Removal Reason definition

Removal Reason means, with respect to a Founding Co-Chairman, the occurrence of any of the following events during the term of such Founding Co-Chairman’s provision of services to the Company Group: (i) gross negligence or willful misconduct that is materially detrimental to the Company Group, (ii) conviction of, or entry of a plea of guilty or of no contest to, a felony (other than a motor-vehicle-related felony for which no custodial penalty is imposed), or any crime involving moral turpitude, (iii) material breach or violation of any agreement with the Company Group, any restrictive covenant applicable to such Founding Co-Chairman, or any written Company Group policy generally applicable to Company Group employees (including, without limitation, with respect to sexual harassment) that is materially detrimental to the Company Group and that the applicable Founding Co-Chairman has not cured (but only to the extent such breach or violation is, by its nature, curable) within 10 Business Days following written notice specifically identifying such breach or violation from the Company to the applicable Founding Co-Chairman, (iv) fraud, embezzlement, theft, or any material act of dishonesty relating to the Company Group, or (v) entry of a final and nonappealable order issued by any court or regulatory agency removing such Founding Co-Chairman as an officer of the Company Group or prohibiting such Founding Co-Chairman from participation in the conduct of the affairs of the Company Group.
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Removal Reason means, with respect to a Founding Co-Chairman, the occurrence of any of the following events during the term of such Founding Co-Chairman’s provision of services to the Company Group: (i) gross negligence or willful misconduct that is materially detrimental to the Company Group, (ii) conviction of, or entry of a plea of guilty or of no contest to, a felony (other than a motor-vehicle-related felony for which no custodial penalty is imposed), or any crime involving moral turpitude, (iii) material breach or violation of any agreement with the Company Group, any restrictive covenant applicable to such Founding Co-Chairman, or any written Company Group policy generally applicable to Company Group employees (including, without limitation, with respect to sexual harassment) that is materially detrimental to the Company Group and that the applicable Founding Co-Chairman has not cured (but only to the extent such breach or violation is, by its nature, curable) within 10 Business Days following written notice specifically identifying such breach or violation from the
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Removal Reason means, with respect to a Founding Co-Chairman, the occurrence of any of the following events during the term of such Founding Co-Chairman’s provision of services to the Company Group: (i) gross negligence or willful misconduct that is materially detrimental to the Company Group, (ii) conviction of, or entry of a plea of guilty or of no contest to, a felony (other than a motor-vehicle-related felony for which no custodial penalty is imposed), or any crime involving moral turpitude, (iii) material breach or violation of any agreement with the Company Group, any restrictive covenant applicable to such Founding Co- Chairman, or any written Company Group policy generally applicable to Company Group employees (including, without limitation, with respect to sexual harassment) that is materially detrimental to the Company Group and that the applicable Founding Co-Chairman has not cured (but only to the extent such breach or violation is, by its nature, curable) within 10 Business Days following written notice specifically identifying such breach or violation from the Company to the applicable Founding Co-Chairman, (iv) fraud, embezzlement, theft, or any material act of dishonesty relating to the Company Group, or (v) entry of a final and nonappealable order issued by any court or regulatory agency removing such Founding Co- Chairman as an officer of the Company Group or prohibiting such Founding Co-Chairman from participation in the conduct of the affairs of the Company Group. “SEC” means the U.S. Securities and Exchange Commission. “Second Amended Agreement” has the meaning assigned to such term in the Recitals. “Second Merger” has the meaning assigned to such term in the Recitals. “Securities Act” means the U.S. Securities Act of 1933, as amended, supplemented or restated from time to time, and any successor to such statute, and the rules and regulations promulgated thereunder.
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Examples of Removal Reason in a sentence

  • The Wholesaler shall include a Meter Removal Reason with each Final Read which is submitted using the Data Transaction T105.W (Submit Meter Read).

  • However, due to the occurrence of a Conversion Restriction Removal Reason, the shareholders may exercise such right on or after 22 May 2020.

  • Instructions for reporting active loans:• Report data in fields 1 through 23• RFS assumes that the loan record represents an active loan as of the end of the reporting period Instructions for reporting active loans that are being liquidated in the current period:• Report data in fields 1 through 28• Issuer must report a value in Field 25 - Removal Reason.

  • Removal Request Order Entry Port ▢ Session ID(s): Drop Copy Port ▢ Session ID(s): Reason for Removal: Reason for Removal: Additional Comments or Request Notes Order Authorization MPID(s) / Company Name: Authorized Contact (Please Print): Authorized Signature Date: The exchange provides a best effort attempt to cancel all open orders from a User upon a communication disconnect.

