Common use of For Cause by Company Clause in Contracts

For Cause by Company. The Company may terminate the Employee's employment under this Agreement at any time for Cause. “Cause” is defined as (i) a material act of dishonesty by Executive in connection with his responsibilities as an Employee, (ii) conviction of, or plea of nolo contendere to, a felony, (iii) gross misconduct, or (iv) continued substantial violation of his employment duties after Employee has received a written demand for performance from the Company which specifically sets forth the factual basis for the Company’s belief that Employee has not substantially performed his duties.

For Cause by Company. The Company may terminate the Employee's employment under this Agreement at any time for Cause. “Cause” is defined as (i) a material act of dishonesty by Executive Employee in connection with his responsibilities as an Employee, (ii) conviction of, or plea of nolo contendere to, a felony, (iii) gross misconduct, or (iv) continued substantial violation of his employment duties after Employee has received a written demand for performance from the Company which specifically sets forth the factual basis for the Company’s belief that Employee has not substantially performed his duties.