A termination definition

A termination with cause" may occur as provided by law or as a result of any criminal activity, reckless misconduct, gross negligence, non-satisfactory performance or abandonment of corporate responsibility. In the event of a termination by Company with cause, Company agrees to provide Employee with one (1) day's notice and pay, but will not have any further obligations under this Agreement, except as provided by law. Company may elect to waive the one (1) day notice requirement by providing one (1) day's pay in lieu of notice.
A termination. For Cause" means any of (A) the willful failure by Employee to follow the reasonable instructions of the Board of Directors after written notice to Employee of such failure, (B) the willful commission by Employee of acts that are dishonest, unethical, or inconsistent with the local normal business standards, (C) the commission by Employee of a felonious act, (D) intentional wrongful disclosure of confidential information of T-NETIX, (E) Employee's engagement in any competitive activity in violation of Section 9, or (F) Employee's gross neglect of his duties.
A termination with cause" may occur as

Examples of A termination in a sentence

  • A termination of the terms of this Agreement pursuant to the preceding sentence shall be effective for all purposes, except that such termination shall not affect the payment or provision of compensation or benefits on account of a termination of employment occurring prior to the termination of the terms of this Agreement.

  • A termination for Cause shall be deemed to occur (subject to reinstatement upon a contrary final determination by the Committee) on the date on which the Service Recipient first delivers written notice to the Participant of a finding of termination for Cause.

  • A termination of employment shall not be deemed to have occurred for purposes of any provision of this Agreement providing for the payment of any amounts or benefits upon or following a termination of employment unless such termination constitutes a “Separation from Service” within the meaning of Section 409A and, for purposes of any such provision of this Agreement references to a “termination,” “termination of employment” or like terms shall mean Separation from Service.

  • A termination from employment under this Agreement shall mean a “Separation from Service” as interpreted in accordance with Code Section 409A and generally meaning the date on which the Executive is no longer performing services for the Employer.

  • A termination on account of Cause shall be communicated by written notice to the Participant, and shall be deemed to occur on the date such notice is delivered to the Participant.


More Definitions of A termination

A termination. For Cause" means any of (A) the willful failure by Employee to follow the reasonable instructions of the Chief Executive Officer (or President if T-NETIX does not have a Chief Executive Officer) after written notice to Employee of such failure, (B) the willful commission by Employee of acts that are dishonest, unethical, or inconsistent with the local normal business standards, (C) the commission by Employee of a felonious act, (D) intentional wrongful disclosure of confidential information of T-NETIX, (E) Employee's engagement in any competitive activity in violation of Section 9, or (F) Employee's gross neglect of his duties.
A termination. WITHOUT CAUSE" means a termination at the will of Calypte other than for "cause" as defined in Paragraph 2(b)(i)(B) hereof.
A termination. For Cause" means that Executive (i) is terminated for any act of personal dishonesty taken by the Executive in connection with Executive's responsibilities to the Company intended to result in personal enrichment for Executive, (ii) is convicted of a felony, (iii) is terminated due to a willful act that constitutes misconduct and is injurious to the Company, (iv) is terminated as a result of gross negligence, recklessness, or willful misconduct or malfeasance in the performance by the Executive of his duties pursuant to this Agreement, provided, however, that unless such act or omission is not -------- ------- capable of being remedied, the Company shall have given written notice of such gross negligence, recklessness, or willful misconduct or malfeasance to the Executive and the Executive shall not have cured the same within thirty (30) days following such notice, (v) is terminated as a result of the willful and repeated failure by the Executive to perform his duties and obligations substantially in compliance with this Agreement, provided, however, that unless -------- ------- such breach is not capable of being remedied, the Company shall have given written notice of any such breach to the Executive and the Executive shall not have cured the same within fifteen (15) days following such notice or (vi) is terminated as a result of the breach by the Executive of any of the provisions of Section 10 which has resulted in material damage to the business or reputation of the Company.
A termination. Without Cause" shall mean, with respect to the termination of the Company Services of the Xxxxxx Services, a termination of Company Services or Xxxxxx Services by the Company Board or the Xxxxxx Board, as applicable, other than due to death or Disability as described in Section 6(a) or Cause as defined in Section 6(b).
A termination. Without Cause" shall mean a termination of Executive's employment by Instinet other than due to Executive's death or Disability as described in Section 7(a) and other than for Cause as described in Section 7(b).
A termination. Event has occurred; or a trustee shall be appointed to administer any Plan or Plans under Section 4042 of ERISA; or the Pension Benefit Guaranty Corporation shall institute proceedings to terminate or to have a trustee appointed to administer, any Plan or Plans, and the proceeding shall not be dismissed within thirty (30) days; or a voluntary notice of intent to terminate is filed under Section 4041 of ERISA which would, in the opinion of Bank, have a material adverse effect on the financial condition of the Borrower and its Subsidiaries taken as a whole; or, with respect to any Plan as to which the Borrower or any Subsidiary may have any liability, there shall exist a deficiency in the Plan assets available to satisfy the benefits guaranteeable under ERISA with respect to the Plan which is material to the financial condition of the Borrower and such Subsidiary taken as a whole, and (a) steps are undertaken to terminate the Plan, or (b) the Plan is terminated, or (c) any Reportable Event which presents a material risk of termination with respect to the Plan shall occur.
A termination. For Cause" means that Purchaser (i) is terminated for any act of personal dishonesty taken by the Purchaser in connection with Purchaser's responsibilities to the Company intended to result in personal enrichment for Purchaser, (ii) is convicted of a felony, (iii) is terminated due to a willful act that constitutes misconduct and is injurious to the Company, (iv) is terminated as a result of gross negligence, recklessness, or willful misconduct or malfeasance in the performance by the Purchaser of his duties, (v) is terminated as a result of the willful and repeated failure by the Purchaser to perform his duties and obligations substantially in compliance with his Employment Agreement (as defined below) or (vi) is terminated as a result of the breach by the Purchaser of any of the provisions of Section 10 of his employment agreement with the Company, entered into as of January 24, 2000 (the "Employment Agreement"), which has resulted in material damage to the business or reputation of the Company.