Common use of Discharge with Cause Clause in Contracts

Discharge with Cause. For the purposes of this Agreement, the Company shall be deemed to have discharged the Executive for cause only if any one of the following conditions existed: (a) If the Executive shall have willfully breached or habitually neglected his duties and responsibilities as the Executive Vice President and Chief Operating Officer of the Company; or (b) If the Executive shall have been convicted of any felony offense during the term of this Agreement. The discharge of the Executive by the Company when none of the foregoing conditions exist shall be deemed to be a discharge without cause.

Appears in 1 contract

Samples: Executive Employment Agreement (National Energy Group Inc)

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Discharge with Cause. For the purposes of this Agreement, the Company shall be deemed to have discharged the Executive for cause only if any one of the following conditions existed: (a) If the Executive shall have willfully breached or habitually neglected his duties and responsibilities as the Executive Vice President and Chief Operating Officer Director of Corporate Development of the Company; or (b) If the Executive shall have been convicted of any felony offense during the term of this Agreement. The discharge of the Executive by the Company when none of the foregoing conditions exist shall be deemed to be a discharge without cause.

Appears in 1 contract

Samples: Executive Employment Agreement (National Energy Group Inc)

Discharge with Cause. For the purposes of this Agreement, the Company shall be deemed to have discharged the Executive for cause only if any one of the following conditions existed: (a) If the Executive shall have willfully breached or habitually neglected his duties and responsibilities as the Executive Vice President and Chief Operating Officer - Land of the Company; or (b) If the Executive shall have been convicted of any felony offense during the term of this Agreement. The discharge of the Executive by the Company when none of the foregoing conditions exist shall be deemed to be a discharge without cause.

Appears in 1 contract

Samples: Executive Employment Agreement (National Energy Group Inc)

Discharge with Cause. For the purposes of this Agreement, the Company shall be deemed to have discharged the Executive for cause only if any one of the following conditions existed: (a) If the Executive shall have willfully breached or habitually neglected his duties and responsibilities as the Executive Vice President of Engineering and Chief Operating Officer Production of the Company; or (b) If the Executive shall have been convicted of any felony offense during the term of this Agreement. The discharge of the Executive by the Company when none of the foregoing conditions exist shall be deemed to be a discharge without cause.

Appears in 1 contract

Samples: Executive Employment Agreement (National Energy Group Inc)

Discharge with Cause. For the purposes of this Agreement, the Company shall be deemed to have discharged the Executive for cause only if any one of the following conditions existed: (a) If the Executive shall have willfully breached or habitually neglected his duties and responsibilities as the Executive Vice President and Chief Operating Executive Officer of the Company; or (b) If the Executive shall have been convicted of any felony offense during the term of this Agreement. The discharge of the Executive by the Company when none of the foregoing conditions exist shall be deemed to be a discharge without cause.

Appears in 1 contract

Samples: Executive Employment Agreement (Fieldpoint Petroleum Corp)

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Discharge with Cause. For the purposes of this Agreement, the Company shall be deemed to have discharged the Executive for cause only if any one of the following conditions existed: (a) If the Executive shall have willfully breached or habitually neglected his duties and responsibilities as the Executive Vice President and Chief Operating Officer General Counsel of the Company; or (b) If the Executive shall have been convicted of any felony offense during the term of this Agreement. The discharge of the Executive by the Company when none of the foregoing conditions exist shall be deemed to be a discharge without cause.

Appears in 1 contract

Samples: Executive Employment Agreement (National Energy Group Inc)

Discharge with Cause. For the purposes of this Agreement, the Company shall be deemed to have discharged the Executive for cause only if any one of the following conditions existed: (a) If the Executive shall have willfully breached or habitually neglected his duties and responsibilities as the Executive Senior Vice President of Finance and Administration and Chief Operating Financial Officer of the Company; or (b) If the Executive shall have been convicted of any felony offense during the term of this Agreement. The discharge of the Executive by the Company when none of the foregoing conditions exist shall be deemed to be a discharge without cause.

Appears in 1 contract

Samples: Executive Employment Agreement (National Energy Group Inc)

Discharge with Cause. For the purposes of this Agreement, the Company shall be deemed to have discharged the Executive for cause only if any one of the following conditions existed: (a) If the Executive shall have willfully breached or habitually neglected his her duties and responsibilities as the Executive Vice President President-Land and Chief Operating Officer Assistant General Counsel of the Company; or (b) If the Executive shall have been convicted of any felony offense during the term of this Agreement. The discharge of the Executive by the Company when none of the foregoing conditions exist shall be deemed to be a discharge without cause.

Appears in 1 contract

Samples: Executive Employment Agreement (National Energy Group Inc)

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