illegal act definition

illegal act means any action or omission to act that vio-
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illegal act means an act or omission that violates any law,
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illegal act means a reasonable determination by the Board made in good faith (without the participation of Executive), pursuant to the exercise of its business judgment, that Executive has been indicted by a state or federal grand jury with respect to a felony, a crime of moral turpitude or any crime involving the Company (other than pursuant to actions taken at the direction or with the approval of the Board) and a special committee of the Board, chaired by an outside director appointed by the Chair of the Audit Committee, considers the matter, makes a recommendation to the Board to terminate Executive’s employment for an Illegal Act, and the Board concurs in that recommendation.
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More Definitions of illegal act

illegal act means the commission of a crime involving moral turpitude in the discharge of the person's official duties, including but not limited to: A violent offense, as defined in RCW 9.94A.030; a sex offense, as defined in RCW 9.94A.030; theft, as defined in RCW 9A.56.030 through 9A.56.050; fraud under chapter 9A.60 RCW; malicious mischief, as defined in RCW 9A.48.070 through 9A.48.090; and indecent exposure, as defined in RCW 9A.88.010.
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Related to illegal act

  • Illegal Activity means the wilful possession of an illegal drug, dangerous object, or stolen item.

  • Illegal drug means a controlled substance, but does not include a controlled substance that is legally possessed or used under the supervision of a licensed health care professional or that is legally possessed or used under any other authority under the Controlled Substances Act or under any other provision of federal law.

  • Illegal drugs means a controlled substance except for those legally possessed or used under the supervision of a licensed health-care professional or that is legally possessed or used under any other authority under the Controlled Substances Act or any other federal law.

  • corrupt and fraudulent practice means the offering, giving, receiving, or soliciting, of anything of value to influence the action of a public official or the contractor in the procurement process or in contract execution to the detriment of the procuring agency; or misrepresentation of facts in order to influence a procurement process or the execution of a contract, collusive practices among applicants/bidders (prior to or after bid submission) designed to establish bid prices at artificial, non-competitive levels and to deprive the procuring agency of the benefits of free and open competition and any request for, or solicitation of anything of value by any public official in the course of the exercise of his duty;

  • Corrupt and Fraudulent Practices means either one or any combination of the practices given below;