Termination of Employment by the Company for Cause. The Company may terminate Executive's employment if such termination is for "Cause" (as defined herein) and Cause is not cured by Executive within any available cure period provided below. Such notice must set forth in reasonable detail the facts underlying the claim of Cause. For the purposes of this Agreement, "Cause" shall be defined as any of the following, which act or omission is in bad faith by Executive without a reasonable belief that such act or omission would benefit the Company:
Appears in 9 contracts
Samples: Employment Agreement (Billserv Inc), Employment Agreement (Broadcast Com Inc), Employment Agreement (Broadcast Com Inc)
Termination of Employment by the Company for Cause. The Company may terminate A termination of the Executive's employment if such termination is by the Company for "Cause" (as defined herein) and Cause is shall not cured by Executive within any available cure period provided below. Such notice must set forth in reasonable detail take effect unless the facts underlying the claim of Cause. For the purposes provisions of this AgreementSection 12(c) are complied with and the Board issues a written determination that the Executive's employment should be terminated for Cause (a "Determination").
(1) In accordance with Section 26 below, the CEO shall give the Executive a written notice stating his intention to terminate the Executive's employment for Cause (the "Cause" shall be defined as any of the following, which act or omission is in bad faith by Executive without a reasonable belief that such act or omission would benefit the CompanyCause Notice"). The Cause Notice shall:
Appears in 4 contracts
Samples: Employment Agreement (Metallurg Inc), Employment Agreement (Metallurg Holdings Inc), Employment Agreement (Metallurg Inc)
Termination of Employment by the Company for Cause. The Company may terminate Executive's employment if such termination is for "Cause" (as defined herein) and Cause is not cured by Executive within any available cure period provided below. Such notice must set forth in reasonable detail the facts underlying the claim of Cause. For the purposes of this Agreement, "Cause" shall be defined as any of the following, which act or omission is in bad faith by Executive without a reasonable belief that such act or omission would benefit the Company:
Appears in 2 contracts
Samples: Employment Agreement (Billserv Com Inc), Employment Agreement (Billserv Com Inc)
Termination of Employment by the Company for Cause. The Company may terminate Executive's employment upon giving written notice thereof, if such termination is for "Cause" (as defined herein) and Cause is not cured by Executive within any available cure period provided below. Such notice must set forth in reasonable detail the facts underlying the claim of Cause. For the purposes of this Agreement, "Cause" shall be defined as any of the following, which act or omission is in bad faith made or omitted by Executive without a reasonable belief that such act or omission would benefit the Company:
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