For Cause Termination definition

For Cause Termination means Constellation terminates Executive for (a) any intentional, non-incidental misappropriation of funds or property of Constellation by Executive; (b) unreasonable (and persistent) neglect or refusal by Executive to perform his duties as provided in Section 1 hereof and which he does not remedy within thirty days after receipt of written notice from Constellation; (c) the material breach by Executive of any provision of Sections 8 or 10 which he does not remedy within thirty days after receipt of written notice from Constellation; or (d) conviction of Executive of a felony.
For Cause Termination means a termination of employment based upon the good faith determination of the Company that one or more of the following events has occurred: (i) the Participant has committed a dishonest or fraudulent act to the material detriment of the Company; (ii) the Participant has been convicted (or pleaded guilty or nolo contendere) for a crime involving moral turpitude or for any felony; (iii) material and persistent insubordination on the part of the Participant; (iv) the loss by the Participant, for any reason, of any license or professional registration without the Company’s written consent; (v) the diversion by the Participant of any business or business opportunity of the Company for the benefit of any party other than the Company; (vi) material violation of the Company’s Code of Business Conduct and Ethics by the Participant; or (vii) the Participant has engaged in illegal conduct, embezzlement or fraud with respect to the assets, business or affairs of the Company.
For Cause Termination means a termination due to: (i) a willful act of dishonesty by Executive in connection with the performance of Executive’s duties; (ii) a willful act of gross misconduct by Executive or a refusal by Executive to perform his duties; (iii) a willful breach by Executive of this Agreement; (iv) a material and willful violation of federal or state law or regulation applicable to the Company’s business; (v) Executive’s plea of “nolo contendere” to, or conviction of, a crime or commission of an act of moral turpitude; (vi) dishonesty, fraud, or embezzlement, an occurrence of which will be determined in the sole discretion of the Board; or (vii) abuse of alcohol or drugs.

Examples of For Cause Termination in a sentence

  • Than Due to Death, Disability, Retirement or For Cause; Termination of Executive.

  • In the case of a termination by the Company other than a For Cause Termination (which may be effective immediately), the Date of Termination shall not be less than thirty (30) days after the Notice of Termination is given.

  • A Transaction is a payment transaction, a cash redemption transaction, a product redemption transaction or any other similar type of over-the-counter transaction that is processed for a customer.

  • For purposes of this Employment Agreement, a “Without Cause Termination” means a termination by the Company of Employee’s employment hereunder other than pursuant to a For Cause Termination.

  • For purposes of this Agreement, a “Without Cause Termination” shall mean a termination by the Company of Employee’s employment hereunder other than pursuant to a For Cause Termination.


More Definitions of For Cause Termination

For Cause Termination means Constellation terminates Executive for (1) any intentional, non-incidental misappropriation of funds or property of Constellation by Executive; (2) unreasonable (and persistent) neglect or refusal by Executive to perform his duties as provided in Section 1 hereof and which he does not remedy within thirty days after receipt of written notice from Constellation; (3) the material breach by Executive of any provision of Sections 8 or 9 which he does not remedy within thirty days after receipt of written notice from Constellation; or (4) conviction of Executive of an indictable offence.
For Cause Termination means the termination of the Participant's employment with the Corporation after having engaged in any of the following actions: a. Gross negligence or wilxxxx xxxxxxxxxt in the performance of the Participant's duties to the Corporation (other than as a result of a disability) that has resulted or is likely to result in substantial and material damage to the Corporation, provided however that no act or failure to act by the Participant shall be considered "willful" if done or omitted by Participant in good faith with reasonable belief that his action or omission was in the best interests of the Corporation; b. Commission of any act of fraud with respect to the Corporation; or c. Conviction of a felony or a crime involving moral turpitude causing material harm to the business and affairs of the Corporation.
For Cause Termination means a mandatory or discretionary termination by the Authority as is outlined in OAR 410-120-1400.¶
For Cause Termination means a termination, as defined in subparagraph (11) of this section by an SMA of the provider’s billing privileges, of which appeal rights have been exhausted or the time for appeal has expired. For Cause terminations are terminations related to fraud, integrity, or quality issues which run counter to the overall success of the Medicaid Program. For the purpose of CMS review, for cause reasons for termination closely mirror the regulatory authorities for Medicare revocations found in 42 CFR § 424.535. See also MPEC 01.10.02; 01.01.02.
For Cause Termination shall have the meaning provided in Section 7 hereof.
For Cause Termination means a termination of a Shareholder’s employment with an Employer for one or more of the following reasons: