Termination by the Company for Good Cause. During the term, the Company may terminate this Agreement and Executive’s employment at any time for Good Cause. In such event, this Agreement shall terminate on such date as shall be specified in writing by the Company. As used in this Agreement, the term “Good Cause” shall mean (i) any act or omission of gross negligence, willful misconduct, dishonesty, or fraud by Executive in the performance of his duties hereunder or in material violation of the Company’s employment policies and practices, (ii) the material failure or refusal of Executive to timely perform the duties or to render the services reasonably assigned to him from time to time by the Board (other than failures to perform duties or render services substantially due to circumstances beyond the control of Executive, including force majeure events), (iii) Executive’s conviction of or plea of nolo contendere to a crime which has or reasonably would be expected to have a material adverse impact on his ability to perform his duties as Executive Vice President, Chief Financial Officer of the Company, including any crime involving dishonesty or moral turpitude or (iv) the material breach by Executive of this Agreement or the material breach of Executive’s fiduciary duty or duty of trust to the Company as reasonably determined by the Company.
Appears in 2 contracts
Samples: Employment Agreement, Employment Agreement (Bre Properties Inc /Md/)
Termination by the Company for Good Cause. During the term, the Company may terminate this Agreement and Executive’s employment at any time for Good Cause. In such event, this Agreement shall terminate on such date as shall be specified in writing by the Company. As used in this Agreement, the term “Good Cause” shall mean (i) any act or omission of gross negligence, willful misconduct, dishonesty, or fraud by Executive in the performance of his duties hereunder or in material violation of the Company’s employment policies and practices, (ii) the material failure or refusal of Executive to timely perform the duties or to render the services reasonably assigned to him from time to time by the Board (other than failures to perform duties or render services substantially due to circumstances beyond the control of Executive, including force majeure events), (iiiiv) Executive’s conviction of or plea of nolo contendere to a crime which has or reasonably would be expected to have a material adverse impact on his ability to perform his duties as Executive Vice President, Chief Financial Investment Officer of the Company, including any crime involving dishonesty or moral turpitude or (iv) the material breach by Executive of this Agreement or the material breach of Executive’s fiduciary duty or duty of trust to the Company as reasonably determined by the Company.
Appears in 2 contracts
Samples: Employment Agreement (Bre Properties Inc /Md/), Employment Agreement (Bre Properties Inc /Md/)
Termination by the Company for Good Cause. During the term, the Company may terminate this Agreement and Executive’s employment at any time for Good Cause. In such event, this Agreement shall terminate on such date as shall be specified in writing by the Company. As used in this Agreement, the term “Good Cause” shall mean (i) any act or omission of gross negligence, willful misconduct, dishonesty, or fraud by Executive in the performance of his duties hereunder or in material violation of the Company’s employment policies and practices, (ii) the material failure or refusal of Executive to timely perform the duties or to render the services reasonably assigned to him from time to time by the Board (other than failures to perform duties or render services substantially due to circumstances beyond the control of Executive, including force majeure events), (iii) Executive’s conviction of or plea of nolo contendere to a crime which has or reasonably would be expected to have a material adverse impact on his ability to perform his duties as Executive Vice President, Chief Financial Officer Operations of the Company, including any crime involving dishonesty or moral turpitude or (iv) the material breach by Executive of this Agreement or the material breach of Executive’s fiduciary duty or duty of trust to the Company as reasonably determined by the Company.
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Termination by the Company for Good Cause. During the term, the Company may terminate this Agreement and Executive’s employment at any time for Good Cause. In such event, this Agreement shall terminate on such date as shall be specified in writing by the Company. As used in this Agreement, the term “Good Cause” shall mean (i) any act or omission of gross negligence, willful misconduct, dishonesty, or fraud by Executive in the performance of his her duties hereunder or in material violation of the Company’s employment policies and practices, (ii) the material failure or refusal of Executive to timely perform the duties or to render the services reasonably assigned to him her from time to time by the Board (other than failures to perform duties or render services substantially due to circumstances beyond the control of Executive, including force majeure events), (iiiiv) Executive’s conviction of or plea of nolo contendere to a crime which has or reasonably would be expected to have a material adverse impact on his her ability to perform his her duties as Executive Vice President, Chief Financial Officer Asset Management of the Company, including any crime involving dishonesty or moral turpitude or (iv) the material breach by Executive of this Agreement or the material breach of Executive’s fiduciary duty or duty of trust to the Company as reasonably determined by the Company.
