Common use of Willful Breach Clause in Contracts

Willful Breach. If Consultant (X) willfully commits a material breach of this Agreement or (Y) a material breach of any fiduciary duties owed to Company, which is not cured to the reasonable satisfaction of a majority of the Board of Directors (excluding Consultant if he is then a member of the Board) within thirty (30) days of written notice to Consultant.

Appears in 4 contracts

Sources: Consulting and License Agreement (NGTV), Consulting Agreement (NGTV), Consulting Agreement (NGTV)