Termination by the Companies for Cause. If the Officer’s employment by the Companies shall be terminated for Cause (as defined in Section 7.4), the Companies shall pay the Officer his or her Total Base Salary earned through the Date of Termination at the rate in effect at the time Notice of Termination is given and the Companies shall have no further salary obligations to the Officer under this Agreement. The Officer shall be entitled to such retirement benefits as he or she may otherwise be entitled to on the Date of Termination. Effective as of the Date of Termination, the Officer shall no longer be an employee of the Companies and shall no longer be entitled to the privileges and benefits thereof.
Termination by the Companies for Cause. Subject to any ------------ --------------------------------------- opportunity to cure on the part of Employee, the Companies may for Cause (as hereinafter defined) terminate Employee's employment hereunder upon written notice specifying the particulars of the Cause. "Cause" shall mean:
Termination by the Companies for Cause. Either Company may terminate Executive’s employment prior to the expiration of the Term of Employment by written notice to the Executive for Cause (as defined below). In the event of termination of Executive’s employment in accordance with the conditions of this paragraph 3(a), the Term of Employment shall end, all of the Executive’s obligations pursuant to this Agreement (except for those provided in paragraphs 4, 5 and 6) shall end and the Companies’ obligations to pay compensation to the Executive pursuant to paragraph 2 shall cease on the effective date of termination.
(i) For purposes of this Agreement, “Disability” shall mean a physical or mental sickness or any injury which renders Executive incapable of performing the services required of him as an executive of the Companies and which does or, based upon a qualified medical opinion, may be expected to continue to a reasonable degree of medical certainty for more than four months during any 12-month period. If Executive shall be able to perform his usual and customary duties on behalf of the Companies following a period of disability, and does so perform such duties or such other duties as are prescribed by the Board for a period of four continuous months, any subsequent period of disability shall be regarded as a new period of disability for purposes of this Agreement. The Board and Executive shall determine the existence of a Disability and the date upon which it occurred. In the event of a dispute regarding whether or when a Disability occurred, the matter shall be referred to a medical doctor selected by the Board and Executive. If they fail to agree upon such a medical doctor, the Board and Executive shall each select a medical doctor who together shall select a third medical doctor who shall make the determination. Such determination shall be conclusive and binding upon the parties hereto.
(ii) For purposes of this Agreement, “Cause” shall mean Executive [a] violated the terms of sections 4, 5 or 6 of this Agreement; [b] received a written notice from the President specifying Executive’s failure to substantially perform his duties to either Company to the reasonable satisfaction of the Board, acting in good faith and such failure continues after Executive shall have had 30 days to cure such performance; [c] convicted of a felony or a crime involving moral turpitude; [d] engaged in serious misconduct which is demonstrably injurious to a Company; [e] engaged in fraud or dishonesty with respect t...
Termination by the Companies for Cause. The Companies may terminate the Executive’s engagement hereunder for Cause at any time upon notice to the Executive setting forth in reasonable detail the nature of such Cause. The following, as determined by the Boards in their reasonable and good faith judgment, shall constitute Cause for termination: (i) the commission by or indictment of the Executive for (A) a felony, or (B) any misdemeanor involving moral turpitude, deceit, dishonesty or fraud (“indictment” for these purposes, meaning an indictment, probable cause hearing or any other procedure pursuant to which an initial determination of probable or reasonable cause with respect to such offense is made), (ii) failure to perform to the reasonable satisfaction of any of the Boards a substantial portion of the Executive’s duties and responsibilities assigned or delegated under this Agreement, which failure continues, in the reasonable judgment of such Board, after written notice given to the Executive by such Board, (iii) gross negligence, willful misconduct or insubordination of the Executive with respect to the Companies, or (iv) material breach by the Executive of any of the provisions of this Agreement. Upon the giving of notice of termination of the Executive’s engagement hereunder for Cause, the Companies shall not have any further obligation or liability to the Executive, other than for fees earned and unpaid and un-reimbursed business expenses outstanding at the date of termination.
Termination by the Companies for Cause. The Executive's employment may be terminated by the Companies for Cause only by following the procedures set forth below.
Termination by the Companies for Cause. (i) The employment of the Executive under this Agreement may be terminated by the Company for Cause. For purposes of this Agreement, “Cause” shall mean:
Termination by the Companies for Cause. The Companies may terminate the Executive’s employment under this Agreement for “Cause” (as defined below) by delivery of written notice to the Executive specifying the Cause or Causes relied upon for such termination. Any notice of termination given pursuant to this Section 4.1.2 shall effect termination as of the date of the notice, or as of such other date as specified in the notice.
Termination by the Companies for Cause. The Companies may terminate this Agreement and Employee's employment with Cause (as defined below) prior to the expiration of this Agreement, by sending Employee written notice of such termination for Cause. The date of such notice shall be the date of termination of this Agreement. If the Companies terminate Employee's employment for Cause, Employee shall not receive any severance payment or other benefits pursuant to any employee benefit plan or policy of either of the Companies. For purposes of this Agreement, "Cause" shall mean (1) dishonesty or fraud resulting in damage to the business of the Companies or its Associated Companies; (2) embezzlement or theft of assets of the Companies or any of their Associated Companies;
Termination by the Companies for Cause. The Board may terminate Executive’s employment for Cause. “Cause” shall mean (i) Executive’s material failure to carry out or comply with any lawful directive of the Board consistent with the terms of this Agreement, which failure is not remedied by the Executive within thirty (30) days after receiving written notice from the Board specifying such failure; (ii) the knowing and willful engagement in a fraudulent act to the damage or prejudice of the Company or in conduct or activities damaging to the property, business or reputation of the Company, all as determined by the Board; (iii) a conviction of or plea of guilty or nolo contendere to, or the confession to, the commission of any felony, any misdemeanor involving moral turpitude or any act of fraud, misappropriation or embezzlement; (iv) any act or omission involving willful malfeasance or negligence in the performance of Executive’s duties hereunder to the detriment of the Company, all as determined by the Board, which, if capable of correction (as determined by the Board), has not been corrected by Executive within thirty (30) days after written notice by the Company of any such act or omission; (v) failure by Executive to comply in any material respect with terms of any written policies or directives of the Company (including, but not limited to, policies relating to avoidance of discrimination and harassment) as determined by the Board, which, if capable of correction (as determined by the Board), has not been corrected by Executive within thirty (30) days after written notice from the Company of such failure, or (vi) breach by Executive of the provisions set forth in Section 7, as determined by the Board
Termination by the Companies for Cause. If the Services Relationship is terminated by the Company for Cause pursuant to Section 6(c) hereof, the Companies will, within 30 days, pay in a lump sum amount to KSC any accrued and unpaid Service Fee, Bonus Fee and Benefits Reimbursement Amount through the date of such termination.
