Discharge by the Company for Cause. The Company may terminate Employee’s employment hereunder for Cause at any time. For purposes of this Agreement, “Cause” shall mean in the good faith determination of [the Company’s CEO][RGHL’s CEO or Owner] that Employee has engaged in conduct consisting of (i) dishonesty or other serious misconduct related to Employee’s duties as an employee of the Company, or (ii) willful and continual failure (unless due to incapacity resulting from physical or mental illness) to perform the duties of Employee’s employment after written demand for substantial performance is delivered to Employee by the Company specifically identifying the manner in which Employee has not substantially performed such duties.
Discharge by the Company for Cause. During the Term, the Executive’s employment may be terminated by the Company (which shall also constitute a termination of this Agreement) immediately upon written notice to the Executive by the Board, detailing the circumstances constituting Cause. As used herein, “Cause” shall mean any one or more of the following that continues uncured for thirty (30) days following receipt of written notice to Executive from the Board setting forth in detail the circumstances constituting Cause: (i) failure or refusal to follow the reasonable written direction of the Board (other than by reason of Disability); (ii) the Executive’s commission of any crime, the underlying conduct of which is job related such that it is consistent with business necessity to terminate Executive’s employment; (iii) the Executive’s willful material false statement regarding the Company’s business to the Board, shareholders of the Company, any lender or insurer, or a regulatory authority; (iv) the Executive’s breach of this Agreement in any material respect (other than by reason of Disability); or (v) other intentional conduct that is or could reasonably be expected to be materially harmful to the business interests or reputation of the Company. Immediately upon termination for Cause, the Company shall pay Executive all compensation, benefits and reimbursable expenses, accrued through the effective date of termination or as required by law, and shall comply with the terms of any applicable benefits plans and agreements between the Company and the Executive.
Discharge by the Company for Cause. The Company may terminate Executive’s employment hereunder for Cause at any time. For purposes of this Agreement, “Cause” shall mean in the good faith determination of RGHL’s CEO or Owner that Executive has engaged in conduct consisting of (i) dishonesty or other serious misconduct related to Executive’s duties as an employee of the Company, or (ii) willful and continual failure (unless due to incapacity resulting from physical or mental illness) to perform the duties of Executive’s employment after written demand for substantial performance is delivered to Executive by the Company specifically identifying the manner in which Executive has not substantially performed such duties.
Discharge by the Company for Cause. The Company may terminate Employee ' s employment hereunder for Cause at any time. For purposes of this Agreement, "Cause” shall mean in the good faith determination of the Company' s CEO that Employee has engaged in conduct consisting of (i) dishonesty or other serious misconduct related to Employee' s duties as an employee of the Company, or (ii) willful and continual failure (unless due to incapacity resulting from physical or mental illness) to perform the duties of Employee’s employment after written demand for substantial performance is delivered to Employee by the Company specifically identifying the manner in which Employee has not substantially performed such duties, and Employee shall have 30 days to cure such performance.
Discharge by the Company for Cause. The Company or Board may terminate Employee’s employment hereunder for Cause at any time. For purposes of this Agreement, “Cause” shall mean in the good faith determination of the Company or the Board that Employee has engaged in conduct consisting of (i) fraud, conviction of a crime or other willful or intentional misconduct related to Employee’s duties as an employee of the Company or as a director, officer, employee or other representative of any member of the PEI Group, or (ii) willful and continual failure (unless due to incapacity resulting from physical or mental illness) to perform the duties of Employee’s employment after written demand for substantial performance is delivered to Employee by the Board or the Company specifically identifying the manner in which Employee has not substantially performed such duties. In the case of subparagraph (ii), Employee shall have thirty (30) days from the date of receipt of such written demand to correct or remediate any issues set forth in the demand letter.
