Common use of Substantial Cause Clause in Contracts

Substantial Cause. Employee understands that the Company retains its right to terminate this Agreement at any time for Substantial Cause. "Substantial Cause" shall mean, for purposes of this Agreement, a material breach of this Agreement or the Employment Agreement.

Appears in 1 contract

Samples: Separation Agreement (Callaway Golf Co /Ca)

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Substantial Cause. Employee understands that the Company retains its right to terminate this Agreement at any time for Substantial Cause. "Substantial Cause" shall mean, for purposes of this Agreement, a failure by Employee to substantially perform his obligations hereunder or other material breach of this Agreement Agreement, including, without limitation, any breach of sections 3 or the Employment 12 of this Agreement.

Appears in 1 contract

Samples: Resignation Agreement and General Release (Callaway Golf Co /Ca)

Substantial Cause. Employee understands that the Company retains its right to terminate this Agreement at any time for Substantial Cause. "Substantial Cause" shall mean, for purposes of this Agreement, a failure by Employee to substantially perform his obligations hereunder or other material breach of this Agreement Agreement, including, without limitation, any breach of sections 3, 5, 13, 14 or the Employment 23 of this Agreement.

Appears in 1 contract

Samples: Resignation and Consulting Agreement (Callaway Golf Co /Ca)

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Substantial Cause. (a) Employee understands that the Company retains its right to terminate this Agreement at any time for Substantial Causesubstantial cause. "Substantial Causecause" shall mean, for purposes of this Agreement, a material breach of this Agreement or the Employment Agreement.

Appears in 1 contract

Samples: Separation Agreement (Callaway Golf Co /Ca)

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