Termination for Willful Misconduct definition

Termination for Willful Misconduct means termination by Company of Employee's employment due to (i) Employee's willful dishonesty towards, fraud upon, or deliberate injury or attempted injury to, the Company; (ii) Employee's material breach of this Agreement; or (iii) Employee's gross negligence or intentional misconduct with respect to the performance of Employee's duties under this Agreement.
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Examples of Termination for Willful Misconduct in a sentence

  • Termination for Willful Misconduct may be effected by Company at any time during the term of this Agreement and may be effected by written notification to Employee.

  • Upon Termination for Willful Misconduct, Employee is to be immediately paid all accrued salary, incentive compensation to the extent earned, vested deferred compensation (other than pension plan or profit sharing plan benefits, which will be paid in accordance with the applicable plan), and accrued vacation pay, all to the date of termination, and Employee will not be paid any severance compensation.

  • Termination for Willful Misconduct may be effected by Company at any time during the term of this Agreement and shall be effected by written notification by the Company to Employee.

  • Upon Termination for Willful Misconduct, Employee is to be immediately paid all accrued salary, incentive compensation to the extent earned, vested deferred compensation (other than pension plan or profit sharing plan benefits, which will be paid in accordance with the applicable plan), and accrued vacation pay, all to the date of termination, but Employee will not be paid any severance compensation.