Cause

Example Definitions of "Cause"
Cause. A vote of the Board of Directors of the Company (the "Board") resolving that Grantee should be dismissed as a result of (i) Grantee's conviction of a felony; (ii) Grantee engaging in any other act of fraud, intentional misrepresentation, moral turpitude, misappropriation or embezzlement, illegality or unlawful harassment which, as determined by the Board in good faith and in light of all available facts, would: (A) materially adversely affect the business or the reputation of the Company with... its current or prospective customers, suppliers, lenders and/or other third parties with whom the Company does or might do business; or (B) expose the Company to a risk of material civil or criminal legal damages, liabilities or penalties; (iii) the repeated willful failure by Grantee to follow the reasonable directives of the Board in connection with the business affairs of the Company; or (iv) any material breach by Grantee of this Agreement or material violation of the Company's policies; or (v) willful and deliberate non-performance of duty by Grantee in connection with the business affairs of the Company, provided, however, in the event of termination based on (iii), (iv) or (v), Grantee will have a period of thirty (30) days after written notice to Grantee from the Company to cure the circumstance, if curable. In the event that the Grantee is a party to an employment agreement with the Company or any Subsidiary that contains a different definition of "cause," the definition set forth in such other agreement shall be applicable to the Grantee for purposes of this Agreement and not this definition. View More
Cause. The Executive's: (i) dishonesty (including, but not limited to, theft or embezzlement of Company funds or assets); (ii) conviction of, or guilty plea or no contest plea, to a felony charge or any misdemeanor involving moral turpitude; (iii) noncompliance in any material respect with any laws or regulations, foreign or domestic, affecting the operation of the Company's business; (iv) violation of any lawful express direction or any rule, regulation or policy established by the Company that is... consistent with the terms of this Agreement; (v) material breach of this Agreement or any other agreement with the Company or breach of the Executive's fiduciary duties to the Company; (vi) incompetence, negligence, or misconduct in the performance of the Executive's duties; (vii) repeated and consistent failure to be present at work during normal business hours except during vacation periods or absences due to temporary illness; (viii) abuse of alcohol or drugs which interferes with the Executive's performance of his duties; or (ix) any conduct by Executive that may have a material adverse effect to the Company's business or reputation. View More
Cause. (i) Employee's conviction of, or plea of guilty or nolo contendere to, any crime involving dishonesty or moral turpitude or any felony; or (ii) a good faith finding by the Company that Employee has (x) engaged in dishonesty, willful misconduct or gross negligence in connection with the performance of your duties or services to the Company, (y) breached an Ancillary Agreement, or (z) violated Company policies or procedures in a manner that has materially injured, or is reasonably likely to... materially injure, the Company's business or reputation. View More
Cause. (i) if the Participant is subject to an employment or consulting agreement with the Company or an Affiliate that includes a definition of "Cause," such definition, or (ii) in any other case, "Cause" means any of the following: (A) the Participant's conviction of a felony (or plea of nolo contendere thereto); (B) the Participant's willful refusal to substantially perform his or her duties as an employee or consultant (other than as a result of disability or illness or an absence approved by the... Company); (C) the Participant's willful engagement in misconduct that is materially injurious to the Company or an Affiliate; (D) the Participant's violation of any material policy or code of conduct of the Company or an Affiliate; or (E) the Participant's violation of the provisions of any employment agreement, non-competition agreement, confidentiality agreement, assignment of invention agreement, or any similar agreement with the Company or an Affiliate. View More
Cause. Any of the following: (i) your conviction by a court of competent jurisdiction or pleading "no contest" to a felony or to any conduct of a criminal nature involving moral turpitude (other than a minor traffic violation); (ii) if you intentionally engage in fraud, embezzlement or any other illegal conduct substantially detrimental to the business reputation of the Company and/or its affiliates, regardless of whether such conduct is designed to defraud the Company, its affiliates or others; or... (iii) you impart material confidential information relating to the business of the Company and/or its affiliates to competitors or other third parties other than in the course of carrying out your employment duties. View More
Cause. For the Company to terminate the Executive's employment hereunder shall exist upon the Executive's: (i), fraud, theft, embezzlement, proven gross negligence in connection with Executive performing his duties and responsibilities hereunder. (ii) conviction of a felony or a crime involving moral turpitude; or (iii) breach of any material provision of this Agreement, including without limitation, Section 7 and Section 8, after notice given to Executive within ninety (90) days of Company first... having direct knowledge of the occurrence of such material breach by Executive, and, to the extent curable, thirty (30) days opportunity for cure. View More
