Common use of Gross Misconduct Clause in Contracts

Gross Misconduct. Employee is guilty of gross misconduct. For the purposes of the Agreement, the following acts shall constitute gross misconduct as solely determined by the Company: (i) Any act involving fraud or dishonesty or breach of appropriate regulations of competent authorities in relation to trading or dealing with stocks, securities, investments and the like; (ii) The carrying out of any activity or the making of any statement which would prejudice and/or reduce the good name and standing of the Company or any of its affiliates or would bring any one of these into contempt, ridicule or would reasonably shock or offend any community in which these companies are located; (iii) Attendance at a Company worksite in a state of intoxication or otherwise being found in possession on Company or any of its affiliates' property of any prohibited drug or substance, possession of which would amount to a criminal offense; (iv) Assault or other act of violence against any employee of the Company or other person during the course of his employment; or (v) Conviction of any felony or misdemeanor involving moral turpitude.

Appears in 2 contracts

Samples: Retention and Restricted Stock Unit Award Agreement (Southern Power Co), Retention and Restricted Stock Unit Award Agreement (Southern Power Co)

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Gross Misconduct. Employee The Consultant is guilty of gross misconduct. For the purposes of the this Agreement, ; the following acts shall constitute gross misconduct as solely determined by the Company: (i) Any act involving fraud or dishonesty or breach of appropriate regulations of competent authorities in relation to trading or dealing with stocks, securities, investments and the like; (ii) The carrying out of any activity or the making of any statement which would prejudice and/or reduce the good name and standing of the Company, Southern Company or any of its affiliates or would bring any one of these into contempt, ridicule or would reasonably shock or offend any community in which these companies are located; (iii) Attendance at a Company worksite in a state of intoxication or otherwise being found in possession possession. on Company or any of its affiliates' property of any prohibited drug or substance, possession of which would amount to a criminal offense; (iv) Assault or other act of violence against any employee of the Company or other person during the course of his employmentengagement; or (v) Conviction of any felony or misdemeanor involving moral turpitude.

Appears in 1 contract

Samples: Consulting Agreement (Southern Power Co)

Gross Misconduct. The Employee is guilty of gross misconduct. For the purposes of the this Agreement, the following acts shall constitute gross misconduct as solely determined by the Company: (i) Any act involving fraud or dishonesty or breach of appropriate regulations of competent authorities in relation to trading or dealing with stocks, securities, investments and the like; (ii) The carrying out of any activity or the making of any statement which would prejudice and/or reduce the good name and standing of the Company, Southern Company or any of its affiliates or would bring any one of these into contempt, ridicule or would reasonably shock or offend any community in which these companies are located; (iii) Attendance at a Company worksite in a state of intoxication or otherwise being found in possession on Company or any of its affiliates' property of any prohibited drug or substance, possession of which would amount to a criminal offense; (iv) Assault or other act of violence against any employee of the Company or other person during the course of his employment; or (v) Conviction of any felony or misdemeanor involving moral turpitude.

Appears in 1 contract

Samples: Retention and Restricted Stock Unit Award Agreement (Southern Power Co)

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Gross Misconduct. The Employee is guilty of gross misconduct. For the purposes of the this Agreement, the following acts shall constitute gross misconduct as solely determined by the Company: (i) Any act involving fraud or dishonesty or breach of appropriate regulations of competent authorities in relation to trading or dealing with stocks, securities, investments and the like; (ii) The carrying out of any activity or the making of any statement which would prejudice and/or reduce the good name and standing of the Company, Southern Company or any of its affiliates or would bring any one of these into contempt, ridicule or would reasonably shock or offend any community in which these companies entities are located; (iii) Attendance at a Company worksite in a state of intoxication or otherwise being found in possession on Company or any of its affiliates' property of any prohibited drug or substance, possession of which would amount to a criminal offense; (iv) Assault or other act of violence against any employee of the Company or other person during the course of his employment; or (v) Conviction of any felony or misdemeanor involving moral turpitude.

Appears in 1 contract

Samples: Retention Agreement (Southern Power Co)

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