Personal Dishonesty definition
Personal Dishonesty means conduct on the part of Executive which evinces a want of integrity or an intentional breach of trust and which directly causes (or the Board of Directors determines is reasonably likely to cause) material injury to Employer; and (iii) “Willful Misconduct” means conduct on the part of Executive which evinces a deliberate disregard of the interest of Employer and which causes (or the Board of Directors determines is reasonably likely to cause) direct material injury to Employer.
Personal Dishonesty means Executive’s theft, embezzlement, fraud or similar conduct with respect to the Company or any of its subsidiaries or its or their property (other than de minimis property).
Personal Dishonesty means conduct on the part of the Executive which evinces a want of integrity or an intentional breach of trust and which directly causes (or the Board of Directors determines is reasonably likely to cause) material injury to the Company; and "Willful Misconduct" means conduct on the part of the Executive which evinces a deliberate disregard of the interest of the Company and which causes (or the Board of Directors determines is reasonably likely to cause) material injury to the Company. The Executive acknowledges and agrees that after the Termination Date, he shall no longer be entitled to receive any of the compensation provided under Paragraph 4 hereof but that Paragraphs 6A through 6D hereof shall continue to apply to the extent provided therein.
Examples of Personal Dishonesty in a sentence
For purposes of this Chairman Agreement: "Personal Dishonesty" means conduct on the part of the Executive which evinces a want of integrity or an intentional breach of trust and which directly causes material injury to the Company; and "Willful Misconduct" means conduct on the part of the Executive which evinces a deliberate disregard of the interest of the Company and which causes material injury to the Company.
More Definitions of Personal Dishonesty
Personal Dishonesty means conduct on the part of the Executive which demonstrates a lack of integrity or an intentional breach of trust and which directly causes (or the Board of Directors of the Company determines is reasonably likely to directly cause) material injury to the Company; and "Willful Misconduct" means conduct on the part of the Executive which evinces a deliberate disregard of the interest of the Company and which directly causes (or the Board of Directors of the Company determines is reasonably likely to directly cause) material injury to the Company. Executive acknowledges and agrees that after the Termination Date, as hereafter defined, he shall no longer be entitled to receive any of the compensation provided under Paragraph 4 hereof other than the health insurance opportunity provided in ▇▇▇▇▇▇▇▇▇ ▇▇ hereof, but that the Non-Compete contained in the Letter Agreement and this Agreement shall continue to apply in accordance with their terms.