Common use of Definition of Termination with Cause Clause in Contracts

Definition of Termination with Cause. A termination of the Executive’s employment by the Company for cause (“Cause”) shall mean the termination of the Executive’s employment by the Board for any of the reasons listed below, except in the case of the reason set forth in (i) below, only after written notice by the Board stating the reason for the proposed termination for Cause and the Executive’s failure to cure within ninety (90) days of receipt of such notice:

Appears in 4 contracts

Samples: Employment Agreement (Ultratech Inc), Employment Agreement (Ultratech Inc), Employment Agreement (Ultratech Inc)

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Definition of Termination with Cause. A termination of the Executive’s employment by the Company for cause (“Cause”) shall mean the termination of the Executive’s employment by the Board for any of the reasons listed below, except that in the case of the reason reasons set forth in (i) and (vi) below, only after written notice by the Board stating the reason for the proposed termination for Cause and the Executive’s failure to cure the stated reason within ninety (90) days of after receipt of such notice:

Appears in 2 contracts

Samples: Employment Agreement (Ultratech Inc), Employment Agreement (Ultratech Inc)

Definition of Termination with Cause. A termination of the Executive’s 's employment by the Company for cause ("Cause") shall mean the termination of the Executive’s 's employment by the Board for any of the reasons listed below, except in the case of the reason set forth in (i) below, only after written notice by the Board stating the reason for the proposed termination for Cause and the Executive’s 's failure to cure within ninety (90) days of receipt of such notice:

Appears in 2 contracts

Samples: Employment Agreement (Ultratech Inc), Employment Agreement (Ultratech Inc)

Definition of Termination with Cause. A termination of the Executive’s employment by the Company for cause (“Cause”) shall mean the termination of the Executive’s employment by the Board Chief Executive Officer for any of the reasons listed belowbelow but, except in the case of the reason set forth in (iv) below, only after written notice by the Board Chief Executive Officer stating the reason for the proposed termination for Cause and the Executive’s failure to cure within ninety thirty (9030) days of receipt of such notice:

Appears in 1 contract

Samples: Employment Agreement (Digital Insight Corp)

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Definition of Termination with Cause. A termination of the Executive’s employment by the Company for cause (“Cause”) shall mean the termination of the Executive’s employment by the Board for any of the reasons listed belowbelow but, except in the case of the reason set forth in (iv) below, only after written notice by the Board stating the reason for the proposed termination for Cause and the Executive’s failure to cure within ninety thirty (9030) days of receipt of such notice:

Appears in 1 contract

Samples: Employment Agreement (Digital Insight Corp)

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