Termination by the Company for Good Cause. The Company may terminate Executive’s employment upon 10 days prior written notice to Executive for “Good Cause,” which shall mean any one or more of the following: (A) Executive’s willful dishonesty, fraud, or misconduct with respect to the business or affairs of the Company, which materially and adversely affects the operations or reputation of the Company; (B) Executive’s indictment for, conviction of, or guilty plea to a felony crime involving dishonesty or moral turpitude whether or not relating to the Company; or (C) a confirmed positive illegal drug test result. In the event of a termination by the Company for Good Cause, Executive shall have no right to any severance compensation.
Appears in 7 contracts
Samples: Employment Agreement (Brillian Corp), Employment Agreement (Brillian Corp), Employment Agreement (Brillian Corp)
