agreement Agreement;
(bB) the Executive's failure to adhere to any written Employer 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 ten-day period preceding termination of this Agreement); ;
(cC) the appropriation (or attempted appropriation) of a material business opportunity of the Employer, including attempting to secure or securing any personal profit in connection with any transaction entered into on behalf of the Employer; ;
(dD) the misappropriation (or attempted misappropriation) of any of the Employer's funds or property; or or
(eE) 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, a felony, the equivalent thereof, or any other crime with respect to which imprisonment is a possible punishment.
Appears in 2 contracts
Samples: Employment Agreement (BMB Munai Inc), Employment Agreement (BMB Munai Inc)
DEFINITION OF "FOR CAUSE. For purposes of Section 6.1, the phrase "for causeFor Cause" means: (a) the Executive's material breach of this Agreement Agreement; (b) the Executive's failure to adhere to any written Employer policy if after 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 ten-day period preceding termination of this Agreement); (c) the appropriation (or attempted appropriation) of a material business opportunity of the Employer, including attempting to secure or securing any personal profit in connection with any transaction entered into on behalf of the Employer; (d) the misappropriation (or attempted misappropriation) of any of the Employer's funds or property; or (e) 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, a felony, the equivalent thereof, or any other crime with respect to which imprisonment is a possible punishment.
Appears in 2 contracts
Samples: Employment Agreement (Gunther International LTD), Employment Agreement (Gunther International LTD)
DEFINITION OF "FOR CAUSE. For purposes of Section 6.1, the phrase "“for cause" ” means: :
(aA) the Executive's material ’s breach of this Agreement Agreement;
(bB) the Executive's ’s failure to adhere to any written Employer 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 ten-day period preceding termination of this Agreement); ;
(cC) the appropriation (or attempted appropriation) of a material business opportunity of the Employer, including attempting to secure or securing any personal profit in connection with any transaction entered into on behalf of the Employer; ;
(dD) the misappropriation (or attempted misappropriation) of any of the Employer's ’s funds or property; or or
(eE) 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, a felony, the equivalent thereof, or any other crime with respect to which imprisonment is a possible punishment.
Appears in 1 contract
Samples: Employment Agreement (BMB Munai Inc)