Definition of Cause. Cause" shall mean conduct involving one or more of the following: (i) the substantial and continuing failure of the Optionee, after notice thereof, to render services to the Company or Related Corporation in accordance with the terms or requirements of the Optionee's Business Relationship with the Company; (ii) disloyalty, gross negligence, willful misconduct, dishonesty or breach of fiduciary duty to the Company or Related Corporation; (iii) the commission of an act of embezzlement or fraud; (iv) deliberate disregard of the rules or policies of the Company or Related Corporation which results in direct or indirect loss, damage or injury to the Company or Related Corporation; (v) the unauthorized disclosure of any trade secret or confidential information of the Company or Related Corporation; or (vi) the commission of an act which constitutes unfair competition with the Company or Related Corporation or which induces any customer or supplier to break a contract with the Company or Related Corporation.
Definition of Cause. Cause" is defined for purposes of this Agreement as any act by you of fraud, material dishonesty or serious moral turpitude; or material misconduct or a material breach by you in connection with the performance by you of your responsibilities under this Agreement.
Definition of Cause. “Cause” shall have the meaning set forth in a Participant’s Employment Agreement Term Sheet. For a Participant without an employment agreement, “Cause” shall have the meaning mutually agreed to by the CEO, CFO and Moon.
Examples of Definition of Cause in a sentence
The University of Miami Faculty Manual Section C serves as the source document for cause (see Definition of Cause; C15.1).
Sanctions more severe than oral or written warning or reprimand shall be imposed in accordance with the procedure in 580-021-0325 (Definition of Cause) through 580-021-0385 (Personnel Record).
Such personnel actions should not be considered sanctions for cause unless they result from actions described in 580-021-0325 (Definition of Cause).
Va. C.R. 1:6 states in pertinent part as follows: Definition of Cause of Action.
Supermajority and Definition of Cause – Section 3.2 First, there was a request for a supermajority to separate from service.
More Definitions of Definition of Cause
Definition of Cause. As used herein, "Cause" means any of the following: (A) illegal use of narcotics; (B) habitual public drunkenness by Executive which materially and adversely affects Executive's performance under this Agreement; (C) Executive is convicted by a court of competent jurisdiction, or pleads "no contest" to, a felony involving moral turpitude; (D) Executive engages in fraud, embezzlement or any other illegal conduct substantially detrimental to the business or reputation of Employer, regardless of whether such conduct is designed to defraud Employer or others; (E) Executive intentionally imparts material confidential information relating to Employer or its business to competitors or to other third parties other than in the course of carrying out Executive's duties; and (F) Executive refuses to perform her duties hereunder or otherwise breaches any material covenant, warranty or representation of this Agreement, and, except for any conduct described in clauses (A) through (E) of this Section 7.1.1, fails to cure such breach (if such breach is then capable of being cured) within 30 business days following written notice thereof specifying in reasonable detail the nature of such breach, or if such breach is not capable of being cured in such time, a cure shall not have been diligently initiated within such 30 business day period.
Definition of Cause. As used herein, "CAUSE" means any of the following: (A) habitual drunkenness under the influence of alcohol by Employee or illegal use of narcotics; (B) Employee is convicted by a court of competent jurisdiction, or pleads "no contest" to, a felony or any other conduct of a criminal nature (other than minor traffic violations) by Employee; (C) Employee engages in fraud, embezzlement, or any other illegal conduct; (D) Employee imparts confidential information relating to Employer or its business to competitors or to other third parties other than in the course of carrying out Employee's duties; (E) Employee refuses to perform his duties hereunder or otherwise breaches any covenant, warranty or representation of this Agreement or Employee's Non-Disclosure and Confidentiality Agreement executed concurrently herewith, and, except for any conduct described in clauses (A) through (D) of this Section 6(a)(i), fails to cure such breach (if such breach is then capable of being cured) within ten (10) business days following written notice thereof specifying in reasonable detail the nature of such breach, or if such breach is not capable of being cured in such time, a cure shall not have been diligently initiated within such ten (10) business day period.
Definition of Cause. Cause" for purposes of termination by the Company shall be defined as (i) any act or acts by Xx. Xxxx of dishonesty or fraud or that constitute serious moral turpitude; or (ii) misconduct of a material nature or a material breach in connection with the performance by him of his responsibilities hereunder that Xx. Xxxx knew or should have known would be materially detrimental to the Company or its business.
Definition of Cause. As used herein, "Cause" means any of the following: (A) illegal use of narcotics; (B) habitual public drunkenness by Executive which materially and adversely affects Executive's performance under this Agreement; (C) Executive is convicted by a court of competent jurisdiction, or pleads "no contest" to, a felony involving moral turpitude; (D) Executive engages in fraud, embezzlement or any other illegal conduct substantially detrimental to the business or reputation of Employer, regardless of whether such conduct is designed to defraud Employer or others; (E) Executive intentionally imparts material confidential information relating to Employer or its business to competitors or to other third parties other than in the course of carrying out Executive's duties; (F) beginning at any time after the fifth full Fiscal Quarter after the date hereof, the failure of FFPE, LLC's Cumulative Restaurant EBITDA to be at least equal to 75% of the projected Cumulative Restaurant EBITDA for such cumulative period following the date hereof as set forth in the Business Plan, as such terms are defined in the Credit Agreement dated as of even date herewith; and (G) Executive refuses to perform his duties hereunder or otherwise breaches any material covenant, warranty or representation of this Agreement, and, except for any conduct described in clauses (A) through (E) of this Section 7.1.1, fails to cure such breach (if such breach is then capable of being cured) within 30 business days following written notice thereof specifying in reasonable detail the nature of such breach, or if such breach is not capable of being cured in such time, a cure shall not have been diligently initiated within such 30 business day period.
Definition of Cause. Cause" shall mean gross or wilful misconduct by Mr. Xxxxx xx connection with his employment; the breach by Mr. Xxxxx xx any material obligation under this Agreement, including the obligations set forth in Section 9 and Section 10, above; a failure to devote adequate time and attention to carrying out his responsibilities (other than by reason of his death or permanent disability); any act of dishonesty or fraud; or the commission by Mr. Xxxxx xx a felony.
Definition of Cause. Cause" means any one or more of the following: Willful misfeasance or gross negligence in the performance of Executive's duties; Conviction of a crime in connection with his duties; Conduct demonstrably and significantly harmful to the Bank, as reasonably determined by the Bank's board of directors on the advice of legal counsel; or Permanent disability, meaning a physical or mental impairment which renders Executive incapable of substantially performing the duties required under this Agreement, and which is expected to continue rendering Executive so incapable for the reasonably foreseeable future.
Definition of Cause. Cause" shall mean conduct involving one or more of the following: (i) the substantial and continuing failure of the Optionee, after notice thereof, to render services to the Company or any Related Corporation in accordance with the terms or requirements of the Optionee's Business Relationship with the Company or any Related Corporation; (ii) disloyalty, gross negligence, willful misconduct, dishonesty or breach of fiduciary duty to the Company or any Related Corporation; (iii) the commission of an act of embezzlement or fraud; (iv) deliberate disregard of the rules or policies of the Company or any Related Corporation which results in direct or indirect loss, damage or injury to the Company or any Related Corporation; (v) the unauthorized disclosure of any trade secret or confidential information of the Company or any Related Corporation; or (vi) the commission of an act which constitutes unfair competition with the Company or any Related Corporation or which induces any customer or supplier to break a contract with the Company or any Related Corporation.