Removal for definition

Removal for. Cause" shall mean removal of a Director because of such Director's (a) willful and continued failure to substantially perform his or her duties as a Director, (b) willful conduct which is significantly injurious to the Company, monetarily or otherwise, (c) conviction for, or guilty plea to, a felony or a crime involving moral turpitude or (d) abuse of illegal drugs or other controlled substances or habitual intoxication.
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Removal for. Cause" shall mean removal of a Director or a Subsidiary Director, as applicable, because of such Director's or Subsidiary Director's, as applicable, (v) willful and continued failure to substantially perform his duties with the Company or Principal Subsidiary, as applicable, in his position as a director, (w) willful conduct which is significantly injurious to the Company and its Subsidiaries taken as a whole, monetarily or otherwise, (x) conviction for, or guilty plea to, a felony or a crime involving moral turpitude, (y) abuse of illegal drugs or other controlled substances or habitual intoxication, or (z) willful breach of this Agreement. Upon the written request of any Person entitled to designate a Director nominee pursuant to Section 2.1 hereof, each Shareholder shall vote, or execute a written consent, to remove or replace such Director. Upon the written request of any MS Shareholder entitled to designate a Subsidiary Director nominee pursuant to Section 2.1 hereof, the Company shall vote, or execute a written consent, to remove or replace such Subsidiary Director nominee.
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Removal for. CAUSE" shall mean removal of a director because of such director's (i) willful and continued failure to perform substantially his duties with the Issuer in such director's established position, (ii) willful conduct which is significantly injurious to the Issuer monetarily or otherwise, (iii) abuse of any illegal drug or other controlled substance or habitual intoxication, (iv) conviction for, or guilty plea to, a crime involving moral turpitude or (v) conviction for, or guilty plea to, a felony. Subject to Section 2.3, nothing contained in this Section 2.2 shall affect the right of any Investor to designate a member of the Board pursuant to Section 2.1.
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Examples of Removal for in a sentence

  • Removal for disciplinary reasons may lead to disciplinary action upon return to Deerfield, with the full range of responses to infractions up to and including dismissal.

  • Removal for "Cause" shall mean removal of a director because of such director's (a) willful and continued failure substantially to perform his duties with the Company in his established position, (b) willful conduct which is injurious to the Company or any of its Subsidiaries, monetarily or otherwise, (c) conviction for, or guilty plea to, a felony or a crime involving moral turpitude, or (d) abuse of illegal drugs or other controlled substances or habitual intoxication.

  • The terms “Normal Retirement” and/or “Normal Retirement Date” shall refer to the date which the Director Separates from Service for any reason other than a Removal for Cause, and a date on or after which Director has attained the age of Sixty-Two (62) (the “Normal Retirement Age”).

  • Removal for “Cause” shall mean removal of a director because of such director’s (i) willful misconduct that is materially injurious, monetarily or otherwise, to the Company or any of its Subsidiaries, (ii) conviction for, or guilty plea to, a felony or a crime involving moral turpitude, or (iii) abuse of illegal drugs or other controlled substances or habitual intoxication.

  • Notwithstanding any Removal of a Person as an Originator in accordance with the terms hereof, the provisions of Article VIII (and the representations and warranties with respect thereto) shall, with respect to such Person, survive such Removal for all claims arising prior to such Removal.

  • The term “Normal Retirement” shall mean the Director’s Separation From Service on or after attaining the Normal Retirement Age of seventy-five (75) and for any reason other than a Removal for Cause.

  • The term “Early Involuntary Termination” means that the Director, prior to attaining Early Retirement Age, has been notified in writing that his service as a Director is terminated for reasons other than an approved leave of absence or a Removal for Cause.

  • Removal for a newly hired employee under the terms of that provision shall be deemed a termination of employment and shall also not be a subject for this grievance procedure.

  • The term “Early Retirement” shall mean the Director’s Separation From Service on or after attaining the Early Retirement Age of sixty-five (65) but before attaining the Normal Retirement Age, and for any reason other than a Removal for Cause.

  • In the event that the Grantee’s service to the Trust is terminated pursuant to a Removal for Cause, all Restricted Share Units subject to this Award Agreement shall be immediately forfeited as of the effective date of such termination of service.

Related to Removal for

  • Removal Cut-Off Date means, with respect to the Removed Accounts, .

  • Removal Event has the meaning set forth in Section 12.12 hereof.

  • Removal Date means, with respect to the Removed Accounts designated hereby, , .

  • Removal means a removal for disciplinary reasons from the student’s current educational placement other than a suspension and change in placement to an interim alternative educational setting (IAES) ordered by an impartial hearing officer because the student poses a risk of harm to himself or herself or others.

  • Tree removal means to kill or to cause irreparable damage that leads to the decline and/or death of a tree. This includes, but is not limited to, excessive pruning, application of substances that are toxic to the tree, over-mulching or improper mulching, and improper grading and/or soil compaction within the critical root radius around the base of the tree that leads to the decline and/or death of a tree. Removal does not include responsible pruning and maintenance of a tree, or the application of treatments intended to manage invasive species.