Common use of Termination by Corporation for Cause Clause in Contracts

Termination by Corporation for Cause. Corporation may terminate Executive’s employment under this Agreement for Cause at any time. For purposes of this Agreement, “Cause” means: (a) Executive’s willful material misconduct in performance of the duties of his position with Corporation or a material breach by Executive of this Agreement, (b) Executive’s willful commission of a material act of malfeasance, dishonesty, or breach of trust against Corporation or its successors that materially xxxxx or discredits Corporation or its successors or is materially detrimental to the reputation of Corporation or its successors, or (c) Executive’s conviction of or a plea of nolo contendere to a felony involving moral turpitude. In all cases, Corporation will give Executive notice setting for forth in reasonable detail the specific respects in which the Corporation believes it has Cause to terminate Executive and allow Executive a reasonable opportunity to correct such conduct.

Termination by Corporation for Cause. Corporation may terminate Executive’s 's employment under this Agreement for Cause at any time. For purposes of this Agreement, “"Cause” " means: (a) Executive’s 's willful material misconduct in performance of the duties of his her position with Corporation or a material breach by Executive of this Agreement, (b) Executive’s 's willful commission of a material act of malfeasance, dishonesty, or breach of trust against Corporation or its successors that materially xxxxx or discredits Corporation or its successors or is materially detrimental to the reputation of Corporation or its successors, or (c) Executive’s 's conviction of or a plea of nolo contendere to a felony involving moral turpitude. In all cases, Corporation will give Executive notice setting for forth in reasonable detail the specific respects in which the Corporation believes it has Cause to terminate Executive and allow Executive a reasonable opportunity to correct such conduct.

Termination by Corporation for Cause. Corporation may terminate Executive’s employment under this Agreement for Cause at any time. For purposes of this Agreement, “Cause” means: (a) Executive’s willful material misconduct in performance of the duties of his her position with Corporation or a material breach by Executive of this Agreement, (b) Executive’s willful commission of a material act of malfeasance, dishonesty, or breach of trust against Corporation or its successors that materially xxxxx or discredits Corporation or its successors or is materially detrimental to the reputation of Corporation or its successors, or (c) Executive’s conviction of or a plea of nolo contendere to a felony involving moral turpitude. In all cases, Corporation will give Executive notice setting for forth in reasonable detail the specific respects in which the Corporation believes it has Cause to terminate Executive and allow Executive a reasonable opportunity to correct such conduct.

Termination by Corporation for Cause. Corporation may terminate Executive’s 's employment under this Agreement for Cause at any time. For purposes of this Agreement, “"Cause” " means: (a) Executive’s 's willful material misconduct in performance of the duties of his position with Corporation or a material breach by Executive of this Agreement, (b) Executive’s 's willful commission of a material act of malfeasance, dishonesty, or breach of trust against Corporation or its successors that materially xxxxx harms or discredits Corporation or Corporatiox xx its successors or is materially detrimental to the reputation of Corporation or its successors, or (c) Executive’s 's conviction of or a plea of nolo contendere to a felony involving moral turpitude. In all cases, Corporation will give Executive notice setting for forth in reasonable detail the specific respects in which the Corporation believes it has Cause to terminate Executive and allow Executive a reasonable opportunity to correct such conduct.

Termination by Corporation for Cause. Corporation may terminate Executive’s 's employment under this Agreement for Cause at any time. For purposes of this Agreement, “"Cause” " means: (a) Executive’s 's willful material misconduct in performance of the duties of his position with Corporation or a material breach by Executive of this Agreement, (b) Executive’s 's willful commission of a material act of malfeasance, dishonesty, or breach of trust against Corporation or its successors that materially xxxxx or discredits Corporation or its successors or is materially detrimental to the reputation of Corporation or its successors, or (c) Executive’s 's conviction of or a plea of nolo contendere to a felony involving moral turpitude. In all cases, Corporation will give Executive notice setting for forth in reasonable detail the specific respects in which the Corporation believes it has Cause to terminate Executive and allow Executive a reasonable opportunity to correct such conduct.