Reasons for Termination Sample Clauses
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Reasons for Termination. The Term and the Executive’s employment hereunder will terminate under the following circumstances: (i) the Executive’s death, (ii) the Company’s decision to terminate due to the Executive’s Disability, (iii) the Company’s decision to terminate with Cause, (iv) the Company’s decision to terminate without Cause or Disability, or (v) the Executive’s resignation with or without Good Reason.
Reasons for Termination. A. Drug-Related Crime on or Off the Premises; Illegal Drug Use [24 CFR 966.4(l) (5)
(i) (B)]
1. For drug-related criminal activity engaged in on or off the premises by any tenant, member of the tenant’s household, and/or for any such activity engaged in on the premises by any other person or guest under the tenant’s control.
2. If the DMMHA determines that a household member is illegally using a drug or that a pattern of illegal use of a drug interferes with the health, safety, or right to peaceful enjoyment of the premises by other residents.
3. If the DMMHA determines that a household member has furnished false or misleading information concerning illegal drug use or rehabilitation of illegal drug users. The DMMHA may terminate the lease by judicial action for criminal activity if the DMMHA determines that the tenant/family has engaged in the criminal activity, regardless of whether the tenant/family has been arrested or convicted for such activity, and without satisfying the standard of proof used for a criminal conviction.
B. Threat to Other Residents [24 CFR 966.4(l) (5) (ii) (A)]
C. Alcohol Abuse [24 CFR 966.4(l) (5) (VI) (A)]
1. If the DMMHA determines that a household member has engaged in abuse or a pattern of abuse of alcohol that threatens the health, safety, or right to peaceful enjoyment of the premises by other residents.
2. If the DMMHA determines that a household member has furnished false or misleading information concerning alcohol abuse or rehabilitation of alcohol abusers.
Reasons for Termination. Executive’s employment hereunder may or will be terminated during the Employment Period under the following circumstances:
Reasons for Termination. This Agreement may be terminated and the Reorganization abandoned at any time before the Closing Date, whether before or after the approval or adoption of this Agreement by the stockholders of the Company:
(a) By mutual written consent of the Board of Directors of First Federal and the Board of Directors of the Company;
(b) By written notice from First Federal to the Company if:
(i) any condition set forth in Article VIII of this Agreement shall have become impossible to substantially satisfy at any time or has not been substantially satisfied or waived in writing; or
(ii) any condition set forth in Article X of this Agreement shall have become impossible to substantially satisfy at any time or has not been substantially satisfied or waived in writing, provided, however, First Federal shall not have the right to terminate this Agreement pursuant to this Section 11.1(b)(ii) if any condition imposed by Section 10.1 hereof was not met due to the failure of First Federal to perform or observe the covenants and agreements set forth in this Agreement; or
(iii) any warranty or representation as set forth in Article III hereof made by the Company or Mid-Iowa shall be discovered to be or to have become untrue or incorrect in any material respect, or where any statement in a representation or warranty expressly includes a standard of materiality, such statement shall be discovered to be or to have become untrue or incorrect in any respect taking into consideration the standard of materiality contained therein, in either case where any such breach has not been cured within thirty (30) days following receipt by the Company or Mid-Iowa of notice of such discovery; or
(iv) The Company or Mid-Iowa shall have breached one or more provisions of this Agreement in any material respect considering all such breaches in the aggregate, where such breach has not been cured within thirty (30) days following receipt by the Company or Mid-Iowa of notice of such breach; or
(v) The Board of Directors of Bancorp and First Federal shall have determined in their sole discretion, exercised in good faith, that the Conversion has become inadvisable or impractical by reason of (A) the issuance of any order, decree or letter of a regulatory authority containing conditions or requirements reasonably deemed objectionable to Bancorp of First Federal or (B) unfavorable market conditions. In the event of termination of this Agreement pursuant to this Section 11.1(b)(v), then the Company shall be r...
Reasons for Termination. The Employment Term of the Executive shall be terminated upon the occurrence of any of the following events:
(a) Immediately upon the death of the Executive.
(b) At the Company's option, upon the Executive's (i) violation of a material Company policy or failure to perform any of his material duties or obligations under this Agreement; or (ii) upon any dishonesty or any kind of willful misconduct of the Executive, including but not limited to, theft of or other unauthorized personal use of Company funds (termination under (i) or (ii) shall mean for "Cause"). The Executive may be terminated under paragraph 8.01(b)(i) only following thirty (30) days' written notice to the Executive explaining the basis of the termination and his failure to cure such breach within thirty (30) days of the date of the Company's notice. The Executive may be terminated under paragraph 8.01(b)(ii) only following ten (10) days' written notice to the Executive of the basis for the termination and an opportunity to dispute the same.