  • The development hereby permitted shall be carried out in accordance with the following approved plans: - 10.01.178-0011A Proposed GF Plan & S Elevation, revision A (dated Feb 2018) - 10.01.178-0012 Proposed LG Plans & S Elevation (dated Feb 2018) - 10.01.178-0013A Proposed Section & E Elevation, revision F1 (dated Aug 2018) 202-L10 Rev A - Castle Gardens - Tree Retention and Removal Reason: For the avoidance of doubt and in the interests of proper planning.

  • Restrictions on exercising right of request for acquisition for common shares The Planned Allottees are not entitled to exercise the right of request for acquisition for common shares attached to Class A shares from the payment date until 30 June 2020, unless the Conversion Restriction Removal Reason occurs.

  • Lines containing tires (MSPNs and certain NIMSPNs) will have an additional line containing dropdown options for specific tire data: Wheel Position, Removal Reason, Tire Disposition, and a field for Remaining Tread Depth.

  • If the Company becomes aware of a Conversion Restriction Removal Reason occurring, or when it receives a notice with regard to the exercise of the put options the consideration for which is common shares, the Company will promptly disclose it.

  • In addition, put options, the consideration for which is common shares, can be exercised even after July 1, 2019 only if Conversion Restriction Removal Reason (iii) occurs.

  • However, if both of either Conversion Restriction Removal Reason (i) or (ii) and the Conversion Restriction Removal Reason (iii) occur, the Planned Allottee is entitled to exercise the put options, the consideration for which is common shares of the Company, even before July 1, 2019.

Related to Removal Reason

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

  • Constructive Termination means:

  • Resignation for Good Reason means Executive’s resignation from all employee positions Executive then holds with the Company within sixty (60) days following any of the following events taken without Executive’s consent, provided Executive has given the Company written notice of such event within thirty (30) days after the first occurrence of such event and the Company has not cured such event within thirty (30) days thereafter:

  • Involuntary Termination means a termination of your employment with the Company pursuant to either (i) a termination initiated by the Company without Cause, or (ii) your resignation for Good Reason, and provided in either case such termination constitutes a Separation from Service. An Involuntary Termination does not include any other termination of your employment, including a termination due to your death or disability.

  • Termination for Cause or "Cause" shall mean personal dishonesty, incompetence, willful misconduct, breach of fiduciary duty involving personal profit, intentional failure to perform stated duties, willful violation of any law, rule or regulation (other than traffic violations or similar offenses), or final cease and desist order, or any material breach of this Agreement, in such case as measured against standards generally prevailing at the relevant time in the savings and community banking industry. For purposes of this Section, no act, or the failure to act, on the Executive's part shall be "willful" unless done, or omitted to be done, in bad faith and without reasonable belief that the action or omission was in the best interest of the Bank or its affiliates. Any act, or failure to act, based upon authority given pursuant to a resolution duly adopted by the Board or based upon the written advice of counsel for the Bank shall be conclusively presumed to be done, or omitted to be done, by the Executive in good faith and in the best interests of the Bank. Notwithstanding the foregoing, the Executive shall not be deemed to have been terminated for Cause unless and until there shall have been delivered to him a Notice of Termination which shall include a copy of a resolution duly adopted by the affirmative vote of not less than three-fourths of the members of the Board at a meeting of the Board called and held for that purpose (after reasonable notice to the Executive and an opportunity for him, together with counsel, to be heard before the Board), finding that in the good faith opinion of the Board, the Executive was guilty of conduct justifying Termination for Cause and specifying the particulars thereof in detail. The Executive shall not have the right to receive compensation or other benefits for any period after Termination for Cause.

  • For Cause means:

  • Good Reason means:

  • Without Cause means a termination by the Company of the Employee’s employment during the Employment Period for any reason other than a termination based upon Cause, death or Disability.

  • Good Reason Termination means a termination of employment or service initiated by the Participant upon or after a Change of Control upon one or more of the following events:

  • Good Cause means:

  • Involuntary Termination Without Cause means Executive’s dismissal or discharge by the Company other than for Cause or by reason of Executive’s death or Disability.

  • Removal Effective Date has the meaning specified in Section 9.06(b).

  • Good Reason Process means that (i) the Executive reasonably determines in good faith that a “Good Reason” condition has occurred; (ii) the Executive notifies the Company in writing of the first occurrence of the Good Reason condition within 60 days of the first occurrence of such condition; (iii) the Executive cooperates in good faith with the Company’s efforts, for a period not less than 30 days following such notice (the “Cure Period”), to remedy the condition; (iv) notwithstanding such efforts, the Good Reason condition continues to exist; and (v) the Executive terminates the Executive’s employment within 60 days after the end of the Cure Period. If the Company cures the Good Reason condition during the Cure Period, Good Reason shall be deemed not to have occurred.