Common use of Termination of Employment With Cause Clause in Contracts

Termination of Employment With Cause. If the Participant is terminated for Cause, the Performance Share Unit Award will be forfeited. For this purpose, “Cause” is defined in the employment agreement in effect between the Participant and the Company or any subsidiary, including any employment agreement entered into after the Award Date. In the absence of an employment agreement, “Cause” means any breach by the Participant of any of his or her material obligations under any Company policy or procedure, including, without limitation, the Code of Conduct.

Appears in 6 contracts

Samples: Performance Share Unit Award Agreement (Estee Lauder Companies Inc), Performance Share Unit Award Agreement (Estee Lauder Companies Inc), Performance Share Unit Award Agreement (Estee Lauder Companies Inc)

AutoNDA by SimpleDocs

Termination of Employment With Cause. If the Participant is terminated for Cause, the Performance Share Unit Award will be forfeited. For this purpose, “Cause” is defined in the employment agreement in effect between the Participant and the Company or any subsidiary, including any employment agreement entered into after the Award Grant Date. In the absence of an employment agreement, “Cause” means any breach by the Participant of any of his or her material obligations under any Company policy or procedure, including, without limitation, the Code of Conduct.

Appears in 4 contracts

Samples: Performance Share Unit Award Agreement (Estee Lauder Companies Inc), Performance Share Unit Award Agreement (Estee Lauder Companies Inc), Performance Share Unit Award Agreement (Estee Lauder Companies Inc)

Termination of Employment With Cause. If the Participant is terminated for Cause, the Performance Share Unit Award will be forfeited. For this purpose, “Cause” is defined in the employment agreement in effect between the Participant and the Company or any subsidiary, including any employment agreement entered into after the Award Grant Date. In the absence of an employment agreement, “Cause” means any breach by the Participant of any of his or her material obligations under any Company policy or procedure, including, without limitation, the Code of Conduct.the

Appears in 2 contracts

Samples: Performance Share Unit Award Agreement (Estee Lauder Companies Inc), Performance Share Unit Award Agreement (Estee Lauder Companies Inc)

Termination of Employment With Cause. If In the event the Participant is terminated for Cause, the Performance Share Unit Award will shall be forfeited. For this purposepurposes hereof, "Cause” is defined " shall have the meaning in the any employment agreement as in effect between the Participant and the Company or any subsidiarysubsidiary and, including any employment agreement entered into after the Award Date. In in the absence of an employment any such agreement, “Cause” means shall mean any breach by the Participant of any of his or her material obligations under any Company policy or procedure, including, without limitationlimiting the generality, the Code of Conduct.

Appears in 2 contracts

Samples: Performance Share Unit Award Agreement (Estee Lauder Companies Inc), Performance Share Unit Award Agreement (Estee Lauder Companies Inc)

Termination of Employment With Cause. If the Participant is terminated for Cause, the Performance Share Unit Award will be forfeited. For this purpose, “Cause” is defined in the employment agreement in effect between the Participant and the Company or any subsidiary, including any employment agreement entered into after the Award Date. In the absence of an employment agreement, “Cause” means any breach by the Participant of any of his or her material obligations under any Company policy or procedure, including, without limitation, the Code of Conduct. Notwithstanding the foregoing, in the case of a Participant who has an employment agreement that includes a definition of “Cause,” “Cause” for purposes of this Section 4(f) shall have the same meaning as defined in such employment agreement in effect between the Participant and the Company or its U.S. subsidiary, including an employment agreement entered into after the Grant Date.

Appears in 2 contracts

Samples: Performance Share Unit Award Agreement (Estee Lauder Companies Inc), Performance Share Unit Award Agreement (Estee Lauder Companies Inc)

AutoNDA by SimpleDocs

Termination of Employment With Cause. If the Participant is terminated for Cause, the Performance Share Unit Award will be forfeited. For this purpose, “Cause” is defined in the employment agreement in effect between the Participant and the Company or any subsidiary, including any employment agreement entered into after the Award Date. In the absence of an employment agreementagreement or such agreement does not define cause, “Cause” means any breach by the Participant of any of his or her material obligations under any Company policy or procedure, including, without limitation, the Code of Conduct.

Appears in 1 contract

Samples: Performance Share Unit Award Agreement (Estee Lauder Companies Inc)

Termination of Employment With Cause. If the Participant is terminated for Cause, the Performance Market Share Unit Award will be forfeited. For this purpose, “Cause” is defined in the employment agreement in effect between the Participant and the Company or any subsidiary, including any employment agreement entered into after the Award Grant Date. In the absence of an employment agreement, “Cause” means any breach by the Participant of any of his or her material obligations under any Company policy or procedure, including, without limitation, the Code of Conduct.

Appears in 1 contract

Samples: Market Share Unit Award Agreement (Estee Lauder Companies Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!