(c) At the Company's option, if the Executive shall suffer a permanent disability. For purposes of this Agreement, "permanent disability" shall be defined as the Executive's inability through physical or mental illness or other cause to perform the essential functions of Executive's position, with or without reasonable accommodation, in the reasonable opinion of the Company, for a period of six months during the term of this Agreement.
(d) At the Company's option, without Cause, upon thirty (30) days' prior written notice.
(e) At the Executive's option, without cause, at any time.
(f) At the Executive's option, upon the Company's breach of any of its material obligations under this Agreement or for Good Cause; provided that Executive has given the Company at least ten (10) days' prior written notice of the nature of such breach and the
Reasons for Termination. Failure to Provide Consent [24 CFR 960.259(a) and (b)]
Reasons for Termination. ICE shall have the right to terminate Executive’s employment at any time, and Executive shall have the right to resign at any time, in each case for any reason or no reason, subject to the terms of this Employment Agreement. The date of termination of Executive’s employment will be the date specified in any notice of termination delivered from the Company to Executive (or, in the case of Executive’s resignation, from Executive to the Company), except as otherwise set forth below.
Reasons for Termination. The employment of Employee with the Company shall terminate automatically upon Employee’s death and may be terminated by written notice (i) by the Company, upon Employee’s disability which renders him unable to perform his usual and customary duties for a period of 180 consecutive days; (ii) by the Company without “cause” upon 180 days (6 months) notice (as hereinafter defined); (iii) by the Company with “cause” without notice; (iv) by Employee upon 90 days (3 months) notice; (v) by Employee, if he suffers a demotion or a lower status with the Company other than for cause; or (vi) by Employee, in the event of a “change in control” (as hereinafter defined), whether or not Employee suffers a demotion or a lower status with the Company. For purposes of this Agreement, “cause” shall mean (i) a failure by Employee to substantially perform Employee’s reasonable and legal duties and as defined by goals established by the Company and agreed to by Employee, other than a failure resulting from Employee’s complete or partial incapacity due to physical or mental illness or impairment, (ii) a willful act by Employee that constitutes gross misconduct and that is injurious to the Company, (iii) a willful breach by Employee of a material provision of this Agreement, or (iv) a material and willful violation of a federal or state law or regulation applicable to the business of the Company. No act or failure to act, by Employee shall be considered “willful” unless committed without good faith and without a reasonable belief that the act or omission was in the Company’s best interest. For purposes of this Agreement, a “change of control” shall be deemed to have occurred if (1) any “person” (as such term is used in Sections 13(d) and 14(d) of the U.S. Securities and Exchange Act (the “Exchange Act”)), other than (x) Citizens Utilities Company and/or any one or more direct or indirect wholly-owned subsidiary of Citizens Utilities Company (together, “Citizens”), or (y) Tele Danmark A/S and/or any one or more direct or indirect wholly-owned subsidiary of Tele Danmark A/S (together, Tele Danmark”), is or becomes the “beneficial owner” (as defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of securities of the Company representing thirty-five percent (35%) or more of the combined voting power (with respect to the election of directors) of the Company’s then outstanding securities;
Reasons for Termination. The University will provide the employee with reasons for the termination of employment in writing at the time of termination.
Reasons for Termination. In the event that the Executive’s employment with the Bank shall terminate during the Employment Period on account of:
(i) The Executive’s voluntary resignation from employment with the Bank within one year after any event constituting “Good Reason”, where “Good Reason” means any of the following events (provided that, in the case of (A), (B) and (D), no such event shall constitute “Good Reason” unless the Executive shall have given written notice of such event to the Bank within ninety (90) days after the initial occurrence thereof and the Bank shall have failed to cure the situation within thirty (30) days following the delivery of such notice (or such longer cure period as may be agreed upon by the parties)):
(A) the failure to re-appoint the Executive to the position set forth under Section 3;
(B) a material change in Executive’s functions, duties, or responsibilities, including those with respect to the Company, which change would cause Executive’s position to become one of lesser responsibility, importance, or scope;
(C) liquidation or dissolution of the Bank or the Company other than liquidations or dissolutions that are caused by reorganizations that do not affect the status of the Executive;
(D) a material breach of this Agreement by the Bank; or
(E) a Change in Control Date of the Bank as defined in Section 9, except to the extent that Section 7(c) hereof would apply to the Executive’s termination of employment, in which event Executive will be deemed to have terminated his employment pursuant to the provisions of Section 7(c) instead; or
(ii) the discharge of the Executive by the Bank for any reason other than for “Cause” as defined in Section 8(a); or