Termination of Cause Sample Clauses

Termination of Cause. If the Bank terminates the Executive's employment for: 5.2.1 Gross negligence or gross neglect of duties; 5.2.2 Commission of a felony or of a gross misdemeanor involving moral turpitude; or 5.2.3 Fraud, disloyalty, dishonestly or willful violation of any law, regulation or significant Bank policy committed in connection with the Executive's employment and resulting in an adverse effect on the Bank.
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Termination of Cause. Millbrook reserves the right to terminate this Agreement at any time for "cause" as defined below. As used in this Agreement, the term "cause" shall mean (i) the commission by you of any act which would constitute a felony under state or federal law, or the equivalent under foreign law; if prosecuted; (ii) the commission by you of any act of moral turpitude; (iii ) the material breach by you of any of the provisions of this Agreement; (iv) your failure or refusal to perform your obligations under this Agreement, or other acts or omissions constituting neglect or dereliction of duties hereunder; (v) fraud, dishonesty or other acts or omissions by you that amount to a willful breach of your fiduciary duty to Millbrook; or (vi) the happening of any other event which, under provisions of any laws applicable to Millbrook or its activities, disqualifies you from acting in any or all capacities provided for herein. Millbrook may, at its option, terminate this Agreement for the reasons stated in this Section by giving written notice of termination to you without prejudice to any other remedy to which Millbrook may be entitled either by law, in equity, or under this Agreement. Notwithstanding the foregoing, if Millbrook proposes to exercise this right, it will provide you with written notice and give you a reasonable opportunity to present, with the assistance of an attorney if you so choose, to the Board of Directors of Millbrook facts and witnesses related to the proposed termination before such termination becomes effective. Upon any such termination under this Section, and upon Millbrook's request, you agree to resign from all directorships and positions as an executive officer you may then hold with Millbrook or any of its affiliates.
Termination of Cause. The ADO may cancel and terminate this Agreement for cause immediately upon written notice to the Attorney. “Cause” includes but is not limited to the revocation or suspension of the Attorney’s license to practice law or the failure of the Attorney to perform a material requirement of this Agreement. The amount received by the Attorney to the date of termination for cause shall constitute full compensation pursuant to this Agreement.
Termination of Cause. Pop N Go may terminate this agreement prior to the one year initial term or any renewal thereafter for cause, as defined be here- in below: A. If Pop N Go receives in excess of three (3) written complaints regarding Canalport from a single location within a thirty (30) day period. However, the aforesaid complaints will not cause a termination for a cause unless Canalport has been provided with written notice of any and all such complaints and has had at least fifteen (15) business days to rectify any such complained of problems with location. B. If Canalport becomes adjudicated bankrupt or makes voluntary assignment for the benefit of the creditors. C. If Canalport breaches a material term of this agreement and only if, after the provision of fifteen (15) business days written notice Canalport, Canalport fails to cure actual material breach. D. If Canalport assigns any of the rights assigned to Canalport under this agreement, without the prior written consent of Pop N Go, in accordance with paragraph 16 below.
Termination of Cause. ZealiD may terminate this Agreement, including any Addendum, immediately if Reseller: A. materially breach this Agreement (including any appendices or addenda thereto) and fail to remedy the material breach within ten (10) days after receiving notice of the material breach; B. engage in illegal or fraudulent activity in connection with this Agreement or in activity that could otherwise materially harm ZealiD’s business in connection with this Agreement; C. have a receiver, trustee, or liquidator appointed over substantially all of Reseller assets; D. have an involuntary bankruptcy proceeding filed against Reseller that is not dismissed within 30 days of filing; or E. file a voluntary petition of bankruptcy or reorganization.
Termination of Cause. Either party will have the right to terminate this Agreement if the other party breaches any material term or condition of this Agreement and fails to cure such breach within thirty (30) days after receipt of written notice of the same.
Termination of Cause. Either party shall have the right to terminate this Agreement for cause if the other party: (a) Fails to perform any material term or condition of this Agreement, and does not remedy the failure with thirty (45) days after receipt of written notice of such default given by the non-defaulting party; or (b) Becomes insolvent, files or has filed against it a petition under applicable bankruptcy or insolvency laws which is not dismissed within ninety (90) days, proposes any dissolution, composition or financial reorganization with creditors, makes an assignment for the benefit of creditors, or if a receiver, trustee, custodial or similar agent is appointed or takes possession with respect to any property or business of the defaulting party.
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Termination of Cause. Notwithstanding anything set forth in this Agreement to the contrary, the Company shall have the right to terminate the Executive's employment for Cause (as defined in this Section 6.1) at any time prior to the Termination Date, immediately upon notice to the Executive, which such notice shall state with reasonable specificity the grounds pursuant to which the Company has elected to terminate the Executive's employment for Cause. For the purposes of this Agreement, "Cause" shall mean (i) the willful and material breach or the willful and material failure by the Executive to perform his duties and obligations under this Agreement (including if by reason of habitual intoxication or addition to any controlled substance or other drug) which such willful and material breach or failure is not cured within a reasonable period of time after the Company has provided notice of such breach or failure to the Executive, (ii) the commission by the Executive of a material act of dishonesty in the performance of his duties hereunder (such as, for example, the willful misappropriation of funds or property of the Company), (iii) the Executive being convicted of a crime involving the Company, (iv) the Executive willfully violating any material provision of this Agreement, which such willful and material violation is not cured within a reasonable period of time after the Company has provided notice of such violation to the Executive, or (v) in the event the Executive has been convicted of any felony or any crime involving moral turpitude or dishonesty. Notices required to be provided by the Company to the Executive under this Section 6.1 shall state the specific nature of the alleged "Cause".
Termination of Cause. Buyer may terminate all or any part of this Purchase Order for good cause without giving notice. Such good cause for termination shall in particular include the following: (i) Seller breaches a material duty of this Purchase Order or of any other agreement between Buyer and Seller or threatens to breach a material duty of this Purchase Order or of any other agreement between Buyer and Seller; (ii) Xxxxxx is presumably unable to fulfil his obligations arising from this Purchase Order in a timely manner; (iii) an insolvency petition is filed in respect of the assets of Seller or the opening of insolvency proceedings against the assets of Seller is rejected for lack of assets.
Termination of Cause. If, for any cause, Town or County fails to fulfill in a timely and proper manner its obligations under this Agreement, the Town or County shall then have the right to terminate this Agreement, in whole or in part, by giving written notice to the other party of such termination and specifying the date of termination at least ten (10) days before the date of such termination.
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