Involuntary Termination for Cause. The Company may terminate this Agreement for cause. For the purposes of this Agreement, a termination for "cause" shall mean a termination resulting from a good faith and reasonable determination by the Company's Board of Directors that Employee (i) has committed a felony or act of moral turpitude which would materially injure the Company or its reputation or, (ii) has intentionally or willfully and repeatedly breached his duties hereunder in a material respect and, if curable, has failed to cure the same within thirty (30) days after receiving written notice of such breach from the Board of the Company. Such notice must be given to Employee following each claimed breach, whether or not curable. In the event of termination for cause, the Company shall have no further liability hereunder to Employee from and after the date of such termination.
Appears in 5 contracts
Samples: Employment Agreement (I Storm Inc), Employment Agreement (I Storm Inc), Employment Agreement (I Storm Inc)
Involuntary Termination for Cause. The Company may terminate this -------------------------------------- Agreement for cause. For the purposes of this Agreement, a termination for "cause" shall mean a termination resulting from a good faith and reasonable determination by the Company's Board of Directors that Employee (i) has committed a felony or act of moral turpitude which would materially injure the Company or its reputation or, (ii) has intentionally or willfully and repeatedly breached his duties hereunder in a material respect and, if curable, has failed to cure the same within thirty (30) days after receiving written notice of such breach from the Board of the Company. Such notice must be given to Employee following each claimed breach, whether or not curable. In the event of termination for cause, the Company shall have no further liability hereunder to Employee from and after the date of such termination.
Appears in 3 contracts
Samples: Employment Agreement (I Storm Inc), Employment Agreement (I Storm Inc), Employment Agreement (I Storm Inc)
Involuntary Termination for Cause. The Company may terminate this Agreement for cause. For the purposes of this Agreement, a termination for "cause" “Cause” shall mean a termination resulting from a good faith and reasonable determination by a third party, mutually agreed upon by the Company's Board ’s board of Directors and Employee, that Employee (i) has committed a felony criminal act or act of moral turpitude which that would materially injure the Company or its reputation or, (ii) has intentionally or willfully and repeatedly breached his duties hereunder in a material respect and, if curable, and has failed to cure the same within thirty (30) days after receiving written notice of such breach from the Board of Directors of the Company. Such notice must be given to Employee following each claimed breach, whether or not curable. In the event of termination for cause, the Company shall have no further liability hereunder to Employee from and after the date of such termination.
Appears in 2 contracts
Samples: Employment Agreement (Qualsec), Employment Agreement (Qualsec)
Involuntary Termination for Cause. The Company may terminate this Agreement for cause. For the purposes of this Agreement, a termination for "cause" shall mean a termination resulting from a good faith and reasonable determination by the Company's Board of Directors that Employee Consultant (i) has committed a felony or act of moral turpitude which would materially injure the Company or its reputation or, (ii) has intentionally or willfully and repeatedly breached his duties hereunder in a material respect and, if curable, has failed to cure the same within thirty (30) days after receiving written notice of such breach from the Board of the Company. Such notice must be given to Employee Consultant following each claimed breach, whether or not curable. In the event of termination for cause, the Company shall have no further liability hereunder to Employee Consultant from and after the date of such termination.
Appears in 1 contract
Samples: Consulting Agreement (I Storm Inc)
Involuntary Termination for Cause. The Company may terminate this Agreement for cause. For the purposes of this Agreement, a termination for "cause" shall mean a termination resulting from a good faith and reasonable determination by the Company's Board of Directors that Employee (i) has committed a 4 felony or act of moral turpitude which would materially injure the Company or its reputation or, (ii) has intentionally or willfully and repeatedly breached his duties hereunder in a material respect and, if curable, has failed to cure the same within thirty (30) days after receiving written notice of such breach from the Board of the Company. Such notice must be given to Employee following each claimed breach, whether or not curable. In the event of termination for cause, the Company shall have no further liability hereunder to Employee from and after the date of such termination.
Appears in 1 contract
Involuntary Termination for Cause. The Company may terminate this Agreement for cause. For the purposes of this Agreement, a termination for "cause" shall mean a termination resulting from a good faith and reasonable determination by the Company's Board of Directors that Employee (i) has committed a felony or act of moral turpitude which would materially injure the Company or its reputation or, (ii) has intentionally or willfully and repeatedly breached his duties hereunder in a material respect and, if curable, has failed to cure the same within thirty (30) days after receiving written notice of such breach from the Board of the Company. Such notice must be given to Employee following each claimed breach, whether or not curable. In the event of termination for cause, the Company shall have no further liability hereunder to Employee from and after the date of such termination.
Appears in 1 contract
Samples: Employment Agreement (Atlantic Central Enterprises LTD)