for good cause definition
for good cause means a dismissal of the Executive because of (i) the material failure of the Executive, after written notice, for reasons other than disability, to render services to the Employer as provided herein, (ii) the Executive’s gross or willful neglect of duty, or (iii) illegal or intentional acts by the Executive demonstrating bad faith toward the Employer. If the Employer shall terminate the Executive’s employment for good cause, the Executive shall be entitled only to receive his/her base salary in respect of services performed through the Date of Termination.
for good cause shall include any of the following occurrences: (i) habitual intoxication; (ii) drug addiction; (iii) conviction of a felony; (iv) adjudication as an incompetent; (v) misappropriation of corporate funds; (vi) gross incompetence or serious and willful misconduct; (vii) repeated unexcused absences from prescheduled Company meetings during normal business hours; (viii) repeated violation of any policies, rules, regulations or standards of practice of Company; (ix) Executive’s engaging in other conduct inconsistent with his position or his breaching this Agreement in any other respect that is not cured within thirty (30) days following written notice by Company to Executive; (x) Company’s discontinuing its business operations, or (xi) the filing by or against Company of a petition in bankruptcy or a petition for reorganization under any state or federal bankruptcy law which, with respect to an involuntary proceeding, is not dismissed within 90 days of the filing thereof.
for good cause means, in the case of any Participant subject to an employment agreement with Disney (or an Affiliate), any termination of employment permitted to be effected by Disney as a result of an event, circumstance or cause defined as “good cause” or “cause” in such employment agreement or, if no such definition appears in such employment agreement, any termination permitted to be effected by Disney (or an Affiliate) as a consequence of the failure of the Participant to comply with any provision of such employment agreement, and in the case of a Participant who is not subject to an employment agreement with Disney (or an Affiliate), the term “good cause” or “cause” shall have such meaning as is ascribed to it by the courts of the state in which the Participant is employed.
More Definitions of for good cause
for good cause as defined in Section 6.4.
for good cause means breach of any provision of this Agreement by the Company and failure to remedy such breach within thirty (30) days of written notice; failure of the Employee to be elected to the Board or to be elected by the Board as its Chairman, Emeritus or the relocation of the Employee’s place of employment outside the Houston Metropolitan area.”
for good cause means a dismissal of the Officer because of (i) the material failure of the Officer, after written notice, for reasons other than disability, to render services to the Employer as provided herein, (ii) the Officer's gross or willful neglect of duty, or (iii) illegal or intentional acts by the Officer demonstrating bad faith toward the Employer. If the Employer shall terminate the Officer's employment for good cause, the Officer shall be entitled only to receive his basic salary in respect of services performed through the Date of Termination.
for good cause means the willful and continued failure to follow Employer's directions following Employer's written notice to Employee directing Employee to follow Employer's instructions and requests and Employee's failure to take appropriate and timely corrective action; dishonesty; improper disclosure of confidential information; or failure to perform Employee's duties under this Agreement following Employer's written notice to Employee of such failure and Employee's failure to take appropriate and timely corrective action. Upon such termination, Employee shall forfeit any and all rights to compensation beyond the date upon which this Agreement shall have been so terminated by Employer. In addition, in the event of any of the above-mentioned offenses, at the election of Employer the operation of this Agreement may be suspended for and during the continuance of Employee's period of failure, neglect or refusal, and Employer may, at its election, add a period of time equal to all or any part of such period of suspension to the applicable year of the term of this Agreement, and the dates for the commencement of any subsequent years of the Agreement, and the dates for the exercise and commencement of any subsequent option thereof, shall be correspondingly postponed.
for good cause means a dismissal of the Executive because of (i) the material failure of the Executive, after written notice, to render services to the Employer in a manner satisfactory to a majority of the Employer's Board of Directors, as required herein, (ii) the Executive's gross or wilful neglect or duty; or (iii) fraudulent or criminal conduct; (iv) conduct constituting moral turpitude; (v) material breach of any of the provisions of this Agreement, or (vi) the absence of the Executive from his position and/or the failure to perform his duties on a full-time basis for six (6) consecutive months other than for physical or mental incapacity. If the Employer shall terminate the Executive's employment for good cause, then the Executive shall not have any rights or claims against the Employer and the Executive shall be entitled only to receive his Base Salary in respect of services performed through the Date of Termination.
for good cause means a dismissal of the Officer by Employer because of (i) the material failure of the Officer, after written notice, for reasons other than disability, to render services to the Employer as provided herein; (ii) the Officer’s gross or willful neglect of duty, neglect or refusal to perform all duties assigned to him or her, in good faith, under this Agreement or by Employer; (iii) imprudent financial management of Employer by the Officer which causes Employer an extraordinary or material loss not otherwise authorized; (iv) conviction of or guilty plea to a felony or a crime involving moral turpitude; (v) habitual use of drugs or alcohol;
for good cause means resignation in response to and reasonably promptly following a material reduction in job duties and responsibilities and/or material reduction in compensation, which material reduction in job duties, responsibilities and/or compensation occurs within six (6) months following a Change of Control. For this purpose, Change of Control is defined as any one of the following, provided however that Change of Control shall be without the monetary assistance of the FDIC: (i) an acquisition (other than directly from Company) by an individual, entity or group (excluding Company or one of its employee benefit plans or an entity controlled by Company's shareholders) of 20% or more of Company's common stock or voting securities; (ii) a change in a majority of the current Board of Directors (excluding any persons approved by a vote of at least a majority of the Board other than in connection with an actual or threatened proxy contest); (iii) liquidation or dissolution of Company or a merger, consolidation or sale of all or substantially of the Company's assets ("Business Combination") other than one in which all or substantially all of Company's shareholders receive 50% or more of the stock of the company resulting from the Business Combination, at least a majority of the board of directors of the resulting corporation were members of the incumbent board, and after which no person owns 20% or more of the stock of the resulting corporation who did not own such stock immediately before the Business Combination.