Common use of Due Cause Clause in Contracts

Due Cause. The employment of the Executive hereunder may be --------- terminated by the Company at any time for Due Cause (as hereinafter defined). In the event of such termination, the Company shall pay to the Executive the base salary provided for in Section 3.1 (at the annual rate then in effect) accrued to the date of such termination and not theretofore paid to the Executive. Rights and benefits of the Executive or his transferee under the benefit plans and programs of the Company, shall be determined in accordance with the provisions of such plans and programs. For purposes hereof, "Due Cause" shall be defined as (a) the Executive's willful and continuing failure to discharge his duties and responsibilities under this Agreement, after being given notice in writing and opportunity to cure, (b) any material act of dishonesty involving the Company, or (c) conviction of a felony.

Due Cause. The employment of the Executive hereunder may be --------- terminated by the Company at any time for Due Cause (as hereinafter defined). In the event of such termination, the Company shall pay to the Executive the base salary provided for in Section 3.1 Base Salary (at the annual rate then in effect) and vacation accrued to through the date of such termination Termination Date and not theretofore paid to the Executive. Rights Except as otherwise provided in this Agreement, the rights and benefits of the Executive or his transferee under the benefit plans and programs of the Company, Company shall be determined in accordance with the provisions of such plans and programs. For purposes hereof, "“Due Cause" ” shall be defined as any of: (a) the Executive's ’s willful and continuing failure to discharge his duties and responsibilities under this Agreement, Agreement after being having been given notice in writing and opportunity to cure, (b) any material act of dishonesty involving the Company, or (c) conviction of a felony.

Due Cause. The employment of the The Executive hereunder may be --------- terminated by the Company at any time for Due Cause (as hereinafter defined). In the event of such termination, the Company shall pay to the Executive the base salary provided for in Section 3.1 Base Salary (at the annual rate then in effect) and vacation accrued to through the date of such termination Termination Date and not theretofore paid to the Executive. Rights Except as otherwise provided in this Agreement, the rights and benefits of the Executive or his transferee under the benefit plans and programs of the Company, Company shall be determined in accordance with the provisions of such plans and programs. For purposes hereof, "“Due Cause" ” shall be defined as any of: (a) the Executive's ’s willful and continuing failure to discharge his duties and responsibilities under this Agreement, Agreement after being having been given notice in writing and opportunity to cure, (b) any material act of dishonesty involving the Company, or (c) conviction of a felony.