Cause. A determination by a majority vote of either Board (excluding Executive's vote) after the process described below that any of the following has occurred: (i) Executive's failure, in the Company or the Bank's judgment, to follow the reasonable directions of either Board and the failure to cure such failure to such Board, as applicable, satisfaction within ten (10) days after receipt of written notice from of such Board specifying the particulars of the failure; (ii) Executive's willful violation... of any laws, rules or regulations applicable to banks or the banking industry generally (including but not limited to the regulations of the Board of Governors of the Federal Reserve, the Federal Deposit Insurance Corporation (the "FDIC"), the Texas Department of Banking, or any other applicable regulatory authority); (iii) Executive's material failure to comply with the Company's or the Bank's policies or guidelines of employment or corporate governance policies or guidelines, including, without limitation, any business code of ethics adopted by the Company or the Bank, provided Executive is aware of such policies or guidelines and that in any such case, if capable of being cured, is not cured by Executive within ten (10) days of written notice by the Company or the Bank of the material failure; (iv) any act of fraud, misappropriation or embezzlement by Executive committed in connection with the business of the Company or the Bank which results or is likely to result in any material harm to the Bank or the Company; (v) a material breach of this Agreement, including, without limitation, a breach of Section 7 hereof, that, if such material breach is capable of being cured, is not cured by Executive within ten (10) days of written notice by the Company or the Bank of the breach; or (vi) Executive's conviction of, or Executive's pleading guilty or nolo contendere to, a felony or a crime involving moral turpitude (including pleading guilty or nolo contendere to a felony or lesser charge which results from plea bargaining), whether or not such felony, crime or lesser offense is connected with the business of the Company or the Bank, if such results or is likely to result in any material harm to the Bank or the Company, including the reputation of the Bank or the Company. View More
Cause. The occurrence of any one or more of the following: (i) Executive's willful failure substantially to perform his or her material duties and responsibilities to the Company; (ii) willful breach of any material obligation under any written agreement with the Company that is not cured within thirty (30) days after written notice to the Executive; (iii) Executive's deliberate violation of a material Company policy, or conviction of any felony or any act of fraud, embezzlement, dishonesty or any... other willful misconduct, that has caused or is reasonably expected to result in material injury to the Company; or (iv) material unauthorized use, disclosure or misappropriation by Executive of any proprietary information, trade secret or other asset of the Company or entrusted to the Company by a third party. View More
Cause. (i) other than by reason of a physical or mental incapacity, any continued and willful failure of the Executive at any time to attempt in good faith to perform the Executive's duties with the Company, including a continued and willful failure by the Executive to attempt in good faith to meet reasonable, material performance expectations that are not measured by Company economic performance, which is not cured by the Executive within sixty (60) days after receiving notice from the Company... identifying such deficiencies; or (ii) the willful engaging by the Executive in illegal conduct or gross misconduct that is materially and demonstrably injurious to the Company; or (iii) conviction of the Executive of a felony (other than a traffic-related felony) or a guilty or nolo contendere plea by the Executive with respect thereto; or (iv) a material breach by the Executive of any material provision of this Agreement; or (v) a willful violation by the Executive of a material legal requirement, or of any material written Company policy or procedure, that in either case is materially and demonstrably injurious to the Company; or (vi) the Executive's failure to obtain or maintain, or inability to qualify for, any license (other than a driver's license) required by law for the performance of the Executive's material job responsibilities, or the suspension or revocation of any such license held by the Executive as a result of an action or inaction by the Executive; provided that, if such failure, suspension or revocation is curable, such failure should not constitute Cause unless the Executive does not cure the failure within a reasonable time (not less than sixty (60) days) after receiving notice of such deficiency, provided further, in no event shall Cause exist under this clause (vi) so long as the Executive is diligently pursuing a cure of such failure, suspension or revocation in good faith and the failure is cured within one hundred twenty (120) days after receiving such notice. View More
Cause. (i) a felony conviction of Executive, (ii) the failure of Executive to contest prosecution for a felony, or (iii) Executive's willful misconduct or dishonesty, any of which is determined by the Compensation Committee to be directly and materially harmful to the business or reputation of the Company or any of its subsidiaries
All Definitions