This page contains an example definition of Cause, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Cause. Any of the following: (i) The engaging by the Executive in illegal or fraudulent conduct, as evidenced by a determination in a binding and final judgment, order or decree of a court or administrative agency of competent jurisdiction, in effect after the exhaustion or lapse of all rights of appeal, in an action, suit or proceeding, whether civil, criminal, administrative or investigative, which the Board determines has a significant adverse impact on the Company in the conduct of the Company's... business; (ii) A conviction of a felony, as evidenced by a determination in a binding and final judgment, order or decree of a court or administrative agency of competent jurisdiction, in effect after the exhaustion or lapse of all rights of appeal, in an action, suit or proceeding, whether civil, criminal, administrative or investigative, which the Board determines has a significant adverse impact on the Company in the conduct of the Company's business; (iii) Willful or grossly negligent failure by Executive to perform his duties in a manner consistent with the Company's best interests; or (iv) Willful violation by the Executive of the Company's policies and proceduresView More
Cause. Any shall mean any of the following: (i) The engaging by the Executive in illegal or fraudulent conduct, as evidenced by a determination in a binding and final judgment, order or decree of a court or administrative agency of competent jurisdiction, in effect after the exhaustion or lapse of all rights of appeal, in an action, suit or proceeding, whether civil, criminal, administrative or investigative, which the Board determines determines, in its sole discretion, has a significant adverse... impact on the Company in the conduct of the Company's business; (ii) A conviction Conviction of a felony, as evidenced by a determination in a binding and final judgment, order or decree of a court or administrative agency of competent jurisdiction, in effect after the exhaustion or lapse of all rights of appeal, in an action, suit or proceeding, whether civil, criminal, administrative or investigative, which the Board determines determines, in its sole discretion, has a significant adverse impact on the Company in the conduct of the Company's business; (iii) Willful Neglect or grossly negligent failure refusal by the Executive to perform his the Executive's duties in a manner consistent with the Company's best interests; or responsibilities; or (iv) Willful A violation by the Executive of any Company Policies. Notwithstanding the Company's policies foregoing, Cause shall not exist under Sections 1(f) (iii) and procedures (iv) herein unless the Company furnishes written notice to the Executive of the specific offending conduct and the Executive fails to correct such offending conduct within the fifteen (15) day period commencing on the receipt of such notice. View More
Cause. Any for termination by the Company of the following: Executive's employment for purposes of this Agreement shall be limited to (i) The the engaging by the Executive in illegal or fraudulent conduct, intentional conduct that the Company establishes, by clear and convincing evidence, has caused demonstrable and serious financial injury to the Company, as evidenced by a determination in a binding and final judgment, order or decree of a court or administrative agency of competent jurisdiction, in... effect after the exhaustion or lapse of all rights of appeal, in an action, suit or proceeding, whether civil, criminal, administrative or investigative, which the Board determines has a significant adverse impact on the Company in the conduct of the Company's business; investigative; (ii) A conviction of a felony, as felony (as evidenced by a determination in a binding and final judgment, order or decree of a court or administrative agency of competent jurisdiction, in effect after the exhaustion or lapse of all rights of appeal, in an action, suit appeal); or proceeding, whether civil, criminal, administrative or investigative, which (iii) continuing willful and unreasonable refusal by the Board determines has a significant adverse impact on the Company in the conduct of the Company's business; (iii) Willful or grossly negligent failure by Executive to perform his the Executive's duties in a manner consistent with or responsibilities (unless significantly changed without the Company's best interests; or (iv) Willful violation by the Executive of the Company's policies and procedures Executive's consent). View More
Cause. Any of limited to (i) the following: (i) The engaging by the Executive in illegal conduct which has caused demonstrable and serious injury to the Employer, monetary or fraudulent conduct, otherwise, as evidenced by a determination in a binding and final judgment, order or decree of a court or administrative agency of competent jurisdiction, in effect after the exhaustion or lapse of all rights of appeal, in an action, suit or proceeding, whether civil, criminal, administrative or investigative,...which the Board determines has a significant adverse impact on other than an action, suit or proceeding, brought by the Company in or an Affiliate, the conduct purpose of the Company's business; which is to establish 'Cause' under this Agreement; (ii) A conviction of a felony, as evidenced by a determination in a binding and final judgment, order or decree of a court or administrative agency of competent jurisdiction, in effect after the exhaustion or lapse of all rights of appeal, in an action, suit or proceeding, whether civil, criminal, administrative or investigative, which the Board Employer determines has a significant adverse impact on the Company it in the conduct of its business; or (iii) unreasonable neglect or refusal by the Company's business; (iii) Willful or grossly negligent failure by Executive to perform his the Executive's duties in a manner consistent with or responsibilities (unless significantly changed without the Company's best interests; or (iv) Willful violation by the Executive of the Company's policies and procedures Executive's consent). View More
Cause. Any shall mean any of the die following: (i) The engaging by the die Executive in illegal or fraudulent conduct, as evidenced by a determination in a binding and final judgment, order or decree of a court or administrative agency of competent jurisdiction, in effect after the exhaustion or lapse of all rights of appeal, in an action, suit or proceeding, whether whetiier civil, criminal, administrative or investigative, which the die Board determines determines, in its sole discretion, has a... significant adverse impact on the Company in the conduct of the Company's business; (ii) A conviction Conviction of a felony, as evidenced by a determination in a binding bmding and final judgment, order or decree of a court or administrative agency of competent jurisdiction, in effect after the exhaustion or lapse of all rights of appeal, which die Board determines, in an action, suit or proceeding, whether civil, criminal, administrative or investigative, which the Board determines its sole discretion, has a significant adverse impact on die Company in die conduct of die Company's business; Notwidistanding die foregoing, Cause shall not exist under Sections 1(f) (iii) and (iv) herein unless the Company in the conduct of the Company's business; (iii) Willful or grossly negligent failure by Executive furnishes written notice to perform his duties in a manner consistent with the Company's best interests; or (iv) Willful violation by the Executive of die specific offending conduct and the Company's policies and procedures Executive fails to correct such offending conduct widiin die fifteen (15) day period commencing on die receipt of such notice. View More
Cause. Any shall mean any of the following: (i) The engaging by the Executive in illegal or fraudulent conduct, as evidenced by a determination in a binding and final judgment, order or decree of a court or administrative agency of competent jurisdiction, in effect after the exhaustion or lapse of all rights of appeal, in an action, suit or proceeding, whether civil, criminal, administrative or investigative, which the Board determines determines, in its sole discretion, has a significant adverse... impact on the Company in the conduct of the Company's business; (ii) A conviction Conviction of a felony, as evidenced by a determination in a binding and final judgment, order or decree of a court or administrative agency of competent jurisdiction, in effect after the exhaustion or lapse of all rights of appeal, in an action, suit or proceeding, whether civil, criminal, administrative or investigative, which the Board determines determines, in its sole discretion, has a significant adverse impact on the Company in the conduct of the Company's business; (iii) Willful Neglect or grossly negligent failure refusal by the Executive to perform his the Executive's duties in a manner consistent with the Company's best interests; or responsibilities; or (iv) Willful A violation by the Executive of the Company's policies and procedures procedures; Notwithstanding the foregoing, Cause shall not exist under Sections 1(f) (iii) and (iv) herein unless the Company furnishes written notice to the Executive of the specific offending conduct and the Executive fails to correct such offending conduct within the fifteen (15) day period commencing on the receipt of such notice. View More
