Common use of Termination for Cause by Employer Clause in Contracts

Termination for Cause by Employer. Employer may terminate Executive's employment under this Agreement immediately at any time for "Cause", which shall include, but is not limited to: (a) acts or omissions constituting gross negligence, recklessness or willful misconduct on the part of Executive with respect to his obligations or otherwise relating to the business of Employer; (b) Executive's material breach of this Agreement; (c) Executive's conviction or entry of a plea of nolo contendere for fraud, misappropriation or embezzlement, or any felony or crime of moral turpitude; (d) Executive's dishonesty or involvement in any conduct that adversely affects Employer's name or public image or is otherwise detrimental to Employer's business interests; (e) Executive's willful neglect of duties as determined in the sole and exclusive discretion of Employer; or (f) Executive's death.

Appears in 7 contracts

Samples: Employment Agreement (Overland Data Inc), Employment Agreement (Overland Data Inc), Employment Agreement (Overland Data Inc)

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Termination for Cause by Employer. Employer may terminate Executive's ’s employment under this Agreement immediately at any time for "Cause", which shall include, but is not limited to: (a) acts or omissions constituting gross negligence, recklessness or willful misconduct on the part of Executive with respect to his obligations or otherwise relating to the business of Employer; (b) Executive's ’s material breach of this Agreement; (c) Executive's ’s conviction or entry of a plea of nolo contendere for fraud, misappropriation or embezzlement, or any felony or crime of moral turpitude; (d) Executive's ’s dishonesty or involvement in any conduct that adversely affects Employer's ’s name or public image or is otherwise detrimental to Employer's ’s business interests; (e) Executive's ’s willful neglect of duties as determined in the sole and exclusive discretion of Employer; or (f) Executive's ’s death.

Appears in 1 contract

Samples: Employment Agreement (Overland Storage Inc)

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