Involuntary Termination by the Company for Cause. If the Participant’s Employment with the Company or its Affiliates is terminated by the Company or its Affiliates for Cause pursuant to Sections 1(a)(ii) or 1(a)(vi), the Participant may exercise the Vested Portion of the Option for a period ending on the earlier of (A) one month following the date of such termination and (B) the Expiration Date. If the Participant is terminated by the Company or its Affiliates for Cause pursuant Sections 1(a)(i), 1(a)(iii), 1(a)(iv) or 1(a)(v), the Vested Portion of the Option shall immediately terminate in full and cease to be exercisable;
Involuntary Termination by the Company for Cause. As used in the Agreement, "Cause" shall mean either:
Involuntary Termination by the Company for Cause. The Company may terminate the Executive’s employment for Cause, as defined in this subsection. For purposes of this Agreement, the term “Cause” shall mean (i) any willful or grossly negligent misconduct by the Executive that materially injures the Company or Host or any of its or their subsidiaries or affiliates (collectively, the “Host Companies”); (ii) the Executive's willful refusal to comply with the Company’s or Host’s rules or policies (which rules or policies must be reasonably and consistently applied to all similarly situated employees of the Company and the Host Companies) or to comply with a reasonable written directive from the designee of the Board consistent with the Executive’s position; (iii) any material breach of this Agreement by the Executive that is not cured by the Executive within thirty (30) days after receiving written notice thereof from the Company unless such breach or if such breach can have an immediate material adverse affect on the Company, in which event contemporaneous written notice shall be provided by the Company and notice thereof have previously occurred; (iv) any act of dishonesty in the Executive’s relations with the Company or the Host Companies or any of its directors, employees, or customers that materially injures the Company or the Host Companies; (v) any act by the Executive of larceny, embezzlement, conversion or similar act involving the misappropriation of Company funds in the course of the Executive’s employment; or (vi) a conviction by the Executive of, or plea of guilty or no contest to, any felony. The Company shall provide the Executive with written notice specifying the Cause(s). Any termination of the Executive’s employment for Cause pursuant to this section shall be effective immediately upon the Executive’s receipt of the Company’s written notice of termination except as set forth in (iii) above. Should the Executive wish to challenge his termination by invoking the arbitration provisions, he must provide written notice of his request for arbitration within 30 calendar days after the effective date of termination.
Involuntary Termination by the Company for Cause. The Company may terminate Executive's employment hereunder for "Cause" upon fifteen (15) days' written notice to Executive. In such event, the Company shall pay to Executive: (i) his Base Salary through the date of Executive's termination of employment, and (ii) expenses incurred by Executive prior to such termination of employment reimbursable under Article 5.
Involuntary Termination by the Company for Cause. Upon termination of your employment by the Company for Cause, the obligations of the Company under this Agreement shall terminate, except for the obligation to pay to you (a) any Base Salary earned through the date of such termination, to the extent theretofore unpaid, and (b) such retirement and other benefits earned and vested (if applicable) by you as of the date of the termination of your employment under the terms of any U.S. law governed employee benefit plan of the Company in which you participate, all of the foregoing to be paid in the normal course for such payments and in accordance with the terms of such plans.