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Termination by the Company for Good Cause. During the term, the Company may terminate this Agreement and Executive’s employment at any time for Good Cause. In such event, this Agreement shall terminate on such date as shall be specified in writing by the Company. As used in this Agreement, the term “Good Cause” shall mean (i) any act or omission of gross negligence, willful misconduct, dishonesty, or fraud by Executive in the performance of his duties hereunder or in material violation of the Company’s employment policies and practices, (ii) the material failure or refusal of Executive to timely perform the duties or to render the services reasonably assigned to him from time to time by the Board (other than failures to perform duties or render services substantially due to circumstances beyond the control of Executive, including force majeure events), (iiiiv) Executive’s conviction of or plea of nolo contendere to a crime which has or reasonably would be expected to have a material adverse impact on his ability to perform his duties as Executive Senior Vice President, Chief Financial Officer General Counsel and Corporate Secretary of the Company, including any crime involving dishonesty or moral turpitude or (iv) the material breach by Executive of this Agreement or the material breach of Executive’s fiduciary duty or duty of trust to the Company as reasonably determined by the Company.
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Termination by the Company for Good Cause. During the term, the Company may terminate this Agreement and Executive’s employment at any time for Good Cause. In such event, this Agreement shall terminate on such date as shall be specified in writing by the Company. As used in this Agreement, the term “Good Cause” shall mean (i) any act or omission of gross negligence, willful misconduct, dishonesty, or fraud by Executive in the performance of his duties hereunder or in material violation of the Company’s employment policies and practices, (ii) the material failure or refusal of Executive to timely perform the duties or to render the services reasonably assigned to him from time to time by the Board (other than failures to perform duties or render services substantially due to circumstances beyond the control of Executive, including force majeure events), (iiiiv) Executive’s conviction of or plea of nolo contendere to a crime which has or reasonably would be expected to have a material adverse impact on his ability to perform his duties as Executive Vice President, President and Chief Financial Officer of the Company, including any crime involving dishonesty or moral turpitude or (iv) the material breach by Executive of this Agreement or the material breach of Executive’s fiduciary duty or duty of trust to the Company as reasonably determined by the Company.
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Termination by the Company for Good Cause. During the term, the Company may terminate this Agreement and Executive’s employment at any time for Good Cause. In such event, this Agreement shall terminate on such date as shall be specified in writing by the Company. As used in this Agreement, the term “Good Cause” shall mean (i) any act or omission of gross negligence, willful misconduct, dishonesty, or fraud by Executive in the performance of his duties hereunder or in material violation of the Company’s employment policies and practices, (ii) the material failure or refusal of Executive to timely perform the duties or to render the services reasonably assigned to him from time to time by the Board (other than failures to perform duties or render services substantially due to circumstances beyond the control of Executive, including force majeure events), (iiiiv) Executive’s conviction of or plea of nolo contendere to a crime which has or reasonably would be expected to have a material adverse impact on his ability to perform his duties as Executive Vice President, Chief Financial Officer of the Company, including any crime involving dishonesty or moral turpitude or (iv) the material breach by Executive of this Agreement or the material breach of Executive’s fiduciary duty or duty of trust to the Company as reasonably determined by the Company.
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Termination by the Company for Good Cause. During the term, the Company may terminate this Agreement and Executive’s employment at any time for Good Cause. In such event, this Agreement shall terminate on such date as shall be specified in writing by the Company. As used in this Agreement, the term “Good Cause” shall mean (i) any act or omission of gross negligence, willful misconduct, dishonesty, or fraud by Executive in the performance of his her duties hereunder or in material violation of the Company’s employment policies and practices, (ii) the material failure or refusal of Executive to timely perform the duties or to render the services reasonably assigned to him her from time to time by the Board (other than failures to perform duties or render services substantially due to circumstances beyond the control of Executive, including force majeure events), (iiiiv) Executive’s conviction of or plea of nolo contendere to a crime which has or reasonably would be expected to have a material adverse impact on his her ability to perform his her duties as President and Chief Executive Vice President, Chief Financial Officer of the Company, including any crime involving dishonesty or moral turpitude or (iv) the material breach by Executive of this Agreement or the material breach of Executive’s fiduciary duty or duty of trust to the Company as reasonably determined by the Company.
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Termination by the Company for Good Cause. During the term, the Company may terminate this Agreement and Executive’s employment at any time for Good Cause. In such event, this Agreement shall terminate on such date as shall be specified in writing by the Company. As used in this Agreement, the term “Good Cause” shall mean (i) any act or omission of gross negligence, willful misconduct, dishonesty, or fraud by Executive in the performance of his her duties hereunder or in material violation of the Company’s employment policies and practices, (ii) the material failure or refusal of Executive to timely perform the duties or to render the services reasonably assigned to him from time to time by the Board (other than failures to perform duties or render services substantially due to circumstances beyond the control of Executive, including force majeure events), (iii) Executive’s conviction of or plea of nolo contendere to a crime which has or reasonably would be expected to have a material adverse impact on his her ability to perform his her duties as Executive Vice President, Chief Financial Officer Associate Relations and Development of the Company, including any crime involving dishonesty or moral turpitude or (iv) the material breach by Executive of this Agreement or the material breach of Executive’s fiduciary duty or duty of trust to the Company as reasonably determined by the Company.
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