CAUSE or for Cause or for cause

CAUSE or for Cause or for cause. Has the meaning set forth in the Employment Agreement. If Executive does not have an Employment Agreement, then "Cause" shall mean: a discharge resulting from a determination by Company, acting in good faith, that Executive: i) has failed to diligently perform the material duties assigned to Executive by the Board of Directors or the Chief Executive Officer or to have abandoned Executive's assigned job duties and not to have remedied the situation within a... reasonable period of time after receipt of written notice from Company specifying the failure; ii) has failed to abide by Company's policies, rules, procedures or directives and not to have remedied the situation within a reasonable period of time after receipt of written notice specifying the failure; iii) has acted in a grossly negligent manner, or has engaged in reckless or willful misconduct with respect to Company which results or could have resulted in material harm to Company's standing among customers, suppliers, employees and other business relationships; iv) has been found guilty by a court of law of fraud, dishonesty and/or a felony crime, or any other crime involving moral turpitude; or v) has engaged in employee misconduct, including but not limited to, breach of fiduciary duty, theft, fraud, embezzlement, violation of securities laws, violation of employment-related laws (including but not limited to laws prohibiting discrimination in employment), falsification of employment applications or other business records, or habitual absenteeism or tardiness. View More

CAUSE or for Cause or for cause. Has the meaning set forth in the Employment Agreement.