Common use of For Good Cause Clause in Contracts

For Good Cause. Employer may terminate Executive’s employment hereunder at any time for “good cause” by written notice of termination to Executive if (1) Executive has been convicted of or pleads nolo contendere to (or the procedural equivalent of either in a foreign jurisdiction) a felony or other crime that reasonably could be expected to result in harm to Employer or its reputation; (2) Executive has materially breached any fiduciary duty to Employer; (3) Executive has engaged in habitual drug or alcohol abuse which materially impairs his ability to perform his duties; (4) Executive has violated any law, rule or regulation that has or reasonably could be expected to have a material adverse impact on Employer; (5) Executive is legally incompetent to manage his business affairs; (6) Executive has filed, or consented to, any petition or other proceeding in bankruptcy with respect to himself; (7) any third party has filed a petition or instituted any other proceeding, which is not contested, seeking to find Executive bankrupt or insolvent; or (8) Executive has materially breached any provision of this Agreement or materially violated any lawful written policy of Employer and has failed to cure such breach, if curable, within ten (10) business days after receiving written notice thereof. If Executive materially breaches any such provision and is given such ten (10) business day notice, Executive shall not be entitled to any notice or cure prior to termination for any subsequent similar breaches.

For Good Cause. Employer may terminate Executive’s employment hereunder at any time for “good cause” by written notice of termination to Executive if (1) Executive has been convicted of or pleads nolo contendere to (or the procedural equivalent of either in a foreign jurisdiction) a felony or other crime that reasonably could be expected to result in harm to Employer or its reputation; (2) Executive has materially breached any fiduciary duty to Employer; (3) Executive has engaged in habitual drug or alcohol abuse which materially impairs his ability to perform his duties; (4) Executive has violated any law, rule or regulation regulation, or policy of Employer that has or reasonably could be expected to have a material adverse impact on Employer; (5) Executive is legally incompetent to manage his business affairs; (6) Executive has filed, or consented to, any petition or other proceeding in bankruptcy with respect to himself; (7) any third party has filed a petition or instituted any other proceeding, which is not contested, seeking to find Executive bankrupt or insolvent; or (8) Executive has materially breached any provision of this Agreement or materially violated any lawful written policy of Employer and has failed to cure such breach, if curable, within ten (10) business days after receiving written notice thereof. If Executive materially breaches any such provision and is given such ten (10) business day notice, Executive shall not be entitled to any notice or cure prior to termination for any subsequent similar breaches.

For Good Cause. Employer may terminate Executive’s 's employment hereunder at any time for “good cause” by written notice of termination to Executive if (1) Executive has been convicted of or pleads nolo contendere to (or the procedural equivalent of either in a foreign jurisdiction) a felony or other crime that reasonably could be expected to result in harm to Employer or its reputation; (2) Executive has materially breached any fiduciary duty to Employer; (3) Executive has engaged in habitual drug or alcohol abuse which materially impairs his ability to perform his duties; (4) Executive has violated any law, rule or regulation that has or reasonably could be expected to have a material adverse impact on Employer; (5) Executive is legally incompetent to manage his business affairs; (6) Executive has filed, or consented to, any petition or other proceeding in bankruptcy with respect to himself; (7) any third party has filed a petition or instituted any other proceeding, which is not contested, seeking to find Executive bankrupt or insolvent; or (8) Executive has materially breached any provision of this Agreement or materially violated any lawful written policy of Employer and has failed to cure such breach, if curable, within ten (10) business days after receiving written notice thereof. If Executive materially breaches any such provision and is given such ten (10) business day notice, Executive shall not be entitled to any notice or cure prior to termination for any subsequent similar breaches.