Dismissal for Cause definition

Dismissal for Cause shall include termination of the Executive’s employment:-
Dismissal for Cause means the Company or a subsidiary has terminated Optionee's employment because of any of the following: • any act that has resulted in the Optionee's personal gain at the expense of the Company or any of its subsidiaries; • Optionee's refusal to perform assigned duties; • Optionee's incompetence, insubordination, gross negligence, willful misconduct, breach of fiduciary duty, or conviction of a crime (other than minor traffic violations or similar offenses); • Optionee's violation of any policy or rule of the Company; or • Other conduct that results in a substantial detriment to the business or reputation of the Company or any of its subsidiaries. Each case shall be determined by the Committee in its sole discretion, whether before or after the date of termination of employment.
Dismissal for Cause means the Corporation or a Subsidiary has terminated an Eligible Person's employment or service because of any of the following:

Examples of Dismissal for Cause in a sentence

  • On each of the charges contained in the Dean of the Faculty's statement of charges, the Faculty Review Board shall decide (a) whether it finds that the charge is contained within one or more of the grounds listed in the Dismissal for Cause and Other Sanctions, and (b) whether it concurs in the Dean's finding that the charges have been arrived at by following in good faith the specified procedures (outlined in the section Initiation and Inquiry).

  • Sanctions other than dismissal may be imposed on a faculty member only on the same grounds listed in the above subsection on Dismissal for Cause, when it is determined the grounds for the charges are not of such a gravity or such a nature as to merit dismissal.

  • An affirmative opinion is reached if at least three of the five senior members of the Faculty Review Board agree that the charge is contained within one or more of the grounds listed in the Dismissal for Cause and Other Sanctions, and concur in the Dean's finding that the charges have been arrived at by following in good faith the specified procedures (outlined in the section Initiation and Inquiry).

  • If evidence leading the Dean of the Faculty to initiate a procedure for the dismissal for cause of a faculty member appears to the Dean of the Faculty to involve egregious conduct as defined in the subsection of Dismissal for Cause, the Dean of the Faculty may, when initiating the procedure or at any later time during the procedure, suspend the faculty member with pay continued pending the outcome of the final decision.

  • If the charges in a procedure for dismissal for cause involve egregious conduct, as defined in Dismissal for Cause, the statement of charges shall include a declaration to this effect, whether the Dean of the Faculty has, in consequence of these charges, suspended the faculty member or not.


More Definitions of Dismissal for Cause

Dismissal for Cause as used herein shall mean: a. an act or omission by the Optionee that causes material harm to the Company or a Subsidiary Corporation of which the Optionee is notified in writing by the Company and the Optionee has not corrected within ten (10) days of such notification; b. any continued neglect of, or failure to perform, duties by the Optionee of which the Optionee is notified in writing by the Company and the Optionee has not corrected within ten (10) days of such notification; c. the Optionee’s performing services for any other corporation or person which competes with the Company or a Subsidiary Corporation while he or she is employed by the Company or a Subsidiary Corporation and without the written approval of the chief executive officer of the Company; or d. any conviction of the Optionee or plea of guilty (or nolo contendere) by the Optionee to a felonious crime; provided, however, that if, at the time in question the Optionee is a party to an employment agreement with the Company or any of its Subsidiary Corporations which contains a definition of “cause” which is inconsistent with the provisions of this Section 5.5, the terms of such employment agreement shall define “dismissal for cause” for the purposes of this Plan Agreement.
Dismissal for Cause means termination of employment for (a) theft or embezzlement of the property of Teleglobe or any of its Subsidiaries; (b) fraud or other wrongdoing against Teleglobe or any of its Subsidiaries; (c) a conviction of a crime of moral turpitude; (d) receipt of consideration or acceptance of benefits from, or the participation in business activities with, persons doing business with Teleglobe or any of its Subsidiaries or an
Dismissal for Cause means the termination of Ken's employment with the Company by the Board of Directors for (i) the willful and continued failure of Ken xxxstantially to perform his duties as an officer and employee of the Company or comply with the written policies of the Company after the Company has delivered to Ken x xritten demand for substantial performance or compliance that specifies such failure in reasonable detail; (ii) illegal conduct or gross misconduct by Ken, xx either case that is willful and results (or is reasonably likely to result) in material damage to the business or reputation of the Company; or (iii) the resignation by Ken xxxm his employment following his act or omission which would constitute grounds for Dismissal For Cause hereunder. No act or failure to act on the part of Ken (xxher than non-compliance with lawful instructions given to Ken xx the Company) shall be considered "willful" unless it is done or omitted to be done by him in bad faith or without reasonable belief that his action or omission was in the best interests of the Company. Any act or failure to act that 45 50 is pursuant to resolution duly adopted by the Board of Directors shall be conclusively presumed to be done or omitted to be done by Ken xx good faith and in the best interests of the Company.
Dismissal for Cause means the termination of Ken's employment with the Company by the Board of Directors for (i) the willful and continued failure of Ken xxxstantially to perform his duties as an officer and employee of the Company or comply with the written policies of the Company after the Company has delivered to Ken x xritten demand for substantial performance or compliance that specifies such failure in reasonable detail; (ii) illegal conduct or gross misconduct by Ken, xx either case that is willful and results (or is reasonably likely to result) in material damage to the business or
Dismissal for Cause means a termination of Employee's employment by the Company for one or more of the following reasons:
Dismissal for Cause means a dismissal by reason of (1) fraud or dishonesty, (2) employment by or assistance to a competitor of the Company, (3) sharing of so-called "trade secrets" of the Company with a competitor of the Company, (4) lack of faithful, diligent and competent performance in the duties assigned to the Executive, not caused by disability as herein defined, (5) failure to follow and implement corporate policy of the Company, (6) deliberate and willful failure to perform in the manner, and at the level, and with the standard required by the position occupied by the Executive, or (7) violation by the Executive of any of his covenants and agreements set forth in this Agreement.
Dismissal for Cause means the termination of employment of an Employee for fraud, dishonesty or other serious misconduct.