Common use of Termination by the Partnership for Cause Clause in Contracts

Termination by the Partnership for Cause. The Partnership may terminate this Agreement at any time, in the discretion of the Board, in the event of (i) any conviction of Executive for a felony involving moral turpitude, (ii) any material breach by Executive of a material agreement between Executive and the Partnership or the Crown Pacific Group, including this Agreement, (iii) any material breach caused by Executive of the Partnership Agreement, the limited partnership agreement of any member of the Crown Pacific Group, or any corporation within the Crown Pacific Group, (iv) any conduct by Executive materially injurious to the Partnership or the Crown Pacific Group or their respective businesses, (v) any failure by Executive to comply with policies, procedures, or directives of the Board, providedthat, except where such failure constitutes conduct materially injurious to the Partnership or the Crown Pacific Group or their respective businesses, Executive shall first be given written notice from the Board of such failure and such failure shall not have been cured within 10 days after such notice or, if such failure is not capable of being cured within 10 days, Executive shall not have commenced and be diligently pursuing in good faith efforts to cure such default, or (vi) any fraud, dishonesty, misappropriation of funds, embezzlement, or other similar acts of misconduct by Executive with respect to the Partnership or other Crown Pacific Group. In the event the Partnership terminates Executive's employment pursuant to this Section 5.2, then Executive shall be entitled to his Base Salary and other benefits and bonuses through the Termination Date.

Termination by the Partnership for Cause. The Partnership may terminate this Agreement at any time, in the discretion of the Board, in the event of (i) any conviction of Executive for a felony involving moral turpitude, (ii) any material breach by Executive of a material agreement between Executive and the Partnership or the Crown Pacific Group, including this Agreement, (iii) any material breach caused by Executive of the Partnership Agreement, the limited partnership agreement of any member of the Crown Pacific Group, or any corporation within the Crown Pacific Group, (iv) any conduct by Executive materially injurious to the Partnership or the Crown Pacific Group or their respective businesses, (v) any failure by Executive to comply with policies, procedures, or directives of the Board, providedthatprovided that, except where such failure constitutes conduct materially injurious to the Partnership or the Crown Pacific Group or their respective businesses, Executive shall first be given written notice from the Board of such failure and such failure shall not have been cured within 10 days after such notice or, if such failure is not capable of being cured within 10 days, Executive shall not have commenced and be diligently pursuing in good faith efforts to cure such default, or (vi) any fraud, dishonesty, misappropriation of funds, embezzlement, or other similar acts of misconduct by Executive with respect to the Partnership or other Crown Pacific Group. In the event the Partnership terminates Executive's ’s employment pursuant to this Section 5.2, then Executive shall be entitled to his Base Salary and other benefits and bonuses through the Termination Date.

Termination by the Partnership for Cause. The Partnership may terminate this Agreement at any time, in the discretion of the Board, in the event of (i) any conviction of Executive for a felony involving moral turpitude, (ii) any material breach by Executive of a material agreement between Executive and the Partnership or the Crown Pacific Group, including this Agreement, (iii) any material breach caused by Executive of the Partnership Agreement, the limited partnership agreement of any member of the Crown Pacific Group, or any corporation within the Crown Pacific Group, (iv) any conduct by Executive materially injurious to the Partnership or the Crown Pacific Group or their respective businesses, (v) any failure by Executive to comply with policies, procedures, or directives of the Board, providedthatprovided that, except where such failure constitutes conduct materially injurious to the Partnership or the Crown Pacific Group or their respective businesses, Executive shall first be given written notice from the Board of such failure and such failure shall not have been cured within 10 days after such notice or, if such failure is not capable of being cured within 10 days, Executive shall not have commenced and be diligently pursuing in good faith efforts to cure such default, or (vi) any fraud, dishonesty, misappropriation of funds, embezzlement, or other similar acts of misconduct by Executive with respect to the Partnership or other Crown Pacific GroupGroup or (vii) a material breach by Executive of a representation or warranty made by Executive as a shareholder of Maywood-Xxxxxxxx Forest Products Company pursuant to that certain Asset Purchase Agreement among Maywood-Xxxxxxxx Forest Products Company, as Seller, certain shareholders thereof, and the Company, dated as of September 1, 1996. In the event the Partnership terminates Executive's employment pursuant to this Section 5.2, then Executive shall be entitled to his Base Salary and other benefits and bonuses through the Termination Date.

Termination by the Partnership for Cause. The Partnership may terminate this Agreement at any time, in the discretion of the Board, in the event of (i) any conviction of Executive for a felony involving moral turpitude, (ii) any material breach by Executive of a material agreement between Executive and the Partnership or the Crown Pacific Group, including this Agreement and the Purchase Rights Agreement, (iii) any material breach caused by Executive of the Partnership Agreement, the limited partnership agreement of any member of the Crown Pacific Group, or the charter or bylaws of CPL or any corporation within the Crown Pacific Group, (iv) any conduct by Executive materially injurious to the Partnership or the Crown Pacific Group or their respective businesses, (v) any failure by Executive to comply with policies, procedures, or directives of the Board, providedthatprovided that, except where such failure constitutes conduct materially injurious to the Partnership or the Crown Pacific Group or their respective businesses, Executive shall first be given written notice from the Board of such failure and such failure shall not have been cured within 10 days after such notice or, if such failure is not capable of being cured within 10 days, Executive shall not have commenced and be diligently pursuing in good faith efforts to cure such default, or (vi) any fraud, dishonesty, misappropriation of funds, embezzlement, or other similar acts of misconduct by Executive with respect to the Partnership or other Crown Pacific Group. In the event the Partnership terminates Executive's employment pursuant to this Section 5.26.2, then Executive shall be entitled to his Base Salary and other benefits and bonuses through the Termination Date.