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

Termination for Cause by the Company. The Company, by written notice to the Executive, may immediately terminate this Agreement and the Executive’s employment hereunder for Cause. As used herein, a termination by the Company “for Cause” shall mean that the Executive has (i) willfully or materially refused to perform a material part of his duties hereunder, (ii) materially breached the provisions of Sections 9, 10 or 11 hereof, (iii) acted fraudulently or dishonestly in his relations with the Company, (iv) committed larceny, embezzlement, conversion or any other act involving the misappropriation of Company funds or assets in the course of his employment, or (v) been indicted or convicted of any felony or other crime involving an act of moral turpitude.

Termination for Cause by the Company. The Company, by written notice to the Executive, may immediately terminate this Agreement and the Executive’s 's employment hereunder for Cause. As used herein, a termination by the Company “"for Cause” " shall mean that the Executive has (i) willfully or materially refused to perform a material part of his duties hereunder, (ii) materially breached the provisions of Sections 98, 9 or 10 or 11 hereof, (iii) acted fraudulently or dishonestly in his relations with the Company, (iv) committed larceny, embezzlement, conversion or any other act involving the misappropriation of Company funds or assets in the course of his employment, or (v) been indicted or convicted of any felony or other crime involving an act of moral turpitude.

Termination for Cause by the Company. The Company, by written notice to the Executive, may immediately terminate this Agreement and the Executive’s 's employment hereunder for Cause. As used herein, a termination by the Company “"for Cause” " shall mean that the Executive has (i) willfully or materially refused to perform a material part of his duties hereunder, (ii) materially breached the provisions of Sections 9, 10 or 11 hereof, (iii) acted fraudulently or dishonestly in his relations with the Company, (iv) committed larceny, embezzlement, conversion or any other act involving the misappropriation of Company funds or assets in the course of his employment, or (v) been indicted or convicted of any felony or other crime involving an act of moral turpitude.